US Fungicide Market Size
| 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 |
|
Largest Share by Application Mode | Foliar |
|
|
CAGR (2024 - 2029) | 4.17 % |
|
|
Fastest Growing by Application Mode | Foliar |
|
|
Market Concentration | High |
Major Players |
||
|
||
|
*Disclaimer: Major Players sorted in alphabetical 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.
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US Fungicide Market Trends
The consumption of insecticides is being driven by the rising pest infestation
- Plant diseases have a significant impact on yields and quality. Crop losses due to plant pathogens are estimated at USD 21 billion per year. Due to these factors, the demand for fungicides in the United States is expected to increase to protect crops from diseases.
- The emergence and spread of plant disease outbreaks have become a growing concern, significantly impacting agricultural production. They are posing threats to both food security and economic stability. In 2021, the California Department of Food and Agriculture (CDFA) confirmed that 2,510 trees across five counties were infected by citrus greening disease. In response to such outbreaks, farmers have increasingly turned to the usage of fungicides as a means to effectively address plant diseases and mitigate their impact.
- Plant diseases reduced corn bushels by 6.5% across the United States in 2021, up from an overall 3.9% in 2020, corresponding more closely with the overall 6.8% loss experienced in 2019. In 2018, an overall 10.9% loss occurred in corn bushels in the United States. Most of this increase in disease loss was due to severe outbreaks of tar spots in Illinois, Indiana, Michigan, and Wisconsin. The increased distribution and incidence of diseases in 2019 and 2020 compared to 2018 also increased fungicide consumption in the country.
- Therefore, with the increasing incidence of plant diseases, the reduction in crop production, and the emergence of new plant pathogens, the US fungicide market is expected to witness significant growth. The demand for fungicides may continue to rise as farmers seek effective solutions to combat diseases, safeguard crop yields, and address the challenges posed by emerging plant pathogens.
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The growing demand for mancozeb in various major crops and insufficient domestic production of it is raising the price of mancozeb in the country
- Mancozeb, propineb, and ziram are the most commonly used fungicide ingredients in the United States. In 2021, the country imported most of its fungicides from India, Belgium, and Germany, and it is the third-largest importer of fungicides worldwide.
- Mancozeb is a broad-spectrum contact fungicide that is labeled for use on many fruit, vegetable, nut, and field crops in the United States. It provides protection against a wide spectrum of fungal diseases, including potato blight, leaf spot, scab, and rust. It also serves as a seed treatment for crops such as potatoes, corn, sorghum, tomatoes, and cereal grains. In 2022, its market value reached USD 7.8 thousand per metric ton.
- Propineb, a contact fungicide, accounted for a market value of USD 3.5 thousand per metric ton in 2022. Its application extends to managing a range of diseases, including scab, early & late blight, dieback, buckeye rot, downy mildew, fruit spots, and brown, narrow-leaf spot diseases affecting apples, potatoes, chili, and tomatoes.
- Ziram is a fungicide belonging to the dimethyldithiocarbamate group, registered to control fungal diseases across a wide range of crops like stone fruits, pome fruits, nuts, vegetables, and commercially cultivated ornamental plants. Its applications comprise addressing issues like scabs in apples and pears, leaf curls in peaches, anthracnose, and early blight in tomatoes. It is used to prevent crop damage in the field and also applied prior to harvesting to prevent fruits from deterioration in storage or transport. Its price in 2022 accounted for USD 3.3 thousand per metric ton.
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US Fungicide Industry Overview
The US Fungicide Market is fairly consolidated, with the top five companies occupying 73.03%. The major players in this market are BASF SE, Bayer AG, Corteva Agriscience, Syngenta Group and UPL Limited (sorted alphabetically).
US Fungicide Market Leaders
BASF SE
Bayer AG
Corteva Agriscience
Syngenta Group
UPL Limited
Other important companies include ADAMA Agricultural Solutions Ltd., American Vanguard Corporation, FMC Corporation, Nufarm Ltd, Sumitomo Chemical Co. Ltd.
*Disclaimer: Major Players sorted in alphabetical order.
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US Fungicide Market News
- January 2023: Bayer formed a new partnership with Oerth Bio to enhance crop protection technology and create more eco-friendly crop protection solutions.
