Fungicides Market Overview:

Fungi are a common cause of crop damage, reducing yield, quality, and profitability. As a result, fungicides are applied to crops at various phases of development to eradicate undesirable fungi that diminish production. Global fungicides market growth is expected to be driven by rising disease outbreaks as a result of changing climatic circumstances, as well as an increase in the cultivation of high-value crops. As a result, there is a growing global demand for fungicides to decrease crop loss.

The Fungicides Industry Report from Stellar Industry Research provides readers with a thorough analysis of the global market environment. Using 2020 as the base year and historical data from 2016 to 2019, this Fungicides Market study examines the situation from 2021 to 2027. By giving customers a variety of research-based information, this study assists them in making important business decisions.

Low or no consumption of fruits and vegetables, according to the World Health Organization (WHO), is one of the top 10 risk factors for global mortality, accounting for almost 1.7 million deaths globally. Thus, integrating fruits and vegetables in one's regular diet may help in the prevention of major non-communicable diseases (NCDs) such as Parkinson's disease, strokes, the majority of heart illnesses, the majority of malignancies, diabetes, chronic renal disease, cataracts, and others.

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Fungicides Market Scope:

This Fungicides market research is based on a thorough industry analysis and is supported by secondary and primary sources. Fungicides Market size is estimated using country-by-country model mapping. It brings together national and international financial data as well as patent and regulatory databases. The competitive landscape of the Fungicides industry is supported by a microscopic and detailed survey of many aspects of market impact. Analysts in the Fungicides industry forecast, estimate, and calculate market prospects by examining historical data, current trends, and key corporate statements.

Fungicides Market Segmentation:

Based on Product Types: In 2020, triazoles accounted for 17% of the total market share on a global scale, with a market value of US $2.40 billion. It is anticipated to grow at a 4.5% CAGR over the forecast period to reach US $3.4 billion by 2027 and to continue to dominate the market.

The naturally occurring Basidiomycete Strobilurustanacellus yields the fungicide Strobilurins. These fungicides pose less of an environmental and human health risk. With a CAGR of 4.2% from 2020 to 2027, the market for Strobilurins fungicides is projected to grow from US $2.40 billion in 2020 to US $3.30 billion by 2027.

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Fungicides Market Key Players:

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)
COVID-19 Impact Analysis on Fungicides Market:

The Global Fungicides Market Research Report provides a sector overview based on important factors such as sales volume, revenue, and sales forecasting, as well as key drivers. The market is anticipated to expand significantly over the anticipated time frame (2021-2027). This study also includes the most recent market ramifications of COVID-19. The outbreak's global spread has significantly impacted people's lives. As a result, industries have been compelled to adopt new behaviours, patterns, and strategies. The case study makes an effort to depict the present and potential expectations of the market.

About Stellar Market Research:

Stellar Market Research is a market research and consulting firm that provides syndicated and custom research reports in addition to consulting services. The main goal of the company's products is to assist businesses in identifying, focusing on, and analysing changes in consumer behaviour across demographics and industries to assist them in making better business decisions. In order to provide relevant and fact-based research, the company conducts market intelligence studies in a variety of industries, including healthcare, touch points, and energy. With experience in many different industries, Stellar Market Research has a sizable staff of highly qualified analysts. Clients can gain a competitive advantage over their rivals thanks to the company's subject-matter expertise and capacity to provide a workable solution to any research problem.

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