Market Size of south america seed treatment Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 2.4 Billion |
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Market Size (2029) | USD 2.97 Billion |
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Largest Share by Function | Insecticide |
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CAGR (2024 - 2029) | 4.38 % |
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Largest Share by Country | Brazil |
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Market Concentration | Medium |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
South America Seed Treatment Market Analysis
The South America Seed Treatment Market size is estimated at 2.4 billion USD in 2024, and is expected to reach 2.97 billion USD by 2029, growing at a CAGR of 4.38% during the forecast period (2024-2029).
2.4 Billion
Market Size in 2024 (USD)
2.97 Billion
Market Size in 2029 (USD)
7.88 %
CAGR (2017-2023)
4.38 %
CAGR (2024-2029)
Largest Segment by Function
64.97 %
value share, Insecticide, 2023
Insects have the potential to cause significant harm to seeds and seedlings, leading to negative outcomes such as poor stand establishment, limited germination, and yield losses.
Fastest-Grwoing Segment by Function
4.53 %
Projected CAGR, Insecticide, 2024-2029
To mitigate the damage caused by these pests, insecticide seed treatments play a crucial role in preventing the damage and improving the health and vitality of crops.
Largest Segment by Crop Type
45.85 %
value share, Pulses & Oilseeds, 2023
Pulses and oilseeds play a vital role in the agricultural economy of South America by fulfilling the demand for protein-rich foods and edible oils, making them key crops in the region.
Largest Segment by Country
79.06 %
value share, Brazil, 2023
Continuous expansion and diversification of agriculture in Brazil have increased the threat of fungal diseases, which can adversely impact crops, leading to yield losses.
Leading Market Player
16.65 %
market share, Syngenta Group, 2022
Syngenta Group operates research centers and experimental plantations that have been created in collaboration with growers in different habitats and locations across Brazil.
The need to improve productivity and establish healthy seedlings is fueling the growth of the market
- The South American seed treatment industry is experiencing significant growth. The market value increased by 51.7% in 2022 compared to 2017. This growth was driven by growing awareness of the benefits of seed-applied technologies in protecting and establishing healthy seedlings and the need to improve overall productivity.
- Brazil and Argentina are prominent agricultural nations that heavily utilize seed treatments to protect their crops from a range of fungal diseases. The combined market share of seed treatments in Brazil and Argentina is significant, with Brazil accounting for 79.0% and Argentina accounting for around 2.9% of the regional market.
- The insecticide seed treatments held the major share, and their market value is expected to increase significantly by 35.3% between 2023 and 2029 because of the growing recognition of the effectiveness of seed treatments in combatting insect vectors and safeguarding crop productivity.
- Fungicide seed treatment in South America has gained significant importance in recent years due to the prevalence of fungal diseases that affect key crops like soybeans, corn, wheat, and fruits. These diseases, including soybean rust, powdery mildew, and Fusarium head blight, pose a significant risk to crop yields and quality. Consequently, farmers in South America are increasingly relying on fungicide seed treatments to safeguard their crops and reduce yield losses. These factors are expected to increase the market value of the fungicide segment by 31.3% during the forecast period.
- The growing acceptance of seed treatment to enhance crop protection and yield, coupled with the increasing awareness among farmers regarding its advantages, is anticipated to drive the market’s growth in the forecast period.
Understand The Key Trends Shaping This Market
The need to protect seeds and seedlings from early-growth pests and diseases will increase the adoption rate of seed treatment
- The seed treatment market in South America is experiencing significant growth, driven by the increasing awareness among farmers regarding the need to protect seeds and seedlings from early crop diseases and insect pests. The region's major crops, including soybean, maize, wheat, fruits, and vegetables, have embraced seed treatment applications. Notably, the market for seed treatment exhibited impressive growth of 51.7% over the historical period spanning from 2017 to 2022.
- In 2022, Brazil held the dominant position as the largest market in South America, representing 79.0% of the region's market share. The country's remarkable expansion can be attributed to several factors, including the growing need for food security and the escalating utilization of seed treatment products in key crops like soybeans.
- Argentina, the second-largest market in the South American seed treatment industry, experiences challenging environmental conditions such as drought and hot temperatures. These factors drove farmers to adopt seed treatment techniques during the early stages of crop growth. By employing seed treatment methods, farmers can promote faster germination and effectively control soil-borne diseases. This approach proves crucial in mitigating the adverse effects of the country's harsh climate, enabling farmers to enhance crop yields and sustainably maintain agricultural productivity.
