Synthetic Chemical Agricultural Fungicide Market was valued at USD 18.5 Billion in 2022 and is projected to reach USD 27.3 Billion by 2030, growing at a CAGR of 6.6% from 2023 to 2030.
The synthetic chemical agricultural fungicide market is categorized based on the types of crops and plants on which these chemicals are applied. This segmentation allows for a better understanding of the market’s demand and growth potential in various sectors. The key applications include food crops, fruits, vegetables, flowers, and other specific crops. Each of these categories has its own unique requirements, challenges, and opportunities. By analyzing the demand for fungicides within these segments, companies can tailor their strategies to meet the evolving needs of different agricultural sectors. In this section, we will explore each subsegment in detail to understand the current landscape of the market.
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The food crops segment includes a variety of staple crops that are essential for global food production, such as cereals, grains, and legumes. Fungicides are widely used in this category to protect crops from various fungal diseases that can significantly impact yields and quality. With the rising global demand for food due to increasing population growth, the need for effective pest and disease management solutions in food crop production has intensified. Farmers are increasingly relying on synthetic chemical fungicides to protect their crops from diseases such as rust, blight, and mildew, which can otherwise lead to severe yield losses. As the demand for food continues to rise, the food crop segment of the synthetic chemical agricultural fungicide market is expected to grow at a robust rate, driven by the need for efficient crop protection technologies.
Fungicides in food crops are critical for maintaining crop health and ensuring high productivity. With the growing emphasis on global food security and sustainable farming practices, there is a strong focus on developing fungicides that are both highly effective and environmentally friendly. Moreover, the development of fungicide-resistant fungal strains has spurred innovations in fungicide formulations and application methods, leading to more effective solutions for managing fungal diseases. As a result, this market segment presents ample opportunities for manufacturers to introduce advanced fungicide products and increase their market share.
The fruits segment is a significant application area for synthetic chemical agricultural fungicides, as fruits are highly susceptible to fungal infections that can drastically reduce quality and shelf life. Common fungal diseases affecting fruits include powdery mildew, downy mildew, and anthracnose, all of which can lead to severe post-harvest losses if not properly managed. The growing global demand for fresh fruits, combined with the increasing trend of fruit exports, has raised the importance of using fungicides to maintain fruit health and quality. As consumer preferences shift toward fresh, high-quality produce, the fruit industry remains a key player in the agricultural fungicide market, with ongoing investments in innovative fungicide solutions to enhance fruit protection.
With the increasing adoption of organic farming practices, there is also growing demand for fungicides that align with organic certification standards. This shift has encouraged the development of alternative fungicides with fewer chemical residues. However, synthetic chemical fungicides continue to dominate the fruit segment, especially for large-scale commercial farming, where crop yield and quality are of utmost importance. The rising global trade in fruits, particularly in regions such as North America, Europe, and Asia, is further driving the demand for fungicides to ensure that fruits meet international standards for disease-free produce. This segment is poised for growth as new fungicide technologies emerge to meet the evolving demands of the fruit industry.
The vegetable sector is another major application area for synthetic chemical agricultural fungicides, as vegetables are highly susceptible to fungal diseases that can reduce both yield and marketability. Key diseases affecting vegetables include downy mildew, Fusarium wilt, and gray mold. Fungicides are used to control these diseases, which can otherwise lead to significant crop losses. With the growing global consumption of vegetables, driven by increased health consciousness and demand for plant-based diets, the vegetable segment of the market is expanding. Farmers are turning to synthetic chemical fungicides to ensure that their crops remain healthy and free from diseases that can compromise both quality and nutritional value. The need for efficient and reliable fungicides is expected to continue driving growth in this segment.
Furthermore, as urban agriculture and small-scale farming operations gain traction in various parts of the world, the vegetable sector is likely to experience further demand for effective fungicide solutions. The market is also being shaped by increasing environmental concerns, leading to a demand for fungicides that offer high efficacy while minimizing environmental impact. As the vegetable market becomes more globalized, manufacturers are focused on developing fungicide formulations that are effective across a wide range of growing conditions and vegetable types. This growth in the vegetable market is expected to continue, driven by increasing consumer demand for fresh and disease-free vegetables.
The flowers segment of the synthetic chemical agricultural fungicide market plays a crucial role in maintaining the aesthetic appeal and health of flowers, particularly in commercial floriculture. Flowers are highly susceptible to fungal diseases such as powdery mildew, botrytis, and gray mold, which can significantly reduce the quality and lifespan of cut flowers. Fungicides are used to control these diseases, ensuring that flowers reach the market in optimal condition. The increasing popularity of floriculture, both for decorative purposes and as an industry for flower exports, has heightened the demand for effective fungicides in this segment. As floriculture becomes a more globalized industry, the need for high-quality, disease-free flowers is driving the growth of the fungicide market for flowers.
As the floral industry becomes more competitive, growers are looking for fungicide solutions that offer rapid results and minimal residue, especially given the high-value nature of flowers and the need for precise crop protection. There is also growing awareness about sustainable practices in floriculture, prompting the development of eco-friendly fungicides that align with sustainability goals. Despite these challenges, the flower segment remains a key area for fungicide application, and with the increasing demand for flowers worldwide, the market for synthetic chemical fungicides in this category is expected to grow, driven by both conventional and organic cultivation practices.
