Global Biofumigation Market Size to Exceed USD 4.42 Billion by 2033: Forecast Analysis Report

Global Biofumigation Market Size to Exceed USD 4.42 Billion by 2033   

According to a research report published by Spherical Insights & Consulting, The Global Biofumigation Market Size Expected to Grow from USD 2.19 Billion in 2023 to USD 4.42 Billion by 2033, at a CAGR of 7.27% during the forecast period 2023-2033.       

Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Biofumigation Market Size, Share, and COVID-19 Impact Analysis, By Seed Type (Mustard Seed, Cauliflower Seed, Broccoli Seed, and Others), By End Use (Agriculture, Horticulture, and Landscaping), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033         

An agricultural technique termed biofumigation makes use of plants that generate glucosinolates, particularly those in the Brassica family. These glucosinolates are broken down to produce other chemicals, including isothiocyanates, once the tissues of these crops are ruined. It is well known that isothiocyanates inhibit a variety of pests and disease organisms. The global market for biofumigation is expected to be driven by the growing need for fumigants that are both effective and environmentally benign. Additionally, the global biofumigation market is expanding significantly due to the increased demand for sustainable agriculture practices and organic farming. As consumers become increasingly aware of the benefits of chemical-free products, farmers are under pressure to employ environmentally friendly pest management practices. However, the market growth is expected to be hampered by the fact that the biofumigation technique requires more time and care than the use of synthetic nematodes.

The mustard seed segment is expected to hold the largest share of the global biofumigation market during the projected timeframe.                  

Based on seed type, the global biofumigation market is categorized as mustard seed, cauliflower seed, broccoli seed, and others. Among these, the mustard seed segment is expected to hold the largest share of the global biofumigation market during the projected timeframe. The demand for mustard seed among biofumigant producers is expected to be driven by the growing use of mustard seed for the manufacturing of seed cakes and oil, which are utilized in the biofumigation process.

The agriculture segment is expected to grow at the fastest CAGR during the projected timeframe.       

Based on the end use, the global biofumigation market is categorized as agriculture, horticulture, and landscaping. Among these, the agriculture segment is expected to grow at the fastest CAGR during the projected timeframe.  The growing demand for sustainable pest control techniques has led to the agriculture sector holding a significant portion. Growing awareness of the negative environmental effects of chemical pesticides and trends favoring organic farming methods are driving the market's expansion.

Asia Pacific is projected to hold the largest share of the global biofumigation market over the forecast period.

Asia Pacific is projected to hold the largest share of the global biofumigation market over the forecast period. It is anticipated that the region's use of biofumigation would increase due to the decreasing food output caused by insects and other pests, as well as the rising prevalence of bacterial and soil-borne pathogen diseases. The biofumigation market in Asia Pacific is anticipated to be driven by growing government support for the use of environmentally friendly biofumigants as well as growing awareness of the advantages of biofumigation as a crop protection technique.

North America is expected to grow at the fastest CAGR growth of the global biofumigation market during the forecast period. The market in North America is expected to be driven by the rising demand for sustainable agriculture goods as well as the increased application efficiency of biofumigants. Additionally, the region's presence of well-known industry participants like Eastman Chemical Company and Marrone Bio Innovations is anticipated to support the market's expansion.

Company Profiling

Major vendors in the global biofumigation market are Syngenta, Corteva Agriscience, Valent BioSciences, Plant Health Care, Amvac Chemical Corporation, Ecovet, Certis USA, BioSafe Systems, Hanfeng Evergreen Inc., Koppert Biological Systems, and Bayer, and Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In June 2022, leading agricultural biotechnology firms Novozymes and Certis Biologicals worked together to create new solutions for the extremely efficient control of fungal diseases. Growers of row crops will benefit from new ideas brought about by this partnership.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global biofumigation market based on the below-mentioned segments: 

Global Biofumigation Market, By Seed Type

• Mustard Seed
• Cauliflower Seed
• Broccoli Seed
• Others

Global Biofumigation Market, By End Use

• Agriculture
• Horticulture
• Landscaping

Global Biofumigation Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa