An Incisive, In-depth Analysis on the Seed Treatment Materials Market
This study offers a comprehensive, 360 degree analysis on the Seed Treatment Materials market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Seed Treatment Materials market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Seed Treatment Materials Market Outlook & Key Findings
- FMI forecasts the global seed treatment materials market to exhibit 9.9% CAGR between 2020 and 2030
- Sustainability practices in agriculture to push adoption, resultantly the underlying opportunity in seed treatment material to increase at least two fold by 2030
- Online portals and web applications, educating farmers about seeds and plant growth regulations are an extension of growth strategies adopted by market players
- Certified commercial seeds offer 99% genetic purity hence preferred more by crop growers. Knowledge about the same will fuel demand for seed treatment material
- Organic trends will enable growth in seed biologicals and polymers segments. Of these, seed polymers are expected to account for higher share in the global market.
Adoption of Modern Farming Techniques Boosts Sales of Seed Treatment Materials
Traditional farming techniques usually involved sowing seeds in fields with hand. Inefficient and imprecise practices were more common in countries such as Mexico and India. With recent advancements in agriculture sector, low cost equipment have come to fore, speeding the farming process.
The demand for seed treatment materials has surged in response to the higher adoption of advanced farming technologies. The novel techniques have not only made sowing a more efficient process, but have resulted in the launch of better quality seeds.
Seed treatment materials make seeds uniform in size and shape, guaranteeing even distribution across farming fields. Modern farming techniques has time and again proven to improve the overall farm yield. Spurred by this, farmers across the world are likely to invest in them, including seed treatment materials.
Seed Coatings Materials Witness High Demand as Farmers Look for Advanced Ways of Protecting Seed and Reducing Spoilage
Seed treatment materials are in high demand and if FMI’s projections hold true, the market will surpass its valuation of US$ 2.2 Bn by the end of 2020. The market is well positioned to exhibit 3% higher rate of growth than the remaining agricultural sector.
Agronomists around the world are researching on various methods of maintaining a balanced food supply to ensure uninterrupted supply of grains and improve the overall agricultural yield. Several technological developments are underway to help countries achieve this.
These advances are in turn transforming seed treatment processes. Manufacturers are developing new combinations of seed coating processes such as seed film coating, seed encrusting, and seed palleting for protecting the stored seeds from spoilage, nutrition loss, and damage from pests.
Several research and development (R&D) facilities are completely dedicated to innovating seed treatment materials. Distributors are taking additional efforts for seed safety to ensure the rising demand for grain is met. These measures will ascertain a non-volatile growth trajectory for agricultural produce as well as seed treatment materials.
Expansion of Seed-Coating Technologies to Wild Species will Fuel the Demand for Seed Treatment Materials
Seed coating products are mostly used during the cultivation of crops, fruits, and vegetables. This is due to the higher value of economic crops in comparison to turf grass, pasture, and flower.
Farmers are using wild species of crops since the start of agricultural practices. Some of these species are often associated with the cultivation of domesticated crops. They are therefore planted alongside domestic crops to promote exchange of beneficial traits between crops in natural ways.
Until recently, there was little attention given towards ecological restoration by the application of seed coatings on native species. However, better connectivity and access to the internet have rendered farming communities better educated. In the future, the demand for seed coatings for wild species is poised to surge.
Some of the leading agtech companies such as Syngenta and Bayer incur nearly 20% of their expenditure on R&D initiatives. Their intent remains discovering sustainable agriculture practices.
The demand for economical seeds is expected to rise on a commercial scale. These factors are likely to spur frequency of researches conducted by carpologists and agronomists to study the effect of seed treatment materials on wild species.
Measures Implemented to Contain Pesticide Residue in Soil to Increase Demand for Seed Treatment Materials
Using pesticides is often considered necessary for cultivation. On the flip side it is often associated with several negative impacts. For instance, use of pesticides over an extended period of time can hinder growth of higher plants.
Extensive use of pesticides can degrade the quality of yield by damaging the community of microorganisms living in the soil. They are also associated with toxicity and chronic adverse impact on human beings exposed to them.
Compelled by the rising demand for eco-friendlier alternatives, researchers and manufacturers of agrochemicals are experimenting with various techniques that can reduce carbon footprint as well as contain soil pollution.
