Copper Fungicides Market - Overview and Outlook by Potential Growth By 2032

Copper Fungicides Market Synopsis

The Global Market for Copper Fungicides Estimated at USD 688.70 Million In the Year 2024, Is Projected to Reach A Revised Size of USD 1,082.04 Million By 2032, Growing At A CAGR Of 5.81% Over The Forecast Period 2025-2032.

Copper is a metal that dissolves form, penetrates plant tissues, and helps to control fungal diseases. Copper Fungicides it’s a category of products with copper as an active ingredient that are used to prevent fungal and bacterial diseases in crops. It is important for managing disease which is caused by bacteria as well as managing resistance developing to other fungicides being used that are at risk.

Fungal diseases can be a real problem for the crop. Copper fungicides are often the first line of defense, especially for gardeners who prefer to avoid chemical fungicides. Owing to the rising demand for copper hydroxide, many companies are coming up with a new range of products to fulfill the demand. Rising awareness regarding the impact of chemicals and environmental regulations decreasing the use of chemicals and hence the use of copper fungicides increased is a factor that boosts the market growth.

Copper fungicides work by protecting plants from developing new infections. Normally, the application of copper fungicides before the fungus is visible gives additional benefits. However, fungal diseases are difficult to control. Its effectiveness is limited against the late blight of tomatoes and potatoes. As diseases can wipe out crops, disease control provided by the use of copper fungicides is critical for both, conventional and organic farming operations all around the world.

Fungi constitute the highest number of plant pathogens and cause many serious diseases in plants. The majority of diseases in vegetables are caused by fungi. Various sources of fungal infections in plants are seed, soil, weeds, and crop debris. Henceforth, increasing infections in the crops the demand for copper fungicides is increasing in the upcoming years.

The Copper Fungicides Market Trend Analysis

Copper Fungicides Market ?Growth Driver- Increasing Demand For Organic Farming

• Organic copper fungicides are compounds used to stop or regulate fungus growth in crops. They can be distinguished from artificial copper fungicides, which have several uses. The US Food and Drug Administration (FDA) has granted the status of "Generally Recognized as Safe" (GRAS) to organic copper fungicides (FDA).
• The growing demand for organic fruit products among consumers, started to shift their preference from chemical products to organic products. Organic products provide additional benefits hence increase in the popularity of these products among consumers drives market growth.
• With the rising disposable income and changing lifestyle, people are more aware of their health. Vegetables and fruits contain more chemicals that are harmful to human beings, as well as raising awareness of fungal diseases, boosts the market growth in the upcoming years.
• Nowadays rising adoption of organic farming with the increasing practice of using fungal protection for crops drives market growth. The need for copper fungicides is increasing day by day. The increasing number of fungal diseases affecting the crop is the major factor that helps the growth of the copper fungicide market.

Copper Fungicides Market Opportunity- Opportunity in the Innovative Products

• The growing need for food cultivation is the main reason influencing copper fungicide consumption. Another factor that contributes to the expansion of the copper fungicide market is the rise in the number of fungal diseases that impact the crop. The rising awareness regarding the negative impact of chemicals on human beings as well as the environment creates more growth opportunities for the key manufacturers during the forecast period.
• The key players in the market are focusing on new launches, partnerships, and acquisitions which creates a new growth opportunity for the copper fungicides market. For instance, ADAMA Ltd. and Jiangsu Huifeng Bio Agriculture Co., Ltd reported that they have completed the second and final phase of their previously announced transaction. In this phase, ADAMA has closed the acquisition of a 51% stake in Huifeng’s key crop protection synthesis and formulation facilities.

Segmentation Analysis Of The Copper Fungicides Market

Copper Fungicides market segments cover the Type, Application, and Region.

By Application, the fruits and vegetables segment is Anticipated to Dominate the Market Over the Forecast period.

• The rising number of fruits and vegetables demand around the world drives the segment growth. The increasing health consciousness among the population boosts the market growth. The rising demand for organic fruits and vegetables is primarily due to their increased production and rising global consumption.
• To meet the increasing demand for food worldwide owing to population growth, plant diseases caused by fungi must be controlled. For instance, according to United Nations, the world’s population is excepted to increase by more than one billion within the next 15 years and to increase further to 9.7 billion in 2050. 
• Henceforth, increasing the demand for foods and cereals is anticipated to boost the market growth. For instance, according to the Food & Agriculture Organization, by 2050, the demand for cereals for both animal feed and human sustenance is expected to reach 3 billion tonnes. In order to boost crop yields, all of these elements are expected to increase the copper fungicides demand in the upcoming years.
• The strong relationship of organics with nutrition and health is the main reason that has resulted in a surge of interest in products that benefit consumers, including functional food and vegetables. Rising urbanization increases the demand for organic food products such factors focus farmers to use Copper Fungicides to protect plants from infections.

Regional Analysis of The Copper Fungicides Market

Europe Region is Expected to Dominate the Market Over the Forecast period.

• Europe became the dominant region, due to the simple and sufficient availability of raw materials, such as copper sulfate, which is needed for the development of these chemicals, the majority of large manufacturers are situated in Europe. Copper oxychloride, copper hydroxide, and cuprous oxide are some further copper-based compounds made in this area. The top 10 crop producers worldwide including in Germany.
• Due to their higher yields, some of the most important crops grown in the nation are sugar, wheat, grapes, vegetables, and fruits. Due to the presence of strong production by Spain, and France, Europe is one of the top copper fungicide producers.
• Developed countries look for well-formulated products, respecting requirements to protect workers from exposure, provide ease of use, etc., whilst emerging markets prefer cheaper commodity-style products. In Europe, many technological advancements have been witnessed in the agriculture industry.

Top Key Players Covered in The Copper Fungicides Market

• Bayer AG (Germany)
• ADAMA Agricultural Solutions Ltd (Israel)
• Certis USA LLC (US)
• UPL Limited (India)
• Zhejiang Hisun (China)
• Cosaco (Texas)
• Albaugh (US)
• Nufarm (Australia)
• Isagro (Italy)
• Synthos AGRO Sp z o.o. (Sweden)     
• Industrias Químicas del Vallés SA (IQV) (Spain)
• Other Active Players

Key Industry Developments in the Copper Fungicides Market

• In January 2023, BASF announced the launch of its new copper fungicide, Revus Prime. Revus Prime is a multisite fungicide that is effective against a wide range of fungal diseases, including powdery mildew, apple scab, and grape black rot.
• In February 2023: Bayer CropScience announced the acquisition of Valent Biosciences, a leading provider of crop protection products. The acquisition of Valent Biosciences expands Bayer CropScience's portfolio of copper fungicides and gives the company access to new markets.
• In March 2023: Syngenta announced the investment of $50 million in the expansion of its copper fungicide production facility in China. The expansion will increase Syngenta's production capacity of copper fungicides by 50%.
• In April 2023: FMC Corporation announced the launch of its new copper fungicide, Harmony. Harmony is a biofungicide that is effective against a wide range of fungal diseases, including apple scab, grape black rot, and soybean rust.
• In May 2023, Marrone Bio Innovations announced the launch of its new copper fungicide, Terragard. Terragard is a biofungicide that is effective against a wide range of fungal diseases, including potato scab, tomato early blight, and cucumber scab