Seed Treatment Market size worth $ 11.45 Billion, Globally, by 2028 at 6.68% CAGR: Verified Market Research®

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Global Seed Treatment Market Overview

In terms of seed coating and achieving crop efficiency at the early seedling stage, the Seed Treatment Market has seen great progress in terms of product development. Seed treatment products not only protect seeds but also act as seed enhancers, increasing crop production. The primary goal of the early seed treatment was to prevent certain soil illnesses that hampered seed performance. In addition, seed treatments with a combination of insecticides, fungicides, and inoculants now have a broad spectrum of protection against insects, diseases, and nematodes, thanks to advances with diverse formulations and active components. Seed treatment plays a vital role in protecting the seeds and seedlings from seed and soil-borne illnesses and insect pests impacting crop emergence and growth.

Successful extension techniques, such as making appropriate chemical pesticides/bio-pesticides and equipment available to farmers and teaching them on seed treatment, post-treatment seed care, and planting materials, are necessary for farmer acceptance of this approach. Seed treatment is advantageous to both the seeds and the soil. It can the ability to suppress soil insects while also providing much-needed nutrients and beneficial microbes that promote plant growth.

Due to a rise in regulatory difficulties connected to fumigation and foliar pesticide application, farmers are increasingly considering seed treatment as a way to protect their investments in high-quality seeds. Furthermore, because of increased demand for high-quality seeds with desirable agronomic features, seed prices are likely to rise.

Seed treatment treatments provide initial protection for genetically modified seeds. The seed part of overall operating expenditures for maize has climbed from roughly 28 percent to 32 percent in the last seven years. Despite a 2% decrease in maize operating expenses between 2015 and 2016, the seed cost share of corn grew by 2%. Smuts and seedling-blight diseases in wheat, barley, oats, and other crops are managed by seed treatment fungicides, which help to destroy the infections inside the seed during germination, as per the National Association of State Agriculture Departments.

Key Developments

·  March 2019, Routine Start, Bayer CropScience's first dry rice seed treatment, was launched in the Chinese market and is effective against rice blast and rice bakanae disease.

·  August 2018, Bayer AG sold a variety of businesses and assets to BASF SE (Germany). Crop protection, biotech, and digital farming activities would all benefit from this transaction.

Key Players

The major players in the market are Bayer, Syngenta, DOW Agrosciences, Monsanto, Arysta Lifescience, BASF, Nufarm, Dupont, FMC, Sumitomo Chemical.

Verified Market Research has segmented the Global Seed Treatment Market On the basis of Type, Function, Crop Type, Application, and Geography.

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