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Seed Treatment Market Report 2023-2032: Market Size, Share, Growth And Industry Analysis | BASF SE, Syngenta AG, Bayer AG, Croda International PLC, DuPont de Nemours Inc
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Seed Treatment Global Market Report 2023 identifies increasing number of seed- and soil-borne diseases as the major driver for the Seed Treatment market's growth in the forecast period. Seed- and soil-borne diseases refer to plant diseases that are caused by pathogens that live in the soil or on seeds. Seed- and soil-borne diseases are primarily treated through seed treatment, which can protect crops by providing a cost-effective and efficient means of controlling diseases and helping to increase crop production efficiency.
The global seed treatment market size is expected to grow from $10.06 billion in 2022 to $11.10 billion in 2023 at a compound annual growth rate (CAGR) of 10.32%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global seed treatment market size is expected to reach $16.64 billion in 2027 at a CAGR of 10.64%.
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Major competitors in the Seed Treatment market are BASF SE, Syngenta AG, Bayer AG, Croda International PLC, DuPont de Nemours Inc.
A key trend in the Seed Treatment market includes Product innovations. Major companies operating in the seed treatment market are innovating new products to sustain their position in the market. For instance, in May 2022, Bayer AG, a Germany-based pharmaceutical company, launched the Routine Start 280FS, an innovative seed treatment that helps farmers overcome rice blast (leaf blast) issues for greater yields. In order to increase crop yield and resource efficiency for rice farmers, a new seed treatment solution was developed to guard early-season rice seeds against rice blast fungus. This is an ideal solution that aids farmers in resolving this issue while safeguarding the environment and food supply. This solution is made possible through a combination of scientific discoveries, technology, and knowledge in seed treatment. Routine Start 280FS technically contains both isotianil (200 g/l) and trifloxystrobin (80 g/l) to activate the plants' natural defenses and enable them to successfully protect themselves from blast infections during the first 40-50 days after sowing, sparing rice growers from having to apply at least one or two foliar fungicide applications.
Read More On The Global Seed Treatment Market Report Here:
https://www.thebusinessresearchcompany.com/report/seed-treatment-global-market-report
The Seed Treatment market is segmented -
1. By Type: Insecticides, Fungicides, Chemicals, Non-Chemicals
2. By Formulation: Liquid Solution, Powder, Emulsion, Flowable Concentrate, Water Dispersible Powder For Slurry, Other Formulations
3. By Crop Type: Oilseeds, Cereals And Grains, Fruits And Vegetables, Other Crop Types
4. By Function: Seed Protection, Seed Enhancement
5. By Application Technique: Seed Coating, Seed Dressing, Seed Pelleting
6. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Seed Treatment market.
The Business Research Company's "Global Seed Treatment Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Seed Treatment Market Include:
1. Executive Summary
2. Seed Treatment Market Characteristics
3. Seed Treatment Market Trends And Strategies
4. Seed Treatment Market - Macro Economic Scenario
5. Seed Treatment Market Size And Growth
……
26. Africa Seed Treatment Market
27. Seed Treatment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Seed Treatment Market
29. Seed Treatment Market Future Outlook and Potential Analysis
30. Appendix
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