Press release
Asia Pacific Is Expected To Gain Strong in the Global Seed Treatment Market
The increasing adoption of pest management practices among farmers is primarily fueling the growth of the seed treatment market. The increasing prevalence of soil-borne infections and diseases coupled with the growing need for reducing germination time is also projected to augment the growth of the market. According to the World Health Organization, more than 1.5 billion people, or 24% of the world's population, are infected with soil-transmitted helminth infections worldwide. The increasing population is creating concern over food security which is boosting the demand for enhanced crop productivity. This is further projected to augment the growth of the seed treatment market.1. In July 2020, Advanced Biological Marketing (ABM) announces the launch of metabolite, derived from Trichoderma and has consistently provided increased yields in numerous field trials. This novel product is ABM’s first non-living biological seed treatment.
2. In October 2019, BASF’s launched a new fungicide seed treatment, ILeVO®. It has registered and available to Australian canola growers. ILeVO is a highly effective seed treatment for the management of blackleg in canola.
3. In September 2020, Valent U.S.A. has launched the Zeltera Rice System, a seed treatment package that provides both above- and below-ground protection for rice seeds in the South and Mid-South production regions
4. In October 2020, BASF has announced the launch of three new products in its soybean seed treatment portfolio: Vault IP Plus seed treatment, Poncho XC seed treatment, and Relenya seed treatment, all are registered by the U.S. Environmental Protection Agency (EPA).
The global seed treatment market size is expected to reach USD 13.46 billion by 2025, exhibiting a CAGR of 12.19% during the forecast period.
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List of the Leading Companies Profiled in the Global Seed Treatment Market are:
Bayer CropScience
Syngenta AG
BASF
DowDupont
FMC Corporation
Arysta LifeScience
Adama Agricultural Solutions
Sumitomo Chemicals
Incotec
Nufarm
Other players
In horticulture and agriculture, seed treatment or seed washing is mechanical, usually mechanical, with which seed treatment is applied before sowing. The normal cost of seed treatment for one bushel of sown seeds is around forty dollars per bushel. Most nurseries have sales on selected seeds that are available in seed treatment form. The cost of seed treatment depends on the size of the seed, the type of treatment, the area for which the seed treatment is being sold, and whether or not the seeds are for indoors or outdoors.
Report Coverage: Historical, Current and Future Market Trends
Market Breakup by Type:
Chemical Seed Treatment
Non-Chemical Seed treatment
Market Breakup by Application Technique:
Seed Coating
Seed Dressing
Seed Pelleting
Others
Market Breakup by Crop Type:
Corn/Maize
Soybean
Wheat
Rice
Cotton
Others
Market Breakup by Function:
Seed Protection
Seed Enhancement
Others
The Asia Pacific is projected to dominate the global seed treatment market over the forecast period and this is attributed to the increasing demand for seed treatment from the agriculture industry. The region is accounted for the high food grain production. According to the India Brand Equity Foundation, during the 2019-20 crop year, food grain production was estimated to reach a record 295.67 million tons (MT). In 2020-21, the Government of India is targeting food grain production of 298 MT.
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