Fungi are a common cause of crop damage, causing yield, quality, and profitability to suffer. As a result, fungicides are applied to crops at various stages of development to eliminate undesirable fungi that reduce yield. Rising disease outbreaks as a result of changing climatic conditions, as well as increased cultivation of high-value crops, are expected to drive global fungicides market growth. As a result, global demand for fungicides to reduce crop loss is increasing.
Fungicides Market Report Scope and Research Methodology
The Competitive landscape provides growth strategies adopted by the suppliers in the Fungicides industry. The news covered in this section provides valuable thoughts at various levels while keeping up-to-date with the business and captivating stakeholders in the economic conflict. The competitive scenario in the Fungicides market report represents news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected for the Fungicides report help suppliers understand the loopholes in the marketplace and competitors’ strength and weakness thereby, providing insights to upgrade product and service. It provides the idea of its revenue generation into the overall Fungicides market compared to other vendors in the space. It provides insights into how players are performing in terms of revenue generation and customer base compared to others.
Fungicides Market Report Overview
Stellar Market Research provides a comprehensive analysis of Fungicides Market to provide a current snapshot of the market to understand its feature in an optimized way. The Fungicides market report presents market characteristics in terms of accumulation, segmentation, dominance, and combination traits. The report provides a Fungicides market overview by standard topics which are highlighted with customized data according to the necessity. This overview helps in decisions on how to approach the market and understand the context of the Fungicides industry.
Fungicides Market size was valued at US $19.56 Billion in 2020 and the Fungicides Market revenue is expected to grow at 4.60% through 2021 to 2027, reaching nearly US $24.22 Billion. The report analyzes Fungicides Market dynamics by region, fuel blend, and applications.
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Fungicides Market Key Players:
BASF SE (Germany)
Bayer AG (Germany)
Corteva Inc. (United States)
Syngenta AG (Switzerland)
FMC Corporation (United States)
UPL Ltd. (India)
Adama Ltd. (Israel)
Sumitomo Chemical Co. Ltd. (Japan)
Nufarm Limited (Australia)
Isagro SpA (Italy)
Dhanuka Agritech (India)
Nippon Soda Co. Ltd. (Japan)
AMVAC Chemical Corporation (United States)
Nissan Chemical Corporation (Japan)
Fungicides Market Regional Insights
North America: U.S., Canada
Europe: U.K., Germany, Rest of Europe
Asia-Pacific: China, Japan, Rest of Asia Pacific
Latin America: Brazil, Mexico, Rest of Latin America
Middle East and Africa: GCC, Rest of MEA
Market size and forecast for these regional and country-level markets are presented in this Fungicides market report for the period 2020-2029.
Fungicides Market Segmentation:
Geographically, the Asia Pacific fungicides market generated $5.25 billion in revenue in 2020 and is expected to retain its lead throughout the forecast period. This is most likely due to rising post-harvest losses, increased rice cultivation, and the region's agricultural industry's expansion. Among the major crops grown in Asia are rice, sugar beets, fruits and vegetables, cereals, and grains. 90% of the world's rice production is consumed in the region.
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