Seed Treatment Market Size, Share, Growth Analysis, By Type(Insecticides, Fungicides, Chemicals and Non-chemicals), By Crop(Corn, Soybean, Wheat, Canola and Others), By Function(Seed Protection and Seed Enhancement), By Region - Industry Forecast 2024-2031

Global Seed Treatment Market size was valued at USD 6.2 billion in 2022 and is poised to grow from USD 6.7 billion in 2023 to USD 12.4 billion by 2031, growing at a CAGR of 8.1% in the forecast period (2024-2031).

The growing use of seed treatment therapies in the agriculture industry are projected to increase pest and insect resistance to seeds due to their high efficacy. Seed treatment improves the fruit and leaf's ability to kill certain insects and pests. With seed treatments to strengthen them, agricultural goods are produced with a higher yield. The practice of treating seeds is becoming increasingly common among farmers because it helps in preventing the transmission of infections and diseases through soil and seeds. As a result, more crops are grown and germination is increased. The use of seed treatment activities is rising as a result of growing health concerns about crops' and fruits' output. The global seed treatment market has been expanding as a result of this.

In light of increasing demand for fruits and vegetables, it has lately been noted that seed treatment is being used more frequently, particularly in emerging nations, to increase crop yields of fruits and vegetables. The widening disparity between supply and demand is limiting industry expansion and driving up the cost of insecticide and pesticide products.

Globally, there is a high demand for seed treatment to increase and protect high-yield crops. Developed nations such as the USA and Europe, with large agricultural product markets,are also one of the main producers of high-quality agricultural goods. The use of bio-based seed treatment techniques has grown because of rising demand for integrated pest management techniques, seed treatment, insect resistance, organic farming practices, and to dramatically cut on post-harvest crop losses.

The seed treatment market experienced significant growth in 2022 due to ongoing studies and developments in the sector, and this trend is expected to keep going in the coming years.