Latest Research : Seed Treatment Market Demand In Agriculture Pesticides | Top Prominent Players -Syngenta AG, Bayer Cropscience AG, BASF SE, E.I. DU Pont De Nemours And Company, Monsanto Company .

Surge in demand for commercial seeds drives the growth of the global seed treatment market. Europe contributed the highest share in 2018, and will maintain its dominance throughout the forecast period. During the Covid-19 pandemic, there have been reduced import and export activities across the seed processing countries such as China, the U.S., India, and Germany amid lockdown. This is expected to create huge demand and supply gap.

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According to the report published by Allied Market Research, the global seed treatment market generated $4.8 billion in 2018, and is estimated to reach $9.3 billion by 2026, witnessing a CAGR of 8.1% from 2019 to 2026. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios.

Surge in demand for commercial seeds and growing usage of pesticides across the globe drive the growth of the global seed treatment market. However, low profit margin for key industrial crops hinders the growth of the market. On the other hand, growing application of seed treatment in high value crops is expected to create new growth opportunities for the market players during the forecast period.

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Covid-19 scenario:
• Several major market players have halted testing, processing, and packaging of seeds amid the lockdown.
• During the Covid-19 pandemic, there have been reduced import and export activities across the seed processing countries such as China, the U.S., India, and Germany amid lockdown. This is expected to create huge demand and supply gap.
• The demand-supply gap is expected to be large for high value seeds, especially vegetable and fruit seeds that are processed in the European countries such as Germany, France, and Italy, where the impact of Covid-19 is huge.

The report offers a detailed segmentation of the global seed treatment market based on product, treatment method, crop type, application, and region.

Based on product, the insecticide segment contributed to the largest share in 2018, accounting for more than half of the total share, and is estimated to maintain its dominant position during the forecast period. However, the bio-control segment is estimated to portray the highest CAGR during the forecast period.

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Based on crop type, the cereals & grains segment accounted for the largest share in 2018, and is estimated to maintain its dominant position during the forecast period. This is due to huge production of grains such as rice, wheat, and corn across the globe.

Based on region, Europe contributed the highest share, accounting for nearly one-third of the total market share in 2018, and will maintain its dominance throughout the forecast period. However, LAMEA is expected to grow at the highest CAGR of 9.5% from 2019 to 2026.

Leading market players analyzed in the research include Syngenta AG, Bayer Cropscience AG, BASF SE, E.I. DU Pont De Nemours And Company, Monsanto Company, Chemtura Corporation, Nufarm Limited, Novozymes A/S, Sumitomo Chemical Company Limited, and Valent U.S.A. Corporation.

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Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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