According to the Foreclaro Global Research, the
Global
Fungicides Market size was valued at USD 17254.1 million in 2024. The report “Global Fungicides
Market Segmentation By Type (Chemical/Synthetic Fungicides {Triazoles,
Strobilurins, Benzimidazoles, Dithiocarbamates, Phenylamides, Other Chemical
Classes}, Biological/Bio-fungicides {Microbial, Botanical Extracts}), By Form (Liquid
Formulations {Suspension Concentrates (SC), Emulsifiable Concentrates (EC), Soluble
Liquid (SL)}, Dry Formulations {Wettable Powders (WP), Water-Dispersible
Granules (WG), Granules (G)}), By Mode of Application (Foliar Spray, Seed
Treatment, Soil Treatment, Chemigation, Post-Harvest), By Crop Type (Cereals
& Grains, Oilseeds & Pulses, Fruits & Vegetables, Commercial Crops,
Turf & Ornamentals)-
Industry Trends and Forecast to 2033” gives a detailed insight into current market
dynamics and provides analysis on future market growth.
The global fungicides market is experiencing
steady growth largely due to market demand for efficiency and efficacy in
controlling fungi that can hamstring productivity, and quality of crops. This
has been further amplified by growing global food needs, declining arable lands
and outbreaks of diseases attributed to climate change. As a result, more
effective fungicide formulation is in order. To this end, fungicides can be
applied to cereals, fruits, vegetables and oilseeds, to help control and
prevent diseases such as rusts, blight and mildew. As we have seen technical
advances such as bio-based fungicides, systemic fungicides used to promote
sustainable practices while simultaneously reducing environmental impact. In addition,
the use of integrated pest management (IPM) and precision farming practices
have compounded the growth of the global fungicides market. Notably, fungicide
resistance concerns, regulation and toxicity to the environment can hinder
market growth. Nonetheless, the global fungicides market is expected to
continue a steady growth than before, as investment in R&D currently
affords this opportunity and the possibilities with green formulations becomes
more attractive.
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Global Fungicides
Market Report Highlights
· The
worldwide fungicides industry is growing at a healthy pace because of the
demand for effective crop protection products and rising fungal diseases due to
climate changes.
· The
development of bio-based, systemic, and broad-spectrum fungicides advancing
sustainable agricultural practices and improving disease resistance.
· Fungicides
are seen in cereals, fruit, vegetables, oilseeds, and pulses to manage a
variety of diseases including rusts, blights, mildews, and molds.
· Utilization
of precision farming, integrated pest management (IPM), and new formulation
technologies are improving efficiency and lowering chemical residues.
· The
Asia-Pacific regions are the largest market for fungicides due to large
production of the agricultural sector while the Europe and North America
markets focus on sustainable fungicides and government-regulated fungicides.
· With
a growing emphasis on environmentally friendly fungicides and
resistance-management options alongside the growth in R and D spending, the
next phase of the fungicide industry will be shaped.
Foreclaro
Global Research has segmented the Fungicides Market report based on Type, Form,
Mode of Application, Crop Type, and region:
Fungicides
Market, Type Outlook (Revenue - USD Million, 2020 - 2033)
Chemical/Synthetic
Fungicides
·
Triazoles
·
Strobilurins
·
Benzimidazoles
·
Dithiocarbamates
·
Phenylamides
·
Other
Chemical Classes
Biological/Bio-fungicides
·
Microbial
·
Botanical
Extracts
Fungicides
Market, Form Outlook (Revenue - USD Million, 2020 - 2033)
Liquid
Formulations
·
Suspension
Concentrates (SC)
·
Emulsifiable
Concentrates (EC)
·
Soluble
Liquid (SL)
Dry
Formulations
·
Wettable
Powders (WP)
·
Water-Dispersible
Granules (WG)
·
Granules
(G)
Fungicides
Market, Mode of Application Outlook (Revenue - USD Million, 2020 - 2033)
Foliar
Spray
Seed
Treatment
Soil
Treatment
Chemigation
Post-Harvest
Fungicides
Market, Crop Type Outlook (Revenue - USD Million, 2020 - 2033)
Cereals
& Grains
Oilseeds
& Pulses
Fruits
& Vegetables
Commercial
Crops
Turf &
Ornamentals
Fungicides
Market, Regional Outlook (Revenue - USD Million, 2020 - 2033)
North
America
·
United
States
·
Canada
·
Mexico
Europe
·
United
Kingdom
·
Germany
·
France
·
Spain
·
Italy
·
Rest
of Europe
Asia
Pacific
·
China
·
India
·
Japan
·
Australia
·
South
Korea
·
Rest
of Asia Pacific
Latin
America
·
Brazil
·
Argentina
·
Rest
of Latin America
Middle East
& Africa
·
Saudi
Arabia
·
South
Africa
·
Rest
of MEA
Global Fungicides Market Key Players
·
Nufarm Ltd.
·
FMC Corporation
·
DuPont
·
BASF Agricultural Solutions
·
Cheminova A/S
·
Bayer CropScience
·
Syngenta AG
·
Dow AgroSciences
·
Lanxess AG
·
Monsanto