殺菌剤市場 – 2029年までの世界予測

Fungicides Market - Global Forecast To 2029

殺菌剤市場 - タイプ(化学および生物学的)、作用機序(接触および全身)、製剤(液体および乾式)、施用モード(葉面散布、種子処理および土壌処理)、作物の種類および地域別 - 2029年までの世界予測
Fungicides Market by Type (Chemical and Biological), Mode of Action (Contact and Systemic), Formulation (Liquid and Dry), Mode of Application (Foliar Spray, Seed Treatment, and Soil Treatment), Crop Type and Region - Global Forecast to 2029
出版社MarketsandMarkets
出版年月2024年8月
ページ数329
図表数388
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The global fungicides market is estimated at USD 23.9 billion in 2024 and is projected to reach USD 32.3 billion by 2029, at a CAGR of 6.2% during the forecast period.

世界の殺菌剤市場は2024年に239億米ドルと推定され、予測期間中のCAGRは6.2%で、2029年までに323億米ドルに達すると予測されています。

殺菌剤市場 - 2029年までの世界予測
Fungicides Market – Global Forecast To 2029

There are several plant pathogenic organisms that cause crop damage; fungi are a primary cause of crop loss globally. The fungicides market is projected to grow at a promising rate in the coming years. This growth is driven by the changing climate conditions and the rising demand for high-value crops, particularly for fruits & vegetables. The Food and Agricultural Organization has identified hundreds of fungal diseases that strike 168 crops integral to human nutrition, with the potential threat from these diseases only rising with climate change. Higher temperatures favor the new variation of fungal pathogens, and extreme weather events such as storms and tornadoes can spread spores over larger geographic areas. For example in 2022, climatic change caused a severe outbreak of stem rust in Ireland, whose airborne spores of the pathogen have come from other regions,  underscoring broader risks induced by shifting weather patterns and rising temperatures. The fungicides market is projected to grow at a promising rate in the coming years. Major players in the fungicides market include Syngenta Group (Switzerland), BASF SE (Germany), Bayer AG (Germany), FMC Corporation (US), and UPL Ltd. (India). Some popular fungicides offered by BASF include F 500, Xemium, Revysol, and Pavecto. Syngenta Group offers Amistar, Bravo, Orondis, and Revus. In the recent years, major players largely invested in the research and development activities for the launch of novel fungicide products across the globe, which further boosts the market growth.  In May 2024, Syngenta Group announced a major boost in its fungicides portfolio with the launch of its patented ADEPIDYN technology globally featuring the active ingredient pydiflumetofen. The advanced fungicide is available to farmers in more than 55 countries currently.

殺菌剤市場 - 2029年までの世界予測 ecosystem
Fungicides Market – ecosystem

“Rising demand for agricultural production to drive the fungicides market globally”

An increase in agricultural production, arising from the increased demand for food on a global scale, essentially increases the application of fungicides to protect crops and enhance yields. According to the State of Food Security and Nutrition in the World report published by FAO, global food production will need to grow by 70% in 2050 to cater to the increasing population. A 2022 study published in Springer Nature examined the impact of foliar fungicides on soybean yields in the north-central United States. The study highlighted that fungicides are more beneficial in high-yield environments, offering sufficient yield increases to offset their costs when soybean prices are average or higher. Nonetheless, it emphasized the ongoing importance of disease scouting and resistance management.

“In 2023, chemical fungicides stood as the major segment within the type segment of the fungicides market. “

Chemical fungicides are biocidal materials that can kill or prevent fungi and their pathogenic spores from growing. Chemical fungicides can be used to control plant fungal infections such as rusts, mildews, and blights. Fungicide activity can be both systemic and contact. Continuous research and development have led to the launch of new targeted chemicals which help to increase the market share of chemical fungicides. For instance, in February 2024, Scientists at the University of California discovered a new chemical fungicide, ebselen, that holds huge potential for fighting some of the most devastating crop diseases in the world. Not only did this new breed of fungicide stop the effects of fungal infections in apples, grapes, strawberries, tomatoes, and roses, but it also enhanced symptoms of already existing fungal infections in rice. In June 2024, BASF launched its new rice fungicide in China under the trade name Cevya, containing 400g/L mefentrifluconazole. This new product incorporates the active ingredient Revysol, mefentrifluconazole, which has good preventive and controlling effects on rice false smut.

“Within the  formulation segment, liquid formulation holds the highest share.”

Liquid formulations holds maximum share in the fungicides market due to wide usage and versatility. They are preferred for the ease of application, better coverage of large acres, and the possibility of mixing with other agricultural chemicals. Some active ingredients – Difenoconazole, Fludioxonil, Pydiflumetofen, and Hexaconazole – are dominant in fungicides as they are water-based. Liquid fungicides help achieve a high active content, which is required in commercial formulations as they aid with spray drifting. Companies such as BASF (Germany), Bayer (Germany), Syngenta (Basal), FMC Corporation (US), and UPL (India) provide various liquid-based fungicides targeting different diseases and crops. Due to the increasing demand for organic crops, some companies are also focusing on introducing biofungicides. In June 2024, Rovensa Next launched a new biofungicide called Milarum in Brazil. In August 2023, FMC India, a leading agricultural science company, launched the latest ENTAZIA TM biofungicide. Both are liquid-form products that bring extra versatility and value to their applications.

“In 2023, Asia Pacific holds the highest market share in the global fungicides market.”

Asia-Pacific holds the largest share of fungicides in the market due to massive agricultural production, cultivation of diverse crops, and increasing demand for effective disease management solutions. The demand for better fungicides as a disease control measure and a means of yield maximization is, therefore, likely to be high in this region characterized by extensive farming and diversified crops. Many companies are investing in the development of new products in the Asia-Pacific region. For example, In June 2024, BASF introduced its new rice fungicide, Cevya, in China. Earlier, in August 2023, FMC Corporation (US), a leader in agricultural sciences, launched ENTAZIATM biofungicide in India, a groundbreaking biological crop protection product formulated with Bacillus subtilis. These innovations highlight the region’s growing role in the fungicides market.

殺菌剤市場 - 2029年までの世界予測 region
Fungicides Market – region

The Break-up of Primaries:

  • By Company Type: Tire 1- 35%, Tire 2- 40%, Tire 3- 25%
  • By Designation: CXOs – 30%, Managers – 50%, Executives – 20%
  • By Region: North America – 25%, Europe – 25%, Asia Pacific – 30%, South America – 10%, RoW – 10%

Key players in this market include BASF SE (Germany), Bayer AG (Germany), Syngenta Group (Switzerland), UPL (India), Corteva (US), FMC Corporation (US), Nufarm (Australia), Sumitomo Chemical Co., Ltd. (Japan), NIPPON SODA CO, LTD. (Japan), Gowan Company (US),                    American Vanguard Corporation (US), Koppert (Netherlands), KUMIAI CHEMICAL INDUSTRY CO., LTD. (Japan), Albaugh LLC (US), and Sipcam Oxon Spa (Italy).

Research Coverage:

The report segments the fungicides market based on  type, crop type, mode of application, mode of action, formulation, and region. In terms of insights, this report has focused on various levels of analyses—the competitive landscape, end-use analysis, and company profiles, which together comprise and discuss views on the emerging & high-growth segments of the fungicides market, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, services, key strategies, Contracts, partnerships, and agreements. New product launches, mergers and acquisitions, and recent developments associated with the fungicides market. Competitive analysis of upcoming startups in the fungicides market ecosystem is covered in this report.

Reasons to buy this report:

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall fungicides market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities. The report provides insights on the following pointers:

  • Analysis of key drivers (rising temperature and changing climate conditions lead to outbreak of crop diseases, Increaisng launches of novel fungicide products, and rise in agricultural production) restraints (growing resistance to fungicides and fungicide residue problems) opportunities (application of biofungicides to boost demand and integration of fungicides in precision agriculture) and challenges (stringent regulations on use of certain chemical fungicides and low awareness of biological fungicides among farmers).
  • Product Development/Innovation: Detailed insights on research & development activities and new product launches in the fungicides market.
  • Market Development: Comprehensive information about lucrative markets – the report analyses the fungicides market across varied regions.
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the fungicides market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like BASF SE (Germany), Bayer AG (Germany), Syngenta Group (Switzerland), UPL (India), Corteva (US), FMC Corporation (US), Nufarm (Australia), Sumitomo Chemical Co., Ltd. (Japan), Nissan Chemical Corporation (Japan), NIPPON SODA CO, LTD. (Japan), Gowan Company (US), American Vanguard Corporation (US), Koppert (Netherlands), KUMIAI CHEMICAL INDUSTRY CO., LTD. (Japan), Albaugh LLC (US), Sipcam Oxon Spa (Italy), Certis USA L.L.C. (US), BioWorks, Inc. (US), STK Bio-AG (Israel), Verdesian Life Sciences (US), Vive Crop Protection (Canada), Crystal Crop Protection Ltd.   (India), Atticus, LLC (US), Scimplify (India), and Botano Health (Israel) in the fungicides market.

