SDHI Fungicide Market

SDHI Fungicide Market Outlook (2023-2033)

The global SDHI fungicide market is anticipated to evolve rapidly at a CAGR of 7.5%, rising from its current value of US$ 2.7 billion to US$ 5.6 billion by the end of 2033.

SDHI fungicides, also known as succinate dehydrogenase inhibitor fungicides, are a class of fungicides that prevent and treat turfgrass diseases by inhibiting the energy production of fungal cells. SDHI fungicides are used in crop management of fruits, oilseeds, grains, and cereals, among other things. They comprise a variety of active components and can be used for resistance management.

The global population reached 8 billion in 2022 and is expected to reach 9.6 billion by 2050 and 11.3 billion by 2100. The expanding global population and rising prosperity are causing a shift in consumption habits. There is a need not just to raise production to satisfy demand but also to ensure that the nutritional requirements of an increasingly affluent population are addressed.

The increase in food production and arable land will be critical to the growth of the SDHI fungicide market over the forecast period.

• According to the Food and Agriculture Organization, cereals stood for 725 million hectares of worldwide arable land in 2019, while vegetables stood for 56.8 million hectares, fruits stood for 68.0 million hectares, and pulses stood for 94.7 million hectares.

SDHI fungicides, which are beneficial to both the agriculture and horticulture sectors, are gaining acceptance and prominence in crop protection methods since they efficiently protect crops against fungal infestation.

The growing population, increased food consumption, and greater government measures to improve food security are some of the important factors driving the demand for SDHI fungicides.

The COVID-19 pandemic had a negative impact on the sales of SDHI fungicides due to trade restrictions, resulting in a shortage of SDHI fungicides for farmers. During the early months of the outbreak, China, a major supplier of SDHI fungicide, witnessed a catastrophic wave of COVID. The country imposed trade restrictions and prohibited the shipment of SDHI fungicide, which had a detrimental influence on the global market.

Moreover, the economic slowdown and financial uncertainty among farmers caused by the pandemic had a significant impact on the SDHI fungicide industry. However, the worldwide market bounced back in the second quarter of 2020 and is expected to expand at a rapid pace during the forecast period.

Additionally, the increased emphasis on crop management is raising the usage of SDHI fungicides. As growers increasingly use multi-site fungicides to broaden their spring spray programs and improve crop protection overall, the use of SDHI fungicides is expanding. Furthermore, growers are adopting SDHI fungicides to future-proof the effectiveness of disease resistance.

Report Attributes	Details
Market Size (2023)	US$ 2.7 Billion
Projected Market Value (2033)	US$ 5.6 Billion
Global Market Growth Rate (2023-2033)	7.5% CAGR
Europe Market Growth Rate (2023-2033)	6.7% CAGR
Boscalid Segment Growth Rate (2023-2033)	6.2% CAGR
Key Companies Profiled	Adama Ltd Nufarm Limited BASF SE Bayer AG Isagro S.p.A Syngenta Crop Protection AG FMC Corporation UPL Limited Corteva, Inc Valent U.S.A. LLC

Which Aspects are Fueling the Demand for SDHI Fungicides?

“Spike in Demand for Crop Protection Products & Compounds”

The market for SDHI fungicides is likely to grow in the coming years as global demand for crop protection products rises. SDHI fungicides have played an essential role in the control of turfgrass diseases and resistance management. The growing agricultural trade has also been a major influence in the creation of crop protection goods.

Moreover, the growing urban population and increasing disposable income have fueled the demand for high-quality food and agricultural products. As a result, major corporations have made important developments.

• For example, BASF announced the development of Kinto Plus, a novel generation seed treatment intended to prevent a wide range of soil-borne and seed diseases, in May 2021. The company's product contained active chemicals as well as the SDHI fungicide fluxapyroxad.

Such trends and developments are projected to propel market growth during the forecast period.

“Rising Incidence of Crop Diseases”

SDHI fungicides are increasingly being used as a substitute for azole fungicides in the management of oilseed rape disease. As diseases like light leaf spots increase in countries such as the United Kingdom, New Zealand, and Australia, SDHI fungicide is frequently being used to boost crop protection. Furthermore, the increasing uptake of novel solutions by cereal growers to improve cereal quality while meeting expanding global demand is increasing the use of SDHI fungicides.

Moreover, the rising research initiatives to highlight the usefulness and advantages of SDHI fungicides in integrated disease management (IDM) for crops are fueling market growth. Additionally, the creation of new SDHI fungicides with active components to provide increased disease resistance for numerous crops is expected to bolster market expansion.

