Oct 19, 2017   SOURCE: BusinessWire

Global Fungicides Market 2017-2021: Increasing Food Demand & Agricultural Land Scarcity - Research and Markets

The "Global Fungicides Market 2017-2021" report has been added to Research and Markets' offering.

The global fungicides market is forecast to grow at a CAGR of 5.20% during the period 2017-2021.

The report, Global Fungicides Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is the increasing popularity of bio-based fungicides. Biological fungicides or bio-based fungicides or biofungicides help in effectively managing diseases in greenhouse vegetables and floriculture crops. Biofungicides are made of beneficial microorganisms such as specialized fungi and bacteria that attack and control plant pathogens and diseases caused by them. Biofungicides can be a viable substitute to chemical fungicides and is used as part of an integrated disease management program reducing the risk of pathogens developing resistance toward traditional chemical-based fungicides.

One of the major drivers for this market is the increasing food demand and agricultural land scarcity. Developing economies, with huge populations, rapid economic growth, and limited natural resources, are facing the intense pressure of ensuring food security. Economic development, rapid population growth, and urbanization have significant impacts on these countries, increasing the consumption of food and imposing excessive pressure on arable land demand. Even with substantial investments in the agricultural sector, low labor productivity, natural catastrophe, land constraints, and slowing crop yield pose significant barriers to overcome. It is highly challenging for the regions to tackle difficulties even with effective land reform policies, without negotiating the problems of food security.

Key vendors

  • BASF
  • Bayer
  • FMC
  • Sumitomo Chemical
  • Syngenta

Market Trends:

  • Increasing popularity of bio-based fungicides.
  • IPM: New method of crop protection.
  • New breeding techniques gaining importance.

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Type

Part 07: Market Segmentation By Application

Part 08: Geographical Segmentation

Part 09: Decision Framework

Part 10: Drivers And Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Key Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/97xshx/global_fungicides