Fungicides Market Size, Share, Opportunities, And Trends By Type (Synthetic, Biological), By Crop Type (Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses, Other), By Form (Dry, Liquid), And By Geography - Forecasts From 2025 To 2030

  • Published : Jan 2025
  • Report Code : KSI061613850
  • Pages : 150
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The fungicides market is evaluated at US$25.337 billion in 2025, growing at a CAGR of 4.32%, reaching a market size of US$31.302 billion by 2030. 

Fungicides are pesticides that have the primary function of protecting plants from fungi and their spores. Fungicides prevent the growth of fungi in plants and protect the plants from other types of diseases. The prevention of diseases from plants comprises many activities, which are collectively known as integrated pest management. The fungicide market is projected to grow moderately over the next five years.

The market growth is primarily driven by the fact that diseases are the most common occurrence in plants, which further impacts the quantity and quality of the yield.

Thus, farmers are inclined towards adopting fungicides as a part of pest management, as managing diseases is considered one of the most integral parts of crop production. Fungicides can be used for several purposes, such as increasing crop productivity, controlling diseases as they may deteriorate the quality, and improving the shelf life of harvested products.

Several control practices are used to manage plant diseases, including crop rotation, disease-tolerant crop cultivators, sanitation, and fungicides. Fungicides in these control practices are often considered one of the vital methods for disease protection as they prevent numerous diseases and are considered more effective than other cultural practices. These can target specific enzymes, a major factor amplifying its adoption globally. The growing global population is driving an increase in food demand, which, in turn, is boosting agricultural activities. This heightened demand for agriculture is leading to a rise in the need for crop protection chemicals, as there is a strong emphasis on achieving higher yields and reducing crop losses.

The growing cases of crop diseases worldwide are also fuelling the demand for fungicides. The growing global population and the steady reduction in arable land are driving the agrochemical market. Simultaneously, the relative improvement in farm income over the years and favorable agriculture policies are further supplementing the market's growth. Multiple players are also driving this market by implementing different strategies to gain a competitive edge over other players and capture a greater market share. Players are investing heavily in facility expansions, R&D, partnerships, and agreements. Thus, all these factors collectively contribute to positive market growth throughout the next five years.

What are the Fungicide Market drivers?

  • Growing food demand

The market for fungicides is projected to grow due to global food demand. As the population increases, the demand for food increases simultaneously. As per the United Nations, the global population is projected to reach 9.7 billion by 2050. According to the Asian Development Bank (ADB), two-thirds of the world’s one billion people reside in the APAC region. Moreover, rapid industrialization and expanding urbanization in emerging economies such as China, India, and South Korea led to the deterioration of arable land in the region. Farmers need to increase the crop yield given the limited cultivable land area. All these factors are encouraging farmers to increase their dependency on crop protection chemicals, which in turn is driving the demand for fungicides in the next five years.

Segment analysis of Fungicide Market:

  • Biological fungicides grow at a noteworthy rate

By type, synthetic fungicides are expected to hold a substantial market share throughout the next five years. The primary factor supplementing this segment’s share is the wide applications of fungicides for different crop types globally to enhance crop productivity. Biological fungicides are projected to witness promising growth during the next five years primarily because of the rising focus on good agricultural practices in many parts of the world. The growing focus on environmental protection is further bolstering this segment’s growth during the forecast period. Additionally, several market players' launching new biological fungicides further shows its potential over the next five years.

  • Oilseeds and Pulses hold a considerable share

Pulses are considered highly nutritious as they contain high levels of dietary fiber, minerals, and vitamins. In addition, the rising consumption of pulses globally is owing to various health benefits such as proper digestion and maintaining blood cholesterol, among others. Therefore, higher consumption of these seeds and pulses in major countries such as India, China, and the United States will further lead to more cultivation, positively impacting this segment’s growth during the forecast period.

Fruits and Vegetables are expected to grow at a healthy rate for the next five years. This is attributed to the rising consumption of fruits and vegetables worldwide due to the growing concerns regarding the health benefits of the consumption of fruits and vegetables. Furthermore, the growing production of vegetables due to the continuously increasing demand worldwide is also considered one of the key factors bolstering market expansion during the next five years.

What are the key geographical trends shaping the Fungicides Market?

