IMARC Group's report titled "Seed Treatment Market Report by Type (Chemical Seed Treatment, Non-Chemical Seed treatment), Application Technique (Seed Coating, Seed Dressing, Seed Pelleting, and Others), Crop Type (Corn/Maize, Soybean, Wheat, Rice, Cotton, and Others), Function (Seed Protection, Seed Enhancement, and Others), and Region 2024-2032" offers a comprehensive analysis of the industry, which comprises insights on the global seed treatment market report. The global market size reached US$ 8.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 16.6 Billion by 2032, exhibiting a growth rate (CAGR) of 7.2% during 2024-2032.For an in-depth analysis, you can refer sample copy of the report: www.imarcgroup.com/seed-treatment-market/requestsample/
Factors Affecting the Growth of the Seed Treatment Industry:
Increasing Demand for Crop Protection:
The global seed treatment market is experiencing significant growth due to the increasing demand for crop protection. With the global population steadily rising, there is a growing need to enhance agricultural productivity to ensure food security.
Advancements in Seed Treatment Technologies:
Another key driver of the global seed treatment market is the continuous advancement in seed treatment technologies. Manufacturers are investing in research and development to create innovative and more effective seed treatment formulations.
Growing Adoption of Genetically Modified (GM) Seeds:
The growing adoption of genetically modified (GM) seeds is a significant factor driving the global seed treatment market. GM seeds are engineered to exhibit resistance to pests and diseases, making them an attractive option for farmers seeking higher yields and reduced crop losses.
Leading Companies Operating in the Global Seed Treatment Industry:
Bayer AG
Syngenta Group Co. Ltd.
BASF SE
DOW Agrosciences
Dupont de Nemours Inc.
Nufarm
FMC Corporation
Arysta Lifescience
Sumitomo Chemical
UPL Ltd
Incotec
Germains
Advanced Biological Marketing Inc
Seed Treatment Market Report Segmentation:
By Type:
Chemical Seed Treatment
Non-Chemical Seed treatment
By Application Technique:
Seed Coating
Seed Dressing
Seed Pelleting
Others
By Crop Type:
Corn/Maize
Soybean
Wheat
Rice
Cotton
Others
By Function:
Seed Protection
Seed Enhancement
Others