Seed Treatment Market

1. Seed Treatment Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast The global seed treatment market size was valued USD 6.3 billion in 2020 and is anticipated to expand at a substantial CAGR during the forecast period, 2021-2028. The growth of the market is attributed to increasing demand for seed treatment solutions owing to its cost-effectiveness and less time consumption than traditional spraying. Seed treatment can be used for seed disinfection, disinfestation, or protection, depending on the characteristics of the treatment. Seed treatment refer to as a chemical, physical, and, biological substance applied to a seed prior to sowing in order to control or repel diseases, insects, and other pests that attack seeds, seedlings, or plants. It aids in the management of infections and diseases spread by soil and seed. It also increases crop production, lowers germination time, and improves overall output. Neonicotinoids are currently the most widely used seed treatment insecticides. Seed treatment enables a precise mode of product delivery in the field, providing high level of protection against insects and disease while minimizing possible crop protection product exposure to humans and the environment. Amidacloprid is the most frequent neonicotinoid used to control aphids because they spread viral diseases. Chinch bugs, flea beetles, Hessian flies, leafhoppers, and other pests are also killed by it. Market Trends, Drivers, Restraints, and Opportunities Increasing demand for high-efficiency seed chemicals is anticipated to drive the market growth. Rising trend of consuming cereals & pulses as a primary food is projected to spur the growth of the market during the forecast period. Growing area under genetically modified (GM) crops is expected to positively influence the seed treatment market growth.   

2.  The rise in the demand to turn every seed into a viable seedling and produce high yields is driving the market growth during the forecast period. The impact of COVID-19 pandemic on the seed treatment industry can create challenges for the market expansion. Increasing R&D investment and numerous innovative product developments can create opportunities for the market players.   Sample - https://growthmarketreports.com/request-sample/1877 Market Segment Insights Chemical segment to account for a large market share Based on applications, the market is bifurcated into chemical and non-chemical/biological. The chemical segment is expected to account for a key market share during the forecast period due to its effectiveness, availability, and simpler application technique. Treating seed with one or more pesticides is the most cost-effective strategy to protect it from pests and improve its quality. Seed protectionsegment is anticipated to expand at a substantial CAGR On the basis of functions, the market is divided into seed protection, seed enhancements, and others. The seed protection segment is anticipated to register a substantial CAGR during the forecast period. The initial seed treatment's main objective is to control certain soil pathogens that impair seed performance. Seed treatments that provide a broad spectrum of protection against insects, diseases, and nematodes have benefited from innovations with varied formulations and active components. Grains & cereals segment is expected to expand at a significant pace In terms of crop types, the market is segregated into grains & cereals, oilseeds, vegetables, and others. The grains & cereals segment is expected to grow at a robust pace during the forecast period owing to improvement in yield and increased use in food-related applications. Seed coating to constitute a key market share Based on application techniques, the market is segmented into seed coating, seed pelleting, seed dressing, and others. The seed coating market is projected to hold a large market share in the coming years owing to increasing requirement of solutions that can improve and protect food production. Rising awareness of seed treatment is one of the major factors driving the market segment growth. Europe to dominate the market On the basis of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Europe is anticipated to dominate the market during the forecast period. The regional market growth is attributed to the growing inclination toward agriculture and high-quality seeds. Conversely, the market in Asia Pacific is anticipated to exhibit a robust CAGR owing to dependence of emerging economies such as India and China on the agriculture industry.

3. Inquiry- https://growthmarketreports.com/enquiry-before-buying/1877 Competitive Landscape Key players competing in the seed treatment market include Syngenta International AG, Bayer CropScience AG, BASF SE, Corteva AgriScience, and Croda International PLC. About Growth Market Reports: GMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Industry Intelligence Solutions”. GMR 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. Our key analysis segments, though not restricted to the same, include market entry strategies, market size estimations, market trend analysis, market opportunity analysis, market threat analysis, market growth/fall forecasting, primary interviews, secondary research & consumer surveys. Contact: Growth Market Reports Phone: +1 909 414 1393 Email: sales@growthmarketreports.com Web: https://growthmarketreports.com Follow Us: LinkedIn | Twitter