| Study Period | 2017 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 18.15 Billion |
| Market Size (2030) | USD 21.47 Billion |
| CAGR (2025 - 2030) | 3.42 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Fungicide Market Analysis
The Fungicide Market size is estimated at 18.15 billion USD in 2025, and is expected to reach 21.47 billion USD by 2030, growing at a CAGR of 3.42% during the forecast period (2025-2030).
The fungicides market continues to evolve in response to intensifying agricultural challenges and changing climatic conditions. The adoption of intensive farming practices and monocultural cultivation methods has created favorable conditions for fungal pathogen proliferation. Global crop losses due to fungal diseases remain a significant concern, with farmers losing between 10% and 23% of their crops to fungal infections as of 2022. Rising global temperatures and the increasing frequency of extreme weather events, particularly droughts and heat waves, have further exacerbated the spread of fungal diseases, compelling agricultural stakeholders to implement more robust disease management strategies.
Technological advancements in fungicides application methods have revolutionized disease control practices in modern agriculture. Foliar application has emerged as the predominant method, accounting for 60.1% of total fungicides applications in 2022, owing to its efficiency in targeting pathogens directly on plant surfaces and facilitating rapid absorption into plant tissues. The industry has witnessed significant innovations in delivery systems and formulation technologies, enabling more precise and effective fungicides applications while minimizing environmental impact. Seed treatment technologies have also gained prominence, representing 14.1% of applications, as they provide crucial protection during early growth stages.
The fungicides market trends have demonstrated remarkable progress in developing sustainable solutions and integrated disease management approaches. With a total consumption volume of 1.9 million metric tons in 2022, the sector has focused on optimizing application efficiency and reducing chemical usage through precision agriculture techniques. Agricultural technology companies have introduced smart spraying systems and digital monitoring tools that enable farmers to apply fungicides more strategically, reducing waste and improving cost-effectiveness. These technological innovations have been particularly crucial in addressing the challenges posed by fungicide resistance and evolving pathogen strains.
Research and development efforts in the fungicides market industry have increasingly focused on creating more environmentally compatible solutions while maintaining efficacy. Companies are investing in the development of novel active ingredients and formulations that offer improved disease control with reduced environmental impact. The integration of antifungal agents with traditional fungicides has gained traction, leading to the emergence of hybrid solutions that combine the benefits of both approaches. Industry stakeholders are also exploring nanotechnology applications in fungicide delivery systems, aiming to enhance product performance while minimizing application rates and environmental footprint.
Global Fungicide Market Trends
Increasing average annual economic losses are driving farmers to use a higher amount of fungicides
- Fungal diseases pose a significant threat to crop production, affecting a wide range of crops, including cereals, fruits, vegetables, and ornamentals. The rise in the average per-hectare fungicide consumption over the years from 1.4 kg per ha in 2017 to 1.6 kg per ha in 2022 was driven by the need to manage and control diseases effectively, minimizing crop damage and ensuring optimum yields.
- Among the regions studied, in 2022, Europe had the highest per-hectare application of chemical fungicides annually, with 2.5 kg per ha of agricultural land. This was due to its intensified farming practices and monocultures with a focus on high-value crops. Intensive farming usually attracts more pathogens due to overcrowding of crops on a piece of land, depleting soil nutrients and making the plants more susceptible to pathogens. This leads to the overuse of chemical fungicides to protect crops and maintain crop yields.
- Europe is followed by South America in fungicide usage, with an average per-hectare application of 1.7 kg/ha in 2022. Chile had the highest per-hectare consumption of fungicides at 4.1 kg/ha in the region in 2022. This high usage was due to certain regions in Chile having climatic conditions that are conducive to fungal disease development due to high humidity, rainfall, and temperature fluctuations. Other regions like Asia-Pacific, North America, and the Middle East also have a significant amount of fungicidal application.
- According to the data provided by the Food and Agriculture Organization, fungal diseases cause an average economic loss of around USD 220.0 billion despite abundant usage of fungicides. Circumstances like changing climatic conditions and frequent disease outbreaks may even worsen the situation, increasing the application rates.
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Mancozeb has a broad spectrum of activity compared to other fungicides
- Tebuconazole is a fungicide belonging to the chemical class of triazoles. It is widely used to control fungal diseases in various crops. Tebuconazole works by inhibiting the biosynthesis of ergosterol, a critical component of fungal cell membranes. This was priced at USD 8.7 thousand in 2022.
- Mancozeb is a fungicide belonging to the chemical class of dithiocarbamates. It is commonly used to control fungal diseases like late blight, downy mildew, early blight, and anthracnose in crops like potatoes, tomatoes, grapes, and bananas. Mancozeb has a broad spectrum of activity compared to other fungicides and acts on multiple sites within the fungal cell, making it more effective. Mancozeb was priced at USD 7.8 thousand in 2022.
- Azoxystrobin is a fungicide belonging to the chemical class of strobilurins and was priced at USD 4.6 thousand per metric ton. It is widely used to control fungal diseases in various crops. Azoxystrobin works by inhibiting the mitochondrial respiration in fungal cells, resulting in their inability to grow and reproduce and eventually causing their death.
- Metalaxyl is widely used to control fungal diseases such as late blight, downy mildew, and root rot and was priced at USD 4.4 thousand per metric ton. Metalaxyl works by inhibiting the formation of RNA in fungal cells. This disruption prevents the synthesis of essential proteins, leading to the inhibition of fungal growth and reproduction.
- Propineb and Ziram belong to the chemical class of dithiocarbamates. They were priced at USD 3.5 thousand and 3.3 thousand per metric ton, respectively, in 2022. These slight increases in the prices during the historical period were due to the growing demand for these products and the escalating costs of raw materials used in their production.
