Global Fungicides Market Size Study, by Type (Chemical, Biological), by Mode of Action (Contact, Systemic), by Formulation (Liquid, Dry), by Mode of Application (Foliar Spray, Seed Treatment, Soil Treatment), by Crop Type, and Regional Forecasts 2024-2034

The Global Fungicides Market, valued at approximately USD 23.6 billion in 2024, is projected to witness substantial growth, reaching a market size of USD 44.8 billion by 2032 with a compound annual growth rate (CAGR) of 6.60% during the forecast period from 2024 to 2034. Fungicides, essential components in modern agriculture, play a pivotal role in protecting crops from fungal diseases, ensuring enhanced productivity and food security. These solutions, available in chemical and biological formulations, cater to diverse farming needs across different crop types and application modes.

The market is experiencing accelerated growth driven by the escalating demand for high-yield crops amidst the global population surge and decreasing arable land. Moreover, the advancements in systemic fungicides, which provide internal protection to plants, are gaining traction among large-scale agricultural operations. The integration of biological fungicides, aligning with the rising emphasis on sustainable farming practices, further propels market dynamics. Additionally, technological advancements in fungicide delivery systems, such as foliar sprays and seed treatments, are improving efficiency and reducing wastage.

Challenges persist, including the environmental concerns associated with chemical fungicides and the high costs of developing advanced biological alternatives. However, these issues are gradually being mitigated through innovations focused on eco-friendly formulations and targeted application technologies. Supportive government policies promoting sustainable agricultural practices and increasing farmer awareness about crop protection solutions are also fostering market expansion. Emerging economies present significant opportunities, with their rapid adoption of modern farming practices to meet rising food demand.

Regional dynamics highlight North America as a key player, benefiting from well-established agricultural infrastructure and early adoption of innovative fungicide solutions. Europe follows closely, driven by stringent environmental regulations and a strong inclination toward biological crop protection methods. The Asia-Pacific region is expected to exhibit the fastest growth, attributed to increasing agricultural activities, rising awareness about crop protection, and government initiatives supporting sustainable farming practices in countries such as India, China, and Indonesia.

Major market players included in this report are:

  • BASF SE
  • Bayer AG
  • Syngenta AG
  • FMC Corporation
  • Corteva Agriscience
  • ADAMA Agricultural Solutions Ltd.
  • UPL Limited
  • Nippon Soda Co., Ltd.
  • Sumitomo Chemical Co., Ltd.
  • Isagro S.p.A
  • Marrone Bio Innovations, Inc.
  • Certis USA L.L.C.
  • American Vanguard Corporation
  • BioWorks, Inc.
  • Koppert Biological Systems
The detailed segments and sub-segment of the market are explained below:

By Type:
  • Chemical
  • Biological
By Mode of Action:
  • Contact
  • Systemic
By Formulation:
  • Liquid
  • Dry
By Mode of Application:
  • Foliar Spray
  • Seed Treatment
  • Soil Treatment
By Crop Type:
  • Cereals & Grains
  • Fruits & Vegetables
  • Oilseeds & Pulses
  • Others
By Region:

North America:
  • U.S.
  • Canada
Europe:
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • Rest of Europe
Asia Pacific:
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Rest of Asia Pacific
Latin America:
  • Brazil
  • Mexico
Middle East & Africa:
  • Saudi Arabia
  • South Africa
  • Rest of Middle East & Africa
Years considered for the study are as follows:
  • Historical Year: 2022
  • Base Year: 2024
  • Forecast Period: 2024 to 2034
Key Takeaways:
  • Market Estimates & Forecast for 10 years from 2022 to 2032.
  • Annualized revenues and regional-level analysis for each market segment.
  • Detailed analysis of geographical landscape with country-level analysis of major regions.
  • Competitive landscape with information on major players in the market.
  • Analysis of key business strategies and recommendations on future market approaches.
  • Analysis of competitive structure of the market.
  • Demand-side and supply-side analysis of the market.


