Fungicides Market Research Report
Growth opportunities in the global fungicides market
look promising over the next six years. The growing crop diseases, rising
demand for high-value crops, and the launch of novel fungicide products are the
key factors that are driving the growth of the global fungicides market.
Introduction
of the Fungicides Market:
Fungicide is pesticides that are mainly used to kill or
prevent the growth of fungi. It can be used to control parasitic fungi which
are causing economic damage to ornamental plants, crops, and risks the health
of animals and humans. Dust or sprays are majorly used by horticulture and
agricultural fungicides. Seed fungicides are also applied to seeds before
germination to prevent them from any fungal disease. Fungicides enhance the
quality of crops and are gaining traction among farmers.
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Fungicides
Market Dynamics (including market size, share, trends, forecast, growth,
forecast, and industry analysis)
The global fungicides market is
expecting strong growth during the forecast period. This is attributed to the
growing crop diseases, rising demand for high-value crops, and the launch of
novel fungicide products. It has been seen that about 15% of staple crops
offer almost half of the calorie intake. The major reason which affects plants
in natural ecosystems and agriculture is climate change. The growing demand for
diverse foods to surge the rising population, exhaustion of marginally arable
lands, reduction of natural resources, the competition of land in fertile
areas, and accelerated risk of epidemics are the various problems faced by
plant disease management worldwide. To fulfill the population demand, farmers
around the world have started opting for fungicides for the crop, as the
treated plants more effective in photosynthesis than untreated ones. The major
factor surging the growth of the market include the increasing crop diseases is
rising the adoption of fungicides worldwide.
It has been observed that the growing usage of fungicides in
plants has established resistance to the chemicals among fungus. On the other
hand, fungicides are not successful in preventing plants owing to the high
resistance of some fungus, which is likely to hamper the growth of the fungicides
market share in terms of revenue.
Key
Players of the Global Fungicides Market:
·
BASF SE
·
Bayer AG
·
Corteva, Inc.
·
Syngenta AG
·
FMC Corporation
·
UPL Ltd
·
Nippon Soda Co., Ltd.
·
Sumitomo Chemical Co., Ltd.
·
Isagro Spa
·
Nufarm Agriculture Inc.
Fungicides Market Segmentation:
Global Fungicides Market Report
Segment by Type:
·
Biological
o
Microbials
o
Botanicals
·
Chemical
o
Triazoles
o
Dithicarbamates
o
Strobilurins
o
Phenylamides
o
Chloronitriles
o
Others
Global Fungicides Market Report Segment by Crop:
·
Cereals & Grains
o
Corn
o
Wheat
o
Rice
o
Others
·
Oilseeds & Pulses
o
Soyabean
o
Cotton
o
Others
·
Fruits & Vegetables
o
Apples
o
Pears
o
Grapes
o
Cucumbers
o
Potatoes
o
Others
·
Others
Global Fungicides Market Report Segment by Application:
·
Foliar Spray
·
Chemigation
·
Seed Treatment
·
Soil Treatment
·
Post-Harvest
Global Fungicides Market Report Segment by Mode of Action:
·
Contact
·
Systemic
Global Fungicides Market Report Segment by Active Form:
·
Liquid
·
Dry
Global Fungicides Market Report
Segment by Region:
·
North America
o
United States of America
o
Canada
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining countries of the
LAMEA region)
About GMI
Research
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