Report Description
A recent market
intelligence report that is published by Data Insights Partner on the
global Seed Treatment Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international Seed Treatment Market. The research also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and global Seed
Treatment Market over the short as
well as long period of time. A detailed presentation of forecast, trends, and
dollar values of global Seed Treatment Market is offered. In accordance with the report, the global
Seed Treatment Market is projected to
expand by healthy CAGR over the period
of forecast.
Market Insight, Drivers, Restraints,
Opportunity & Trends of the Market:
Definition
The
application process of chemical, physical and biological mixtures with the aim
of improving the productivity of soil and seed and enhance agricultural
production is called seed treatment. The disinfection of crops from seed borne
and soil borne organisms that are averse to crop health is the main function of
seed treatment. Seed treatment has an edge over traditional techniques like
spraying methods since they are lesser labor-intensive and cost-effective.
Market Drivers
The
surging population and the need to feed to feed the ever-increasing number of
mouths coupled with the necessity to improve crop yield is driving the seed
treatment market.
The
seed treatment market is gaining momentum owing to its capability to improvise
the seeds in their initial stages. It not only acts as a seed enhancer and
protects the seed in the initial stages and reduces the germination time but
also emits the adverse influence of soil pathogens and other infections to
adversely affect the seed health. It does away with the potentiality of a seed
and converts it into a seedling.
The
soaring awareness among the farmers and their community with regard to the
positive side of seed treatment utilization in the agricultural process coupled
with the cost advantage of seed treatment procedure over chemical treatment is
fueling the growth of the seed treatment market.
Supportive
policies of the government aimed towards the widespread incorporation of seed
treatment methods in the agricultural crop production process to enhance
productivity and yield is empowering the growth of this market.
Also,
the growing production of corn owing to its soaring demand as a biofuel is
augmenting the growth of this market. Depleting non-renewable resources and
growing demand for energy and energy conservation attitudes is indirectly
bolstering the growth of this market.
Finally,
the adverse climatic conditions and its adverse influence on agricultural
activities especially in the less-developed economies is hampering the crop
yield. Seed Treatment aids in getting rid of the impact of climatic adversities
on agriculture which is further fostering the growth of seed treatment market.
Market Restraints
Seed
treatment involves the usage of a variety of chemicals like pesticides,
insecticides and fertilizers that has to be handled with immense care. This
factor is taking a toll on the growth prospects of this market.
The
low profit margin of the agricultural producers due to several economical
bottlenecks coupled with the adherence to stringent regulations of the
regulatory bodies over the utilization of seed treatment methods is retarding
the growth of this market.
The
possibility of replacing seed treatment with other methods like fertility
management, crop rotation and plantation of certified seeds is hampering the
growth of this market.
The
significance of climatic conditions in agricultural production and the rising
tendency of climatic emergencies like floods, landslides, hurricanes and
extreme weather conditions is impeding the growth prospects of the seed
treatment market.
The
bottlenecks associated with preserving treated seeds for a long time especially
for soybean is threatening the growth of seed treatment market.
Opportunities
Increasing
research and development of seed treatment methods and the integration of both
biological-biological and chemical-biological components in seed treatment
methods is a lucrative opportunity to this market operators.
Soaring
production of agricultural commodities and production of high-quality crops is
a good stepping stone for this market.
The
inclination towards the adoption of sustainable farming projects as a part of
some of the sustainable programs of the government and different agencies is a
good set of circumstances for this market. the importance of adopting non-chemical
seed treating procedures is a good opportunity for this market.
The
thriving food industry, increasing attitude of environmental preservation and
food safety concerns are some of the great opportunities to kickstart operation
in this market.
Trends
The
Asia Pacific region is expected to showcase significant growth in this market
in the forecast period owing to the widespread agricultural activities in this
region, the emerging application of biological seed treatment in this region,
and establishment of structural systems for the manufacturing and sales of seed
treatment in some parts of this region. Europe is expected to hold a dominant
share of this market in forecast period. This can be traced back to the craze
for organic farming consequent from the inclination towards non-chemical
process of seed treatment and the ban on non-GMO products. Globally, the seed
treatment market is expected to grow at a CAGR of 7.8%.
Segment Covered:
This market
intelligence report on the global Seed Treatment Market encompasses market segments based on product type, function,
application technique, stages of seed treatment and country.
By
Product Type the global Seed Treatment Market has been divided into:
q Biologicals
q Synthetic
Chemicals
By Functions the global Seed
Treatment Market has been divided into:
q Seed
Enhancement
q Seed
Protection
By Application
Techniques the global Seed Treatment Market has been divided into:
q Seed
Pelleting
q Seed
Dressing
q Seed
Coating
By Stages of
Seed Treatment the global Seed Treatment Market has been divided into:
q Off-Farm
q On-Farm
By country/region,
the global Seed Treatment Market has been divided into:
q North
America (the U.S., Canada),
q Latin
America (Brazil, Mexico, Argentina and other countries),
q Europe
(Germany, France, the U.K., Spain, Italy, Russia, and other countries),
q Asia
Pacific (India, Japan, China, Australia and New Zealand and other countries),
q Middle
East and Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as:
q BASF SE
q Adama
Agricultural Solutions Ltd
q Corteva
Agriscience
q Bayer
AG
q Syngenta
AG
q EastMan
Chemicals
q Croda
International
q UPL Ltd
q FMC
Corporation
q Globachem
others have been
profiled into detail so as to offer a glimpse of the market leaders. Moreover,
parameters such as Seed Treatment Market related investment & spending and developments by
major players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, IGR-Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Few Recent Developments
BASF SE
In October 2019,
ILeVO was launched by BASF SE. It is a brand-new fungicide and an immensely
effective seed treatment aimed at managing canola blackleg for Australian
Canola producers.
Adama Agricultural Solutions Ltd
In November
2019, Jiangsu Huifeng Bio Agriculture Co., Ltd and Adama Agricultural Solutions
Ltd entered into joint venture aimed towards the economization of formers crop
protection products especially in the market at China.
Corteva Agriscience
In March 2020, Lumivia
CPL was launched by Corteva Agriscience. It is a non-neonicotinoid-based seed
treatment product for lentils, peas, and cereals that adopts new actions to
control pests.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Seed
Treatment Market, size of the
market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of
forecast: 2020-2028, taking into account 2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, competitive market strategies of leading market players,
emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Seed Treatment Market is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of Type of models, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Seed Treatment caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Seed
Treatment Market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the investment
opportunities in the Seed Treatment Market
v
Identification
of key factors driving investment opportunities in the Seed
Treatment Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants