Increase in Need for Soil Replenishment Caused by Limited Crop Rotation Practices Expected to Drive Global Seed Treatment Market: Ken Research

0


Seed treatment is a process of applying chemical & biological agents to seeds, in order to prevent damage by insects, pathogens, and pests. Seed treatment plays a fundamental role in sustainable crop production, by providing protection from pre and post emergent insects and diseases, across a variety of soil types & environmental conditions. It helps to control soil or seed-borne infections & diseases. In addition, it reduces germination time, improves the yield of crops, and enhances overall productivity. Presently, neonicotinoids are the most popular seed treatment insecticides in the market. Imidacloprid is a most common neonicotinoid used to control aphids, as aphids act as carrier to viral diseases. It is also effective against chinch-bug, Hessian fly, flea-beetle, leafhopper, and others. Seed treatment has appeared as a cost-effective crop protection solution as compared to conventional spraying because it is more efficient and less labor intensive.

According to study, Seed Treatment Market by Product (Insecticide, fungicide, bio-control, and Others), Treatment Method (Seed Coating, Seed Dressing and Seed Pelleting), Crop Type (Cereals & Grains, Oilseeds & Pulses, Other Crop Types), and Application (Seed Protection and seed enhancement): Global Opportunity Analysis and Industry Forecast, 2019-2026. Some of the key companies operating in the global seed treatment market are BASF, Syngenta AG, Valent USA Corporation, Bayer CropScience, DuPont, Chemtura Corporation, Novozymes A/S, Monsanto, Nufarm Limited, and Sumitomo Chemical Company.

Based on type, seed treatment market is segmented into chemical seed treatment and non-chemical seed treatment, Non-Chemical seed treatment includes biological seed treatment and physical seed treatment. Based on product type, market is segmented into fungicide, insecticide, bio-control and others. Bio-control seed treatment is a fastest growing segment owing to rise in awareness and severe government regulations against chemical seed treatment. Based on crop type, market is segmented into oilseeds & pulses (cotton, soybean, sunflower and canola), cereals & grains (sorghum, corn, rice, barley and wheat) and other crop types (sugar beets & vegetables and turf-forages and alfalfa). Based on treatment method, market is segmented into seed dressing, seed coating and seed pelleting. In addition, based on application, market is segmented into seed enhancement and seed protection.

The seed treatment market is driven by increase in need for soil replenishment caused by limited crop rotation practices, followed by seed treatment as a low-cost crop protection solution, reduced risk of exceeding maximum residue limits (MRLS) and serves as insurance to seed investments. However, strict government regulations, lower margins for key industrial crops and existing ban on neonicotinoids may impact the market. Moreover, growth in innovative combination of products and increase in application in high-value crops are key opportunities for market.

Based on geography, the Asian-Pacific region dominates the global seed treatment market, followed by European region, owing to growth in number of agriculture-based economies in the region. Whereas, the North-American region is anticipated to exhibit higher growth rate due to increase in food requirement because of rapidly increasing global population over the forecast period. The global seed treatment market was valued at US $4.8 billion in 2018, and is expected to reach US $9.3 billion by 2026, growing at a CAGR of 8.1% from 2019-2026.

For More Information, refer to below link:-

Global Seed Treatment Market

Related Report:-

Global Seed Treatment Products Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Share.

Comments are closed.