Chemical Seed Treatment Market Size (2024 - 2029)

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 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.