The global seed treatment market size is expected to reach USD 11.62 billion by 2030, according to a new study by Polaris Market Research. The report “Seed Treatment Market Share, Size, Trends, Industry Analysis Report, By Type (Chemical, Non-chemical); By Treatment Technique (Coating, Dressing, Pelleting); By Crop Type; By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The seed treatment process involves the application of physical, biological, and chemical agents during planting to improve the health of crops. It helps to control soil-borne diseases and infections. Furthermore, it improves the yield of crops, enhances overall productivity, and reduces germination time.
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A popular seed treatment insecticide in the global market is neonicotinoids. Imidacloprid is considered one of the most common neonicotinoids used to control aphids, as aphids act as the carriers of viral diseases. The seed treatment process involves the application of organic or chemical agents to improve the quality and provide grain protection. Eco-friendly fungicides and pesticides that prevent rodents & pathogens from damaging the crop are widely used in the process.
There has been a rapid increase in the global population which has created a significant rise in the demand for food grains, which requires the production of enhanced and higher yields. Moreover, this effective process prevents soil-borne infections, which aids in improving the germination time and improves overall productivity.
Furthermore, the extensive research and development in bio-farming techniques along with the production of environment-friendly, energy-efficient, and economical means of the process is also expected to catalyze the industry growth in the forecast period.
This offers a precise mode of application of products in the field and provides a precise level of protection against seed-borne disease and insects while reducing the potential exposure of humans & the environment to crop protection products. This is also effective against hessian flies, chinch-bug, flea-beetle, leafhopper, and many others.
This process has emerged as a cost-effective crop protection solution as compared to conventional spraying as it is more efficient and requires less labor-intensive. The increasing demand to increase crop quality and yield, its low cost, a wide range of benefits, and reduced risk of exceeding minimum residue level are the key factors expected to drive the growth of the market in the forecast period.
Seed Treatment Market Report Highlights
- The chemical protection segment holds the majority share of the market and is expected to grow further over the forecast period owing to its ability to improve the process of germination and maintain its health.
- Fruits & vegetables accounted for the largest market share, which is accelerated by the increased consumption of fruits & vegetables over the past few decades and the trend is expected to continue over the forecast period.
- The Asia Pacific is expected to grow exponentially over the forecasted period on account of the growth in demand for fodder and forage crops across the globe.
- The global market is highly competitive owing to the existence of large market players with a global presence including Eastman Chemicals Ltd., Croda International Plc, Certis Europe, Sumitomo Chemical, Rizobacter, Bioworks Inc., and Marrone Bio Innovations.
Polaris Market Research has segmented the seed treatment market report based on type, treatment technique, crop, and region:
Seed Treatment, Type Outlook (Revenue – USD Billion, 2018 – 2030)
Seed Treatment, Treatment Technique Outlook (Revenue – USD Billion, 2018 – 2030)
Seed Treatment, Crop Outlook (Revenue – USD Billion, 2018 – 2030)
- Cereals & Grains
- Fruits & Vegetables
Seed Treatment, Regional Outlook (Revenue – USD Billion, 2018 – 2030)
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa