Wheat Seed Treatment Market Size, Share, Opportunities, And Trends By Application (Chemical, Biological), By Function (Seed Protection, Seed Enhancement, Other Functions), By Application Techniques (Seed Coating, Seed Pelleting, Seed Dressing, Other Application Techniques), And By Geography - Forecasts From 2024 To 2029
- Published : Aug 2024
- Report Code : KSI061615550
- Pages : 145
The wheat seed treatment market is estimated to grow at a CAGR of 7.37%, from US$2.081 billion in 2022 to US$3.423 billion in 2029 during the forecast period.
The wheat seed treatment segment is urged by the increasing food demand worldwide; hence, a higher output of wheat is needed. Moreover, seed treatments are becoming common among farmers to shield crops against diseases, pests, and environmental stresses, which in turn escalates yield potential and crop quality.
Various types of wheat seed treatment products are available, such as Kodiak, mycostop, soilgard, and others. Moreover, there are technological advancements and rising demand for the product due to the growing need for wheat among people. The diversification, along with the technological advancements, aids the growth of the wheat seed treatment market.
Wheat Seed Treatment Market Drivers:
- Wheat production and a growing population worldwide will result in increased demand.
Global wheat production was 779 tons in 2022. While the USDA predicted a 0.16% growth rate of 1.26 million tons by 2023, the volume of global wheat production was around 33 million tons in 2023.
Subsequently, the USDA's projections for the consumption of wheat to increase in the coming years because of the increased population should be considered. For example, the population is projected to increase to the 9.1 billion mark, and food consumption is anticipated to increase maximally by 50% by 2050, based on the UN report. This growing demand for wheat indicates the increasing market of wheat seed treatment products that protect the crop from different diseases thus, the market size for them will increase.
- Increased benefits and higher yields are anticipated to boost the market expansion.
Wheat seed treatments are beneficial for seed protection and enhancement, thereby enabling a higher yield. In most cases, crop seed coating takes about three or four weeks to protect the seedling until it is well established and often improves the germination rate. The seed treatment acts as a shield, resisting the seeds from fungal pathogens and insects, such as wireworms and aphids.
For instance, chlorpyrifos emida chloropid insecticide protects wheat from termites. Moreover, the seed treatment provides nutrients to the wheat crop through seed coating, pelleting, and dressing. These phenomenal benefits will boost the wheat seed treatment market size during the forecasted period.
- Technological advancements are driving the market growth.
Wheat seed treatment techniques are constantly modernizing with the help of smart technologies. For example, a novel Non-thermal plasma technology (NTP) is an ecological seed treatment agency that reinforces seed germination and controls seed-borne pests. Nanotechnology for seed incorporation allows the manufacture of nanoscale agrochemicals, and their application is sustainable.
Moreover, reactive oxygen species (ROS) are further made available in the market, enabling enzyme activity at the starch-degrading site. The evolving technique and continuous research will aid the wheat seed treatment market size.
- Unfavorable climate conditions will impact the market growth.
The rate at which climate change is occurring is alarming, and it is affecting crop production globally, which indicates that crop productivity and the amount that can be produced are mostly climate-dependent. For example, according to industry experts, Indian wheat production in the crop year 2021-22 decreased around 3 percent, partly because of heat waves in Punjab and Haryana state.
Moreover, severe droughts impacted wheat production in China, Russia, and the Kazakhstan region, thereby increasing global food insecurity. To cope with the growing demand, farmers are anticipated to adopt wheat seed treatment more frequently, thus propelling the market growth for wheat seed treatment products.
Wheat Seed Treatment Geographical Outlook
- North America is expected to be the largest market for wheat treatment.
The North American region is expected to show a higher increase in the wheat seed treatment market owing to technological advancements and farmers' adoption of smart techniques to increase crop yield. Wheat is ranked third in the U.S. crop production list and planted acreage in 2022-23, according to the USDA. The USA generally ranks among the top five wheat exporters in the world, according to USDA reports.
However, Rust, Fusarium spp, and nematodes are the major causes of annual wheat production losses in the region. The government funds research and development projects to innovate new seed treatment technology to improve yields and efficiency.
Wheat Seed Treatment Market Major Players and Products:
- DIVIDEND®, developed by Syngenta Crop, is a triazole-based seed treatment product extensively used to increase wheat production. It controls seed-borne and soilborne diseases and early pathogens such as Tilletia controversa, Rhizoctonia sp., Septoria sp., and many others.
- DYNA-SHIELD® FOOTHOLD® VIROCK®, developed by Loveland Products, protects seedlings against insect injuries such as metalaxyl, tebuconazole, fludioxonil, and others. It also protects against seed decay caused by Aspergillus, penicillium, and other species.
- Awaken ST, a seed treatment developed through ACA technology, features the zinc ammonium acetate (ZAA) emulsion with a micronutrient package. Awaken ST leads to quicker emergence and lesser factory biomass by promoting root growth. It fleeces the seed with nutrients and has been shown to facilitate early vigor and advanced yields. It has been shown to ease early vigor post-emergence and increase implicit yield compared to undressed seed advanced root biomass observed in the treated seed.
Wheat Seed Treatment Market Key Developments:
- In February 2024, Locus Agriculture (Locus AG) announced the addition of six additional biological treatments to its Rhizolizer® Duo product range, marking a significant leap in row crop farming. The biologicals are readily available for in-furrow, upstream, and downstream seed treatments, meeting the changing demands of row crop farmers, seed treatment firms, agricultural merchants, and distributors.
- In March 2023, Syngenta Crop partnered with Aphea to develop a new biostimulant seed treatment product, ACTIV, based on microorganisms. This product enables farmers to reduce the usage of fertilizers and increase the yield by up to 5%.
- In December 2022, EVOIA announced the launch of its first seed treatment product for spring 2023. The seed treatment is manufactured by Biochar and named AmpliFYR. It is suitable for wheat, corn, and soybeans and increases seedling root and shoots growth. Moreover, it is 100% biobased as part of the USDA BioPreferred program and certified with the California Fertilizing Materials Law and regulations.
- In November 2022, the U.S. Environmental Protection Agency (EPA) granted a label expansion to the new seed treatment product Lumivia® CPL seed-applied insecticide. Lumivia®, made by Corteva Agriscience, is an insecticide that is very resistant to diseases of wheat, barley, pulses, and lentils.
Segmentation:
- By Application
- Chemical
- Biological
- By Function
- Seed Protection
- Seed Enhancement
- Other Functions
- By Application Techniques
- Seed Coating
- Seed Pelleting
- Seed Dressing
- Other Application Techniques
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Israel
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Taiwan
- Thailand
- Indonesia
- Others
- North America
Frequently Asked Questions (FAQs)
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base, and Forecast Years Timeline
1.8. Key Benefits for the stakeholder
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Processes
3. EXECUTIVE SUMMARY
3.1. Key Findings
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
4.5. Analyst View
5. WHEAT SEED TREATMENT MARKET, BY APPLICATION
5.1. Introduction
5.2. Chemical
5.2.1. Market Trends and Opportunities
5.2.2. Growth Prospects
5.2.3. Geographic Lucrativeness
5.3. Biological
5.3.1. Market Trends and Opportunities
5.3.2. Growth Prospects
5.3.3. Geographic Lucrativeness
6. WHEAT SEED TREATMENT MARKET, BY FUNCTION
6.1. Introduction
6.2. Seed Protection
6.2.1. Market Trends and Opportunities
6.2.2. Growth Prospects
6.2.3. Geographic Lucrativeness
6.3. Seed Enhancement
6.3.1. Market Trends and Opportunities
6.3.2. Growth Prospects
6.3.3. Geographic Lucrativeness
6.4. Other Functions
6.4.1. Market Trends and Opportunities
6.4.2. Growth Prospects
6.4.3. Geographic Lucrativeness
7. WHEAT SEED TREATMENT MARKET, BY APPLICATION TECHNIQUES
7.1. Introduction
7.2. Seed Coating
7.2.1. Market Trends and Opportunities
7.2.2. Growth Prospects
7.2.3. Geographic Lucrativeness
