Segments - Canada Seed Treatment Market by Product Types (Insecticide, Fungicides, and Other Applications), Chemical Origin (Synthetic and Biological), Crop Types (Grains & Cereals, Pulses & Oil Seeds, Commercial Crops, Fruits & Vegetables, and Other Crop Types), Applications (Commercial and Farm Level), and Application Techniques (Seed Dressing, Seed Coating, Seed Pelleting, and Other Application Techniques) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
The Canada seed treatment market size was valued at USD 94.37 million in 2022 and is expected to reach USD 185.53 million by 2031 expanding at a CAGR of 7.8% during the forecast period, 2023–2031. Growth of the market is attributed to low cost of seed treatment, increasing benefits of seed treatment, reduction of arable land, and reduced danger of exceeding minimum residue levels.
Seed treatment is the process of applying chemicals or biological organisms to seeds in order to protect them from plant diseases, insects, or other pests that attack seeds, seedlings, or plants. It also allows seed improvement by increasing post-harvest performance and conditioning them before sowing.
In order to meet the rising population's food need, improved agricultural materials are necessary. There have been enormous attempts over the last several decades to enhance agricultural yields through innovative technology such as seed treatment. Seed treatment enables a precise manner of product administration in the field, providing high levels of protection against insects and disease while limiting possible crop protection agent exposure to humans and the environment.
Due to transportation obstacles, the impact of the COVID-19 pandemic on the seed treatment market has been modest. The government has exempted all types of agricultural activity from the effects of lockdowns or interruptions, thus there has been no such effect from the corona outbreak.
The report on the Canada seed treatment market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Seed Treatment Market - Canada Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016–2021 |
Forecast Period |
2023–2031 |
Segmentation |
Product Types (Insecticide, Fungicides, and Other product types), Chemical Origin (Synthetic and Biological), Crop Types (Grains & Cereals, Pulses & Oil Seeds, Commercial Crops, Fruits & Vegetables, and Other Crop Types), Applications (Commercial and Farm Level), and Application Techniques (Seed Dressing, Seed Coating, Seed Pelleting, and Other Application Techniques) |
Regional Scope |
Canada |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
BASF SE, Tata Rallis Pvt. Ltd., Syngenta International AG, Nufarm, and Adama Agricultural Solutions |
On the basis of product type, the Canada seed treatment market is divided into insecticides, fungicides, and others. The insecticide segment is expected to represent a key share of the market during the forecast period. Insecticides are chemicals that kill insects. They include ovicides and larvicides, which are used to kill insect eggs and larvae.
Insecticides are used by agriculture, medicine, industry, and consumers. Seed treatment refers to the use of biological, physical, and chemical treatments to promote the health of crops before they are planted. It aids in the management of infections and illnesses spread through soil and seed. It also increases crop production, decreases germination time, and improves overall output.
Based on chemical origin, the market is bifurcated into synthetic and biological. The biological segment is expected to hold a key share of the market during the forecast period owing to rising demand for organic farming in Canada is and ban of GMO seeds and demand for better yield is encouraging the seed treatment practice.
The Canadian market has grown progressively over the last few years, with the economic disaster having no large impact on it. On the other hand, the synthetic segment is anticipated to expand at a rapid pace during the forecast period. Chemical seed treatment witnesses increased choice among farmers because of its effectiveness, availability, and less complicated utility technique.
Based on crop types, the Canada seed treatment market is bifurcated into grains & oil seeds, cereals & pulses, commercial crops, fruits & vegetables, and other crop types. The cereals and grains segment is expected to hold a key share of the market during the forecast period. Seed treatment is mostly employed on high-yield cereals and grains such as maize, as well as oilseed crops such as soybean seed treatment.
Seed treatment for cereals and grains is primarily driven by causes such as rising demand for feed, population growth, and industrial applications such as animal feed, biofuel, and starch and ethanol manufacturing. The seed treatment for cereals and grains protects against soil-borne fungus and promotes consistent and reliable crops.
Based on application techniques, the market is fragmented into seed dressing, seed coating, seed pelleting, and other application techniques. The seed coating segment is expected to represent a key share of the market during the forecast period. Seed coating is a method of applying an active substance (such as a microbial inoculant) to the seed's surface using a binder and, in some circumstances, filler that can function as a carrier.
Seed coating is useful method for inoculating various agricultural seeds. It is mostly related to variables such as broad-spectrum use on all crop seeds, as well as raising seed economic value by improving seed appearance.
Based on applications, the Canada seed treatment market is bifurcated into commercial and farm level. The commercial segment is expected to represent a key share of the market during the forecast period. Seed treatment is becoming more and more popular in commercial agriculture. Seed treatment has proven to be a suitable method for controlling insects and diseases and stimulating growth at the beginning of the season.
In addition, some seed treatments can also improve seeding performance, handling, and fluidity. If used properly, seed treatments can often increase yield and quality, provide safety, and achieve a sustainable return on investment.
Key players competing in the seed treatment market include BASF SE, Tata Rallis Pvt. Ltd., Syngenta International AG, Nufarm, and Adama Agricultural Solutions
Some of these players are using several business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.