The "Others" category in the synthetic chemical agricultural fungicide market includes a diverse range of non-traditional crops that require fungicide treatment. These can include ornamental plants, turf grass, spices, and medicinal herbs, among others. While the demand for fungicides in these areas may be smaller compared to food crops, fruits, vegetables, and flowers, it still represents a significant portion of the market. Fungicides in this category are used to protect crops from fungal diseases that could compromise plant health, yield, or appearance. As agricultural practices continue to diversify and new markets for non-traditional crops emerge, the "Others" segment is expected to witness steady growth, with ongoing innovations in fungicide development to meet the unique needs of these crops.
In particular, ornamental plants and turf grass are experiencing increased demand in landscaping, golf course maintenance, and urban greening initiatives. The growth of the recreational and horticulture industries is helping drive fungicide usage in these areas. Additionally, the increased cultivation of medicinal plants and spices, particularly in regions with favorable climates for these crops, has created a niche market for fungicides tailored to these specialized agricultural sectors. As consumer interest in non-traditional crops rises, the "Others" segment offers new opportunities for fungicide manufacturers to diversify their product portfolios and explore emerging market segments.
The synthetic chemical agricultural fungicide market is witnessing several key trends and opportunities that are shaping the future of the industry. One of the most prominent trends is the increasing demand for eco-friendly and sustainable fungicide solutions. As environmental concerns and the push for sustainable agriculture practices continue to grow, there is a rising demand for fungicides with low toxicity, reduced environmental impact, and minimal chemical residue. Manufacturers are responding to these trends by developing biopesticides and fungicides based on natural ingredients, providing more sustainable options for farmers while maintaining high levels of efficacy.
Another significant trend in the market is the growing adoption of integrated pest management (IPM) practices, which encourage the use of fungicides in conjunction with other pest control methods, such as crop rotation, biological control agents, and resistant crop varieties. This holistic approach helps reduce the reliance on chemical pesticides, while still providing effective disease control. Additionally, the increasing adoption of precision agriculture technologies, such as drones, satellite imaging, and soil sensors, is opening up new opportunities for targeted fungicide applications. These technologies enable farmers to apply fungicides only when and where needed, minimizing chemical usage and improving efficiency.
Opportunities in the synthetic chemical agricultural fungicide market are also being driven by the rising demand for food security in developing countries, where crop diseases pose a significant threat to agricultural productivity. As farmers in these regions look for reliable solutions to protect their crops, the demand for effective fungicides is expected to rise. Additionally, the growing trend of urban agriculture, small-scale farming, and vertical farming is likely to drive demand for fungicides in non-traditional growing environments. This presents a unique opportunity for fungicide manufacturers to develop products that cater to the specific needs of these new farming practices.
What are synthetic chemical agricultural fungicides used for?
Synthetic chemical agricultural fungicides are used to protect crops from fungal diseases that can reduce yields and quality.
What types of crops require fungicide treatments?
Crops like food crops, fruits, vegetables, flowers, and others may require fungicide treatments for disease prevention.
Are there sustainable alternatives to synthetic fungicides?
Yes, biopesticides and eco-friendly fungicides are emerging as sustainable alternatives to traditional synthetic fungicides.
How do fungicides help in food crop production?
Fungicides protect food crops from fungal diseases that can cause significant crop losses, ensuring higher yields and quality.
What fungal diseases affect fruits?
Common fungal diseases in fruits include powdery mildew, downy mildew, and anthracnose.
Can fungicides be used on flowers?
Yes, fungicides are essential for protecting flowers from diseases like powdery mildew and gray mold.
What factors influence fungicide demand in vegetables?
Factors such as crop susceptibility to fungal diseases and the increasing global consumption of vegetables influence fungicide demand.
What is the role of fungicides in the flower industry?
Fungicides help maintain the health and appearance of flowers, ensuring they meet market standards and consumer expectations.
Are fungicides used for ornamental plants?
Yes, fungicides are also used to protect ornamental plants from fungal diseases that can affect their health and aesthetics.
What are the future opportunities in the fungicide market?
Opportunities lie in the development of sustainable fungicides, precision agriculture, and the rising demand from developing countries.
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Syngenta
UPL
FMC
BASF
Bayer
Nufarm
Corteva (DuPont)
Sumitomo Chemical
Zhejiang Qianjiang Biochemical
Zhejiang Xinan Chemical
Limin Group
Nanjing Red Sun
Anhui Huilong Agricultural
Sinochem
Jiangsu Yangnong Chemical
Rainbow Agro
Sino-Agri Group
Nutrichem Laboratory
Liben Crop Science
Lier Chemical
Hubei Xingfa Chemicals Group
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Synthetic Chemical Agricultural Fungicide Market
Food Corps
Fruits
Vegetables
Flowers
Others
Based on Types the Market is categorized into Below types that held the largest Synthetic Chemical Agricultural Fungicide market share In 2023.
Dithiocarbamates
Benzimidazoles
SDHI
Phenylamides
Strobilurins
Triazoles
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Synthetic Chemical Agricultural Fungicide Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Synthetic Chemical Agricultural Fungicide Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Synthetic Chemical Agricultural Fungicide Market, By Type
6. Global Synthetic Chemical Agricultural Fungicide Market, By Application
7. Global Synthetic Chemical Agricultural Fungicide Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Synthetic Chemical Agricultural Fungicide Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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