Table of Contents

1               INTRODUCTION        29

1.1            STUDY OBJECTIVES 29

1.1.1        MARKET DEFINITION                29

1.2            MARKET SCOPE      29

1.2.1        MARKET SEGMENTATION        29

1.2.2        INCLUSIONS & EXCLUSIONS   31

1.3            YEARS CONSIDERED                31

1.4            UNIT CONSIDERED  32

1.4.1        CURRENCY/VALUE UNIT          32

1.5            STAKEHOLDERS      33

1.6            SUMMARY OF CHANGES         33

2               RESEARCH METHODOLOGY    34

2.1            RESEARCH DATA     34

2.1.1        SECONDARY DATA   35

2.1.1.1     Key data from secondary sources           35

2.1.2        PRIMARY DATA         35

2.1.2.1     Key data from primary sources                36

2.1.2.2     Key industry insights                37

2.1.2.3     Breakdown of primaries          38

2.2            MARKET SIZE ESTIMATION      38

2.2.1        BOTTOM-UP APPROACH          39

2.2.2        TOP-DOWN APPROACH            39

2.2.2.1     Approach to estimate market size using top-down analysis   40

2.3            DATA TRIANGULATION              41

2.4            RESEARCH ASSUMPTIONS     43

2.5            LIMITATIONS AND RISK ASSESSMENT   43

3               EXECUTIVE SUMMARY             44

4               PREMIUM INSIGHTS                 49

4.1            ATTRACTIVE MARKET OPPORTUNITIES FOR PLAYERS IN FUNGICIDES MARKET    49

4.2            ASIA PACIFIC: FUNGICIDES MARKET, BY TYPE & COUNTRY    50

4.3            FUNGICIDES MARKET: SHARE OF MAJOR REGIONAL SUBMARKETS      50

4.4            FUNGICIDES MARKET, BY TYPE AND REGION         51

4.5            FUNGICIDES MARKET, BY FORMULATION AND REGION          52

4.6            FUNGICIDES MARKET, BY MODE OF ACTION AND REGION     53

4.7            FUNGICIDES MARKET, BY MODE OF APPLICATION AND REGION            54

4.8            FUNGICIDES MARKET, BY CROP TYPE AND REGION                55

5               MARKET OVERVIEW 56

5.1            INTRODUCTION        56

5.2            MACRO INDICATORS                57

5.2.1        DECREASE IN CROPLAND AREA               57

5.2.2        RISING DEMAND FOR HIGH-VALUE AND INDUSTRIAL CROPS 58

5.3            MARKET DYNAMICS                 59

5.3.1        DRIVERS  59

5.3.1.1     Outbreak of crop diseases due to rising temperatures and changing climatic conditions                  59

5.3.1.2     Innovation and technological advancements         60

5.3.2        RESTRAINTS             60

5.3.2.1     Fungicide residue problems   60

5.3.2.2     Regulatory hurdles  61

5.3.3        OPPORTUNITIES      61

5.3.3.1     Integration of fungicides with precision agriculture                 61

5.3.3.2     Introduction of new biological fungicide products  62

5.3.4        CHALLENGES           62

5.3.4.1     Long approval periods for fungicide products         62

5.3.4.2     Growing resistance to fungicides             63

5.4            IMPACT OF GEN AI ON FUNGICIDES MARKET          63

5.4.1        USE OF GEN AI IN FUNGICIDES MARKET 64

5.4.2        CASE STUDY ANALYSIS            65

5.4.2.1     Innovative AI-powered R&D platform helped Syngenta and Enko boost new products’ effectiveness and support global sustainability objectives    65

5.4.2.2     FMC collaborated with Optibrium to accelerate crop protection with AI-powered discovery                  65

5.4.2.3     Iktos and Bayer collaborated to advance crop protection with AI-driven molecular design                  66

5.4.3        IMPACT OF GEN AI/AI ON FUNGICIDES MARKET    66

6               INDUSTRY TRENDS 67

6.1            INTRODUCTION        67

6.2            TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES           67

6.3            VALUE CHAIN ANALYSIS           68

6.3.1        RESEARCH & PRODUCT DEVELOPMENT 69

6.3.2        REGISTRATION         69

6.3.3        FORMULATION & MANUFACTURING        70

6.3.4        DISTRIBUTION          70

6.3.5        MARKETING & SALES               71

6.3.6        POST-SALE SERVICES              71

6.4            ECOSYSTEM ANALYSIS            71

6.4.1        DEMAND SIDE          71

6.4.2        SUPPLY SIDE            71

6.5            TECHNOLOGY ANALYSIS          73

6.5.1        KEY TECHNOLOGIES                73

6.5.1.1     Nano-encapsulation technology              73

6.5.2        COMPLEMENTARY TECHNOLOGIES        73

6.5.2.1     Drone-based spraying              73

6.5.3        ADJACENT TECHNOLOGIES     74

6.5.3.1     Variable rate technology          74

6.6            PRICING ANALYSIS  74

6.6.1        AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TYPE                 74

6.6.2        CHEMICAL FUNGICIDES: AVERAGE SELLING PRICE TREND, BY REGION                 76

6.7            PATENT ANALYSIS   77

6.8            CASE STUDY ANALYSIS            80

6.8.1        STREAMLINING FUNGICIDE PRODUCTION WITH SIEMENS OPCENTER INTEGRATION                  80

6.8.2        INNOVATIVE CO-FORMULATION OF DUAL FUNGICIDES: BATTELLE’S DEVELOPMENT OF STABLE SUSPO-EMULSION     81

6.8.3        LAUNCH OF NATURAL PLANT PROTECTION HELPED STREAMLINE AND OPTIMIZE RESEARCH, DEVELOPMENT, AND MANUFACTURING OF UPL’S BIOLOGICALLY DERIVED AGRICULTURAL SOLUTIONS    82

6.9            TRADE ANALYSIS     82

6.9.1        EXPORT SCENARIO FOR HS CODE 380892             82

6.9.2        IMPORT SCENARIO FOR HS CODE 380892             84

6.10         KEY CONFERENCES & EVENTS                85

6.11         REGULATORY LANDSCAPE      86

6.11.1      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS  86

6.11.2      NORTH AMERICA     90

6.11.2.1  US             90

6.11.2.1.1                Product registration for pesticides in US 90

6.11.2.2  Canada    90

6.11.2.2.1                Pesticide regulations in Canada              90

6.11.3      EUROPE   91

6.11.3.1  Data requirements for plant protection products   92

6.11.3.2  UK            92

6.11.3.3  Germany 93

6.11.4      ASIA PACIFIC            93

6.11.4.1  China       93

6.11.4.2  Australia  93

6.11.4.2.1                Approval of active constituents for use in Australia                 93

6.11.4.3  India         94

6.11.4.3.1                Data requirements for technical ingredients          94

6.11.5      SOUTH AMERICA      94

6.11.5.1  Brazil        94

6.11.5.2  Argentina 95

6.11.6      ROW         95

6.11.6.1  South Africa             95

6.12         PORTER’S FIVE FORCES ANALYSIS          95

6.12.1      INTENSITY OF COMPETITIVE RIVALRY     97

6.12.2      BARGAINING POWER OF SUPPLIERS      97

6.12.3      BARGAINING POWER OF BUYERS            97

6.12.4      THREAT OF SUBSTITUTES        97

6.12.5      THREAT OF NEW ENTRANTS   98

6.13         KEY STAKEHOLDERS AND BUYING CRITERIA          98

6.13.1      KEY STAKEHOLDERS IN BUYING PROCESS             98

6.13.2      BUYING CRITERIA    99

6.14         INVESTMENT AND FUNDING SCENARIO 100

7               FUNGICIDES MARKET, BY TYPE               101

7.1            INTRODUCTION        102

7.2            BIOLOGICAL FUNGICIDES        104

7.2.1        LOW COSTS AND HEAT-WITHSTANDING ABILITY OF BIOLOGICAL FUNGICIDES TO DRIVE MARKET  104

7.2.2        MICROBIALS             107

7.2.2.1     Remarkable control efficacy against numerous plant diseases to boost market  107

7.2.2.2     Fungal-based microbials         107

7.2.2.3     Bacterial-based microbials     108

7.2.2.4     Other microbials      108

7.2.3        BIOCHEMICALS        108

7.2.3.1     Ability to control in vitro and in vivo fungal pathogens to propel market growth    108

7.2.3.2     Plant-derived biochemicals     109

7.2.3.3     Essential oils            109

7.2.3.4     Chitosan  109

7.2.3.5     Alginates 109

7.2.3.6     Other biochemicals 110

7.2.4        MACROBIALS           110

7.2.4.1     Natural and sustainable approach for disease control to

fuel market growth  110

7.3            CHEMICAL FUNGICIDES           110

7.3.1        USE OF CHEMICAL FUNGICIDES IN INDUSTRIAL AGRICULTURE TO BOLSTER MARKET GROWTH 110

7.3.2        TRIAZOLE 113

7.3.2.1     Role in providing robust and reliable disease management solutions for modern agriculture to foster growth     113

7.3.3        STROBILURINS         113

7.3.3.1     Ability to control fungal pathogens to drive market 113

7.3.4        DITHIOCARBAMATES                113

7.3.4.1     Rising need to develop alternatives that address both fungicidal and nutritional needs in agriculture to accelerate market growth 113

7.3.5        CHLORONITRILES    114

7.3.5.1     Broad-spectrum protection against wide range of diseases to fuel market growth                  114

7.3.6        PHENYLAMIDES      114

7.3.6.1     Effectiveness against oomycete pathogens to drive market  114

7.3.7        BENZIMIDAZOLES   114

7.3.7.1     Ban on carbendazim due to its high toxicity to impact market growth   114

7.3.8        CARBOXAMIDES      115

7.3.8.1     Prevent fungi from fully utilizing oxygen and producing energy by inhibiting respiratory enzyme    115

7.3.9        OTHER CHEMICAL FUNGICIDES               115

8               FUNGICIDES MARKET, BY FORMULATION                116

8.1            INTRODUCTION        117

8.2            LIQUID      118

8.2.1        HIGH STABILITY AND HYDROLYTIC SOLUBILITY TO DRIVE MARKET        118

8.2.2        SUSPENSION CONCENTRATES                119

8.2.2.1     Ease of use and effectiveness to boost market      119

8.2.3        EMULSIFIABLE CONCENTRATES              120

8.2.3.1     Advantages such as non-abrasiveness and minimal visible residues to fuel market growth                  120

8.2.4        SOLUBLE LIQUID FLOWABLE   120

8.2.4.1     Multi-site protection from fungal infections to accelerate market growth               120

8.3            DRY          121

8.3.1        ABILITY TO BE USED IN INACCESSIBLE AREAS, SUCH AS CRACKS AND CREVICES, TO PROPEL MARKET GROWTH     121

8.3.2        WETTABLE POWDER (WP)       122

8.3.2.1     Non-phytotoxicity and handling ease to foster market growth                 122

8.3.3        WATER-DISPERSIBLE GRANULES            123

8.3.3.1     Improved application efficiency and effectiveness to boost demand for water-dispersible granules  123

9               FUNGICIDES MARKET, BY MODE OF ACTION           124

9.1            INTRODUCTION        125

9.2            CONTACT FUNGICIDES             126

9.2.1        LOW COST, MINIMAL RESIDUAL EFFECT, AND MULTI-SITE MODE OF ACTION TO DRIVE MARKET  126

9.3            SYSTEMIC FUNGICIDES           127

9.3.1        CURATIVE DISEASE CONTROL, INTERNAL PROTECTION, AND TRANSLOCATION TO HIDDEN PLANT PARTS TO DRIVE MARKET            127

10             FUNGICIDES MARKET, BY MODE OF APPLICATION 129

10.1         INTRODUCTION        130

10.2         SEED TREATMENT   131

10.2.1      INCREASING DEMAND FOR EFFECTIVE AND COST-EFFECTIVE DISEASE CONTROL MEASURES AGAINST SEED-BORNE PATHOGENS TO DRIVE MARKET     131

10.3         SOIL TREATMENT    132

10.3.1      SOIL TREATMENT WITH FUNGICIDES TO ENHANCE CROPS’ ABILITY TO FIGHT AGAINST FUNGAL INFESTATION              132

10.4         FOLIAR SPRAY         133

10.4.1      FOLIAR TREATMENTS TO HELP BOOST NATURAL DISEASE RESISTANCE                133

10.5         OTHER MODES OF APPLICATION             134

11             FUNGICIDES MARKET, BY CROP TYPE    136

11.1         INTRODUCTION        137

11.2         CEREALS & GRAINS 138

11.2.1      INCREASE IN PRODUCTION LEVELS OF CEREALS IN MAJOR EXPORTING COUNTRIES TO DRIVE MARKET        138

11.2.2      CORN       140

11.2.2.1  Demand for corn-based ethanol production to bolster market growth  140

11.2.3      WHEAT     141

11.2.3.1  Fungicides to help wheat crops improve plant health, increase stability, and protect yield                  141

11.2.4      RICE         142

11.2.4.1  Rising demand for gluten-free products and introduction of new rice-based products to drive market            142

11.2.5      OTHER CEREALS & GRAINS     142

11.3         OILSEEDS & PULSES                142

11.3.1      SURGING DEMAND FOR OILSEEDS & PULSES IN DEVELOPING COUNTRIES TO PROPEL MARKET GROWTH   142

11.3.2      SOYBEAN 144

11.3.2.1  Shift in dietary preferences toward plant-based protein products to fuel market growth                  144

11.3.3      SUNFLOWER            145

11.3.3.1  Fungicides integral to maintaining healthy sunflower crops, ensuring high yields and quality      145

11.3.4      OTHER OILSEEDS & PULSES   145

11.4         FRUITS & VEGETABLES            146

11.4.1      SIGNIFICANT RISE IN FRUIT AND VEGETABLE PRODUCTION TO PROPEL MARKET GROWTH                  146

11.4.2      POME FRUITS           148

11.4.2.1  Surging demand for high-level preventive control of numerous pome fruit diseases to fuel market growth         148

11.4.3      CITRUS FRUITS        149

11.4.3.1  Increasing production to drive demand for fungicides            149

11.4.4      LEAFY VEGETABLES 149

11.4.4.1  Increasing need for effective fungicide control of Downey mildew in leafy vegetables to aid market growth         149

11.4.5      BERRIES  149

11.4.5.1  Rising production of berries to spike market growth               149

11.4.6      ROOT & TUBER VEGETABLES  150

11.4.6.1  Infestation of fungal diseases in root and tuber vegetables to drive fungicide usage                  150

11.4.7      OTHER FRUITS & VEGETABLES                150

11.5         OTHER CROP TYPES                 150

12             FUNGICIDES MARKET, BY REGION          152

12.1         INTRODUCTION        153

12.2         NORTH AMERICA     159

12.2.1      US             163

12.2.1.1  Agricultural innovations and process improvements in farming sector to boost market                  163

12.2.2      CANADA   164

12.2.2.1  Introduction of new biological fungicide products to drive market         164

12.2.3      MEXICO   165

12.2.3.1  Rising demand for organic produce to accelerate market growth          165

12.3         EUROPE   166

12.3.1      GERMANY                 171

12.3.1.1  Product innovation and investments to accelerate market growth        171

12.3.2      UK            172

12.3.2.1  Increased yield and reduced cost of labor to foster market growth        172

12.3.3      FRANCE   173

12.3.3.1  Government initiatives to drive demand for biological fungicide products             173

12.3.4      SPAIN       174

12.3.4.1  Prevalence of Botrytis disease in Spain leading to demand for new fungicides     174

12.3.5      ITALY        175

12.3.5.1  New product developments and launches to fuel market growth           175

12.3.6      RUSSIA    176

12.3.6.1  Decline in price of active ingredients from China and sanctions to impact market growth                  176

12.3.7      REST OF EUROPE    177

12.4         ASIA PACIFIC            178

12.4.1      CHINA      184

12.4.1.1  Government regulations to boost demand for advanced fungicide solutions         184

12.4.2      INDIA        185

12.4.2.1  Surging demand for broad-spectrum disease control and enhanced crop resilience to fuel market growth         185

12.4.3      JAPAN      186

12.4.3.1  Adoption of advanced agricultural practices to propel market growth   186

12.4.4      AUSTRALIA                187

12.4.4.1  Increasing consumption of fungicides and growing export of grain crops to boost market                  187

12.4.5      INDONESIA               188

12.4.5.1  Government initiatives aimed at achieving food self-sufficiency to accelerate market growth      188

12.4.6      REST OF ASIA PACIFIC              189

12.5         SOUTH AMERICA      190

12.5.1      BRAZIL     195

12.5.1.1  Focus on developing fungicidal mixture products to boost market        195

12.5.2      ARGENTINA               196

12.5.2.1  Advanced agricultural practices to drive growth     196

12.5.3      REST OF SOUTH AMERICA       197

12.6         ROW         198

12.6.1      MIDDLE EAST           202

12.6.1.1  Rising export and consumption of organic produce likely to drive application of biofungicides           202

12.6.2      AFRICA     203

12.6.2.1  Launch of innovative fungicides to drive market    203

13             COMPETITIVE LANDSCAPE      205

13.1         OVERVIEW                205

13.2         KEY PLAYER STRATEGIES/RIGHT TO WIN                205

13.3         SEGMENTAL REVENUE ANALYSIS            208

13.4         MARKET SHARE ANALYSIS, 2023            208

13.4.1      MARKET RANKING ANALYSIS 210

13.4.2      BASF SE (GERMANY)                210

13.4.3      BAYER AG (GERMANY)             210

13.4.4      SYNGENTA GROUP (SWITZERLAND)        210

13.4.5      CORTEVA (US)          211

13.4.6      SUMITOMO CHEMICAL CO., LTD. (JAPAN)                211

13.5         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023            211

