Fungicides Market Outlook 2028 By Size, Share, Trends, and Growth
Climate change and fungal disease proliferation is expected to drive the Global Fungicides Market growth in the forecast period, 2024-2028. According to TechSci Research report, “ Fungicides Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global Fungicides Market stood at USD 19.89 billion in 2022 and is anticipated to grow with a CAGR of 5.92% in the forecast period, 2024-2028. Fungicides, which are chemical or biological agents designed to combat fungal diseases in crops, play a pivotal role in ensuring food security and safeguarding agricultural productivity. One of the most fundamental drivers of the fungicides market is the ever-growing global population. As the world's population continues to expand, so does the demand for food. To meet this increasing demand, farmers need to enhance crop yields and protect their harvests from fungal diseases that can lead to substantial losses. Fungicides provide a crucial tool in thi...