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Seed Treatment market Is Projected To Rise At A Cagr Of 9.2% During 2026 | Syngenta, Bayer CropScience AG, Monsanto, BASF

10-22-2021 01:34 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent market insights

Seed Treatment  market

Seed Treatment market

Seed treatment provides effective protection to the seed from insects, pathogens, and other pests. Moreover, seed treatment also contributes to the production of healthy and quality seed. It has emerged as a cost-effective solution as compared to the traditional spraying method as it is less labor-intensive and enhance overall productivity.

The global seed treatment market is projected to surpass US$ 9.8 billion by the end of 2027, in terms of revenue, growing at CAGR of 9.2% during the forecast period (2020 to 2027).

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Detailed Segmentation:

Global Seed Treatment Market, By Treatment:
Insecticides
Fungicides
Nonchemical treatments
Others

Global Seed Treatment Market, By Crop Type:
Corn/Maize
Soybean
Wheat
Canola
Cotton
Others

The growing need for sustainable farming is creating demand for biological seed treatment across developing regions is expected to provide potential market opportunities. For example, non-chemical see treatment is gaining importance as it includes antagonist bacteria, antagonist fungus, and biological agents. In this process, these bacteria is placed in the soil environment in order to colonize the seedling and protect them from the soil-borne disease.

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Consumption of organic food is a key trend in the market and this is attributed to improving the lifestyle of the consumer and increasing the disposable income of the consumers. Growing awareness regarding the health benefits of consuming food products is also expected to foster the market growth of seed treatment. The growing popularity of fungicides and insecticides among farmers is further projected to bolster the market growth of seed treatment.

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