Seed Treatment Fungicides Market Forecasts to 2030 – Global Analysis By Crop Type (Wheat, Soybeans, Cotton, Canola, Vegetables, Fruits and Other Crop Types), Fungicide Type, Formulation, Application, End User and By Geography

Seed Treatment Fungicides Market Forecasts to 2030 – Global Analysis By Crop Type (Wheat, Soybeans, Cotton, Canola, Vegetables, Fruits and Other Crop Types), Fungicide Type, Formulation, Application, End User and By Geography


According to Stratistics MRC, the Global Seed Treatment Fungicides Market is accounted for $6.58 billion in 2023 and is expected to reach $13.48 billion by 2030 growing at a CAGR of 10.3% during the forecast period. Seed treatment fungicides are chemical substances applied to seeds to protect them from fungal diseases during germination and early growth stages. These fungicides are formulated to control a wide range of fungal pathogens that can attack seeds or seedlings in the soil. They are typically applied as coatings, dressings, or pelleting agents directly onto the seed surface or incorporated into seed coatings. Seed treatment fungicides play a crucial role in safeguarding seeds and ensuring healthy plant establishment, thereby contributing to improved crop yields and overall agricultural productivity.

According to CropLife India, food crops are damaged by more than 10,000 species of insects, 30,000 species of weeds, 100,000 diseases, and 1,000 species of nematodes globally.

Market Dynamics:

Driver:

Expansion of commercial agriculture

As farming operations scale up to meet the demands of a growing population, there's a greater need to ensure crop health and maximize yields. Seed treatment fungicides offer a cost-effective and efficient means of protecting seeds from fungal diseases, thereby enhancing germination rates and overall crop productivity. This increased adoption is particularly evident in emerging economies where commercial agriculture is expanding rapidly, driving market growth for seed treatment fungicides.

Restraint:

Environmental concerns

Environmental concerns regarding seed treatment fungicides primarily revolve around their potential impacts on non-target organisms, water quality, and ecosystem health. Chemical runoff from treated seeds can contaminate waterways, harming aquatic life and disrupting fragile ecosystems. Additionally, the accumulation of fungicide residues in soil may lead to long-term environmental degradation. This element hinders market growth by limiting product availability and increases development costs.

Opportunity:

Advancements in seed treatment technologies

Innovations such as controlled-release formulations, encapsulation techniques, and nanotechnology enable more efficient delivery of fungicidal agents, enhancing their effectiveness and durability. Moreover, developments in biological seed treatments harness the power of naturally occurring organisms to combat fungal pathogens, offering eco-friendly alternatives to chemical fungicides. These technological advancements not only improve crop protection outcomes but also address environmental concerns and regulatory requirements, driving adoption rates and market expansion within the agricultural sector.

Threat:

High initial investments

High initial investments in seed treatment fungicides primarily stem from the need for specialized equipment, such as seed treatment applicators, and the cost of purchasing fungicidal products. This investment requirement poses a barrier to adoption, particularly for small-scale farmers and those in resource-limited regions. The upfront costs can strain budgets and deter farmers from investing in seed treatment fungicides, opting instead for cheaper alternatives or foregoing crop protection altogether.

Covid-19 Impact

The covid-19 pandemic initially disrupted the seed treatment fungicides market due to supply chain disruptions, labor shortages, and logistical challenges. However, the agricultural sector proved resilient, and demand for seed treatment fungicides rebounded as farmers sought to protect their crops and ensure food security. The pandemic highlighted the importance of agricultural technologies, leading to increased investments in research and development within the sector. Additionally, changing consumer behaviours and a renewed focus on sustainability drives further innovation and adoption of eco-friendly seed treatment solutions in the post-pandemic landscape, shaping the market's future trajectory.

The liquid formulations segment is expected to be the largest during the forecast period

The liquid formulations segment is estimated to have a lucrative growth. Liquid formulations provide uniform coverage, ensuring consistent protection against fungal diseases across all treated seeds. Liquid fungicides also allow for easier application and mixing, reducing handling complexity for farmers and applicators. Moreover, liquid formulations often exhibit improved compatibility with seed coatings and treatments, enhancing overall efficacy and seed quality.

