According to a new market report by Lucintel, the future of the seed treatment market looks promising with opportunities in the cereals & grains, and oilseeds & pulses farming markets. The seed treatment market is expected to grow with a CAGR of 11% from 2019 to 2024. The major drivers for this market are increasing demand for integrated pest management practices to minimize pesticide usage and the need for soil replenishment caused by limited crop rotation practices.
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In this market, chemical and non-chemical treatments are used for seed protection and seed enhancement. On the basis of comprehensive research, chemical seed treatment will remain the largest segment over the forecast period due to increasing demand for insecticides especially neonicotinoids and fungicides for seed treatment solutions.
Within the seed treatment market, seed protection will remain the largest function type due to increased demand for efficient crop protection pesticides among farmers for their effective results and limited crop losses from pest attacks.
North America will remain the largest market over the forecast period due to high adoption of insecticide seed treatment for corn, soybeans, and canola.
Bayer, Monsanto, Syngenta, BASF, Dow Agro Sciences, DuPont, FMC, Sumitomo Chemical, Arysta LifeScience, Incotec, Nufarm, UPL, and Germains are among the major manufacturers of seed treatment.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the seed treatment market by treatment type, function, crop type, application technique, and region. Lucintel has prepared a comprehensive research report titled "Seed Treatment Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the Seed treatment market by treatment type, function, crop type, application technique, and region as follows:
By Treatment Type [$M shipment analysis for 2013 – 2024]:
Chemical Seed Treatment
Non-Chemical Seed Treatment
Biological Seed Treatment
Physical Seed Treatment
By Function [$M shipment analysis for 2013 – 2024]:
Seed Protection
Insecticides
Imidacloprid
Thiamethoxam
Clothianidin
Fungicides
Thiram
Carbendazim
Tebuconazole
Carboxin
Seed Enhancement
By Product
Biofertilizers
Micronutrients
Plant Growth Regulators (PGRs) & Others
By Function
Seed Priming
Seed Disinfection
By Crop Type [$M shipment analysis for 2013 – 2024]:
Cereals & Grains
Corn
Wheat
Rice
Sorghum
Barley
Oilseeds & Pulses
Soybean
Canola
Cotton
Sunflower
Other Crop Types
Turfs, Forages, and Alfalfa
Sugar Beets & Vegetables
By Application Technique [$M shipment analysis for 2013 – 2024]:
Seed Coating
Seed Dressing
Seed Pelleting
By Region [$M shipment analysis for 2013 – 2024]:
North America
Europe
Germany
France
U.K.
Italy
Spain
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Indonesia
Rest of Asia Pacific
ROW
Brazil
Argentina
Saudi Arabia
Others
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/seed-treatment-market.aspx or helpdesk@lucintel.com.
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