Segment Analysis: Application Mode
Foliar Segment in Global Fungicide Market
The foliar application segment continues to dominate the global fungicide market, commanding approximately 60% market share in 2024. This significant market position is primarily attributed to the method's effectiveness in providing rapid action against fungal pathogens through direct application to plant foliage. Foliar application facilitates swift penetration and absorption of fungicides into plant tissues, ensuring their effective action against fungal pathogens. The segment's dominance is particularly evident in grains and cereals, where it has proven highly effective in controlling diseases such as Septoria tritici, powdery mildew, and various rust diseases. The method's popularity is further enhanced by its flexibility in application timing and its ability to provide uniform coverage across crop canopies.
Seed Treatment Segment in Global Fungicide Market
The seed treatment segment represents a crucial application method in the fungicide market, showing robust growth potential with an expected CAGR of approximately 4% during 2024-2029. This growth is driven by the increasing recognition of early disease prevention benefits and the method's efficiency in protecting seeds during the critical initial phases of plant growth. Seed treatments create a protective shield around seeds, effectively preventing various diseases like seed rots, seedling blights, damping off, and root rots. The segment's growth is further supported by technological advancements in seed treatment formulations and application techniques, making it more precise and effective in disease control while minimizing environmental impact.
Remaining Segments in Application Mode
The fungicide market's application modes also include chemigation, soil treatment, and fumigation, each serving specific purposes in crop protection. Chemigation offers efficient delivery of fungicides through irrigation systems, making it particularly valuable for large-scale farming operations. Soil treatment provides targeted protection against soil-borne pathogens, playing a crucial role in preventing root diseases and establishing healthy crop stands. Fumigation, while representing a smaller share, remains essential for specific applications, particularly in storage facilities and pre-planting soil treatment. These application methods complement each other, providing farmers with a comprehensive toolkit for disease management across different crop types and growing conditions.
Segment Analysis: Crop Type
Grains & Cereals Segment in Fungicide Market
The grains and cereals segment dominates the global fungicide market, accounting for approximately 45% market share in 2024. This significant market position is primarily driven by the segment's crucial role in global food security and the high susceptibility of these crops to various fungal diseases. Major crops like wheat, barley, oat, rye, corn, rice, millet, and triticale are highly vulnerable to diseases such as bacterial leaf blight, leaf blasts, downy mildew, maydis leaf blight, leaf rust, and fusarium head blight that cause substantial crop losses. The segment's dominance is further reinforced by the extensive cultivation of these crops across different geographical regions and climatic conditions, necessitating consistent fungicide application to protect yields and ensure food security.
Fruits & Vegetables Segment in Fungicide Market
The fruits and vegetables segment is projected to exhibit the fastest growth in the fungicide market during 2024-2029, with an estimated CAGR of approximately 4%. This accelerated growth is driven by increasing consumer demand for high-quality fruits and vegetables, coupled with the rising emphasis on quality, appearance, and taste. The segment's growth is further supported by the increasing adoption of modern farming practices and the need for effective disease control strategies to combat various fungal infections such as white blister/white rust, downy mildews, powdery mildews, clubroot, fusarium wilts, and rots. Growers are increasingly implementing comprehensive disease management approaches, including the strategic use of types of fungicides, to ensure their produce meets stringent quality standards and market expectations.
Remaining Segments in Crop Type
The fungicide market's remaining segments include pulses & oilseeds, commercial crops, and turf & ornamental applications, each serving distinct agricultural needs. The pulses & oilseeds segment plays a vital role in addressing fungal diseases affecting crops like soybeans, sunflower seeds, and various legumes. The commercial crops segment encompasses important cash crops such as tobacco, coffee, tea, rubber, cocoa, and cotton, requiring specialized fungicide applications to protect their economic value. The turf & ornamental segment, while smaller in market share, serves a crucial role in maintaining the health and appearance of golf courses, lawns, landscapes, and ornamental greenhouses, addressing specific fungal challenges in these specialized applications.
Fungicide Market Geography Segment Analysis
Fungicide Market in Africa
The African fungicides market demonstrates significant potential for growth, driven by the increasing adoption of modern agricultural practices and the need to protect staple crops from fungal diseases. The region faces unique challenges in crop protection, particularly in major crops like maize, yam, and wheat, which are highly susceptible to various fungal infections. Countries across Africa are implementing supportive policies and investing in research initiatives to discover new diseases and their subsequent fungicides, along with providing schemes to support farmers in adopting effective crop protection practices.
Fungicide Market in Asia-Pacific
The Asia-Pacific fungicides market plays a crucial role in global agricultural production, characterized by diverse farming practices and a wide range of crops requiring protection from fungal diseases. The region's tropical and subtropical climates create favorable conditions for fungal pathogens, necessitating effective fungicide solutions. Countries like China, Japan, India, and Australia have well-established agricultural sectors with varying needs for fungicide applications across different crop types. The market is driven by factors such as increasing food demand, shrinking arable land, and the need for higher crop yields.
Fungicide Market in China
China dominates the Asia-Pacific fungicide market with its extensive agricultural operations and comprehensive fungicide manufacturing industry. The country has established a robust regulatory framework through the Institute for the Control of Agrochemicals (ICAMA) under the Ministry of Agriculture and Rural Affairs (MARA). In 2024, China is expected to hold approximately 32% share of the Asia-Pacific fungicide market. The country's major fungicide classes include triazoles, strobilurins, benzimidazoles, dithiocarbamates, and quinone outside inhibitors (QoIs), each targeting specific fungal pathogens.
