Fungicides Global Market Report 2020
February 2020
200
About the Report
About the Report
The fungicides market consists of sales of fungicides. Fungicides controls fungal diseases by killing or inhibiting fungi or fungal spores. Fungi can cause serious damage in agriculture, resulting in critical losses of yield, quality and profit. Tea tree oil, cinnamaldehyde and nimbin are examples of natural fungicides.
The global fungicides market was worth USD 16.67 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 11% and reach USD 24.89 billion by 2023.
The fungicides market in this report covers segmentation by type into synthetic fungicides, bio-fungicides. It is also segmented by application into cereals & grains, oilseeds & pulses, fruits & vegetables, others.
Farmers globally are adopting intensive farming techniques to increase productivity per hectare, driving the demand for pesticides and other agricultural chemicals. Intensive farming is an agricultural intensification and mechanization system that aims to maximize yields from available land through means such as heavy use of pesticides and chemical fertilizers. These techniques help to meet the rising demand for food from the growing population and prevent food shortages. Intensive farming techniques such as monoculture drive the demand for pesticides. Monoculture is a practice of growing one type of crop intensively over a large area, depleting the nutrients in the soil and making it heavily dependent on pesticides.
The rising demand for organic food products is expected to negatively impact the fungicides market. This can be attributed to the changing lifestyles and increasing preference for organic food. Organic food products are derived through farming systems without the use of fungicides. In 2017, the sales of organic food and drink products in the UK increased by 6% from 2016. Similarly, in 2016, the sales of organic food in the US increased by 8.4% to USD 43 billion, from 2015. Rising demand for organic food products will limit the use of fungicides in crop production, restricting the growth of the fungicides market.
Developing agricultural countries, including China, Brazil, and India, are experiencing increasing demand for inorganic fungicides due to their lower prices than organic fungicides. Other factors driving this market include rapid population growth, depleting cultivable land, lack of proper regulations, and increasing demand for quality fruits and vegetables. Inorganic fungicides are manufactured from abundantly available and easily produced elements, making the product significantly cheap. Farmers in developing regions procuring inorganic fungicides in large quantities are expected to drive the market in the forecast period.
In March 2017, FMC Corporation, a USA-based chemical manufacturing company that manufactures insecticides, herbicides, miticides, and fungicides acquired portion of DuPont's crop protection business for an undisclosed amount. The acquisition helped FMC Corporation in broadening its product portfolio by bringing in DuPont's leading products in crop protection portfolio and its research & development capabilities. DuPont is a USA-based chemicals company and specializes in manufacturing pesticides
Major players in the market are Adama Agricultural Solutions Ltd (Formerly Makhteshim Agan Industries Ltd) (Israel), American Vanguard Corporation (United States), BASF SE (Germany), Bayer Cropscience AG (Germany), Bioworks Inc (United States), Dow Agrosciences LLC (United States), DuPont (United States), FMC Corporation (United States), Marrone Bio Innovations Inc. (United States), Monsanto Company (United States)
Products
Products
1) By Type: Synthetic Fungicides; Bio-fungicides 2) By Application: Cereals & Grains; Oilseeds & Pulses; Fruits & Vegetables; Others
Companies
Adama Agricultural Solutions Ltd (Formerly Makhteshim Agan Industries Ltd) (Israel)
American Vanguard Corporation (United States)
BASF SE (Germany)
Bayer Cropscience AG (Germany)
Bioworks Inc (United States)
Dow Agrosciences LLC (United States)
DuPont (United States)
FMC Corporation (United States)
Marrone Bio Innovations Inc. (United States)
Monsanto Company (United States)
Nufarm Ltd (Australia)
Sumitomo Chemical (Japan)
Syngenta International AG (Switzerland)
UPL Limited
Cheminova A/S
Lanxess AG
E.I Du Pont de Numerous and Company
Table of Contents
Table of Contents
1. Executive Summary
2. Fungicides Market Characteristics
3. Fungicides Market Size And Growth
3.1. Global Fungicides Historic Market, 2015-2019, USD Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Fungicides Forecast Market, 2019-2023F, 2025F, 2030F, USD Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market
4. Fungicides Market Segmentation
4.1. Global Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Synthetic Fungicides
Bio-fungicides
4.2. Global Fungicides Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Others
5. Fungicides Market Regional And Country Analysis
5.1. Global Fungicides Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
5.2. Global Fungicides Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
6. Asia-Pacific Fungicides Market
6.1. Asia-Pacific Fungicides Market Overview
6.2. Asia-Pacific Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
7. China Fungicides Market
7.1. China Fungicides Market Overview
7.2. China Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,USD Billion
8. India Fungicides Market
8.1. India Fungicides Market Overview
8.2. India Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
9. Japan Fungicides Market
9.1. Japan Fungicides Market Overview
9.2. Japan Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
10. Australia Fungicides Market
10.1. Australia Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
11. Indonesia Fungicides Market
11.1. Indonesia Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
12. South Korea Fungicides Market
12.1. South Korea Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
13. Western Europe Fungicides Market
13.1. Western Europe Fungicides Market Overview
13.2. Western Europe Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
14. UK Fungicides Market
14.1. UK Fungicides Market Overview
14.2. UK Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
15. Germany Fungicides Market
15.1. Germany Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
16. France Fungicides Market
16.3. France Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
