Vietnam Fungicide Market (2025-2031) Outlook | Value, Forecast, Analysis, Size, Revenue, Trends, Growth, Share, Industry, Companies

Market Forecast By Type (Chemical, Biologicals), By Mode of Application (Seed treatment, Soil treatment, Foliar spray, Post-harvest, Other), By Mode of Action (Contact, Systemic) And Competitive Landscape
Product Code: ETC4591711 Publication Date: Jul 2023 Updated Date: Sep 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

Vietnam Fungicide Market Overview

The Vietnam Fungicide market is witnessing steady growth as farmers and agribusinesses prioritize crop protection and yield optimization. Fungicides play a crucial role in preventing and controlling fungal diseases that can significantly impact crop health. With a focus on improving agricultural productivity and ensuring food security, the demand for fungicides is on the rise. The market is characterized by a diverse range of products catering to different crops and diseases. Government initiatives to promote sustainable agriculture practices further contribute to the market`s expansion, making fungicides a vital component of modern farming practices in Vietnam.

Drivers of the Market

The Vietnam Fungicide market is primarily driven by the imperative to protect crops from fungal diseases and ensure food security. Fungal pathogens can significantly reduce agricultural yields, making fungicides crucial for safeguarding crop production. The growing adoption of modern farming practices and the expansion of commercial agriculture further propel the demand for fungicides. Moreover, heightened concerns about food safety and quality drive farmers to use fungicides to meet market standards and consumer expectations.

Challenges of the Market

In the Vietnam Fungicide market, challenges arise from the need for environmentally friendly and sustainable fungicidal solutions. Regulatory pressures to reduce the environmental impact of fungicides require continuous innovation. Adapting to emerging fungal strains and developing fungicides with extended effectiveness pose technical challenges. The market must also address concerns related to resistance development in fungal populations and the potential impact on crop protection.

COVID 19 Impact on the Market

The Vietnam Fungicide Market has witnessed notable fluctuations due to the COVID-19 pandemic. Supply chain disruptions and restrictions on manufacturing activities led to shortages of fungicides, affecting the agricultural sector`s ability to combat fungal diseases. Farmers faced challenges in protecting their crops, leading to potential yield losses. Additionally, the economic impact of the pandemic influenced farmers` decisions on fungicide purchases, contributing to shifts in market dynamics.

Key Players in the Market

The Vietnam Fungicide market is marked by the presence of key players committed to combating crop diseases. BASF Vietnam Ltd. stands out as a major contributor, offering a diverse portfolio of fungicides known for their efficacy and crop protection capabilities. Syngenta Vietnam Ltd. is another influential player, recognized for its innovative fungicide solutions that address a spectrum of fungal threats. Additionally, Bayer Vietnam Ltd. has established itself as a key player, providing farmers with effective fungicides to safeguard their crops against diseases.

Key Highlights of the Report:

  • Vietnam Fungicide Market Outlook
  • Market Size of Vietnam Fungicide Market, 2024
  • Forecast of Vietnam Fungicide Market, 2031
  • Historical Data and Forecast of Vietnam Fungicide Revenues & Volume for the Period 2021-2031
  • Vietnam Fungicide Market Trend Evolution
  • Vietnam Fungicide Market Drivers and Challenges
  • Vietnam Fungicide Price Trends
  • Vietnam Fungicide Porter's Five Forces
  • Vietnam Fungicide Industry Life Cycle
  • Historical Data and Forecast of Vietnam Fungicide Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Fungicide Market Revenues & Volume By Chemical for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Fungicide Market Revenues & Volume By Biologicals for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Fungicide Market Revenues & Volume By Mode of Application for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Fungicide Market Revenues & Volume By Seed treatment for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Fungicide Market Revenues & Volume By Soil treatment for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Fungicide Market Revenues & Volume By Foliar spray for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Fungicide Market Revenues & Volume By Post-harvest for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Fungicide Market Revenues & Volume By Other for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Fungicide Market Revenues & Volume By Mode of Action for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Fungicide Market Revenues & Volume By Contact for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Fungicide Market Revenues & Volume By Systemic for the Period 2021-2031
  • Vietnam Fungicide Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Mode of Application
  • Market Opportunity Assessment By Mode of Action
  • Vietnam Fungicide Top Companies Market Share
  • Vietnam Fungicide Competitive Benchmarking By Technical and Operational Parameters
  • Vietnam Fungicide Company Profiles
  • Vietnam Fungicide Key Strategic Recommendations

What are the key factors contributing to growth in the Vietnam fungicide market?

