Press release
Fungicides Market Size, Share, Analysis, Trends and Strategies 2025-2032 | Bayer AG (Leverkusen, Germany), Syngenta AG (Basel, Switzerland), UPL Ltd. (Mumbai, India)
Fungicides Market
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➤ List of Key Players Covered in the Fungicides Market Report
• Bayer AG (Leverkusen, Germany)
• BASF SE (Ludwigshafen, Germany)
• Syngenta AG (Basel, Switzerland)
• Corteva, Inc. (Delaware, U.S.)
• FMC Corporation (Pennsylvania, U.S.)
• Sumitomo Chemicals (Tokyo, Japan)
• UPL Ltd. (Mumbai, India)
• Nufarm (Melbourne, Australia)
• ADAMA Agricultural Solutions Ltd. (Ashdod City, Israel)
• Isagro SpA (Milan, Italy)
➤ Report Coverage
♦︎ This report includes key insights obtained from comprehensive research by our analysts. Detailed analysis was undertaken to determine the projected market size. Data used to estimate the share of various segments across global, regional, and country levels was collected through extensive interviews with numerous industry stakeholders. In addition, access to multiple global and regional paid databases allowed us to provide accurate data to support strategic investment decisions.
➤ Segmentation
♦︎ By type, the market is categorized into chemical and biological. The chemical segment is expected to dominate due to its widespread use in developing countries.
♦︎ Based on crop type, the global market is divided into cereals, oilseeds & pulses, fruits & vegetables, and others.
♦︎ For application methods, the market is segmented into foliar treatment, chemigation, seed treatments, and others.
♦︎ Regionally, the market is classified into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
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➤ Drivers & Restraints
♦︎ Increasing Disease Incidences to Boost Product Demand
Climate change remains a significant concern for agriculture globally. Shifts in weather patterns can severely affect crop yields, making them more vulnerable to diseases and pests. This susceptibility undermines crop health and leads to irregular farming practices. As a result, the demand for fungicides is expected to rise during the forecast timeframe.
➤ Regional Analysis
♦︎ Asia Pacific to Dominate Due to Agricultural Expansion
Asia Pacific currently holds the largest market share in the fungicides sector and is forecasted to retain its lead through the projected period. Key growth drivers include a booming agriculture industry, increasing rice production, and greater losses due to post-harvest diseases.
The U.S. represents the leading market in North America, driven by the introduction of new fungicide products and the need to address increasing resistance to active ingredients.
In Europe, demand is likely to be fueled by climate variability, which has led to the emergence of various plant diseases.
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➤ Competitive Landscape
♦︎ Major Companies Focus on Innovation and Acquisitions to Enhance Market Position
Leading players in the fungicides industry are employing various strategies to strengthen their market presence. Acquisitions are a common tactic to increase brand recognition. In addition, companies frequently launch new, research-based products tailored to meet market and consumer needs.
The market includes numerous firms actively engaged in R&D activities to develop advanced fungicide products. Some companies are also pursuing strategic collaborations and acquisitions to improve their competitive edge.
➤ Industry Development
♦︎ February 2020: BASF launched its new fungicide product, Revysol, in Ireland. The product is applicable for both wheat and barley, offering strong protection against evolving diseases.
➤ Read Related News:
♦︎ Rodenticides Market: https://www.fortunebusinessinsights.com/rodenticides-market-102826
♦︎ Pest Control Market: https://www.fortunebusinessinsights.com/pest-control-market-102854
♦︎ Crop Protection Chemicals Market: https://www.fortunebusinessinsights.com/industry-reports/crop-protection-chemicals-market-100080
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➤ About Us:
Fortune Business InsightsTM offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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