17. Eastern Europe Fungicides Market
17.1. Eastern Europe Fungicides Market Overview
17.2. Eastern Europe Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
18. Russia Fungicides Market
18.1. Russia Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
19. North America Fungicides Market
19.1. North America Fungicides Market Overview
19.2. North America Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
20. USA Fungicides Market
20.1. USA Fungicides Market Overview
20.2. USA Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
21. South America Fungicides Market
21.1. South America Fungicides Market Overview
21.2. South America Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
22. Brazil Fungicides Market
22.1. Brazil Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
23. Middle East Fungicides Market
23.1. Middle East Fungicides Market Overview
23.2. Middle East Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
24. Africa Fungicides Market
24.1. Africa Fungicides Market Overview
24.2. Africa Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
25. Fungicides Market Competitive Landscape And Company Profiles
25.1. Fungicides Market Competitive Landscape
25.2. Fungicides Market Company Profiles
25.2.1. Adama Agricultural Solutions Ltd (Formerly Makhteshim Agan Industries Ltd) (Israel)
25.2.1.1. Overview
25.2.1.2. Products and Services
25.2.1.3. Strategy
25.2.1.4. Financial Performance
25.2.2. American Vanguard Corporation (United States)
25.2.2.1. Overview
25.2.2.2. Products and Services
25.2.2.3. Strategy
25.2.2.4. Financial Performance
25.2.3. BASF SE (Germany)
25.2.3.1. Overview
25.2.3.2. Products and Services
25.2.3.3. Strategy
25.2.3.4. Financial Performance
25.2.4. Bayer Cropscience AG (Germany)
25.2.4.1. Overview
25.2.4.2. Products and Services
25.2.4.3. Strategy
25.2.4.4. Financial Performance
25.2.5. Bioworks Inc (United States)
25.2.5.1. Overview
25.2.5.2. Products and Services
25.2.5.3. Strategy
25.2.5.4. Financial Performance
26. Key Mergers And Acquisitions In The Fungicides Market
27. Fungicides Market Trends And Strategies
28. Fungicides Market Future Outlook and Potential Analysis
29. Appendix
29.1. Abbreviations
29.2. Currencies
29.3. Research Inquiries
29.4. The Business Research Company
29.5. Copyright And Disclaimer
List of Figure
Figure 1: Global Historic Market Growth, 2015-2019, USD Billion
Figure 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 3: Global Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 4: Global Fungicides Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 5: Global Fungicides Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 6: Global Fungicides Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 7: Asia-Pacific, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 8: China, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 9: India, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 10: Japan, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 11: Australia, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 12: Indonesia, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 13: South Korea, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 14: Western Europe, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 15: UK, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 16: Germany, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 17: France, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 18: Eastern Europe, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 19: Russia, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 20: North America, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 21: USA, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 22: South America, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 23: Brazil, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 24: Middle East, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 25: Africa, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 26: Adama Agricultural Solutions Ltd (Formerly Makhteshim Agan Industries Ltd) (Israel) Financial Performance
Figure 27: American Vanguard Corporation (United States) Financial Performance
Figure 28: BASF SE (Germany) Financial Performance
Figure 29: Bayer Cropscience AG (Germany) Financial Performance
Figure 30: Bioworks Inc (United States) Financial Performance
List of Table
Table 1: Global Historic Market Growth, 2015-2019, USD Billion
Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 3: Global Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 4: Global Fungicides Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 5: Global Fungicides Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 6: Global Fungicides Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 7: Asia-Pacific, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 8: China, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 9: India, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 10: Japan, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 11: Australia, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 12: Indonesia, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 13: South Korea, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 14: Western Europe, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 15: UK, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 16: Germany, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 17: France, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 18: Eastern Europe, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 19: Russia, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 20: North America, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 21: USA, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 22: South America, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 23: Brazil, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 24: Middle East, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 25: Africa, Fungicides Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 26: Adama Agricultural Solutions Ltd (Formerly Makhteshim Agan Industries Ltd) (Israel) Financial Performance
Table 27: American Vanguard Corporation (United States) Financial Performance
Table 28: BASF SE (Germany) Financial Performance
Table 29: Bayer Cropscience AG (Germany) Financial Performance
Table 30: Bioworks Inc (United States) Financial Performance
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