Fungicide market is projected to reach $43.8 billion by 2035, growing from $25.6 billion in 2025 at a CAGR of 5.3% during the forecast period 2026–2035. The market is expanding steadily due to rising global food demand, increasing crop disease outbreaks, and the growing need for efficient crop protection solutions to improve agricultural productivity.
Browse the full report description of “Fungicide Market Size, Share & Trends
Analysis Report, By Product Type (Triazoles, Strobilurins, Dithiocarbamates,
Chloronitriles, Carboxamides (SDHI fungicides), Benzimidazoles, Phenylamides,
Multi-site fungicides, Bio-fungicides, Others), By Crop Type (Cereals &
Grains, Oilseeds & Pulses, Fruits & Vegetables, Turf & Ornamentals,
Plantation Crops, Others), By Formulation Type (Powder, Liquids), By Source
(Synthetic Fungicides, Biological Fungicides – Microbial Fungicides, Plant-Extract
Fungicides), By Application (Foliar Spray, Soil Treatment, Seed Treatment,
Chemigation), By End User (Commercial Farming, Plantation Agriculture,
Greenhouse & Protected Cultivation, Turf & Landscape Management),
Forecast Period (2026-2035)” at https://www.omrglobal.com/industry-reports/fungicide-market
A major
macroeconomic driver supporting the growth of the fungicide market is the
rising pressure on global agricultural systems to enhance crop yields.
According to the Food and Agriculture Organization (FAO), global food
production will need to increase by approximately 50% by 2050 to meet the needs
of the growing global population. This increase requires improved crop
protection strategies, as fungal diseases are among the leading causes of yield
loss across major crops. The FAO estimates that plant diseases and pests cause
20–40% of global crop losses annually, highlighting the need for effective
fungicides to safeguard food supply. As farmers adopt advanced crop protection
solutions to reduce yield losses and enhance productivity, demand for fungicide
products continues to rise across both developed and emerging agricultural
markets.
Agricultural
production statistics further demonstrate the expanding need for fungicides.
According to data from OECD, global cereal production reached approximately 2.8
billion tonnes in 2023, reflecting strong demand for crop protection chemicals
to maintain productivity and prevent disease outbreaks in staple crops such as
wheat, corn, and rice. Similarly, international agricultural trade has expanded
significantly. Data from the International Trade Centre shows that global trade
in agrochemical products, including fungicides, exceeded $70 billion in recent
years, indicating strong market demand driven by expanding agricultural
production and cross-border crop protection supply chains.
Among product
categories, Carboxamides (SDHI fungicides) are expected to experience the
fastest growth during the forecast period. These fungicides provide highly
targeted control against fungal pathogens and offer longer residual activity
compared to traditional fungicide classes. Their effectiveness in protecting
high-value crops such as cereals, fruits, and vegetables has driven widespread
adoption across large-scale farming operations. Farmers increasingly prefer
SDHI-based fungicides because they provide improved disease control and reduce
the frequency of pesticide application, contributing to cost savings and
improved crop productivity.
The Synthetic
Fungicides segment currently dominates the market due to the large-scale
commercial availability and broad-spectrum disease control offered by synthetic
active ingredients. However, the Biological Fungicides segment, including
microbial and plant-extract fungicides, is gaining traction as governments and
regulatory bodies encourage environmentally sustainable agricultural practices.
Growing consumer demand for residue-free food and stricter pesticide
regulations in several regions are encouraging the development of bio-based
crop protection products.
Leading
fungicide manufacturers are implementing several strategic initiatives between
2022 and 2026 to strengthen their market presence. In 2023, BASF SE launched
new SDHI-based fungicide solutions designed for improved disease management in
cereals and oilseed crops, enhancing its crop protection portfolio. In 2024,
Syngenta Group introduced advanced fungicide formulations aimed at improving
resistance management and expanding protection against multiple fungal
diseases. Bayer Crop Science expanded its fungicide product portfolio in 2023
by introducing integrated crop protection solutions that combine fungicides
with digital agriculture platforms for optimized crop management.
Strategic
collaborations have also increased across the industry. In 2024, Corteva
Agriscience partnered with agricultural technology firms to enhance biological
fungicide development and strengthen sustainable crop protection solutions.
Additionally, UPL Limited expanded production capacity for specialty fungicides
in 2025 to meet rising demand in the Asia-Pacific and Latin America. Several
manufacturers are also investing in research and development to address growing
concerns about fungicide resistance and environmental impact, leading to the
development of next-generation crop protection technologies.
Market Coverage
• The market number available for – 2025-2035
• Base year- 2025
• Forecast period- 2026-2035
Segment Covered-
• By Product Type
• By Source
• By Crop Type
Competitive Landscape – Top
Companies
• BASF SE
• Syngenta Group
• Bayer Crop Science
• Corteva Agriscience
• UPL Limited
Key questions addressed by the
report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Fungicide Market Report
Segment
By Product Type
By Crop Type
By Formulation Type
By Source
o
Microbial fungicides
o
Plant-extract fungicides
By Application
By End User
Global Fungicide Market Report
Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Russia
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Australia and New Zealand
• ASEAN Economies
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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