Richmond, Dec. 05, 2023 (GLOBE NEWSWIRE) -- According to a research report "Insecticide Seed Treatment Market”, by Type (Chemical insecticides, Bio-based insecticides), Form (Liquid, Powder), Crop type (Cereals & Oilseeds, Fruits & Vegetables, Others), Application Technique (Seed Coating, Seed Dressing, Seed Pelleting), Insect Type (Thrips, Beetle, Aphid, Grape collapses, Leafhopper, Wireworm, Pea leaf weevil, other), and Region - Global Forecast to 2030.
Global Insecticide Seed Treatment Market Report Scope:
| Report | Details |
| Market size value in 2023 | USD 3.59 Billion |
| Market size value in 2030 | USD 8.33 Billion |
| CAGR (2023-2030) | 12.78% |
| Forecast Period | 2023–2030 |
| Historic Data | 2019 |
| Forecast Units | Value (USD Million/USD Billion) |
| Segments Covered | Type, Crop type, Insect Type, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and RoW |
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| Sample of Companies Covered |
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TOC Covers in Depth & Breath on Insecticide Seed Treatment Market
170 - Market Data Tables
65 - List of Figures
225 – Pages
The report includes Vendor Assessment (Company Profiles, Market Positioning, Strategies, Recent Developments, Capabilities & Product Offerings / Mapping), Technology Assessment (Developments & Economic Impact), Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional FootPrint by MarketDigits.
Market Overview
The Insecticide Seed Treatment Market is experiencing significant growth and evolution as agricultural practices continue to prioritize sustainable and efficient crop protection strategies. This market is driven by the increasing global demand for food production and the need for enhanced crop yields. Insecticide seed treatments offer a targeted and environmentally friendly solution, providing early protection against pests and reducing the reliance on traditional foliar applications. The adoption of genetically modified seeds and advancements in seed coating technologies further contribute to the market's expansion. Additionally, stringent regulations on chemical pesticide use and growing awareness of environmental sustainability among farmers are propelling the demand for insecticide seed treatments. As a result, the Insecticide Seed Treatment Market is poised for continued expansion, with a focus on innovative formulations and integrated pest management solutions.
Major Vendors in the Global Insecticide Seed Treatment Market:
- ASF SE
- Bayer AG
- Syngenta
- ADAMA India Private Limited
- Sumitomo Chemical (UK) plc
- Certis USA L.L.C.
- Nufarm Australia
- DuPont
- Element Solutions Inc
- Novozymes
- FMC Corporation
- Valent BioSciences LLC
- Croda International Plc
- Arysta LifeScience Corporation
- KENSO New Zealand
- Gowan Company
- Corteva
- UPL
- Germains Seed Technology
- Plant Health Care plc
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Increasing demand for food security
The escalating demand for food security on a global scale stands as a pivotal driver for the Insecticide Seed Treatment Market. With the world population steadily increasing, there is a heightened urgency to maximize agricultural productivity and ensure a stable and sufficient food supply. Insecticide seed treatments play a crucial role in this scenario by providing an efficient and targeted approach to pest management from the very inception of plant growth. By safeguarding seeds against insect damage and pest infestations, these treatments contribute to higher crop yields and overall food production. Farmers are increasingly recognizing the importance of protecting their crops at the seed stage to enhance resilience and ensure a more reliable harvest, aligning with the broader goal of achieving food security for a growing global population. As a result, the Insecticide Seed Treatment Market is witnessing robust growth driven by the imperative need to address food security challenges.
Market Dynamics
Drivers:
- Growing demand for crop protection
- Rising prevalence of pest resistance
Opportunities:
- Investing in research and development
- Partnering with other agtech companies
Increased use of precision farming
The Insecticide Seed Treatment Market is witnessing a notable trend with the increased adoption of precision farming practices. Precision farming leverages technology to optimize the efficiency of agricultural operations, and this includes the targeted application of insecticide seed treatments. Precision farming technologies, such as GPS-guided equipment and data analytics, enable farmers to precisely manage the application of insecticides on seeds, ensuring that treatments are tailored to specific areas and needs within a field. This approach not only enhances the effectiveness of pest control but also minimizes the environmental impact by reducing the overall amount of chemicals used. The integration of precision farming into the Insecticide Seed Treatment Market reflects a strategic shift towards more sustainable and resource-efficient agricultural practices, meeting the demand for both increased productivity and environmental stewardship in modern agriculture. As this trend continues, it is expected to contribute significantly to the market's growth and evolution.
The market for Insecticide Seed Treatment Market is dominated by Asia Pacific.
The Asia-Pacific region has emerged as a dominant force in the Insecticide Seed Treatment Market due to several key factors. Firstly, the region is home to some of the world's most populous countries, such as China and India, where there is a substantial demand for increased agricultural productivity to feed growing populations. Moreover, the Asia-Pacific agricultural landscape is diverse, encompassing a wide range of crops and climatic conditions, making insecticide seed treatments a versatile and essential tool for pest management across various crops. Additionally, as economies in the region continue to develop, there is an increasing adoption of advanced agricultural technologies, including precision farming practices and genetically modified seeds, which often go hand in hand with insecticide seed treatments. The emphasis on sustainable farming practices and the need to address food security challenges further contribute to the prominence of the Asia-Pacific region in the Insecticide Seed Treatment Market.
Bio-based insecticides Segment is anticipated to hold the Largest Market Share during the Forecast Period
Based on Type segment is categorized into Chemical insecticides and Bio-based insecticides. The bio insecticide segment has gained a major share in the by-type segment of the Insecticide Seed Treatment Market due to the increasing global demand for sustainable and environmentally friendly agricultural practices. Bio insecticides are derived from natural sources such as bacteria, fungi, and botanical extracts, offering a biological alternative to chemical insecticides. This growing preference for bio-based solutions is driven by concerns over the ecological impact of traditional chemical treatments and the need to minimize pesticide residues in food products. Bio insecticides are perceived as safer for the environment, non-toxic to humans and beneficial organisms, and often have a targeted action against specific pests. As a result, farmers are increasingly incorporating bioinsecticide seed treatments into their pest management strategies, leading to a significant market share within the Insecticide Seed Treatment segment.
Seed treatment technology is becoming increasingly sophisticated, enabling more precise and efficient application of active ingredients. For example, Bayer Crop science has developed a new seed coating technology that provides a controlled-release formulation of insecticide, ensuring that the active ingredient is released at the optimal time for pest control. Insecticide seed treatment companies are placing a greater emphasis on sustainability, developing products that are less toxic, more environmentally friendly, and compatible with integrated pest management practices. For example, Novozymes has developed a biological seed treatment product that utilizes naturally occurring microorganisms to control pests and diseases.
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