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Global Seed Treatment Fungicides Market Size By Crop Type (Grains and Cereals, Pulses and Oilseeds), By Type (Synthetic and Biological), By Application Technique (Seed Dressing, Seed Coating), By Form (Liquid and Powder), By Geography Scope And Forecast
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Seed Treatment Fungicides Market Size And Forecast
Seed Treatment Fungicides Market size is estimated to be worth USD 1334.7 Million in 2022 and is forecast to a readjusted size of USD 1900 Million by 2030 with a CAGR of 5.2% from 2023 to 2030.
Expanding usage of seed treatment solutions on expensive GM seeds, increase in the area under GM crops, improving crop demand for biofuel and feed, and the application of fungicides as a low-cost crop protection solution is intensifying the market for Seed Treatment Fungicides, globally. The Global Seed Treatment Fungicides Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Seed Treatment Fungicides Market Definition
Plant pathogens are transmitted to plants via seeds which further transform into plant disease. Plant pathogens are either seed-borne or inherent into the seed as contaminants. These pathogens may create Seed abortion, seed necrosis, seed rot, etc. which can adversely affect the plant growth in later stages. Plant-related diseases often spread through fungi, which would result in a deficiency in the yield.
Seed treatment can be done by a different process like biological, chemical, etc. Thus, the healthy seedling can be achieved by the treatment of seed-borne pathogens. Usually, different fungicides are used for the treatment of seeds due to diseases led by fungi. Methods such as seed dressing, seed coating, and seed pelleting are applied for seed treatment via fungicides. Seed Treatment Fungicides are used for the treatment of various crop types such as grains, oilseeds, pulses, and others.
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Global Seed Treatment Fungicides Market Overview
The increasing prevention of plant diseases is driving the Global Seed Treatment Fungicides Market. The most reliable way to have great production in agriculture is by blocking the plants from diseases in which Seed Treatment Fungicides play a very important role. To keep a healthy garden environment plants, need to be prevented from fungus, and to do so we need to keep pruning equipment clean and in good repair.
Moreover, governments globally are focusing on increasing their agriculture sector. Whereas Governments regulations such as Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) by the Indian Government will help to grow the agriculture sector. These factors have anticipated driving the growth of the Global Seed Treatment Fungicides Market. There are certain reserves and limitations endured that will restrict the overall market growth factors.
The factors such as lockdowns, logistical disturbances, reduced production, and associated economic impacts of COVID-19 are the potential restraints hampering the overall growth of the Global Seed Treatment Fungicides Market. Nevertheless, the constant improvements in technologies and untapped potential in emerging markets offer favorable growth opportunities.
Global Seed Treatment Fungicides Market: Segmentation Analysis
The Global Seed Treatment Fungicides Market is Segmented on the basis of Crop Type, Type, Application Technique, Form, And Geography.
Seed Treatment Fungicides Market, By Crop Type
- Grains and Cereals
- Pulses and Oilseeds
- Others
Based on Crop Type, the market is segmented into Grains and Cereals, Pulses and Oilseeds, and Others. The cereals & grains segment continues to be the largest market share during the forecast years. The factors that can be attributed to the rise in demand for agricultural production, and increasing demand from downstream markets in the food & beverage are accelerating the demand for this segment.
Seed Treatment Fungicides Market, By Type
- Synthetic
- Biological
Based on Type, the market is segmented into Synthetic and Biological. The biological segment holds the largest market share during the forecast period. The factors that can be attributed as it is an eco-friendly method for crop protection; consumers also show a preference for these fungicides as they are obtained from natural resources are driving the demand for this segment.
Seed Treatment Fungicides Market, By Application Technique
- Seed Dressing
- Seed Coating
- Seed Pelleting
Based on the Application Technique, the market is segmented into Seed Dressing, Seed Coating, and Seed Pelleting. The seed dressing segment holds the largest market share during the forecast period. The factors that can be attributed to the low-cost technique compared to other techniques (such as coating and pelleting), it is economical to use on low-cost cereals and grains are fueling the demand for this segment.
Seed Treatment Fungicides Market, By Form
- Liquid
- Powder
Based on Form, the market is segmented into Liquid and Powder. The powder segment holds the largest market share during the forecast period. The factors that can be attributed to the growing use of powder form advanced farming technologies which ensure safe and reliable application of seed treatment formulas enhance the demand for this segment.
Seed Treatment Fungicides Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
On the basis of Geography, the Global Seed Treatment Fungicides Market is classified into North America, Europe, Asia Pacific, and Rest of the world. South America holds the largest market share. The increased area under major seed treatment crops, such as corn and soybean, demand for seed treatment products, and ongoing projects will boost the market in the South American region.
Key Players
The “Global Seed Treatment Fungicides Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Adama Agricultural Solutions Ltd., Bayer Cropscience, Sumitomo Chemical Company, BASF, Platform Specialty Products Corporation, Syngenta, Novozymes A/S, EI DuPont De Nemours and Company, FMC Corporation, Monsanto, and Nufarm Limited.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the global Seed Treatment Fungicides Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. The porter’s five forces model can be used to assess the competitive landscape in Seed Treatment Fungicides Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD |
2019-2030 |
| BASE YEAR |
2022 |
| FORECAST PERIOD |
2023-2030 |
| HISTORICAL PERIOD |
2019-2021 |
| UNIT |
Value (USD Million) |
| KEY COMPANIES PROFILED |
Adama Agricultural Solutions Ltd., Bayer Cropscience, Sumitomo Chemical Company, BASF, Platform Specialty Products Corporation |
| SEGMENTS COVERED |
By Crop Type, By Type, By Application Technique, By Form, And By Geography |
| CUSTOMIZATION SCOPE |
Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
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Research Methodology of Market Research:
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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