- November 2022: Bayer introduced Luna聽Flex Fungicide, a new fungicide from the Luna brand, for the eastern markets in the United States. This fungicide provides a new line of defense to control fungi like scabs, melanosis, powdery mildew, and sticky stem blight.
- October 2022: FMC introduced Adastrio fungicide, a new three-mode foliar fungicide targeting late-season diseases. This new formulation provides crucial Lepidopteran pest management that is convenient, targeted, and long-lasting in a variety of permanent crops.
Free with this Report
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.
US Fungicide Market Report - Table of Contents
EXECUTIVE SUMMARY & KEY FINDINGS
REPORT OFFERS
1. INTRODUCTION
1.1. Study Assumptions & Market Definition
1.2. Scope of the Study鈥�
1.3. Research Methodology
2. KEY INDUSTRY TRENDS
2.1. Consumption Of Pesticide Per Hectare
2.2. Pricing Analysis For Active Ingredients
2.3. Regulatory Framework
2.3.1. United States
2.4. Value Chain & Distribution Channel Analysis
3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
3.1. Application Mode
3.1.1. Chemigation
3.1.2. Foliar
3.1.3. Fumigation
3.1.4. Seed Treatment
3.1.5. Soil Treatment
3.2. Crop Type
3.2.1. Commercial Crops
3.2.2. Fruits & Vegetables
3.2.3. Grains & Cereals
3.2.4. Pulses & Oilseeds
3.2.5. Turf & Ornamental
4. COMPETITIVE LANDSCAPE
4.1. Key Strategic Moves
4.2. Market Share Analysis
4.3. Company Landscape
4.4. 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)
4.4.1. ADAMA Agricultural Solutions Ltd.
4.4.2. American Vanguard Corporation
4.4.3. BASF SE
4.4.4. Bayer AG
4.4.5. Corteva Agriscience
4.4.6. FMC Corporation
4.4.7. Nufarm Ltd
4.4.8. Sumitomo Chemical Co. Ltd
4.4.9. Syngenta Group
4.4.10. UPL Limited
5. KEY STRATEGIC QUESTIONS FOR CROP PROTECTION CHEMICALS CEOS
6. APPENDIX
6.1. Global Overview
6.1.1. Overview
6.1.2. Porter鈥檚 Five Forces Framework
6.1.3. Global Value Chain Analysis
6.1.4. Market Dynamics (DROs)
6.2. Sources & References
6.3. List of Tables & Figures
6.4. Primary Insights
6.5. Data Pack
6.6. Glossary of Terms
List of Tables & Figures
- Figure 1:
- FUNGICIDE CONSUMPTION PER HECTARE, GRAMS, UNITED STATES, 2017 - 2022
- Figure 2:
- ACTIVE INGREDIENT PRICE PER METRIC TON, USD, UNITED STATES, 2017 - 2022
- Figure 3:
- FUNGICIDE VOLUME METRIC TON, UNITED STATES, 2017 - 2029
- Figure 4:
- FUNGICIDE VALUE USD, UNITED STATES, 2017 - 2029
- Figure 5:
- FUNGICIDE MARKET BY APPLICATION MODE, METRIC TON, UNITED STATES, 2017 - 2029
- Figure 6:
- FUNGICIDE MARKET BY APPLICATION MODE, USD, UNITED STATES, 2017 - 2029
- Figure 7:
- VALUE SHARE OF FUNGICIDE BY APPLICATION MODE, %, UNITED STATES, 2017 VS 2023 VS 2029
- Figure 8:
- VOLUME SHARE OF FUNGICIDE BY APPLICATION MODE, %, UNITED STATES, 2017 VS 2023 VS 2029
- Figure 9:
- CROP PROTECTION CHEMICALS APPLIED THROUGH CHEMIGATION, METRIC TON, UNITED STATES, 2017 - 2029
- Figure 10:
- CROP PROTECTION CHEMICALS APPLIED THROUGH CHEMIGATION, USD, UNITED STATES, 2017 - 2029
- Figure 11:
- VALUE SHARE OF CHEMIGATION BY CROP TYPE, %, UNITED STATES, 2022 VS 2029
- Figure 12:
- CROP PROTECTION CHEMICALS APPLIED THROUGH FOLIAR, METRIC TON, UNITED STATES, 2017 - 2029
- Figure 13:
- CROP PROTECTION CHEMICALS APPLIED THROUGH FOLIAR, USD, UNITED STATES, 2017 - 2029
- Figure 14:
- VALUE SHARE OF FOLIAR BY CROP TYPE, %, UNITED STATES, 2022 VS 2029
- Figure 15:
- CROP PROTECTION CHEMICALS APPLIED THROUGH FUMIGATION, METRIC TON, UNITED STATES, 2017 - 2029
