Seed Treatment Market Size, Share, Growth, Trends, and Forecast - 2022

The report "Seed Treatment Market by Type, Application Technique (Coating, Dressing, Pelleting), Function (Seed Protection (Insecticides, Fungicides) and Seed Enhancement), Crop Type (Cereals & Grains, Oilseeds & Pulses), and Region - Global Forecast to 2022", The seed treatment market is projected to grow at a CAGR of 10.82% from an estimated value of USD 6.76 Billion in 2017 to reach USD 11.31 Billion by 2022

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Seed treatment as a low-cost crop protection solution

Seed treatment is one of the most popular chemical crop protection methods available today. It provides better crop establishment, that is, healthy germination and protection against seed-borne and soil-borne diseases at a relatively low cost than spraying, thereby ensuring the salability of the harvest. A relatively small amount of active ingredients is required to protect the seedling against a wide variety of fungal diseases and pests.

With rising concerns regarding crop protection, productivity, and yield, expenses on crop protection have significantly increased. Crop protection is the second-highest expense after fertilizers in farming. These expenses can be reduced through seed treatment as the volumes required are less as compared to foliar or furrow application. Due to the limited seed surface area, not only are the active ingredients required in limited quantities, but also are effective enough to control early seed diseases to a large extent. As compared to surface application of crop protection products, the loss is significantly reduced by 99% with the help of seed treatment.

Also, genetically modified (GM) seeds with target protection against specific pests are found to be more expensive than seed treatment. Hence, seed treatment is a more cost-effective solution than using GM seeds for crop protection in highly regulated GM countries.

Biological seed treatment, by type, is projected to be the fastest-growing segment over the next five years

The adoption of chemicals in seed treatment is decreasing owing to the awareness of the toxicological effects associated with them and the environmental degradation caused by excessive use of these pesticides. A majority of these chemicals have been banned in a few countries across Europe, which affects the global market to a significant extent. Due to the adoption of sustainable agricultural practices in developing and developed countries, biological seed treatment has been gaining importance amongst the farmers, which can be seen from the increasing research & development activities by the key players in this market.

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Significant competition to capitalize on the market potential among international manufacturers in the Asia Pacific and South American regions

The rise in export quality requirements for agricultural products and increasing adoption of integrated pesticide management agricultural practices in countries such as China, India, Brazil, and Argentina are expected to drive the demand for seed treatment among the farmers in the Asia Pacific and South American regions during the forecast period. This would increase the inflow of various international manufacturers to set up their business units and distribution networks, thereby leading to strong market competition.

This report includes a study of marketing and development strategies, along with the product portfolio of leading companies. These companies include Bayer (Germany), Monsanto (US), Syngenta (Switzerland), and BASF (Germany), which are some of the well-established and financially stable players that have been operating in the industry for several years. Other players include Dow AgroSciences (US), DuPont (US), FMC (US), Sumitomo Chemical (Japan), Arysta LifeScience (US), INCOTEC (Netherlands), Nufarm (Australia), UPL (India), and Germains (UK).

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