Fungicides Market: By Product Type (Dithiocarbamates, Chloronitriles, Triazoles, Benzimidazoles, Phenylamides, Strobilurins), By Crop Type (Oilseeds and pulses, Cereals and grains, Forage crops and pastures, Others), By Formulation Type (Water-dispersible granules, Liquid, Wettable granules), By Application (Soil treatment, Seed treatment, Foliar spray, Post-harvest), and Geography  

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Fungicides Market size was valued at USD 17.94 billion in 2023 and is expected to reach USD 23.12 billion by 2030, at a CAGR of 5.24% from  2024-2030. Fungicides are chemical compounds, which are used to kill the fungi or fungi spores in crops. Fungal infections are a major cause of crop loss and it is a massive threat for the cultivation wheat, maize, rice, soybean, fruits & vegetables, and sugarcane among others. Fungicides help in crop protection and give better quality products with higher yields. Fungicides are classified as either selective to cure specific fungicides or non-selective with broad-spectrum activity and show activity against multiple fungal diseases. Sulfur is the common active ingredient used in fungicides and the most commonly used fungicides include mancozeb, prochloraz, propiconazole, and chlorothalonil among others. The Fungicides market is growing moderate rate over the forecast period due to advancements in the seed technology, which might lag the revenue growth of the fungicides market. Farmers are majorly focusing on improving crop yield due to the rise in global population coupled with a decrease in arable land. Various agriculture institutes and governments around the globe are taking initiation to create awareness about fungicides usage for crop protection. Moreover, increase in the sale of ornamental plants for outdoor and indoor applications due to increase in the urbanization also expected to fuel the fungicides market. In addition, acquisitions and mergers, collaborations, product approvals, and product launchings are the strategies followed by the companies for increasing their revenue share in fungicides market. For instance,

Fungicides Market Key Developments

  • in April 2014, Sumitomo Corporation acquired crop protection fungicide Metominostorbin, a broad-spectrum systemic fungicide from Bayer Crop Science Japan. Furthermore,
  • in September 2015, Dupont received EPA approval for the oxathiapiproline, a fungicide used in fruits and vegetable crops marketed under the trade name of Zorvec.

Fungicides Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

5.24%

Largest Market

North America

Fastest Growing Market

Asia Pacific
Fungicides Market Dynamics

Factors anticipated to drive the fungicides market are increase in the demand for crop protection for better yields, increase in global population coupled with increase in the demand for food, and growing use of fungicides due to rise in incidence of fungal infections. Moreover, development in novel farming practices, shrinkage in arable land, and innovation and launching of newer products into market are expected to propel the fungicides market revenue over the forecast period. However, technological advancements in the seeds, use of genetically modified crops, adverse effects associated with the fungicides, and lack of awareness about the fungal infections in farmers might hamper the growth of the fungicides market over the forecast period.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

Fungicides Market Segmentation

By Product Type
  • Dithiocarbamates
  • Chloronitriles
  • Triazoles
  • Benzimidazoles
  • Phenylamides
  • Strobilurins
By Crop Type
  • Oilseeds and pulses
  • Cereals and grains
  • Forage crops and pastures
  • Others
By Application
  • Oilseeds and pulses
  • Cereals and grains
  • Forage crops and pastures
  • Others
By Formulation Type
  • Water-dispersible granules
  • Liquid
  • Wettable granules

Frequently Asked Questions

The fungicides market size was valued at USD 17.94 billion in 2023

The fungicides market key players are: BASF SE (Germany) Monsanto Company (U.S.) Bayer CropScience AG (Germany) Nufarm Ltd. (Australia) Syngenta AG (Switzerland) E.I. DuPont De Nemours & Company (U.S.) Sumitomo Corporation (Japan) FMC Corporation (U.S.) Mitsui & Co., Ltd. (Japan) Nippon Soda Co. Ltd. (Japan) ADAMA agricultural solution ltd. (Israel)