- Figure 16:
- CROP PROTECTION CHEMICALS APPLIED THROUGH FUMIGATION, USD, UNITED STATES, 2017 - 2029
- Figure 17:
- VALUE SHARE OF FUMIGATION BY CROP TYPE, %, UNITED STATES, 2022 VS 2029
- Figure 18:
- CROP PROTECTION CHEMICALS APPLIED THROUGH SEED TREATMENT, METRIC TON, UNITED STATES, 2017 - 2029
- Figure 19:
- CROP PROTECTION CHEMICALS APPLIED THROUGH SEED TREATMENT, USD, UNITED STATES, 2017 - 2029
- Figure 20:
- VALUE SHARE OF SEED TREATMENT BY CROP TYPE, %, UNITED STATES, 2022 VS 2029
- Figure 21:
- CROP PROTECTION CHEMICALS APPLIED THROUGH SOIL TREATMENT, METRIC TON, UNITED STATES, 2017 - 2029
- Figure 22:
- CROP PROTECTION CHEMICALS APPLIED THROUGH SOIL TREATMENT, USD, UNITED STATES, 2017 - 2029
- Figure 23:
- VALUE SHARE OF SOIL TREATMENT BY CROP TYPE, %, UNITED STATES, 2022 VS 2029
- Figure 24:
- FUNGICIDE MARKET BY CROP TYPE, METRIC TON, UNITED STATES, 2017 - 2029
- Figure 25:
- FUNGICIDE MARKET BY CROP TYPE, USD, UNITED STATES, 2017 - 2029
- Figure 26:
- VALUE SHARE OF FUNGICIDE BY CROP TYPE, %, UNITED STATES, 2017 VS 2023 VS 2029
- Figure 27:
- VOLUME SHARE OF FUNGICIDE BY CROP TYPE, %, UNITED STATES, 2017 VS 2023 VS 2029
- Figure 28:
- FUNGICIDE CONSUMED BY COMMERCIAL CROPS, METRIC TON, UNITED STATES, 2017 - 2029
- Figure 29:
- FUNGICIDE CONSUMED BY COMMERCIAL CROPS, USD, UNITED STATES, 2017 - 2029
- Figure 30:
- VALUE SHARE OF COMMERCIAL CROPS BY APPLICATION MODE, %, UNITED STATES, 2022 VS 2029
- Figure 31:
- FUNGICIDE CONSUMED BY FRUITS & VEGETABLES, METRIC TON, UNITED STATES, 2017 - 2029
- Figure 32:
- FUNGICIDE CONSUMED BY FRUITS & VEGETABLES, USD, UNITED STATES, 2017 - 2029
- Figure 33:
- VALUE SHARE OF FRUITS & VEGETABLES BY APPLICATION MODE, %, UNITED STATES, 2022 VS 2029
- Figure 34:
- FUNGICIDE CONSUMED BY GRAINS & CEREALS, METRIC TON, UNITED STATES, 2017 - 2029
- Figure 35:
- FUNGICIDE CONSUMED BY GRAINS & CEREALS, USD, UNITED STATES, 2017 - 2029
- Figure 36:
- VALUE SHARE OF GRAINS & CEREALS BY APPLICATION MODE, %, UNITED STATES, 2022 VS 2029
- Figure 37:
- FUNGICIDE CONSUMED BY PULSES & OILSEEDS, METRIC TON, UNITED STATES, 2017 - 2029
- Figure 38:
- FUNGICIDE CONSUMED BY PULSES & OILSEEDS, USD, UNITED STATES, 2017 - 2029
- Figure 39:
- VALUE SHARE OF PULSES & OILSEEDS BY APPLICATION MODE, %, UNITED STATES, 2022 VS 2029
- Figure 40:
- FUNGICIDE CONSUMED BY TURF & ORNAMENTAL, METRIC TON, UNITED STATES, 2017 - 2029
- Figure 41:
- FUNGICIDE CONSUMED BY TURF & ORNAMENTAL, USD, UNITED STATES, 2017 - 2029
- Figure 42:
- VALUE SHARE OF TURF & ORNAMENTAL BY APPLICATION MODE, %, UNITED STATES, 2022 VS 2029
- Figure 43:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, UNITED STATES, 2017-2022
- Figure 44:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, UNITED STATES, 2017-2022
- Figure 45:
- MARKET SHARE OF MAJOR PLAYERS, %, UNITED STATES 2022
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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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 |
|---|---|
| 滨奥惭鈥� | Integrated weed management (IWM) is an approach聽to incorporate multiple weed control techniques throughout the聽growing season to give producers the best opportunity to control problematic weeds.鈥� |
| 贬辞蝉迟鈥� | Hosts are the plants that form relationships with beneficial microorganisms and help them colonize.鈥� |
| 笔补迟丑辞驳别苍鈥� | A disease-causing organism.鈥� |