13.5.1      STARS      211

13.5.2      EMERGING LEADERS               211

13.5.3      PERVASIVE PLAYERS                211

13.5.4      PARTICIPANTS         212

13.5.5      COMPANY FOOTPRINT: KEY PLAYERS, 2023          213

13.5.5.1  Company footprint  213

13.5.5.2  Type footprint           214

13.5.5.3  Formulation footprint               215

13.5.5.4  Mode of application footprint 216

13.5.5.5  Region footprint       217

13.6         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023     218

13.6.1      PROGRESSIVE COMPANIES    218

13.6.2      RESPONSIVE COMPANIES       218

13.6.3      DYNAMIC COMPANIES             218

13.6.4      STARTING BLOCKS 218

13.6.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023     220

13.6.5.1  Detailed list of key startups/SMEs          220

13.6.5.2  Competitive benchmarking of key startups/SMEs 221

13.7         COMPANY VALUATION AND FINANCIAL METRICS   222

13.8         BRAND/PRODUCT/SERVICE ANALYSIS  223

13.9         COMPETITIVE SCENARIO AND TRENDS   224

13.9.1      PRODUCT LAUNCHES               224

13.9.2      DEALS      226

13.9.3      EXPANSIONS            228

14             COMPANY PROFILES                231

14.1         KEY PLAYERS           231

14.1.1      BASF SE   231

14.1.1.1  Business overview  231

14.1.1.2  Products/Solutions/Services offered     233

14.1.1.3  Recent developments              234

14.1.1.3.1                Product launches    234

14.1.1.3.2                Deals       236

14.1.1.3.3                Expansions               236

14.1.1.4  MnM view                 237

14.1.1.4.1                Key strengths           237

14.1.1.4.2                Strategic choices     237

14.1.1.4.3                Weaknesses and competitive threats    237

14.1.2      BAYER AG                 238

14.1.2.1  Business overview  238

14.1.2.2  Products/Solutions/Services offered     239

14.1.2.3  Recent developments              241

14.1.2.3.1                Product launches    241

14.1.2.3.2                Deals       242

14.1.2.3.3                Expansions               243

14.1.2.4  MnM view                 243

14.1.2.4.1                Key strengths           243

14.1.2.4.2                Strategic choices     243

14.1.2.4.3                Weaknesses and competitive threats    243

14.1.3      CORTEVA 244

14.1.3.1  Business overview  244

14.1.3.2  Products/Solutions/Services offered     245

14.1.3.3  Recent developments              246

14.1.3.3.1                Product launches    246

14.1.3.3.2                Deals       247

14.1.3.4  MnM view                 248

14.1.3.4.1                Key strengths           248

14.1.3.4.2                Strategic choices     248

14.1.3.4.3                Weaknesses and competitive threats    249

14.1.4      SYNGENTA GROUP  250

14.1.4.1  Business overview  250

14.1.4.2  Products/Solutions/Services offered     251

14.1.4.3  Recent developments              252

14.1.4.3.1                Product launches    252

14.1.4.3.2                Deals       253

14.1.4.4  MnM view                 255

14.1.4.4.1                Key strengths           255

14.1.4.4.2                Strategic choices     255

14.1.4.4.3                Weaknesses and competitive threats    255

14.1.5      FMC CORPORATION 256

14.1.5.1  Business overview  256

14.1.5.2  Products/Solutions/Services offered     257

14.1.5.3  Recent developments              259

14.1.5.3.1                Product launches    259

14.1.5.3.2                Deals       260

14.1.5.4  MnM view                 261

14.1.5.4.1                Key strengths           261

14.1.5.4.2                Strategic choices     261

14.1.5.4.3                Weaknesses and competitive threats    261

14.1.6      UPL           262

14.1.6.1  Business overview  262

14.1.6.2  Products/Solutions/Services offered     263

14.1.6.3  Recent developments              264

14.1.6.3.1                Product launches    264

14.1.6.3.2                Deals       264

14.1.6.4  MnM view                 265

14.1.7      SUMITOMO CHEMICAL CO., LTD.              266

14.1.7.1  Business overview  266

14.1.7.2  Products/Solutions/Services offered     267

14.1.7.3  Recent developments              268

14.1.7.3.1                Product launches    268

14.1.7.3.2                Deals       269

14.1.7.3.3                Expansions               269

14.1.7.4  MnM view                 270

14.1.8      NIPPON SODA CO, LTD.            271

14.1.8.1  Business overview  271

14.1.8.2  Products/Solutions/Services offered     272

14.1.8.3  Recent developments              273

14.1.8.3.1                Product launches    273

14.1.8.4  MnM view                 273

14.1.9      NUFARM  274

14.1.9.1  Business overview  274

14.1.9.2  Products/Solutions/Services offered     275

14.1.9.3  Recent developments              276

14.1.9.3.1                Product launches    276

14.1.9.3.2                Deals       277

14.1.9.4  MnM view                 277

14.1.10   NISSAN CHEMICAL CORPORATION          278

14.1.10.1                 Business overview  278

14.1.10.2                 Products/Solutions/Services offered     279

14.1.10.3                 Recent developments              280

14.1.10.3.1              Product launches    280

14.1.10.3.2              Deals       280

14.1.10.3.3              Expansions               280

14.1.10.4                 MnM view                 281

14.1.11   AMERICAN VANGUARD CORPORATION   282

14.1.11.1                 Business overview  282

14.1.11.2                 Products/Solutions/Services offered     283

14.1.11.3                 Recent developments              283

14.1.11.3.1              Deals       283

14.1.11.4                 MnM view                 284

14.1.12   KUMIAI CHEMICAL INDUSTRY CO., LTD   285

14.1.12.1                 Business overview  285

14.1.12.2                 Products/Solutions/Services offered     286

14.1.12.3                 Recent developments              286

14.1.12.3.1              Product launches    286

14.1.12.4                 MnM view                 286

14.1.13   GOWAN COMPANY  287

14.1.13.1                 Business overview  287

14.1.13.2                 Product/Solutions/Services offered       287

14.1.13.3                 Recent developments              288

14.1.13.3.1              Product launches    288

14.1.13.3.2              Deals       288

14.1.13.3.3              Expansions               289

14.1.13.4                 MnM view                 289

14.1.14   ALBAUGH LLC           290

14.1.14.1                 Business overview  290

14.1.14.2                 Products/Solutions/Services offered     290

14.1.14.3                 Recent developments              291

14.1.14.3.1              Product launches    291

14.1.14.3.2              Deals       292

14.1.14.4                 MnM view                 293

14.1.15   KOPPERT 294

14.1.15.1                 Business overview  294

14.1.15.2                 Products/Solutions/Services offered     294

14.1.15.3                 Recent developments              295

14.1.15.3.1              Deals       295

14.1.15.3.2              Expansions               296

14.1.15.4                 MnM view                 296

14.2         OTHER PLAYERS (SMES/STARTUPS)      297

14.2.1      SIPCAM OXON SPA  297

14.2.1.1  Business overview  297

14.2.1.2  Products/Solutions/Services offered     297

14.2.1.3  Recent developments              298

14.2.1.3.1                Expansions               298

14.2.2      CERTIS USA L.L.C.    299

14.2.2.1  Business overview  299

14.2.2.2  Products/Solutions/Services offered     299

14.2.2.3  Recent developments              300

14.2.2.3.1                Product launches    300

14.2.2.3.2                Deals       301

14.2.2.3.3                Other developments                301

14.2.3      BIOBEST GROUP NV                 302

14.2.3.1  Business overview  302

14.2.3.2  Products/Solutions/Services offered     302

14.2.3.3  Recent developments              303

14.2.3.3.1                Product launches    303

14.2.3.3.2                Deals       304

14.2.4      STK BIO-AG TECHNOLOGIES   306

14.2.4.1  Business overview  306

14.2.4.2  Products/Solutions/Services offered     306

14.2.4.3  Recent developments              307

14.2.4.3.1                Product launches    307

14.2.5      VERDESIAN LIFE SCIENCES    308

14.2.5.1  Business overview  308

14.2.5.2  Product/Solutions/Services offered       308

14.2.6      VIVE CROP PROTECTION          309

14.2.7      CRYSTAL CROP PROTECTION LTD.           310

14.2.8      ATTICUS, LLC            311

14.2.9      SCIMPLIFY                312

14.2.10   BOTANO HEALTH     312

15             ADJACENT AND RELATED MARKETS       313

15.1         INTRODUCTION        313

15.2         LIMITATIONS            313

15.3         CROP PROTECTION CHEMICALS MARKET                313

15.3.1      MARKET DEFINITION                313

15.3.2      MARKET OVERVIEW 314

15.4         BIORATIONAL PESTICIDES MARKET        315

15.4.1      MARKET DEFINITION                315

15.4.2      MARKET OVERVIEW 315

15.5         AGROCHEMICALS MARKET     317

15.5.1      MARKET DEFINITION                317

15.5.2      MARKET OVERVIEW 317

16             APPENDIX                 320

16.1         DISCUSSION GUIDE 320

16.2         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                325

16.3         CUSTOMIZATION OPTIONS      327

16.4         RELATED REPORTS 327

16.5         AUTHOR DETAILS     328

LIST OF TABLES

TABLE 1   FUNGICIDES MARKET: INCLUSIONS & EXCLUSIONS               31

TABLE 2   USD EXCHANGE RATES CONSIDERED, 2019–2023               32

TABLE 3   KEY DATA FROM PRIMARY SOURCES     36

TABLE 4   FUNGICIDES MARKET SNAPSHOT, 2024 VS. 2029                 44

TABLE 5   FUNGICIDES MARKET: ECOSYSTEM       72

TABLE 6   AVERAGE SELLING PRICE (ASP) TREND OF KEY PLAYERS, BY TYPE, 2023 (USD/KG)                  75

TABLE 7   AVERAGE SELLING PRICE (ASP) TREND OF FUNGICIDES, BY TYPE,

2019–2023 (USD/KG)            75

TABLE 8   CHEMICAL FUNGICIDES: AVERAGE SELLING PRICE (ASP) TREND, BY REGION, 2019–2023 (USD/KG) 76

TABLE 9   BIOLOGICAL FUNGICIDES: AVERAGE SELLING PRICE (ASP) TREND, BY REGION, 2019–2023 (USD/KG)       77

TABLE 10 KEY PATENTS PERTAINING TO FUNGICIDES MARKET, 2014–2024      79

TABLE 11 EXPORT VALUE OF HS CODE 380892, BY KEY COUNTRY,

2019–2023 (USD THOUSAND)                83

TABLE 12 IMPORT VALUE OF HS CODE 380892, BY KEY COUNTRY,

2019–2023 (USD THOUSAND)                84

TABLE 13 FUNGICIDES MARKET: DETAILED LIST OF CONFERENCES AND EVENTS,

2024–2025             85

TABLE 14 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 86

TABLE 15 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 87

TABLE 16 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 88

TABLE 17 SOUTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 89

TABLE 18 MIDDLE EAST: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 89

TABLE 19 PORTER’S FIVE FORCES IMPACT ON FUNGICIDES MARKET   96

TABLE 20 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY MODE OF APPLICATION                  99

