PUBLISHER: Grand View Research | PRODUCT CODE: 1178720
PUBLISHER: Grand View Research | PRODUCT CODE: 1178720
Seed Treatment Market Size, Share & Trends Analysis Report By Type (Insecticides, Fungicides), By Crop (Corn, Wheat, Soybean), By Region (North America, Asia Pacific), And Segment Forecasts, 2023 - 2030
Seed Treatment Market Growth & Trends:
The global seed treatment market size is estimated to reach USD 26.84 billion by 2030, registering CAGR of 9.46% during the forecast period,according to a new report by Grand View Research, Inc.The growth can be attributed to growing need for the pesticides in high-value crops and vegetable & fruit production.
Asia Pacific was estimated to have the highest revenue share of 32.0%. The growth can be attributed to the increasing high-value crop plantations in the region for the purpose of trade and rising organic farming practices for the better quality of food products in the developed economies. The use of biopesticides and non-chemicals prevents any residue of the hazardous chemicals from the seed treatment activities using synthetic pesticides, from reaching the grains and crops. Developed economies such as the U.S. and various countries of Europe, generally prefer residue free organic based crops, fruits and vegetables
The agriculture industry in Asia Pacific is expected to witness substantial growth in the coming years owing to the presence of fertile arable land and continuous demand from an increasing population in the countries such as China, India, Vietnam, and Japan. The augmented focus on increasing agricultural product output is also due to the increasing population within the region and the superior quality of the agricultural products demanded by the growing middle class within the region.
There is also an increasing demand for bio-based fungicides and insecticides seed treatment activities, for higher crop yield and reducing soil-borne diseases, this can be attributed to the rising trend for organic fruits & vegetable consumption in Asia Pacific region. According to the Asian Development Banks, Asia Pacific produces 32.0% of the high-value crops of the total agricultural production.
The rise in the production and the sales of high-quality products can be attributed to the increasing purchasing power of the consumers and the growing population in the Asia Pacific. This factor is expected to contribute to the requirement for the pesticides, insecticides, chemical and non-chemical seed treatment activities over the forecast period, thereby leading to the growth of the seed treatment market.
North America is another key region contributing to the market growth due to the growing demand for high-value crop production in the region. It is estimated to reach USD 4,861.4 Million by 2030, registering a CAGR of 9.64% in the predicted years.The rising need for high-quality and quantity residue-free food is expected to positively influence the market, thus, driving the demand for seed treatment in the region during the forecast period. Some top biopesticides and insecticide manufacturers in North America, such as Corteva Agriscience, American Vanguard Corporation, and FMC Corporation, produce pesticides in large quantities which are anticipated to excel the demand for seed treatment in the region during the coming years.
The seed treatmentmarket is competitive and fragmented with the presence of several regional and domestic players along with the presence of several major players. These players have strong distribution networks worldwide in the market ecosystem.Another major factor influencing the growth of the market is the increasing preference for the bio pesticides and non-chemicals owing to the rising demand for high-value crops and fruits & vegetable products for the consumption.
Recently there is an increasing trend for using bio-based alternatives for increasing soil health and reducing soil-borne diseases in the market. The growing global population and the ongoing urbanization and industrialization in emerging economies, coupled with the rising middle class in countries such as India, and China have led different countries across the world to promote superior agricultural practices this has led to the rising demand.
