Global Seed Treatment Market - 2023-230
The global seed treatment market reached US$ 7,247 million in 2022 and is projected to witness lucrative growth by reaching up to US$ 13,464 million by 2030. The market is expected to exhibit a CAGR of 8.1% during the forecast period (2023-2030).
The seed treatment market is growing because of the rising demand for food due to the growing global population. With the increasing demand for food, farmers are looking for ways to increase their crop yields and protect their crops from pests and diseases. In addition, there is a growing trend towards sustainable agriculture, which has led to increased use of seed treatment products that are environmentally friendly and reduce the need for other forms of crop protection.
Market Dynamics
The growing need to boost crop yield is driving the growth of the seed treatment market
The growing need to boost crop yields is one of the major factors driving the growth of the seed treatment market. According to Worldometer, there are 8 billion people on this earth. As the global population continues to grow, there is an increasing demand for food production. However, limited arable land and changing weather patterns have put pressure on farmers to increase crop yields to meet the demand. Seed treatment provides an effective solution to this problem by enhancing the quality and quantity of crops, leading to higher yields and better profits for farmers. Hence, the growing need to boost crop yield is fueling the growth of the seed treatment industry.
COVID-19 Impact Analysis
The commercial adoption of seed treatment witnessed promising growth before the pandemic, especially in Asia-Pacific and Africa. Local and multinational agricultural companies were expanding their commercial operations to cater to growing demand from emerging regions. The COVID-19 pandemic has had a significant impact on the global seed treatment market, affecting both supply and demand. For instance, as a result of the COVID-19 pandemic's onset in 2020, agricultural production in India decreased by 2.7%, according to the National Bank for Agriculture and Rural Development (NABARD).
Segment Analysis
The global seed treatment market is segmented based on origin, function, application, crop type, and region.
Need for seed treatment in grains & cereals production
Based on crop type, the seed treatment market is classified into turf & ornamental, oil crops & pulses, fruits & vegetables, grain & cereals, and others.
The grains & cereals segment in the global seed treatment market was valued at US$ 2,384.5 million in 2022 and are estimated to grow at a CAGR of 8.1% over the forecast period. Grains and cereals are among the most widely cultivated crops in the world. For instance, according to World Bank, over 2,500 million tons of cereal are produced annually across the world. Seed treatment is a critical aspect of their production. Seed treatment helps to protect the seeds from diseases and pests, enhances seed germination and establishment, and promotes overall plant growth and development.
Geographical Analysis
The growing popularity of agriculture in the Europe region
The Europe seed treatment market was valued at US$ 1,859.7 million in 2022. Europe has the major share in the treatment market, with Spain having the largest market, followed by France, Germany, and Russia. The growing popularity of agriculture in the region and the need for higher-quality seeds are the primary drivers of market expansion. Seed treatments are required in major crops such as cereals (corn, barley, etc.) and fodder plants (alfalfa, clover, rapeseed, etc.) to prevent anthrax diseases such as decay and bare smut.
Competitive Landscape
The major global players include BASF SE, Bayer AG, Syngenta AG, Corteva, Inc., Sumitomo Chemical Co., Ltd, Solvay SA, The Dow Chemical Company, Croda, Nufarm Limited, and Crystal Crop Protection Ltd.
Why Purchase the Report?
• To visualize the global seed treatment- market segmentation based on origin, function, application, crop type, and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous seed treatment market-level data points all for segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.
The global seed treatment market report would provide approximately 69 tables, 67 figures and 102 pages.
Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies
- 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Objective and Scope of the Report
- 2. Definition and Overview
- 3. Executive Summary
- 3.1. Snippet by Origin
- 3.2. Snippet by Function
- 3.3. Snippet by Application
- 3.4. Snippet by Crop Type
- 3.5. Snippet by Region
- 4. Dynamics
- 4.1. Impacting Factors
- 4.1.1. Drivers
- 4.1.1.1. Growing need to boost crop yield
- 4.1.2. Restraints
- 4.1.2.1. Infrastructure limitations
- 4.1.3. Opportunity
- 4.1.3.1. Increasing focus on sustainability
- 4.1.4. Impact Analysis
- 5. Industry Analysis
- 5.1. Porter's Five Forces Analysis
- 5.2. Supply Chain Analysis
- 5.3. Pricing Analysis
- 5.4. Regulatory Analysis
- 6. COVID-19 Analysis
- 6.1. Analysis of COVID-19
- 6.1.1. Before COVID-19 Scenario
- 6.1.2. Present COVID-19 Scenario
- 6.1.3. Post COVID-19 or Future Scenario
- 6.2. Pricing Dynamics Amid COVID-19
- 6.3. Demand-Supply Spectrum
- 6.4. Government Initiatives Related to the Market During Pandemic
- 6.5. Manufacturers Strategic Initiatives
- 6.6. Conclusion
- 7. By Origin
- 7.1. Introduction
- 7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Origin
- 7.1.2. Market Attractiveness Index, By Origin
- 7.2. Chemical Seed Treatment*
- 7.2.1. Introduction
- 7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 7.3. Bio-Chemical Seed Treatment
- 8. By Function
- 8.1. Introduction
- 8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Function
- 8.1.2. Market Attractiveness Index, By Function
- 8.2. Crop Protection*
- 8.2.1. Introduction
- 8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 8.3. Seed Enhancement
- 9. By Application
- 9.1. Introduction
- 9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 9.1.2. Market Attractiveness Index, By Application
- 9.2. Seed Pelleting*
- 9.2.1. Introduction
- 9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 9.3. Seed Dressing
- 9.4. Seed Coating
- 10. By Crop Type
- 10.1. Introduction
- 10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Crop Type
- 10.1.2. Market Attractiveness Index, By Crop Type
- 10.2. Turf & Ornamental*
- 10.2.1. Introduction
- 10.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 10.3. Oil Crops & Pulses
- 10.4. Fruits & Vegetables
- 10.5. Grains & Cereals
- 10.6. Others
- 11. By Region
- 11.1. Introduction
- 11.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
- 11.1.2. Market Attractiveness Index, By Region
- 11.2. North America
- 11.2.1. Introduction
- 11.2.2. Key Region-Specific Dynamics
- 11.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Origin
- 11.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Function
- 11.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 11.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Crop Type
- 11.2.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 11.2.7.1. The U.S.
- 11.2.7.2. Canada
- 11.2.7.3. Mexico
- 11.3. Europe
- 11.3.1. Introduction
- 11.3.2. Key Region-Specific Dynamics
- 11.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Origin
- 11.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Function
- 11.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 11.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Crop Type
- 11.3.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 11.3.7.1. Germany
- 11.3.7.2. The U.K.
- 11.3.7.3. France
- 11.3.7.4. Italy
- 11.3.7.5. Spain
- 11.3.7.6. Rest of Europe
- 11.4. South America
- 11.4.1. Introduction
- 11.4.2. Key Region-Specific Dynamics
- 11.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Origin
- 11.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Function
- 11.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 11.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Crop Type
- 11.4.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 11.4.7.1. Brazil
- 11.4.7.2. Argentina
- 11.4.7.3. Rest of South America
- 11.5. Asia-Pacific
- 11.5.1. Introduction
- 11.5.2. Key Region-Specific Dynamics
- 11.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Origin
- 11.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Function
- 11.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 11.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Crop Type
- 11.5.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 11.5.7.1. China
- 11.5.7.2. India
- 11.5.7.3. Japan
- 11.5.7.4. Australia
- 11.5.7.5. Rest of Asia-Pacific
- 11.6. Middle East and Africa
- 11.6.1. Introduction
- 11.6.2. Key Region-Specific Dynamics
- 11.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Origin
- 11.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Function
- 11.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 11.6.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Crop Type
- 12. Competitive Landscape
- 12.1. Competitive Scenario
- 12.2. Market Positioning/Share Analysis
- 12.3. Mergers and Acquisitions Analysis
- 13. Company Profiles
- 13.1. BASF SE*
- 13.1.1. Company Overview
- 13.1.2. Product Portfolio and Description
- 13.1.3. Financial Overview
- 13.1.4. Key Developments
- 13.2. Bayer AG
- 13.3. Syngenta AG
- 13.4. Corteva, Inc.
- 13.5. Sumitomo Chemicals Co., Ltd
- 13.6. Solvay SA
- 13.7. Dow
- 13.8. Croda
- 13.9. Nufarm Limited
- 13.10. Crystal Crop Protection Ltd
- LIST NOT EXHAUSTIVE
- 14. Appendix
- 14.1. About Us and Services
- 14.2. Contact Us
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