There is ample focus towards reducing the residue level of pesticides in soil. To achieve this commercial seeds are coated with barely one-tenth of total pesticides used per hectare of cropland.
According to FMI, nearly 20% of farming community is expected to join the bandwagon of seed treatment ecosystem to improve plant and soil health and promote sustainable agriculture.
Leading Companies are jumping into Hiring Spree to Foster Better Future for Community
Leading companies operating in the seed industry are on spree of hiring experts to promote data sharing between them and farmers or consumers. Some of the emerging businesses in the sector claim that data sharing has become extremely important and thus having a data scientist on-board is imperative.
Seed companies traditionally recruited scientists or biologists who can engineer soil microbes. However, in order to success amid fiercely increasing competition these companies require not just innovation but strong sales figures.
To balance this criteria companies are hiring individuals who can form long term relationships with farmers and explain them the importance of data and its usage.
Measures such as robust internship programs, hiring economists or agronomists, are being adopted by the seed treatment market leaders to build a community that can train future leaders in agriculture.
Such initiatives are not only intended to gain competitive advantage in the market, but are steps taken towards building a sustainable future.
Region-wise Analysis: Globalization of Agriculture to Accelerate the Growth of Seed Treatment Materials Market
Globalization will prove to be a growth engine in low-income countries, giving a big push to agricultural practices. Until a few decades ago, the growth rate of agriculture production was around 3% per year. Globalization has enabled the agriculture production to grow at a faster rate of 4-6% per year.
Globalization will improve existing infrastructure and bring in several developments that will help in reducing costs and achieving a significantly higher growth rate compared to the past figures. Globalization of agriculture will therefore enable the seed treatment materials market to rise at an accelerated pace.
Expansion of distribution channels globally will give impetus to the seed treatment materials market. This, according to FMI, will create incremental growth opportunities, assisting the market to reach US$ 5.8 Bn by the end of 2030.
The use of pesticides has surged considerably in the U.S. and Brazil in the last five years. Acquisition of agrochemical companies in North America and setting up of production facilities in Latin America will create lucrative growth opportunities for the market.
In Asia Pacific as well the market will witness surging demand. Increasing awareness regarding the benefits of biological seed treatment materials will impel growth across high potential markets in the region.
A key point to consider here is that, the global seed treatment market is characterized by high capital investment, especially in developed markets. As shown in the chart below Europe, North America, and East Asia markets will register higher capital investments.
Europe and East Asia are likely to emerge as lucrative markets thus witnessing a higher degree of competition than the Rest of the World.
Leading Players Operating in Seed Treatment Materials Market
Seed treatment materials market will exhibit the presence of some of the behemoths in the agriculture sector. Future Market Insights profiles some of the leading companies operating in the seed treatment market. These are:
- Corteva Agriscience
- Eastman Chemical Company
- FMC Corporation
- Chromatech Incorporated
- Bayer AG
- BASF SE
- Novozymes A/S
- Clariant Specialty Chemicals
- Syngenta AG
- Croda International Plc
- Germains Seed Technology
- Tozer Seeds Ltd
- Nufarm Limited
- Centor Oceania
- ADAMA Agricultural Solutions Ltd.
- UPL Limited
- Jeevan Chemicals Pvt. Ltd.
- Tagros Chemicals India Ltd.
- Sumitomo Chemical
*The list is not exhaustive, and only for representational purposes. Full competitive intelligence with SWOT analysis available in the report
Seed Treatment Materials: The Way Forward
FMI’s analysis reveals that the seed treatment market is still at a growth stage. This is indicative of immense underlying growth potential of the market.
Aided by continued research and development initiatives, the market will witness influx of advanced technologies. Rising demand for sustainable crop and food security is fuelling the demand for biological and physical advances in seed treatment to overcome germination constraints.
Changing regulations and ban on neonicotinoids will compelled manufacturers to opt for safer and more environmental-friendly ingredients. In addition to this, some of the leading companies are taking initiatives to fortify seeds with micronutrients so that they grow into healthier plants.
Spurred by aforementioned factors, the seed treatment materials market will exhibit robust growth in the near future.