Country-wise Insights

Which Countries Contribute the Most to European Market Growth?

Demand for SDHI fungicides is estimated to increase at a CAGR of 6.7% in Europe. Europe is expected to lead the market for SDHI fungicides during the forecast period. The United Kingdom, Germany, and Spain are major contributors to the European market.

Gray mold decay is a significant concern in European nations, particularly Spain. It is a primary cause of post- and pre-harvest degradation and rotting of grapes, which has a negative impact on other unrelated crops and components. This is a serious worldwide issue, with European nations registering a major impact.

In the United Kingdom, the demand for SDHI fungicides is escalating to combat diseases such as scab and powdery mildew in the pome crop category and oilseed rape against leaf spot diseases in the oilseeds category.

Moreover, the major regional market players such as Bayer CropScience, BASF, Syngenta, UPL limited, and Corteva Agriscience are investing substantially to develop an advanced solution for the local growers.

Why is the United States the Leading Market in North America?

The market for SDHI fungicides is expanding rapidly in North America. The United States majorly supports the expansion.

Over the years, the consumption of fresh fruits in the United States has surpassed national output. To meet the increasing consumption and trade of vegetables and fruits in the country, crops must be safeguarded from numerous fungal diseases. With rising demand for vegetables, fruits, and other crops in the country, the need for SDHI fungicides is predicted to rise, boosting market growth.

How are Japanese and South Korean Market Players Faring?

Demand for SDHI fungicides is increasing in Japan and South Korea. The key market players in these countries are constantly working on producing novel solutions for effective crop management.

• For example, in 2021, Sumitomo Chemical Company Limited launched KANAME Flowable, a novel horticulture fungicide containing INDIFLIN (inpyrfluxam), in Japan. INDIFLIN, one of Sumitomo Chemicals' pipeline products, is a brand-new fungicide active component. It is a succinate dehydrogenase inhibitor fungicide that blocks pathogenic fungi from creating energy. Due to its special fungicidal effect, systemic action, and strong leaf penetration, it has proven extraordinarily efficient against a wide variety of plant diseases in both internal and external tests. Thus, INDIFLIN is expected to bring novel approaches to treating widespread diseases that endanger vital crops such as grains and soybeans.

Such developments by regional market players are assisting market growth in Asia Pacific.

Category-wise Insights

Why is Boscalid So Widely Used across the World?

Demand for boscalid is expected to develop at a CAGR of 6.2% during the forecast period. Boscalid is widely preferred as it inhibits a wide variety of plant diseases in broadacre and horticultural crops. The rising need for high-quality fungicides from crop growers worldwide is expected to drive up demand for boscalid in the coming years.

Demand for fluopyram is also projected to increase during the forecast period. Fluopyram is a broad-spectrum fungicide designed to control a wide range of ascomycetes and deuteromycetes infections in a variety of horticulture and arable crops.

Demand for farm-grown fruits and vegetables is expected to be driven by rapidly changing lifestyle habits and health concerns connected with processed foods in the future years. This, in turn, is projected to drive the demand for fluopyram.

Competitive Landscape

Key players in the SDHI fungicide market have been implementing various development strategies to strengthen their market position. Some of these market strategies include partnerships and collaborations, mergers and acquisitions, R&D activities, novel product introductions and approvals, and regional expansion.

• In Nov 2022, FMC released Adastrio™ fungicide in limited quantities for the 2023 crop season. This fungicide is designed to provide broad-spectrum control of major foliar diseases while also assisting in the protection of yield potential until harvest. Adastrio fungicide is a foliar fungicide with three different modes of action and is the first fungicide to use fluindapyr, the newest component in the SDHI class. Adastrio fungicide is approved for use against anthracnose leaf blight, gray leaf spot, common rust, Northern corn leaf blight, and Southern rust in corn, wheat, grain sorghum, barley, and triticale.
• In Feb 2021, Isagro S.p.A. and FMC Corporation agreed to a deal in which FMC bought Isagro's active ingredient asset, "Fluinapyr." for USD 60 million. The agreement indicated that FMC Corporation would receive all of the ingredient's product formulations, intellectual property, and other related assets.

Key Segments of SDHI Fungicide Industry Research

• By Type :

  • Boscalid
  • Fluopyram
  • Penthiopyrad
  • Fluxapyroxad
  • Isofetamid
  • Other Types

• By Application :

  • Grains and Cereals
  • Oilseed
  • Fruits and Vegetables
  • Turf and Ornamentals
  • Commercial Crops
  • Other Applications

• By Region :

  • North America
  • Latin America
  • Europe
  • APAC
  • MEA