Chemical Seed Treatment Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 7.36 Billion |
| Market Size (2029) | USD 9.31 Billion |
| CAGR (2024 - 2029) | 4.80 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Chemical Seed Treatment Market Analysis
The Chemical Seed Treatment Market size is estimated at USD 7.36 billion in 2024, and is expected to reach USD 9.31 billion by 2029, at a CAGR of 4.80% during the forecast period (2024-2029).
- Seeds are a crucial agricultural input, with healthy seeds being vital for food production. Seed-borne diseases significantly threaten crop yields, potentially reducing them by 15–90%. This decrease in crop productivity directly affects global food security. With the world population expected to reach 9.7 billion by 2050, there is a growing need for increased agricultural productivity to meet rising food demands. Consequently, farmers and agricultural producers are seeking high-quality seeds with improved traits such as disease resistance, higher germination rates, and enhanced plant vigor. Chemical seed treatments provide additional protection to these seeds, ensuring better establishment and growth. These treatments typically involve applying fungicides, insecticides, nematicides, and other chemical agents directly to seeds before planting.
- The growth of commercial agriculture, particularly in emerging economies, is driving the demand for chemical seed treatments. According to FAO statistics, the area under vegetable cultivation increased by 1.8% between 2021 and 2023. Large-scale farming operations require high-yielding and disease-resistant crops, where chemical treatments are crucial in achieving these objectives. Additionally, the development of innovative and more effective seed treatment solutions has contributed to the growth of the chemical seed treatment market. In 2023, Syngenta Canada Inc. launched Cruiser Maxx, Vibrance Potato fungicide and insecticide seed treatment to combat a broad spectrum of yield-inhibiting pests. It is now the largest fungicide variety, with global sales of nearly USD 500 million.
- However, government regulations aimed at reducing the use of chemical seed treatments for environmental protection have become a limiting factor for market growth. According to the American Seed Trade Association, potential soil surface exposure is reduced by more than 90% compared to other application methods such as in-furrow applications or broadcast sprays. These factors collectively influence the chemical seed treatment market.
Chemical Seed Treatment Market Trends
Focus on Improving Crop Yields is Driving the Market
The need to enhance crop productivity has significantly increased the adoption of advanced agricultural solutions, particularly chemical seed treatments. According to the Food and Agriculture Organization of the United Nations (FAO), 20% to 40% of global crop production is lost annually due to pest damage. Plant diseases cause an annual economic loss of approximately USD 220 billion, while invasive insect species cost the global economy around USD 70 billion annually, according to the Food and Agriculture Organization of the United Nations. Chemical seed treatments have become essential in addressing these challenges by improving seed performance, protecting against pests and diseases, and supporting overall plant health, thus enhancing crop yields and reducing losses.
The growing demand for food is increasing the use of chemical seed treatments for crops, fostering collaboration between companies to ensure a continuous supply of these products. For instance, in 2023, Syngenta Crop Protection partnered with Aphea. Bio to accelerate the introduction of a novel biological seed treatment solution. ACTIV by Aphea.Bio, a biostimulant applied as a seed treatment on wheat based on beneficial microorganisms, will be introduced across multiple European countries over the next five years.
World Bank data shows that the global population has been steadily rising, reaching 8.2 billion in 2024, an increase from 8 billion in the previous year, as reported by Worldometer. Consequently, chemical seed treatment has become a key tool to maximize crop productivity and address challenges in modern agriculture, supporting market growth.
Furthermore, global cropland has been expanding significantly each year, reaching approximately 1.63 billion hectares in 2023. This steady increase in agricultural land has created a rising demand for large volumes of seeds, driving the need for effective chemical seed treatments.
Asia Pacific Dominates the Market
Asia Pacific is the primary consumer of chemical seed treatment globally. The region's adoption of this technology is driven by its potential benefits, including improved crop establishment, enhanced plant health, increased yield potential, and better control of seed and soil-borne diseases. The major crops produced in Asia, such as rice, sugar beet, fruits and vegetables, cereals, and grains, often require seed treatment. Rice, a staple crop in many Asian countries, frequently receives chemical seed treatments to protect against diseases like blast and bacterial leaf blight, which are prevalent in the region.
India, China, Australia, Indonesia, and Vietnam are increasing their utilization of seed protection and enhancement products for both annual and perennial crops. The extensive agricultural areas in these countries significantly contribute to the demand for chemical seed treatment products. World Bank data for 2023 reports arable land in India, China, Australia, Pakistan, and Indonesia at 155.3, 119.4, 30.6, 30.9, and 26.3 million hectares, respectively. These vast cultivation areas increase the incidence of pests and diseases, making seed treatment products essential inputs for reducing production costs by minimizing the need for chemicals in subsequent cultivation stages.
The widespread adoption of seed treatment in the Asia-Pacific region is driven by the availability and affordability of products and equipment. Major companies like Syngenta, BASF, and Bayer have a strong presence in these markets, regularly introducing new products and conducting field trials and training sessions to demonstrate the benefits of seed treatments. For instance, in 2023, Syngenta Crop Protection's Seedcare business launched EQUENTO in Asia, a new seed treatment that targets various soil pests while promoting sustainable farming practices. The combination of extensive agricultural lands, the need for increased productivity, and the accessibility of seed treatment solutions are key factors driving market growth in this region.
Chemical Seed Treatment Industry Overview
The market for chemical seed treatment is consolidated. Top players in the market occupy a major portion of the market, having a diverse and increasing product portfolio. In terms of market share dominance, Syngenta International AG followed by Bayer CropScience AG, Corteva Agriscience, BASF SE, and Nufarm Limited are the major players. These major players in this market are focusing on increasing their presence through expansions & investments, mergers & acquisitions, partnerships, joint ventures, and agreements.
