North America is Projected to Grow at the Highest CAGR in the Biofungicides Market by 2025

The global biofungicides market is estimated to account for a value of USD 1.6 billion in 2020 and is projected to grow at a CAGR of 16.1%, to reach a value of USD 3.4 billion by 2025. The biofungicides market is projected to witness significant growth due to the increasing demand for chemical residue-free and environment-friendly products. Stringent government regulations and a significant shift toward sustainable agricultural practices are factors that are projected to decrease the use of chemical-based crop protection products.

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North America is projected to grow at the highest CAGR during the forecast period

North America accounted for the largest market share during the forecast period due to the presence of major players in the market in the region. The region witnesses the adoption of integrated pest management and organic farming practices, which has also promoted the growth of the market. 



The region is also one of the largest producers of fruits & vegetables. In addition, the increasing concerns about food safety across the globe have also contributed to the growth of the market.

The shift toward sustainable agriculture and the presence of key players in the North American region are factors that are projected to drive the growth of the biofungicides market.


The North American region is one of the largest producers of organic fruits and vegetables. In addition, the increasing use of integrated pest management solutions is projected to drive the market growth of biofungicides in the region.


Some of the major players in the biofungicides market are BASF SE (Germany), Bayer AG (Germany), Syngenta AG (Switzerland), FMC Corporation (US), Nufarm (Australia), Novozymes (Denmark), Marrone Bio Innovations (US), Koppert Biological Systems (Netherlands), Isagro S.P.A (Italy), T. Stanes & Company Limited (India), BioWorks (US), The Stockton Group (Israel), Valnet Biosciences (US), Agri Life (India), Certis U.S.A (US), Andermatt Biocontrol AG (Switzerland), Lesaffre (France), Rizobacter (Argentina), Vegalab S.A (US), Biobest Group NV (Belgium), and Biolchim (Italy). 

New product launches and partnerships are some of the major strategies adopted by the leading players in the biofungicides market to enhance their market presence by diversifying their businesses geographically, strengthening their distribution networks, and expanding their product portfolios.


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