Market Size of US Biofungicide Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 0.96 Billion |
| Market Size (2029) | USD 1.52 Billion |
| CAGR (2024 - 2029) | 9.50 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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US Bio fungicides Market Analysis
The US Biofungicide Market size is estimated at USD 0.96 billion in 2024, and is expected to reach USD 1.52 billion by 2029, growing at a CAGR of 9.5% during the forecast period (2024-2029).
- Among the crop types, fruits and vegetables accounted for a significant share of 55%, followed by turf and ornamental with 15.2%, in 2019.
- The need to feed an ever-growing population, coupled with an increasing demand for sustainable agricultural practices, is anticipated to drive the market's growth. Food safety is a primary concern for American consumers. Therefore, it is vital for both producers and retailers.
