Global Seed Treatment Market Outlook, Industry Analysis and Prospect 2025
Global Seed Treatment Market is Projected to Be Valued at USD 13,814.0 Million by 2025, Expanding at a 10.10% CAGR During the Forecast Period.
- The global seed treatment market is likely to grow at a
notable pace during the forecast period. The demand for seed treatment has
been increasing across the globe over the last few years, driving market
growth. Seed treatment is a cost-effective approach compared to any other
crop protection methods, which is projected to act as a significant driver
for the growth of the global seed treatment market. However, unfavorable
climatic conditions are expected to restrict the growth of the market. The
increasing adoption of organic farming practices in emerging economies
offers a lucrative opportunity to seed treatment manufacturers.
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North America dominated the seed treatment
market in 2018 owing to the increasing concerns regarding the expenses
associated with crop yields and production in the region. Canada and Mexico are
the most lucrative markets for the vendors active in the regional market.
Asia-Pacific is expected to register the highest CAGR during the upcoming years
due to rising investments in advanced technologies for ensuring a better yield,
especially in China and India. Europe also garnered a significant revenue share
of the global seed treatment market in 2018. Germany, France, and Italy are the
major country-level markets contributing to the growth of the region
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- The seed treatment market has been categorized based on
type, application technique, function, crop type, and region.
- By type, the global market has been segmented into
chemical and non-chemical. The non-chemical segment is further divided
into biological and physical. The chemical segment accounted for the
larger market share in 2018, while the non-chemical segment is expected to
exhibit a higher CAGR during the review period. In chemical seed
treatment, fungicides or insecticides are applied to the seeds to control
the diseases associated with seeds and seedlings. The fungicides or
insecticides are also used to protect the seeds from the pathogens present
in the soil. Moreover, it also prevents pests from eating the seeds. The
non-chemical seed treatments offer more advantages over chemical seed
treatment as it reduces the use of agrochemicals, further reducing the
exposure of the growers to chemicals.
By application technique, the global market has
been segregated into dressing, coating, pelleting, and others. The dressing
segment held the largest market share in 2018, while the pelleting segment is
likely to grow with the highest CAGR throughout the study period. Seed dressing
helps control seed-borne diseases such as bunt, Fusarium, Septoria, and loose
smut. They are occasionally applied to stored seeds to prevent disease growth,
which would impair the seed's ability to germinate or the seedling's ability to
grow normally. Seed pelleting is mostly carried out on small seeds, which
allows them to be uniform in terms of size and weight, making them more
homogeneous and easier to mix and sow.
- Based
on function, the seed treatment market is categorized into seed protection
and seed enhancement. The seed protection segment garnered a larger
revenue share of the global seed treatment market in 2018. Seed protection
is done to prevent the seed and seedling from catching any disease and
preventing pest attacks from the moment they are harvested. The pathogens
can damage the seeding and kill the seeds before they even have a chance
to develop. This can negatively impact the crop progress during the
harvesting season, thereby negatively impacting the yield during the first
stages of its growth. However, increasing demand for seed enhancement
owing to the need for better resistance in seeds, improved seed strength,
and modified seed emergence abilities is likely to drive the growth of this
segment during the forecast period. Based
on crop type, the global seed treatment market is segmented into cereals
& grains, oilseeds & pulses, fruits & vegetables, and others.
In 2018, the cereals & grains segment accounted for the lion’s share
and is expected to maintain its dominance throughout the forecast period.
Cereal & grain seeds often get attacked by different pests, including
wireworms. Seed treatment helps the kernel reach its full potential,
particularly at its early stage of development. The seed treatment for
cereals & grains ensures protection against the soil-borne fungi and
ensures consistency and healthy crops.
- Regional Analysis
- Geographically, the seed treatment market has
been divided into North America, Europe, Asia-Pacific, and the rest of the
world. As per MRFR analysis, North America dominated the seed treatment
market, accounting for the largest share in 2018. Europe's seed treatment
market accounted for the second-largest market share in
2018. Asia-Pacific is projected to register the highest
CAGR of 10.54% during the forecast period.
- Key Players
- Market Research Future has identified ADAMA
Agricultural Solutions Ltd (China), Nufarm (Australia), Syngenta AG
(Switzerland), BASF SE (Germany), Sumitomo Chemical Co., Ltd (Japan),
DuPont de Nemours, Inc. (US), Bayer AG (Germany), FMC Corporation (US),
Croda International Plc (UK), and UPL Limited (India) as the Key
Players in the Global Seed Treatment Market.
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