Seed Treatment Market Size - By Type, By Application Technique, By Function, By Crop Type - Regional Outlook, Competitive Strategies and Segment Forecast to 2032
Global Seed Treatment Market Overview
According to SPER Market Research, the Global Seed Treatment Market is estimated to reach USD 13.82 billion by 2032 with a CAGR of 8.52%.The expansion of the market is anticipated to be driven by improvements in seed treatment technology, greater government backing, and a rise in farmer demand for high-quality seeds. Due to growing regulatory concerns around fumigation and the foliar application of pesticides, farmers are more and more seriously considering seed treatment as a way to safeguard investments made in high-quality seeds. Thus, the global sales of seed treatment chemicals are being driven by farmers' growing understanding.
Impact of COVID-19 on the Global Seed Treatment MarketThe COVID-19 pandemic has forced unheard-of lockdowns worldwide, stifling regular business operations and altering customer behavior in practically every sector. Fortunately, due mostly to transportation limitations, it had little effect on the need for seed care, which was good news for the worldwide seed treatment industry. The government cannot impose lockdowns or other restrictions on any kind of agricultural business. Due to farmers' panicked purchasing, the agrochemical businesses saw double-digit profits growth from the previous year. Businesses kept enough inventory on hand to allow farmers to purchase seed treatment goods as needed.
Scope of the Report:Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered
By Type, By Application Technique, By Function, By Crop Type
Regions covered Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
Companies Covered ADAMA Agricultural Solutions Ltd, BASF SE, Bayer AG, Croda International Plc., DuPont de Nemours Inc., FMC Corporation, Nufarm, Sumitomo Chemicals Co. Ltd, Syngenta Ag, UPL Limited
Global Seed Treatment Market Segmentation:By Type: Based on the Type, Global Seed Treatment Market is segmented as; Chemical, Non-Chemical
By Application Technique: Based on the Application Technique, Global Seed Treatment Market is segmented as; Dressing, Coating, Pelleting, Others
By Crop Type: Based on the Crop Type Global Seed Treatment Market is segmented as; Cereals & Grains, Oilseed & Pulses, Fruits & Pulses, Others