The Italy seed treatment market is projected to register a CAGR of 8.2% during the forecast period 2020-2025. Seed Treatments are an excellent example of how the seed industry and crop protection industry are innovating for the future of modern agriculture. Growing population and the need to meet the food requirement increasing productivity is inevitable. By origin, the non-chemical or bio-based seed treatment is growing at the fastest rate during the forecast period due to the shift in preference for organic products. European Seed Treatment Assurance Scheme (ESTA) is a quality assurance system to ensure that seed treatment and the resulting treated seed meet requirements defined by legislators and industry. The move comes as the seed industry seeks to preserve essential plant protection products, protect the environment, and to maintain international trade and ensure on-going investment. Several big players, like Syngenta International AG, Bayer CropScience AG, Philagro France, Germains Seed Technology, and few others, occupy a major portion of the market studied.
Key Market Trends
Decreasing Arable Land
The growing population and rising demand for food have accelerated the practice of seed treatment to increase productivity. The demand for treated seeds is high in Italy, as cereal crops, like maize, barley, and fruits and vegetables, like grapes and sugar beet, are cultivated on a large scale in the country. According to the Food and Agriculture Organization, the area cultivated under various crops are declining year after year and in order to meet the increasing demand, farmers had to implement the seed treatment methodology in order to sustain with a considerable return on investment. The regulatory uncertainty of the product approvals and doubts regarding their efficacy and environmental concerns arising from the usage of chemical products has hampered the growth of these products across the world. The organic methods of farming and GM crops are seen as threat to the seed treatment market. Also with growing demand for biological treatment are seen as threat to chemical seed treatment.
Biological Seed Treatment is Dominating the Market
The national plan for organic agriculture and organic produce was developed by the Ministry of Agriculture and Forestry Policies (MiPAAF) whichi is assisting the increasing organic land area in Italy. The demand for the organic farming market in Europe countries like Italy is increasing the demand for non-chemical seed treatment products and European Union legislation on organic farming and other regulations apply in Italy. Ban of GMO seeds and demand for higher yield is encouraging the seed treatment practice. In May 2018, the European Union adopted the regulation to completely ban the outdoor usage of imidacloprid, clothianidin, and thiamethoxam. This development is expected to affect the market for these pesticides in the European region. The Italian market has grown steadily over the past few years, with the financial crisis having no significant effect on it. It is estimated that most of the organic products consumed in the country are produced domestically. Hence the increasing organic farmland in the country is anticipated to increase the Biological seed treatment market in the country studied during the forecast period.
Competitive Landscape
The seed treatment market in Italy is highly consolidated. Several big players, like Syngenta International AG, Bayer CropScience AG, Philagro France, Germains Seed Technology and few others, occupy a major portion of the market studied, having a diverse and increasing product portfolio. Companies are focusing majorly on new product launches, mergers, and acquisitions, which help in increasing their market shares. The development of bio-based seed treatment products has massive potential for expansion during the forecast period, with advantages, like environmental sustainability and lesser regulations for development, and the launch of new products.
Reasons to Purchase this report:
Key Market Trends
Decreasing Arable Land
The growing population and rising demand for food have accelerated the practice of seed treatment to increase productivity. The demand for treated seeds is high in Italy, as cereal crops, like maize, barley, and fruits and vegetables, like grapes and sugar beet, are cultivated on a large scale in the country. According to the Food and Agriculture Organization, the area cultivated under various crops are declining year after year and in order to meet the increasing demand, farmers had to implement the seed treatment methodology in order to sustain with a considerable return on investment. The regulatory uncertainty of the product approvals and doubts regarding their efficacy and environmental concerns arising from the usage of chemical products has hampered the growth of these products across the world. The organic methods of farming and GM crops are seen as threat to the seed treatment market. Also with growing demand for biological treatment are seen as threat to chemical seed treatment.
Biological Seed Treatment is Dominating the Market
The national plan for organic agriculture and organic produce was developed by the Ministry of Agriculture and Forestry Policies (MiPAAF) whichi is assisting the increasing organic land area in Italy. The demand for the organic farming market in Europe countries like Italy is increasing the demand for non-chemical seed treatment products and European Union legislation on organic farming and other regulations apply in Italy. Ban of GMO seeds and demand for higher yield is encouraging the seed treatment practice. In May 2018, the European Union adopted the regulation to completely ban the outdoor usage of imidacloprid, clothianidin, and thiamethoxam. This development is expected to affect the market for these pesticides in the European region. The Italian market has grown steadily over the past few years, with the financial crisis having no significant effect on it. It is estimated that most of the organic products consumed in the country are produced domestically. Hence the increasing organic farmland in the country is anticipated to increase the Biological seed treatment market in the country studied during the forecast period.
Competitive Landscape
The seed treatment market in Italy is highly consolidated. Several big players, like Syngenta International AG, Bayer CropScience AG, Philagro France, Germains Seed Technology and few others, occupy a major portion of the market studied, having a diverse and increasing product portfolio. Companies are focusing majorly on new product launches, mergers, and acquisitions, which help in increasing their market shares. The development of bio-based seed treatment products has massive potential for expansion during the forecast period, with advantages, like environmental sustainability and lesser regulations for development, and the launch of new products.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
Table of Contents
1 INTRODUCTION
4 MARKET DYNAMICS
5 MARKET SEGMENTATION
6 COMPETITIVE LANDSCAPE
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ADAMA Agricultural Solutions Ltd
- Advanced Biological Marketing Inc.
- BASF SE
- Bayer CropScience AG
- DuPont de Nemours Inc.
- Almo S.P.A
- Monsanto Company
- Nufarm Limited
- Syngenta International AG
- Sumitomo Chemical Co. Ltd
- FMC Corporation
Methodology
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