Fungicides Market Analysis by Type, Crop Type, Mode of Action, Mode of Application, Form and Region
The Fungicides Market is estimated to be valued at USD 18.7 billion in 2019 and is projected to reach a value of USD 24.5 billion by 2025, growing at a CAGR of 4.6% during the forecast period. Factors such as the increase in demand for food security by the growing population and advancements in farming practices & techniques are projected to drive the growth of the fungicides market. Download PDF Brochure By crop type, the cereals & grains segment is projected to be the fastest-growing segment in the fungicides market during the forecast period. The growth in population and the consequent rise in demand for food materials have led to an increase in the need for crop protection chemicals, thereby increasing the demand for innovative fungicides solutions across regions. However, the demand for fungicides in various regions is projected to remain high due to the increasing number of crop types grown in abundance. For instance, the US is a leading producer...