The seed coating segment is expected to have the highest CAGR during the forecast period

The seed coating segment is anticipated to witness the highest CAGR growth during the forecast period. Seed treatment fungicides in seed coating applications offer a targeted and efficient method of protecting seeds from fungal diseases during germination and early growth stages. By incorporating fungicidal agents directly onto seed surfaces, seed coating ensures uniform distribution and maximum efficacy while minimizing environmental impact. This approach not only simplifies application processes for farmers but also contributes to sustainable agriculture practices by reducing chemical usage and optimizing resource efficiency.

Region with largest share:

Asia Pacific is projected to hold the largest market share during the forecast period driven by expanding agricultural activities, rising demand for high-quality seeds, and increasing awareness about crop protection measures. With a large agricultural sector and diverse climatic conditions, countries in this region face significant challenges from fungal diseases, driving the need for effective seed treatment solutions. Government initiatives to promote modern agricultural practices and ensure food security further stimulate market growth.

Region with highest CAGR:

Europe is projected to have the highest CAGR over the forecast period, owing to the region’s stringent regulations. The region's modern agricultural practices, coupled with a growing emphasis on organic farming, contribute to the demand for eco-friendly seed treatment options. Moreover, the increasing adoption of precision farming techniques and advancements in seed coating technologies further propel market growth. These factors collectively shape a dynamic landscape for seed treatment fungicides in Europe.

Key players in the market

Some of the key players profiled in the Seed Treatment Fungicides Market include Bayer CropScience, Syngenta AG, BASF SE, Corteva Agriscience, FMC Corporation, Sumitomo Chemical Corporation, Nufarm Limited, UPL Limited, ADAMA Agricultural Solutions Limited, Isagro S.p.A., Marrone Bio Innovations Inc., Valent Biosciences Corporation, Certis USA LLC, Albaugh LLC.

Key Developments:

In March 2024, Sumitomo Chemical launched Plust FS, a fungicide for seed treatment at the 27th Summer Technology Show in Brazil. The fungicide is a concentrated suspension of two active ingredients, Thiophanate-methyl and Fluazinam, and is registered for use on soybeans, corn, wheat, rice, and beans. The manufacturer claims that Plust provides excellent plant development and has protective, curative, and systemic effects with a low risk of resistance.

In October 2023, Corteva made the commercial launch of Straxan™ fungicide seed treatment in Canada, bringing farmers a new, ready-to-use and easy-to-apply formulation that targets prominent seed and soil-borne cereal diseases. Straxan fungicide seed treatment provides advanced protection against early season diseases – such as Fusarium species, Rhizoctonia, true loose smut and more – to help maximize crop stand establishment and yield potential.

Crop Types Covered:
• Wheat
• Soybeans
• Cotton
• Canola
• Vegetables
• Fruits
• Other Crop Types

Fungicide Types Covered:
• Triazoles
• Benzimidazoles
• Dithiocarbamates
• Phenylamides
• Other Fungicide Types

Formulations Covered:
• Liquid Formulation
• Dry Formulation

Applications Covered:
• Seed Coating
• Seed Dressing
• Seed Pelleting
• Seed Imbibition
• Other Applications

