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Global Fungicides Market – Industry Trends and Forecast to 2029

Chemical and Materials | Upcoming Report | Dec 2021 | Global | 350 Pages | No of Tables: 220 | No of Figures: 60
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Global Fungicides Market

Market Size in USD Billion

CAGR :  %

2022 2029
Forecast Period
2023 –2029
Market Size(Base Year)
USD MILLION
Market Size (Forecast Year)
USD MILLION
CAGR
%
Major Markets Players
  • Nufarm
  • Dow
  • ADAMA India Private Limited
  • Syngenta
  • Bayer AG

Global Fungicides Market By, Type (Chemical, Biological), Form (Liquid, Dry), Mode of Action (Contact, Systemic), Crop Type (Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables, Other Crop Types), Application (Seed Treatment, Soil Treatment, Foliar Spray, Chemigation, Post-Harvest), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029

Fungicides Market Market Analysis and Insights : Global Fungicides Market

The fungicides market is expected to witness market growth at a rate of 4.25% in the forecast period of 2022 to 2029. Data Bridge Market Research report on fungicides market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the demand for the various agricultural applications is escalating the growth of fungicides market.

Fungicide refers to a substance, often a chemical that is widely utilized for killing fungi, fungal infections and fungal spores. These chemicals are specially designed pesticides that are used for controlling and preventing the fungal and spores diseases growth. They assist in the protection of crops to maintain their yield and quality. They have various applications in agriculture, horticulture, and floriculture sectors.

The adoption of agrochemicals across the globe acts as one of the major factors driving the growth of fungicides market. The high adoption of intensive farming as it is an agricultural intensification and mechanization system aiming to maximize yields from available land through means such as the heavy use of fungicides and increase in demand for high-value crops accelerate the market growth. The growing emphasis on integrated pest management solutions and rise in demand for effective pest management among farmers owning to the changes in farming techniques and technological advancements further influence the market. Additionally, increase in need for augmented agricultural productivity, growth in population, decline in arable land, expansion of agriculture and horticulture sectors and launches of novel fungicide products positively affect the fungicides market. Furthermore, advent of precision farming and rise in application of biological fungicides extends profitable opportunities to the market players in the forecast period of 2022 to 2029.

On the other hand, growing resistance to fungicides and issues with fungicide residue are expected to obstruct the market growth. Stringent regulations and long duration of new product approvals are projected to challenge the fungicides market in the forecast period of 2022-2029.

This fungicides market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on fungicides market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Fungicides Market Scope and Market Size

The fungicides market is segmented on the basis of type, form, mode of action, crop type and applications. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets. 

  • On the basis of type, the fungicides market is segmented into chemical and biological. Chemical are further segmented into triazoles, strobilurins, dithiocarbamates, chloronitriles, phenylamides, and other chemical fungicides. Biological are further segmented into microbial and botanical.
  • On the basis of form, the fungicides market is segmented into liquid and dry. Liquid is further segmented into suspension concentrates (SC), emulsifiable concentrates (EC), and soluble liquid flowables (SLC). Dry is further segmented into water-dispersible granules (WDG) and wettable powder (WP).
  • On the basis of mode of action, the fungicides market is segmented into contact and systemic.
  • On the basis of crop type, the fungicides market is segmented into cereals and grains, oilseeds and pulses, fruits and vegetables, and other crop types. Cereals and grains are further segmented into corn, wheat, rice, and other cereals and grains. Oilseeds and pulses are further segmented into soybean, cotton, and other oilseeds and pulses. Fruits and vegetables are further segmented into apple, pears, cucumber, potatoes, grapes, and other fruits and vegetables.
  • On the basis of application, the fungicides market is segmented into seed treatment, soil treatment, foliar spray, chemigation, and post-harvest.

Fungicides Market Country Level Analysis

The fungicides market is analyzed and market size, volume information is provided by country, type, form, mode of action, crop type and applications as referenced above.    

The countries covered in the global fungicides market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America. 

Asia-Pacific dominates the fungicides market due to the high crop production within the region. Europe is expected to be the fastest growing market during the forecast period of 2022 to 2029 because of the increasing demand for food security in European countries.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Fungicides Market Share Analysis

The fungicides market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to fungicides market.

Some of the major players operating in the fungicides market report are Nufarm, Dow, ADAMA India Private Limited, Syngenta, Bayer AG, Sumitomo Chemical, BASF SE, FMC Corporation, Dupont, Nippon Soda, Cheminova, Monsanto, Nutrichem, ISHIHARA SANGYO KAISHA, LTD., Shinobu Ishihara, SEIPASA S.A., Verdesian Life Sciences, LLC, BioWorks Inc., Koppert B.V., and Marrone Bio Innovations, among others.


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Global Fungicides Market, Supply Chain Analysis and Ecosystem Framework

To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Fungicides Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Fungicides Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.

Research Methodology

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Customization Available

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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