The global fungicides market has witnessed robust growth during the last five years and is expected to witness growth momentum although at a slightly reduced pace and reach an estimated US $21.42 billion in 2017 with a CAGR of 6.7% over the next five years. North America witnessed the highest growth during the last five years and is expected to lead the industry during 2012 to 2017
Lucintel, a leading global management consulting and market research firm, has analyzed the Global Fungicides market and presents its findings in “Global Fungicides Industry 2012–2017: Trends, Profit, and Forecast Analysis.”
The fungicides market consists of a specific type of pesticide that controls fungal disease by specifically inhibiting or killing the fungus causing the disease in the crops. Fungicides prevent and cure diseases, which can have severe adverse effects on crop yields and quality. The main markets are fruit and vegetables, cereals, and rice.
As per the study, regulatory norms to reduce toxicity, environmental laws and government regulations are some of the challenges before the industry. On the contrary, the ever increasing world population has been creating constant pressure for higher yields from the limited cultivable land resources to meet the world hunger, so the demand for fungicides is expected to increase to save crops from the damage caused by fungus and diseases.
In global fungicides market, APAC is forecast to see the highest growth during next five years. Developing countries such as China and India are demanding higher volumes of nutritious food, which will in turn increase the fungicides market. Growing horticulture and floriculture industries will also result in increasing demand for fungicides. Lucintel’s research provides a concise overview of the global fungicides market. This research report categorizes the global market for fungicides on the basis of geography– thus it tracks four segments of the global fungicides market
This comprehensive guide from Lucintel provides readers with valuable information and the tools needed to successfully drive critical business decisions with a thorough understanding of the market’s potential. This report will save Lucintel clients hundreds of hours in personal research time on a global market and it offers significant benefits in expanding business opportunities throughout the global fungicides market analysis. In a fast-paced ever-changing world, business leaders need every advantage available to them in a timely manner to drive change in the market and to stay ahead of their competition. This report provides business leaders with a keen advantage in this regard by making them aware of emerging trends and demand requirements on an annual basis.
To make any investment or strategic decision, you need adequate and timely information. This market report fulfills this core need. Some of the features of this market report are:
• Industry size estimates in terms of (US $) value by regions
• Global fungicides industry analysis annual trend (2006-2011) and forecast (2012-2017)
• Porter’s Five Force analysis
• New product launch and merger and acquisition activity in global fungicides industry analysis
• Quarterly demand trend (Q1 2010-Q4 2011) and forecast analysis (Q1 2012 – Q4 2012) for global fungicides industry analysis
• Gross and net profit trends in the global fungicides industry analysis
• Cost structure trend in the global as well as regional fungicides industry analysis
• More than 44 valuable figures/charts and 10 tables are provided in this report