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Seed Treatment Market Trends

  • Report ID: GMI5673
  • Published Date: Jun 2023
  • Report Format: PDF

Seed Treatment Market Trends

The increasing demand for high-quality food grains and the growing need for enhancing crop yield and productivity are augmenting the growth of the global market. The use of seed treatment products has become a common practice among farmers to protect crops against pests, diseases, and other environmental stressors. Seed treatments improve the overall health of the plant, enhance seedling emergence, and reduce the risk of seed and soil-borne diseases.

 

The implementation of advanced seed treatment technologies such as biological seed treatments and seed coating techniques has further expand the market growth. The development of new formulations and seed treatment products that are more effective and sustainable is likely to push market growth. The increasing adoption of genetically modified (GM) crops and the need for improving seed germination rates are expected to propel the seed treatment market growth.

 

GM crops offer several benefits such as resistance to pests and diseases, drought tolerance, and increased crop yield. The growing demand for organic and non-GM crops has led to the development of seed treatment products that are eco-friendly and sustainable. The increasing awareness about the adverse effects of chemical pesticides on the environment and human health has led to a shift towards organic and natural seed treatment products.

 

Strong application in the agriculture sector as an active herbicide agent is likely to propel the glyphosate market growth. It is used to prevent the growth of unwanted broadleaf weed, thus augmenting the agricultural production. It also aids in stimulating plant growth & supports ripening of certain crops such as cotton, canola, soybean, berry crops, and corn.

 

Essential oils market size which are used for biological seed treatment segment crossed USD 10.5 billion in 2022 and is anticipated to exhibit over 9% CAGR between 2023 and 2032, because of the insecticidal & antimicrobial properties which results as an alternative to synthetic chemicals.

 

Botanical extracts market reached USD 6 billion in 2022 and is forecast to see about 7% growth rate from 2023 to 2032. These naturally derived extracts possess properties which include antimicrobial, insecticidal and antifungal which are useful for controlling pests, diseases and insects that affect young plants & seed.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of seed treatment was exceeded USD 12.4 billion in 2022 and is set to reach USD 43.1 billion by 2032.

The seed coaters segment will experience significant growth by 2032 owing to the ability of seed coaters to improve seed germination and help in early growth.

North America held the largest market share in 2022, accounting for a significant portion of the seed treatment market attributed to the presence of prominent players engaged in seed treatment products.

Notable players in the seed treatment industry are Syngenta AG, Bayer AG, BASF SE, Corteva Agriscience, and FMC Corporation.

Seed Treatment Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 20
  • Tables & Figures: 548
  • Countries covered: 18
  • Pages: 500
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