Seed Treatment Market : Information by Product Type (Chemical Seed Treatment, Non-Chemical Seed Treatment), Crop Type, Application (Seed Coating, Seed Dressing)—Forecast Till 2026

Seed treatment protects crops from a wide range of crop-destroying pests, and it also ensures protection against soil-borne pathogens and insects. Moreover, they are found to be essential for corn crops. Increasing crop improvement and demand for high-quality seeds from the agriculture sector are vital factors promoting the seed treatment market. With increasing population, the demand for food, fuel, and feed is rising rapidly. It is estimated that by 2050, the demand for food will increase by 70% globally, the UN. In addition, corn utilization in agriculture has increased the demand for ethanol production in the U.S., for instance, the U.S. is responsible for 56% of world’s ethanol production in 2018, the Renewable Fuels Association.

Global seed treatment market is accounted for around USD 6,500 million in 2017 and is expected to grow at a CAGR of 12.6% during the forecast period, 2019–2026.

Segmental Insights

Global seed treatment market is segmented by type, crop type, function, and application technique.

By type, the market is segmented into chemical seed treatment and non-chemical seed treatment. Chemical seed treatment is anticipated to lead the market during the forecast period as a result of increasing demand for insecticides.

Request For Sample Report : https://straitsresearch.com/report/seed-treatment-market/request-sample

By crop type, seed treatment market is segmented into cereals & grains, and oilseeds & pulses. Oilseeds & pulses segment is expected to dominate the market following the increasing demand for oilseeds such as sunflower, soybean, and canola. Soybean is a major oil seed crop in the U.S., in 2016 around 31% of area was planted with Soybeans, which was around 33.8 million hectares, the American Soybean Association. In addition, Soybeans accounted for 61% of the world’s

oilseed production. Moreover, plants- based diets are a major part of human dietary and accounts for over 80% of the human diet and nutrition, FAO.

On the basis of function, the market is segmented into seed protection and seed enhancement. The seed protection segment is projected to hold the highest market share on account of high demand from framers for crop protection.

Based on the application technique, the seed treatment market is segmented into seed coating, seed dressing, and seed pelleting. Seed coating is expected to lead the market, owing to high consumption of grains. It is estimated that over 60% of the increase in the food production would be required to feed the global population by 2050, the FAO. Increasing demand of biofuel is also driving demand of seed techniques for high output. For instance, in 2016, the U.S. biodiesel production accounted around 1.87 billion gallons, the American Soybean Association.

Regional Insights

Geographically, the global seed treatment market is segmented into four regions: the Americas, Europe, Asia Pacific, and the Middle East & Africa (MEA).

North America is leading the global seed treatment market as a result of increasing adoption of insecticides for agriculture in the region. The U.S. together with Canada is one of the most successful agricultural platforms following its commercial cooperation for farmers. For instance, agricultural trade is free of tariff in the region, which is facilitating the trade for a variety of agricultural products across the region. In addition, the use of pesticides and GM crops are also some of the important methods for high agricultural output. Apart from this, the region is known for its high technological alternatives and a huge presence of market players, thus increasing investment by manufacturers is uncapping better opportunities for the seed treatment market in the region. For instance, Syngenta spends over USD 1.36 billion in research and development each year. Apart from this, the U.S., Brazil, and Argentina are leading soy producers worldwide and account for over 80% of the global production, World Wildlife Fund.

Europe is the second largest seed treatment market. The region is witnessing increasing demand for organic products in the region. Manufacturers are seizing this opportunity and are providing solutions to carter to the overall customer demand. For instance, Albaugh LLC launched BIOST a biological seed treatment platform in 2017. Agricultural production is one of the prominent factors shaping rural Europe, and various trade partners such as the Transatlantic Trade Partnership with the U.S. have played a crucial role in expanding Europe’s food markets. Apart from this, over 10 million people are working in the agriculture sector in the EU, accounting for 4.4 % of total employment, Eurostat.

Key Players

Some of the key players in the global seed treatment market are Germains Seed Technology (U.S.), Syngenta (Switzerland), Bayer (Germany), BASF SE (Germany), Corteva Agriscience (U.S.), Monsanto Company (U.S.), Nufarm (Australia), FMC Corporation (U.S.), Sumitomo Chemical Co., Ltd. (Japan), UPL (India), and Croda International Plc (U.K.),

Intended Audience

Seed Treatment Manufacturers
Raw Material Suppliers
Research and Development Institutes
Agricultural Societies
Government Agricultural Departments
Traders, Distributors, and Suppliers of Seed Treatment Products

Buy Now :https://straitsresearch.com/buy-now/seed-treatment-market/global/

Seed Treatment Market Segmentation

By Type
Chemical Seed Treatment
Non-Chemical Seed Treatment
Biological Seed Treatment
Physical Seed Treatment
By Function

Seed protection
Insecticides
Imidacloprid
Thiamethoxam
Clothianidin
Fungicides
Thiram
Carbendazim
Tebuconazole
Carboxin
Seed enhancement
By product
Biofertilizers
Micronutrients
Plant Growth Regulators (PGRs)
Others
By function
Seed Priming
Seed Disinfection
By Crop Type

Cereals & grains
Corn
Wheat
Rice
Sorghum
Barley
Oilseeds & pulses
Soybean
Canola
Cotton
Sunflower
Other crop types
Turfs, forages, and alfalfa
Sugar beets & vegetables
By Application Technique

Seed coating
Seed dressing
Seed pelleting
Regions Covered

America
North America
U.S.
Canada
Mexico
South America
Europe
Western Europe
Germany
France
U.K
Italy
Spain
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Australia
Rest of Asia Pacific
The Middle East & Africa
Saudi Arabia
UAE
South Africa
Key Players

Syngenta

Company Overview
Financial Performance
Recent Developments
Product Portfolio
Germains Seed Technology

Company Overview
Financial Performance
Recent Developments
Product Portfolio
Bayer

Company Overview
Financial Performance
Recent Developments
Product Portfolio
BASF SE

Company Overview
Financial Performance
Recent Developments
Product Portfolio
Corteva Agriscience

Company Overview
Financial Performance
Recent Developments
Product Portfolio
Monsanto Company

Company Overview
Performance
Recent Developments
Product Portfolio
Nufarm

Company Overview
Financial Performance
Recent Developments
Product Portfolio
Sumitomo Chemical Co., Ltd.

Company Overview
Financial Performance
Recent Developments
Product Portfolio
FMC Corporation

Company Overview
Financial Performance
Recent Developments
Product Portfolio
UPL

Company Overview
Financial Performance
Recent Developments
Product Portfolio
Croda International Plc

Company Overview
Financial Performance
Recent Developments
Product Portfolio

Contact Us:
Email: sales@straitsresearch.com
Address: 825 3rd Avenue, New York, NY, USA, 10022
Tel: +1 6464807505, +44 203 318 2846
Website: https://straitsresearch.com/

About Us :
StraitsResearch.com is a leading market research and market intelligence organization, specializing in research, analytics, and advisory services along with providing business insights & market research reports.

This release was published on openPR.