Reports And Data

Seed Treatment Market Size – USD 9.50 Billion in 2019, Growth - CAGR of 10.3%, Trends – Increasing adoption of Biological seed treatment.

NEW YORK CITY, NY, UNITED STATES, February 15, 2022 /EINPresswire.com/ -- The global Seed Treatment Market is forecast to reach USD 20.78 Billion by 2027, according to a new report by Reports and Data. The growing demand from emerging markets will help the Seed Treatment Market to maintain a stable growth rate over the forecast period. The adoption of modern farming techniques will provide strength to the Seed Treatment Market and will also help in its growth over the forecasted period.

Due to the pandemic, there are high chances of disruption in the supply chain and influence ingredients and raw material supplies. The financial crisis can let people shrink down their expenses, which can lead to a decrease in the demand of the food industry, adversely affecting the seed treatment market. Though food demand is inelastic, but there can be a change in the dietary patterns of the consumers. While the above reasons can lead to a negative impact, the inelasticity of demand for food will significantly result in the industry's growth. Due to the COVID-19, the seed treatment industry manufacturers are adopting safety regulations and strategies, which may result in the industry's growth over the forecast period.

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Key participants include:
Syngenta International AG, BASF SE, Bayer CropScience AG, ADAMA Agricultural Solutions, UPL Limited, DuPont, Monsanto Company, Germains Seed Technology, Sumitomo Chemical Co., Ltd and Nufarm Limited, among others.

Further key findings from the report suggest

The increasing demand in the agricultural sector for food grains and scarcity of the arable lands is driving the growth of the market. Increasing awareness among consumers regarding the environment and health have boosted the market.

The government of several countries has restricted the use of chemical pesticides and is encouraging using biological seed treatment products. They are taking initiatives to promote the benefits of biological seed treatment products and providing grants for the research and development of seed treatment products.

The market in the Asia Pacific is expected to grow at a CAGR of 10.7% over the forecast period making it the fastest-growing region in the seed treatment market. In order to minimize the use of excessive pesticides, there is a significant demand for seed treatment.

The seed treatment market is adopting some wiser strategies in order to say competitive in between the growing demand for the products. Collaborations have been observed between prominent brands in order to increase their product portfolio and enter new markets. In order to hold the position of the products in the competitive market, companies are adopting effective marketing and branding strategies.

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For the purpose of this report, Reports and Data have segmented the global Seed Treatment Market on the basis of type, crop type, application technique, function, and region:

Type Outlook (Revenue, USD Billion; 2017-2027)
Chemical Seed Treatment (Insecticides, Fungicides, and others)
Biological Seed Treatment (Biopesticides, Biofertilizers, and others)

Crop Type Outlook (Revenue, USD Billion; 2017-2027)
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Others

Application Technique Outlook (Revenue, USD Billion; 2017-2027)
Seed pelleting
Seed Coating
Seed Dressing
Others

Function Channel Outlook (Revenue, USD Billion; 2017-2027)
Seed Protection
Seed Enhancement

To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/seed-treatment-market

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The study throws light on the Seed Treatment market mainly focusing on the growth factors and even the restraining factors. The restraining factors are also provided with the best solutions which also prove to be a counteract to the drawback and help increase the market demand. Applications, types, technology and many other segmentations are studied to give a depth of knowledge for further market investment. Key driving forces for Seed Treatment market is explained to help give an idea for a detailed analysis of this market.

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Regional Outlook (Revenue, USD Billion; 2017-2027)
North America
Europe
Asia Pacific
Latin America
MEA

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About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

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