Seed Treatment Market Global Trend, Opportunities, Top Key Players and Forecast 2018-2023
Seed Treatment Market Applications:
Among the applications used for seed treatment, seed dressing is the most commonly used procedure due to the low cost and ease of application. These dressings can be applied both at farm and industries. In seed dressing, pesticides can be mixed with seeds or sprinkled over them. The mixing can be done by using low-cost earthen pots, or they can be spread on a polyethylene sheet, and pesticides can be sprinkled over the seed lot. Seed coating requires advanced treatment technology and is therefore carried out at the industry where a special binder is used with a formulation to enhance adherence of the seed. Seed pelleting is the most expensive application and requires specialized machinery and techniques, which are used to change the physical shape of the seed to enhance palatability and handling.
- Bayer (Germany),
- Monsanto (U.S.),
- Syngenta (Switzerland),
- BASF SE (Germany),
- DowDuPont (U.S.),
- FMC (U.S.),
- Sumitomo Chemical (Japan)
- Arysta LifeScience (U.S.),
- INCOTEC (Netherlands),
- Nufarm (Australia), UPL (India),
- Germains (U.K)
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The high demand for seed treatment can be attributed to its low cost and enhanced crop yield. The increasing population across the globe has generated immense demand for food, which is the major factor driving the market growth. Moreover, the demand for high-quality food grains and vegetables across the globe is expected to fuel the demand for seed treatment. This increase in the demand is augmented due to the shifting trends towards the organic consumables as a result of increasing health awareness amongst the consumer. Additionally, unfavorable soil conditions, which lead to the growth of undesirable fungi spores and result in damaged seeds is another reason that drives the seed treatment demand. The adoption of seed treatment is also increasing due to the need for conservation of traditional and indigenous breeds in various regions. The high cost of genetically modified seed is likely to augment the market growth over the forecast period.
The global seed treatment market is segmented into five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.
North America is another significant region in the global market owing to the extensive production of crops such as barley, corn, cotton, oats, peanuts, rice sorghum, soybeans, and wheat in this region.
Latin America is one of the major exporters of food and agricultural commodities. The rise in agricultural productivity is essential to meet domestic food needs or to maintain or enhance export competitiveness, which is likely to drive the seed treatment market during the assessment period.
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Rising demand for organic food products in the European region is likely to drive the demand for seed treatment in the region.
Asia Pacific accounted for the major market share in 2017 owing to the presence of agricultural countries in the region. The changing lifestyle along with the increasing health awareness amongst the consumer is expected to drive the regional market.
The Middle East & Africa is estimated to witness a significant growth on account of the increasing demand for agrochemicals and pesticides.
The global seed treatment market is segmented on the basis of the types, application, active ingredients, methods, and region.
By type, the global seed treatment market is segmented into seed disinfection, seed disinfestation, and seed protection.
By application, the market is segmented into seed dressing, seed coating, and seed pelleting.
By active ingredients, the market is segmented as insecticides, fungicides, bactericides, and others.
By method, the market is segmented into physical seed treatment, chemical treatment, biological treatment, hot water treatment, dry heat treatment, and others.
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