In 2023, the sales of morpholines-based fungicides in France stood at 78.7 thousand kilograms. Over the forecast period from 2024 to 2028, sales are expected to decline significantly. The year-on-year variations project a sharp decrease, with an annual decline starting from 65.1 in 2024 to 12.04 thousand kilograms by 2028. This downward trend denotes an overall compounded annual growth rate (CAGR) of -23.24% over the five-year period.
Key future trends to watch include:
- Possible shifts in regulatory frameworks impacting fungicide use.
- Innovation in alternative fungicide solutions, emphasizing reduced chemical usage.
- Increased adoption of sustainable agricultural practices reducing fungicide dependency.