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Seed Treatment Fungicides Market Growth Forecast 2025: Industry Trends, Market Size, and Projections
Seed Treatment Fungicides Market Size
What Is the Seed Treatment Fungicides Market Size and Projected Growth Rate?
In late years, the market size for seed treatment fungicides has witnessed significant growth. It is anticipated to augment from $2.07 billion in 2024 to $2.24 billion in 2025, indicating a compound annual growth rate (CAGR) of 7.7%. The growth witnessed in the past can be traced back to factors such as the escalation in global population, improved crop yield and quality, expansion of commercial farming, government backing and regulations, and heightened adoption of high-value crops.
In the following years, the seed treatment fungicides market size is predicted to witness significant growth, reaching $3.23 billion in 2029 with a compound annual growth rate (CAGR) of 9.6%. This impending growth during the forecast period can likely be attributed to the effects of climate change on disease patterns, development of bio-derived fungicides, a growing need for improved crop resilience, management of invasive pests and diseases, and concerns about global food security. Notable trends in the forecast period encompass improvements in formulations, seed coating methods, customized solutions for various crops, digital agriculture and precision farming, along with partnerships for product innovation.
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What Are the Major Segments in the Seed Treatment Fungicides Market?
The seed treatment fungicides market covered in this report is segmented -
1) By Type: Synthetic Chemical, Biological
2) By Form: Liquid, Powder
3) By Crop Type: Cereals And Grains, Oilseeds And Pulses, Other Crop Types
4) By Application: Coating, Dressing, Pelleting
Subsegments:
1) By Synthetic Chemical: Triazoles, Strobilurins, Carboxamides
2) By Biological: Fungal Biocontrol Agents, Bacterial Biocontrol Agents, Plant Extracts And Oils
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What Are The Driving Seed Treatment Fungicides Market Evolution?
In the coming future, the seed treatment fungicide market's growth is projected to be fuelled by the rising demand for agricultural production. This involves a series of steps such as plowing, crop cultivation, harvesting, and animal rearing, which all contribute to a product eventually being sold in the market. The heightened demand for agricultural production is propelling the seed treatment fungicides market as they are used to reduce seedling disease, seedling rot, and seed rot caused by various fungi. For instance, the California Department of Food and Agriculture, a cabinet-level organization based in the United States, reported in September 2024 that agricultural exports from California hit $23.6 billion in 2022, signifying a 4.4 percent increase from 2021. As a result, the rising demand for agricultural production is a key driver of the seed treatment fungicide market.
Which Firms Dominate The Seed Treatment Fungicides Market Segments?
Major companies operating in the seed treatment fungicides market include 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 Trends Are Expected to Dominate the Seed Treatment Fungicides Market in the Next 5 Years?
Big players in the seed treatment fungicide market are creating cutting-edge technologies like TYMIRIUM technology to bolster crop resilience against diseases and enhance the overall plant health. TYMIRIUM technology is a revolutionary seed treatment solution merging biological and chemical methods to fortify crop resilience against diseases originating from soil. To illustrate, in May 2022, Syngenta, a Swiss agricultural firm introduced VICTRATO. This is a unique seed treatment designed to fight harmful nematodes and soil-based fungal diseases affecting diverse crops. VICTRATO, which uses Tymirium technology, is especially useful for crops such as soybeans and cotton. It ensures protection as the seedlings emerge and develop, shielding the young plants from diseases as they grow amidst the remains of previous crops.
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Which Is The Largest Region In The Seed Treatment Fungicides Market?
North America was the largest region in the seed treatment fungicides market in 2024. The regions covered in the seed treatment fungicides market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Seed Treatment Fungicides Market?
2. What is the CAGR expected in the Seed Treatment Fungicides Market?
3. What Are the Key Innovations Transforming the Seed Treatment Fungicides Industry?
4. Which Region Is Leading the Seed Treatment Fungicides Market?
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