Liquid Fungicides Market Synopsis

Liquid Fungicides Market Size is Valued at USD 11.59 Billion in 2023, and is Projected to Reach USD 16.74 Billion by 2032, Growing at a CAGR of 4.17% From 2024-2032.

Liquid fungicides are chemicals that solve and are applied to vegetation to manage fungi diseases. These are used topically on the affected skin, nail or hair or used on the soil and action by interfering with at least one metabolic function in the fungal cell, slowing or halting fungal growth or killing the fungus. Semisolids may be applied in this form and can be easily spread and absorbed by plants, and they are equally useful in controlling several plant pathogens.

• Over the recent past, there has been an upsurge in the liquid fungicides market due to the increasing effects of fungus on crops and intricate agricultural productivity services. Mobile fungicides are crucial tools in the fight against diseases threatening a variety of food crops such as fruits, vegetables and grains. Special emphasis is given to the fact that the market offers a large number of products: systemic and contact fungicides are used at different stages of plant development.
• Technological improvement has allowed better formulation and methods of applying the liquid fungicides making them more effective. Further, with the increasing popularity of healthy agriculture’s concept, manufacturers introduced new environmentally friendly products that are close to consumers’ fancy for organic and non-harmful products. By regions, it is growing across the world, especially in North America, Europe and Asia-Pacific owing to the rising agricultural activities coupled with investment in crop protection; Asia-Pacific market is likely to grow at fastest growing rate in coming years.
• Liquid fungicides market seems to be forcing key players to form strategic alliances, mergers, and acquisition in a bid to boost their market position as well as develop new products. Incidents of regulations regarding use of pesticides also has contributed to molding the market pattern as manufacturers dare not to produce substandard products that may pose harm to the consumer. In summary the liquid fungicides market is expected to grow further stronger due to new advancements and growing need of protection from crop diseases in a changing agricultural world.

Liquid Fungicides Market Trend Analysis

Navigating Agricultural Challenges and Sustainability Initiatives

• Faced with the expected world’s population of nearly 10 billion by the year 2050, the need for increased food production is growing at a never before seen rate. It is this growing demand that is exerting tremendous pressure on agricultural output requiring that farmers apply better agriculture techniques and inputs so as to meet the desired output. Fungicides are essential in combating vast fungal diseases that are likely to bring lose to agriculture production and food security. The shift to using fungicides is not only protecting current agri-product yields but also fits into the broader global need for feeding the world through adaptation in the face of climate and resource change. Therefore, farmers are now preferring liquid fungicides as the liquid commodities are highly absorbed and quickly effective on the fungal pathogens for improving the crop health.
• As noted there has been an increased concern for pests control and their management and also there has been a shift towards sustainable Agriculture. The players throughout the agricultural value chain are also beginning to appreciate sustainable solutions that causes minimal harm to the soils and other natural resources. This awareness has ensured that more manufacturers purchase research and development of harmless fungicide formulations that should include natural help or Biopesticides. They are designed to reduce the effect that regualr chemical fungicides have on the environment while improving the level of fungal threat extermination. However, there is progress in the production of integrated pest management (IPM) strategies for the use of the biocontrol alongside the chemical control techniques among farmers. In engaging these best practices, the stakeholders in agriculture boosts their long-lasting returns and take advantage of the market demand of eco-friendly produce and subsequently expand the use of liquid fungicides.

Advancements in Liquid Fungicides: Biotechnology and Market Transformation

• Pests and diseases are ever on the rise and affecting produce in various ways and as a result, there have been emerging improved formulations of the liquid fungicides that are resulting from biotechnology and advances in fungicides. Contemporary work related to the study of various fungi involve efforts in an attempt to discern about the molecular characteristics of these microorganisms with the view of developing fungicides that would exploits the organism’s weaknesses. Besides improving the efficacy of the fungicides it also reduces the potential for resistance to develop, especially since this has been a problem in previous fungicide usage. At the same time, such developments in biotechnology help to develop fungicides that are less harsh on the environment and this will go well with the developing market for organic farming. Specific strategies are in consonance with IPM concept that tends to blend biological, cultural and chemical control measures in an attempt to minimise pests and diseases.
• Integrated pest management is also picking up among the farmers and currently they are trying to incorporate fungicides as an important aspect of pest management. Incorporating the liquid fungicide with other IPM practices like crop intercropping, bio control agents and cultural methods, the farmer will increase his/her yields of the crop, and at the same time having less dependence on the chemical fungicides. In doing so, advancements in the e-commerce sector are also transforming the distribution map of liquid fungicides, allowing farmers to use a number of products and obtain important information about their application. They include Fungicides; these are digital media through which the fungicides are sold but also platforms through which the farmers get informed of the current state of technology in pest control. Therefore, increased use of digital tools increases the market prospects of liquid fungicides due to improved access to information, technology and practices that support sustainable agriculture.

Liquid Fungicides Market Segment Analysis:

Liquid Fungicides Market Segmented based on By Type, By  Crop Type and By  Application

By Type, Biological segment is expected to dominate the market during the forecast period

• Bioagricultural material is becoming widely accepted in today’s innovative farming and gardening systems because of their utilization of microorganisms, plant extracts and tiny biopesticides that are used to improve crop health and farming production. This change in inputs is relatively as a result of the increasing concern in the effects of synthetic chemicals on the environment and the need for sustainable means in agriculture. Biological inputs on the other hand are created to be functional within the system enhancing soil health, encouraging microorganism activity. Due to the formulation’s enhanced capacity of providing the necessary protection and stability in the agricultural environment, BI’s help in the implementation of integrated pest management (IPM), as a natural solution to pest and disease problems without using dangerous chemical pesticides.
• While the biological segment of agricultural inputs shows great potential for growth as consumers globally demand more organic and sustainably produced food. Producers are gradually realizing that using Bio inputs offer not only better produce quality but also better soil health and ability to withstand adverse weather conditions among other benefits. Furthermore, it is aligned with the current trends allowing the decrease of synthetic chemical inputs as the market for biological inputs is supported. This changing trend means that use of biological agriculture inputs will remain central to determining the way forward in agricultural practice and innovation with environmentally friendly, safe food production for the benefits of producers and consumers as well as social and economic returns.

By Application, Seed Treatment segment held the largest share in 2023

• Seed protection is one of the essential practices in agriculture, in which chemicals or biological productos are applied directly on the seeds before sowing with the purpose of protecting developer seed from pathogens, pests or environmental factors. This action is important in order to increase germination and vigour of the seedlings so that better stands can be developed hence high yields. Most of the seed treatment business has been chemically dominated due to their fast and effective action in combating seed borne diseases and early Peng Control. These treatments are regarded as preferred for extensive farming practices particularly farming that require quick results.
• Modern trends indicate a preference for biological seed treatment products arising from changes in consumer conscience and encouragement of organic farming. Bioorganisms and naturally sourced plant defiance are characteristic of improved root development and general plant durability against unfavourable conditions. Apart from enhancing seedling vigor these treatments also enhance the health of the soil by promoting microbial activity. With the increased awareness of the long-term value of using the biological inputs, the seed treatment market is also envisaged to grow rapidly, which aligns with overall trends of integrated pest management and successful agricultural practices that respects the biological balance and the environment.

Liquid Fungicides Market Regional Insights:

Asia-Pacific is Expected to Dominate the Market Over the Forecast period

• The market for liquid fungicides in the Asia-Pacific region is rapidly on the raise, led by the growing interest in food industry due to increase in population and changes in consumers’ diets. Consumers across the region are rapidly turning into high value products such as fruits, vegetables and grains that are likely to be attacked by fungal diseases due to the emerging culture of urbanization in the region. Some of the countries in the forefront in this revolution include China and India which are absorbing modern technique for agriculture displacing conventional farming. This change is not only beneficial in increasing yield but also demands efficient disease control strategies as a crop’s welfare. While farmers employ new techniques in farming, the use of liquid fungicides is increasingly becoming more profound, hence presenting tremendous market opportunities for manufactures to bring into market differentiated products meeting market needs.
• In addition, government policies promoting increase in agricultural yield and food security create solid foundations for the Asia-Pacific region liquid fungicides market. Several nations are putting measures in place to assist farmers to practice good agricultural practices such as the proper application of fungicides. This is because fund channeled to agriculture research and development is facilitating innovation and thus there is development of the new efficient liquid fungicide. Nevertheless, there are uncommon difficulties still: That research has found a significant lack of producer knowledge when it comes to proper fungicide application and usage that can cause waste and potentially harm their crops. Also there might be certain restrictions in some places to impose the use of new products and technologies. To overcome these challenges, there should be integrated training programs and fewer regulations in order to maximize the opportunities available for its growth by the liquid fungicides market in the region.