Fungicide Market in India
India represents one of the fastest-growing markets in the Asia-Pacific region, with a projected CAGR of approximately 4% during 2024-2029. The country's agricultural sector is experiencing rapid modernization, with increasing awareness about crop protection practices. The government's supportive policies and the presence of major agrochemical companies have facilitated the growth of the fungicide market. The country's diverse agro-climatic conditions and the cultivation of various crops susceptible to fungal diseases continue to drive the demand for fungicides.
Fungicide Market in Europe
The European fungicide market is characterized by stringent regulations, advanced agricultural practices, and a strong focus on sustainable farming methods. The region's agricultural sector faces significant challenges from fungal diseases affecting major crops, particularly cereals and fruits. Countries across Europe have implemented comprehensive frameworks for fungicide registration and usage, with a growing emphasis on integrated pest management strategies and reduced environmental impact.
Fungicide Market in Spain
Spain leads the European fungicide market with its extensive agricultural operations, particularly in cereals, vegetables, and olive production. The country accounts for approximately 18% of the European fungicide market in 2024. Spanish agriculture faces significant challenges from various fungal diseases affecting major crops, particularly in regions with Mediterranean climate conditions. The country's agricultural sector has developed sophisticated disease management strategies, incorporating both traditional and modern fungicide applications.
Fungicide Market in France
France demonstrates remarkable growth potential in the European fungicide market, with a projected CAGR of approximately 6% from 2024-2029. The country's agricultural sector, particularly its extensive wheat cultivation, drives the demand for fungicides. French farmers face significant challenges from diseases such as leaf blotch, leaf rust, yellow rust, powdery mildew, and Fusarium blight, necessitating effective fungicide applications. The country's strong focus on agricultural research and development continues to drive innovations in fungicide applications.
Fungicide Market in North America
The North American fungicide market is characterized by advanced agricultural practices, extensive research and development activities, and a strong regulatory framework. The United States leads the regional market, followed by Mexico and Canada. The region's diverse agricultural landscape, ranging from extensive grain production to specialty crops, creates varied demands for fungicide applications. Mexico shows the fastest growth potential, while the United States maintains its position as the largest market in the region. The market benefits from continuous technological advancements and increasing awareness among farmers about the importance of crop protection.
Fungicide Market in South America
South America represents a significant market for fungicides, driven by its extensive agricultural production and favorable conditions for fungal disease development. The region faces unique challenges due to its tropical climate and intensive farming practices, particularly in major agricultural countries like Brazil, Argentina, and Chile. Brazil dominates the regional market, while Chile shows the highest growth potential. The region's focus on major crops such as soybeans, corn, wheat, and various fruits creates substantial demand for fungicide applications, supported by ongoing agricultural expansion and modernization efforts.
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Fungicide Industry Overview
Top Companies in Fungicide Market
The global fungicides market is characterized by intense competition among major agrochemical companies, with key players focusing on continuous product innovation and the development of novel active ingredients. Companies are investing heavily in research and development to create more effective and environmentally sustainable fungicide solutions, particularly targeting resistance management and improved disease control. Strategic partnerships and collaborations have become increasingly common as companies seek to expand their technological capabilities and market reach. Operational agility is demonstrated through investments in manufacturing facilities and supply chain optimization, allowing companies to better serve regional markets. Geographic expansion, particularly in emerging agricultural markets, remains a key growth strategy, with companies establishing a local presence through manufacturing facilities, research centers, and distribution networks.
Market Dominated by Global Agricultural Conglomerates
The fungicides market structure is characterized by the dominance of large multinational agricultural science companies that possess extensive research capabilities and global distribution networks. These established players leverage their broad product portfolios, technical expertise, and strong brand recognition to maintain their market positions. The market shows high consolidation, with major players controlling significant fungicides market share through their comprehensive product offerings and established customer relationships.
The industry has witnessed significant consolidation through mergers and acquisitions, as companies seek to strengthen their market presence and expand their technological capabilities. These strategic moves have resulted in the formation of stronger entities with enhanced research and development capabilities, broader product portfolios, and expanded geographic reach. Local players maintain relevance in specific regional markets through their understanding of local agricultural conditions and established distribution networks, though they often face challenges competing with global giants in terms of research capabilities and product innovation.
Innovation and Sustainability Drive Future Success
For incumbent companies to maintain and expand their market share, a focus on sustainable product development and enhanced efficacy will be crucial. Success factors include investment in novel active ingredients that address evolving disease resistance challenges, development of integrated pest management solutions, and strengthening of distribution networks. Companies must also emphasize the development of bio-based fungicides and sustainable agricultural solutions to align with changing regulatory requirements and growing environmental concerns. Building strong relationships with farmers through technical support and education programs will be essential for maintaining market position.
Contenders seeking to gain ground in the market need to focus on developing specialized solutions for specific crops or regions, while also investing in innovative formulation technologies. Success will depend on building strategic partnerships with established players or local distributors to overcome market entry barriers and gain access to distribution channels. Companies must also navigate increasingly stringent regulatory requirements while addressing growing concerns about environmental impact and residue levels. The ability to offer comprehensive disease management solutions, rather than standalone products, will become increasingly important as farmers seek integrated approaches to crop protection. Monitoring fungicide market trends will be essential for companies aiming to innovate and adapt to evolving market demands.
Fungicide Market Leaders
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BASF SE
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Bayer AG
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Corteva Agriscience
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Syngenta Group
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UPL Limited
- *Disclaimer: Major Players sorted in no particular order
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Fungicide Market News
- February 2023: Corteva Agriscience launched Univoq, the company's first fungicide product designed specifically for grains. With Inatreq's distinctive mode of action, Univoq delivers preventative, curative, and long-lasting efficacy on the main diseases that endanger cereals as compared to the already available tools.
- February 2023: Syngenta affirmed its intent to maintain its position as the industry standard in the tomato market by introducing Orondis Ultra, a significant advancement in mildew avoidance.
