According to a market report by Lucintel, the future of the global fungicide market looks promising with opportunities in the seed treatment, soil treatment, and foliar spray markets. The global fungicide market is expected to reach an estimated $46 billion by 2035 from $26 billion in 2027 with a CAGR of 6.2% from 2027 to 2035. The major drivers for this market are the increasing crop disease incidence boosting fungicide demand, the rising agricultural productivity needs supporting fungicide use, and the growing demand of high value crop cultivation.
A more than 150-page report to understand trends, opportunity and
forecast in global fungicide market to 2035 by type (biological fungicides,
chemical fungicides, and others), crop type (cereals & grains, oilseeds
& pulses, fruits & vegetables, and others), formulation (liquid and
dry), application (seed treatment, soil treatment, foliar spray, and others),
and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, chemical fungicide is
expected to witness higher growth over the forecast period due to increasing
crop disease control and protection requirements.
Within the application category, foliar spray is expected to witness the
highest growth over the forecast period due to efficient crop coverage and
disease management.
Download sample by clicking on fungicide
market.
In terms of regions, APAC is expected to witness the highest growth over
the forecast period due to expanding agricultural production and increasing
crop protection demand.
BASF SE, Bayer AG, Syngenta Group, UP, Corteva, FMC Corporation, Nufarm,
Sumitomo Chemical Co., Ltd., NIPPON SODA CO, LTD., Gowan Company are the major
suppliers in the fungicide
market.
This
unique research report will enable you to make confident business decisions in
this globally competitive marketplace. For a detailed table of contents,
contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get
access of more than 1000 reports at fraction of cost visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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