Fungicides Market expected to reach US$31.302 billion by 2030

fungicides market

Fungicides Market Trends & Forecast:

The fungicides market is projected to grow at a CAGR of 4.32% to reach a market size of US$31.302 billion by 2030 from US$25.337 billion in 2025, according to a new report by Knowledge Sourcing Intelligence. The expansion in the market is primarily due to a rise in demand for higher agriculture yield across the globe, which is leading to increased requirements and effective and efficient crop protection solutions, such as fungicides. There is an increase in fungal diseases in crops, which is heightened with the growing climatic change, giving rise to demand for fungicides to shield the agriculture yield from these effects.

Furthermore, the increasing adoption of intensive farming practices like vertical farming, along with the rise in agrochemicals, is leading to advancement in agriculture technology, including the integration of pest management methods, which will contribute to the growth of the market during the projected period. In addition, major market players are increasingly focusing on developing fungicide formulations for the enhancement of their efficiency. Further, the growing shift towards sustainable agriculture is also promoting the companies to develop bio-fungicides, which are derived from natural sources, further boosting the market. The government initiatives to support modern agriculture practices will also positively expand the market.

➥ View a sample of the report or purchase the complete study at: Fungicides Market Report

Fungicides Market Report Highlights:

  • The synthetic fungicides products segment is estimated to attain greater market share by 2030 in the type segment. Factors promoting the growth of this segment include the high efficiency of this segment is in the controlling of fungal disease in crops along with offering protection to agriculture from infestation. They are usually more affordable compared to bio or organic fungicides which contributes to their widespread utilization across the world. Moreover, the produce faster result in controlling the severe fungal infestation growth. The rising environmental awareness is impacting this segment however, it will remain the dominant segment due to its established presence along with effectiveness in the protection of crops.
  • The cereals and grains segment is the largest segment in the market due to it being a critical crop for food security globally, and it requires effective crop protection for ensuring the stable yield of the segment. the crops like rice, corn, barley and wheat is regarded as essential crops for the food security globally and they are highly susceptible to the fungal diseases such as blast, rusts, and various blotches and rots which could impact the crop yield along with the quality leading to growth in demand of fungicides for this segment will witness growth.
  • The liquid form segment is the fastest-growing segment in the fungicides market. Among the aspects that drive this rapid growth are the increasing  application, versatility and diverse formulation preparation with ease to integrate it into advanced farming techniques. Moreover, they are utilized in various methods like irrigation systems and sprayers with offering longer-lasting protection to the crops against fungal infections.
  • North America held the largest fungicides market share, which is mainly driven by diverse agriculture areas in the region along with supportive government standards. The agricultural landscape of the region is increasingly susceptible to fungal infestation, which leads to a rise in the necessity of fungicides for the protection of crop yield, which will contribute to regional market growth.

Fungicides Market Segmentation:

Knowledge Sourcing Intelligence has segmented the Fungicides Market based on the type, crop type, form, and region:

Fungicides Market, By Type

  • Synthetic
  • Biological

Fungicides Market, By Crop Type

  • Cereals & Grains
  • Fruits & Vegetables
  • Oilseeds & Pulses
  • Other

Fungicides Market, By Form

  • Dry
  • Liquid

Fungicides Market, By Region

  • North America
    • USA
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Others
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Taiwan
    • Thailand
    • Indonesia
    • Others
  • South America
    • Brazil
    • Argentina
    • Others
  • Middle East and Africa (MEA)
    • Saudi Arabia
    • UAE
    • Others

Fungicides Market Key Players:

  • 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

Global Biorational Fungicides Market Share
Post-Harvest Treatment Market Trends
SDHI Fungicide Market