Fungicides Market Size, Share, Growth Analysis, Report 2031

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The fungicides market research report highlights market research and industry analysis driven by in-depth business relevant news.

Precision Business Insights has published a report on the global fungicides market, estimating its value at USD 18.9 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 5.24% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/fungicides-market

The fungicides market focuses on chemical and biological agents used to prevent and control fungal infections in crops, ensuring higher agricultural yields and food security. Fungicides work by inhibiting fungal growth, preventing spore germination, or disrupting fungal cell structures to protect plants from diseases such as powdery mildew, rust, and blight

Drivers:

  • Increasing Crop Disease Infestation – Climate change and evolving fungal strains are leading to higher incidences of crop diseases, boosting the need for fungicides
  • Rising Global Food Demand – With a growing population, farmers are adopting fungicides to enhance crop yields and ensure food security

The global fungicides market segmentation:

  1. By Product Type: Dithiocarbamates, Chloronitriles, Triazoles, Benzimidazoles, Phenylamides, Strobilurins
  2. By Crop Type: Oilseeds and pulses, Cereals and grains, Forage crops and pastures, Others
  3. By Formulation Type: Water-dispersible granules, Liquid, Wettable granules
  4. By Application: Soil treatment, Seed treatment, Foliar spray, Post-harvest

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Regional Overview:
The report also examines the current concerns and their Future Effects on the fungicides market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the fungicides market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

  • North America (U.S., Canada)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
  • Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
  • Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The competitive landscape is dominated by major players like BASF SE (Germany), Monsanto Company (U.S.), Bayer CropScience AG (Germany), Nufarm Ltd. (Australia), Syngenta AG (Switzerland), E.I. DuPont De Nemours & Company (U.S.), Sumitomo Corporation (Japan), FMC Corporation (U.S.), Mitsui & Co., Ltd. (Japan), Nippon Soda Co. Ltd. (Japan), ADAMA Agricultural Solution Ltd. (Israel).

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