TABLE 21 KEY BUYING CRITERIA, BY MODE OF APPLICATION                 100

TABLE 22 FUNGICIDES MARKET, BY TYPE, 2019–2023 (USD MILLION)                 103

TABLE 23 FUNGICIDES MARKET, BY TYPE, 2024–2029 (USD MILLION)                 103

TABLE 24 FUNGICIDES MARKET, BY TYPE, 2019–2023 (KT) 103

TABLE 25 FUNGICIDES MARKET, BY TYPE, 2024–2029 (KT) 103

TABLE 26 BIOLOGICAL FUNGICIDES MARKET, BY REGION, 2019–2023 (USD MILLION)       104

TABLE 27 BIOLOGICAL FUNGICIDES MARKET, BY REGION, 2024–2029 (USD MILLION)       104

TABLE 28 BIOLOGICAL FUNGICIDES MARKET, BY REGION, 2019–2023 (KT)        105

TABLE 29 BIOLOGICAL FUNGICIDES MARKET, BY REGION, 2024–2029 (KT)        105

TABLE 30 BIOLOGICAL FUNGICIDES MARKET, BY SUBTYPE, 2019–2023 (USD MILLION)    105

TABLE 31 BIOLOGICAL FUNGICIDES MARKET, BY SUBTYPE, 2024–2029 (USD MILLION)    106

TABLE 32 BIOLOGICAL FUNGICIDES MARKET, BY MICROBIAL, 2019–2023 (USD MILLION) 106

TABLE 33 BIOLOGICAL FUNGICIDES MARKET, BY MICROBIAL, 2024–2029 (USD MILLION) 106

TABLE 34 BIOLOGICAL FUNGICIDES MARKET, BY BIOCHEMICAL, 2019–2023 (USD MILLION)                  106

TABLE 35 BIOLOGICAL FUNGICIDES MARKET, BY BIOCHEMICAL, 2024–2029 (USD MILLION)                  107

TABLE 36 CHEMICAL FUNGICIDES MARKET, BY REGION, 2019–2023 (USD MILLION)         111

TABLE 37 CHEMICAL FUNGICIDES MARKET, BY REGION, 2024–2029 (USD MILLION)         111

TABLE 38 CHEMICAL FUNGICIDES MARKET, BY REGION, 2019–2023 (KT)           111

TABLE 39 CHEMICAL FUNGICIDES MARKET, BY REGION, 2024–2029 (KT)           112

TABLE 40 CHEMICAL FUNGICIDES MARKET, BY SUBTYPE, 2019–2023 (USD MILLION)       112

TABLE 41 CHEMICAL FUNGICIDES MARKET, BY SUBTYPE, 2024–2029 (USD MILLION)       112

TABLE 42 FUNGICIDES MARKET, BY FORMULATION, 2019–2023 (USD MILLION)                 117

TABLE 43 FUNGICIDES MARKET, BY FORMULATION, 2024–2029 (USD MILLION)                 117

TABLE 44 LIQUID FUNGICIDES MARKET, BY SUBTYPE, 2019–2023 (USD MILLION)              118

TABLE 45 LIQUID FUNGICIDES MARKET, BY SUBTYPE, 2024–2029 (USD MILLION)              118

TABLE 46 LIQUID FUNGICIDES MARKET, BY REGION, 2019–2023 (USD MILLION)                119

TABLE 47 LIQUID FUNGICIDES MARKET, BY REGION, 2024–2029 (USD MILLION)                119

TABLE 48 DRY FUNGICIDES MARKET, BY TYPE, 2019–2023 (USD MILLION)        121

TABLE 49 DRY FUNGICIDES MARKET, BY TYPE, 2024–2029 (USD MILLION)        121

TABLE 50 DRY FUNGICIDES MARKET, BY REGION, 2019–2023 (USD MILLION)   122

TABLE 51 DRY FUNGICIDES MARKET, BY REGION, 2024–2029 (USD MILLION)   122

TABLE 52 FUNGICIDES MARKET, BY MODE OF ACTION, 2019–2023 (USD MILLION)            125

TABLE 53 FUNGICIDES MARKET, BY MODE OF ACTION, 2024–2029 (USD MILLION)            126

TABLE 54 CONTACT FUNGICIDES MARKET, BY REGION, 2019–2023 (USD MILLION)            126

TABLE 55 CONTACT FUNGICIDES MARKET, BY REGION, 2024–2029 (USD MILLION)            127

TABLE 56 SYSTEMIC FUNGICIDES MARKET, BY REGION, 2019–2023 (USD MILLION)          128

TABLE 57 SYSTEMIC FUNGICIDES MARKET, BY REGION, 2024–2029 (USD MILLION)          128

TABLE 58 FUNGICIDES MARKET, BY MODE OF APPLICATION, 2019–2023 (USD MILLION)  130

TABLE 59 FUNGICIDES MARKET, BY MODE OF APPLICATION, 2024–2029 (USD MILLION)  131

TABLE 60 SEED TREATMENT: FUNGICIDES MARKET, BY REGION, 2019–2023 (USD MILLION)                  132

TABLE 61 SEED TREATMENT: FUNGICIDES MARKET, BY REGION, 2024–2029 (USD MILLION)                  132

TABLE 62 SOIL TREATMENT: FUNGICIDES MARKET, BY REGION, 2019–2023 (USD MILLION)                  133

TABLE 63 SOIL TREATMENT: FUNGICIDES MARKET, BY REGION, 2024–2029 (USD MILLION)                  133

TABLE 64 FOLIAR SPRAY: FUNGICIDES MARKET, BY REGION, 2019–2023 (USD MILLION)  134

TABLE 65 FOLIAR SPRAY: FUNGICIDES MARKET, BY REGION, 2024–2029 (USD MILLION)  134

TABLE 66 OTHER MODES OF APPLICATION: FUNGICIDES MARKET, BY REGION,

2019–2023 (USD MILLION)   135

TABLE 67 OTHER MODES OF APPLICATION: FUNGICIDES MARKET, BY REGION,

2024–2029 (USD MILLION)   135

TABLE 68 FUNGICIDES MARKET, BY CROP TYPE, 2019–2023 (USD MILLION)      138

TABLE 69 FUNGICIDES MARKET, BY CROP TYPE, 2024–2029 (USD MILLION)      138

TABLE 70 CEREALS & GRAINS: FUNGICIDES MARKET, BY SUBTYPE,

2019–2023 (USD MILLION)   139

TABLE 71 CEREALS & GRAINS: FUNGICIDES MARKET, BY SUBTYPE,

2024–2029 (USD MILLION)   139

TABLE 72 CEREALS & GRAINS: FUNGICIDES MARKET, BY REGION,

2019–2023 (USD MILLION)   140

TABLE 73 CEREALS & GRAINS: FUNGICIDES MARKET, BY REGION,

2024–2029 (USD MILLION)   140

TABLE 74 OILSEEDS & PULSES: FUNGICIDES MARKET, BY SUBTYPE,

2019–2023 (USD MILLION)   143

TABLE 75 OILSEEDS & PULSES: FUNGICIDES MARKET, BY SUBTYPE,

2024–2029 (USD MILLION)   143

TABLE 76 OILSEEDS & PULSES: FUNGICIDES MARKET, BY REGION,

2019–2023 (USD MILLION)   144

TABLE 77 OILSEEDS & PULSES: FUNGICIDES MARKET, BY REGION,

2024–2029 (USD MILLION)   144

TABLE 78 FRUITS & VEGETABLES: FUNGICIDES MARKET, BY SUBTYPE,

2019–2023 (USD MILLION)   147

TABLE 79 FRUITS & VEGETABLES: FUNGICIDES MARKET, BY SUBTYPE,

2024–2029 (USD MILLION)   147

TABLE 80 FRUITS & VEGETABLES: FUNGICIDES MARKET, BY REGION,

2019–2023 (USD MILLION)   147

TABLE 81 FRUITS & VEGETABLES: FUNGICIDES MARKET, BY REGION,

2024–2029 (USD MILLION)   148

TABLE 82 OTHER CROP TYPES: FUNGICIDES MARKET, BY REGION,

2019–2023 (USD MILLION)   151

TABLE 83 OTHER CROP TYPES: FUNGICIDES MARKET, BY REGION,

2024–2029 (USD MILLION)   151

TABLE 84 FUNGICIDES MARKET, BY REGION, 2019–2023 (USD MILLION)            154

TABLE 85 FUNGICIDES MARKET, BY REGION, 2024–2029 (USD MILLION)            155

TABLE 86 FUNGICIDES MARKET, BY REGION, 2019–2023 (KT)             155

TABLE 87 FUNGICIDES MARKET, BY REGION, 2024–2029 (KT)             155

TABLE 88 FUNGICIDES MARKET, BY TYPE, 2019–2023 (USD MILLION)                 156

TABLE 89 FUNGICIDES MARKET, BY TYPE, 2024–2029 (USD MILLION)                 156

TABLE 90 FUNGICIDES MARKET, BY TYPE, 2019–2023 (KT) 156

TABLE 91 FUNGICIDES MARKET, BY TYPE, 2024–2029 (KT) 156

TABLE 92 FUNGICIDES MARKET, BY CROP TYPE, 2019–2023 (USD MILLION)      157

TABLE 93 FUNGICIDES MARKET, BY CROP TYPE, 2024–2029 (USD MILLION)      157

TABLE 94 FUNGICIDES MARKET, BY MODE OF APPLICATION, 2019–2023 (USD MILLION)  157

TABLE 95 FUNGICIDES MARKET, BY MODE OF APPLICATION, 2024–2029 (USD MILLION)  158

TABLE 96 FUNGICIDES MARKET, BY FORMULATION, 2019–2023 (USD MILLION)                 158

TABLE 97 FUNGICIDES MARKET, BY FORMULATION, 2024–2029 (USD MILLION)                 158

TABLE 98 FUNGICIDES MARKET, BY MODE OF ACTION, 2019–2023 (USD MILLION)            158

TABLE 99 FUNGICIDES MARKET, BY MODE OF ACTION, 2024–2029 (USD MILLION)            159

TABLE 100               NORTH AMERICA: FUNGICIDES MARKET, BY COUNTRY, 2019–2023 (USD MILLION) 159

TABLE 101               NORTH AMERICA: FUNGICIDES MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 160