The production process adopted for treatment of seed with coating ingredients has significantly improved in the past few years. These improvements have made the process a whole lot easier than before.
Also, they have made possible the precise calculation of coating, making seed treatment techniques easier and more attractive. With farming communities inclining towards higher uptake of advanced techniques, the demand for seed treatment materials is expected to surge in the near future.
Seed Treatment Materials Market: Global Industry Analysis 2015-2019 & Opportunity Assessment 2020-2030
A recent market study published by Future Market Insights on the seed treatment materials market offers global industry analysis for 2015-2019 & opportunity assessment for 2020–2030. The study offers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on the historical, as well as current growth parameters, the growth prospects of the market are obtained with maximum precision.
The global seed treatment materials market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
Chapter 01 - Executive Summary
The executive summary of the seed treatment materials market includes the market country analysis, proprietary wheel of fortune, demand-side and supply-side trends, opportunity assessment, and recommendations on the global seed treatment materials market.
Chapter 02 – Market Introduction
Readers can find the detailed information on segmentation and definition of the seed treatment materials market in this chapter. This section also highlights the inclusions and exclusions to help readers understand the scope of the report on the seed treatment materials market.
Chapter 03 – Market Background
The associated industry assessment of the seed treatment materials market is carried out in this section. The macroeconomic factors affecting growth of the seed treatment materials market are studied in this section and the impact of these macroeconomic indicators on the seed treatment materials market is analyzed. The information on various technological advancements in the seed treatment materials market is also provided.
Chapter 04 - Global Seed Treatment Materials Market Value Chain Analysis
Profit margins at each level of the seed treatment materials market are analyzed and readers can find detailed information on leading importers and exporters as well as the value chain of the market.
Chapter 05 – Market Dynamics
Drivers and restraints impacting the growth of the seed treatment materials market are explained in this chapter. Opportunities and ongoing trends in the seed treatment materials market are also comprehensively discussed.
Chapter 06 – Global Seed Treatment Materials Market Analysis and Forecast 2015-2030
This chapter includes detailed analysis of the historical seed treatment materials market (2015-2019), along with an opportunity analysis for the forecast period (2020-2030). Readers can also find data on absolute $ opportunity for the current year (2019 – 2020) and incremental opportunity for the forecast period (2020–2030). This chapter provides details about the seed treatment materials market on the basis of type and application. In this chapter, readers can understand market attractive analysis for all segments. This chapter explains how the seed treatment materials market is anticipated to grow across North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East and Africa.
Chapter 07 – Global Seed Treatment Materials Market - Pricing Analysis
This chapter includes global as well as regional pricing analysis by product type. The pricing influencing factors are also explained in this chapter. Readers can understand the manufacturer level, distributor level as well as retail level pricing analysis for 2020 and 2030.
Chapter 08 – Global Seed Treatment Materials Market Analysis 2015-2019 & Forecast 2020-2030 by Coating Type
Based on coating type, the seed treatment materials market is segmented into seed film coating, seed encrusting, and seed palleting. In this chapter, readers can find information about key trends and developments in the seed treatment materials market and market attractiveness analysis based on coating type.
Chapter 09 – Global Seed Treatment Materials Market Analysis 2015-2019 & Forecast 2020-2030 by Application
Based on application, the seed treatment materials market is segmented into seed polymers, colourants, binders & fillers, and seed biologicals. In this chapter, readers can find information about key trends and developments in the seed treatment materials market and market attractiveness analysis based on application.
Chapter 10 – Global Seed Treatment Materials Market Analysis 2015-2019 & Forecast 2020-2030 by Form
Based on form, the seed treatment materials market is segmented into powder and liquid. In this chapter, readers can find information about key trends and developments in the seed treatment materials market and market attractiveness analysis based on form.
Chapter 11 – Global Seed Treatment Materials Market Analysis 2015-2019 & Forecast 2020-2030 by Treatment Method
Based on treatment method, the seed treatment materials market is segmented into chemical seed treatment, non-chemical seed treatment, hot water treatment, and dry heat treatment. In this chapter, readers can find information about key trends and developments in the seed treatment materials market and market attractiveness analysis based on treatment method.
