Miravis Neo fungicide market seen reaching $1.95 billion by 2030

The Miravis Neo fungicide market is projected to grow from $1.31 billion in 2025 to $1.95 billion in 2030, driven by rising fungal crop disease pressure, yield demands and preventive crop protection use. Asia-Pacific held the largest share in 2025 and is expected to remain the fastest-growing region.

Why it matters: - The market is expanding as farmers face more fungal disease pressure, tighter export residue standards and stronger demand for higher yields. - The shift toward preventive crop protection could lift adoption of broad-spectrum fungicides across major crop regions. - The outlook signals continued demand for crop protection products that can support productivity under climate stress.

What happened: - The Business Research Company released a 2026 report on the Miravis Neo fungicide market covering market size, trends and global forecasts through 2035. - The market is projected to rise from $1.31 billion in 2025 to $1.42 billion in 2026, an 8.0% CAGR. - The market is forecast to reach $1.95 billion by 2030, growing at an 8.3% CAGR from 2026 to 2030. - Asia-Pacific held the largest share in 2025 and is expected to be the fastest-growing region.

The details: - Miravis Neo fungicide is used to combat a broad spectrum of fungal diseases in crops. - The product contains active ingredients designed to inhibit fungal growth and block infection spread on plant surfaces. - The fungicide is used to protect plant health, preserve yield quality and reduce disease-related losses. - The report links near-term growth to rising fungal crop diseases, climate variability, global food demand, crop yield pressure, commercial agriculture expansion, monocropping and continued reliance on chemical crop protection. - Longer-term growth is tied to resistance to single-site fungicides, stricter export compliance requirements, precision agriculture and demand for sustainable crop protection. - Key future trends identified in the report include fungicide resistance management, integrated disease management, export-compliant protection products, multi-site and combination formulations, and more efficient foliar spray application. - The report covers Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa. - The 2026 report adds market attractiveness scoring, TAM analysis, company scoring matrix graphics and tables, Excel-based forecasting dashboards, market hotspots infographics, key technology analysis and future trend analysis. - The report offers a free sample and a full version through the company’s sample request page and the full report page.

Between the lines: - Crop disease losses remain a direct driver of fungicide demand. - The Crop Protection Network reported in July 2024 that wheat disease yield losses in 28 U.S. states and Ontario totaled about 49.5 million bushels in 2023, worth nearly $360 million, versus 55.7 million bushels worth nearly $500 million in 2022. - Productivity pressure is also supporting demand. - The Australian Bureau of Statistics reported in March 2026 that winter crop production for 2024-25 reached 60.2 million tonnes, up 10.2 million tonnes from the prior year. - Preventive spraying is becoming more common. - USDA National Agricultural Statistics Service data showed fungicide applications on U.S. spring wheat acres rose from 25% in 2022 to 48% in 2024.

What's next: - The market is expected to keep growing as resistance management and integrated disease control become more important. - Demand should stay strongest in regions with high crop intensity, disease pressure and export-oriented production. - Future product development is likely to focus on combination formulations and more efficient field application.

The bottom line: - Miravis Neo sits in a market with steady growth, rising disease pressure and a clear shift toward preventive crop protection.