Seed treatment products such as biofungicides and bioinsecticides are increasingly being adopted for their environment-friendly composition in the agriculture sector. These products help control pests and diseases during early crop growth while maintaining ecological balance. They minimize the use of chemical pesticides, prevent soil and water contamination, and increase crop resilience. The Global Seed Treatment Market Size is estimated to be valued at US$ 7.87 Bn in 2024 and is expected to exhibit a CAGR of 19% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The growing trend of sustainable agricultural practices has been a key driver of growth in the seed treatment market. Farmers are increasingly adopting eco-friendly products and methods of cultivation to produce crops in a sustainable manner with minimal environmental impact. Seed treatment products that are plant-based or derived from natural sources help meet this growing demand. They control pests and maximize yield without harming soil microbiology or polluting the surroundings. Leading agrochemical companies are innovating novel biopesticide formulations and promoting their use among farmers to boost sustainable food production worldwide. This shift towards greener solutions is expected to persist over the coming years, further propelling the demand for bio-based seed treatment options.
Segment Analysis
The global seed treatment market is dominated by the fungicide segment which accounts for around 70% market share in 2024. Fungicide seed treatments are widely used for protection against fungal and bacterial diseases which attack crops from the time of planting through emergence above ground. As diseases like damping off, seed rot, seedling blight etc. cause major losses, fungicide seed treatments provide early season protection and promote stand establishment preventing crop losses and increasing yields.
Key Takeaways
The global Seed Treatment Market is expected to witness high growth.
Regional analysis: The seed treatment market in Asia Pacific is expected to witness the fastest growth during the forecast period. Increasing population and corresponding rise in food demand are driving greater agricultural production in countries like India and China. High incidence of pests and diseases also necessitates the use of seed treatments in this region.
Key players: Key players operating in the seed treatment market are Trimble Inc., 3D Systems Inc., ShapeGrabber Inc., Creaform, Hexagon AB, GOM, 3D Digital Corp, Faro Technologies Inc., Autodesk, Inc., Topcon Corporation, and Maptek Pty Ltd. Trimble Inc. and 3D Systems Inc. have a strong product portfolio and global presence. Smaller players are focusing on innovation and niche product segments to gain market share. Partnerships between seed companies and seed treatment manufacturers are also becoming more common to integrate seed treatment offerings.
Get More Insights on This Topic: https://www.ukwebwire.com/seed-treatment-market-demand-growth-and-regional-outlook-by-2030/
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