Global Fungicides Market Size & Outlook, 2022-2030
Global fungicides market, 2018-2030 (US$M)
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Global fungicides market highlights
- The global fungicides market generated a revenue of USD 8,257.5 million in 2022 and is expected to reach USD 12,538.6 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 5.4% by 2030.
- In terms of segment, cereals & grains accounted for a revenue of USD 3,463.8 million in 2022.
- Fruits & Vegetables is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Latin America was the largest revenue generating market in 2022.
- Country-wise, UK is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 8,257.5 million |
| Market revenue in 2030 | USD 12,538.6 million |
| Growth rate | 5.4% (CAGR from 2022 to 2030) |
| Largest segment | Cereals & grains |
| Fastest growing segment | Fruits & Vegetables |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables |
Other key industry trends
- In terms of revenue, the North America accounted for 18.1% of the global fungicides market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, UK is the fastest growing regional market and is projected to reach USD 69.3 million by 2030.
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Fungicides Market Scope
Fungicides Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global fungicides market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fungicides market will help companies and investors design strategic landscapes.
Cereals & grains was the largest segment with a revenue share of 41.95% in 2022. Horizon Databook has segmented the Global fungicides market based on cereals & grains, oilseeds & pulses, fruits & vegetables covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Fungicides Application Outlook (Revenue, USD Million, 2018-2030)
- Cereals & Grains
- Oilseeds & Pulses
- Fruits & Vegetables
- Others
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Horizon Databook provides a detailed overview of global-level data and insights on the Global fungicides market , including forecasts for subscribers. This global databook contains high-level insights into Global fungicides market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global fungicides market size, by region, 2018-2030 (US$M)
Top 10 countries: Fungicides market size, 2022 (US$M)
Global fungicides market share, by application, 2022 & 2030 (%, US$M)
Fungicides market: Opportunity assessment by country
Global fungicides market, by region, 2022 (US$M)
| Application | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 2,326.7 | 2,508.4 | 2,493.7 | 2,577.1 | 2,682.3 | 2,797.8 | 2,921.8 | 3,054.8 | 3,197.7 | 3,351.3 | 3,516.3 | 3,693.8 | 3,884.8 | 4.7% |
| Europe | 1,508.2 | 1,370.2 | 1,454.0 | 1,500.9 | 1,551.4 | 1,607.4 | 1,667.5 | 1,732.0 | 1,801.4 | 1,875.9 | 1,955.9 | 2,042.0 | 2,134.6 | 4.0% |
| North America | 1,427.4 | 1,407.8 | 1,384.0 | 1,436.8 | 1,495.2 | 1,559.7 | 1,629.3 | 1,704.6 | 1,785.9 | 1,873.8 | 1,968.8 | 2,071.6 | 2,183.0 | 4.8% |
| MEA | 350.3 | 345.6 | 346.3 | 360.9 | 376.5 | 393.3 | 411.0 | 429.5 | 449.0 | 469.5 | 491.0 | 513.6 | 537.4 | 4.5% |
| Asia Pacific | 2,058.1 | 2,001.4 | 1,900.0 | 2,019.7 | 2,152.2 | 2,298.9 | 2,459.2 | 2,634.5 | 2,826.4 | 3,036.6 | 3,267.2 | 3,520.4 | 3,798.8 | 7.3% |
| Overall | 7,670.8 | 7,633.4 | 7,578.0 | 7,895.3 | 8,257.5 | 8,657.1 | 9,088.8 | 9,555.5 | 10,060.3 | 10,607.0 | 11,199.3 | 11,841.5 | 12,538.6 | 5.4% |
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