- February 2023: ADAMA opened a new multi-purpose facility in Brazil. With this factory, the company will be able to deliver all the Prothioconazole-based products in its pipeline to the global market and achieve its objective of introducing a number of innovative items to the Brazilian market in the upcoming years.
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Along with the report, We also offer a comprehensive and exhaustive data pack with 50+ graphs on insecticide, fungicides, and herbicides consumption per hectare and the average price of active ingredients used in insecticides, fungicides, herbicides, nematicides, and molluscicides. The data pack includes Globe, North America, Europe, Asia-Pacific, South America, and Africa.
Fungicide Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
- 4.1 Consumption Of Pesticide Per Hectare
- 4.2 Pricing Analysis For Active Ingredients
-
4.3 Regulatory Framework
- 4.3.1 Argentina
- 4.3.2 Australia
- 4.3.3 Brazil
- 4.3.4 Canada
- 4.3.5 Chile
- 4.3.6 China
- 4.3.7 France
- 4.3.8 Germany
- 4.3.9 India
- 4.3.10 Indonesia
- 4.3.11 Italy
- 4.3.12 Japan
- 4.3.13 Mexico
- 4.3.14 Myanmar
- 4.3.15 Netherlands
- 4.3.16 Pakistan
- 4.3.17 Philippines
- 4.3.18 Russia
- 4.3.19 South Africa
- 4.3.20 Spain
- 4.3.21 Thailand
- 4.3.22 Ukraine
- 4.3.23 United Kingdom
- 4.3.24 United States
- 4.3.25 Vietnam
- 4.4 Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)
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5.1 Application Mode
- 5.1.1 Chemigation
- 5.1.2 Foliar
- 5.1.3 Fumigation
- 5.1.4 Seed Treatment
- 5.1.5 Soil Treatment
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5.2 Crop Type
- 5.2.1 Commercial Crops
- 5.2.2 Fruits & Vegetables
- 5.2.3 Grains & Cereals
- 5.2.4 Pulses & Oilseeds
- 5.2.5 Turf & Ornamental
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5.3 Region
- 5.3.1 Africa
- 5.3.1.1 By Country
- 5.3.1.1.1 South Africa
- 5.3.1.1.2 Rest of Africa
- 5.3.2 Asia-Pacific
- 5.3.2.1 By Country
- 5.3.2.1.1 Australia
- 5.3.2.1.2 China
- 5.3.2.1.3 India
- 5.3.2.1.4 Indonesia
- 5.3.2.1.5 Japan
- 5.3.2.1.6 Myanmar
- 5.3.2.1.7 Pakistan
- 5.3.2.1.8 Philippines
- 5.3.2.1.9 Thailand
- 5.3.2.1.10 Vietnam
- 5.3.2.1.11 Rest of Asia-Pacific
- 5.3.3 Europe
- 5.3.3.1 By Country
- 5.3.3.1.1 France
- 5.3.3.1.2 Germany
- 5.3.3.1.3 Italy
- 5.3.3.1.4 Netherlands
- 5.3.3.1.5 Russia
- 5.3.3.1.6 Spain
- 5.3.3.1.7 Ukraine
- 5.3.3.1.8 United Kingdom
- 5.3.3.1.9 Rest of Europe
- 5.3.4 North America
- 5.3.4.1 By Country
- 5.3.4.1.1 Canada
- 5.3.4.1.2 Mexico
- 5.3.4.1.3 United States
- 5.3.4.1.4 Rest of North America
- 5.3.5 South America
- 5.3.5.1 By Country
- 5.3.5.1.1 Argentina
- 5.3.5.1.2 Brazil
- 5.3.5.1.3 Chile
- 5.3.5.1.4 Rest of South America
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
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6.4 Company Profiles (includes Global level Overview, Market level overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and analysis of Recent Developments)
- 6.4.1 ADAMA Agricultural Solutions Ltd.
- 6.4.2 BASF SE
- 6.4.3 Bayer AG
- 6.4.4 Corteva Agriscience
- 6.4.5 FMC Corporation
- 6.4.6 Jiangsu Yangnong Chemical Co. Ltd
- 6.4.7 Nufarm Ltd
- 6.4.8 Sumitomo Chemical Co. Ltd
- 6.4.9 Syngenta Group
- 6.4.10 UPL Limited
7. KEY STRATEGIC QUESTIONS FOR CROP PROTECTION CHEMICALS CEOS
8. APPENDIX
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8.1 Global Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Market Dynamics (DROs)
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
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List of Tables & Figures
- Figure 1:
- FUNGICIDE CONSUMPTION PER HECTARE, GRAMS, GLOBAL, 2017 - 2022
- Figure 2:
- ACTIVE INGREDIENT PRICE PER METRIC TON, USD, GLOBAL, 2017 - 2022
- Figure 3:
- FUNGICIDE VOLUME METRIC TON, GLOBAL, 2017 - 2029
- Figure 4:
- FUNGICIDE VALUE USD, GLOBAL, 2017 - 2029
- Figure 5:
- FUNGICIDE MARKET BY APPLICATION MODE, METRIC TON, GLOBAL, 2017 - 2029
- Figure 6:
- FUNGICIDE MARKET BY APPLICATION MODE, USD, GLOBAL, 2017 - 2029
- Figure 7:
- VALUE SHARE OF FUNGICIDE BY APPLICATION MODE, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 8:
- VOLUME SHARE OF FUNGICIDE BY APPLICATION MODE, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 9:
- CROP PROTECTION CHEMICALS APPLIED THROUGH CHEMIGATION, METRIC TON, GLOBAL, 2017 - 2029
- Figure 10:
- CROP PROTECTION CHEMICALS APPLIED THROUGH CHEMIGATION, USD, GLOBAL, 2017 - 2029
- Figure 11:
- VALUE SHARE OF CHEMIGATION BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 12:
- CROP PROTECTION CHEMICALS APPLIED THROUGH FOLIAR, METRIC TON, GLOBAL, 2017 - 2029