Seed Treatment Market Report Highlights:
- Insecticides segment dominated the overall market, as they are widely used for harmful insects and pest reduction in soil and root regions of the plants. The insecticides are used for soil health and root prevention among others, which is majorly used in advanced manufacturing practices. It was valued at USD 4,406.1million in 2022 and is estimated to reach USD 8,670.4 million by 2030, registering a CAGR of 8.4% during the forecast years
- Asia Pacific dominated the market due to increasing demand for the superior quality of agricultural products in the region with high demand from food & beverages manufacturing companies
- Various companies within North America and the Asia Pacific are coming up with biobased and non-chemical alternatives to offer sustainable seed treatment products for organic agricultural practices. This strategy is expected to attract more customers and investors who are seeking more green method solutions
- The spread of COVID-19 has not affected much due to increasing consumption of the fruits & vegetables, by the consumers having high fever, caused due to the spread of COVID-19, which fuelled the growth of biopesticides market across the world
Table of Contents
Chapter 1 Methodology And Scope
- 1.1 Market Segmentation & Scope
- 1.2 Market Definitions
- 1.3 Information Procurement
- 1.3.1 Information Analysis
- 1.3.2 Market Formulation & Data Visualization
- 1.3.3 Data Validation & Publishing
- 1.4 Research Scope And Assumptions
- 1.4.1 List To Data Sources
Chapter 2 Executive Summary
- 2.1 Market Snapshot
- 2.2 Segmental Outlook
- 2.3 Competitive Insights
Chapter 3 Market Variables, Trends & Scope
- 3.1 Market Lineage Outlook
- 3.2 Penetration & Growth Prospect Mapping
- 3.3 Industry Value Chain Analysis
- 3.3.1 Raw Material Trends
- 3.3.2 Manufacturing Trends
- 3.3.3 Sales Channel Analysis
- 3.4 Price Trend Analysis
- 3.4.1 Factors Influencing Prices
- 3.5 Regulatory Framework
- 3.6 Trade Analysis, 2017 To 2020
- 3.7 Market Dynamics
- 3.7.1 Market Driver Impact Analysis
- 3.7.1.1 Growing Demand For Seed Treatment
- 3.7.1.2 Increasing Usage Of Seed Treatment Across The World
- 3.7.2 Market Restraint Impact Analysis
- 3.7.2.1 High Global Prices Of Seed Treatment
- 3.7.2.2 Industry Opportunities
- 3.7.2.3 Industry Challenges
- 3.7.1 Market Driver Impact Analysis
- 3.8 Impact Of Covid 19
- 3.9 Business Environment Analysis
- 3.9.1 Porter's Analysis
- 3.9.2 Macro-Environmental Analysis
Chapter 4 Seed Treatment Market: Type Estimates & Trend Analysis
- 4.1 Type Movement Analysis & Market Share, 2021 & 2030 (Thousand Tons) (USD Million)
- 4.2 Seed Treatment Market Size, Forecasts, And Trend Analysis, By Type, 2018 - 2030 (Thousand Tons) (USD Million)
- 4.2.1 Insecticides
- 4.2.2 Fungicides
- 4.2.3 Chemicals
- 4.2.4 Non-Chemicals
Chapter 5 Seed Treatment Market: Crop Estimates & Trend Analysis
- 5.1 Crop Movement Analysis & Market Share, 2021 & 2030 (Thousand Tons) (USD Million)
- 5.2 Seed Treatment Market Size, Forecasts, And Trend Analysis, By Crop, 2018 - 2030 (Thousand Tons) (USD Million)
- 5.2.1 Corn
- 5.2.2 Soybean
- 5.2.3 Wheat
- 5.2.4 Canola
- 5.2.5 Others
Chapter 6 Seed Treatment Market: Regional Estimates & Trend Analysis
- 6.1 Regional Movement Analysis & Market Share, 2021 & 2030 (Thousand Tons) (USD Million)
- 6.2 Seed Treatment Market Size, Forecasts, And Trend Analysis, By Region, 2018 - 2030 (Thousand Tons) (USD Million)
- 6.2.1 North America
- 6.2.1.1 U.S.
- 6.2.1.2 Canada
- 6.2.1.3 Mexico
- 6.2.2 Europe
- 6.2.2.1 Germany
- 6.2.2.2 Spain
- 6.2.2.3 Italy
- 6.2.2.4 U.K.
- 6.2.3 Asia Pacific
- 6.2.3.1 China
- 6.2.3.2 India
- 6.2.3.3 Japan
- 6.2.4 Central & South America
- 6.2.4.1 Brazil
- 6.2.4.2 Argentina
- 6.2.5 Middle East & Africa
- 6.2.5.1 Saudi Arabia
- 6.2.5.2 South Africa
- 6.2.1 North America
Chapter 7 Seed Treatment Market - Competitive Analysis
- 7.1 Key Global Players, Recent Developments & Their Impact On The Industry
- 7.2 Key Company/Competition Categorization
- 7.3 Vendor Landscape
- 7.3.1 List Of Key Raw Material Suppliers
- 7.3.2 List Of Manufacturers
- 7.3.3 List Of Key Distributors And Channel Partners
- 7.3.4 List Of Potential Endusers
- 7.3.5 Strategic Framework
Chapter 8 Company Profiles
- 8.1 Syngenta
- 8.1.1 Company Overview
- 8.1.2 Financial Performance
- 8.1.3 Product Benchmarking
- 8.1.4 Strategic Initiatives
- 8.2 Monsanto
- 8.2.1 Company Overview
- 8.2.2 Financial Performance
- 8.2.3 Product Benchmarking
- 8.2.4 Strategic Initiatives
- 8.3 BASF
- 8.3.1 Company Overview
- 8.3.2 Financial Performance
- 8.3.3 Product Benchmarking
- 8.3.4 Strategic Initiatives
- 8.4 BAYER AG
- 8.4.1 Company Overview
- 8.4.2 Financial Performance
- 8.4.3 Product Benchmarking
- 8.4.4 Strategic Initiatives
- 8.5 CropScience
- 8.5.1 Company Overview
- 8.5.2 Financial Performance
- 8.5.3 Product Benchmarking
- 8.5.4 Strategic Initiatives
- 8.6 Chemtura
- 8.6.1 Company Overview
