PUBLISHER: The Business Research Company | PRODUCT CODE: 1926119
PUBLISHER: The Business Research Company | PRODUCT CODE: 1926119
Fungicides are chemical or biological substances used to prevent, control, or eradicate fungal infections in plants. They function by either killing fungi or inhibiting their growth, thereby protecting crops from diseases like mildew, rust, and blight. Fungicides are essential in agriculture, as they help maintain healthy crops and increase yields by reducing crop loss caused by fungal infections.
The primary classifications of fungicides are synthetic fungicides and bio-fungicides. These fungicides are employed to combat fungal diseases by taking action against fungi and their spores. They comprise various active ingredients such as dithiocarbamates, benzimidazoles, chloronitriles, triazoles, phenylamides, strobilurins, and other substances. Fungicides are applied through methods such as seed treatment, soil treatment, foliar spray, chemigation, and post-harvest treatments. These fungicides find applications in diverse areas, including cereals and grains, oilseeds and pulses, fruits and vegetables, as well as other agricultural uses.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs have affected the fungicides market by increasing costs of imported active ingredients, intermediates, and formulation chemicals used in both synthetic and bio fungicides. Cereals, fruits, and vegetable crop segments are most impacted, especially in regions such as Asia Pacific and Latin America that rely heavily on imported crop protection chemicals. Higher prices have challenged affordability for small and mid sized farmers. However, tariffs have also encouraged domestic manufacturing of fungicide formulations and boosted investment in local bio fungicide production capabilities.
The fungicides market research report is one of a series of new reports from The Business Research Company that provides fungicides market statistics, including fungicides industry global market size, regional shares, competitors with a fungicides market share, detailed fungicides market segments, market trends and opportunities, and any further data you may need to thrive in the fungicides industry. This fungicides market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The fungicides market size has grown strongly in recent years. It will grow from $24.64 billion in 2025 to $26.55 billion in 2026 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to crop yield protection needs, widespread fungal disease outbreaks, expansion of commercial agriculture, availability of synthetic fungicides, government support for crop protection.
The fungicides market size is expected to see strong growth in the next few years. It will grow to $36.23 billion in 2030 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to demand for sustainable crop protection, growth of organic farming, climate driven disease pressure, innovation in bio based fungicides, precision agriculture adoption. Major trends in the forecast period include rising adoption of bio fungicides, growing resistance management practices, increased use of seed treatment solutions, expansion of foliar spray applications, focus on broad spectrum crop protection.
The rise in plant diseases is expected to drive the growth of the fungicide market going forward. Plant diseases are caused by pathogenic fungi, bacteria, viruses, and other microorganisms that diminish crop yield, quality, and overall agricultural productivity. The increase in plant diseases is influenced by factors such as climate change, global trade, and intensive farming practices, all of which heighten disease occurrence and severity. Fungicides help maintain crop health by preventing and controlling fungal infections, safeguarding yields, and supporting global food security. For example, in September 2025, according to the Food and Agriculture Organization of the United Nations, an Italy-based specialized agency, plant pests destroy up to 40% of global food crops annually, causing agricultural trade losses exceeding USD 220 billion, with invasive pests alone accounting for at least USD 70 billion in global economic losses. Therefore, the rise in plant diseases is fueling the expansion of the fungicide market.
Major companies operating in the fungicide market are concentrating on developing next-generation histone deacetylase (HDAC) inhibitor-based fungicides to enhance disease management, strengthen resistance control, and improve crop yield. A histone deacetylase (HDAC) inhibitor-based fungicide is a chemical formulation that disrupts fungal growth by inhibiting HDAC enzymes, leading to modified gene expression and hindered fungal development, effectively managing fungal infections by targeting epigenetic regulatory pathways. For instance, in June 2025, BASF SE, a Germany-based chemical and agricultural solutions company, introduced Adapzo Active, a next-generation HDAC-inhibitor fungicide for soybean crops, now registered in Brazil and Paraguay. Developed to support farmers in effectively managing Asian soybean rust while offering resistance-management advantages, this solution reflects a wider shift toward more sustainable and precise crop protection technologies.
In January 2025, Dhanuka Agritech Ltd., an India-based agricultural solutions company, acquired global rights to the fungicides Iprovalicarb and Triadimenol from Bayer AG for an undisclosed amount. This acquisition enables Dhanuka to strengthen its fungicide portfolio, broaden its global presence, and deliver reliable crop protection products to farmers across more than 20 countries in Latin America, EMEA, Asia, and India. Bayer AG is a Germany-based chemical and life sciences company specializing in crop protection solutions, including fungicides.
Major companies operating in the fungicides market are American Vanguard Corporation, BASF SE, Bayer AG, Bioworks Inc., Dow AgroSciences LLC, DuPont de Nemours Inc., FMC Corporation, Marrone Bio Innovations Inc., Nufarm Ltd, Sumitomo Chemical, Syngenta International AG, UPL Limited, Cheminova A/S, Lanxess AG, Corteva Inc., Isagro SpA, Nippon Soda Co. Ltd., Certis USA LLC, Valent BioSciences LLC, Arysta LifeScience Corporation, Sipcam Agro USA Inc., Gowan Company LLC, Albaugh LLC, Rotam CropSciences Ltd., Sharda Cropchem Limited, PI Industries Limited, Adama Agricultural Solutions Ltd, Agbiochem Inc., Jiangsu Yangnong Chemical Co. Ltd., Kumiai Chemical Industry Co. Ltd., Novozymes A/S
Asia-Pacific was the largest region in the fungicides market in 2025. South America was the second-largest region in the global fungicides market. The regions covered in the fungicides market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the fungicides market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
The fungicides market consists of the sales of captan, folpet, dithiocarbamates, pentachlorophenol, and mercurial fungicides. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Fungicides Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses fungicides market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for fungicides ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The fungicides market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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