TABLE 102               NORTH AMERICA: FUNGICIDES MARKET, BY TYPE, 2019–2023 (USD MILLION)                  160

TABLE 103               NORTH AMERICA: FUNGICIDES MARKET, BY TYPE, 2024–2029 (USD MILLION)                  160

TABLE 104               NORTH AMERICA: FUNGICIDES MARKET, BY TYPE, 2019–2023 (KT)    160

TABLE 105               NORTH AMERICA: FUNGICIDES MARKET, BY TYPE, 2024–2029 (KT)    161

TABLE 106               NORTH AMERICA: FUNGICIDES MARKET, BY CROP TYPE,

2019–2023 (USD MILLION)   161

TABLE 107               NORTH AMERICA: FUNGICIDES MARKET, BY CROP TYPE,

2024–2029 (USD MILLION)   161

TABLE 108               NORTH AMERICA: FUNGICIDES MARKET, BY MODE OF APPLICATION,

2019–2023 (USD MILLION)   162

TABLE 109               NORTH AMERICA: FUNGICIDES MARKET, BY MODE OF APPLICATION,

2024–2029 (USD MILLION)   162

TABLE 110               NORTH AMERICA: FUNGICIDES MARKET, BY FORMULATION,

2019–2023 (USD MILLION)   162

TABLE 111               NORTH AMERICA: FUNGICIDES MARKET, BY FORMULATION,

2024–2029 (USD MILLION)   162

TABLE 112               NORTH AMERICA: FUNGICIDES MARKET, BY MODE OF ACTION,

2019–2023 (USD MILLION)   163

TABLE 113               NORTH AMERICA: FUNGICIDES MARKET, BY MODE OF ACTION,

2024–2029 (USD MILLION)   163

TABLE 114               US: FUNGICIDES MARKET, BY TYPE, 2019–2023 (USD MILLION)          164

TABLE 115               US: FUNGICIDES MARKET, BY TYPE, 2024–2029 (USD MILLION)          164

TABLE 116               CANADA: FUNGICIDES MARKET, BY TYPE, 2019–2023 (USD MILLION) 165

TABLE 117               CANADA: FUNGICIDES MARKET, BY TYPE, 2024–2029 (USD MILLION) 165

TABLE 118               MEXICO: FUNGICIDES MARKET, BY TYPE, 2019–2023 (USD MILLION) 166

TABLE 119               MEXICO: FUNGICIDES MARKET, BY TYPE, 2024–2029 (USD MILLION) 166

TABLE 120               EUROPE: FUNGICIDES MARKET, BY COUNTRY, 2019–2023 (USD MILLION)                  167

TABLE 121               EUROPE: FUNGICIDES MARKET, BY COUNTRY, 2024–2029 (USD MILLION)                  167

TABLE 122               EUROPE: FUNGICIDES MARKET, BY TYPE, 2019–2023 (USD MILLION) 167

TABLE 123               EUROPE: FUNGICIDES MARKET, BY TYPE, 2024–2029 (USD MILLION) 168

TABLE 124               EUROPE: FUNGICIDES MARKET, BY TYPE, 2019–2023 (KT) 168

TABLE 125               EUROPE: FUNGICIDES MARKET, BY TYPE, 2024–2029 (KT) 168

TABLE 126               EUROPE: FUNGICIDES MARKET, BY CROP TYPE, 2019–2023 (USD MILLION)                  168

TABLE 127               UROPE: FUNGICIDES MARKET, BY CROP TYPE, 2024–2029 (USD MILLION)                  169

TABLE 128               EUROPE: FUNGICIDES MARKET, BY MODE OF APPLICATION,

2019–2023 (USD MILLION)   169

TABLE 129               EUROPE: FUNGICIDES MARKET, BY MODE OF APPLICATION,

2024–2029 (USD MILLION)   169

TABLE 130               EUROPE: FUNGICIDES MARKET, BY FORMULATION, 2019–2023 (USD MILLION)                  170

TABLE 131               EUROPE: FUNGICIDES MARKET, BY FORMULATION, 2024–2029 (USD MILLION)                  170

TABLE 132               EUROPE: FUNGICIDES MARKET, BY MODE OF ACTION, 2019–2023 (USD MILLION) 170

TABLE 133               EUROPE: FUNGICIDES MARKET, BY MODE OF ACTION, 2024–2029 (USD MILLION) 170

TABLE 134               GERMANY: FUNGICIDES MARKET, BY TYPE, 2019–2023 (USD MILLION)                  171

TABLE 135               GERMANY: FUNGICIDES MARKET, BY TYPE, 2024–2029 (USD MILLION)                  171

TABLE 136               UK: FUNGICIDES MARKET, BY TYPE, 2019–2023 (USD MILLION)         172

TABLE 137               UK: FUNGICIDES MARKET, BY TYPE, 2024–2029 (USD MILLION)         172

TABLE 138               FRANCE: FUNGICIDES MARKET, BY TYPE, 2019–2023 (USD MILLION) 173

TABLE 139               FRANCE: FUNGICIDES MARKET, BY TYPE, 2024–2029 (USD MILLION) 173

TABLE 140               SPAIN: FUNGICIDES MARKET, BY TYPE, 2019–2023 (USD MILLION)    174

TABLE 141               SPAIN: FUNGICIDES MARKET, BY TYPE, 2024–2029 (USD MILLION)    174

TABLE 142               ITALY: FUNGICIDES MARKET, BY TYPE, 2019–2023 (USD MILLION)     175

TABLE 143               ITALY: FUNGICIDES MARKET, BY TYPE, 2024–2029 (USD MILLION)     175

TABLE 144               RUSSIA: FUNGICIDES MARKET, BY TYPE, 2019–2023 (USD MILLION) 176

TABLE 145               RUSSIA: FUNGICIDES MARKET, BY TYPE, 2024–2029 (USD MILLION) 176

TABLE 146               REST OF EUROPE: FUNGICIDES MARKET, BY TYPE, 2019–2023 (USD MILLION)                  177

TABLE 147               REST OF EUROPE: FUNGICIDES MARKET, BY TYPE, 2024–2029 (USD MILLION)                  177

TABLE 148               ASIA PACIFIC: FUNGICIDES MARKET, BY COUNTRY, 2019–2023 (USD MILLION)                  180

TABLE 149               ASIA PACIFIC: FUNGICIDES MARKET, BY COUNTRY, 2024–2029 (USD MILLION)                  180

TABLE 150               ASIA PACIFIC: FUNGICIDES MARKET, BY TYPE, 2019–2023 (USD MILLION)                  180

TABLE 151               ASIA PACIFIC: FUNGICIDES MARKET, BY TYPE, 2024–2029 (USD MILLION)                  181

TABLE 152               ASIA PACIFIC: FUNGICIDES MARKET, BY TYPE, 2019–2023 (KT)           181

TABLE 153               ASIA PACIFIC: FUNGICIDES MARKET, BY TYPE, 2024–2029 (KT)           181

TABLE 154               ASIA PACIFIC: FUNGICIDES MARKET, BY CROP TYPE, 2019–2023 (USD MILLION) 181

TABLE 155               ASIA PACIFIC: FUNGICIDES MARKET, BY CROP TYPE, 2024–2029 (USD MILLION) 182

TABLE 156               ASIA PACIFIC: FUNGICIDES MARKET, BY MODE OF APPLICATION,

2019–2023 (USD MILLION)   182

TABLE 157               ASIA PACIFIC: FUNGICIDES MARKET, BY MODE OF APPLICATION,

2024–2029 (USD MILLION)   182

TABLE 158               ASIA PACIFIC: FUNGICIDES MARKET, BY FORMULATION,

2019–2023 (USD MILLION)   183

TABLE 159               ASIA PACIFIC: FUNGICIDES MARKET, BY FORMULATION,

2024–2029 (USD MILLION)   183

TABLE 160               ASIA PACIFIC: FUNGICIDES MARKET, BY MODE OF ACTION,

2019–2023 (USD MILLION)   183

TABLE 161               ASIA PACIFIC: FUNGICIDES MARKET, BY MODE OF ACTION,

2024–2029 (USD MILLION)   183

TABLE 162               CHINA: FUNGICIDES MARKET, BY TYPE, 2019–2023 (USD MILLION)   184

TABLE 163               CHINA: FUNGICIDES MARKET, BY TYPE, 2024–2029 (USD MILLION)   184

TABLE 164               INDIA: FUNGICIDES MARKET, BY TYPE, 2019–2023(USD MILLION)      185

TABLE 165               INDIA: FUNGICIDES MARKET, BY TYPE, 2024–2029 (USD MILLION)     185

TABLE 166               JAPAN: FUNGICIDES MARKET, BY TYPE, 2019–2023 (USD MILLION)    186

TABLE 167               JAPAN: FUNGICIDES MARKET, BY TYPE, 2024–2029 (USD MILLION)    186

TABLE 168               AUSTRALIA: FUNGICIDES MARKET, BY TYPE, 2019–2023 (USD MILLION)                  187

TABLE 169               AUSTRALIA: FUNGICIDES MARKET, BY TYPE, 2024–2029 (USD MILLION)                  187

TABLE 170               INDONESIA: FUNGICIDES MARKET, BY TYPE, 2019–2023 (USD MILLION)                  188

TABLE 171               INDONESIA: FUNGICIDES MARKET, BY TYPE, 2024–2029 (USD MILLION)                  189

TABLE 172               REST OF ASIA PACIFIC: FUNGICIDES MARKET, BY TYPE,

2019–2023 (USD MILLION)   190

TABLE 173               REST OF ASIA PACIFIC: FUNGICIDES MARKET, BY TYPE,

2024–2029 (USD MILLION)   190

TABLE 174               SOUTH AMERICA: FUNGICIDES MARKET, BY COUNTRY, 2019–2023 (USD MILLION) 191

TABLE 175               SOUTH AMERICA: FUNGICIDES MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 192