- The South American seed treatment market is projected to register a CAGR of 4.3% during the forecast period. This growth can be attributed to the increasing recognition among farmers regarding the immense value offered by seed treatments in safeguarding their crops, enhancing yields, and countering early crop growth challenges posed by infestations.
South America Seed Treatment Industry Segmentation
Fungicide, Insecticide, Nematicide are covered as segments by Function. Commercial Crops, Fruits & Vegetables, Grains & Cereals, Pulses & Oilseeds, Turf & Ornamental are covered as segments by Crop Type. Argentina, Brazil, Chile are covered as segments by Country.
- The South American seed treatment industry is experiencing significant growth. The market value increased by 51.7% in 2022 compared to 2017. This growth was driven by growing awareness of the benefits of seed-applied technologies in protecting and establishing healthy seedlings and the need to improve overall productivity.
- Brazil and Argentina are prominent agricultural nations that heavily utilize seed treatments to protect their crops from a range of fungal diseases. The combined market share of seed treatments in Brazil and Argentina is significant, with Brazil accounting for 79.0% and Argentina accounting for around 2.9% of the regional market.
- The insecticide seed treatments held the major share, and their market value is expected to increase significantly by 35.3% between 2023 and 2029 because of the growing recognition of the effectiveness of seed treatments in combatting insect vectors and safeguarding crop productivity.
- Fungicide seed treatment in South America has gained significant importance in recent years due to the prevalence of fungal diseases that affect key crops like soybeans, corn, wheat, and fruits. These diseases, including soybean rust, powdery mildew, and Fusarium head blight, pose a significant risk to crop yields and quality. Consequently, farmers in South America are increasingly relying on fungicide seed treatments to safeguard their crops and reduce yield losses. These factors are expected to increase the market value of the fungicide segment by 31.3% during the forecast period.
- The growing acceptance of seed treatment to enhance crop protection and yield, coupled with the increasing awareness among farmers regarding its advantages, is anticipated to drive the market’s growth in the forecast period.
| Function | |
| Fungicide | |
| Insecticide | |
| Nematicide |
| Crop Type | |
| Commercial Crops | |
| Fruits & Vegetables | |
| Grains & Cereals | |
| Pulses & Oilseeds | |
| Turf & Ornamental |
| Country | |
| Argentina | |
| Brazil | |
| Chile | |
| Rest of South America |
Need A Different Region Or Segment?
South America Seed Treatment Market Size Summary
The South America seed treatment market is experiencing robust growth, driven by increasing awareness among farmers about the benefits of seed-applied technologies. These technologies are crucial for protecting and establishing healthy seedlings, thereby enhancing overall agricultural productivity. Brazil and Argentina are at the forefront of this market, with Brazil holding a dominant position due to its significant agricultural output and the necessity to combat fungal diseases affecting key crops like soybeans and corn. The market is characterized by a strong focus on insecticide and fungicide seed treatments, which are essential for safeguarding crops against pests and diseases that threaten yield and quality. The adoption of these treatments is further propelled by the need to address challenges posed by environmental conditions and to ensure food security in the region.
The market landscape is moderately consolidated, with major players such as BASF SE, Bayer AG, Corteva Agriscience, FMC Corporation, and Syngenta Group dominating the scene. These companies are actively expanding their portfolios and enhancing crop protection technologies to meet the evolving needs of farmers. Despite the growth in seed treatment applications, there has been a notable decline in consumption per hectare, attributed to the increasing adoption of herbicide-resistant and genetically modified crops, which reduce the reliance on traditional seed treatments. Active ingredients like cypermethrin, metalaxyl, malathion, abamectin, and azoxystrobin play a crucial role in providing early protection against pests and diseases. The market's expansion is expected to continue, supported by ongoing innovations and strategic partnerships aimed at developing more sustainable and effective crop protection solutions.
South America Seed Treatment Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
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1.1 Function
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1.1.1 Fungicide
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1.1.2 Insecticide
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1.1.3 Nematicide
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1.2 Crop Type
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1.2.1 Commercial Crops
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1.2.2 Fruits & Vegetables
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1.2.3 Grains & Cereals
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1.2.4 Pulses & Oilseeds
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1.2.5 Turf & Ornamental
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1.3 Country
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1.3.1 Argentina
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1.3.2 Brazil
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1.3.3 Chile
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1.3.4 Rest of South America
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South America Seed Treatment Market Size FAQs
How big is the South America Seed Treatment Market?
The South America Seed Treatment Market size is expected to reach USD 2.40 billion in 2024 and grow at a CAGR of 4.38% to reach USD 2.97 billion by 2029.
What is the current South America Seed Treatment Market size?
In 2024, the South America Seed Treatment Market size is expected to reach USD 2.40 billion.
