Market Highlights
Global Seed Treatment Market is Projected to Be Valued at USD 13,814.0 Million by 2025, Expanding at a 10.10% CAGR During the Forecast Period.
The global Seed Treatment Products Market is likely to grow at a notable pace during the forecast period. The demand for seed treatment has been increasing across the globe over the last few years, driving market growth. Seed treatment is a cost-effective approach compared to any other crop protection methods, which is projected to act as a significant driver for the growth of the global seed treatment market. However, unfavorable climatic conditions are expected to restrict the growth of the market. The increasing adoption of organic farming practices in emerging economies offers a lucrative opportunity to seed treatment manufacturers.
Key Players
Prominent Players in the Global Seed Treatment Market include Bayer AG (Germany), Syngenta AG (Switzerland), BASF SE (Germany), Sumitomo Chemical Co., Ltd (Japan), Nufarm (Australia), DuPont de Nemours, Inc. (US), FMC Corporation (US), ADAMA Agricultural Solutions Ltd (China), Croda International Plc (UK), and UPL Limited (India).
Key Findings of the Study
The global seed treatment market is projected to register a growth rate of 10.10% from 2019 to 2025. Surging demand for treated seeds is projected to propel the growth of the global seed treatment market.
By type, the chemical segment is estimated to retain its prominent share by 2025, whereas the non-chemical segment is anticipated to register a higher growth rate of 10.87% during the forecast period.
Segmental Analysis
The seed treatment market has been categorized based on type, application technique, function, crop type, and region.
By type, the global market has been segmented into chemical and non-chemical. The non-chemical segment is further divided into biological and physical. The chemical segment accounted for the larger market share in 2018, while the non-chemical segment is expected to exhibit a higher CAGR during the review period. In chemical seed treatment, fungicides or insecticides are applied to the seeds to control the diseases associated with seeds and seedlings.
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Regional Analysis
By Region, the seed treatment market is divided into North America, Europe, Asia-Pacific, and the rest of the world. North America held the largest share of the seed treatment market in 2018. The region accounted for a 30.17% share of the market in 2018. The seed treatment market in North America, particularly the US, has experienced an extensive structural change and transition in the last few years.
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