Fungicides Market Competitive Dynamics & Global Outlook 2024-2029
The global fungicides market is projected to reach USD 32.3 billion by 2029 from USD 23.9 billion by 2024, at a CAGR of 6.2% during the forecast period in terms of value.
The global fungicides market is driven by the rapidly increasing demand for high farm yields to feed a growing global population needing effective crop-protection solutions. Intensification from climate change broadens the fit...
Fungicides Market Regional Analysis & Global Forecast to 2027
The Fungicide Market is valued at USD 20.8 billion in 2022. It is projected to reach USD 28.0 billion by 2027, recording a CAGR of 6.1% during the forecast period.
The fungicide market has been influenced by some of the macro indicators witnessed across the globe. According to the Food and Agriculture Organization, total agricultural land under organic farming for grains, pulses, fruits, and vegetables...
The Demand for Innovative Fungicides is Projected to Drive the Growth of the Fungicides Market
The global fungicides market is estimated to be valued at USD 18.7 billion in 2019 and is projected to reach USD 24.5 billion by 2025, recording a CAGR of 4.6%. The fungicides market has high growth potential in emerging markets, such as Asia Pacific, South America, and Rest of the World (RoW), which is attributed to the changing climatic conditions and increasing area under high-value crops. In addition,...