According to the latest report by IMARC Group “Seed Treatment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global seed treatment market size reached US$ 7.37 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 12.35 Billion by 2027, exhibiting at a CAGR of 8.9% during 2022-2027.
Seed treatment involves the application of chemical or organic agents in order to improve the quality of seeds and provide protection to the grains. Some of the widely used materials in the seed treatment process include eco-friendly pesticides and fungicides, which prevent pathogens or rodents from damaging the crops. Seed treatment pesticides and fungicides are utilized in varying concentrations according to the requirements of the soil or crop. The treatment process involves numerous stages, including exposing the seeds to the sun, immersing them in nutrient-rich water, coating, priming, phytosanitary treatment, pelleting, microbial inoculation, etc.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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The expanding global population is propelling the demand for food grains, thereby necessitating higher and enhanced yields across countries. This, in turn, is among the key factors driving the seed treatment market. Moreover, the increasing requirement to prevent seed and soil-borne infections and augment the germination time is further catalyzing the market growth. In addition to this, the widespread need to avert the ill-effects of agrochemical residues so as to ensure chemical-free foods is also positively influencing the global market. Apart from this, extensive research and development (R&D) activities in bio-farming techniques are acting as significant growth-inducing factors. In line with this, the introduction of energy-efficient, environment-friendly, and cost-effective treatment solutions is anticipated to bolster the seed treatment market over the forecasted period.
Breakup by Type:
- Chemical Seed Treatment
- Non-Chemical Seed treatment
Breakup by Application Technique:
- Seed Coating
- Seed Dressing
- Seed Pelleting
Breakup by Crop Type:
Breakup by Function:
- Seed Protection
- Seed Enhancement
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- DOW Agrosciences
- Arysta Lifescience
- Sumitomo Chemical
- Advanced Biological Marketing Inc
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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