Seed Treatment Market New Global Research on Present State & Future Growth and Analysis Prospects to 2023

Market Analysis:

The global seed treatment market is poised to experience a significant growth at a stellar CAGR during the forecast period (2018-2023). Seed treatment simply put is applying insecticide, fungicide or both. It is used for disinfecting and disinfesting seeds from seed or soil borne pathogenic organisms and also storage insects. Seed treatment are generally used for treating crops such as sunflower, cotton, soybean, barley, rice, wheat, corn and others. It offers a plethora of advantages such as improves germination and prevent seed rotting and plant diseases.

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There are many factors that is driving the growth of the seed treatment market. Some of these factors as per the Market Research Future (MRFR) report include increasing demand for crop protection solution that has low cost, precise targeted application and its impact to attain sustainable agriculture, eco-friendly seed treatment techniques, supportive government policies and regulations, fast-paced urbanization and industrialization, unfavorable soil conditions that leads to damaged seeds and undesirable growth of fungi spores, requirement to conserve indigenous and traditional breeds in some regions, demand for superior quality vegetables and food grain, demand for organic consumables amid health conscious consumers, enhanced crop yield, low cost and soaring price of seeds that are genetically modified. On the contrary factors such as lack of awareness and availability of productivity increasing and better eco-friendly seed treatment methods, low shelf life and difficulty related to their disposition are likely to act as key constraints in the growth of seed treatment market.

Global Key Players:

·         Germains

·         UPL

·         Nufarm

·         INCOTEC

·         Arysta LifeScience

·         Sumitomo Chemical

·         FMC

·         DowDuPont

·         BASF SE

·         Syngenta

·         Monsanto

·         Bayer

Market Segmentation

Market Research Future report offers an all-inclusive segmental analysis of the seed treatment market on the basis of type, active ingredients, application and methods.

Based on type, it is segmented into seed protection, seed disinfection and seed disinfestation. Of these, seed protection will have the largest share in the seed treatment market owing to growing need for effective crop protection pesticides amid farmers for its effective outcomes coupled with limited crop losses against pest attacks.

Based on active ingredients, it is segmented into bactericides, fungicides, insecticides and others.

Based on application, the seed treatment market is segmented into seed pelleting, seed coating and seed dressing.

Based on methods, it is segmented into dry heat treatment, hot water treatment, biological treatment, chemical treatment, physical seed treatment and others. Of these, chemical seed treatment is anticipated to have the largest share in the seed treatment market during the forecast period owing to rising need for insecticides particularly fungicides and neonicotinoids for the seed treatment solutions.

Regional Analysis

Based on region, the seed treatment market covers growth opportunities and latest trends across Asia Pacific, North America, Europe, Latin America and Middle East and Africa. Of these, APAC region will spearhead the seed treatment market due to the existence of agricultural countries within the region. Besides, the growing health awareness amid consumers coupled with changing lifestyle is anticipated to fuel the growth of the market in this region. The seed treatment market in North America will have a significant growth due to massive production of crops namely wheat, soybeans, rice sorghum, peanuts, oats, cotton, corn and barley. The increasing need for organic food products within the European regions is anticipated to fuel the seed treatment market demand here. Latin America is a chief exporter of agricultural and food commodities. In fact, the increase in agricultural productivity is crucial in catering the domestic food requirements or for enhancing or maintaining export competitiveness that will fuel the growth of the market. In the Middle East and Africa, the seed treatment market is likely to grow significantly owing to growing demand for pesticides and agrochemicals.

Feb 2019- Nufarm has acquired Trunemco, a nematode seed treatment. It is a patented combination of biochemical and microorganism that will defend various damaging nematode species.

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