The fungicides market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

1. Executive Summary
2. Global Fungicides Market Introduction 
2.1.Global Fungicides Market  - Taxonomy
2.2.Global Fungicides Market  - Definitions
2.2.1.Product Type
2.2.2.Crop Type
2.2.3.Application
2.2.4.Formulation Type
2.2.5.Region
3. Global Fungicides Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Fungicides Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Fungicides Market  By Product Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Dithiocarbamates
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Chloronitriles
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Triazoles
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Benzimidazoles
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. Phenylamides
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
5.6. Strobilurins
5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.6.3. Market Opportunity Analysis 
6. Global Fungicides Market  By Crop Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Oilseeds and pulses
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Cereals and grains
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Forage crops and pastures
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Others
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
7. Global Fungicides Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Oilseeds and pulses
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Cereals and grains
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Forage crops and pastures
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Others
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
8. Global Fungicides Market  By Formulation Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Water-dispersible granules
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Liquid
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Wettable granules
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
9. Global Fungicides Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. North America
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.1.3. Market Opportunity Analysis 
9.2. Europe
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.2.3. Market Opportunity Analysis 
9.3. Asia Pacific (APAC)
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.3.3. Market Opportunity Analysis 
9.4. Middle East and Africa (MEA)
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.4.3. Market Opportunity Analysis 
9.5. Latin America
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.5.3. Market Opportunity Analysis 
10. North America Fungicides Market,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Dithiocarbamates
10.1.2.Chloronitriles
10.1.3.Triazoles
10.1.4.Benzimidazoles
10.1.5.Phenylamides
10.1.6.Strobilurins
10.2.  Crop Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Oilseeds and pulses
10.2.2.Cereals and grains
10.2.3.Forage crops and pastures
10.2.4.Others
10.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Oilseeds and pulses
10.3.2.Cereals and grains
10.3.3.Forage crops and pastures
10.3.4.Others
10.4.  Formulation Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Water-dispersible granules
10.4.2.Liquid
10.4.3.Wettable granules
10.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.5.1.United States of America (USA)
10.5.2.Canada
11. Europe Fungicides Market,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Dithiocarbamates
11.1.2.Chloronitriles
11.1.3.Triazoles
11.1.4.Benzimidazoles
11.1.5.Phenylamides
11.1.6.Strobilurins
11.2.  Crop Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Oilseeds and pulses
11.2.2.Cereals and grains
11.2.3.Forage crops and pastures
11.2.4.Others
11.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Oilseeds and pulses
11.3.2.Cereals and grains
11.3.3.Forage crops and pastures
11.3.4.Others
11.4.  Formulation Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.Water-dispersible granules
11.4.2.Liquid
11.4.3.Wettable granules
11.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.5.1.Germany
11.5.2.France
11.5.3.Italy
11.5.4.United Kingdom (UK)
11.5.5.Spain
11.5.6.Rest of EU
12. Asia Pacific (APAC) Fungicides Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Dithiocarbamates
12.1.2.Chloronitriles
12.1.3.Triazoles
12.1.4.Benzimidazoles
12.1.5.Phenylamides
12.1.6.Strobilurins
12.2.  Crop Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Oilseeds and pulses
12.2.2.Cereals and grains
12.2.3.Forage crops and pastures
12.2.4.Others
12.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Oilseeds and pulses
12.3.2.Cereals and grains
12.3.3.Forage crops and pastures
12.3.4.Others
12.4.  Formulation Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.Water-dispersible granules
12.4.2.Liquid
12.4.3.Wettable granules
12.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.5.1.China
12.5.2.India
12.5.3.Australia and New Zealand (ANZ)
12.5.4.Japan
12.5.5.Rest of APAC
13. Middle East and Africa (MEA) Fungicides Market, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Dithiocarbamates
13.1.2.Chloronitriles
13.1.3.Triazoles
13.1.4.Benzimidazoles
13.1.5.Phenylamides
13.1.6.Strobilurins
13.2.  Crop Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Oilseeds and pulses
13.2.2.Cereals and grains
13.2.3.Forage crops and pastures
13.2.4.Others
13.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Oilseeds and pulses
13.3.2.Cereals and grains
13.3.3.Forage crops and pastures
13.3.4.Others
13.4.  Formulation Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Water-dispersible granules
13.4.2.Liquid
13.4.3.Wettable granules
13.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.5.1.GCC Countries
13.5.2.South Africa
13.5.3.Rest of MEA
14. Latin America Fungicides Market, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
14.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.1.1.Dithiocarbamates
14.1.2.Chloronitriles
14.1.3.Triazoles
14.1.4.Benzimidazoles
14.1.5.Phenylamides
14.1.6.Strobilurins
14.2.  Crop Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.2.1.Oilseeds and pulses
14.2.2.Cereals and grains
14.2.3.Forage crops and pastures
14.2.4.Others
14.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.3.1.Oilseeds and pulses
14.3.2.Cereals and grains
14.3.3.Forage crops and pastures
14.3.4.Others
14.4.  Formulation Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.4.1.Water-dispersible granules
14.4.2.Liquid
14.4.3.Wettable granules
14.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.5.1.Brazil
14.5.2.Mexico
14.5.3.Rest of LA
15. Competition Landscape
15.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
15.2.1.BASF SE (Germany)
15.2.2.Monsanto Company (U.S.)
15.2.3.Bayer CropScience AG (Germany)
15.2.4.Nufarm Ltd. (Australia)
15.2.5.Syngenta AG (Switzerland)
15.2.6.E.I. DuPont De Nemours & Company (U.S.)
15.2.7.Sumitomo Corporation (Japan)
15.2.8.FMC Corporation (U.S.)
15.2.9.Mitsui & Co., Ltd. (Japan)
15.2.10.Nippon Soda Co. Ltd. (Japan)
15.2.11.ADAMA Agricultural Solution Ltd. (Israel)
16. Research Methodology 
17. Appendix and Abbreviations 
  • BASF SE (Germany)
  • Monsanto Company (U.S.)
  • Bayer CropScience AG (Germany)
  • Nufarm Ltd. (Australia)
  • Syngenta AG (Switzerland)
  • E.I. DuPont De Nemours & Company (U.S.)
  • Sumitomo Corporation (Japan)
  • FMC Corporation (U.S.)
  • Mitsui & Co., Ltd. (Japan)
  • Nippon Soda Co. Ltd. (Japan)
  • ADAMA Agricultural Solution Ltd. (Israel)

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