Press release
Seed Treatment Fungicides Market: Projected Market Size, Growth Rate, Driving Forces, and Trends
"Rapid Growth in Seed Treatment Fungicides Market Driven by Increased Agricultural Demand, Technological Advancements, and Regulatory SupportWhat Is The Projected Market Size Of The Global Seed Treatment Fungicides Market And Its Growth Rate?
• The seed treatment fungicides market size in 2024 stood at $2.07 billion that is estimated to reach $2.24 billion in 2025, registering a compound annual growth rate (CAGR) of 7.7%.
• This market is expected to escalate to a value of $3.23 billion by 2029, propelled by a projected CAGR of 9.6%.
• The strong recent and predicted growth is attributed to an increased global population, higher crop yield and quality, expansion of commercial agriculture, government support and regulations, and increased adoption of high-value crops.
• Future market growth will be influenced by factors like climate change's impact on disease patterns, development of bio-based fungicides, increasing demand for enhanced crop resilience, invasive pest and disease management, and global food security concerns.
What Is Driving The Growth In The Seed Treatment Fungicides Market?
The seed treatment fungicides market is posting significant growth, driven foremost by a surge in agriculture production demand. Agricultural operations like crop cultivation, plowing, and harvesting are important internal factors driving the market expansion as seed treatment fungicides play a critical role in minimizing seedling rot, seed rot, and seedling diseases caused by a wide array of fungi. The rising agriculture production demand was exemplified when California's agricultural exports, according to the California Department of Food and Agriculture, reached a record high of $23.6 billion in 2022, showing a 4.4% increase from the previous year.
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Who Are the Key Players Driving Seed Treatment Fungicides Market Growth?
• Cargill Inc
• BASF SE
• Dow Inc.
• Bayer AG
• Sumitomo Corporation
• Corteva Inc
• DuPont de Nemours Inc.
• UPL Ltd
• FMC Corporation
• Nufarm Ltd
• Croda International Plc
• Novozymes A/S
• DLF Seeds Group
• Bioceres Crop Solutions Corp
• Indofil Industries Limited
• Rallis India Limited
• Rotam Global AgroSciences Limited
• Verdesian Life Sciences LLC
• Helena Agri-Enterprises LLC
• Certis Europe B.V.
• Loveland Products Inc.
• Germains Seed Technology Inc
• Syngenta AG
• Bioworks Inc.
• Vizag Chemicals Private Limited
• SWAL Corporation Ltd.
• Krishi Rasayan Group
What Are The Key Trends In The Seed Treatment Fungicides Market?
• Advancements in formulations
• Development of seed coating technologies
• Provision of tailored solutions for different crops
• Digital agriculture and precision farming
• Collaborations for product innovation
What Are The Segments Of The Global Seed Treatment Fungicides Market?
• By Type: Synthetic Chemical, Biological
• By Form: Liquid, Powder
• By Crop Type: Cereals And Grains, Oilseeds And Pulses, Other Crop Types
• By Application: Coating, Dressing, Pelleting
Which Region Leads The Seed Treatment Fungicides Market?
In 2024, North America held the largest share in the seed treatment fungicides market. The report covers the following regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Seed Treatment Fungicides Market Global Market Report?
- Market Size Analysis: Analyze the Seed Treatment Fungicides Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Seed Treatment Fungicides Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive
landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Seed
Treatment Fungicides Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and
drivers.
- Industry Challenges: Analyze challenges and risks affecting the Seed Treatment Fungicides
Market.
- Competitive Developments: Analyze competitive developments, such as expansions,
agreements, and new product launches in the market.
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