Fungicides Market Share

  • Report ID: 428
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Fungicides Market Share

Regionally, the global fungicides market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in Asia Pacific is projected to hold the largest market share by the end of 2037 backed by the increasing major crop production including, rice, vegetables and fruits, cereals. For instance, China had the biggest rice paddy production in the Asia-Pacific region in 2020, with over 210 million tons produced. Rising demand for high-quality food products, growing demand for food, increasing population, and escalating disposable income in the region are some other major factors anticipated to influence the market growth over the forecast period.

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Author Credits:  Rajrani Baghel


  • Report ID: 428
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of fungicides is assessed at USD 23.82 billion.

The fungicides market size was valued at USD 22.34 billion in 2024 and is anticipated to reach USD 62.78 billion by the end of 2037, registering around 8.2% CAGR during the forecast period i.e., between 2025-2037. Increased emphasis on high-value crops yield, worldwide increasing consumption of cereals, and rising food insecurity rate will drive the market growth.

Asia Pacific is projected to dominate majority industry share by 2037, driven by increasing major crop production including, rice, vegetables and fruits, cereals.

The major players in the market include BASF SE, Syngenta Crop Protection AG, Sumitomo Chemical Co., Ltd., Nufarm Limited, Adama Agricultural Solutions Ltd., FMC Corporation, Corteva Agriscience, UPL Limited, Isagro SpA, BioWorks, Inc.
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