According to the report, the Fungicide market is predicted to achieve USD 20,800 million by 2026. This report examines the status quo and projections of the global Fungicide market and analyzes the Fungicide market by manufacturer, type, application, and region. This report focuses on top manufacturers in North America, Europe, Japan, China, India, Southeast Asia, and other regions (Central and South America, Middle East and Africa).
Market Summary
Overview:
Fungicides are biocidal chemical compounds or biological organisms used to kill parasitic fungi or their spores. A fungistatic inhibits their growth. Fungi can cause serious damage in agriculture, resulting in critical losses of yield, quality, and profit.
The Fungicide market report covers the leading players in the market and analyzes their key strategies. Leading players in this market include Scotts, Syngenta AG, Bayer AG, DuPont, Andersons, BASF SE, Monsanto, Sumitomo Chemical, FMC, SC Johnson, Bonide Products, Efekto, Espoma Company, Organic Laboratories, etc.
The prominent market players maintain the competitive edge in the global market by making investments in the mergers and acquisitions and by increasing their product portfolio.
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Value:
It is estimated that the total market value of the Fungicide global market is poised to reach USD 20,800 million in 2026 from USD 14,941 million in 2019, with a CAGR of 4.84%.
Facilitating and Limiting Factors:
According to the report, one of the key drivers is a rise in need for food security for the growing population. Moreover, the increase in crop loss owing to fungal diseases and government support are projected to propel the growth of the market. In addition, growing awareness regarding the benefits of fungicides among farmers across the globe is anticipated to provide some opportunities for the growth of the market. However, stringent regulations for food safety and quality and increasing awareness regarding the side-effects of crop protection chemicals will restrain the growth of the market.
The global Fungicide market is broadly divided based on type, application, and region:
By type - Inorganic Fungicide, Organic Fungicide
By application - Agriculture, Household, Garden & Lawn, Urban Health, Animals, Others
By region - North America, Asia-Pacific, Europe, Latin America, Middle East, and Africa, Others
Asia-Pacific accounts for the largest market share of 32.02%, followed by North America and Europe, accounting for 30.55% and 29.19% respectively. Asia-Pacific is expected to show high growth in the near future, owing to the large area under agriculture cultivation and the rising demand for fungicides from countries such as China and India coupled with high economic growth in this region. In Europe, an increase in the need for food security, high investment in R&D and change in farming practices are anticipated to fuel the growth of the market in this region.
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Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Fungicide Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Fungicide Market by Types
4 Segmentation of Fungicide Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Fungicide Market in Major Countries
7 North America Fungicide Landscape Analysis
8 Europe Fungicide Landscape Analysis
9 Asia Pacific Fungicide Landscape Analysis
10 Latin America, Middle East & Africa Fungicide Landscape Analysis
11 Major Players Profile
11.1 Scotts
11.1.1 Scotts Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Syngenta AG
11.3 Bayer AG
11.4 DuPont
11.5 Andersons
11.6 BASF SE
11.7 Monsanto
11.8 Sumitomo Chemical
11.9 FMC
11.10 SC Johnson
11.11 Bonide Products
11.12 Efekto
11.13 Espoma Company
11.14 Organic Laboratories
…
Audience:
l Fungicide manufacturers
l Fungicide importers and exporters
l Fungicide traders, distributors, and suppliers
l Raw material suppliers of Fungicide
l Fungicide industry associations
l Product managers, Fungicide industry administrator, C-level executives of the industries
l Market Research and consulting firms
l Small and Medium-sized Enterprises (SMEs)
What Information does this report contain?
l The report covers the prediction and analysis of the global Fungicide market at the global and regional levels.
l The report includes drivers and constraints that affect market growth.
l Discussed details about market opportunities
l The assessments for the regional market layout characteristics in the world.
l The report includes detailed company profiles for prominent market participants.
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