Fungicide active ingredients market Segments and Forecast By End-use FMI | Page 4

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Report Description
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Global Fungicide Active Ingredients Market: Growth Drivers
Rising population leading to increase in food production which encourages the farmers to
adopt optimum type fungicide for protection of crop in order to maximize the production
and to minimize the risk related to crop infections. This is anticipated to expand the
growth of global fungicide active ingredients market over the forecast period. Apart from
this, robust demand for fungicides in major applications such as vegetable and fruit crops
and in ornamental and turf grass is also likely to foster the growth of worldwide fungicide
active ingredients market from 2016-2026. Expansion in population especially in
developing countries such as India and China is expected to impel food related security
concerns in the region which is likely to fuel the growth of global fungicide active
ingredients market during the forecast period.
Global Fungicide Active Ingredients Market: Regional Outlook
Geographically, the Global Fungicide Active Ingredients industry can be divided by major
regions which include North America, Latin America, Western and Eastern Europe, AsiaPacific region, Japan, Middle East a nd Africa. Europe captured the maximum market
share in the total revenue of global fungicide active ingredients market in 2015. Rising
population along with increasing the education level in developing countries is
anticipated to bolster the growth of Asia Pacific fungicide active ingredients market