Food & Agriculture Trends

The  Fungicides Market  is estimated at USD 23.9 billion in 2024 and is projected to reach USD 32.3 billion by 2029, at a CAGR of 6.2% during the forecast period. The fungicides market is showing rapid growth due to increasing demand from developing countries, easy availability of crop protection products, an increase in area under high-value cash crops, growing demand for food, and an increase in global population. Download PDF Brochure The North America region holds a significant market share in the fungicides market The fungicides market holds a significant share in North America because of the well-built infrastructure for agriculture and large adoption of modern technologies related to crop protection in this region. In this region, farming practices are extensive and varied, with the need for effective fungicide solutions against a wide range of fungal diseases and high yields. The Rio Grande Valley (citrus fruits) in Texas and Mexico, California's Central Valley (fruits...

The Fungicide Market is valued at USD 20.8 billion in 2022. It is projected to reach USD 28.0 billion by 2027, recording a CAGR of 6.1% during the forecast period. Climate change poses a serious threat to sustainable agriculture, due to its relationship with biotic and abiotic pressures. Drought, flood, heat, and salinity stress are major abiotic risks connected with climate change. Fungicides of the triazole and strobilurin families not only treat fungal diseases but also promote plant development and production under abiotic conditions by influencing physiological and biochemical processes. Fungicides are one method of preventing and controlling fungal diseases in plants. Fungi are one of the leading reasons for crop loss across the globe. Fungicides, in general, find usage for disease control during the planting and growth of a crop, increased productivity, and reducing blemishes. The availability of fungicide products, growing awareness, increase in fungi attacks, and rising pest...

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...

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.  The global fungicides market is projected to witness significant growth due to factors such as the increase in demand for food security by the growing population, advancement in farming practices & techniques, and changing climatic conditions that favors disease occurrence. Fungicides are highly used for destroying harmful fungi affecting the crop yield. Thus, the need for fungicides to minimize crop loss is increasing across the world. Download PDF Brochure Biological fungicides or biofungicides comprise beneficial microorganisms that are used to control fungal diseases. Many of these beneficial microorganisms are naturally found in the soil. Biofungicides are mostly used before the occurrence of disease. Their efficiency increases if used in combination with good agricultur...

The  fungicides market  is estimated to account for a value of USD 18.7 billion in 2019 and is projected to grow at a CAGR of 4.6% from 2019, to reach a value of USD 24.5 billion by 2025. The global fungicides market is projected to witness significant growth due to factors such as the increase in demand for food security by the growing population, advancement in farming practices & techniques, and changing climatic conditions that favors disease occurrence. Fungicides are highly used for destroying harmful fungi affecting the crop yield. Thus, the need for fungicides to minimize crop loss is increasing across the world. Download PDF Brochure The liquid segment is projected to be the largest segment in the fungicides market during the forecast period. Liquid forms can be water-based, oil-based, polymer-based, or their combinations. Water-soluble liquids (SL) are liquid formulations based on technical materials, which are insoluble in water and contain 36%–85% technical mat...

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 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 of cereals and grains, while Europe is known for its wide-scale production of fruits and vegetables. The cereals & grains segment accounte...