Fungicides Market size was estimated at USD 16.5 Billion in 2024 and is projected to reach USD 27.2 Billion by 2031, growing at a CAGR of 6.44% from 2024 to 2031.
The key market dynamics that are shaping the fungicides market include:
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Here is a more detailed regional analysis of the fungicides market:
The Global Fungicides Market is Segmented Based on Type, Application, Crop Type, and Geography.
Based on Type, the market is segmented into Contact, Systemic, Translaminar, Penetrant, and Vapor Action. The highest market share is held by systemic fungicides. They are widely utilized due to their ability to be absorbed and circulated within the plant, providing comprehensive protection against various diseases. Systemic fungicides are favored for their efficacy in controlling both surface and internal infections, contributing significantly to their dominant market position.
Based on Application, the market is bifurcated into Foliar Spray, Soil Treatment, Seed Treatment, and Post-Harvest Treatment. Foliar spray dominates in the fungicides market. This widespread adoption can be attributed to its effectiveness in directly targeting fungal diseases on leaves, offering a convenient application method, and ensuring rapid absorption by plants.
Based on Crop Type, the market is classified into Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses, Turfs & Ornamentals. The highest market share is attributed to cereals & grains. This dominance can be explained by the vast cultivated area dedicated to cereals and grains globally, making them a significant target for fungal diseases.
Based on Geography, the Fungicides Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The largest market share is held by the Asia Pacific region. This dominance is attributed to factors like a growing population and the rising demand for food security, leading to an increased reliance on fungicides for crop protection.
The “Fungicides Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as FMC Corporation, Nippon Soda Co., Sumitomo Chemical Co. Ltd., BASF SE, Corteva Inc., UPL Ltd., Nissan Chemical Corporation.
Our market analysis includes a section specifically devoted to such major players, where our analysts give an overview of each player’s financial statements, product benchmarking, and SWOT analysis. The competitive landscape section also includes key development strategies, market share analysis, and market positioning analysis of the players above globally.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2021-2031 |
| Base Year | 2024 |
| Forecast Period | 2024-2031 |
| Historical Period | 2021-2023 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | FMC Corporation, Nippon Soda Co., Sumitomo Chemical Co. Ltd., BASF SE, Corteva Inc., UPL Ltd., Nissan Chemical Corporation. |
| Segments Covered | Type, Application, Crop Type, and Geography. |
| Customization Scope | Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope. |
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
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1 INTRODUCTION OF GLOBAL FUNGICIDES MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL FUNGICIDES MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 GLOBAL FUNGICIDES MARKET, BY TYPE
5.1 Overview
5.2 Biological
5.3 Chemical
6 GLOBAL FUNGICIDES MARKET, BY FORM
6.1 Overview
6.2 Liquid
6.3 Dry
7 GLOBAL FUNGICIDES MARKET, BY APPLICATION
7.1 Overview
7.2 Soil Treatment
7.3 Seed Treatment
7.4 Foliar Spray
7.5 Post-Harvest
8 GLOBAL FUNGICIDES MARKET, BY GEOGRAPHY
8.1 Overview
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Latin America
8.5.1 Brazil
8.5.2 Argentina
8.6 Rest of the World
8.6.1 Middle East & Africa
9 GLOBAL FUNGICIDES MARKET COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Ranking
9.3 Key Development Strategies
10 COMPANY PROFILES
10.1 FMC Corporation
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments
10.2 Nippon Soda Co., Ltd.
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments
10.3 BASF SE
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments
10.4 Sumitomo Chemical Co., Ltd.
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments
10.5 Corteva Inc.
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments
10.6 UPL Ltd.
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments
10.7 Nissan Chemical Corporation
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments
11 KEY DEVELOPMENTS
11.1 Product Launches/Developments
11.2 Mergers and Acquisitions
11.3 Business Expansions
11.4 Partnerships and Collaborations
12 Appendix
12.1 Related Research
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