Market Scenario
Global Seed Treatment Market is projected to register a 10.10% CAGR and reach USD 13,814.0 Million by 2025. Seed treatment is a process of applying chemical ingredients or biological products to seeds for protecting crops from seed-borne or soil-borne diseases. Seed treatment provides various benefits to farmers such as early germination of seedling, resulting in the early establishment of the crop. Seed treatment helps to prevent the wastage of injured and diseased seed, as they can be used after subjecting to proper treatment, which is driving the growth of the global seed treatment market.
The global Seed Treatment Products Market is segmented based on the type, application, active ingredients, method, and region.
Among the applications used for seed treatment, seed dressing is the most commonly used procedure due to the low cost and ease of application. These dressings can be applied both at farm and industries. In seed dressing, pesticides can be mixed with seeds or sprinkled over them. The mixing can be done by using low-cost earthen pots, or they can be spread on a polyethylene sheet, and pesticides can be sprinkled over the seed lot. Seed coating requires advanced treatment technology and is therefore carried out at the industry where a special binder is used with a formulation to enhance adherence of the seed. Seed pelleting is the most expensive application and requires specialized machinery and techniques, which are used to change the physical shape of the seed to enhance palatability and handling.
The market is segmented by the active ingredients into insecticides, fungicides, bactericides, and others. The insecticides account for major market share due to the high performance of organophosphates in insect prone regions. Some of the commonly used insecticides are chlorpyrifos, diazinon, lindane, imidacloprid, and others.
Competitive Analysis
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).
Regional 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.
Asia Pacific dominated the market with a major market share in 2017 due to the presence of agricultural driven countries such as India, China, Thailand, Malaysia, and others.
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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