Biofungicides Market: Global Opportunity Analysis and Industry Forecast 2020–2027
|
A07326
|
Pages: NA
|
Sep 2020 |
42 Views
|
|
|
|
Author(s) :
NA
|
Tables: NA
|
Charts: NA
|
Formats*:
|
|
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Biofungicides Market: Global Opportunity Analysis and Industry Forecast 2020–2027
Request Now !Biofungicides are the living organisms that control the activity of plant pathogenic fungi and bacteria. It is made up of fungi and bacteria that colonize and assail plant pathogens, thereby preventing the diseases they cause. These microorganisms are naturally found in soil, making them an environment-friendly alternative to chemical fungicides. Biofungicides are used as a pest-control in the cultivation of cereals, grains, fruits & vegetables, and oilseeds & pulses. They help to increase the fertility of land and prolong the life of flowers & fruits. In addition, biofungicide is easily decomposed by sunlight, plants, or various soil microorganisms.
Market scope and structure analysis:
|
Report Metric |
Details |
|
Market size available for years |
2019–2027 |
|
Base year considered |
2019 |
|
Forecast period |
2020–2027 |
|
Forecast unit |
Value (USD Million) |
|
Segments covered |
Form, Type, Crop Type, Application |
|
Regions covered |
North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa |
|
Companies covered |
BASF SE, Bayer AG, Syngenta AG, FMC Corporation, Nufarm, Novozymes, Marrone Bio Innovations, Koppert Biological Systems, Isagro S.P.A, T. Stanes & Company Limited, BioWorks, The Stockton Group, Valentt Biosciences, Agri Life, Certis U.S.A, Andermatt Biocontrol AG, Lesaffre, Rizobacter, Vegalab S.A, Biobest Group NV, and Biolchim |
COVID-19 scenario analysis:
- The outbreak of COVID-19 has disrupted many industrial activities in agriculture and supply chains. Non-availability of migrant labor interrupts harvesting activities, particularly in northwest India where wheat and pulses are being harvested. Prices have declined for wheat, vegetables, and other crops, yet consumers are paying more.
- Europe is among the largest economies across the globe in terms of industrial production. The COVID-19 pandemic had led the manufacturers of chemical, electronics, and biofungicides to face issues regarding supply chain disruption. Government orders to suspend production are further affecting industrial output in Europe.
- Organic chemicals, surgical & optical instruments, electrical machinery & mechanical appliances, and plastics are items that comprise 28% of the total imports from China. Disruption in the supply chain adversely affects end-user industries, which use these items for production or finished products.
Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis
The rise in demand for organic fruits and vegetables globally has increased the demand for biofungicides. Framers are now discarding the use of chemical-based biofungicides due to harmful health concerns. Biofungicides are used in the cultivation of cereals, grains, fruits & vegetables, oilseeds, and pulses as pest control. The shift in consumer preference for organic fruits & vegetables is expected to boost the market growth.
In addition, fungal infections occur in the soil and root zone area of the plant that affect the plant growth and eventually leads to plant death. Biofungicides improve plant growth and give new life to plants. Soil treatment is the most suitable method for bio fungicides due to the advancements in soil treatment techniques.
Bio fungicides provide longer shelf life and affordable prices for organic products are the key benefits of biofungicides, which have led to a higher preference for wettable powdered form in the biofungicides market. Farmers use wettable powder to directly sprinkle over the soil, or it can be mixed with water, which is meant for irrigation.
However, high costs and low availability of the product are the major constrains of the market. Most farmers, particularly in developing regions, are familiar with chemical-based agro-products, and are unwilling to adopt advanced products due to financial hurdles; this continues to be a challenge for biofungicide suppliers.
Surge in usage of biofungicides in soil treatment applications:
Based on region, the global bio fungicides market is segmented into North America, Europe, Asia-Pacific, and LAMEA. North American is one of the largest producers of organic fruits & vegetables. In addition, the increase in use of integrated pest management solutions is projected to drive the market growth of bio fungicides across the globe.
As a natural way of improve plant growth, maintaining soil health and improving plant nutrient intake, biofungicide product application is gaining popularity in various environmentally-cognizant markets such as North America and Europe. The use of biofungicides in Europe for crop-based applications is the largest and is growing faster than non-crop-based applications.
Grain & cereal and oilseed applications are the largest end users of biofungicides in Europe. The effect of organic, clean label, and residue-free customer preferences has led to an increase in demand for biofungicides, particularly in the agricultural industry, which is driving the global bio fungicides market. Increase in awareness of health benefits of using natural products also contributes to the biofungicides market.
Key segments covered:
|
Segments |
Sub-segments |
|
Type |
|
|
Form |
|
|
|
|
|
Crop Type |
|
|
Application |
|
Key benefits of the report:
- This study presents the analytical depiction of the biofungicides market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the biofungicides market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the biofungicides market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides detailed analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the biofungicides market research report:
- Which are the leading market players active in the market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What are the projections for the future that would help in taking further strategic steps?
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
REQUEST TOC/SAMPLE
Purchase Full Report of
Biofungicides Market: Global Opportunity Analysis and Industry Forecast 2020–2027
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Single User
-
$5,769$5,192 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Library Membership
- $ 699/mo
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.