The Seed Treatment Global Market Report 2023, provides comprehensive information on the seed treatment market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Seed Treatment Global Market Report 2023, the global seed treatment market size is expected to grow from $10.06 billion in 2022 to $11.10 billion in 2023 at a compound annual growth rate (CAGR) of 10.32%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global seed treatment market size is expected to reach $16.64 billion in 2027 at a CAGR of 10.64%.
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Product innovations are a key trend gaining popularity in the seed treatment market. Major companies operating in the seed treatment market are innovating new products to sustain their position in the market. For instance, in May 2022, Bayer AG, a Germany-based pharmaceutical company, launched the Routine Start 280FS, an innovative seed treatment that helps farmers overcome rice blast (leaf blast) issues for greater yields. In order to increase crop yield and resource efficiency for rice farmers, a new seed treatment solution was developed to guard early-season rice seeds against rice blast fungus. This is an ideal solution that aids farmers in resolving this issue while safeguarding the environment and food supply. This solution is made possible through a combination of scientific discoveries, technology, and knowledge in seed treatment. Routine Start 280FS technically contains both isotianil (200 g/l) and trifloxystrobin (80 g/l) to activate the plants’ natural defenses and enable them to successfully protect themselves from blast infections during the first 40–50 days after sowing, sparing rice growers from having to apply at least one or two foliar fungicide applications.
The seed treatment market is segmented:
1) By Type: Insecticides, Fungicides, Chemicals, Non-Chemicals
2) By Formulation: Liquid Solution, Powder, Emulsion, Flowable Concentrate, Water Dispersible Powder For Slurry, Other Formulations
3) By Crop Type: Oilseeds, Cereals And Grains, Fruits And Vegetables, Other Crop Types
4) By Function: Seed Protection, Seed Enhancement
5) By Application Technique: Seed Coating, Seed Dressing, Seed Pelleting
North America was the largest region in the seed treatment market in 2022.
The table of contents in TBRC’s seed treatment market report includes:
- Executive Summary
- Seed Treatment Market Characteristics
- Seed Treatment Market Trends And Strategies
- Seed Treatment Market – Macro Economic Scenario
- Seed Treatment Market Size And Growth
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- Seed Treatment Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Seed Treatment Market
- Seed Treatment Market Future Outlook and Potential Analysis
- Appendix
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