TABLE 176               SOUTH AMERICA: FUNGICIDES MARKET, BY TYPE, 2019–2023 (USD MILLION)                  192

TABLE 177               SOUTH AMERICA: FUNGICIDES MARKET, BY TYPE, 2024–2029 (USD MILLION)                  192

TABLE 178               SOUTH AMERICA: FUNGICIDES MARKET, BY TYPE, 2019–2023 (KT)    192

TABLE 179               SOUTH AMERICA: FUNGICIDES MARKET, BY TYPE, 2024–2029 (KT)    193

TABLE 180               SOUTH AMERICA: FUNGICIDES MARKET, BY CROP TYPE,

2019–2023 (USD MILLION)   193

TABLE 181               SOUTH AMERICA: FUNGICIDES MARKET, BY CROP TYPE,

2024–2029 (USD MILLION) 193

TABLE 182               SOUTH AMERICA: FUNGICIDES MARKET, BY MODE OF APPLICATION,

2019–2023 (USD MILLION)   194

TABLE 183               SOUTH AMERICA: FUNGICIDES MARKET, BY MODE OF APPLICATION,

2024–2029 (USD MILLION)   194

TABLE 184               SOUTH AMERICA: FUNGICIDES MARKET, BY FORMULATION,

2019–2023 (USD MILLION)   194

TABLE 185               SOUTH AMERICA: FUNGICIDES MARKET, BY FORMULATION,

2024–2029 (USD MILLION)   194

TABLE 186               SOUTH AMERICA: FUNGICIDES MARKET, BY MODE OF ACTION,

2019–2023 (USD MILLION)   195

TABLE 187               SOUTH AMERICA: FUNGICIDES MARKET, BY MODE OF ACTION,

2024–2029 (USD MILLION)   195

TABLE 188               BRAZIL: FUNGICIDES MARKET, BY TYPE, 2019–2023 (USD MILLION)  196

TABLE 189               BRAZIL: FUNGICIDES MARKET, BY TYPE, 2024–2029 (USD MILLION)  196

TABLE 190               ARGENTINA: FUNGICIDES MARKET, BY TYPE, 2019–2023 (USD MILLION)                  197

TABLE 191               ARGENTINA: FUNGICIDES MARKET, BY TYPE, 2024–2029 (USD MILLION)                  197

TABLE 192               REST OF SOUTH AMERICA: FUNGICIDES MARKET, BY TYPE,

2019–2023 (USD MILLION)   198

TABLE 193               REST OF SOUTH AMERICA: FUNGICIDES MARKET, BY TYPE,

2024–2029 (USD MILLION)   198

TABLE 194               ROW: FUNGICIDES MARKET, BY REGION, 2019–2023 (USD MILLION) 199

TABLE 195               ROW: FUNGICIDES MARKET, BY REGION, 2024–2029 (USD MILLION) 199

TABLE 196               ROW: FUNGICIDES MARKET, BY TYPE, 2019–2023 (USD MILLION)      199

TABLE 197               ROW: FUNGICIDES MARKET, BY TYPE, 2024–2029 (USD MILLION)      199

TABLE 198               ROW: FUNGICIDES MARKET, BY TYPE, 2019–2023 (KT)       200

TABLE 199               ROW: FUNGICIDES MARKET, BY TYPE, 2024–2029 (KT)       200

TABLE 200               ROW: FUNGICIDES MARKET, BY CROP TYPE, 2019–2023 (USD MILLION)                  200

TABLE 201               ROW: FUNGICIDES MARKET, BY CROP TYPE, 2024–2029 (USD MILLION)                  200

TABLE 202               ROW: FUNGICIDES MARKET, BY MODE OF APPLICATION,

2019–2023 (USD MILLION)   201

TABLE 203               ROW: FUNGICIDES MARKET, BY MODE OF APPLICATION,

2024–2029 (USD MILLION)   201

TABLE 204               ROW: FUNGICIDES MARKET, BY FORMULATION, 2019–2023 (USD MILLION)                  201

TABLE 205               ROW: FUNGICIDES MARKET, BY FORMULATION, 2024–2029 (USD MILLION)                  201

TABLE 206               ROW: FUNGICIDES MARKET, BY MODE OF ACTION, 2019–2023 (USD MILLION)                  202

TABLE 207               ROW: FUNGICIDES MARKET, BY MODE OF ACTION, 2024–2029 (USD MILLION)                  202

TABLE 208               MIDDLE EAST: FUNGICIDES MARKET, BY TYPE, 2019–2023 (USD MILLION)                  203

TABLE 209               MIDDLE EAST: FUNGICIDES MARKET, BY TYPE, 2024–2029 (USD MILLION)                  203

TABLE 210               AFRICA: FUNGICIDES MARKET, BY TYPE, 2019–2023 (USD MILLION)  204

TABLE 211               AFRICA: FUNGICIDES MARKET, BY TYPE, 2024–2029 (USD MILLION)  204

TABLE 212               OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN

FUNGICIDES MARKET, 2020–2024       206

TABLE 213               FUNGICIDES MARKET: DEGREE OF COMPETITION 209

TABLE 214               FUNGICIDES MARKET: TYPE FOOTPRINT                 214

TABLE 215               FUNGICIDES MARKET: FORMULATION FOOTPRINT 215

TABLE 216               FUNGICIDES MARKET: MODE OF APPLICATION FOOTPRINT  216

TABLE 217               FUNGICIDES MARKET: REGION FOOTPRINT            217

TABLE 218               FUNGICIDES MARKET: LIST OF KEY STARTUPS/SMES           220

TABLE 219               FUNGICIDES MARKET: COMPETITIVE BENCHMARKING OF

KEY STARTUPS/SMES, 2023 221

TABLE 220               FUNGICIDES MARKET: PRODUCT/SERVICE LAUNCHES,

JANUARY 2020–AUGUST 2024               224

TABLE 221               FUNGICIDES MARKET: DEALS, JANUARY 2020–AUGUST 2024              226

TABLE 222               FUNGICIDES MARKET: EXPANSIONS, JANUARY 2020–AUGUST 2024   228

TABLE 223               BASF SE: COMPANY OVERVIEW               231

TABLE 224               BASF SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED        233

TABLE 225               BASF SE: PRODUCT LAUNCHES               234

TABLE 226               BASF SE: DEALS      236

TABLE 227               BASF SE: EXPANSIONS            236

TABLE 228               BAYER AG: COMPANY OVERVIEW            238

TABLE 229               BAYER AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED      239

TABLE 230               BAYER AG: PRODUCT LAUNCHES             241

TABLE 231               BAYER AG: DEALS    242

TABLE 232               BAYER AG: EXPANSIONS         243

TABLE 233               CORTEVA: COMPANY OVERVIEW              244

TABLE 234               CORTEVA: PRODUCTS/SOLUTIONS/SERVICES OFFERED       245

TABLE 235               CORTEVA INC: PRODUCT LAUNCHES       246

TABLE 236               CORTEVA: DEALS     247

TABLE 237               SYNGENTA GROUP: COMPANY OVERVIEW               250

TABLE 238               SYNGENTA GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED        251

TABLE 239               SYNGENTA GROUP: PRODUCT LAUNCHES               252

TABLE 240               SYNGENTA GROUP: DEALS      253

TABLE 241               FMC CORPORATION: COMPANY OVERVIEW             256

TABLE 242               FMC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED      257

TABLE 243               FMC CORPORATION: PRODUCT LAUNCHES             259

TABLE 244               FMC CORPORATION: DEALS    260

TABLE 245               UPL: COMPANY OVERVIEW      262

TABLE 246               UPL: PRODUCTS/SOLUTIONS/SERVICES OFFERED                263

TABLE 247               UPL: PRODUCT LAUNCHES      264

TABLE 248               UPL: DEALS              264

TABLE 249               SUMITOMO CHEMICALS CO., LTD: COMPANY OVERVIEW       266

TABLE 250               SUMITOMO CHEMICAL CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED                  267

TABLE 251               SUMITOMO CHEMICAL CO., LTD.: PRODUCT LAUNCHES         268

TABLE 252               SUMITOMO CHEMICAL CO., LTD.: DEALS                 269

TABLE 253               SUMITOMO CHEMICAL CO., LTD.: EXPANSIONS      269

TABLE 254               NIPPON SODA CO. LTD.: COMPANY OVERVIEW       271

TABLE 255               NIPPON SODA CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED                  272

TABLE 256               NIPPON SODA CO., LTD.: PRODUCT LAUNCHES      273

TABLE 257               NUFARM: COMPANY OVERVIEW              274

TABLE 258               NUFARM: PRODUCTS/SOLUTIONS/SERVICES OFFERED        275

TABLE 259               NUFARM: PRODUCT LAUNCHES               276

TABLE 260               NUFARM: DEALS      277

TABLE 261               NISSAN CHEMICAL CORPORATION: COMPANY OVERVIEW     278

TABLE 262               NISSAN CHEMICAL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 279

TABLE 263               NISSAN CHEMICAL CORPORATION: PRODUCT LAUNCHES     280

TABLE 264               NISSAN CHEMICAL CORPORATION: DEALS              280

TABLE 265               NISSAN CHEMICAL CORPORATION: EXPANSIONS  280

TABLE 266               AMERICAN VANGUARD CORPORATION: COMPANY OVERVIEW                282

TABLE 267               AMERICAN VANGUARD CORPORATION: PRODUCTS/SOLUTIONS/

SERVICES OFFERED                 283

TABLE 268               AMERICAN VANGUARD CORPORATION: DEALS       283

TABLE 269               KUMIAI CHEMICAL INDUSTRY CO., LTD: COMPANY OVERVIEW               285

TABLE 270               KUMIAI CHEMICAL INDUSTRY CO., LTD: PRODUCTS/SOLUTIONS/

SERVICES OFFERED                 286

TABLE 271               KUMIAI CHEMICAL INDUSTRY CO., LTD: PRODUCT LAUNCHES               286

TABLE 272               GOWAN COMPANY: COMPANY OVERVIEW               287

TABLE 273               GOWAN COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED        287

TABLE 274               GOWAN COMPANY: PRODUCT LAUNCHES               288

TABLE 275               GOWAN COMPANY: DEALS      288

TABLE 276               GOWAN COMPANY: EXPANSIONS            289

TABLE 277               ALBAUGH LLC: COMPANY OVERVIEW      290

TABLE 278               ALBAUGH LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED                290

TABLE 279               ALBAUGH LLC: PRODUCT LAUNCHES      291

TABLE 280               ALBAUGH LLC: DEALS              292

TABLE 281               KOPPERT: COMPANY OVERVIEW             294

TABLE 282               KOPPERT: PRODUCTS/SOLUTIONS/SERVICES OFFERED       294

TABLE 283               KOPPERT: DEALS    295

TABLE 284               KOPPERT: EXPANSIONS          296

TABLE 285               SIPCAM OXON SPA: COMPANY OVERVIEW              297

TABLE 286               SIPCAM OXON SPA: PRODUCTS/SOLUTIONS/SERVICES OFFERED        297

TABLE 287               SIPCAM OXON SPA: DEALS      298

TABLE 288               SIPCAM OXON SPA: EXPANSIONS           298

TABLE 289               CERTIS USA L.L.C.: COMPANY OVERVIEW                299

TABLE 290               CERTIS USA L.L.C.: PRODUCTS/SOLUTIONS/SERVICES OFFERED         299

TABLE 291               CERTIS USA L.L.C.: PRODUCT LAUNCHES                300

TABLE 292               CERTIS USA L.L.C.: DEALS       301

TABLE 293               CERTIS USA L.L.C.: OTHER DEVELOPMENTS           301

TABLE 294               BIOBEST GROUP NV: COMPANY OVERVIEW            302

TABLE 295               BIOBEST GROUP NV: PRODUCTS/SOLUTIONS/SERVICES OFFERED      302

TABLE 296               BIOBEST GROUP NV: PRODUCT LAUNCHES             303

TABLE 297               BIOBEST GROUP NV: DEALS    304

TABLE 298               STK BIO-AG TECHNOLOGIES: COMPANY OVERVIEW                306

TABLE 299               STK BIO-AG TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED                  306

