Fungicides Market size worth US$25.914 billion in 2027

Knowledge Sourcing Intelligence announces the publication of a new analysis report on the market of “Fungicides Market- which is forecasted from 2020 to 2027”.

The fungicides market is expected to develop due to farmers' greater preference for pesticides for disease prevention and the world's growing need for food.

As per the report, the market about Fungicides Market is expected to grow at a steady pace.               

Fungicides are pesticides that are used to protect plants from fungus and their spores. They inhibit the growth of fungus in plants while also protecting them against other sorts of illnesses. Plant disease prevention entails a variety of operations that are referred to combined as integrated pest control. Fungicides can be used for a variety of goals, including increasing agricultural yield, controlling diseases that might degrade crop quality, and extending the shelf life of harvested items.

Based on type, the market for fungicides is segmented into biological and synthetic. During the projection period, the increased emphasis on environmental protection will support the expansion of biological fungicides. Furthermore, the introduction of novel biological fungicides by numerous market participants demonstrates the segment's potential for growth.

Based on crop type, the market for fungicides is segmented into oilseeds and pulses, fruits and vegetables, cereals and grains, and others. Fruits and vegetables are predicted to rise due to the rising consumption of fruits and vegetables throughout the world because of growing concerns about the health advantages of eating fruits and vegetables.

Based on form, the market for fungicides is segmented into dry and liquid. A dry fungicide is a powdered form that is known to be more effective.

Based on geography segmentation, the market for fungicides is segmented into North America, South America, the Middle East, Europe, Africa, and the Asia Pacific region. North America will dominate the regional market since key producers of fruits and vegetables include Canada, the United States, and Mexico. Furthermore, Asia Pacific is expected to have the greatest regional market development due to the region's rising need to increase agricultural output to eradicate food insecurity.

As a part of the report, the major players operating in the Fungicides market that have been covered are Corteva Inc., BASF SE, FMC Corporation, Bayer AG, Sumitomo Chemical Co., Ltd., Nufarm Ltd., Syngenta AG, Isagro S.p.A, DhanukaAgritech, UPL Limited, Nippon Soda Co Ltd., Nissan Chemical Corporation, Lanxess AG, Ishihara Sangyo Kaisha Ltd and, AMVAC Chemical Corporation.

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This analytics report segments the fungicides market on the following basis:

  • By Type
    • Synthetic
    • Biological
  • By Crop Type
    • Cereals & Grains
    • Fruits & Vegetables
    • Oilseeds & Pulses
    • Other
  • By Form
    • Dry
    • Liquid
  • By Geography
    • North America
      • The USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • The UK
      • Others
    • The Middle East and Africa
      • UAE
      • Saudi Arabia
      • Others
    • The Asia Pacific
      • Japan
      • China
      • India
      • South Korea
      • Others