Fungicides Market Overviews
Fungi are a common cause of crop damage, reducing yield, quality, and profitability. As a result, fungicides are applied to crops at various phases of development to eradicate undesirable fungi that diminish production. Global fungicides market growth is expected to be driven by rising disease outbreaks as a result of changing climatic circumstances, as well as an increase in the cultivation of high-value crops. As a result, there is a growing global demand for fungicides to decrease crop loss.
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Fungicides Market Scope and Methodology:
Low or no consumption of fruits and vegetables, according to the World Health Organization (WHO), is one of the top 10 risk factors for global mortality, accounting for almost 1.7 million deaths globally. Thus, integrating fruits and vegetables in one's regular diet may help in the prevention of major non-communicable diseases (NCDs) such as Parkinson's disease, strokes, the majority of heart illnesses, the majority of malignancies, diabetes, chronic renal disease, cataracts, and others.
Fungicides Market Regional Insights
In 2020, Europe was dominant among all the regions accounting for xx% of the overall market share in terms of revenue thanks to the wide use of fungicides in agriculture. Wheat cultivation is prevalent in Europe, and it is one of the continent's most important agro-economic sectors. Fungicides are also used in vineyards and fruit and vegetable farms. The European fungicides market generated US $5.70 billion in sales in 2020 and is expected to grow at a CAGR of 4.60% to US $8.20 billion by 2027.
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Fungicides Market Segmentation
Based on Product Types: In 2020, the global market for triazoles was worth US $2.40 billion, with triazoles accounting for 17% of the total market share. It is expected to reach US $3.4 billion by 2027, with a 4.5% CAGR during the forecast period, and to maintain its dominance over the forecast period.
Fungicides Market Key Players
BASF SE (Germany)
Bayer AG (Germany)
Corteva Inc. (United States)
Syngenta AG (Switzerland)
FMC Corporation (United States)
UPL Ltd. (India)
Adama Ltd. (Israel)
Sumitomo Chemical Co. Ltd. (Japan)
Nufarm Limited (Australia)
Isagro SpA (Italy)
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Key questions answered in the Fungicides Market are:
- What is Fungicides ?
- What was the Fungicides market size in 2023?
- What is the growth rate of the Fungicides Market?
- Which are the factors expected to drive the Fungicides market growth?
- What are the different segments of the Fungicides Market?
- What growth strategies are the players considering to increase their presence in Fungicides ?
- What are the upcoming industry applications and trends for the Fungicides Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Fungicides Market?
- Who are the leading companies and what are their portfolios in Fungicides Market?
- What segments are covered in the Fungicides Market?
- Who are the key players in the Fungicides market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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