Active Key Players in the Liquid Fungicides Market

• Nufarm (Australia)
• Dow (U.S.)
• ADAMA (Israel)
• Syngenta (Switzerland)
• Bayer AG (Germany)
• Sumitomo Chemical Co., Ltd. (Japan)
• BASF SE (Germany)
• FMC Corporation (U.S.)
• NIPPON SODA CO., LTD. (Japan)
• NUTRICHEM CO., LTD. (China)
• ISHIHARA SANGYO KAISHA, LTD. (Japan)
• SEIPASA S.A. (Spain)
• Verdesian Life Sciences (U.S.)
• BioWorks Inc. (U.S.)
• Koppert (Netherlands)
• Other Key Players

Key Industry Developments in the Liquid Fungicides Market:

• In March 2023, Bayer introduced Luna Pro, a premium fungicide offering comprehensive control of both foliar and soilborne diseases in potatoes. This advanced product combines efficacy with versatility, addressing critical disease management needs for potato crops and enhancing overall agricultural productivity
• In March 2023, Corteva Agriscience launched Adavelt™ Active, a novel fungicide featuring a unique mode of action. Designed to tackle a broad spectrum of fungal threats, Adavelt Active aims to boost crop yields and improve farmer productivity by providing a cutting-edge solution for enhanced crop health
• In February 2023, ADAMA inaugurated a new multi-purpose plant in Taquari, Brazil, to expand production of key active ingredients, including Prothioconazole. This facility enhances ADAMA's ability to supply Prothioconazole-based fungicides, crucial for protecting soybean crops from Asian Soybean Rust and supporting new product launches in Brazil

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Liquid Fungicides Market by Type
 4.1 Liquid Fungicides Market Snapshot and Growth Engine
 4.2 Liquid Fungicides Market Overview
 4.3 Chemical & Biological
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Chemical & Biological: Geographic Segmentation Analysis

Chapter 5: Liquid Fungicides Market by Crop Type
 5.1 Liquid Fungicides Market Snapshot and Growth Engine
 5.2 Liquid Fungicides Market Overview
 5.3 Cereals & Grains
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Cereals & Grains: Geographic Segmentation Analysis
 5.4 Oilseeds & Pulses
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Oilseeds & Pulses: Geographic Segmentation Analysis
 5.5 Fruits & Vegetables
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Fruits & Vegetables: Geographic Segmentation Analysis
 5.6 Other Crop Types
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Other Crop Types: Geographic Segmentation Analysis

Chapter 6: Liquid Fungicides Market by Application
 6.1 Liquid Fungicides Market Snapshot and Growth Engine
 6.2 Liquid Fungicides Market Overview
 6.3 Seed Treatment
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Seed Treatment: Geographic Segmentation Analysis
 6.4 Soil Treatment
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Soil Treatment: Geographic Segmentation Analysis
 6.5 Foliar Spray
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Foliar Spray: Geographic Segmentation Analysis
 6.6 Chemigation
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Chemigation: Geographic Segmentation Analysis
 6.7 Post-Harvest
  6.7.1 Introduction and Market Overview
  6.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.7.3 Key Market Trends, Growth Factors and Opportunities
  6.7.4 Post-Harvest: Geographic Segmentation Analysis

Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Benchmarking
  7.1.2 Liquid Fungicides Market Share by Manufacturer (2023)
  7.1.3 Industry BCG Matrix
  7.1.4 Heat Map Analysis
  7.1.5 Mergers and Acquisitions
  
 7.2 NUFARM (AUSTRALIA)
  7.2.1 Company Overview
  7.2.2 Key Executives
  7.2.3 Company Snapshot
  7.2.4 Role of the Company in the Market
  7.2.5 Sustainability and Social Responsibility
  7.2.6 Operating Business Segments
  7.2.7 Product Portfolio
  7.2.8 Business Performance
  7.2.9 Key Strategic Moves and Recent Developments
  7.2.10 SWOT Analysis
 7.3 DOW (US)
 7.4 ADAMA (ISRAEL)
 7.5 SYNGENTA (SWITZERLAND)
 7.6 BAYER AG (GERMANY)
 7.7 SUMITOMO CHEMICAL CO LTD (JAPAN)
 7.8 BASF SE (GERMANY)
 7.9 FMC CORPORATION (US)
 7.10 NIPPON SODA CO LTD (JAPAN)
 7.11 NUTRICHEM CO LTD (CHINA)
 7.12 ISHIHARA SANGYO KAISHA LTD (JAPAN)
 7.13 SEIPASA SA (SPAIN)
 7.14 VERDESIAN LIFE SCIENCES (US)
 7.15 BIOWORKS INC (US)
 7.16 KOPPERT (NETHERLANDS)
 7.17 OTHER KEY PLAYERS

