Latest News- Seed Treatment Market: Oilseeds is expected to lead the Crop Type segment during 2024-2028

The Seed Treatment Market is being driven by Rising awareness regarding seed-applied technologies

The Seed Treatment Market is expected to grow at a CAGR of 7.81% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 3060.8 million. The global seed treatment market is witnessing significant growth, with key players adopting strategic initiatives such as acquisitions, partnerships, and collaborations to expand their offerings and capture larger market shares. Notable companies in this industry are actively seeking alliances to broaden their product portfolios and cater to diverse customer needs. For instance, in January 2023, EVOIA entered into a partnership with Albaugh LLC. to incorporate liquid biochar extract technology into their seed treatment solutions. This collaboration resulted in the development of innovative products like AmpliFYR, enabling Albaugh LLC. to strengthen its position in the customized seed treatment segment and reaffirm its commitment to delivering advanced, market-leading solutions. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Crop Type
  • Oilseeds
  • Cereals and grains
  • Fruits and vegetables
• Type
  • Chemical
  • Non-chemical
• Geography
  • North America
    • US
  • APAC
    • China
    • India
  • Europe
    • France
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rising awareness regarding seed-applied technologies
• Growing demand for treated seeds from developing countries
• Focus on high-yielding production from treated seeds

However, the market also witnesses some limitations, which are as follows:

• Ban on chemical-based seed treatment solutions
• Increasing health concerns
• Regulatory laws and obligations for seed treatment

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Market Scope in Seed Treatment Market Research Report

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Research Analysis Overview

The seed treatment market plays a crucial role in enhancing crop production by fortifying seeds with protective agents against pests, insects, and soil-borne infections. This process boosts leaf and fruit strength, seed viability, and resistance to environmental stressors. Agricultural products like corn, soybean, wheat, and canola benefit from seed treatments, reducing germination time and enhancing productivity and crop yield. Integrated pest management practices and organic farming methods incorporate seed treatments, while bio-based seeds and climate change pose new challenges. Crop protection activities using living organisms are also gaining popularity in this market.

Market Research Overview

The Seed Treatment Market encompasses businesses specializing in the production of seed treatments, including crop protection chemicals, agricultural chemicals, fungicide applications, insecticide solutions, biological pest control, seed coating technologies, microbial protection, soil disease prevention, pest management solutions, fertilizer treatments, bio-based plant protection, plant growth stimulants, plant health products, organic agricultural solutions, and soil health management. According to Technavio, the market size is determined by the revenues generated by manufacturers of these seed treatment offerings. Factors fueling the expansion of the Seed Treatment Market include the increasing number of product innovations, with vendors continually launching new solutions to enhance their offerings.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/