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
Global Fungicides Market size was valued at USD 17254.1 million in 2024 and is expected to reach at
USD 29435.9 million in 2033, with a CAGR of 5.4% during the forecast period of
2025 to 2033.
Global Fungicides Market Overview
The Global Fungicides Market is
experiencing constant increase, pushed by growing demand for crop safety to
make certain meals protection and maximize agricultural yields. Rising
incidences of fungal infections in high-fee vegetation together with cereals,
fruits, and vegetables, coupled with increasing international meals call for,
are fueling marketplace adoption. Technological improvements in systemic and
bio-primarily based totally fungicides, alongside incorporated pest control
practices, are similarly improving effectiveness. North America and Europe stay
key markets because of stringent exceptional standards, at the same time as
Asia-Pacific and Latin America are rising as high-increase regions. However,
regulatory restrictions, environmental concerns, and pathogen resistance pose
demanding situations to marketplace expansion.
Global Fungicides Market Scope
Global Fungicides
Market |
|||
Years
Considered |
|||
Historical Period |
2020 - 2023 |
Market Size (2024) |
USD 17254.1 Million |
Base Year |
2024 |
Market Size
(2033) |
USD 29435.9 Million |
Forecast Period |
2025 - 2033 |
CAGR (2025 – 2033) |
5.4% |
Segments
Covered |
|||
By Type |
·
Chemical/Synthetic Fungicides o Triazoles o Strobilurins o Benzimidazoles o Dithiocarbamates o Phenylamides o Other
Chemical Classes ·
Biological/Bio-fungicides o Microbial o Botanical
Extracts |
||
By Form |
·
Liquid
Formulations o Suspension Concentrates (SC) o Emulsifiable Concentrates (EC) o Soluble Liquid (SL) ·
Dry
Formulations o Wettable Powders (WP) o Water-Dispersible Granules (WG) o 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 |
||
Countries Catered |
|||
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 |
||
Key Companies |
|||
·
Nufarm
Ltd. ·
DuPont ·
Monsanto |
Global Fungicides Market Dynamics
The Global Fungicides Market is
shaped through a combination of agricultural, technological, and regulatory
dynamics that impact increase and adoption worldwide. The marketplace is by and
large pushed through the growing want to defend plants from fungal illnesses
that may extensively lessen yield and quality, in particular in high-fee plants
together with cereals, fruits, vegetables, and oilseeds. Rising international
meals demand, populace increase, and the want for sustainable agricultural
practices are in addition boosting fungicide utilization. Technological
advancements, which include the improvement of systemic fungicides,
biofungicides, and aggregate formulations, are enhancing efficacy whilst
decreasing environmental impact. Additionally, precision agriculture and
virtual gear allow focused application, minimizing chemical utilization and
improving cost-effectiveness.
However, the marketplace faces
numerous restraints, which include stringent regulatory frameworks that
restriction using sure chemical fungicides because of environmental and fitness
concerns. High research, improvement, and registration prices for brand new
lively elements additionally mission marketplace entry. The emergence of
pathogen resistance is some other vital issue, decreasing the long-time period
effectiveness of current fungicides. Despite those challenges, possibilities
exist withinside the improvement of eco-friendly, bio-primarily based totally
fungicides and included pest control answers. The Asia-Pacific region, with
increasing agricultural land and growing adoption of contemporary-day farming
techniques, is rising as a high-increase marketplace, whilst North America and
Europe keep to cognizance on innovation, regulatory compliance, and
sustainability. Overall, the fungicides marketplace is evolving closer to
greater efficient, sustainable, and technologically superior crop safety answers
globally.
Global Fungicides Market
Segment Analysis
The Global Fungicides Market is
segmented across type, formulation, mode of application, and crop type, every
supplying awesome increase dynamics and marketplace possibilities. By Type,
fungicides are widely classified into chemical/artificial fungicides and
biological/bio-fungicides. Chemical fungicides, which include triazoles,
strobilurins, benzimidazoles, dithiocarbamates, phenylamides, and different
chemical classes, dominate the marketplace because of their broad-spectrum
activity, fast ailment control, and hooked up utilization in industrial
agriculture. Among those, triazoles and strobilurins are especially desired for
cereals and end result. Biological fungicides, comprising microbial
formulations and botanical extracts, are gaining traction because of growing
environmental worries and growing adoption of sustainable agriculture
practices, supplying green options with decrease toxicity.
