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Global Increase in Farming Activities Boosts Seed Treatment Market

Article Description

Seed treatment refers to the application of chemical or biological active ingredients to seeds before their packaging. Seeds are coated with insecticides, fungicides, or a combination of both to with repel pests or kill them. The disinfection of seeds is necessary so as to sterilize them from soil-borne pathogenic organisms, bacteria, and storage insects. The seed treatment method is more efficient and cost effective than spraying pesticides on plants directly.   

Growth of Commercial Seeds Market Boosts Seed Treatment Market

The global seed treatment market is experiencing rapid growth due to the rising population and thus, the higher demand for seeds. The growth of the commercial seeds market (including conventional and bio-seeds) is driving the global seed treatment market. Various seed treatment methods are adopted on a wider scale as the quantity of pesticides required for seeds is comparatively less than spraying pesticides directly on plants, thus making them a cost effective solution. The reduction in the amount of pesticides required per acre of land is bolstering the demand for seed treatment. Rising developments in the field of agriculture play a significant role in the growth of the seed treatment market. Moreover, an increase in farming activities on crop lands has also benefitted the global seed treatment market.

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On the other hand, the growing restrictions and stringent regulations by the government on the use of pesticides are expected to impede the market’s growth. The environmental hazards associated with chemical pesticides may adversely affect the seed treatment market in the future.

Insecticides Dominated the Global Seed Treatment Market in 2011

The global seed treatment market is segmented on the basis of geography, crop type, and treatment type. On the basis of treatment type, the market is segmented into insecticides, fungicides, chemical treatments, and non-chemical treatments. Out of these types of treatments, the insecticide segment dominated the global seed treatment market in 2011, accounting for a sizeable share of 52.5% in the market, in terms of total revenue. The fungicides segment followed next with 34.9% of the global seed treatment market. The non-chemical treatment segment is expected to grow at the fastest rate owing to the rising demand for bio-based seed treatment due to environmental concerns. The non-chemical segment is expected to expand at a 9.9% CAGR between 2012 and 2018.

On the basis of geography, the market is segmented into Asia Pacific, North America, Europe, Latin America, and Rest of the World, of which North America was the leading market in seed treatment in 2011. North America represented a massive 42.8% of the global seed treatment market, followed by Latin America accounting for 24.2% in 2011. The market in Asia Pacific is expected to expand at a 10.2% CAGR from 2012 to 2018 due to high demand expected from countries such as India and China.

Some of the key players in the global seed treatment market include: Bayer CropScience, BASF, Syngenta, DuPont, Monsanto, Chemutra Agro solutions, Dow Agro Sciences, Sumitomo Chemical Co. Ltd, Nufarm, and Advanta India Ltd,