- Figure 13:
- CROP PROTECTION CHEMICALS APPLIED THROUGH FOLIAR, USD, GLOBAL, 2017 - 2029
- Figure 14:
- VALUE SHARE OF FOLIAR BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 15:
- CROP PROTECTION CHEMICALS APPLIED THROUGH FUMIGATION, METRIC TON, GLOBAL, 2017 - 2029
- Figure 16:
- CROP PROTECTION CHEMICALS APPLIED THROUGH FUMIGATION, USD, GLOBAL, 2017 - 2029
- Figure 17:
- VALUE SHARE OF FUMIGATION BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 18:
- CROP PROTECTION CHEMICALS APPLIED THROUGH SEED TREATMENT, METRIC TON, GLOBAL, 2017 - 2029
- Figure 19:
- CROP PROTECTION CHEMICALS APPLIED THROUGH SEED TREATMENT, USD, GLOBAL, 2017 - 2029
- Figure 20:
- VALUE SHARE OF SEED TREATMENT BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 21:
- CROP PROTECTION CHEMICALS APPLIED THROUGH SOIL TREATMENT, METRIC TON, GLOBAL, 2017 - 2029
- Figure 22:
- CROP PROTECTION CHEMICALS APPLIED THROUGH SOIL TREATMENT, USD, GLOBAL, 2017 - 2029
- Figure 23:
- VALUE SHARE OF SOIL TREATMENT BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 24:
- FUNGICIDE MARKET BY CROP TYPE, METRIC TON, GLOBAL, 2017 - 2029
- Figure 25:
- FUNGICIDE MARKET BY CROP TYPE, USD, GLOBAL, 2017 - 2029
- Figure 26:
- VALUE SHARE OF FUNGICIDE BY CROP TYPE, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 27:
- VOLUME SHARE OF FUNGICIDE BY CROP TYPE, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 28:
- FUNGICIDE CONSUMED BY COMMERCIAL CROPS, METRIC TON, GLOBAL, 2017 - 2029
- Figure 29:
- FUNGICIDE CONSUMED BY COMMERCIAL CROPS, USD, GLOBAL, 2017 - 2029
- Figure 30:
- VALUE SHARE OF COMMERCIAL CROPS BY APPLICATION MODE, %, GLOBAL, 2022 VS 2029
- Figure 31:
- FUNGICIDE CONSUMED BY FRUITS & VEGETABLES, METRIC TON, GLOBAL, 2017 - 2029
- Figure 32:
- FUNGICIDE CONSUMED BY FRUITS & VEGETABLES, USD, GLOBAL, 2017 - 2029
- Figure 33:
- VALUE SHARE OF FRUITS & VEGETABLES BY APPLICATION MODE, %, GLOBAL, 2022 VS 2029
- Figure 34:
- FUNGICIDE CONSUMED BY GRAINS & CEREALS, METRIC TON, GLOBAL, 2017 - 2029
- Figure 35:
- FUNGICIDE CONSUMED BY GRAINS & CEREALS, USD, GLOBAL, 2017 - 2029
- Figure 36:
- VALUE SHARE OF GRAINS & CEREALS BY APPLICATION MODE, %, GLOBAL, 2022 VS 2029
- Figure 37:
- FUNGICIDE CONSUMED BY PULSES & OILSEEDS, METRIC TON, GLOBAL, 2017 - 2029
- Figure 38:
- FUNGICIDE CONSUMED BY PULSES & OILSEEDS, USD, GLOBAL, 2017 - 2029
- Figure 39:
- VALUE SHARE OF PULSES & OILSEEDS BY APPLICATION MODE, %, GLOBAL, 2022 VS 2029
- Figure 40:
- FUNGICIDE CONSUMED BY TURF & ORNAMENTAL, METRIC TON, GLOBAL, 2017 - 2029
- Figure 41:
- FUNGICIDE CONSUMED BY TURF & ORNAMENTAL, USD, GLOBAL, 2017 - 2029
- Figure 42:
- VALUE SHARE OF TURF & ORNAMENTAL BY APPLICATION MODE, %, GLOBAL, 2022 VS 2029
- Figure 43:
- FUNGICIDE MARKET BY REGION, METRIC TON, GLOBAL, 2017 - 2029
- Figure 44:
- FUNGICIDE MARKET BY REGION, USD, GLOBAL, 2017 - 2029
- Figure 45:
- VALUE SHARE OF FUNGICIDE BY REGION, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 46:
- VOLUME SHARE OF FUNGICIDE BY REGION, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 47:
- FUNGICIDE MARKET BY COUNTRY, METRIC TON, GLOBAL, 2017 - 2029
- Figure 48:
- FUNGICIDE MARKET BY COUNTRY, USD, GLOBAL, 2017 - 2029
- Figure 49:
- VALUE SHARE OF FUNGICIDE BY COUNTRY, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 50:
- VOLUME SHARE OF FUNGICIDE BY COUNTRY, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 51:
- FUNGICIDE CONSUMED BY SOUTH AFRICA, METRIC TON, GLOBAL, 2017 - 2029
- Figure 52:
- FUNGICIDE CONSUMED BY SOUTH AFRICA, USD, GLOBAL, 2017 - 2029
- Figure 53:
- VALUE SHARE OF SOUTH AFRICA BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 54:
- FUNGICIDE CONSUMED BY REST OF AFRICA, METRIC TON, GLOBAL, 2017 - 2029
- Figure 55:
- FUNGICIDE CONSUMED BY REST OF AFRICA, USD, GLOBAL, 2017 - 2029
- Figure 56:
- VALUE SHARE OF REST OF AFRICA BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 57:
- FUNGICIDE MARKET BY COUNTRY, METRIC TON, GLOBAL, 2017 - 2029
- Figure 58:
- FUNGICIDE MARKET BY COUNTRY, USD, GLOBAL, 2017 - 2029
- Figure 59:
- VALUE SHARE OF FUNGICIDE BY COUNTRY, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 60:
- VOLUME SHARE OF FUNGICIDE BY COUNTRY, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 61:
- FUNGICIDE CONSUMED BY AUSTRALIA, METRIC TON, GLOBAL, 2017 - 2029
- Figure 62:
- FUNGICIDE CONSUMED BY AUSTRALIA, USD, GLOBAL, 2017 - 2029
- Figure 63:
- VALUE SHARE OF AUSTRALIA BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 64:
- FUNGICIDE CONSUMED BY CHINA, METRIC TON, GLOBAL, 2017 - 2029
- Figure 65:
- FUNGICIDE CONSUMED BY CHINA, USD, GLOBAL, 2017 - 2029