  • North America and APAC to witness promising growth

Geographically, it is likely that North America will be the biggest hub in the fungicides market because it's going to be the leading producer of fresh fruits and vegetables. Big nations producing these, like the United States of America, Canada, and Mexico, have significant local and global demand. Such developed agricultural infrastructure in the region and increased awareness of farmers concerning sustainable farming practices have widely influenced the adoption of fungicides. In the United States, for example, the impetus behind integrated pest management initiatives and environment-friendly farming methods has contributed to the increasing need for more innovative fungicide solutions protecting crops and matching sustainability objectives. This trend ensures steady market growth as farmers increasingly prioritize crop protection to meet quality standards and optimize yields.

The Asia-Pacific (APAC) region is expected to experience the fastest growth in the fungicide market. With a rapidly growing population and concerns over food security, countries in this region, including India, China, and Southeast Asian nations, are under pressure to increase agricultural productivity. Advanced farming technologies and fungicides are slowly but surely becoming necessary to increase the amount of crop yields and protect them against pests and diseases. Moreover, various regional government entities also initiate development programs for agriculture by providing subsidies for crops protected by using products. This increasing focus on improving food security and the growing agricultural footprint in the region will likely boost the regional demand for fungicides.

Fungicides Market Scope:

Report Metric Details
Fungicides Market Size in 2025 US$25.337 billion
Fungicides Market Size in 2030 US$31.302 billion
Growth Rate CAGR of 4.32%
Study Period 2020 to 2030
Historical Data 2020 to 2023
Base Year 2024
Forecast Period 2025 – 2030
Forecast Unit (Value) USD Billion
Segmentation
  • Type
  • Crop Type
  • Form
  • Geography
Geographical Segmentation North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in Fungicides Market
  • BASF SE
  • Bayer AG
  • Corteva Inc.
  • FMC Corporation
  • Syngenta AG
Customization Scope Free report customization with purchase

 

The Fungicide Market is analyzed into the following segments:

  • By Type
    • Synthetic
    • Biological
  • By Crop Type
    • Cereals & Grains
    • Fruits & Vegetables
    • Oilseeds & Pulses
    • Other
  • By Form
    • Dry
    • Liquid
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • UK
      • Others
    • Middle East and Africa
      • UAE
      • Saudi Arabia
      • Others
    • Asia Pacific
      • Japan
      • China
      • India
      • South Korea
      • Others

Frequently Asked Questions (FAQs)

The fungicides market is expected to reach a total market size of US$31.302 billion by 2030.

Fungicides Market is valued at US$25.337 billion in 2025.

The global fungicides market is expected to grow at a CAGR of 4.32% during the forecast period.

The fungicides market growth is driven by rising food demand due to population growth, increasing crop diseases, limited arable land, and innovations in crop protection chemicals.

The North America and APAC region is anticipated to hold a significant share of the fungicides market

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key Benefits for the Stakeholders

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Process

2.3. Data Validation

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. Analyst View

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Supplier

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. Fungicides Market By Type

5.1. Introduction

5.2. Synthetic

5.3. Biological

6. Fungicides Market By Crop Type

6.1. Introduction

6.2. Cereals & Grains

6.3. Fruits & Vegetables

6.4. Oilseeds & Pulses

6.5. Other

7. Fungicides Market By Form

7.1. Introduction

7.2. Dry

7.3. Liquid

8. Fungicides Market By Geography

8.1. Introduction

8.2. North America

8.2.1. USA

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. Germany    

8.4.2. France

8.4.3. UK

8.4.4. Others

8.5. Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Others

8.6. Asia Pacific

8.6.1. China

8.6.2. India

8.6.3. Japan

8.6.4. South Korea

8.6.5. Taiwan

8.6.6. Thailand

8.6.7. Indonesia

8.6.8. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. Company Profiles 

10.1. BASF SE

10.2. Bayer AG

10.3. Corteva Inc.

10.4. FMC Corporation

10.5. Syngenta AG

10.6. Sumitomo Chemical Co., Ltd.

10.7. DhanukaAgritech

10.8. Nippon Soda Co Ltd.

10.9. Nufarm Ltd.

10.10. Lanxess AG

10.11. Isagro S.p.A

10.12. UPL Limited

10.13. AMVAC Chemical Corporation

10.14. Nissan Chemical Corporation

10.15. Ishihara Sangyo Kaisha Ltd

BASF SE

Bayer AG

Corteva Inc.

FMC Corporation

Syngenta AG

Sumitomo Chemical Co., Ltd.

DhanukaAgritech

Nippon Soda Co Ltd.

Nufarm Ltd.

Lanxess AG

Isagro S.p.A

UPL Limited

AMVAC Chemical Corporation

Nissan Chemical Corporation

Ishihara Sangyo Kaisha Ltd