The Global Seed Treatment Market is expected to reach $5.93 billion by 2025, rising at a CAGR of 9% during the forecast period of 2019 to 2025.
Succeeding an extensive secondary and primary research and an in-depth analysis of the market scenario, the report carries out an impact analysis of the key industry drivers, restraints, challenges, and opportunities.
The growth in this market is mainly attributed to the growing need to increase crop yield and quality; its low cost; wide range of benefits of seed treatment; reduction of arable land; and reduced risk of exceeding minimum residue level. In addition, focus on integrated pest management and rapid growth in biological seed treatment provides significant opportunities for the growth of the seed treatment market. However, stringent government regulations hinder the growth of this market to some extent. On the other hand, developing film coating for seed treatment poses a great challenge to the global seed treatment market.
The study offers a comprehensive analysis of the global seed treatment market with respect to various types.
The global seed treatment market is segmented on the basis of type (chemical and biological), chemical (insecticide, fungicide, and others), formulation (liquid and dry), application techniques (coating, dressing, and pelleting), crop type (cereals & grains, oilseeds, and other crops), cereals & grains (corn, wheat, and other cereals), oilseeds (soybean, cotton, and canola), function (seed protection and seed enhancement), and geography.
Seed coating application technique commanded the largest share of the overall seed treatment market in 2019. The large share of this segment is mainly attributed to the factors such as broad-spectrum usage on all crop seeds with increasing commercial value of seeds by enhancing their appearance. In seed coating, a special binder is used with an agrochemical formulation to enhance adherence to the seed. With the use of this technology, the less agrochemical active ingredient is required to treat seeds as it gives a better adhesion of the agrochemical active ingredients on the seed surface. However, the seed pelleting application technique is also expected to witness significant growth during the forecast period.
Based on crop type, the overall seed treatment market is segmented into cereals & grains, oilseeds, and other crops.
Cereals & grains held the largest share of the overall seed treatment market in 2019. The large share of this segment is mainly attributed to the increasing demand to feed growing population and industrial applications such as animal feed, biofuel, and starch & ethanol production. However, oilseed treatment is expected to witness significant growth during the forecast period. The rapid growth in this segment is mainly attributed to the increasing cultivation of high cost GM seeds and the growing adoption of seed treatment by farmers to control the yield loss due to seed and seedling diseases.
On the basis of form, liquid form commanded the largest share of the overall seed treatment market in 2019. The large share of this segment is mainly attributed to the ease of use and storage of liquid form in comparison with the solid form. The liquid formulations are usually preferred by the farmers due to their readiness of application, and due to the fact that its comparatively cheaper than solid formulations. Also, these formulations are easier to handle, apply, and has better reachability.
Geographically, the global seed treatment market is segmented into five major geographies, namely North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
North America accounted for the largest share of the overall seed treatment market in 2019. The large share of this region is mainly attributed to the large arable land, increasing demand for crop yield & efficiency, and increasing adoption of high price GM seeds. However, Asia-Pacific region is expected to witness rapid growth during the forecast period mainly attributed to the large area under agriculture cultivation and growing population in the region which increases the use of various crop protection chemicals for enhancing crop yield.
2. Research Methodology 2.1. Research Process 2.1.1. Secondary Research 2.1.2. Primary Research 2.1.3. Market Size Estimation
3. Market Environment 3.1. World Economic Overview and Outlook 3.2. World Demographic Overview
4. Industry Structure 4.1. Value Chain Analysis 4.1.1. Supplier 4.1.2. Applicator 4.1.3. Application Technology 4.1.4. Treatment of Seed 4.1.5. Packaging, Labelling, and Distribution of Seeds 4.1.6. Seed Seller and Distributor 4.1.7. Farmers or Growers 4.2. Product Development and Manufacturing 4.3. Raw Material Analysis 4.3.1. Active Ingredients 4.3.2. Additives 4.4. Marketing and Distribution 4.5. Cooperative Agreements, Partnerships, and Collaborations 4.6. Mergers and Acquisitions
5. Executive Summary
6. Market Insights 6.1. Introduction 6.2. Drivers 6.2.1. Growing Need to Increase Crop Yield and Quality 6.2.2. Wide Range of Benefits of Seed Treatment 6.2.3. Reduction of Arable Land 6.2.4. Reduced Risk of Exceeding Minimum Residue Level 6.3. Restraints 6.3.1. Stringent Government Regulations 6.4. Challenges 6.4.1. Challenges in Developing Film Coating for Seed Treatment 6.5. Opportunities 6.5.1. Focus on Integrated Pest Management 6.5.2. Rapid Growth in Biological Seed Treatment Market 6.6. Market Share Analysis
7. Global Seed Treatment Market, by Type 7.1. Introduction 7.2. Chemical Seed Treatment 7.2.1. Insecticides 7.2.2. Fungicides 7.2.3. Others 7.3. Biological
8. Global Seed Treatment Market, by Formulation 8.1. Liquid Formulation 8.2. Dry Formulation
9. Global Seed Treatment Market, by Application Technique 9.1. Introduction 9.2. Seed Coating 9.3. Seed Dressing 9.4. Seed Pelleting
10. Global Seed Treatment Market, by Crop Type 10.1. Introduction 10.2. Cereals and Grains 10.2.1. Corn 10.2.2. Wheat 10.2.3. Other Cereals and Grains 10.3. Oilseeds 10.3.1. Soybean 10.3.2. Cotton 10.3.3. Canola 10.4. Other Crops
11. Global Seed Treatment Market, by Function 11.1. Introduction 11.2. Seed Protection 11.3. Seed Enhancement
12. Geographic Analysis 12.1. Introduction 12.2. North America 12.2.1. Introduction 12.2.2. U.S. 12.2.3. Canada 12.2.4. Mexico 12.3. Europe 12.3.1. Introduction 12.3.2. France 12.3.3. Germany 12.3.4. Italy 12.3.5. Spain 12.3.6. U.K. 12.3.7. Rest of Europe 12.4. Asia-Pacific 12.4.1. Introduction 12.4.2. China 12.4.3. India 12.4.4. Japan 12.4.5. Australia 12.4.6. Rest of APAC 12.5. RoW 12.5.1. Introduction 12.5.2. Latin America 18.104.22.168. Brazil 22.214.171.124. Argentina 126.96.36.199. RoLATAM 12.5.3. Middle East & Africa
13. Competitive Landscape 13.1. Introduction 13.2. Partnerships, Collaboration, and Agreement 13.3. Acquisition and Mergers 13.4. Expansion 13.5. New Product Launches
14. Company Profiles (Business Overview, Financial Overview, Product Portfolio, and Strategic Developments) 14.1. Bayer CropScience AG 14.2. BASF SE 14.3. Syngenta International AG 14.4. FMC Corporation 14.5. Monsanto Company (Part of Bayer CropScience AG) 14.6. Nufarm Limited 14.7. E.I. du Pont de Nemours and Company 14.8. Sumitomo Chemical Co. Ltd. 14.9. The Dow Chemical Company 14.10. ADAMA Agricultural Solutions Ltd. 14.11. UPL Limited 14.12. Croda International PLC 14.13. Tagros Chemicals India Ltd. 14.14. Germains Seed Technology (Part of Associated British Foods PLC) 14.15. Verdesian Life Sciences, LLC 14.16. Precision Laboratories, LLC