Business Services News

Business Services News

Breaking News on Business Services

Home > Business Services Search Engine                                 

Business Services News -- Video Feeds
  • Advertising
  • Careers
  • Corporate news
  • Economy
  • Markets
  • Small Business
  • Personal Finance
  • Regulatory and Compliance
  • Business News

    Biofungicides Market Worth $4.06 Billion by 2029 at a CAGR of 12.6%
    (I-BusinessNews.Com, July 06, 2022 ) According to a new market research report titled, ‘Biofungicides Market by Origin (Microbial, Biochemical), Formulation (Dry, Liquid), Mode of Application (Soil Treatment, Seed Treatment, Foliar Spray), Crop Type (Fruits & Vegetables, Cereals & Grains), and Geography - Global Forecast to 2029,’ the biofungicides market is expected to 2029 to reach $4.06 billion by 2029, at a CAGR of 12.6% from 2022 to 2029. By volume, the biofungicides market is expected to reach 214.9 KT by 2029, at a CAGR of 10.1% from 2022 to 2029.



    Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5292



    Over the last few decades, agricultural yields have increased tremendously through the extensive application of chemicals that have long-lasting effects on the environment and humans. However, higher and advanced productive agricultural methods are a requirement to meet the food demand of the growing population. Therefore, the use of biofungicides has increased significantly across the globe.



    Biofungicides are compounds formulated to specifically affect target pathogenic fungi and other related organisms. Biofungicides are a suitable alternative for synthetic fungicides in crop protection since they are economically viable, eco-friendly, and easy to use. Biofungicides obtained from microorganisms and other biological agents play a vital role in minimizing and controlling pest infestations and increasing crop yields.



    Scope of the Report:



    Biofungicides Market, by Origin



    Microbial

    Trichoderma

    Bacillus

    Pseudomonas

    Streptomyces

    Other Microbial Species

    Biochemical

    Plant-incorporated Protectant

    Biofungicides Market, by Formulation



    Dry Biofungicides

    Liquid Biofungicides



    Biofungicides Market, by Mode of Application



    Soil Treatment

    Seed Treatment

    Foliar Spray

    Post-harvest

    Other Modes of Application



    Biofungicides Market, by Crop Type



    Fruits & Vegetables

    Cereals & Grains

    Maize/Corn

    Wheat

    Rice

    Other Cereals & Grains

    Oilseeds & Pulses

    Other Crop Types



    Biofungicides Market, by Geography



    North America

    U.S.

    Canada

    Europe

    Spain

    France

    Germany

    Italy

    U.K.

    Rest of Europe

    Asia-Pacific

    China

    India

    Australia

    Japan

    Thailand

    Vietnam

    Indonesia

    Malaysia

    Rest of Asia-Pacific

    Latin America

    Brazil

    Mexico

    Argentina

    Chile

    Rest of Latin America

    Middle East & Africa



    To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/biofungicides-market-5292



    Impact of COVID-19 on the Biofungicides Market



    The COVID-19 pandemic adversely impacted economies globally. The implementation of nationwide lockdowns and curfews to curb the spread of infection impacted numerous industries worldwide, including agriculture and crop protection. The biofungicides market registered a strong decline in sales in the first quarter of 2020 due to disruptions in the logistics sector. Furthermore, the value chain of this market, from raw materials supply to manufacturing, packaging, and distribution, was significantly disrupted due to the pandemic.



    The outbreak of the COVID-19 pandemic resulted in reduced operations, reduced demand from farmers, and the closure of production facilities. Various industries were affected due to severe labor shortages due to the nationwide lockdowns. The decline in businesses in 2020, coupled with decreased demand from major markets, caused hurdles for biofungicides manufacturers and vendors.



    The impact of the COVID-19 pandemic on this market was felt in China at the beginning of 2020, as the country is one of the world's largest raw material suppliers for the biofungicides industry. Most European and North American biofungicides companies import key active ingredients used in producing biofungicides from China and other Asian countries. The low availability of raw materials resulted in the scarcity of biofungicide products in high-growth markets, such as the U.S., Brazil, Spain, and Italy.



    Speak to our Analysts to Understand the Impact of COVID-19 on Your Business: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5292



    Some of the key players operating in the biofungicides market are Bayer AG (Germany), Marrone Bio Innovations, Inc. (U.S.), Certis USA L.L.C. (Part of Mitsui & Co.) (U.S.), Andermatt Biocontol AG (Switzerland), BASF SE (Germany), Som Phytopharma India Limited (India), Syngenta AG (part of ChemChina) (Switzerland), International Panaacea Ltd (IPL) (India), The Stockton (STK) Group (Israel), BioWorks, Inc. (U.S.), Novozymes A/S (Denmark), W. Neudorff GmbH KG (Germany), Valent U.S.A. LLC (Part of Sumitomo Chemical Co., Ltd.) (U.S.), FMC Corporation (U.S.), and Gowan Company, LLC. (U.S.).



    Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5292



    Related Reports:



    Biostimulants Market by Active Ingredients (Acid-based, Extracts-based), Mode of Application (Soil Treatment, Seed Treatment), Formulation (Liquid, Dry), Crop Type (Row Crops, Fruits & Vegetables, Turfs & Ornamentals) — Global Forecast to 2028

    https://www.meticulousresearch.com/product/biostimulants-market-5057



    Agricultural Fumigants Market by Type (Phosphine, Chloropicrin, Telone, Metam Sodium), Application (Warehouse, Soil), Form (Liquid, Solid), Pest Control Method (Tarpaulin Fumigation, Structural Fumigation (Tent)), and Crop Type - Global Forecast to 2025

    https://www.meticulousresearch.com/product/agricultural-fumigants-market-4263

    Meticulous Research™

    Khushal

    +91 744-7780008

    sales@meticulousresearch.com

    Source: EmailWire.Com

    Source: EmailWire.com

    Business News Feeds
  • Business News - Top Stories
  • Company Earnings
  • Economy
  • Personal Finance
  • Real Estate
  • Stock Markets
  • Business Services Sponsors

    Business Services Ads

    Business Resource Center
    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    CIO Insight
    Managed Healthcare Executive
    Mortgage Technology

    No credit cards, coupons, or promo codes required. Try it today!

    Press release service

    :: Home: :: Submit Press Release :: Subscribe to News :: Contact Us :: Help

    For unlimited press release distribution for $59 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.

    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    I-BusinessNews.Com is a business news service of GroupWeb Media LLC