베트남의 살균제 시장 : 점유율 분석, 산업 동향과 통계, 성장 예측(2025-2030년)

The Vietnam Fungicide Market size is estimated at 408.3 million USD in 2025, and is expected to reach 497.1 million USD by 2030, growing at a CAGR of 4.01% during the forecast period (2025-2030).

The rising pest pressure is driving the demand for insecticides in various application methods

• The fungicide market in Vietnam is categorized by various applications, including chemigation, foliar application, fumigation, and soil treatment. These different application methods serve as important means of effectively applying fungicides in diverse agricultural contexts within the country.
• Foliar application dominates the market. Fungicide's market value in this segment is expected to register a CAGR of 4.3% during the forecast period (2023-2029) because it is widely applied in various crops, including grains, cereals, fruits, and vegetables, where the foliage is the primary site of disease occurrence.
• Soil treatment is commonly used in Vietnam to protect from soil-borne fungi that pose a significant threat to the plant's health and productivity. The market is expected to register a CAGR of 4.0% due to the rising adoption of seed treatment chemicals as a preventive measure to avoid crop losses.
• The chemigation method is also commonly used in Vietnam for crops that require a consistent and controlled application, such as fruits and vegetables. The segment is expected to grow, registering a CAGR of 3.8% during the forecast period (2023-2029) because more farmers are adopting this practice as a means to efficiently deliver fungicides to their crops.
• Fumigation is particularly important in Vietnam's agricultural practices, as it helps maintain soil health and prevent the spread of pathogens to vulnerable crops. Advancements in fumigation technologies and equipment, along with improved formulations of fungicides, are expected to contribute to the growth of the market as new technologies and improved fumigation application methods are enhancing the efficiency of fungicides.

Vietnam Fungicide Market Trends

The changing climate and rising disease pressure are expected to drive the consumption of fungicides

• The usage of fungicides in Vietnam experienced a notable increase of 31.2 grams per hectare between 2019 and 2022. This can be attributed to several factors that have contributed to the growing demand for fungicides in agricultural practices and plant protection.
• Vietnam's agricultural acreage increased by 1.7% ha in 2022 from the previous year. The expansion of agricultural production and the desire to enhance crop yields and quality are expected to increase the usage of fungicides. Farmers in Vietnam are striving to meet the growing demand for food and improve the productivity of their crops.
• Changing climatic conditions and environmental factors are also expected to drive the consumption of fungicides in Vietnam. Shifts in temperature and humidity levels can create favorable conditions for the development and spread of fungal diseases. As a result, farmers are expected to increasingly rely on fungicides to mitigate the risks associated with these diseases and safeguard their crops.
• The increasing awareness and knowledge about the importance of disease management and crop protection have driven the adoption of fungicides among farmers in Vietnam. The shift in mindset toward disease prevention and management has fueled the demand for fungicides in the country.
• Additionally, advancements in fungicide formulations and the availability of a wide range of effective and targeted fungicide products have also contributed to increased usage. The development of innovative fungicides with improved efficacy and safety profiles has provided farmers with more options for disease control. This has further encouraged the adoption of fungicides as part of their integrated pest management strategies.

Increase in the fungal diseases, coupled with the dependence on imports for these active ingredients in the country, may drive the prices of these active ingredients

• Vietnam has a wide range of agroclimatic regions. For example, the central and northern provinces experience a cool to cold winter that favors temperate pathogens. The low temperatures inhibit the growth of some crops, making them more susceptible to seedlings and other diseases. Additionally, the yearly weather cycle includes very wet and dry periods. Such weather can also lead to crop stress and favor some diseases, especially of the roots and stems caused by pathogens. Tebuconazole, azoxystrobin, and metalaxyl are commonly used fungicide-active ingredients in Vietnam.
• Tebuconazole uses a systematic fungicide valued at USD 8.7 thousand per metric ton in 2022. Tebuconazole is known to treat rust fungus, sheath blight, leaf spot, and anthracnose. Vietnam imports most of its tebuconazole from China, Germany, and India.
• Azoxystrobin is a broad-spectrum fungicide active against fungal pathogens belonging to oomycetes, ascomycetes, deuteromycetes, and basidiomycetes. Owing to the increase in infestation of fungi like Fusarium and Trichoderma, the price of azoxystrobin increased from USD 4.0 thousand per metric ton in 2017 to USD 4.6 thousand per metric ton by 2022. Similarly, metalaxyl is a systemic fungicide used to control plant diseases caused by Oomycete fungi, valued at USD 4.4 thousand per metric ton in 2022.
• An increase in fungal diseases, coupled with dependence on imports for these active ingredients, in the country may drive the prices of these active ingredients.

Vietnam Fungicide Industry Overview

The Vietnam Fungicide Market is fragmented, with the top five companies occupying 29.06%. The major players in this market are BASF SE, Bayer AG, FMC Corporation, Syngenta Group and UPL Limited (sorted alphabetically).

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY & KEY FINDINGS

2 REPORT OFFERS

3 INTRODUCTION

• 3.1 Study Assumptions & Market Definition
• 3.2 Scope of the Study
• 3.3 Research Methodology

4 KEY INDUSTRY TRENDS

• 4.1 Consumption Of Pesticide Per Hectare
• 4.2 Pricing Analysis For Active Ingredients
• 4.3 Regulatory Framework
  • 4.3.1 Vietnam
• 4.4 Value Chain & Distribution Channel Analysis

5 MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)

• 5.1 Application Mode
  • 5.1.1 Chemigation
  • 5.1.2 Foliar
  • 5.1.3 Fumigation
  • 5.1.4 Seed Treatment
  • 5.1.5 Soil Treatment
• 5.2 Crop Type
  • 5.2.1 Commercial Crops
  • 5.2.2 Fruits & Vegetables
  • 5.2.3 Grains & Cereals
  • 5.2.4 Pulses & Oilseeds
  • 5.2.5 Turf & Ornamental

6 COMPETITIVE LANDSCAPE

• 6.1 Key Strategic Moves
• 6.2 Market Share Analysis
• 6.3 Company Landscape
• 6.4 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)
  • 6.4.1 ADAMA Agricultural Solutions Ltd
  • 6.4.2 BASF SE
  • 6.4.3 Bayer AG
  • 6.4.4 Corteva Agriscience
  • 6.4.5 FMC Corporation
  • 6.4.6 Nufarm Ltd
  • 6.4.7 Syngenta Group
  • 6.4.8 UPL Limited
  • 6.4.9 Wynca Group (Wynca Chemicals)

7 KEY STRATEGIC QUESTIONS FOR CROP PROTECTION CHEMICALS CEOS

8 APPENDIX

• 8.1 Global Overview
  • 8.1.1 Overview
  • 8.1.2 Porter's Five Forces Framework
  • 8.1.3 Global Value Chain Analysis
  • 8.1.4 Market Dynamics (DROs)
• 8.2 Sources & References
• 8.3 List of Tables & Figures
• 8.4 Primary Insights
• 8.5 Data Pack
• 8.6 Glossary of Terms