Hyderabad, India -- (SBWire) -- 03/20/2018 --Biofungicides refers to living bacteria and fungi that are used to control the activity of plant pathogenic fungi and bacteria. The idea of biofungicides is based upon observations of natural processes where beneficial microorganisms, usually isolated from soil, hinder the activity of plant pathogens. These microorganisms produce a wide range of antibiotic substances and parasitize other fungi, etc.
These Biofungicides have similar response as antibiotics. These microbes produce enzymes that inhibits the pathogenic bacterial growth through enzymatic mechanism of action. Moreover these biofungicides feed on this pathogenic parasitizes to prevent further growth.
Although biofungicides have greater benefits but it is not useful for plants that are already infected and cannot be used for treatment of infected plants.
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Biofungicides Market: Drivers and Challenges
The major factor driving the adoption of Biofungicides is the presence of human, animal and environmental health concerns prevalent due to use of chemical or synthetic pesticides in crop protection. Various countries are adopting a stringent approach concerning the amount of imports, with focus on regulating the quantity of pesticide residues which has resulted in increased demand for regulated food safety and quality.
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The key challenge restraining the market for Biofungicides is that the isolation of this microbes are high cost and have low availability with a very poor yield margin. .
In Biofungicides market there are many vendors some of the prominent are Valent Biosciences, Certis LLc,Marrone Bio innovations, Agraquest, and Koppert Biological systems.
North America is holding the largest market share currently for Biofungicides market due U.S. to reduce the growing risk of chemical contamination of ground water body due to use of synthetic pesticides and causing environmental pollution along with various health issues
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In Europe region, the market for Biofungicides is witnessing high growth rate due to presence of large number of Biofungicides and product provider. Moreover, Biofungicides are also adopted in APAC region and is having a significant growth margin .
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