Market Size of africa fungicide Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 426.99 Million |
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Market Size (2029) | USD 492.92 Million |
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Largest Share by Application Mode | Foliar |
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CAGR (2024 - 2029) | 2.91 % |
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Largest Share by Country | South Africa |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Africa Fungicide Market Analysis
The Africa Fungicide Market size is estimated at 426.99 million USD in 2024, and is expected to reach 492.92 million USD by 2029, growing at a CAGR of 2.91% during the forecast period (2024-2029).
426.99 Million
Market Size in 2024 (USD)
492.92 Million
Market Size in 2029 (USD)
3.56 %
CAGR (2017-2023)
2.91 %
CAGR (2024-2029)
Largest Segment by Application Mode
60.90 %
value share, Foliar, 2023
This method ensures that the fungicide reaches the pest populations effectively and minimizes exposure to non-target organisms by acting before the infection establishes.
Largest Segment by Crop Type
42.94 %
value share, Grains & Cereals, 2023
Maize is a major food crop grown in diverse agricultural zones and farming systems of Sub-Saharan Africa, with major fungal diseases causing yield loss of up to 40-60%.
Largest Segment By Country
11.95 %
value share, South Africa, 2023
South Africa has a market-oriented agricultural economy that is highly diverse and includes major grains, oilseeds, deciduous and subtropical fruits, and vegetables.
Leading Market Player 1
17.35 %
market share, Syngenta Group, 2022
Syngenta developed the Vayantis seed treatment fungicide, which contains picarbutrazox, a new active ingredient that addresses the grower's needs in oilseeds and cereals.
Leading Market Player 2
15.05 %
market share, BASF SE, 2022
BASF SE is increasing its R&D efforts in the field of sustainable agriculture and focusing on creating novel solutions to overcome environmental issues.
The growing focus on protecting the yield and avoiding crop losses due to disease infestation is driving the market
- In 2022, the foliar segment held a significant share, which is expected to grow the fastest among applications with a 3.0% CAGR during the forecast period. This segment's growth is driven by the increased advantages of foliar use due to its systemic effect and compatibility with other treatments.
- Seed treatment holds the second-largest market share and is projected to record a 2.8% CAGR during the forecast period (2023-2029). Farmers in the country have adopted a common practice of pesticide seed treatment to improve seed performance and protect against diseases.
- Chemigation accounted for 12.3% of the African fungicide market value in 2022. This method is projected to record a 2.6% CAGR during the forecast period. In Africa, farmers are experiencing growing agricultural productivity as a result of adopting an irrigation system. This is likely to stimulate the growth of this segment over the coming years.
- The soil treatment method is anticipated to register a 2.7% CAGR during the period 2023-2029. The adoption of such application techniques was high among farmers in the region due to its various benefits, for instance, growers being able to control soil pests and those attacking aerial parts of the plant with a systemic fungicide.
- Studies have shown that fumigants are highly effective in controlling diseases and improving yields by protecting against soil-borne diseases. For instance, dazomet (DZ) fumigation was found to be 89.62% to 93.33% effective against fusarium and phytophthora. Due to these factors, the demand for fumigants is expected to increase.
- The fungicide market is projected to record a 3.3% CAGR during the period 2023-2029. African farmers are adopting different methods based on their requirements to protect crops and ensure optimal yields.
Understand The Key Trends Shaping This Market
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Increased awareness among farmers for using fungicides to protect crops is boosting the market
- The fungicide market in Africa witnessed steady growth during the historical period, with the region occupying a share of 2.6%, by value, of the global fungicides market in 2022. Mancozeb and systemic fungicides such as metalaxyl and benzimidazoles are the most frequently used fungicides in the region.
- Maize is the most important staple crop cultivated throughout Africa, with leading maize-producing countries being Nigeria, South Africa, and Ethiopia. Fungicides are mostly used in grains and cereals in the region as it is the largest exporter and producer of staple grains such as maize and wheat. The segment occupied a share of 43.1%, by value, in 2022.
- Similarly, 97% of yam is produced in the West African countries of the region. Anthracnose disease of yam is the most devastating fungal disease, leading to 50–90% losses. The control of yam anthracnose has been accomplished mainly with chemical fungicides such as benomyl (benlate), maneb, chlorothalonil, and mancozeb, which require biweekly or monthly applications.
- The occurrence of fungicide resistance presents a big challenge as it limits fungicide choices for effective disease management. At the same time, governments of various countries are investing in research initiatives to discover new diseases and their subsequent fungicides, along with supportive schemes for farmers.
- Such policies initiated by the government and a rise in awareness among farmers have further encouraged farmers to adopt crop protection practices that aim to expand the market, which is anticipated to record a CAGR of 2.9% during the forecast period (2023-2029).
