Seed Treatment Market Research Report - Global Forecast till 2027

Global Seed Treatment Market Research Report: Information by Type (Chemical and Non-Chemical {Biological and Physical}), Application Technique (Dressing, Coating, Pelleting and Others), Function (Seed Protection and Seed Enhancement), Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables and Others) - Forecast till 2027

ID: MRFR/AGR/4695-CR | May 2020 | Region: Global | 111 pages

Market Overview


Global Seed Treatment Market is projected to register a 10.10% CAGR and reach USD 13,814.0 Million by 2025. The rising demand for treated seeds is seen as one of the main factors driving the growth of the global market for seed care.


COVID-19 Analysis


The effect of the COVID-19 pandemic on the demand for seed care was limited, primarily due to barriers to transportation. The government has exempted the implication of lockdowns or disturbances for all forms of agricultural operations, but no such influence of the corona outbreak has occurred. Indeed, because of panic buying behaviour from farmers, the agro-chemical firms have made double-digit gains relative to last year. Companies had appropriate inventories, so farmers were able to purchase seed treatment products as needed.


Market Dynamics


Drivers


Growing Demand for Improved Crop-Yield to Drive Market Growth


Compared to some other crop protection approaches, seed treatment is a cost-effective solution which is expected to serve as a major catalyst for the growth of the global demand for seed treatment. 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. In addition, the growing need to use cost-effective approaches to raise crop yields is driving demand growth. In addition, advances with diverse formulations and active additives have now aided in the care of seeds with a wide range of insect, disease and nematode defence, with a combination of insecticides, fungicides, and inoculants.


Opportunities


R&D Investments to Create Growth Avenues for Key Players


Because of the growing acceptance of organic farming practises in developing economies, the seed treatment industry is expected to generate lucrative growth prospects for vendors. With an improvement in seed treatment R&D operations, numerous new product innovations will be able to reach the industry in the next five years. Manufacturers of seed treatment products are creating novel variations of these products which may, qualitatively and quantitatively, be of great benefit to crop yields. 


Restraints


Natural Hazards to Impede Market Growth


The total production of raw fruits and vegetables may be negatively impacted by natural hazards, including storms, landslides, flooding and other severe weather events, resulting in a negative effect on the development of the global seed treatment industry. In addition, adverse weather conditions are hampering demand development. Due to the short shelf life of treated seeds, the germination of seeds and the decrease in vigour are relatively growing, particularly in seeds such as soybeans. The physical and chemical properties of its composition influence the existence of microbes. It can be difficult to maintain the viability of the coated microbes in seeds, thus shortening their shelf lif.


Segmental Analysis


By Type


The chemical segment dominated the worldwide market in 2018. Fungicides or insecticides are applied to seeds in chemical seed treatment to control the diseases associated with seeds and seedlings. In order to protect the seeds from pathogens present in the soil, fungicides or insecticides are also used. In addition, it also stops pests from eating the seeds. Non-chemical seed treatments offer more advantages over the treatment of chemical seeds by reducing the use of agrochemicals and further reducing growers' exposure to chemicals.


By Application Technique


During the forecast period, the pelleting segment is expected to register the highest growth rate. In 2018, the dressing segment held the largest market share, while the pelleting segment is likely to grow throughout the study period with the highest CAGR. Seed dressing helps control diseases like bunt, Fusarium, Septoria, and loose smut that are transmitted by seeds. To prevent disease growth, they are occasionally applied to stored seeds, which would impair the ability of the seed to germinate or the ability of the seedling to grow normally. Seed pelleting is mostly carried out on small seeds, making them more homogeneous and easier to mix and sow, making them uniform in terms of size and weight.


By Function


In 2018, the seed protection segment acquired a larger revenue share of the global market for seed treatment. Seed protection is done to prevent any disease from being caught by the seeds and seedlings and prevent pest attacks from the moment they are harvested. Before they even have a chance to develop, the pathogens may harm the seeds and kill the seeds. This can have a negative effect on the progress of the crop during the harvest season, adversely affecting the yield during the first stages of its development. However, the demand for seed enhancement is likely to drive the growth of thii due to the need for better seed tolerance, enhanced seed strength, and changed seed emergence capabilities during the forecast period.


By Crop Type


In 2018, the lion's share was accounted for by the cereals & grains segment and is expected to retain its domination over the forecast era. Different bugs, including wireworms, frequently target cereal & grain seeds. Seed treatment lets the kernel, particularly at its early stage of growth, achieve its maximum potential. The cereal & grain seed treatment provides protection from soil-borne fungi and ensures consistency and stable crops.


Regional Assessment


North America to Lead Market Growth


In 2018, the largest share of the seed treatment market was owned by North America. In 2018, the region accounted for a 30.17 per cent market share. In North America, the seed care industry, The US, in particular, has undergone a significant systemic shift and transformation in recent years.


China to Drive APAC Growth


During the forecast period, however, Asia-Pacific is predicted to record the highest CAGR of 10.54 per cent. The largest country-level markets in the area are China and India, contributing to its growth.


MEA to Witness Gradual Growth


In the Middle East and Africa, where rice is gaining importance as a global food staple and calorie source, rice consumption will also increase. An surplus of supply and sluggish growth in demand have marked the market condition for cereals. The development of this sector, however, is motivated by yield improvements and expanded use in food-related applications. This, in turn,  is projected to drive the market growth in this region.


Competitive Landscape


Key Players Focus on Expanding their Regional Footprint


Through expanding and introducing new products, players operating in the global seed treatment industry are focused on strengthening their regional presence. Via expansions & investments, mergers & acquisitions, alliances, joint ventures, and deals, the major players in this business are concentrating on growing their presence. In addition to strong distribution networks throughout these countries, they still have production facilities.



  • 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)

  • UPL Limited (India)


Recent Development


January 2021: A new Centre of Seed Applied Technology (CSAT), a new agricultural science centre in Aussonne, France, has been established by Corteva Agriscience. The new centre, scheduled to be operating in the first half of next year, will enable European farmers to increase the harvest of their crops. The centre, the first in Europe and the third in the world, will concentrate on service creation with technological investment in innovative technologies for seed treatment to help farmers meet the demands of evolving agriculture.


January 2021: BASF, a leading player in the industry, has armed cereal farmers with a strong new Teraxxa seed treatment to fight wireworms. This seed treatment provided farmers with what no other treatment currently recorded could offer: wireworm mortality. The U.S. just registered this new offering. Agency for Environmental Protection (EPA) which will be eligible for the rising season 2021.


Report Overview


By Type



  • Chemical

  • Non-Chemical

  • Biological

  • Physical


By Application Technique



  • Dressing

  • Coating

  • Pelleting

  • Others


By Function



  • Seed Protection

  • Seed Enhancement


By Crop Type



  • Cereals & Grains

  • Oilseeds & Pulses

  • Fruits & Vegetables

  • Others



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 13,814.0 Million (2025)
  CAGR   10.10% (2019-2025)
  Base Year   2019
  Forecast Period   2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, Application Technique, Function, Crop Type
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   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), UPL Limited (India)
  Key Market Opportunities   R&D Investments to Create Growth Avenues for Key Players
  Key Market Drivers   Growing Demand for Improved Crop-Yield to Drive Market Growth


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Frequently Asked Questions (FAQ) :


The seed treatment market is projected to grow at a 9.27% CAGR between 2019-2024.

The seed treatment market is predicted to touch USD 9.58 billion by 2024.

North America is projected to lead the seed treatment market.

Seed dressing will dominate the seed treatment market.

Cost -effective and low labor cost are the key factors driving the seed treatment market growth.