Press release
Seed Treatment Market Outlook and Future Projections for 2026
Market Drivers:
Factors driving the market growth include the cost-effectiveness and efficiency of seed treatment over traditional pesticides, coupled with the rising prices of genetically modified crops. Additionally, substantial investments in commercial and value-added seeds are boosting market growth. Factors such as the rapidly growing population, the need for crop protection against new pests and diseases, and increasing food requirements are anticipated to create lucrative opportunities in the near future.
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Detailed Segmentation:
The global seed treatment market is segmented based on product, treatment method, crop type, application, and geography. By product, the market is divided into insecticide, fungicide, bio-control, and others. The insecticide segment held the largest market share in 2018, contributing more than half of the market. However, the bio-control segment is projected to witness the fastest CAGR during the forecast period, attributed to its non-toxic nature and favorable effects on yield.
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On the basis of treatment method, the market is categorized into seed coating, seed dressing, and seed pelleting. In terms of crop type, the market is divided into cereals & grains, oilseeds & pulses, and other crop types. The cereals & grains segment dominated the market in 2018, driven by the high global production of grains such as wheat, rice, and corn.
The global seed treatment market is analyzed across various regions including North America, Europe, Asia-Pacific, and LAMEA. Europe held the largest market share in 2018, contributing around one-third of the market. However, the LAMEA market is expected to exhibit the fastest CAGR of 9.5% during the forecast period.
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Major Market Players:
BASF
Bayer CropScience
Syngenta AG
DuPont
Chemtura Corporation
Monsanto
Novozymes A/S
Nufarm Limited
Valent USA Corporation
Sumitomo Chemical Company
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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