Chemical Seed Treatment Market Leaders
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Syngenta International Ag
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Bayer CropScience AG
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BASF SE
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Nufarm Limited
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Corteva Agriscience
*Disclaimer: Major Players sorted in no particular order
Chemical Seed Treatment Market News
- November 2023: Syngenta Canada Inc. introduced Cruiser Maxx Vibrance Potato, a fungicide and insecticide seed treatment containing fludioxonil, thiamethoxam, difenoconazole, and sedaxane. This product is designed to combat a wide range of yield-inhibiting pests. It has received registration and been launched in major markets, with plans for distribution in over 70 countries.
- October 2023: BASF Agricultural Solutions has introduced Poncho Votivo Precise, a seed treatment for soybean crops that offers protection against nematodes. The treatment establishes a biological barrier along the plant's root system, preventing damage from various nematode species. Additionally, its insecticidal component provides immediate defense against early-season insect pests.
- March 2023: Syngenta Crop Protection formed a partnership with Aphea.Bio to expedite the launch of a new biological seed treatment solution. ACTIV by Aphea.Bio, a biostimulant applied as a seed treatment on wheat, utilizes beneficial microorganisms. This product is set to be introduced across several European countries within the next five years.
- July 2022: Corteva Agriscience company launched two new LumiGEN seed treatment packages for Canadian canola and corn farmers which will help in the broad spectrum disease protection against airborne blackleg fungus.
- May 2022: Bayer Vietnam company launched a new seed treatment product Routine Start 280FS also known as Routine Start to protect the rice seeds from the blast disease which further increases the productivity of rice farmers in the country.
Chemical 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 Need for Increasing Crop Yields is driving the Usage of Chemical Seed Treatment Market
4.2.2 Research & Advancements in Seed Treatment Technologies
4.2.3 Continuous Product Launches By Major Players
4.3 Market Restraints
4.3.1 Rising Environmental Concerns
4.3.2 Shift towards Organic Crop Production
4.4 Porter's Five Force Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Threat of Substitute Products
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Application
5.1.1 Insecticide
5.1.2 Fungicide
5.1.3 Other Applications
5.2 Crop
5.2.1 Corn/Maize
5.2.2 Soybean
5.2.3 Wheat
5.2.4 Rice
5.2.5 Canola
5.2.6 Cotton
5.2.7 Other Crops
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.1.4 Rest of North America
5.3.2 Europe
5.3.2.1 Spain
5.3.2.2 United Kingdom
5.3.2.3 France
5.3.2.4 Germany
5.3.2.5 Russia
5.3.2.6 Italy
5.3.2.7 Rest of Europe
5.3.3 Asia Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Thailand
5.3.3.5 Vietnam
5.3.3.6 Australia
5.3.3.7 Rest of Asia-Pacific
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle East & Africa
5.3.5.1 South Africa
5.3.5.2 Rest of Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Syngenta International AG
6.3.2 Bayer CropScience AG
6.3.3 BASF SE
6.3.4 Corteva Agriscience
6.3.5 Isto Biologics (Advanced Biological Systems)
6.3.6 BioWorks Inc.
6.3.7 Associated British Foods plc (Germains Seed Technology)
6.3.8 Croda International (Incotec Group BV)
6.3.9 Nufarm Limited
6.3.10 PI Industries Ltd (Plant Health Care)
6.3.11 Precision Laboratories
6.3.12 Sumitomo Chemical Co., Ltd (Valent Biosciences Corporation)
6.3.13 Verdesian Life Sciences
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Chemical Seed Treatment Industry Segmentation
Seed treatment products or the chemicals that are used to coat or treat the seeds before sowing to ensure high germination percentage. Chemical Seed Treatment Market is segmented by Chemical Type into Insecticides, Fungicides, and Other Chemicals, Crop Type into Corn, Soybean, Wheat, Rice, Canola, and Cotton, and Geography into North America, Europe, Asia-Pacific, South America, and Middle-East & Africa. The report offers market size and forecast in terms of value in USD for all the segments.
| Application | |
| Insecticide | |
| Fungicide | |
| Other Applications |
| Crop | |
| Corn/Maize | |
| Soybean | |
| Wheat | |
| Rice | |
| Canola | |
| Cotton | |
| Other Crops |
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Chemical Seed Treatment Market Research FAQs
How big is the Chemical Seed Treatment Market?
The Chemical Seed Treatment Market size is expected to reach USD 7.36 billion in 2024 and grow at a CAGR of 4.80% to reach USD 9.31 billion by 2029.
What is the current Chemical Seed Treatment Market size?
In 2024, the Chemical Seed Treatment Market size is expected to reach USD 7.36 billion.
Who are the key players in Chemical Seed Treatment Market?
Syngenta International Ag, Bayer CropScience AG, BASF SE, Nufarm Limited and Corteva Agriscience are the major companies operating in the Chemical Seed Treatment Market.
Which is the fastest growing region in Chemical Seed Treatment Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Chemical Seed Treatment Market?
In 2024, the Europe accounts for the largest market share in Chemical Seed Treatment Market.
What years does this Chemical Seed Treatment Market cover, and what was the market size in 2023?
In 2023, the Chemical Seed Treatment Market size was estimated at USD 7.01 billion. The report covers the Chemical Seed Treatment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Chemical Seed Treatment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Chemical Seed Treatment Industry Report
Statistics for the 2024 Chemical Seed Treatment market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Chemical 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.
Chemical Seed Treatment Market Report Snapshots
