Growing Investments to R&D to Drive the Global Seed Treatment Market

The industry is motivated by increased demand for high-efficiency seed chemicals and the need to transform every seed into a viable seedling and achieve high yields.

Market Overview:

Global Seed Treatment Market is projected to register a 10.10% CAGR and reach USD 13,814.0 Million by 2025.

Market Dynamics

In comparison to other crop protection methods, seed treatment is a cost-effective alternative that is predicted to drive the global market for seed treatment. The industry is spurred by rising demand for high-efficiency seed chemicals and the desire to convert every seed into a viable seedling and maximize output. Additionally, the increased desire to increase crop yields through cost-effective methods is fuelling demand growth. Additionally, innovations in formulations and active ingredients have benefited in the care of seeds by providing a broad variety of insect, disease, and nematode defences using insecticides, fungicides, and inoculants.

The increased acceptability of organic agricultural practices in developing nations is likely to provide profitable growth opportunities for vendors in the seed treatment business. Numerous new product developments will be able to reach the industry in the next five years with an improvement in seed treatment R&D operations. Manufacturers of seed treatment products are developing fresh formulations of these products that may have a significant positive effect on crop yields, both qualitatively and statistically.

Natural hazards, such as storms, landslides, flooding, and other extreme weather events, may have a detrimental effect on the worldwide seed treatment industry development.

The COVID-19 pandemic had a modest influence on seed care needs, owing mostly to transportation constraints. The government has exempted all agricultural operations from the implication of lockdowns or disturbances, although the corona outbreak has had no such effect. Indeed, as a result of farmers' panic buying, agrochemical companies have posted double-digit gains year over year. Businesses maintained enough stocks, allowing farmers to purchase seed treatment goods as needed.

Request Free Sample Copy of Report with Detailed Impact Analysis of Covid-19:

Segmental Analysis

Chemicals dominated the global market by type in 2018.

By Application Technique, the pelleting segment is predicted to increase at the fastest rate throughout the forecast period. In 2018, the dressing category captured the biggest market share, while the pelleting sector is expected to grow at the fastest CAGR throughout the study period.

According to function, the seed protection segment captured a greater revenue share of the worldwide seed treatment market in 2018.

By Crop Type, the cereals & grains segment led the market in 2018 and is likely to continue dominating the market during the forecast period.

Regional Overview

North America dominated the seed treatment market in 2018. In 2018, the area held a market share of 30.17 percent. The seed care sector in North America, and particularly in the United States, has seen a considerable structural upheaval and revolution in recent years.

However, Asia-Pacific is expected to grow at the fastest rate of 10.54 percent during the forecast period. China and India are the area's main country-level markets, contributing to its expansion.

Make a Purchase Report Enquiry:

Rice consumption will also expand in the Middle East and Africa, where rice is gaining prominence as a worldwide food staple and calorie source. The market situation for grains has been characterized by a supply glut and weak demand growth. However, this sector's growth is being driven by increased yields and increased use in food-related applications. This is expected to fuel market growth in this region.

Competitive Dynamics

The notable players of the market are Bayer AG (Germany), Syngenta AG (Switzerland), BASF SE (Germany), Sumitomo Chemical Co., Ltd (Japan), Nufarm (Australia), DuPont de Nemours, Inc. (US), FMC Corporation (US), ADAMA Agricultural Solutions Ltd (China), Croda International Plc (UK), and UPL Limited (India).

Have Any Query? Connect with Our Research Expert 24*7:

About Market Research Future:

Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets, and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.

Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.

Contact Info:
Name: Market Research Future
Email: Send Email
Organization: Market Research Future (part of Wantstats Research and Media Private Limited)
Address: 99 Hudson Street,5Th Floor, New York, New York 10013, United States of America
Phone: +1 628-258-0071

Release ID: 89060479