The increasing adoption of advanced agronomic practices, such as precision farming techniques and the use of innovative fungicides like those offered by companies such as Bayer Crop Science and Syngenta, is driving growth in the Vietnam fungicide market.
The Vietnam fungicide market consists of various types of fungicides used in agriculture, horticulture, and other sectors to protect crops from fungal diseases. Key players in this market include multinational companies like Bayer Crop Science, Syngenta, and BASF, as well as local brands such as Ho Chi Minh City-based An Giang Plant Protection JSC. The market is driven by the increasing adoption of modern farming practices and the need for higher crop yields to meet the demands of Vietnam's growing population.
Investors have the opportunity to capitalize on the growing demand for environmentally friendly fungicides in Vietnam, driven by regulations favoring sustainable agriculture practices. Companies like Bayer and Syngenta are introducing innovative biofungicides such as Serenade ASO and Taegro 2, which have shown promising results in crop protection while being eco-friendly. Partnering with local distributors or investing in research and development of novel fungicidal solutions tailored to Vietnam's agricultural landscape can also open doors for new ventures in this market.
Key competitors in the Vietnam fungicide market include multinational companies like Bayer Crop Science, Syngenta, and BASF, as well as local players such as Hoang Anh Gia Lai Agri, PAN Group, and Dabaco Vietnam. These multinational companies typically offer a wide range of advanced fungicide products leveraging their global research and development capabilities, while local players focus on catering to the specific needs of Vietnamese farmers and often offer more cost-effective solutions. The competitive positioning of these companies is based on factors such as product portfolio diversity, pricing strategies, distribution networks, and brand reputation.
In the Vietnam fungicide market, a notable consumer trend is the increasing demand for bio-based fungicides due to growing awareness about environmental sustainability. Companies like Vinagri and BioFarma are introducing organic fungicides made from natural ingredients to cater to this consumer preference. On the technology front, there is a rising adoption of precision agriculture techniques, such as using drones for targeted fungicide application, to enhance efficiency and reduce costs. In terms of policy, the Vietnamese government's focus on promoting sustainable agriculture practices is driving the implementation of regulations that encourage the use of eco-friendly fungicides and support integrated pest management strategies among farmers.
6Wresearch actively monitors the Vietnam Fungicide Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Vietnam Fungicide Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Vietnam Fungicide Market Overview

3.1 Vietnam Country Macro Economic Indicators

3.2 Vietnam Fungicide Market Revenues & Volume, 2021 & 2031F

3.3 Vietnam Fungicide Market - Industry Life Cycle

3.4 Vietnam Fungicide Market - Porter's Five Forces

3.5 Vietnam Fungicide Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Vietnam Fungicide Market Revenues & Volume Share, By Mode of Application, 2021 & 2031F

3.7 Vietnam Fungicide Market Revenues & Volume Share, By Mode of Action, 2021 & 2031F

4 Vietnam Fungicide Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for high-quality agricultural produce

4.2.2 Growing awareness about the benefits of fungicides in crop protection

4.2.3 Government support and initiatives to promote agricultural productivity

4.3 Market Restraints

4.3.1 Stringent regulations on fungicide usage and registration

4.3.2 Rising concerns over environmental impact and residue levels in crops

5 Vietnam Fungicide Market Trends

6 Vietnam Fungicide Market, By Types

6.1 Vietnam Fungicide Market, By Type

6.1.1 Overview and Analysis

6.1.2 Vietnam Fungicide Market Revenues & Volume, By Type, 2021-2031F

6.1.3 Vietnam Fungicide Market Revenues & Volume, By Chemical, 2021-2031F

6.1.4 Vietnam Fungicide Market Revenues & Volume, By Biologicals, 2021-2031F

6.2 Vietnam Fungicide Market, By Mode of Application

6.2.1 Overview and Analysis

6.2.2 Vietnam Fungicide Market Revenues & Volume, By Seed treatment, 2021-2031F

6.2.3 Vietnam Fungicide Market Revenues & Volume, By Soil treatment, 2021-2031F

6.2.4 Vietnam Fungicide Market Revenues & Volume, By Foliar spray, 2021-2031F

6.2.5 Vietnam Fungicide Market Revenues & Volume, By Post-harvest, 2021-2031F

6.2.6 Vietnam Fungicide Market Revenues & Volume, By Other, 2021-2031F

6.3 Vietnam Fungicide Market, By Mode of Action

6.3.1 Overview and Analysis

6.3.2 Vietnam Fungicide Market Revenues & Volume, By Contact, 2021-2031F

6.3.3 Vietnam Fungicide Market Revenues & Volume, By Systemic, 2021-2031F

7 Vietnam Fungicide Market Import-Export Trade Statistics

7.1 Vietnam Fungicide Market Export to Major Countries

7.2 Vietnam Fungicide Market Imports from Major Countries

8 Vietnam Fungicide Market Key Performance Indicators

8.1 Adoption rate of integrated pest management practices

8.2 Research and development investment in new fungicide formulations

8.3 Number of partnerships and collaborations for product development and distribution

8.4 Average farm yield improvement attributed to fungicide usage

8.5 Percentage of farmers using fungicides in their crop production

9 Vietnam Fungicide Market - Opportunity Assessment

9.1 Vietnam Fungicide Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Vietnam Fungicide Market Opportunity Assessment, By Mode of Application, 2021 & 2031F

9.3 Vietnam Fungicide Market Opportunity Assessment, By Mode of Action, 2021 & 2031F

10 Vietnam Fungicide Market - Competitive Landscape

10.1 Vietnam Fungicide Market Revenue Share, By Companies, 2024

10.2 Vietnam Fungicide Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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