The expanding domain of precision farming and a surge in seed-related ailments create a robust market for seed treatment manufacturers. With its cost-saving farming operations and seed germination rates, seed treatment practices are progressively incorporated in agricultural routines.
Major seed treatment industry leaders are diversifying their products and forming strategic alliances to bolster their market influence. For instance, Bayer CropScience, a top agricultural solutions provider, introduced Saltro, a new seed treatment product with broad-spectrum pathogen protection.
Bio-based seed treatments are gaining traction as they offer effective protection against pests and diseases while minimizing environmental impact. Additionally, the integration of precision agriculture techniques is enabling targeted seed treatment applications, optimizing resource utilization and enhancing crop yields.
As per the BIS Research report, the seed treatment market was valued at $7.92 billion in 2021, which is expected to reach $13.58 billion by 2027 with a CAGR of 9.43%.
Anticipated expansion in the worldwide seed treatment market can be attributed to the rising prevalence of seed and soil-borne diseases, with an increasing demand for treated seeds.
The seed treatment market is further segmented by application technique, crop type, product type, formulation, function, and region.
Seed Coating: Involves applying a protective coating to the seed surface, often containing chemical or biological agents.
Seed Dressing: Involves applying a liquid or powder formulation directly to the seed surface.
Seed Pelleting: Involves encapsulating seeds in a protective pellet, often incorporating beneficial additives.
In the application technique category of the global seed treatment market, it is foreseen that seed coating will take the lead. Seed coating application techniques are prevalent in developing countries, where mass-produced treated seeds are widely employed.
Cereals & Grains: This segment covers treatments for major cereal crops like wheat, corn, rice, barley, and sorghum.
Oilseeds: This segment includes treatments for oil-producing crops like soybean, canola, sunflower, and safflower.
Fruits & Vegetables: This segment encompasses treatments for a wide variety of fruits and vegetables, including Solanaceae, Cucurbits, Brassicas, leafy vegetables, and root vegetables.
Other Crop Types: This segment includes treatments for turf, forages, alfalfa, flower seeds, and other specialized crops.
The crop type poised to dominate the global seed treatment market is anticipated to be cereals and grains, encompassing crops such as rice, wheat, corn, sorghum, and barley. The increasing demand for cereals and grains, coupled with a heightened awareness of treated cereal and grain seeds, is expected to propel the seed treatment market.
Chemical Seed Treatment: This segment encompasses treatments that utilize chemical compounds to protect seeds from pests, diseases, and other threats.
Non-Chemical Seed Treatment: This segment includes biological and bio stimulant treatments that promote seed health and vigor using natural or organic substances.
Chemical seed treatment stands as the dominant segment in the global seed treatment market. This category encompasses insecticides, fungicides, nematicides, fertilizers, plant growth enhancers, or combinations of crop protection agents. The global chemical seed treatment market is being propelled by the increasing demand for high-value insecticide and fungicide treatment products.
North America - U.S., Canada, and Mexico
Europe - Germany, France, Italy, Spain, Netherlands, and Rest-of-Europe
China
U.K.
Asia-Pacific and Japan - Japan, India, Australia, Malaysia, and Rest-of-Asia-Pacific and Japan
South America - Brazil, Argentina, Rest-of-South America
Middle East and Africa - South Africa, Middle East, Kenya, and Rest-of-Middle East and Africa
North America, in 2021 led with the highest revenue of $2.41 billion, a reflection of the region's emphasis on research and development as well as favorable government regulations. North America holds strong allure for the biological seed treatment market due to the rising consumer demand for organic food and the adoption of precision farming practices.
To successfully navigate the dynamic seed treatment market, providers must prioritize innovation, sustainability, and data-driven decision-making. By aligning their strategies with these key trends, they can effectively capitalize on the burgeoning opportunities in this billion-dollar industry.
