Global Fungicides Market Growth | Trends, Demand & Forecast 2024-2031 | Top key players - Bayer Crop Science AG, DuPont, FMC Corporation.

The Global Fungicides Market reached USD 20.4 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 33.7 billion by 2031. The market is growing at a CAGR of 6.5 % during the forecast period 2024-2031.

Fungicides Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The Fungicides Market focuses on chemical and biological solutions that protect crops from fungal infections, ensuring higher yields and food security. Used in agriculture, horticulture, and turf management, fungicides help prevent diseases like rust, blight, and mildew. Driven by rising food demand, climate change challenges, and advancements in bio-based solutions, this market is essential for sustainable crop protection.

List of the Key Players in the Fungicides Market:

BASF SE, ADAMA Agricultural Solutions Ltd., Bayer CropScience AG, DuPont, FMC Corporation, Monsanto Company, Nufarm Limited, Sumitomo Chemical Co., Ltd, Syngenta AG and The DOW Chemical Company.

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Industry Development:

On December 28, 2022, BASF introduced its newest fungicide, Revysion (mefentrifluconazole), after 11 years of research and a €250 million investment. The launch event highlighted key findings and benefits of the product.

On March 30, 2023, Corteva Agriscience unveiled Adavelt Active, a fungicide featuring a new mode of action designed to enhance disease control for farmers.

Growth Forecast Projected:

The Global Fungicides Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Fungicides Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Fungicides Market:

By Origin: Bio-Fungicides, Synthetic Fungicides.

By Mode of Application: Foliar Spray, Post-Harvest, Seed Treatment, Soil Treatment.

By Form: Liquid, Water Dispersable Granule, Wettable Powder.

By Product: Benzimidazoles, Chloronitriles, Dithiocarbamates, Phenylamides, Strobilurins, Triazoles, Others.

By Crop Type: Fruits & Vegetables, Oil Crops & Pulses, Grains & Cereals, Others.

Regional Analysis for Fungicides Market:

The regional analysis of the Fungicides Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Fungicides market?

➠ Who are the leading manufacturers in the global Fungicides industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Fungicides industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Fungicides market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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