Press release
Seed Treatment Market Competitive Landscape and Technological Developments Shaping the Future of Agriculture
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Seed Treatment Market Size, Share & Trends Analysis Report By Type (Insecticides, Fungicides), By Crop (Corn, Wheat, Soybean)- Market Outlook And Industry Analysis 2031"The global seed treatment market will reach over USD 12.35 billion by the year 2031, exhibiting a CAGR of 8.44% during the forecast period.
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The seed treatment market is experiencing robust growth, driven by its increasing adoption in agricultural practices to improve seed resistance to pests and insects. Seed treatments enhance the resilience of crops by fortifying their leaves and fruits, while effectively controlling various pests and insects. These treatments, which utilize biological, physical, and chemical agents applied to seeds prior to planting, help reduce the risk of soil-borne diseases and infections, accelerate germination, and improve overall crop productivity.
Neonicotinoids continue to be the most widely utilized agents for managing aphids, which are key vectors for viral infections. These treatments have proven effective against other pests, such as chinch bugs, and offer superior efficiency compared to traditional spraying techniques.
In a notable strategic development, Winfield United has launched a soybean seed treatment that offers comprehensive protection against pests and diseases during the spring planting season. This innovation enhances root health, plant vigor, and overall production potential. The formulation, grounded in a reliable and proven recipe, provides growers and retailers with a trusted solution, reinforcing the company's portfolio with an advanced approach to safeguarding soybeans from pests and diseases.
List of Prominent Players in the Seed Treatment Market:
• ADAMA Ltd. (Israel)
• BASF SE (Germany)
• Bayer AG (Germany)
• Bioworks Inc. (US)
• Certis Europe (Netherlands)
• Chemtura
• Corteva Agriscience (US)
• Croda International Plc (UK)
• Crop Science
• DuPont
• Eastman Chemicals Ltd. (US)
• FMC Corporation (US)
• Marrone Bio Innovations, Inc.
• Monsanto
• Novozymes A/S (Denmark)
• Nufarm
• Rizobacter (Argentina)
• Solvay (Belgium)
• Sumitomo Chemical (Japan)
• Syngenta AG
• UPL Ltd. (India)
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Market Dynamics
Drivers:
The growing adoption of advanced agricultural practices is driving farmers to shift from traditional methods to modern farming techniques. Seed treatment is becoming a cost-effective alternative to traditional crop protection methods, which is anticipated to significantly boost the growth of the global seed treatment market. Key drivers of market expansion include the need to optimize seed performance, enhance crop yields, and the rising demand for high-efficiency seed chemicals. Additionally, the increasing emphasis on achieving maximum crop yields at cost-effective prices is further fueling the demand for seed treatment solutions. Major industry players such as BASF SE (Germany) and Germains Seed Technology (UK) are actively innovating seed coating solutions. Extensive research is also being conducted to develop advanced materials for seed coating applications, further driving market growth.
Challenges:
Natural disasters, such as storms, flooding, and landslides, pose a threat to the production of raw fruits and vegetables, potentially hindering the growth of the global seed treatment market. Additionally, adverse weather conditions are slowing demand growth. The limited shelf life of treated seeds, such as soybeans, represents another challenge, as the physical and chemical composition of the seed coatings may affect the viability of the microbes. This diminished viability can reduce the effectiveness of seed treatments, limiting the overall market potential.
Regional Trends:
The Asia Pacific region is expected to experience the highest growth rate during the forecast period, driven by increasing demand for forage and fodder crops. The rising need for effective crop protection solutions across the region is propelling market expansion. Established industry players are expanding their operations in this region to take advantage of the growing demand. The increasing cultivation of high-value crops and heightened awareness among farmers about the benefits of seed treatment are expected to further accelerate market growth in Asia Pacific.
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Recent Development:
• In March 2022, Syngenta added Cruiser Maxx APX to its Seed care portfolio. The new product protects against diseases including Pythium and Phytophthora.
• In December 2021, Syngenta introduced the Trebuset Peanuts seed treatment fungicide. It is a newly registered product formulation of active ingredients such as Maxim, Dynasty, Apron, and Vibrance fungicide brands.
• In December 2021, Corteva Agriscience and FMC Corporation signed an agreement to supply Rynaxpyr and Cyazypyr actives for Corteva's seed treatment products.
Segmentation of Seed Treatment Market-
By Type-
• Insecticides
• Fungicides
• Chemicals
• Non-chemicals
By Crop-
• Corn
• Soybean
• Wheat
• Canola
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
Read Overview Report- https://www.insightaceanalytic.com/report/seed-treatment-market/1840
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
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InsightAce Analytic Pvt. Ltd.
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