The global fungicide market size is expected to reach USD 33.76 billion by 2034, according to a new study by Polaris Market Research. The report “Fungicide Market Size, Share, Trends, Industry Analysis Report: By Type (Liquid and Dry), Crop Type, Product, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.
A fungicide is a chemical or biological agent used to prevent, control, or eliminate fungal infections in plants. These agents work by inhibiting fungal growth or destroying fungal spores that cause diseases, which can lead to significant crop losses. Fungicides play a crucial role in modern agriculture, ensuring higher yields and better crop quality. They are available in various formulations, including liquid, powder, and granular forms, and are applied using different methods such as foliar sprays, soil treatments, and seed coatings. The fungicide market is experiencing steady growth, driven by factors such as increasing global food demand, rising incidences of crop diseases due to climate change, and advancements in agricultural practices.
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Stringent regulations on chemical pesticide usage have also encouraged the development of bio-based and sustainable fungicides, creating new opportunities for fungicide market expansion. Trends such as integrated pest management (IPM) and precision agriculture are further shaping the market, promoting efficient and targeted fungicide applications. Additionally, the expansion of agricultural activities in emerging economies and the rising adoption of high-value crops are contributing to the overall market growth.
By Type Outlook (Revenue-USD Billion, 2020–2034)
By Crop Type Outlook (Revenue-USD Billion, 2020–2034)
By Product Outlook (Revenue-USD Billion, 2020–2034)
By Regional Outlook (Revenue-USD Billion, 2020–2034)
Report Attributes |
Details |
Market Size Value in 2024 |
USD 19.53 billion |
Market Size Value in 2025 |
USD 20.58 billion |
Revenue Forecast by 2034 |
USD 33.76 billion |
CAGR |
5.6% from 2025 to 2034 |
Base Year |
2024 |
Historical Data |
2020–2023 |
Forecast Period |
2025–2034 |
Quantitative Units |
Revenue in USD billion and CAGR from 2025 to 2034 |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Industry Trends |
Segments Covered |
|
Regional Scope |
|
Competitive Landscape |
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Report Format |
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Customization |
Report customization as per your requirements with respect to countries, regions, and segmentation. |
For Specific Research Requirements | Request for Customized Report |