Chemical

According to a new market report published by Lucintel, the future of the fungicide market looks promising with opportunities in the cereals and grains, oilseeds and pulses, and fruits and vegetable applications. The global fungicide market is expected to reach an estimated $30.9 billion by 2027 with a CAGR of 4.3% from 2021 to 2027.  The major driver for this market is increasing demand of fungicides for crop protection to ensure higher yields.

In this market, chemical and biological are the major type of fungicide. Lucintel forecasts that chemical will remain the largest segment and the biological fungicide segment is expected to witness the highest growth over the forecast period as biological fungicides or biofungicides comprise beneficial microorganisms that are used to control fungal diseases.

Within the fungicide market, cereals and grains will remain the largest segment and is also expected to witness the highest growth over the forecast period due to increasing population and rise in demand for food materials globally.

Asia Pacific is expected to remain the largest region and witness the highest growth over the forecast period due to increasing agricultural practices and the requirement of high-quality agricultural products in the region.

BASF, Bayer, Corteva, Syngenta, FMC, and UPL Ltd. companies are among the major suppliers of fungicide.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global fungicide market by type, crop type, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global Fungicide Market 2022-2027: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global fungicide market by type, application, and region as follows:


























This 205-page 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 click on this link https://www.lucintel.com/fungicides-market.aspx or write us at helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

This report answers following 11 key questions:

Q.1 What are some of the most promising potential, high growth opportunities for the global fungicide market by type (chemical and biological), crop type (cereals and grains, oilseeds and pulses, and fruits and vegetables), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 Which regions will grow at a faster pace and why?

Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?

Q.5 What are the business risks and threats to the market?

Q.6 What are the emerging trends in this market and the reasons behind them?

Q.7 What are the changing demands of customers in the market?

Q.8 What are the new developments in the market? Which companies are leading these developments?

Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?

Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?

Q.11 What M & A activities have taken place in the last 5 years in this market?