TABLE 300               STK BIO-AG TECHNOLOGIES: PRODUCT LAUNCHES                307

TABLE 301               VERDESIAN LIFE SCIENCES: BUSINESS OVERVIEW                 308

TABLE 302               VERDESIAN LIFE SCIENCES: PRODUCTS/SOLUTIONS/SERVICES OFFERED                  308

TABLE 303               VIVE CROP PROTECTION: COMPANY OVERVIEW     309

TABLE 304               CRYSTAL CROP PROTECTION LTD.: COMPANY OVERVIEW      310

TABLE 305               ATTICUS, LLC: COMPANY OVERVIEW       311

TABLE 306               SCIMPLIFY: COMPANY OVERVIEW           312

TABLE 307               BOTANO HEALTH: COMPANY OVERVIEW 312

TABLE 308               ADJACENT MARKETS                313

TABLE 309               CROP PROTECTION CHEMICALS MARKET, BY TYPE, 2019–2023 (USD MILLION)                  314

TABLE 310               CROP PROTECTION CHEMICALS MARKET, BY TYPE, 2024–2029 (USD MILLION)                  314

TABLE 311               CROP PROTECTION CHEMICALS MARKET, BY TYPE, 2019–2023 (KT)  314

TABLE 312               CROP PROTECTION CHEMICALS MARKET, BY TYPE, 2024–2029 (KT)  315

TABLE 313               LIST OF PLANT PRODUCTS REGISTERED AS BIOPESTICIDES 316

TABLE 314               BIORATIONAL PESTICIDES MARKET, BY SOURCE, 2018–2022 (USD MILLION)                  317

TABLE 315               BIORATIONAL PESTICIDES MARKET, BY SOURCE, 2023–2028 (USD MILLION)                  317

TABLE 316               AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (USD MILLION)        318

TABLE 317               AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (USD MILLION)        318

TABLE 318               AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (KILOTONS)             318

TABLE 319               AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (KILOTONS)             319

LIST OF FIGURES

FIGURE 1 FUNGICIDES MARKET SEGMENTATION  30

FIGURE 2 FUNGICIDES MARKET: RESEARCH DESIGN             34

FIGURE 3 FUNGICIDES MARKET: DEMAND-SIDE CALCULATION              39

FIGURE 4 FUNGICIDES MARKET SIZE ESTIMATION STEPS AND RESPECTIVE SOURCES: SUPPLY SIDE                  40

FIGURE 5 FUNGICIDES MARKET: SUPPLY-SIDE ANALYSIS     41

FIGURE 6 DATA TRIANGULATION METHODOLOGY  42

FIGURE 7 CHEMICAL FUNGICIDES TO DOMINATE MARKET DURING FORECAST PERIOD       45

FIGURE 8 LIQUID FORMULATIONS TO HOLD LARGER SHARE DURING FORECAST PERIOD    45

FIGURE 9 SYSTEMIC FUNGICIDES TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD    46

FIGURE 10                FUNGICIDES MARKET, BY MODE OF APPLICATION, 2024 VS. 2029 (USD MILLION) 46

FIGURE 11                FUNGICIDES MARKET, BY CROP TYPE, 2024 VS. 2029 (USD MILLION) 47

FIGURE 12                FUNGICIDES MARKET SHARE (2023) AND CAGR (2024–2029), BY REGION                  48

FIGURE 13                INCREASING AGRICULTURAL PRODUCTIVITY DEMANDS AND ADOPTION OF ADVANCED FARMING PRACTICES TO DRIVE MARKET             49

FIGURE 14                CHEMICAL FUNGICIDES SEGMENT & CHINA TO ACCOUNT FOR LARGEST

SHARES IN 2024     50

FIGURE 15                US TO ACCOUNT FOR LARGEST SHARE (BY VALUE) IN 2024 50

FIGURE 16                CHEMICAL FUNGICIDES SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN ASIA PACIFIC DURING FORECAST PERIOD          51

FIGURE 17                LIQUID SEGMENT TO DOMINATE MARKET DURING REVIEW PERIOD     52

FIGURE 18                SYSTEMIC SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE

DURING STUDY PERIOD           53

FIGURE 19                FOLIAR SPRAY TO ACCOUNT FOR LARGEST MARKET SHARE DURING STUDY PERIOD    54

FIGURE 20                CEREALS & GRAINS TO ACCOUNT FOR LARGEST MARKET SHARE

DURING STUDY PERIOD           55

FIGURE 21                GLOBAL AGRICULTURAL FUNGICIDES & BACTERICIDES USE LAND,

2018–2022 (KT)     56

FIGURE 22                GLOBAL AGRICULTURAL LAND AREA (2017–2021)                57

FIGURE 23                AREA HARVESTED UNDER FRUITS AND VEGETABLES, 2018–2022 (MILLION HECTARES)               58

FIGURE 24                FUNGICIDES MARKET DYNAMICS            59

FIGURE 25                ADOPTION OF GEN AI IN FUNGICIDE PRODUCTION PROCESS                 64

FIGURE 26                FUNGICIDES MARKET: TRENDS/DISRUPTING IMPACTING CUSTOMERS’ BUSINESSES            68

FIGURE 27                FUNGICIDES MARKET: VALUE CHAIN ANALYSIS     69

FIGURE 28                KEY STAKEHOLDERS IN FUNGICIDES MARKET ECOSYSTEM 72

FIGURE 29                AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TYPE, 2023     74

FIGURE 30                AVERAGE SELLING PRICE TREND OF FUNGICIDES, BY TYPE, 2019–2023 (USD/KG) 75

FIGURE 31                CHEMICAL FUNGICIDES: AVERAGE SELLING PRICE TREND, BY REGION (USD/KG) 76

FIGURE 32                BIOLOGICAL FUNGICIDES: AVERAGE SELLING PRICE TREND, BY REGION (USD/KG) 77

FIGURE 33                PATENTS GRANTED FOR FUNGICIDES MARKET, 2014–2024                78

FIGURE 34                REGIONAL ANALYSIS OF PATENTS GRANTED FOR FUNGICIDES MARKET,

2014–2024             78

FIGURE 35                EXPORT VALUE FOR HS CODE 380892, BY KEY COUNTRY,

2019–2023 (USD THOUSAND)                83

FIGURE 36                IMPORT VALUE OF HS CODE 380892, BY KEY COUNTRY,

2019–2023 (USD THOUSAND)                84

FIGURE 37                FUNGICIDES MARKET: PORTER’S FIVE FORCES ANALYSIS    96

FIGURE 38                INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY MODE OF APPLICATION            98

FIGURE 39                KEY BUYING CRITERIA, BY MODE OF APPLICATION                 99

FIGURE 40                INVESTMENT & FUNDING SCENARIO OF FEW MAJOR PLAYERS             100

FIGURE 41                FUNGICIDES MARKET, BY TYPE, 2024 VS. 2029 (USD MILLION)            102

FIGURE 42                FUNGICIDES MARKET, BY FORMULATION, 2024 VS. 2029 (USD MILLION)                  117

FIGURE 43                FUNGICIDES MARKET, BY MODE OF ACTION, 2024 VS. 2029 (USD MILLION)                  125

FIGURE 44                FUNGICIDES MARKET, BY MODE OF APPLICATION, 2024 VS. 2029 (USD MILLION) 130

FIGURE 45                FUNGICIDES MARKET, BY CROP TYPE, 2024 VS. 2029 (USD MILLION) 137

FIGURE 46                SPAIN PROJECTED TO RECORD HIGHEST CAGR IN FUNGICIDES MARKET                  154

FIGURE 47                ASIA PACIFIC: FUNGICIDES MARKET SNAPSHOT    179

FIGURE 48                SOUTH AMERICA: FUNGICIDES MARKET SNAPSHOT               191

FIGURE 49                SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS, 2019–2023 (USD BILLION)                  208

FIGURE 50                FUNGICIDES MARKET: MARKET SHARE ANALYSIS, 2023      209

FIGURE 51                RANKING OF TOP FIVE PLAYERS IN FUNGICIDES MARKET, 2023          210

FIGURE 52                FUNGICIDES MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023                  212

FIGURE 53                COMPANY FOOTPRINT             213

FIGURE 54                FUNGICIDES MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023        219

FIGURE 55                COMPANY VALUATION OF FEW MAJOR PLAYERS    222

FIGURE 56                EV/EBITDA OF KEY COMPANIES              222

FIGURE 57                BRAND/PRODUCT/SERVICE ANALYSIS, BY KEY BRAND         223

FIGURE 58                BASF SE: COMPANY SNAPSHOT              232

FIGURE 59                BAYER AG: COMPANY SNAPSHOT           239

FIGURE 60                CORTEVA: COMPANY SNAPSHOT             245

FIGURE 61                SYNGENTA GROUP: COMPANY SNAPSHOT              250

FIGURE 62                FMC CORPORATION: COMPANY SNAPSHOT            257

FIGURE 63                UPL LTD: COMPANY SNAPSHOT              263

FIGURE 64                SUMITOMO CHEMICALS CO., LTD.: COMPANY SNAPSHOT     267

FIGURE 65                NIPPON SODA CO. LTD: COMPANY SNAPSHOT       272

FIGURE 66                NUFARM: COMPANY SNAPSHOT              275

FIGURE 67                NISSAN CHEMICAL CORPORATION: COMPANY SNAPSHOT    279

FIGURE 68                AMERICAN VANGUARD CORPORATION: COMPANY SNAPSHOT               282

FIGURE 69                KUMIAI CHEMICAL INDUSTRY CO., LTD: COMPANY SNAPSHOT              285