Seed Treatment Market - Global Growth, Trends and Forecasts (2017 - 2023)

  • ID: 4434736
  • Report
  • Region: Global
  • 192 pages
  • Mordor Intelligence
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FEATURED COMPANIES

  • Basf Se (Germany)
  • Dupont (United States)
  • Nufarm Ltd (Australia)
  • Verdesian Life Sciences
  • MORE
Seed Treatment Market Insights

Seed treatment is the application of chemical ingredients or biological organisms to seeds, which enables seed protectionby suppressing, controlling or repelling plant pathogens, insects, or other pests that attack seeds, seedlings or plants. This treatment also enables seed enhancement, by improving its performance post harvesting and conditioning, before the seeds are sown. Seed applied technologies, such as inoculants, herbicide safeners, micronutrients, plant growth regulators, seed coatings and colorants, among others, can also be used for the seeds.

The global seed treatment market is, currently, witnessing a steady growth, due to the increasing scope of application in the seed industry. This market was valued at USD 5,100.37 million in 2017 and is expected to reach USD 8415.9 million by 2023, with a CAGR of 10.53% during the forecast period.

Market Dynamics

Factors driving the global seed treatment market are the increase in the cost of high-quality seeds, such as GM seeds and hybrid seeds, high limitations associated with soil and foliar application of crop protection products, cost-effectiveness of seed treatment and encouraging government regulations & campaigns. While rapid growth would be witnessed in the coming years, a few factors, such as the increasing role of the use of chemicals, which is adversely affecting the environment, low adoption rate among farmers, limited dose capacity, low protection and shelf-life of treated seeds and phytotoxicity associated with use of seed treatment chemicals, are hindering the market growth. The untapped Asia-Pacific market and the increasing use of biological seed treatment agents are fostering the growth of the seed treatment chemicals market, which is expected to increase in the coming years.

Market Segmentation

The seed treatment market is segmented by application, function, crop type and application technique. The biological seed treatment market is expected to witness the fastest growth, with a CAGR of 12.5% over the forecast period. Some of the commercially available biological seed treatment agents are as follows:
By function, the seed treatment market is segmented into seed protection and seed enhancement, with the seed protection segment occupying the largest market share. Insecticides, fungicides, and others constitute the important segments in seed protection market, in which insecticides is the largest segment, with a market value of USD 1,621.2 million, in 2016. By crop type, the market is segmented into grains & cereals, oilseeds, vegetables and others, with grains and cereals occupying the largest market share and corn dominating the grains and cereals market. By application type, the market is segmented into seed coating, seed pelleting, seed dressing and others. By geography, North America occupies the largest market share followed by Europe. Asia-Pacific is expected to witness the fastest growth over the forecast period.

Major Companies in the Sector Include:
Adama Agricultural Solutions Ltd (Formerly Makhteshim Agan Industries Ltd) (Israel)Valent USA Corporation (United States)BASF Se (Germany)Bayer Cropscience Ag (Germany)Incotec Group Bv (The Netherlands)
Recent Industry Insights

Top players in the seed treatment market are adopting strategies, such as mergers, acquisitions, and new product launches to maintain and strengthen their foot hold in the seed treatment market. In February 2017, Marrone Bio Innovations, Inc.and Groundwork Bio
Ag, Ltd. (Groundwork) announced successful seed treatment field trials of the world’s first all-biological comprehensive seed treatment. Corn and soybean crops were treated under this trial, with mycorrhizal inoculant from Groundwork and bio-insecticide, a bio-nematicide, and a bio-fungicide from Morrone.

Among various crops, where seed treatment holds significance, new products with latest technologies were developed extensively for corn in recent years. Bio
Ag Alliance announced the introduction of new corn seed treatment microbial product, named Acceleron B-300 SAT. Understanding the significance of bio-based products, Albaugh, LLC, a leading provider of crop protection products and seed treatment technology, launched a new biological seed treatment platform in 2017, named BIOST™, which enhances crop performance and return on investment of the growers, when combined with traditional seed treatment methods.

Key Deliverables in the Study
Analysis of the global seed treatments market, with region-specific assessments and competition analysis.
Overview, identification and analysis of the macro and micro factors that affect the global seed treatments market and instrumental in changing the market scenario on, both, global and regional scale.
Extensively researched competitive landscape section with profiles of major companies and their market share, along with an analysis of their current strategic interests and financial information and strategies adopted by them to sustain and grow in the studied market.

