Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 4.32 Billion | USD 6.92 Billion | 5.37% | 2023 |
According to Zion Market Research, the global Seed Treatment Chemicals Market was worth USD 4.32 Billion in 2023. The market is forecast to reach USD 6.92 Billion by 2032, growing at a compound annual growth rate (CAGR) of 5.37% during the forecast period 2024-2032.
The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Seed Treatment Chemicals industry over the next decade.
Seed treatment chemical in farming or horticulture is used for treating seeds with fungicides before planting them. Sometimes, insecticides are added to the seeds for sustaining against diseases and pests. Furthermore, treating seeds with chemicals like pesticides can prove to be eco-friendly way as only tiny proportions of chemicals are required for seed treatment.
In Global Seed Treatment Chemicals Market Report, Seed treatment is one of the popular crop protection techniques available in recent times and it helps in better crop establishment. Furthermore, it helps in healthy seed germination and offers protection against seed-borne and soil-borne ailments are reduced costs. This, in turn, will drive the market growth over the coming years. Additionally, with low proportion of chemicals for treating seeds helps in protecting them against many kinds of fungi as well as rodents or pests. Furthermore, genetically modified seeds that offer protection against seed damaging pests are more expensive as compared to seed treatment active ingredients and this will create new growth avenues for the market over the forecasting years.
Moreover, seed treatment helps in reducing germination time, improving soil productivity, and crop output. With huge demand for fruits & vegetables, the global farming sector is set to witness substantial growth over the forecast timespan and this will culminate into humungous growth of market over the forthcoming years.
The growth of the market in the sub-continent over the forecast timeline is attributed to surge in the introduction of new technologies in farming sector in the countries like India and China. In addition to this, the need for arable land and requirement for high crop yield across the densely populated countries of the sub-continent will increase the product penetration in the region, thereby increasing the market size in Asia Pacific.
Report Attributes | Report Details |
---|---|
Report Name | Seed Treatment Chemicals Market |
Market Size in 2023 | USD 4.32 Billion |
Market Forecast in 2032 | USD 6.92 Billion |
Growth Rate | CAGR of 5.37% |
Number of Pages | 110 |
Key Companies Covered | Germains Seed Technology, Platform Specialty Products Corporation, Nufarm Limited, FMC Corporation, DowDuPont Inc., BASF SE, UPL Limited, Syngenta AG, Bayer AG, and Valent U.S.A. LLC. |
Segments Covered | By Type, By Function, By Crop Type, By Application Technique And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Key players profiled in the report are-
Global Seed Treatment Chemicals Market By Type
By Function
By Crop Type
By Application Technique
FrequentlyAsked Questions
Seed treatment is one of the popular crop protection techniques available in recent times and it helps in better crop establishment. Furthermore, it helps in healthy seed germination and offers protection against seed-borne and soil-borne ailments are reduced costs. This, in turn, will drive the market growth over the coming years.
compound annual growth rate (CAGR) of 5.37% during the forecast period 2024-2032
Asia Pacific is likely to make noteworthy contributions towards overall market revenue.
The key players profiled in the report include Germains Seed Technology, Platform Specialty Products Corporation, Nufarm Limited, FMC Corporation, DowDuPont Inc., BASF SE, UPL Limited, Syngenta AG, Bayer AG, and Valent U.S.A. LLC.
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