IMARC Group, a leading market research company, has released a report titled “Seed Treatment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“. The global seed treatment market size reached US$ 8.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 13.0 Billion by 2028, exhibiting a growth rate (CAGR) of 8.1% during 2023-2028.
Seed treatment involves applying chemical or biological agents to seeds before planting to enhance their performance. The primary goal is to protect seeds from diseases, pests, and unfavorable environmental conditions while improving germination rates and seedling vigor. Some common seed treatment solutions include fungicides, insecticides, and growth regulators. They usually come in various forms, such as coatings, dressings, or pellets. Seed treatment is particularly important in agriculture, where it can significantly impact crop yield and quality. It offers a targeted approach to pest and disease management, reducing the need for extensive spraying of pesticides on growing plants. Currently, seed treatment is gaining immense traction across the globe due to its ability to improve crop yields while minimizing environmental impact through targeted pest and disease management.
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Seed Treatment Market Trends and Drivers:
The global seed treatment market is primarily driven by the rising need for higher agricultural yields to meet the food demands of a growing global population. Seed treatments improve seed performance, enhancing germination rates and protecting against pests and diseases, thereby increasing productivity. Moreover, the heightened focus on sustainable agriculture has accelerated the adoption of seed treatment that allows for targeted application of pesticides and fungicides, reducing the overall environmental impact. Additionally, rapid technological advancements, such as the development of new chemical formulations and biological treatments, that expand the capabilities of seed treatments, offering a broader range of solutions for different crop types, is propelling market growth. Furthermore, increasing regulatory support in numerous countries that encourages the adoption of safe and effective seed treatment methods is contributing to market growth.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Type:
Chemical Seed Treatment
Non-Chemical Seed treatment
Breakup by Application Technique:
Seed Coating
Seed Dressing
Seed Pelleting
Others
Breakup by Crop Type:
Corn/Maize
Soybean
Wheat
Rice
Cotton
Others
Breakup by Function:
Seed Protection
Seed Enhancement
Others
Market Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Competitive Landscape with Key Player:
Bayer
Syngenta
BASF
DOW Agrosciences
Dupont
Nufarm
FMC
Arysta Lifescience
Sumitomo Chemical
UPL
Incotec
Germains
Advanced Biological Marketing Inc
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