By Form, fungicides are to be had
as liquid formulations and dry formulations. Liquid paperwork consist of
suspension concentrates (SC), emulsifiable concentrates (EC), and soluble
liquids (SL), which offer uniform insurance and simplicity of mixing, making
them perfect for foliar applications. Dry formulations, along with wettable
powders (WP), water-dispersible granules (WG), and granules (G), provide better
shelf life, stability, and suitability for seed remedy or soil software. By
Mode of Application, fungicides are used thru foliar spray, seed remedy, soil
remedy, chemigation, and post-harvest applications. Foliar sprays dominate
because of their direct motion on inflamed plant surfaces, at the same time as
seed remedy and soil software are desired for preventive ailment management.
Post-harvest fungicides are an increasing number of used to lessen spoilage in
end result, veggies, and industrial vegetation at some stage in garage and
transportation.
By Crop Type, the marketplace
serves cereals and grains, oilseeds and pulses, end result and veggies,
industrial vegetation, and turf & ornamentals. Cereals and grains represent
the most important section because of excessive international intake and
vulnerability to fungal illnesses along with rusts and blights. Fruits and
veggies also are significant, as those excessive-cost vegetation require
cautious safety to keep yield and quality. Oilseeds, pulses, industrial
vegetation (cotton, sugarcane), and turf/ornamentals provide area of interest
possibilities for centered fungicide software.
Global Fungicides Market
Regional Analysis
The Global Fungicides Market
exhibits first-rate local versions pushed with the aid of using agricultural
practices, crop patterns, and regulatory frameworks. North America leads the
market, supported with the aid of using superior agricultural technologies,
high-value crop cultivation, and stringent regulatory requirements that inspire
using powerful and secure fungicides. Europe follows closely, with sizeable
adoption of biofungicides and sustainable crop safety solutions, pushed with
the aid of using strict environmental rules and the EU's push for included pest
management. Asia-Pacific is the fastest-developing region, fueled with the aid
of using increasing arable land, growing meals demand, and speedy adoption of
contemporary-day farming strategies in nations together with China, India, and
Japan. Latin America is witnessing consistent increase because of large-scale
cultivation of industrial vegetation and fruits, even as Middle East &
Africa suggests rising possibilities with growing focus of crop safety and
authorities assist for agriculture. Overall, local increase is stimulated with
the aid of using climatic conditions, crop types, technological adoption, and
regulatory compliance.
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
Recent Developments
In June 2025, FMC
and Corteva expanded their collaboration to enhance the availability of
fluindapyr-based fungicide products for U.S. corn and soybean growers. FMC will
continue offering Adastrio fungicide, while Corteva plans to launch its own
fluindapyr-based product in 2026, pending EPA approval.
In January 2025, Sumitomo
Chemical acquired all shares of Philagro Holding, S.A., its France-based
subsidiary engaged in crop protection product sales. This acquisition enhances
Sumitomo Chemical's presence in the European market.
Research Methodology
At Foreclaro Global Research, our
research methodology is firmly rooted in a comprehensive and systematic
approach to market research. We leverage a blend of reliable public and
proprietary data sources, including industry reports, government publications,
company filings, trade journals, investor presentations, and credible online
databases. Our analysts critically evaluate and triangulate information to
ensure accuracy, consistency, and depth of insights. We follow a top-down and
bottom-up data modelling framework to estimate market sizes and forecasts,
supplemented by competitive benchmarking and trend analysis. Each research
output is tailored to client needs, backed by transparent data validation
practices, and continuously refined to reflect dynamic market conditions.
The market was valued at USD 17,254.1 million in 2024.