- Figure 66:
- VALUE SHARE OF CHINA BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 67:
- FUNGICIDE CONSUMED BY INDIA, METRIC TON, GLOBAL, 2017 - 2029
- Figure 68:
- FUNGICIDE CONSUMED BY INDIA, USD, GLOBAL, 2017 - 2029
- Figure 69:
- VALUE SHARE OF INDIA BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 70:
- FUNGICIDE CONSUMED BY INDONESIA, METRIC TON, GLOBAL, 2017 - 2029
- Figure 71:
- FUNGICIDE CONSUMED BY INDONESIA, USD, GLOBAL, 2017 - 2029
- Figure 72:
- VALUE SHARE OF INDONESIA BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 73:
- FUNGICIDE CONSUMED BY JAPAN, METRIC TON, GLOBAL, 2017 - 2029
- Figure 74:
- FUNGICIDE CONSUMED BY JAPAN, USD, GLOBAL, 2017 - 2029
- Figure 75:
- VALUE SHARE OF JAPAN BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 76:
- FUNGICIDE CONSUMED BY MYANMAR, METRIC TON, GLOBAL, 2017 - 2029
- Figure 77:
- FUNGICIDE CONSUMED BY MYANMAR, USD, GLOBAL, 2017 - 2029
- Figure 78:
- VALUE SHARE OF MYANMAR BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 79:
- FUNGICIDE CONSUMED BY PAKISTAN, METRIC TON, GLOBAL, 2017 - 2029
- Figure 80:
- FUNGICIDE CONSUMED BY PAKISTAN, USD, GLOBAL, 2017 - 2029
- Figure 81:
- VALUE SHARE OF PAKISTAN BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 82:
- FUNGICIDE CONSUMED BY PHILIPPINES, METRIC TON, GLOBAL, 2017 - 2029
- Figure 83:
- FUNGICIDE CONSUMED BY PHILIPPINES, USD, GLOBAL, 2017 - 2029
- Figure 84:
- VALUE SHARE OF PHILIPPINES BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 85:
- FUNGICIDE CONSUMED BY THAILAND, METRIC TON, GLOBAL, 2017 - 2029
- Figure 86:
- FUNGICIDE CONSUMED BY THAILAND, USD, GLOBAL, 2017 - 2029
- Figure 87:
- VALUE SHARE OF THAILAND BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 88:
- FUNGICIDE CONSUMED BY VIETNAM, METRIC TON, GLOBAL, 2017 - 2029
- Figure 89:
- FUNGICIDE CONSUMED BY VIETNAM, USD, GLOBAL, 2017 - 2029
- Figure 90:
- VALUE SHARE OF VIETNAM BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 91:
- FUNGICIDE CONSUMED BY REST OF ASIA-PACIFIC, METRIC TON, GLOBAL, 2017 - 2029
- Figure 92:
- FUNGICIDE CONSUMED BY REST OF ASIA-PACIFIC, USD, GLOBAL, 2017 - 2029
- Figure 93:
- VALUE SHARE OF REST OF ASIA-PACIFIC BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 94:
- FUNGICIDE MARKET BY COUNTRY, METRIC TON, GLOBAL, 2017 - 2029
- Figure 95:
- FUNGICIDE MARKET BY COUNTRY, USD, GLOBAL, 2017 - 2029
- Figure 96:
- VALUE SHARE OF FUNGICIDE BY COUNTRY, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 97:
- VOLUME SHARE OF FUNGICIDE BY COUNTRY, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 98:
- FUNGICIDE CONSUMED BY FRANCE, METRIC TON, GLOBAL, 2017 - 2029
- Figure 99:
- FUNGICIDE CONSUMED BY FRANCE, USD, GLOBAL, 2017 - 2029
- Figure 100:
- VALUE SHARE OF FRANCE BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 101:
- FUNGICIDE CONSUMED BY GERMANY, METRIC TON, GLOBAL, 2017 - 2029
- Figure 102:
- FUNGICIDE CONSUMED BY GERMANY, USD, GLOBAL, 2017 - 2029
- Figure 103:
- VALUE SHARE OF GERMANY BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 104:
- FUNGICIDE CONSUMED BY ITALY, METRIC TON, GLOBAL, 2017 - 2029
- Figure 105:
- FUNGICIDE CONSUMED BY ITALY, USD, GLOBAL, 2017 - 2029
- Figure 106:
- VALUE SHARE OF ITALY BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 107:
- FUNGICIDE CONSUMED BY NETHERLANDS, METRIC TON, GLOBAL, 2017 - 2029
- Figure 108:
- FUNGICIDE CONSUMED BY NETHERLANDS, USD, GLOBAL, 2017 - 2029
- Figure 109:
- VALUE SHARE OF NETHERLANDS BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 110:
- FUNGICIDE CONSUMED BY RUSSIA, METRIC TON, GLOBAL, 2017 - 2029
- Figure 111:
- FUNGICIDE CONSUMED BY RUSSIA, USD, GLOBAL, 2017 - 2029
- Figure 112:
- VALUE SHARE OF RUSSIA BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 113:
- FUNGICIDE CONSUMED BY SPAIN, METRIC TON, GLOBAL, 2017 - 2029
- Figure 114:
- FUNGICIDE CONSUMED BY SPAIN, USD, GLOBAL, 2017 - 2029
- Figure 115:
- VALUE SHARE OF SPAIN BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 116:
- FUNGICIDE CONSUMED BY UKRAINE, METRIC TON, GLOBAL, 2017 - 2029
- Figure 117:
- FUNGICIDE CONSUMED BY UKRAINE, USD, GLOBAL, 2017 - 2029
- Figure 118:
- VALUE SHARE OF UKRAINE BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 119:
- FUNGICIDE CONSUMED BY UNITED KINGDOM, METRIC TON, GLOBAL, 2017 - 2029
- Figure 120:
- FUNGICIDE CONSUMED BY UNITED KINGDOM, USD, GLOBAL, 2017 - 2029
- Figure 121:
- VALUE SHARE OF UNITED KINGDOM BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 122:
- FUNGICIDE CONSUMED BY REST OF EUROPE, METRIC TON, GLOBAL, 2017 - 2029
- Figure 123:
- FUNGICIDE CONSUMED BY REST OF EUROPE, USD, GLOBAL, 2017 - 2029
- Figure 124:
- VALUE SHARE OF REST OF EUROPE BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 125:
- FUNGICIDE MARKET BY COUNTRY, METRIC TON, GLOBAL, 2017 - 2029
- Figure 126:
- FUNGICIDE MARKET BY COUNTRY, USD, GLOBAL, 2017 - 2029
- Figure 127:
- VALUE SHARE OF FUNGICIDE BY COUNTRY, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 128:
- VOLUME SHARE OF FUNGICIDE BY COUNTRY, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 129:
- FUNGICIDE CONSUMED BY CANADA, METRIC TON, GLOBAL, 2017 - 2029
- Figure 130:
- FUNGICIDE CONSUMED BY CANADA, USD, GLOBAL, 2017 - 2029
- Figure 131:
- VALUE SHARE OF CANADA BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 132:
- FUNGICIDE CONSUMED BY MEXICO, METRIC TON, GLOBAL, 2017 - 2029
- Figure 133:
- FUNGICIDE CONSUMED BY MEXICO, USD, GLOBAL, 2017 - 2029
- Figure 134:
- VALUE SHARE OF MEXICO BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 135:
- FUNGICIDE CONSUMED BY UNITED STATES, METRIC TON, GLOBAL, 2017 - 2029
- Figure 136:
- FUNGICIDE CONSUMED BY UNITED STATES, USD, GLOBAL, 2017 - 2029
- Figure 137:
- VALUE SHARE OF UNITED STATES BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 138:
- FUNGICIDE CONSUMED BY REST OF NORTH AMERICA, METRIC TON, GLOBAL, 2017 - 2029
- Figure 139:
- FUNGICIDE CONSUMED BY REST OF NORTH AMERICA, USD, GLOBAL, 2017 - 2029
- Figure 140:
- VALUE SHARE OF REST OF NORTH AMERICA BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 141:
- FUNGICIDE MARKET BY COUNTRY, METRIC TON, GLOBAL, 2017 - 2029
- Figure 142:
- FUNGICIDE MARKET BY COUNTRY, USD, GLOBAL, 2017 - 2029
- Figure 143:
- VALUE SHARE OF FUNGICIDE BY COUNTRY, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 144:
- VOLUME SHARE OF FUNGICIDE BY COUNTRY, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 145:
- FUNGICIDE CONSUMED BY ARGENTINA, METRIC TON, GLOBAL, 2017 - 2029
- Figure 146:
- FUNGICIDE CONSUMED BY ARGENTINA, USD, GLOBAL, 2017 - 2029
- Figure 147:
- VALUE SHARE OF ARGENTINA BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 148:
- FUNGICIDE CONSUMED BY BRAZIL, METRIC TON, GLOBAL, 2017 - 2029
- Figure 149:
- FUNGICIDE CONSUMED BY BRAZIL, USD, GLOBAL, 2017 - 2029
- Figure 150:
- VALUE SHARE OF BRAZIL BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 151:
- FUNGICIDE CONSUMED BY CHILE, METRIC TON, GLOBAL, 2017 - 2029
- Figure 152:
- FUNGICIDE CONSUMED BY CHILE, USD, GLOBAL, 2017 - 2029
- Figure 153:
- VALUE SHARE OF CHILE BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 154:
- FUNGICIDE CONSUMED BY REST OF SOUTH AMERICA, METRIC TON, GLOBAL, 2017 - 2029
- Figure 155:
- FUNGICIDE CONSUMED BY REST OF SOUTH AMERICA, USD, GLOBAL, 2017 - 2029
- Figure 156:
- VALUE SHARE OF REST OF SOUTH AMERICA BY CROP TYPE, %, GLOBAL, 2022 VS 2029
- Figure 157:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, GLOBAL, 2017-2022
- Figure 158:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, GLOBAL, 2017-2022
- Figure 159:
- MARKET SHARE OF MAJOR PLAYERS, %, GLOBAL
Fungicide Industry Segmentation
Chemigation, Foliar, Fumigation, Seed Treatment, Soil Treatment are covered as segments by Application Mode. Commercial Crops, Fruits & Vegetables, Grains & Cereals, Pulses & Oilseeds, Turf & Ornamental are covered as segments by Crop Type. Africa, Asia-Pacific, Europe, North America, South America are covered as segments by Region.| Application Mode | Chemigation | |||
| Foliar | ||||
| Fumigation | ||||
| Seed Treatment | ||||
| Soil Treatment | ||||
| Crop Type | Commercial Crops | |||
| Fruits & Vegetables | ||||
| Grains & Cereals | ||||
| Pulses & Oilseeds | ||||
| Turf & Ornamental | ||||
| Region | Africa | By Country | South Africa | |
| Rest of Africa | ||||
| Asia-Pacific | By Country | Australia | ||
| China | ||||
| India | ||||
| Indonesia | ||||
| Japan | ||||
| Myanmar | ||||
| Pakistan | ||||
| Philippines | ||||
| Thailand | ||||
| Vietnam | ||||
| Rest of Asia-Pacific | ||||
| Europe | By Country | France | ||
| Germany | ||||
| Italy | ||||
| Netherlands | ||||
| Russia | ||||
| Spain | ||||
| Ukraine | ||||
| United Kingdom | ||||
| Rest of Europe | ||||
| North America | By Country | Canada | ||
| Mexico | ||||
| United States | ||||
| Rest of North America | ||||
| South America | By Country | Argentina | ||
| Brazil | ||||
| Chile | ||||
| Rest of South America | ||||
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Market Definition
- Function - Fungicides are chemicals used to control or prevent fungi from damaging the crop and prevent yield loss.
