In terms of revenue, the global seed treatment market is expected to surpass US$ 9.8 billion by the end of 2027, with a CAGR of 9.2% over the forecast period (2020 to 2027).

Seed treatment protects the seed against insects, diseases, and other pests effectively. Furthermore, seed treatment aids in the formation of healthy and high-quality seeds. It has been shown to be a more cost-effective alternative than traditional spraying because it is less labor-intensive and increases overall production.

Drivers

The Seed Treatment Market is predicted to expand in popularity as maize production rises in response to the rising demand for biofuels. The Seed Treatment Market for seed treatment is predicted to develop in response to the rising demand for biofuels and the need to conserve energy. Increasing fungal growth as a result of changing climatic conditions is likely to propel the seed treatment market forward over the forecast period.

The seed market is predicted to rise in response to the world's growing population. According to the United Nations, the global population is predicted to reach 9.1 billion people by 2050, which would increase global food demand. Seed treatment market expansion is predicted to be aided by an increase in worldwide farming along with the expanding application of seed treatment to both GMO and normal seed.

Restriction on the Market

The danger concern linked with the usage of chemicals in seed treatment is projected to stifle the seed treatment market's expansion. Herbicides, insecticides, pesticides, and other chemicals are used to treat seeds, and these substances must be handled with caution.

Seed treatment market expansion is likely to be hampered by the poor margins for key crop producers as a result of several economic issues. Furthermore, due to the presence of different dangerous chemicals, rigorous rules on the use of seed treatment are projected to limit the market growth.

Section of Competition

Syngenta, Bayer CropScience AG, Monsanto, BASF, Advanta India Ltd, Dow Agro Sciences, DuPont, Nufarm Ltd., Chemtura Agro Solutions, and Sumitomo Chemical Co. Ltd. are among the major competitors in the global seed treatment industry.


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