Seed Treatment Market Size & Growth (2020- 2025):

The Global Seed Treatment Market was worth USD 7447.8 million in 2020 and estimated to be growing at a CAGR of 10.27%, to reach USD 12142.69 million by 2025.

Overview of the Market:

The global market is poised for growth owing to the growing research & development initiatives to improve the seeds' potential of genetic yielding. Seed treatment involves the application of biological, physical, and chemical agents during planting to improve the health of crops. It helps to control soil and seed-borne infections, diseases and also increases the crop yield leading to enhanced productivity. Seed treatments can be an environmentally more friendly way of using pesticides as the amounts used can be very small. Biological seed treatment agents are antagonistic fungi or bacteria used for protecting seeds.

The major driver of the market is the increasing global population which in turn led to an increase in food requirements. Other factors like Rising in cost of fertilizers & pesticides, increase in farm sizes, increase in rates of crop rotation and increased awareness among farmers about the benefits of using agro products are also driving the market for seed treatment. Increasing R&D costs related to improving crop quality is expected to increase the growth of the market. Major Restraints of the market are increased concerns over environment, Limited Duration of Protection.

The Global Seed Treatment Market is segmented and sub-segmented into following categories:

By Crop Type

Corn/Maize

Soybeans

Wheat

Rice

Canola

Cotton

Other products

By Application

Chemical Agents- Insecticides

Fungicides

other chemicals

Biological Agents

Based on function the market can be divided into Crop Protection Chemicals and Seed Enhancement. Corn/maize held the largest share of over 25% of the overall market revenue. The high market share of maize was contributed due to the increasing corn demand for producing bio-fuels. Canola is anticipated to witness the maximum growth as these seeds possess a high content of oil, which leads to increasing demand.

The Market is Geographically divided into:

North America

Europe

Asia-Pacific

Latin America

Middle-East and Africa

North America is the largest market for seed treatment and expected to continue its dominance. Much of the region’s growth comes from the US, which is one of the largest treated seed exporting countries in the world. The seed treatment market is projected to expand in the Asia Pacific due to higher economic growth in the region.

Key Players: