Market Size of us fungicide Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 1.00 Billion |
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Market Size (2029) | USD 1.23 Billion |
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Largest Share by Application Mode | Foliar |
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CAGR (2024 - 2029) | 4.17 % |
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Fastest Growing by Application Mode | Foliar |
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Market Concentration | High |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
US Fungicide Market Analysis
The US Fungicide Market size is estimated at 1.00 billion USD in 2024, and is expected to reach 1.23 billion USD by 2029, growing at a CAGR of 4.17% during the forecast period (2024-2029).
1.00 Billion
Market Size in 2024 (USD)
1.23 Billion
Market Size in 2029 (USD)
6.86 %
CAGR (2017-2023)
4.17 %
CAGR (2024-2029)
Largest Segment by Application Mode
60.76 %
value share, Foliar, 2023
Rising demand for high-quality and disease-free crops is driving the need for effective disease management strategies which will drive the demand for foliar application.
Largest Segment by Crop Type
44.72 %
value share, Grains & Cereals, 2023
Grains and cereals consumed the largest portion of fungicides owing to the need to protect cereals and grain crops from fungal diseases to ensure optimal yields.
Fastest-Growing Segment by Crop Type
4.38 %
Projected CAGR, Grains & Cereals, 2024-2029
Grains and cereals consumed the largest portion of fungicides owing to the need to protect cereals and grain crops from fungal diseases to ensure optimal yields.
Leading Market Player 1
23.83 %
market share, Syngenta Group, 2022
The company invests more than USD 1.3 billion per year in global R&D to develop advanced, innovative technologies and products to address farmers' crop protection challenges.
Leading Market Player 2
16.22 %
market share, Bayer AG, 2022
Bayer has partnered with Oerth Bio with an aim to develop next-generation crop protection products based on Oerth Bio's innovative protein degradation technology.
The market is experiencing growth in all segments as farmers are increasingly adopting different methods to protect crops from fungal diseases
- In the US fungicide market, foliar application currently holds the major share, and it is expected to record the fastest growth, with a CAGR of 4.2% during 2023-2029. Foliar application refers to the application of fungicides directly onto the foliage of plants. This method allows for targeted and localized treatment, making it highly effective in controlling fungal diseases on the leaves and stems of crops. The popularity of foliar application can be attributed to its ease of application and immediate impact on disease control.
- During the forecast period (2023-2029), the seed treatment segment is expected to register a CAGR of 4.1% in the US fungicide market, which can be attributed to various factors, including early protection against seed and soil-borne diseases, improved germination rates, and enhanced plant establishment. There is rising awareness among farmers about the importance of early disease control for optimal crop establishment and yield. Seed treatment allows for efficient disease management right at the beginning of the crop's life cycle.
- The chemigation segment was valued at USD 114.6 million in 2022. It is further estimated to grow due to its precise application, reduced labor costs, and increased efficiency in the distribution of fungicides throughout the field. The rising adaption of modern irrigation in the United States is also supporting the growth of the segment.
- The US fungicide market is anticipated to register a CAGR of 4.1% during 2023-2029. It is expected to witness growth in all segments as farmers are increasingly adopting different methods to protect their crops from fungal diseases.
Understand The Key Trends Shaping This Market
US 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.
- In the US fungicide market, foliar application currently holds the major share, and it is expected to record the fastest growth, with a CAGR of 4.2% during 2023-2029. Foliar application refers to the application of fungicides directly onto the foliage of plants. This method allows for targeted and localized treatment, making it highly effective in controlling fungal diseases on the leaves and stems of crops. The popularity of foliar application can be attributed to its ease of application and immediate impact on disease control.
- During the forecast period (2023-2029), the seed treatment segment is expected to register a CAGR of 4.1% in the US fungicide market, which can be attributed to various factors, including early protection against seed and soil-borne diseases, improved germination rates, and enhanced plant establishment. There is rising awareness among farmers about the importance of early disease control for optimal crop establishment and yield. Seed treatment allows for efficient disease management right at the beginning of the crop's life cycle.
- The chemigation segment was valued at USD 114.6 million in 2022. It is further estimated to grow due to its precise application, reduced labor costs, and increased efficiency in the distribution of fungicides throughout the field. The rising adaption of modern irrigation in the United States is also supporting the growth of the segment.
- The US fungicide market is anticipated to register a CAGR of 4.1% during 2023-2029. It is expected to witness growth in all segments as farmers are increasingly adopting different methods to protect their crops from fungal diseases.
| Application Mode | |
| Chemigation | |
| Foliar | |
| Fumigation | |
| Seed Treatment | |
| Soil Treatment |
| Crop Type | |
| Commercial Crops | |
| Fruits & Vegetables | |
| Grains & Cereals | |
| Pulses & Oilseeds | |
| Turf & Ornamental |
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US Fungicide Market Size Summary
The US fungicide market is poised for steady growth, driven by the increasing need to combat fungal diseases that significantly impact agricultural yields and quality. The market is characterized by a diverse range of application methods, with foliar application currently holding the largest share and expected to grow rapidly. This method's effectiveness in providing targeted and immediate disease control contributes to its popularity among farmers. The seed treatment segment is also anticipated to expand, as it offers early protection against diseases, improving germination rates and plant establishment. Additionally, the chemigation segment is gaining traction due to its precise application and efficiency, supported by the adoption of modern irrigation practices in the United States.
The demand for fungicides is further bolstered by the rising incidence of plant diseases, which pose threats to food security and economic stability. The emergence of new plant pathogens and severe disease outbreaks have led to increased crop losses, prompting farmers to seek effective fungicide solutions. Mancozeb, propineb, and ziram are among the most commonly used fungicide ingredients in the country, with significant imports from countries like India, Belgium, and Germany. The market is fairly consolidated, with major players such as BASF SE, Bayer AG, Corteva Agriscience, Syngenta Group, and UPL Limited dominating the landscape. Recent developments, including partnerships and new product introductions, highlight the ongoing innovation and strategic efforts to enhance crop protection technologies in the US fungicide market.
US Fungicide Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
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1.1 Application Mode
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1.1.1 Chemigation
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1.1.2 Foliar
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1.1.3 Fumigation
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1.1.4 Seed Treatment
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1.1.5 Soil Treatment
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1.2 Crop Type
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1.2.1 Commercial Crops
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1.2.2 Fruits & Vegetables
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1.2.3 Grains & Cereals
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1.2.4 Pulses & Oilseeds
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1.2.5 Turf & Ornamental
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US Fungicide Market Size FAQs
How big is the US Fungicide Market?
The US Fungicide Market size is expected to reach USD 1.00 billion in 2024 and grow at a CAGR of 4.17% to reach USD 1.23 billion by 2029.
What is the current US Fungicide Market size?
In 2024, the US Fungicide Market size is expected to reach USD 1.00 billion.