| 贬别谤产颈驳补迟颈辞苍鈥� | Herbigation聽is聽an effective method of applying herbicides through irrigation systems.鈥� |
| Maximum residue levels (MRL)鈥� | Maximum Residue Limit (MRL) is the maximum allowed limit of pesticide residue in food or feed obtained from plants and animals. |
| 滨辞罢鈥� | The Internet of Things (IoT) is a network of interconnected devices that connect and exchange data with other IoT devices and the cloud.鈥� |
| Herbicide-tolerant聽varieties (HTVs)鈥� | Herbicide-tolerant聽varieties聽are plant species that have been genetically engineered to be resistant to herbicides used on聽crops.鈥� |
| 颁丑别尘颈驳补迟颈辞苍鈥� | Chemigation is a method of applying pesticides to crops through an irrigation system.鈥� |
| Crop Protection鈥� | 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.鈥� |
| Seed Treatment鈥� | 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. |
| 贵耻尘颈驳补迟颈辞苍鈥� | Fumigation is the application of crop protection chemicals in gaseous form to control pests. |
| Bait | 鈥婣 bait is a food or other material used to lure a pest and kill it through various methods, including poisoning. |
| Contact Fungicide鈥� | Contact pesticides prevent crop contamination and combat fungal pathogens.鈥� They act on pests (fungi) only when they come in contact with the pests. |
| Systemic Fungicide鈥� | 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.鈥� |
| Mass Drug Administration (MDA)鈥� | Mass drug administration is the strategy to control or eliminate many neglected tropical diseases鈥�. |
| 惭辞濒濒耻蝉办蝉鈥� | Mollusks are pests that feed on crops, causing crop damage and yield loss. Mollusks include octopi, squid, snails, and slugs. |
| Pre-emergence Herbicide鈥� | Preemergence herbicides are a form of chemical weed control that prevents germinated weed seedlings from becoming established.鈥� |
| Post-emergence Herbicide鈥� | Postemergence herbicides are applied to the agricultural field to control weeds after emergence (germination) of seeds or seedlings.鈥� |
| Active Ingredients鈥� | Active ingredients聽are the聽chemicals in pesticide聽products that kill, control, or repel pests.鈥� |
| United States Department of Agriculture聽(USDA)鈥� | The Department of Agriculture provides leadership on food, agriculture, natural resources, and related issues鈥�. |
| Weed Science Society of America (WSSA)聽鈥� | The聽WSSA, a non-profit professional society, promotes research, education, and extension outreach activities related to聽weeds鈥�. |
| Suspension concentrate鈥� | Suspension concentrate (SC) is one of the formulations of crop protection chemicals with solid active ingredients dispersed in water.鈥� |
| Wettable powder鈥� | A wettable powder (WP) is a powder formulation that forms a suspension when mixed with water prior to spraying.聽鈥� |
| 贰尘耻濒蝉颈蹿颈补产濒别听肠辞苍肠别苍迟谤补迟别听鈥� | Emulsifiable concentrate (EC) is聽a concentrated liquid formulation of pesticide that needs to be diluted with water to聽create a spray solution.鈥� |
| Plant-parasitic nematodes聽鈥� | 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)鈥� | The Australian Weeds Strategy, owned by the聽Environment and Invasives Committee, provides national guidance on聽weed management.鈥� |
| Weed Science Society of Japan (WSSJ)聽鈥� | 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.鈥� |
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Research Methodology
糖心vlog传媒 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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