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.
The global seed treatment market is poised to experience a significant growth at a stellar CAGR during the forecast period (2018-2023).
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.
Seed Treatment Market Segmentation:
The global seed treatment market has been segmented based on type, application, active ingredients, and methods.
By type, the global seed treatment market has been segmented into seed disinfection, seed disinfestation, and seed protection.
By application, the global seed treatment market has been segmented into seed dressing, seed coating, and seed pelleting.
By active ingredients, the global seed treatment market has been segmented into insecticides, fungicides, bactericides, and others.
By method, the global seed treatment market has been segmented into physical seed treatment, chemical treatment, biological treatment, hot water treatment, dry heat treatment, and others.
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Top Players:
Some of the manufacturers operating in the global seed treatment market are Bayer (Germany), Monsanto (U.S.), Syngenta (Switzerland), BASF SE (Germany), DowDuPont (U.S.), FMC (U.S.), Sumitomo Chemical (Japan), Arysta LifeScience (U.S.), INCOTEC (Netherlands), Nufarm (Australia), UPL (India), and Germains (U.K).
Recent Industry Updates:
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.
Dec 2018 – BASF, a German chemical company showcased its new seed treatment Vault IP Plus seed treatment and Obvius Plus at the ASTA 2018 CSS and Seed Expo.
TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Active Ingredients
3.2 Secondary Research
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Geographical Analysis:
Regionally, the global seed treatment market is segmented into five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.
APAC dominated the global seed treatment market due to the presence of agriculture dominated economies in the region. Additionally, increasing health awareness amongst the consumers and high demand for better quality food products in the region supports the growth of the market.
North America accounted for the second largest market share due to the extensive production of crops such as barley, corn, cotton, oats, peanuts, rice sorghum, soybeans, and wheat in this region.
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The European region is likely to witness a significant growth owing to the rising demand for organic food products to drive the demand for seed treatment in the region.
Latin America is a major food and agricultural commodity exporter. The region has seen a surge in agricultural productivity which is anticipated to boost the growth of the Latin America market.
Growing demand for agrochemicals and pesticides in the Middle East & Africa is expected to aid market growth in the MEA region.
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