- 8.6.2 Financial Performance
- 8.6.3 Product Benchmarking
- 8.6.4 Strategic Initiatives
- 8.7 Nufarm
- 8.7.1 Company Overview
- 8.7.2 Financial Performance
- 8.7.3 Product Benchmarking
- 8.7.4 Strategic Initiatives
- 8.8 DuPont
- 8.8.1 Company Overview
- 8.8.2 Financial Performance
- 8.8.3 Product Benchmarking
- 8.8.4 Strategic Initiatives
- 8.9 Becker Underwood
- 8.9.1 Company Overview
- 8.9.2 Financial Performance
- 8.9.3 Product Benchmarking
- 8.9.4 Strategic Initiatives
List of Tables
- Table 1 Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030, (Thousand Tons)
- Table 2 Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030, (USD Million)
- Table 3 North America Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (Thousand Tons)
- Table 4 North America Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (USD Millions)
- Table 5 U.S. Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (Thousand Tons)
- Table 6 U.S. Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (USD Millions)
- Table 7 Canada Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (Thousand Tons)
- Table 8 Canada Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (USD Millions)
- Table 9 Mexico Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (Thousand Tons)
- Table 10 Mexico Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (USD Millions)
- Table 11 Europe Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (Thousand Tons) (USD Million)
- Table 12 Europe Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (USD Millions)
- Table 13 Germany Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (Thousand Tons)
- Table 14 Germany Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (USD Millions)
- Table 15 France Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (Thousand Tons)
- Table 16 France Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (USD Millions)
- Table 17 U.K.Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (Thousand Tons)
- Table 18 U.K.Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (USD Millions)
- Table 19 Asia Pacific Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (Thousand Tons)
- Table 20 Asia Pacific Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (USD Millions)
- Table 21 China Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (Thousand Tons)
- Table 22 China Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (USD Millions)
- Table 23 India Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (Thousand Tons)
- Table 24 India Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (USD Millions)
- Table 25 Japan Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (Thousand Tons)
- Table 26 Japan Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (USD Millions)
- Table 27 South Korea Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (Thousand Tons)
- Table 28 South Korea Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (USD Millions)
- Table 29 Central & South America Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (Thousand Tons)
- Table 30 Central & South America Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (USD Millions)
- Table 31 Brazil Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (Thousand Tons)
- Table 32 Brazil Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (USD Millions)
- Table 33 Argentina Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (Thousand Tons)
- Table 34 Argentina Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (USD Millions)
- Table 35 Middle East & Africa Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (Thousand Tons)
- Table 36 Middle East & Africa Seed Treatment Market Volume & Revenue, By Type, 2018 - 2030 (USD Millions)
- Table 37 Key Global Players, Recent Developments & Their Impact
- Table 38 Key Company/Competition Categorization
- Table 39 List Of Key Raw Material Suppliers
- Table 40 List Of Manufacturers
- Table 41 List Of Key Distributors And Channel Partners
- Table 42 List Of Potential End Users
List of Figures
- Fig. 1 Seed Treatment Market Segmentation
- Fig. 2 Information Procurement
- Fig. 3 Data Analysis Models
- Fig. 4 Market Formulation And Validation
- Fig. 5 Data Validating & Publishing
- Fig. 6 Market Snapshot
- Fig. 7 Seed Treatment Market, Segmental Outlook, 2021 (USD Million)
- Fig. 8 Seed Treatment Market, Segmental Outlook, 2021 (USD Million)
- Fig. 9 Seed Treatment Market Volume & Revenue, 2018 - 2030 (Thousand Tons) (USD Million)
- Fig. 10 Global Seed Treatment Prices, 2018 - 2030 (USD/Kg)
- Fig. 11 Seed Treatment Market Dynamics
- Fig. 12 Market Driver Analysis
- Fig. 13 Global Acetic Anhydride Demand, 2012 - 2020 (Million Thousand Tons)
- Fig. 14 Market Restraint Analysis
- Fig. 15 Seed Treatment Market: Porter's Analysis
- Fig. 16 Seed Treatment Market: Pestel Analysis
- Fig. 17 Seed Treatment Market Revenue Share, By Regional, 2021 & 2030 (%)
- Fig. 18 Seed Treatment Market Revenue Share, By Regional, 2021 & 2030 (%)
- Fig. 19 Strategic Framework