7.3. Seed Pelleting
7.3.1. Market Trends and Opportunities
7.3.2. Growth Prospects
7.3.3. Geographic Lucrativeness
7.4. Seed Dressing
7.4.1. Market Trends and Opportunities
7.4.2. Growth Prospects
7.4.3. Geographic Lucrativeness
7.5. Other Application Techniques
7.5.1. Market Trends and Opportunities
7.5.2. Growth Prospects
7.5.3. Geographic Lucrativeness
8. WHEAT SEED TREATMENT MARKET, BY GEOGRAPHY
8.1. Introduction
8.2. North America
8.2.1. By Application
8.2.2. By Function
8.2.3. By Application Techniques
8.2.4. By Country
8.2.4.1. USA
8.2.4.1.1. Market Trends and Opportunities
8.2.4.1.2. Growth Prospects
8.2.4.2. Canada
8.2.4.2.1. Market Trends and Opportunities
8.2.4.2.2. Growth Prospects
8.2.4.3. Mexico
8.2.4.3.1. Market Trends and Opportunities
8.2.4.3.2. Growth Prospects
8.3. South America
8.3.1. By Application
8.3.2. By Function
8.3.3. By Application Techniques
8.3.4. By Country
8.3.4.1. Brazil
8.3.4.1.1. Market Trends and Opportunities
8.3.4.1.2. Growth Prospects
8.3.4.2. Argentina
8.3.4.2.1. Market Trends and Opportunities
8.3.4.2.2. Growth Prospects
8.3.4.3. Others
8.3.4.3.1. Market Trends and Opportunities
8.3.4.3.2. Growth Prospects
8.4. Europe
8.4.1. By Application
8.4.2. By Function
8.4.3. By Application Techniques
8.4.4. By Country
8.4.4.1. United Kingdom
8.4.4.1.1. Market Trends and Opportunities
8.4.4.1.2. Growth Prospects
8.4.4.2. Germany
8.4.4.2.1. Market Trends and Opportunities
8.4.4.2.2. Growth Prospects
8.4.4.3. France
8.4.4.3.1. Market Trends and Opportunities
8.4.4.3.2. Growth Prospects
8.4.4.4. Spain
8.4.4.4.1. Market Trends and Opportunities
8.4.4.4.2. Growth Prospects
8.4.4.5. Others
8.4.4.5.1. Market Trends and Opportunities
8.4.4.5.2. Growth Prospects
8.5. Middle East and Africa
8.5.1. By Application
8.5.2. By Function
8.5.3. By Application Techniques
8.5.4. By Country
8.5.4.1. Saudi Arabia
8.5.4.1.1. Market Trends and Opportunities
8.5.4.1.2. Growth Prospects
8.5.4.2. UAE
8.5.4.2.1. Market Trends and Opportunities
8.5.4.2.2. Growth Prospects
8.5.4.3. Israel
8.5.4.3.1. Market Trends and Opportunities
8.5.4.3.2. Growth Prospects
8.5.4.4. Others
8.5.4.4.1. Market Trends and Opportunities
8.5.4.4.2. Growth Prospects
8.6. Asia Pacific
8.6.1. By Application
8.6.2. By Function
8.6.3. By Application Techniques
8.6.4. By Country
8.6.4.1. China
8.6.4.1.1. Market Trends and Opportunities
8.6.4.1.2. Growth Prospects
8.6.4.2. Japan
8.6.4.2.1. Market Trends and Opportunities
8.6.4.2.2. Growth Prospects
8.6.4.3. India
8.6.4.3.1. Market Trends and Opportunities
8.6.4.3.2. Growth Prospects
8.6.4.4. South Korea
8.6.4.4.1. Market Trends and Opportunities
8.6.4.4.2. Growth Prospects
8.6.4.5. Taiwan
8.6.4.5.1. Market Trends and Opportunities
8.6.4.5.2. Growth Prospects
8.6.4.6. Thailand
8.6.4.6.1. Market Trends and Opportunities
8.6.4.6.2. Growth Prospects
8.6.4.7. Indonesia
8.6.4.7.1. Market Trends and Opportunities
8.6.4.7.2. Growth Prospects
8.6.4.8. Others
8.6.4.8.1. Market Trends and Opportunities
8.6.4.8.2. Growth Prospects
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Market Share Analysis
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Competitive Dashboard
10. COMPANY PROFILES
10.1. Adama Agricultural Solutions Ltd
10.2. BASF SE
10.3. Bayer CropScience AG
10.4. Bioworks Inc.
10.5. Corteva Agriscience (DowDuPont)
10.6. Germains Seed Technology (Associated British Foods Plc)
10.7. Incotec Group BV (Croda International)
10.8. Nufarm Ltd
10.9. Syngenta International AG
Adama Agricultural Solutions Ltd
BASF SE
Bayer CropScience AG
Corteva Agriscience (DowDuPont)
Germains Seed Technology (Associated British Foods Plc)
Incotec Group BV (Croda International)
Nufarm Ltd
Syngenta International AG
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