Chapter 8: Global Liquid Fungicides Market By Region
 8.1 Overview
 8.2. North America Liquid Fungicides Market
  8.2.1 Key Market Trends, Growth Factors and Opportunities
  8.2.2 Top Key Companies
  8.2.3 Historic and Forecasted Market Size by Segments
  8.2.4 Historic and Forecasted Market Size By Type
  8.2.4.1 Chemical & Biological
  8.2.5 Historic and Forecasted Market Size By Crop Type
  8.2.5.1 Cereals & Grains
  8.2.5.2 Oilseeds & Pulses
  8.2.5.3 Fruits & Vegetables
  8.2.5.4 Other Crop Types
  8.2.6 Historic and Forecasted Market Size By Application
  8.2.6.1 Seed Treatment
  8.2.6.2 Soil Treatment
  8.2.6.3 Foliar Spray
  8.2.6.4 Chemigation
  8.2.6.5 Post-Harvest
  8.2.7 Historic and Forecast Market Size by Country
  8.2.7.1 US
  8.2.7.2 Canada
  8.2.7.3 Mexico
 8.3. Eastern Europe Liquid Fungicides Market
  8.3.1 Key Market Trends, Growth Factors and Opportunities
  8.3.2 Top Key Companies
  8.3.3 Historic and Forecasted Market Size by Segments
  8.3.4 Historic and Forecasted Market Size By Type
  8.3.4.1 Chemical & Biological
  8.3.5 Historic and Forecasted Market Size By Crop Type
  8.3.5.1 Cereals & Grains
  8.3.5.2 Oilseeds & Pulses
  8.3.5.3 Fruits & Vegetables
  8.3.5.4 Other Crop Types
  8.3.6 Historic and Forecasted Market Size By Application
  8.3.6.1 Seed Treatment
  8.3.6.2 Soil Treatment
  8.3.6.3 Foliar Spray
  8.3.6.4 Chemigation
  8.3.6.5 Post-Harvest
  8.3.7 Historic and Forecast Market Size by Country
  8.3.7.1 Bulgaria
  8.3.7.2 The Czech Republic
  8.3.7.3 Hungary
  8.3.7.4 Poland
  8.3.7.5 Romania
  8.3.7.6 Rest of Eastern Europe
 8.4. Western Europe Liquid Fungicides Market
  8.4.1 Key Market Trends, Growth Factors and Opportunities
  8.4.2 Top Key Companies
  8.4.3 Historic and Forecasted Market Size by Segments
  8.4.4 Historic and Forecasted Market Size By Type
  8.4.4.1 Chemical & Biological
  8.4.5 Historic and Forecasted Market Size By Crop Type
  8.4.5.1 Cereals & Grains
  8.4.5.2 Oilseeds & Pulses
  8.4.5.3 Fruits & Vegetables
  8.4.5.4 Other Crop Types
  8.4.6 Historic and Forecasted Market Size By Application
  8.4.6.1 Seed Treatment
  8.4.6.2 Soil Treatment
  8.4.6.3 Foliar Spray
  8.4.6.4 Chemigation
  8.4.6.5 Post-Harvest
  8.4.7 Historic and Forecast Market Size by Country
  8.4.7.1 Germany
  8.4.7.2 UK
  8.4.7.3 France
  8.4.7.4 Netherlands
  8.4.7.5 Italy
  8.4.7.6 Russia
  8.4.7.7 Spain
  8.4.7.8 Rest of Western Europe
 8.5. Asia Pacific Liquid Fungicides Market
  8.5.1 Key Market Trends, Growth Factors and Opportunities
  8.5.2 Top Key Companies
  8.5.3 Historic and Forecasted Market Size by Segments
  8.5.4 Historic and Forecasted Market Size By Type
  8.5.4.1 Chemical & Biological
  8.5.5 Historic and Forecasted Market Size By Crop Type
  8.5.5.1 Cereals & Grains
  8.5.5.2 Oilseeds & Pulses
  8.5.5.3 Fruits & Vegetables
  8.5.5.4 Other Crop Types
  8.5.6 Historic and Forecasted Market Size By Application
  8.5.6.1 Seed Treatment
  8.5.6.2 Soil Treatment
  8.5.6.3 Foliar Spray
  8.5.6.4 Chemigation
  8.5.6.5 Post-Harvest
  8.5.7 Historic and Forecast Market Size by Country
  8.5.7.1 China
  8.5.7.2 India
  8.5.7.3 Japan
  8.5.7.4 South Korea
  8.5.7.5 Malaysia
  8.5.7.6 Thailand
  8.5.7.7 Vietnam
  8.5.7.8 The Philippines
  8.5.7.9 Australia
  8.5.7.10 New Zealand
  8.5.7.11 Rest of APAC
 8.6. Middle East & Africa Liquid Fungicides Market
  8.6.1 Key Market Trends, Growth Factors and Opportunities
  8.6.2 Top Key Companies
  8.6.3 Historic and Forecasted Market Size by Segments
  8.6.4 Historic and Forecasted Market Size By Type
  8.6.4.1 Chemical & Biological
  8.6.5 Historic and Forecasted Market Size By Crop Type
  8.6.5.1 Cereals & Grains
  8.6.5.2 Oilseeds & Pulses
  8.6.5.3 Fruits & Vegetables
  8.6.5.4 Other Crop Types
  8.6.6 Historic and Forecasted Market Size By Application
  8.6.6.1 Seed Treatment
  8.6.6.2 Soil Treatment
  8.6.6.3 Foliar Spray
  8.6.6.4 Chemigation
  8.6.6.5 Post-Harvest
  8.6.7 Historic and Forecast Market Size by Country
  8.6.7.1 Turkey
  8.6.7.2 Bahrain
  8.6.7.3 Kuwait
  8.6.7.4 Saudi Arabia
  8.6.7.5 Qatar
  8.6.7.6 UAE
  8.6.7.7 Israel
  8.6.7.8 South Africa
 8.7. South America Liquid Fungicides Market
  8.7.1 Key Market Trends, Growth Factors and Opportunities
  8.7.2 Top Key Companies
  8.7.3 Historic and Forecasted Market Size by Segments
  8.7.4 Historic and Forecasted Market Size By Type
  8.7.4.1 Chemical & Biological
  8.7.5 Historic and Forecasted Market Size By Crop Type
  8.7.5.1 Cereals & Grains
  8.7.5.2 Oilseeds & Pulses
  8.7.5.3 Fruits & Vegetables
  8.7.5.4 Other Crop Types
  8.7.6 Historic and Forecasted Market Size By Application
  8.7.6.1 Seed Treatment
  8.7.6.2 Soil Treatment
  8.7.6.3 Foliar Spray
  8.7.6.4 Chemigation
  8.7.6.5 Post-Harvest
  8.7.7 Historic and Forecast Market Size by Country
  8.7.7.1 Brazil
  8.7.7.2 Argentina
  8.7.7.3 Rest of SA

Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies

Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research