The report holds importance for the following stakeholders -Producers and manufacturers
Agricultural input companies
Enterprises operating in the industry
Traders and stakeholders operating in the sector
Investors/research institutions interested in the market

Customization Options:
Supply chain analysis
Regulatory framework
Trade analysis
Trend analysis
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Basf Se (Germany)
  • Dupont (United States)
  • Nufarm Ltd (Australia)
  • Verdesian Life Sciences
  • MORE
1. Introduction
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Market Definition

2. Research Approach & Methodology
2.1 Introduction
2.2. Analysis Methodology
2.3 Study Phases
2.3.1 Secondary Research
2.3.2 Discussion Guide
2.3.3 Econometric Modelling
2.3.4 Expert Validation
2.3.5 Study Timeline

3. Key Findings of the Study

4. Market Overview
4.1 Drivers
4.1.1 Rise in the Cost of High Quality Seeds
4.1.2 Increasing Limitations Associated With Soil/Foliar Application
4.1.3 Cost Effective Method
4.1.4 Encouraging Government Regulations and Campaigns
4.2 Constraints
4.2.1 Increasing Concerns for the Environment
4.2.2 Low Adoption Rates Among Farmers
4.2.3 Limited Dose Capacity, Limited Protection and Shelf Life of Treated Seeds
4.2.4 Phytotoxicity
4.3 Opportunities
4.3.1 Untapped Asia-Pacific Market
4.3.2 Biological Seed Treatment Agents Fostering Growth
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition

5. Market Segmentation
5.1 by Application
5.1.1 Chemical
5.1.2 Biological
5.2 by Function
5.2.1 Seed Protection
5.2.1.1 Insecticide
5.2.1.2 Fungicide
5.2.1.3 Others
5.2.2 Seed Enhancement
5.3 by Crop Type
5.3.1 Grains and Cereals
5.3.1.1 Rice
5.3.1.2 Corn/Maize
5.3.1.3 Wheat
5.3.1.4 Others
5.3.2 Oil Seeds
5.3.2.1 Groundnut
5.3.2.2 Sunflower
5.3.2.3 Soybeans
5.3.2.4 Cotton
5.3.2.5 Others
5.3.3 Vegetables
5.3.3.1 Tomato
5.3.3.2 Potato
5.3.3.3 Brinjal
5.3.3.4 Others
5.3.4 Others
5.4 by Application Techniques
5.4.1 Seed Coating
5.4.2 Seed Pelleting
5.4.3 Seed Dressing
5.4.4 Others
5.5 by Geography
5.5.1 North America
5.5.1.1 United States
5.5.1.2 Canada
5.5.1.3 Mexico
5.5.1.4 Others
5.5.2 Europe
5.5.2.1 Spain
5.5.2.2 United Kingdom
5.5.2.3 France
5.5.2.4 Germany
5.5.2.5 Russia
5.5.2.6 Italy
5.5.2.7 Others
5.5.3 Asia-Pacific
5.5.3.1 China
5.5.3.2 Japan
5.5.3.3 India
5.5.3.4 Australia
5.5.3.6 Others
5.5.4 South America
5.5.4.1 Brazil
5.5.4.2 Argentina
5.5.4.3 Others
5.5.5 Row

6. Competitive Landscape
6.1 Market Share Analysis
6.2 Strategies Adopted by Leading Players
6.3 Most Active Companies

7. Company Profiles
7.1 Adama Agricultural Solutions Ltd (Formerly Makhteshim Agan Industries Ltd) (Israel)
7.2 Valent Usa Corporation (United States)
7.3 Basf Se (Germany)
7.4 Bayer Cropscience Ag (Germany)
7.5 Bioworks Inc (United States)
7.6 Syngenta International Ag (Switzerland)
7.7 Incotec Group Bv (The Netherlands)
7.8 Dupont (United States)
7.9 Monsanto Company (United States)
7.10 Verdesian Life Sciences
7.11 Nufarm Ltd (Australia)
7.12 Plant Health Care (United Kingdom)
7.13 Precision Laboratories Llc (United States)
7.14 Germains Seed Technology (United Kingdom)
7.15 Advanced Biological Marketing Inc. (United States)

8. Appendix
8.1 Sources
8.2 Bibliography
8.3 Disclaimer
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  • Adama Agricultural Solutions Ltd (Formerly Makhteshim Agan Industries Ltd) (Israel)
  • Valent Usa Corporation (United States)
  • Basf Se (Germany)
  • Bayer Cropscience Ag (Germany)
  • Bioworks Inc (United States)
  • Syngenta International Ag (Switzerland) Incotec Group Bv (The Netherlands)
  • Dupont (United States)
  • Monsanto Company (United States)
  • Verdesian Life Sciences
  • Nufarm Ltd (Australia)
  • Plant Health Care (United Kingdom)
  • Precision Laboratories Llc (United States)
  • Germains Seed Technology (United Kingdom)
  • Advanced Biological Marketing Inc. (United States)
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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