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Fungicides Market Report 2024 - By Type (Synthetic Fungicides, Bio-Fungicides), By Active Ingredient (Dithiocarbamates, Benzimidazoles, Chloronitriles, Triazoles, Phenylamides, Strobilurins, Other Active Ingredients), By Treatment (Seed Treatment, Soil Tr

Fungicides

Fungicides

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Fungicides Global Market Report 2023 identifies farming techniques as the major driver for the Fungicides market's growth in the forecast period. Intensive farming is an agricultural intensification and mechanization system that aims to maximize yields from available land through means such as heavy use of pesticides and chemical fertilizers. These techniques help to meet the rising demand for food from the growing population and prevent food shortages.

The fungicides market size has grown strongly in recent years. It will grow from $22.83 billion in 2023 to $24.57 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to crop protection, crop expansion, climate conditions, pesticide resistance management.

The fungicides market size is expected to see strong growth in the next few years. It will grow to $33.27 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%.

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Major competitors in the Fungicides market are American Vanguard Corporation, BASF SE, Bayer AG, Bioworks Inc., Dow AgroSciences LLC, DuPont de Nemours Inc.

A key trend in the Fungicides market includes product innavation. Major companies operating in the fungicides market are focusing on developing innovative products, such as the new generation of Potato Fungicide, to improve their position in their business. Potato fungicides are chemical substances or formulations specifically designed to control and prevent the growth of fungi that can affect potato plants. For instance, in May 2022, Corteva Inc., a US-based chemical company, launched the Zorvec Encantia Novel Generation of Fungicide for Potatoes. This new generation of potato fungicides has a unique mode of action, consistency, and control, protection of new plant growth, high effectiveness, low toxicity, and a positive environmental profile. It safeguards treated leaves as they develop and enlarge, even if they are only 20% of their full size when the treatment is applied to the leaves.

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The Fungicides market is segmented -
• By Type: Synthetic Fungicides, Bio-fungicides
• By Active Ingredient: Dithiocarbamates, Benzimidazoles, Chloronitriles, Triazoles, Phenylamides, Strobilurins, Other Active Ingredient.
• By Treatment: Seed Treatment, Soil Treatment, Foliar Spray, Chemigation, Post-Harvest
• By Application: Cereals And Grains, Oilseeds And Pulses, Fruits And Vegetables, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Fungicides market.

The Business Research Company's "Global Fungicides Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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id=2667The

Table Of Content For The Fungicides Market Include:

1. Fungicides Market Executive Summary
2. Fungicides Market Segments
3. Fungicides Market Size And Fungicides Market Growth Rate
4. Key Fungicides Market Trends
5. Major Fungicides Market Drivers
……
25. Key Mergers And Acquisitions In The Fungicides Market
26. Top Fungicides Companies
27. Fungicides Market Opportunities And Strategies
28. Fungicides Market, Conclusions And Recommendations
29. Appendix

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