SDHI Fungicide Market to reach $3.6 Billion by 2030; the increasing global population leading to higher food demand, expanding agricultural land, climate change favouring fungal growth, the need to manage fungicide resistance, and technological advan

The SDHI Fungicide Market size is estimated to reach $3.6 Billion by 2030, growing at a CAGR of 7.7% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “SDHI Fungicide Market – By Active Ingredient (Boscalid, Fluopyram, Penthiopyrad, Fluxapyroxad, Isofetamid and Others), By Crop Type (Grains and Cereals, Pulses and Oilseeds, Commercial Crops, Fruits and Vegetables, Turf and Ornamentals and Other Applications) By Mode of Application (Foliar Spray, Soil Treatment, Seed Treatment and Others) and By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030”

 

Climate change is profoundly affecting agricultural practices and crop health, creating an urgent need for effective disease management solutions. Consequently, the demand for SDHI fungicides is on the rise, driven by the necessity to boost agricultural production and safeguard crops from emerging fungal threats, thereby fueling growth in the SDHI fungicide industry throughout the forecast period.

 

 

Europe accounted for the largest share in the SDHI Fungicide Market in 2023. The region has implemented stringent regulations concerning crop protection products, which necessitate the use of effective fungicides like SDHIs to comply with safety and efficacy standards. An October 2023 journal by Scientific Reports states that Fungicides are the most sold pesticide group, with an 8% increase in sales in Europe within the last decade.  Europe has a rich network of agricultural research institutions and innovations that foster the development of advanced agricultural technologies. This robust research environment facilitates the introduction of new and improved SDHI formulations tailored to the specific needs of European crops and conditions. Additionally, Europe's weather conditions, which are often conducive to fungal pathogen proliferation, heighten the demand for effective fungicides. The EU has an open import system, allowing everything that is not known to be harmful to enter. However, this system has also facilitated the entry of an alarming number of plant pests and diseases. For instance, as of 2023, significant outbreaks of wheat stem rust infections and downy mildew have affected various crops, particularly in Ireland and England, with vineyards facing increased incidents that raise concerns about crop yields and quality. Ongoing challenges with Botrytis cinerea fungus in Spain have also persisted for cereal crops across the region. These factors underscore the critical need for effective fungicide management, including the use of SDHI fungicides, to mitigate losses and safeguard crop health.

 

 

 

The world population reached 8 billion people on 15 November, 2022, as per data from the United Nations (UN). According to the UN, by 2050, the world must feed 9 billion people. The demand for food will be 60% greater than it is today. As farmers work to meet the rising global demand for food, there is a pressing need for effective solutions to safeguard their crops from diseases that can reduce yield and quality. This demand for higher productivity and enhanced crop resilience against fungal threats is driving the increased adoption of SDHI fungicides, which provide broad-spectrum control and enhance agricultural efficiency. Such a focus on maximizing output is vital for ensuring food security and significantly supports the growth of the SDHI fungicide market. Furthermore, a report from Farm Advisory Service in January 2024 forecasts that the global economy will grow at an average rate of 2.6% per annum over the next decade (2023-2032), while global food consumption is projected to rise by 1.3% per annum. This overall growth in agriculture and food consumption highlights the escalating demand for effective crop protection solutions, including SDHI fungicides.

 

 

 

Changing weather patterns are leading to higher temperatures and altered precipitation, which in turn increases the prevalence of fungal diseases in crops. Farmers are grappling with challenges such as unpredictable growing seasons and heightened disease pressure, making effective protection solutions essential for safeguarding their yields. For instance, in grape production, warmer temperatures and irregular rainfall patterns contribute to the rise of fungal diseases like powdery mildew and downy mildew, posing significant challenges for growers in maintaining crop quality and yield. Research published in January 2024 by APS Journals indicates that in regions like California's Napa and Sonoma Valleys, grape growers have seen improved disease management and enhanced grape quality after adopting SDHI fungicides. By incorporating these products into their crop protection strategies, farmers can better navigate the challenges posed by climate change, ensuring that they sustain their production levels despite shifting environmental conditions. Consequently, SDHI fungicides provide crucial broad-spectrum protection against various fungal pathogens, making them vital for maintaining crop health and productivity. The urgency to adapt to climate-related agricultural challenges is driving the increasing demand for these fungicides, underscoring their significance in modern farming practices.

 

 

 

• In April 2024, Syngenta Group solidified its leadership in fungicides with the successful deployment of its patented ADEPIDYN® technology. Following its recent registration in Great Britain, farmers in over 55 countries worldwide can now access this potent fungicide. Strong sales across multiple continents underscore the high demand from farmers for effective solutions to manage a wide variety of crop diseases.
• In March 2024, Bayer launched its new fluopyram product, HaoShiDa, in the Chinese market, offering farmers an effective option for controlling insect pests. Fluopyram  boasts excellent systemic action and conductivity, high safety standards, and a broad fungicidal spectrum, all of which contribute to enhanced crop health protection.
• In March 2024, AgBiome, Inc., announced the sale of its products Howler and Theia to Certis Biologicals. With its extensive global expertise, infrastructure, and scale in biological crop protection, Certis will unlock new opportunities for these products, allowing them to reach their full transformative potential.

 

 

Key companies profiled in the SDHI Fungicide Market are BASF SE , Bayer AG, Nufarm Limited, FMC Corporation, Corteva Agriscience, Adama Ltd, Syngenta, UPL Limited, Valent U.S.A. Corporation, Nissan Chemical Corporation and others.

 

 

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