End Users Covered:
• Agriculture
• Horticulture
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Seed Treatment Fungicides Market, By Crop Type
5.1 Introduction
5.2 Wheat
5.3 Soybeans
5.4 Cotton
5.5 Canola
5.6 Vegetables
5.7 Fruits
5.8 Other Crop Types
6 Global Seed Treatment Fungicides Market, By Fungicide Type
6.1 Introduction
6.2 Triazoles
6.3 Benzimidazoles
6.4 Dithiocarbamates
6.5 Phenylamides
6.6 Other Fungicide Types
7 Global Seed Treatment Fungicides Market, By Formulation
7.1 Introduction
7.2 Liquid Formulation
7.3 Dry Formulation
8 Global Seed Treatment Fungicides Market, By Application
8.1 Introduction
8.2 Seed Coating
8.3 Seed Dressing
8.4 Seed Pelleting
8.5 Seed Imbibition
8.6 Other Applications
9 Global Seed Treatment Fungicides Market, By End User
9.1 Introduction
9.2 Agriculture
9.3 Horticulture
9.4 Other End Users
10 Global Seed Treatment Fungicides Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Bayer CropScience
12.2 Syngenta AG
12.3 BASF SE
12.4 Corteva Agriscience
12.5 FMC Corporation
12.6 Sumitomo Chemical Corporation
12.7 Nufarm Limited
12.8 UPL Limited
12.9 ADAMA Agricultural Solutions Limited
12.10 Isagro S.p.A.
12.11 Marrone Bio Innovations Inc.
12.12 Valent Biosciences Corporation
12.13 Certis USA LLC
12.14 Albaugh LLC
List of Tables
Table 1 Global Seed Treatment Fungicides Market Outlook, By Region (2021-2030) ($MN)
Table 2 Global Seed Treatment Fungicides Market Outlook, By Crop Type (2021-2030) ($MN)
Table 3 Global Seed Treatment Fungicides Market Outlook, By Wheat (2021-2030) ($MN)
Table 4 Global Seed Treatment Fungicides Market Outlook, By Soybeans (2021-2030) ($MN)
Table 5 Global Seed Treatment Fungicides Market Outlook, By Cotton (2021-2030) ($MN)
Table 6 Global Seed Treatment Fungicides Market Outlook, By Canola (2021-2030) ($MN)
Table 7 Global Seed Treatment Fungicides Market Outlook, By Vegetables (2021-2030) ($MN)
Table 8 Global Seed Treatment Fungicides Market Outlook, By Fruits (2021-2030) ($MN)
Table 9 Global Seed Treatment Fungicides Market Outlook, By Other Crop Types (2021-2030) ($MN)
Table 10 Global Seed Treatment Fungicides Market Outlook, By Fungicide Type (2021-2030) ($MN)
Table 11 Global Seed Treatment Fungicides Market Outlook, By Triazoles (2021-2030) ($MN)
Table 12 Global Seed Treatment Fungicides Market Outlook, By Benzimidazoles (2021-2030) ($MN)
Table 13 Global Seed Treatment Fungicides Market Outlook, By Dithiocarbamates (2021-2030) ($MN)
Table 14 Global Seed Treatment Fungicides Market Outlook, By Phenylamides (2021-2030) ($MN)
Table 15 Global Seed Treatment Fungicides Market Outlook, By Other Fungicide Types (2021-2030) ($MN)
Table 16 Global Seed Treatment Fungicides Market Outlook, By Formulation (2021-2030) ($MN)
Table 17 Global Seed Treatment Fungicides Market Outlook, By Liquid Formulation (2021-2030) ($MN)
Table 18 Global Seed Treatment Fungicides Market Outlook, By Dry Formulation (2021-2030) ($MN)
Table 19 Global Seed Treatment Fungicides Market Outlook, By Application (2021-2030) ($MN)
Table 20 Global Seed Treatment Fungicides Market Outlook, By Seed Coating (2021-2030) ($MN)
Table 21 Global Seed Treatment Fungicides Market Outlook, By Seed Dressing (2021-2030) ($MN)
Table 22 Global Seed Treatment Fungicides Market Outlook, By Seed Pelleting (2021-2030) ($MN)
Table 23 Global Seed Treatment Fungicides Market Outlook, By Seed Imbibition (2021-2030) ($MN)
Table 24 Global Seed Treatment Fungicides Market Outlook, By Other Applications (2021-2030) ($MN)
Table 25 Global Seed Treatment Fungicides Market Outlook, By End User (2021-2030) ($MN)
Table 26 Global Seed Treatment Fungicides Market Outlook, By Agriculture (2021-2030) ($MN)
Table 27 Global Seed Treatment Fungicides Market Outlook, By Horticulture (2021-2030) ($MN)
Table 28 Global Seed Treatment Fungicides Market Outlook, By Other End Users (2021-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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