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Redding, California - February 14, 2024

Seed Treatment Market to Reach $14.36 Billion by 2031

Seed Treatment Market by Type (Chemical {Insecticides}, Biological), Form (Liquid, Dry), Function (Seed Protection, Seed Enhancement), Application Technique (Seed Coating, Seed Dressing), Crop Type (Cereals & Grains, Oilseeds) - Global Forecast to 2031

Meticulous Research^®—a leading global market research company, published a research report titled ‘Seed Treatment Market by Type (Chemical {Insecticides}, Biological), Form (Liquid, Dry), Function (Seed Protection, Seed Enhancement), Application Technique (Seed Coating, Seed Dressing), Crop Type (Cereals & Grains, Oilseeds) - Global Forecast to 2031’.

According to this latest publication from Meticulous Research^®, the global seed treatment market is projected to reach $14.36 billion by 2031, at a CAGR of 10.4% from 2024 to 2031. The rising need for low-cost crop protection solutions to increase crop yield and quality, the increasing need to maintain minimum residue limit, and the advancements in seed treatment equipment contribute to the growth of the global seed treatment market. The rising costs of high-quality seeds (hybrid and GM seeds), the benefits offered by seed treatment, and the declining availability of agricultural land also drive growth of the market.

However, the stringent and non-standardized regulations, financial hurdles for new entrants, restrictions on the use of neonicotinoids, and limited shelf-life of treated seeds are expected to hinder market growth to some extent.

Moreover, the increasing focus on integrated pest management, growing adoption of biological seed treatment and emergence of biodegradable seed coatings are expected to provide market growth opportunities for the stakeholders operating in this market. Nevertheless, the substantial challenges faced by stakeholders in this market are the complicated process of developing film coating for seed treatment and growing resistance to crop protection products.

Key Players:

The global seed treatment market is characterized by a moderately competitive scenario due to the presence of many large- and small-sized global, regional, and local players. The key players operating in the global seed treatment market are Bayer AG (Germany), Syngenta AG (Switzerland) (a part of China National Chemical Corporation/ChemChina), BASF SE (Germany), Corteva Inc. (U.S.), UPL Limited (India), Nufarm Limited (Australia), FMC Corporation (U.S.), Tagros Chemicals India Ltd. (India), Germains Seed Technology (U.K.) (Part of Associated British Foods Plc), Verdesian Life Sciences, LLC (U.S.), Novozymes A/S (Denmark), Valent BioSciences LLC (U.S.), Croda International Plc (U.K.), and Precision Laboratories, LLC (U.S.).

The global seed treatment market is mainly segmented by type (chemical {insecticides, fungicides, and other chemical seed treatment} and biological {microbial [biofertilizers, biopesticides, and biostimulants], biochemical, and other biological seed treatment}), form (liquid and dry), function (seed protection and seed enhancement), application techniques (seed coating, seed dressing, and seed pelleting), crop type (cereals and grains {corn, wheat, and other cereals & grains), oilseeds {soybean, cotton, and canola}, and other crops), and geography (North America, Europe, East Asia, South & Southeast Asia, Australasia, Latin America, and the Middle East & Africa). The study also evaluates industry competitors and analyses the regional and country-level markets.

Based on type, the global seed treatment market is segmented into chemical seed treatment and biological seed treatment. The chemical seed treatment segment is expected to account for the larger share of the global seed treatment market in 2024. The large market share of this segment is attributed to its increasing use in developing countries, ease of availability, high efficiency, and lower costs compared to biological products.

Based on form, the global seed treatment market is segmented into liquid and dry. The liquid segment is expected to account for the larger share of the global seed treatment market in 2024 owing to its high usage by farmers due to ease of handling, better seed coverage, better performance, and higher effective duration (up to 6 months) than dry form (up to 3 months). Furthermore, liquid form offers better safety to workers due to the dust associated with dry form.

Based on function, the global seed treatment market is segmented into seed protection and seed enhancement. The seed protection segment is expected to account for the larger share of the global seed treatment market in 2024 owing to factors such as low cost, ease of handling, non-injurious to seed under prolonged storage, increasing effectiveness against most diseases, and compatibility with inoculants.

Based on application technique, the global seed treatment market is segmented into seed coating, seed dressing, and seed pelleting. The seed coating segment is expected to account for the larger share of the global seed treatment market in 2024, owing to the increasing need to protect seeds from external factors, such as fungi, parasites, pathogens, and extreme temperatures.

Based on crop type, the global seed treatment market is segmented into cereals & grains, oilseeds, and other crops. The cereals & grains segment is expected to account for the largest share of the global seed treatment market in 2024 owing to the growing need to increase cereal & grain production, minimize cereal & grain loss due to pests and diseases, and their increasing use in animal feed, biofuel, and starch & ethanol production.

Geographic Review

This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S., Canada), Europe (France, Germany, Italy, Spain, U.K., Rest of Europe), East Asia (China, Japan, South Korea, and Rest of East Asia), South & Southeast Asia (India, Indonesia, and Rest of South & Southeast Asia), Australasia, Latin America (Brazil, Argentina, Mexico, Chile, and Rest of Latin America), and Middle East & Africa.

In 2024, North America is expected to account for the largest share of the global seed treatment market. The large share of this market is attributed to the growing demand for high-yielding and disease-tolerant crops from domestic markets and export destinations. Moreover, factors such as an organized distribution chain for crop protection chemicals, the availability of water and land, entrepreneurial farmers, the growing awareness about sustainable crop production techniques to lessen environmental impact, and the presence of a large number of stakeholders support the growth of this market in the region.

However, the market in East Asia is slated to register the fastest growth rate during the forecast period of 2024–2031. The growth of this regional market is driven by factors such as the increasing farm sizes, the rising demand for high-yield crop products, the increasing organic crop production in the region, especially in China & Japan, and the growing support from various organizations & governments to enhance crop cultivation.

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5075

Key Questions Answered in the Report-

What is the value of revenue generated by the sale of seed treatment?
At what rate is the global demand for seed treatment projected to grow for the next 5-7 years?
What is the historical market size and growth rate for the seed treatment market?
What are the major factors impacting the growth of this market at global and regional levels?
What are the major opportunities for existing players and new entrants in the market?
Which product type, form, function, application technique, and crop type segments create major traction for the manufacturers in this market?
What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the seed treatment market?
Who are the major players in the seed treatment market? What are their specific product offerings in this market?
What recent developments have taken place in the seed treatment market? What impact have these strategic developments created on the market?

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Redding, California - February 14, 2024

Seed Treatment Market to Reach $14.36 Billion by 2031

Seed Treatment Market by Type (Chemical {Insecticides}, Biological), Form (Liquid, Dry), Function (Seed Protection, Seed Enhancement), Application Technique (Seed Coating, Seed Dressing), Crop Type (Cereals & Grains, Oilseeds) - Global Forecast to 2031

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