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Fungicides Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

Fungicides Market was valued at US$11.23 bn in 2014 and is likely to reach US$16.30 bn in 2023, expanding at a CAGR of 4.4% between 2015 and 2023

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Fungicides Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

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  1. Transparency Market Research Fungicides Market (Mancozeb, Chlorothalonil, Metalaxyl, Strobilurin, and Others) for Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Other Crops - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023 Published Date 2015-10-21 184 Page Report Request Sample Buy Now Press Release Spending on Fungicides Poised to Grow Steadily, Global Market to Reach US$16.30 bn by 2023 Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com

  2. Fungicides Market REPORT DESCRIPTION Global Fungicides Market: Snapshot Fungicides are chemical formulations used to manage fungal diseases in plants. Fungicides can be selective and non-selective based on their target of activity. These are available in various formulations that incorporate individual or a blend of active ingredients for specific or broad spectrum activity. Fungicides are primarily used in major crops such as fruits, vegetables, cereals, grains, oilseeds, and pulses. These are also used in non-crop applications such as turf grass for golf, football, hockey, cricket, and other stadia, and ornamental plants for indoor and outdoor decorations, and municipal causeways. Browse Fungicides Market Research Report: http://www.transparencymarketresearch.com/fungicides-market.html Currently, in terms of volume, fungicides are majorly used in fruits & vegetables across the globe. These are used to manage various fungal diseases in apples, grapes, muskmelons, potato, tomato, lemons, orange, carrots, etc. Usage of fungicides in fruits & vegetable crops is primarily driven by rising demand for fruits & vegetables globally. This increase in demand is due to changing dietary patterns of the middle income population. Additionally, farmers are under pressure to increase their yield owing to rising population and limited availability of arable land. Governments and agricultural institutes across the world are promoting the usage of agricultural inputs such as fungicides that help in enhancing yield by securing crops against diseases. This is projected to further boost the global demand for fungicides. Furthermore, sale of ornamental plants for indoor and outdoor applications has increased due to rise in urbanization. Usage of fungicides is also anticipated to increase in order to maintain these ornamental plants. Moreover, 2 Transparency Market Research

  3. Fungicides Market usage of non-selective fungicides is projected to rise for disease management in turf and grass applications in stadia, lawns, and gardens. Increasing incidences of resistance to fungicides is a key factor restraining the fungicide market. Fungicides can be substituted by genetically modified crops with better disease resistance. This is likely to hamper market growth in the near future. Mancozeb was the dominant fungicide product segment accounting for more than 20% share of the global fungicide market in terms of volume in 2014. Additionally, the mancozeb fungicides are anticipated to be the fastest growing product segment during the forecast period. This fast paced growth in demand for mancozeb can be attributed to very low number of incidences of resistance, low price and a very effective non-selective fungicidal activity. Other key fungicides include chlorothalonil, metalaxyl, and strobilurin. These fungicides, especially, strobilurin is facing rising number of resistance incidences against fungicidal activity in vegetables and cereals crop types. Additionally, these products are priced relatively higher, causing the price- sensitive farmers to switch to low-priced alternatives. Get exclusive sample of this report: http://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=7241 In terms of volume, Asia Pacific dominated the global fungicide market with over 25% share in 2014. Demand for fungicides is anticipated to be high in fruits & vegetables and cereals & grains segments in the region. The fungicides market in North America is estimated to expand at above- average CAGR during the forecast period due to high demand from fruits & vegetables and non- crop applications. Middle East & Africa (MEA) is expected to be the fastest-growing market for 3 Transparency Market Research

  4. Fungicides Market fungicides during the forecast period owing to higher focus of market players and international welfare organizations such as UN for investment in the region. Latin America is another major market for fungicides with moderate growth in cereals & grains applications. Europe is a mature market that is anticipated to expand at below average growth rate during the forecast period. The global fungicides market is consolidated; a few players operate across the globe. Large-scale producers have vertically integrated operations. This provides them with cost advantage over smaller players. Key players include Syngenta, BASF SE, Bayer CropScience, E.I. du Pont de Nemours and Company, Dow AgroSciences LLC, Monsanto Company, Nufarm Limited, Sumitomo Chemical Co., Ltd., ADAMA Agricultural Solutions Ltd. and Cheminova A/S About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. 4 Transparency Market Research

  5. Fungicides Market Contact Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com/ Browse The Market Research Blog : http://cmfeglobalreports.blogspot.in/ 5 Transparency Market Research

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