Chapter 1. Global Fungicides Market Executive Summary 1.1. Global Fungicides Market Size & Forecast (2024-2034)
1.2. Regional Summary
1.3. Segmental Summary
1.3.1. By Type
1.3.2. By Mode of Action
1.3.3. By Formulation
1.3.4. By Mode of Application
1.3.5. By Crop Type
1.4. Key Trends
1.5. Recession Impact
1.6. Investment Analysis
1.7. Investment Rationale
1.8. Analyst Recommendation & Conclusion
Chapter 2. Global Fungicides Market Definition and Research Assumptions 2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
2.3.1. Inclusion & Exclusion
2.3.2. Limitations
2.3.3. Supply Side Analysis
2.3.3.1. Availability
2.3.3.2. Infrastructure
2.3.3.3. Regulatory Environment
2.3.3.4. Market Competition
2.3.3.5. Economic Viability (Consumer’s Perspective)
2.3.4. Demand Side Analysis
2.3.4.1. Regulatory Frameworks
2.3.4.2. Technological Advancements
2.3.4.3. Environmental Considerations
2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates
Chapter 3. Global Fungicides Market Dynamics 3.1. Market Drivers
3.1.1. Escalating Demand for High-Yield Crops
3.1.2. Advancements in Systemic and Biological Fungicides
3.1.3. Technological Innovations in Fungicide Delivery Systems
3.2. Market Challenges
3.2.1. Environmental Concerns Associated with Chemical Fungicides
3.2.2. High Development Costs of Biological Alternatives
3.3. Market Opportunities
3.3.1. Innovations in Eco-Friendly Formulations
3.3.2. Targeted Application Technologies
3.3.3. Rapid Adoption in Emerging Economies
Chapter 4. Global Fungicides Market Industry Analysis 4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Fungicides Market Size & Forecasts by Type 2024-2034 5.1. Segment Dashboard
5.2. Global Fungicides Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
5.2.1. Chemical
5.2.2. Biological
Chapter 6. Global Fungicides Market Size & Forecasts by Mode of Action 2024-2034 6.1. Segment Dashboard
6.2. Global Fungicides Market: Mode of Action Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
6.2.1. Contact
6.2.2. Systemic
Chapter 7. Global Fungicides Market Size & Forecasts by Formulation 2024-2034 7.1. Segment Dashboard
7.2. Global Fungicides Market: Formulation Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
7.2.1. Liquid
7.2.2. Dry
Chapter 8. Global Fungicides Market Size & Forecasts by Mode of Application 2024-2034 8.1. Segment Dashboard
8.2. Global Fungicides Market: Mode of Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
8.2.1. Foliar Spray
8.2.2. Seed Treatment
8.2.3. Soil Treatment
Chapter 9. Global Fungicides Market Size & Forecasts by Crop Type 2024-2034 9.1. Segment Dashboard
9.2. Global Fungicides Market: Crop Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
9.2.1. Cereals & Grains
9.2.2. Fruits & Vegetables
9.2.3. Oilseeds & Pulses
9.2.4. Others
Chapter 10. Global Fungicides Market Size & Forecasts by Region 2024-2034 10.1. North America Fungicides Market
10.1.1. U.S. Fungicides Market
10.1.1.1. Type Breakdown Size & Forecasts, 2024-2034
10.1.1.2. Mode of Action Breakdown Size & Forecasts, 2024-2034
10.1.1.3. Formulation Breakdown Size & Forecasts, 2024-2034
10.1.1.4. Mode of Application Breakdown Size & Forecasts, 2024-2034
10.1.1.5. Crop Type Breakdown Size & Forecasts, 2024-2034
10.1.2. Canada Fungicides Market
10.2. Europe Fungicides Market
10.2.1. UK Fungicides Market
10.2.2. Germany Fungicides Market
10.2.3. France Fungicides Market
10.2.4. Spain Fungicides Market
10.2.5. Italy Fungicides Market
10.2.6. Rest of Europe Fungicides Market
10.3. Asia-Pacific Fungicides Market
10.3.1. China Fungicides Market
10.3.2. India Fungicides Market
10.3.3. Japan Fungicides Market
10.3.4. Australia Fungicides Market
10.3.5. South Korea Fungicides Market
10.3.6. Rest of Asia Pacific Fungicides Market
10.4. Latin America Fungicides Market
10.4.1. Brazil Fungicides Market
10.4.2. Mexico Fungicides Market
10.4.3. Rest of Latin America Fungicides Market
10.5. Middle East & Africa Fungicides Market
10.5.1. Saudi Arabia Fungicides Market
10.5.2. South Africa Fungicides Market
10.5.3. Rest of Middle East & Africa Fungicides Market
Chapter 11. Competitive Intelligence 11.1. Key Company SWOT Analysis
11.1.1. BASF SE
11.1.2. Bayer AG
11.1.3. Syngenta AG
11.2. Top Market Strategies
11.3. Company Profiles
11.3.1. BASF SE
11.3.1.1. Key Information
11.3.1.2. Overview
11.3.1.3. Financial (Subject to Data Availability)
11.3.1.4. Product Summary
11.3.1.5. Market Strategies
11.3.2. Bayer AG
11.3.3. Syngenta AG
11.3.4. FMC Corporation
11.3.5. Corteva Agriscience
11.3.6. ADAMA Agricultural Solutions Ltd.
11.3.7. UPL Limited
11.3.8. Nippon Soda Co., Ltd.
11.3.9. Sumitomo Chemical Co., Ltd.
11.3.10. Isagro S.p.A
11.3.11. Marrone Bio Innovations, Inc.
11.3.12. Certis USA L.L.C.
11.3.13. American Vanguard Corporation
11.3.14. BioWorks, Inc.
11.3.15. Koppert Biological Systems
Chapter 12. Research Process 12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes

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