Chapter 11 – Global Seed Treatment Materials Market Analysis 2015-2019 & Forecast 2020-2030 by Crop Type
Based on crop type, the seed treatment materials market is segmented into cereals & grains, oilseed & pulses, and other crop types. In this chapter, readers can find information about key trends and developments in the seed treatment materials market and market attractiveness analysis based on crop type.
Chapter 12 – Global Seed Treatment Materials Market Analysis 2015-2019 and Forecast 2020-2030, by Crop Type
In terms of crop type, the global seed treatment materials market can be segmented into cereals and grains, oilseeds and pulses, and other crops. Factors enabling growth across these segments are studied in detail. The chapter also offers insights into results obtained from attractive analysis conducted on these segments.
Chapter 13 – Global Seed Treatment Materials Market Analysis 2015-2019 & Forecast 2020-2030 by Region
This chapter explains how the seed treatment materials market is anticipated to grow across various geographic regions such as North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East and Africa.
Chapter 14 – North America Seed Treatment Materials Market Analysis 2015-2019 & Forecast 2020-2030
This chapter includes a detailed analysis of the growth of the seed treatment materials market in the North America region, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find regional trends, regulations, and market growth based on application and countries in the North America region.
Chapter 15 – Latin America Seed Treatment Materials Market Analysis 2015-2019 & Forecast 2020-2030
Readers can find detailed information about several factors, such as the pricing analysis and regional trends, which are impacting growth of the seed treatment materials market in the Latin America region. This chapter also includes growth prospects of the seed treatment materials market in leading LATAM countries such as Brazil, Mexico, Argentina, and Rest of Latin America.
Chapter 16 –Europe Seed Treatment Materials Market Analysis 2015-2019 & Forecast 2020-2030
Important growth prospects of the seed treatment materials market based on its end user in several countries such as EU5, BENELUX, Nordic, Russia, Poland and Rest of Europe are included in this chapter.
Chapter 17 – South Asia Seed Treatment Materials Market Analysis 2015-2019 & Forecast 2020-2030
This chapter offers insights into how the Seed Treatment Materials market is expected to grow in major countries in the South Asia region such as India, Thailand, Indonesia, Singapore, and rest of South Asia, during the forecast period 2020-2030.
Chapter 18 – East Asia Seed Treatment Materials Market Analysis 2015-2019 & Forecast 2020-2030
This chapter offers insights into how the seed treatment materials market is expected to grow in major countries in the East Asia region such as China, Japan, and South Korea, during the forecast period 2020-2030.
Chapter 19 – Oceania Seed Treatment Materials Market Analysis 2015-2019 & Forecast 2020-2030
This chapter includes a detailed analysis of the growth of the seed treatment materials market in the Oceania region, along with a country-wise assessment that includes, Australia, and New Zealand. Readers can also find regional trends, regulations, and market growth of countries in the Oceania region.
Chapter 20 – Middle East and Africa Seed Treatment Materials Market Analysis 2015-2019 & Forecast 2020-2030
This chapter offers insights into how the seed treatment materials market is expected to grow in major countries in the MEA region such as GCC Countries, South Africa, Turkey, Israel, and the rest of MEA, during the forecast period 2020-2030.
Chapter 21 – Biological Seed Treatment Materials Market Analysis 2015-2019 and Forecast 2020-2030
This chapter contains information about the market growth of biological seed treatment materials across the world during the forecast period 2020-2030.
Chapter 22 – Market Structure Analysis
In this chapter, readers can find detailed information about tier analysis and market concentration of the key players in the seed treatment materials market along with their market presence analysis by region and product portfolio.
Chapter 23 – Competition Analysis
In this chapter, readers can find a comprehensive list of leading manufacturers in the seed treatment materials market, along with detailed information about each company, which includes company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are Bayer AG, Sumitomo Chemical, Evonik, Corteva Agriscience, Syngenta AG, BASF SE, Eastman Chemical Company, and Clariant Specialty Chemicals.
Chapter 24 – Assumptions and Acronyms
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the seed treatment materials report.
Chapter 25 – Research Methodology
This chapter helps readers understand the research methodology followed to obtain various conclusions, as well as important qualitative and quantitative information, on the seed treatment materials market.
Sources and Primary Research Splits (%)