Canada Seed Treatment Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 66.10 Million |
| Market Size (2029) | USD 78.20 Million |
| CAGR (2024 - 2029) | 3.40 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Canada Seed Treatment Market Analysis
The Canada Seed Treatment Market size is estimated at USD 66.10 million in 2024, and is expected to reach USD 78.20 million by 2029, growing at a CAGR of 3.40% during the forecast period (2024-2029).
The Canadian seed treatment market has experienced consistent growth, driven by advancements in agricultural practices and increased adoption of seed protection technologies. Seed treatment, involving the application of chemical or biological agents to seeds, is crucial for protecting crops from pathogens, pests, and environmental stresses. This technology enhances germination rates and crop yields, making it essential in modern Canadian farming. The market's growth is further supported by the focus on sustainable agriculture and the need for cost-effective solutions to improve farm productivity.
Canada's significant role in global agriculture, particularly in wheat, canola, corn, and soybean cultivation, has been a key driver for the seed treatment market. For instance, in 2022, Canada produced 34.3 million metric tons of wheat on 10.1 million hectares, representing a 53.1% increase in wheat production and a 9.6% increase in harvested area from the previous year, according to FAOSTAT. With expanding cultivated areas and production, crops require high-quality seeds resistant to diseases and pests to maintain productivity growth. The prevalence of soil-borne diseases like Fusarium and Pythium, along with pest infestations such as wireworms, has increased the demand for seed treatments.
Canada's strong position in global agricultural exports intensifies the demand for advanced seed protection. As a leading exporter of canola, wheat, and other grains, the country must meet strict international quality standards. For instance, ITC Trade Map data shows Canada exported 4.48 million metric tons of soybeans worldwide in 2023, up from 4.28 million metric tons in 2022. Seed treatments are crucial in ensuring crops meet export-grade specifications by protecting against pathogens, pests, and environmental stressors. This has led to the widespread adoption of seed treatments among commercial farmers aiming to maintain competitive quality in export markets.
Furthermore, Canada's high domestic crop consumption highlights the need for quality seeds with disease and pest resistance. For instance, according to USDA data, corn consumption in Canada reached 15.3 million metric tons in 2023, up from 14.6 million metric tons in 2022. Farmers are increasingly adopting seed treatment solutions to enhance germination rates and yield, directly contributing to market growth. The growing demand for high-quality seeds for food, feed, and industrial applications has further emphasized the importance of seed treatment technologies in maximizing productivity. Additionally, the integration of multiple active ingredients in seed treatment formulations is improving their ability to address various challenges simultaneously. Hence, the Canadian seed treatment market is anticipated to grow, driven by technological innovations, increasing consumer and export demand, expanding cultivated areas, and rising farmer awareness about seed protection benefits.
Canada Seed Treatment Market Trends
Increasing Pesticide Usage per Hectare
The increasing use of pesticides per acre in Canada has significantly propelled the growth of the seed treatment market. Farmers are intensifying pesticide use to protect crops from an expanding range of pests and diseases. However, direct field application of pesticides often results in inefficiencies, including uneven distribution, runoff, and heightened environmental risks. Seed treatment offers a targeted and efficient alternative, allowing protective agents to be applied directly to seeds, minimizing waste while enhancing crop protection. According to the Pest Management Regulatory Agency (PMRA) of Canada, total pesticide sales in the country reached 139,744,726 kg of active ingredient in 2022, representing a 4.9% increase from the previous year.
According to the ITC Trade Map, Canada ranks as the third-largest importer of pesticides globally. Canada's share of global pesticide imports increased from 4.5% in 2022 to 4.7% in 2023, according to the ITC Trade Map. This growing reliance on pesticides reflects the escalating challenges posed by resistant pests and evolving plant pathogens in Canadian agriculture. By incorporating seed treatment into their practices, farmers can proactively protect crops during their most vulnerable early growth stages. This approach optimizes pesticide use, requiring lower dosages later in the crop cycle. Consequently, seed treatments are viewed as a sustainable complement to traditional pesticide usage, aligning with the agricultural sector's need to balance productivity and environmental responsibility.
Furthermore, government and industry initiatives promoting responsible pesticide use and environmental stewardship have indirectly increased the demand for seed treatments. By reducing the overall pesticide load in agricultural ecosystems, seed treatments contribute to sustainable farming practices while maintaining crop yields. In 2023, the PMRA registered a new seed treatment nematicide ingredient called cis-JASMONE, demonstrating ongoing innovation in the field. The increasing use of pesticides per acre in Canada is driving the adoption of seed treatment solutions as a more precise, efficient, and environmentally friendly alternative. As farmers seek to enhance crop protection while reducing costs and environmental impacts, the seed treatment market is anticipated to grow during the forecast period, supported by advancements in formulation and application technologies.
Fungicides Dominates the Market
Fungicides are the primary component in the Canadian seed treatment market due to their efficacy against various seed- and soil-borne fungal diseases. Canada's agriculture heavily relies on crops like wheat, canola, corn, and soybeans, which are susceptible to fungal infections such as Fusarium root rot, Pythium damping-off, and Rhizoctonia diseases. These infections can result in poor germination, stunted growth, and significant yield reductions. In October 2024, an alert was issued for Tar Spot, a disease caused by the fungus Phyllachora maydis, in Quebec's commercial corn fields. Consequently, fungicidal seed treatments have become essential in crop protection strategies for Canadian farmers.
