Growing demand for biofuels is predicted to increase corn production, which will help the seed treatment business expand. The market expansion of seed treatment is anticipated to be fueled by the upsurging demand for biofuels exposed to the rising requirement to preserve energy. Over the forecast period, it is anticipated that increasing fungal growth brought on by shifting climatic circumstances would hasten the expansion of the seed treatment market.
The global Seed Treatment Market is projected to surpass US$ 9.8 billion by the end of 2027, in terms of revenue, growing at CAGR of 9.2% during the forecast period (2020 to 2027).
Major Players in the Seed Treatment Industry:
1. Syngenta
Syngenta was founded in 2000. And its headquarter in Basel, Switzerland. The company operates in 90 countries. In 2019, Syngenta Seedcare and Bioceres Crop Solutions collaborate to bring innovative biological seed treatments to market.
2. Bayer CropScience AG,
Bayer CropScience AG, Was launch in 1863 and its headquarter located in Leverkusen, Germany. It operate over 83 country
3. Monsanto
Monsanto was launch in 1991 and its headquarter located Creve Coeur, Missouri, U.S..it operate over 150 country
4. BASF
BASF was founded in 1865, with its headquarters in Ludwigshafen, Germany.it operate over 91 countries, In 20218 BASF signs agreement to acquire additional seeds and crop protection businesses and assets from Bayer
5. Dow Agro Sciences
Dow Agro Scienceswas launch in 1897 and its headquarter located in Ludwigshafen, Germany. it operate over 160 country .
6. DuPont
DuPont was launch in 1802 and its headquarter located Wilmington, Delaware, USA.it operate over 70 country.
*Definition- Seed treatment provides effective protection to the seed from insects, pathogens, and other pests. Moreover, seed treatment also contributes to the production of healthy and quality seed.
