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Seed Treatment Market Was Worth $6 Billion in 2020: P&S Intelligence

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News provided by

P&S Intelligence

26 Jul, 2021, 09:00 GMT

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NEW YORK, July 26, 2021 /PRNewswire/ -- Seed treatment activities are picking up around the world, as the pressure on the agrarian community is mounting due to the booming population. Additionally, the increasing government and private company efforts to conduct research and development (R&D) in the domain are leading to the availability of advanced seed treatment technologies. These factors took the global seed treatment market value to around $6.0 billion in 2020, and they will continue to drive it at a significant rate between 2021 and 2030, according to P&S Intelligence.

Owing to the disrupted manufacturing and transportation activities during the COVID-19 pandemic, the seed treatment market witnessed a negative impact. However, the relaxations provided to the agricultural sector by governments helped cushion the blow to a significant extent. As food is indispensable for survival, the high population kept the demand for seed treatment products during the pandemic high.

Get the Sample Copy of this Report at @ https://www.psmarketresearch.com/market-analysis/seed-treatment-market/report-sample

On segmenting the market by crop type, the categories are cereals & grains, fruits & vegetables, oilseeds, and others. In 2020, the cereals & grains category held the dominating value and volume shares in the seed treatment market, and the same is projected for the entire forecast period. The changing taste preferences, occupational structures, and lifestyles and rapid urbanization are propelling the consumption of cereals & grains around the world.

Biological and chemical are the bifurcations of the seed treatment market under segmentation by product type. Of these, the larger share, in terms of value and volume, was held by the chemical bifurcation over the historical period (2015–2020). Chemical treatment improves the germination process, which helps protect crops from damage, thereby increasing the yield.

Browse detailed report with COVID-19 impact analysis on Seed Treatment Market Research Report: By Product Type (Chemical, Biological), Crop Type (Cereals & Grains, Oilseeds, Fruits & Vegetables), Application Method (Dressing, Coating, Pelleting), Application Time (Pre-Treatment, Farm Treatment) - Global Industry Analysis and Growth Forecast to 2030 @ https://www.psmarketresearch.com/market-analysis/seed-treatment-market

Asia-Pacific (APAC) was the most-productive seed treatment market till 2020, and it will continue on this path till 2030. Home to the most people on earth, APAC's food requirement is naturally the highest. As a result, agricultural activities and the focus on cultivating high-quality crops are surging in the region, thereby driving the consumption of seed treatment products.

In order to gain a wider consumer base and help feed the booming population, companies in the seed treatment market are introducing new products. For instance, in March 2020, a non-neonicotinoid-based seed treatment product, named Lumivia CPL, was launched by Corteva Inc. It can be used to keep pests away from cereal, lentil, and pea crops.

Make enquiry about this report at @ https://www.psmarketresearch.com/send-enquiry?enquiry-url=seed-treatment-market

The major players in the global seed treatment market are BASF SE, Novozymes A/S, Bayer AG, Syngenta AG, FMC Corporation, Corteva Inc., Adama Ltd., UPL Ltd., Croda International Plc, Nufarm Limited, Germains Seed Technology, Eastman Chemical Company, Globachem N.V., Verdesian Life Sciences LLC, and Valent USA Corporation.

Browse Other Related Reports

Agricultural Adjuvants Market - Globally, the North American agricultural adjuvants market generated the maximum revenue in 2019, due to the presence of local producers, regulatory support to the producers and associated agrochemical companies, availability of an array of products, and customer appreciation.

Organic Fertilizers Market - Europe was the largest organic fertilizers market in the past, due to the fact that this region accounts for the largest arable area under organic farming and quick rise in the popularity of this farming concept in France, Germany, Italy, and Spain. Moreover, several legislations have been passed regarding organic products, the demand and supply chain of which is quite strong in Europe.

About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

Contact:                     
Prajneesh Kumar
P&S Intelligence
Contact: +1-347-960-6455
Email: enquiry@psmarketresearch.com  
Web: https://www.psmarketresearch.com

Logo: https://mma.prnewswire.com/media/1224988/P_and_S_Intelligence_Logo.jpg

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