The extensive use of fungicides in seed treatment is also due to their preventive action. Fungicidal seed treatments protect crops during their most vulnerable early growth stages, ensuring healthy germination and root development. This targeted application directly onto seeds reduces the volume of active ingredients required and minimizes environmental exposure. This efficiency has made fungicidal treatments a preferred option for farmers aiming to protect crops while adhering to sustainability practices.
Furthermore, higher export unit values for fungicides have also contributed to the dominance of the fungicide segment. In 2023, the export value of fungicides was USD 10.1 thousand per metric tons, compared to USD 8.3 thousand per metric tons for herbicides and USD 6.4 thousand per metric tons for insecticides. Fungicides dominate the Canadian seed treatment market due to their crucial role in protecting crops from serious fungal diseases at early stages and their significant contribution to export value. As Canada's agricultural sector continues to prioritize quality, sustainability, and market competitiveness, the fungicide segment is anticipated to grow during the forecast period.
Canada Seed Treatment Industry Overview
The Canada Crop Protection Chemicals Market is consolidated. Some of the key companies in the market are Syngenta Group, BASF SE, Bayer CropScience AG, Corteva Agriscience, FMC Corporation, and Others. The key players are focusing on expanding their business in Canada. The leading players in this market adopted various strategies to strengthen market opportunities and increase their market shares. Acquisitions, agreements & joint ventures are the major strategies adopted by major players. A few have focused on horizontal growth by expanding their presence in emerging markets that offer the greatest scope for prospects, while yet others have been content to operate within their established boundaries and go in for vertical growth by concentrating on innovations in the area of products and solutions.
Canada Seed Treatment Market Leaders
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BASF SE
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Syngenta Group
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Bayer CropScience AG
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Corteva Agriscience
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FMC Corporation
*Disclaimer: Major Players sorted in no particular order
Canada Seed Treatment Market News
- October 2023: Corteva launched Straxan, a fungicide seed treatment, in Canada. This new formulation is designed to be ready-to-use and easy to apply, targeting major seed and soil-borne cereal diseases. Straxan offers protection against early-season diseases, including Fusarium species, Rhizoctonia, and true loose smut.
- January 2023: Bayer and the agricultural biotech company Oerth Bio partnered to develop the next generation of more sustainable crop protection products including seed treatment products using unique protein degradation technology by Oerth Bio to generate products that support Bayer’s sustainability objective to reduce the environmental impact of agriculture, via lower application rates and favorable safety profiles.
- June 2022: Valent Canada Inc. and Nufarm Agriculture Inc. partnered and extended their distribution relationship in Canada. The Valent-Nufarm collaboration has planned to provide a portfolio of herbicides, insecticides, fungicides, plant growth regulators, and seed treatments through Nufarm’s established distribution channels.
Canada Seed Treatment Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Growing Demand for Consumption and Export
4.2.2 Increased Prevalence of Seed and Soil Borne Diseases
4.2.3 Government Support and Initiatives
4.3 Market Restraints
4.3.1 Regulation on Chemical Seed Treatment
4.3.2 Increased Costs and Difficulty in Product Development
4.4 Porters Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Origin
5.1.1 Synthetic
5.1.2 Biological
5.2 Product Type
5.2.1 Insecticide
5.2.2 Fungicide
5.2.3 Other Product Types
5.3 Crop Type
5.3.1 Grains & Cereals
5.3.2 Pulses and Oil seeds
5.3.3 Commercial crops
5.3.4 Fruits and Vegetables
5.3.5 Turf and Ornamental crops
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 BASF SE
6.3.2 Bayer CropScience AG
6.3.3 Corteva Agriscience
6.3.4 Syngenta Group
6.3.5 UPL Limited
6.3.6 FMC Corporation
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Canada Seed Treatment Industry Segmentation
Seed treatment involves the application of chemical agents to seeds, and plays a crucial role in safeguarding crops from pathogens, pests, and environmental stresses. The Canada Seed Treatment Market is segmented by Origin (Synthetic and Biological), Product Type (Insecticides, Fungicides, and Other Product Types), and Crop Type (Grains and Cereals, Pulses and Oilseeds, Commercial Crops, Fruits and Vegetables, and Turf and Ornamental crops). The report offers market size and forecasts for the market in terms of value (USD) and volume (metric tons) for all the above segments.
| Origin | |
| Synthetic | |
| Biological |
| Product Type | |
| Insecticide | |
| Fungicide | |
| Other Product Types |
| Crop Type | |
| Grains & Cereals | |
| Pulses and Oil seeds | |
| Commercial crops | |
| Fruits and Vegetables | |
| Turf and Ornamental crops |
Canada Seed Treatment Market Research FAQs
How big is the Canada Seed Treatment Market?
The Canada Seed Treatment Market size is expected to reach USD 66.10 million in 2024 and grow at a CAGR of 3.40% to reach USD 78.20 million by 2029.
What is the current Canada Seed Treatment Market size?
In 2024, the Canada Seed Treatment Market size is expected to reach USD 66.10 million.
Who are the key players in Canada Seed Treatment Market?
BASF SE, Syngenta Group, Bayer CropScience AG, Corteva Agriscience and FMC Corporation are the major companies operating in the Canada Seed Treatment Market.
What years does this Canada Seed Treatment Market cover, and what was the market size in 2023?
In 2023, the Canada Seed Treatment Market size was estimated at USD 63.85 million. The report covers the Canada Seed Treatment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Canada Seed Treatment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Canada Seed Treatment Industry Report
Statistics for the 2024 Canada Seed Treatment market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Canada Seed Treatment analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Canada Seed Treatment Market Report Snapshots
