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Global Seed Treatment Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report - Segmented By Crop Type (Corn/Maize, Soybeans, Wheat, Rice, Canola, Cotton And Other Products), Application (Chemical Agents (Insecticides, Fungicides And Other Chemicals) And Biological Agents), Function (Crop Protection Chemicals And Seed Enhancement), And Region (North America, Europe, APAC, Latin America, Middle East And Africa) – Industry Analysis From 2024 To 2029

Published: March, 2023
ID: 692
Pages: 175
Formats: report pdf report excel report power bi report ppt

Global Seed Treatment Market Size (2024 to 2029)

The size of the global seed treatment market is predicted to grow from USD 9.98 billion in 2024 to USD 16.27 billion by 2029, growing at a CAGR of 10.27% from 2024 to 2029. The global market is poised for growth owing to the growing research & development initiatives to improve the seeds' potential for genetic yielding. Seed treatment involves the application of biological, physical, and chemical agents during planting to improve the health of crops. It helps to control soil and seed-borne infections and diseases and increases the crop yield, leading to enhanced productivity. Seed treatments can be an environmentally more friendly way of using pesticides as the amounts used can be very small. Biological seed treatment agents are antagonistic fungi or bacteria used for protecting seeds.

Global Seed Treatment Market Drivers:

The major driver of the market is the increasing global population, which in turn led to an increase in food requirements. Other factors like the rising cost of fertilizers & pesticides, increase in farm sizes, increase in rates of crop rotation, and increased awareness among farmers about the benefits of using agro products are also driving the market for seed treatment. Increasing R&D costs related to improving crop quality are expected to increase the growth of the market. The growing concerns over the environment and limited duration of protection are hampering the global market growth.

REPORT COVERAGE: 

REPORT METRIC

DETAILS

Market Size Available

2023 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

10.27%

Segments Covered

By Crop Type, Application, and Region

Various Analyses Covered

Global, Regional and Country Level Analysis; Segment-Level Analysis; DROC; PESTLE Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Analyst Overview of Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Syngenta, Bayer CropScience, BASF, Monsanto, BioWorks Inc, Valent USA Corp, Adama Agricultural Solutions Ltd, Advanced Biological Marketing Inc, Brettyoung Limited, Chemtura Agrosolutions, Dupont, Germains Seed Technology.

  

This research report on the global seed treatment market has been segmented and sub-segmented based on crop type, application, and region. 

Global Seed Market - By Crop Type:

  • Corn/Maize
  • Soybeans
  • Wheat
  • Rice
  • Canola
  • Cotton
  • Other Products

Global Seed Market - By Application:

  • Chemical Agents
  • Insecticides
  • Fungicides
  • other chemicals
  • Biological Agents

Based on function, the market can be divided into Crop Protection Chemicals and Seed Enhancement. Corn/maize held the largest share of over 25% of the overall market revenue. The high market share of maize is majorly because of the increasing corn demand for producing biofuels. Canola is anticipated to witness maximum growth as these seeds possess a high oil content, which leads to increasing demand.  

Global Seed Market – By Region:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

North America is the largest market for seed treatment and is expected to continue its dominance. Much of the region’s growth comes from the US, which is one of the largest treated seed exporting countries in the world. The seed treatment market is projected to expand in the Asia Pacific due to higher economic growth in the region.

KEY MARKET PLAYERS: 

The Major Key market players of global seed treatment market are Syngenta, Bayer CropScience, BASF, Monsanto, BioWorks Inc, Valent USA Corp, Adama Agricultural Solutions Ltd, Advanced Biological Marketing Inc, Brettyoung Limited, Chemtura Agrosolutions, Dupont, Germains Seed Technology.

 

 

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FAQ's

1. What are the benefits of seed treatment?

Seed treatment offers several benefits, including improved seed germination, enhanced seedling vigor, protection against pests and diseases, reduced reliance on chemical pesticides, and increased crop yields. Additionally, seed treatments can help minimize the environmental impact of agricultural practices by targeting specific pests and diseases and reducing the need for blanket pesticide applications.

2. What factors are driving growth in the seed treatment market?

Several factors are driving growth in the seed treatment market, including increasing demand for higher crop yields and improved crop protection, growing awareness of the benefits of seed treatments among farmers, and the development of new and more effective seed treatment technologies. Additionally, stricter regulations on pesticide use and a greater focus on sustainable agricultural practices are also driving demand for seed treatments as alternatives to traditional chemical pesticides.

3. What are some challenges facing the seed treatment industry?

Some challenges facing the seed treatment industry include regulatory hurdles related to the approval and registration of new seed treatment products, concerns about the environmental and health impacts of certain chemical treatments, and the development of resistance among pests and diseases to commonly used seed treatment agents. Additionally, there is ongoing research and development to address these challenges and develop more sustainable and effective seed treatment solutions.

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