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Home and Garden Fungicides Market

Home and Garden Fungicides Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Home and Garden Fungicides Market: Introduction

A fungicide is a particular type of pesticide that controls fungal disease by specifically suppressing or killing the fungus causing the disease. Fungicides, herbicides, and insecticides are all pesticides used in plant protection. Fungi are the number one cause of crop loss across the world. Viruses, nematodes, and bacteria also cause diseases in plants. Symptoms resembling those caused by pathogens can be caused by abiotic (non-living) factors, such as nutrient deficiency and air pollution. Fungicides are used to control a disease during the development of a crop, to increase productivity of a crop, and lessen blemishes. Diseased food crops may produce less because their leaves which are needed for photosynthesis are affected by the disease.

Key drivers of the home and garden fungicides market

The Covid-19 pandemic acted as one of the important factors in the growth of backyard gardens. The lockdown, according to many new growers, provided them more time and energy to focus on their new hobby of cultivating. During the lockdown, the National Allotment Society reported surge in the number of people signing up for plots on their local council's waiting lists, demonstrating that this is an urban as well as a rural trend. The growing significance of vector-borne diseases is one of the key factors supporting the growth of the global home and garden fungicides market. In addition, increasing demand for hydroponics is another key factor supporting the market growth. The prevalence of dengue and malaria in countries such as India, Bangladesh, and Philippines is one of the highest across the globe. Hence, governments have urged people to buy the recommended insect repellent products. These factors have led to an increase in usage of home and garden fungicides, which has resulted in increased retail sales of these products.

Improved products creating opportunities in the home and garden fungicides market

Businesses keep providing new and innovative products in order to offer best possible versions of the existing products and capture a larger audience. For example, in August 2020, FMC, an agricultural sciences company, launched Xyway 3D fungicide, the first and only at-plant corn fungicide to offer season-long, inside-out disease protection from planting to harvest. It merges the most systemic triazole fungicide, flutriafol, with special at-plant flexibility. Fungicides kill fungi by rupturing their cell membranes, inactivating critical enzymes or proteins, or by interfering with key processes such as energy production or respiration. Others impact specific metabolic pathways such as the production of sterols or chitin. For example, phenylamide fungicides bind to and inhibit the function of RNA polymerase in oomycetes, while the benzimidazole fungicides inhibit the formation of beta tubulin polymers used by cells during nuclear division. These factors create new opportunities for the product in the market.

Harmful Impact a restraint of the home and garden fungicides market

One of the restraints of home and garden fungicides is the harmful impact of fungicides on humans. Fungicide residues develop on food meant for human consumption, mostly the ones from post-harvest treatments. Some fungicides are extremely dangerous to human health, such as vinclozolin, which has now been banned. Another fungicide called Ziram is toxic to humans with long-term exposure, and fatal if ingested. These factors acts as restraints of the home and garden fungicides market.

North America the dominant market

North America accounts for highest share in the home and garden fungicides market in terms of revenue contribution as compared to markets in other regions due to the increased adoption of home and garden fungicides. Fungicides are extensively used in the developing world, and their demand is surging as a result of the existing food production system, which prioritizes high agricultural yields. In addition, the increasing application of home and garden fungicides among consumers etc. in countries such as the U.S, Canada, and Rest of North America is expected to trigger demand for home and garden fungicides. Fungicides composed of chemicals can control pests or influence plant growth, and have given a new approach in developing countries such as India, China, and Brazil to enhance harvests. These factors are expected to propel growth of the home and garden fungicides market, in these countries.

Key players operating in the global market

Companies are working on product innovation and development to increase their customer base. Furthermore, key companies are adopting the merger and acquisition strategy to improve their market revenue at the global level. Some of the major companies identified in the home and garden fungicides market are:

  • DuPont de Nemours, Inc.
  • Organic Laboratories, Inc.
  • Reckitt Benckiser Group PLC
  • Syngenta
  • Willert Home Products

Home and Garden Fungicides Market: Research Scope

Home and Garden Fungicides Market, by Type

  • Contact
  • Translaminar
  • Systemic

Home and Garden Fungicides Market, by Application

  • Garden
  • Household

Home and Garden Fungicides Market, by Distribution Channel

  • Online
  • Offline

Home and Garden Fungicides Market, by Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • France
    • U.K.
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Rest of South America

The report on the home and garden fungicides market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on market segments and regions.

Home and Garden Fungicides Market

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