Market Size of Global SDHI Fungicide Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 7.70 % |
| Fastest Growing Market | North America |
| Largest Market | Europe |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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SDHI Fungicide Market Analysis
The global SDHI Fungicide market is projected to grow at a CAGR of 7.7% during the forecast period (2020 - 2025). The rising population across the globe accompanied by rising affluence is seeing a shift in consumption patterns. There is a need to not just increase production to meet demand but also to ensure that the nutritional needs of an increasingly affluent population are met. Shrinking or the fluctuating arable land across many countries in the world and loss of crops due to fungal infestation leads to wastage posing a critical challenge to ensuring food and nutritional security.
The European SDHI fungicide dominates the market. Owing to the Botrytis cinerea fungus concerns in Spain, market for SDHI fungicides with active ingredients, such as boscalid, fluopyram, fluxapyroxad, and penthiopyrad, is growing as they are effective against diseases, such as gray mold. The major players in the market are BASF, Bayer CropScience, Syngenta, Corteva Agriscience, and UPL limited. These players, along with the other players, are investing extensively to develop an advanced solution for the local growers within the country.
SDHI Fungicide Industry Segmentation
Succinate dehydrogenase inhibitor (SDHI) fungicides are broad-spectrum fungicides. Some of the most commonly used SDHI active ingredients are penthiopyrad, bixafen, isopyrazam, fluxapyroxad, or boscalid. For the purpose of the study, the SDHI Fungicide Market is segmented by Application into Grains and Cereals, Oilseed, Fruits and Vegetables, Turf and Ornamentals, Commercial Crops, and Other Applications. By Geography into North America, Europe, Asia-Pacific, South America, and Africa.
| Crop Application | |
| Grains and Cereals | |
| Pulses and Oilseeds | |
| Commercial Crops | |
| Fruits and Vegetables | |
| Turf and Ornamentals | |
| Other Applications |
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Global SDHI Fungicide Market Size Summary
The SDHI fungicide market is experiencing significant growth, driven by the need to enhance food security amid a rising global population and shifting consumption patterns. As arable land becomes increasingly scarce and crop losses due to fungal infestations pose challenges, SDHI fungicides are becoming essential in agricultural practices. These fungicides, particularly popular in Europe, are effective against various fungal diseases, such as gray mold, and are gaining traction in both agriculture and horticulture sectors. Major industry players like BASF, Bayer CropScience, Syngenta, Corteva Agriscience, and UPL are investing in advanced solutions to meet the demands of local growers, further propelling market expansion.
The market's growth is also influenced by factors such as land degradation, increased food demand, and government initiatives aimed at food security. The adoption of SDHI fungicides is rising, particularly in the cereals segment, to combat diseases like 'net blotch' in barley and to protect pome crops and oilseeds in regions like the UK. However, concerns about variability in results and fungicide resistance impact market dynamics. Despite these challenges, the market remains consolidated, with major players expanding their product offerings to capture growth opportunities globally.
Global SDHI Fungicide Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Force Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitutes
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Crop Application
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2.1.1 Grains and Cereals
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2.1.2 Pulses and Oilseeds
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2.1.3 Commercial Crops
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2.1.4 Fruits and Vegetables
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2.1.5 Turf and Ornamentals
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2.1.6 Other Applications
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2.2 Geography
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2.2.1 North America
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2.2.1.1 United States
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2.2.1.2 Canada
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2.2.1.3 Mexico
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2.2.1.4 Rest of North America
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2.2.2 Europe
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2.2.2.1 Spain
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2.2.2.2 United Kingdom
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2.2.2.3 France
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2.2.2.4 Germany
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2.2.2.5 Russia
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2.2.2.6 Italy
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2.2.2.7 Rest of Europe
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2.2.3 Asia - Pacific
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2.2.3.1 China
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2.2.3.2 Japan
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2.2.3.3 India
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2.2.3.4 Australia
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2.2.3.5 Rest of Asia - Pacific
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2.2.4 South America
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2.2.4.1 Brazil
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2.2.4.2 Argentina
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2.2.4.3 Rest of South America
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2.2.5 Africa
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2.2.5.1 South Africa
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2.2.5.2 Rest of Africa
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Global SDHI Fungicide Market Size FAQs
What is the current Global SDHI Fungicide Market size?
The Global SDHI Fungicide Market is projected to register a CAGR of 7.70% during the forecast period (2024-2029)
Who are the key players in Global SDHI Fungicide Market?
BASF SE, Bayer CropScience AG, Syngenta, UPL and Corteva Agriscience are the major companies operating in the Global SDHI Fungicide Market.