- Application Mode - Foliar, Seed Treatment, Soil Treatment, Chemigation, and Fumigation are the different type of application modes through which crop protection chemicals are applied to the crops.
- Crop Type - This represents the consumption of crop protection chemicals by Cereals, Pulses, Oilseeds, Fruits, Vegetables, Turf, and Ornamental crops.
| Keyword | Definition |
|---|---|
| IWM | Integrated weed management (IWM) is an approach to incorporate multiple weed control techniques throughout the growing season to give producers the best opportunity to control problematic weeds. |
| Host | Hosts are the plants that form relationships with beneficial microorganisms and help them colonize. |
| Pathogen | A disease-causing organism. |
| Herbigation | Herbigation is an effective method of applying herbicides through irrigation systems. |
| Maximum residue levels (MRL) | Maximum Residue Limit (MRL) is the maximum allowed limit of pesticide residue in food or feed obtained from plants and animals. |
| IoT | The Internet of Things (IoT) is a network of interconnected devices that connect and exchange data with other IoT devices and the cloud. |
| Herbicide-tolerant varieties (HTVs) | Herbicide-tolerant varieties are plant species that have been genetically engineered to be resistant to herbicides used on crops. |
| Chemigation | Chemigation is a method of applying pesticides to crops through an irrigation system. |
| Crop Protection | Crop protection is a method of protecting crop yields from different pests, including insects, weeds, plant diseases, and others that cause damage to agricultural crops. |
| Seed Treatment | Seed treatment helps to disinfect seeds or seedlings from seed-borne or soil-borne pests. Crop protection chemicals, such as fungicides, insecticides, or nematicides, are commonly used for seed treatment. |
| Fumigation | Fumigation is the application of crop protection chemicals in gaseous form to control pests. |
| Bait | A bait is a food or other material used to lure a pest and kill it through various methods, including poisoning. |
| Contact Fungicide | Contact pesticides prevent crop contamination and combat fungal pathogens. They act on pests (fungi) only when they come in contact with the pests. |
| Systemic Fungicide | A systemic fungicide is a compound taken up by a plant and then translocated within the plant, thus protecting the plant from attack by pathogens. |
| Mass Drug Administration (MDA) | Mass drug administration is the strategy to control or eliminate many neglected tropical diseases. |
| Mollusks | Mollusks are pests that feed on crops, causing crop damage and yield loss. Mollusks include octopi, squid, snails, and slugs. |
| Pre-emergence Herbicide | Preemergence herbicides are a form of chemical weed control that prevents germinated weed seedlings from becoming established. |
| Post-emergence Herbicide | Postemergence herbicides are applied to the agricultural field to control weeds after emergence (germination) of seeds or seedlings. |
| Active Ingredients | Active ingredients are the chemicals in pesticide products that kill, control, or repel pests. |
| United States Department of Agriculture (USDA) | The Department of Agriculture provides leadership on food, agriculture, natural resources, and related issues. |
| Weed Science Society of America (WSSA) | The WSSA, a non-profit professional society, promotes research, education, and extension outreach activities related to weeds. |
| Suspension concentrate | Suspension concentrate (SC) is one of the formulations of crop protection chemicals with solid active ingredients dispersed in water. |
| Wettable powder | A wettable powder (WP) is a powder formulation that forms a suspension when mixed with water prior to spraying. |
| Emulsifiable concentrate | Emulsifiable concentrate (EC) is a concentrated liquid formulation of pesticide that needs to be diluted with water to create a spray solution. |
| Plant-parasitic nematodes | Parasitic Nematodes feed on the roots of crops, causing damage to the roots. These damages allow for easy plant infestation by soil-borne pathogens, which results in crop or yield loss. |
| Australian Weeds Strategy (AWS) | The Australian Weeds Strategy, owned by the Environment and Invasives Committee, provides national guidance on weed management. |
| Weed Science Society of Japan (WSSJ) | WSSJ aims to contribute to the prevention of weed damage and the utilization of weed value by providing the chance for research presentation and information exchange. |
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Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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