The Europe seed treatment market size was USD XX Bn in 2022 and is likely to reach USD XX Bn by 2031, expanding at a CAGR of 5.4% during 2023–2031.Growth of the market is attributed to rising demand to improve crop production and quality, 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.
Market Trends, Drivers, Restraints, and Opportunities
Rising demand to improve crop production and quality are expected to propel the market during the forecast period.
High maintenance cost of treated seeds is projected to impede the market growth.
Short shelf life of treated seeds acts as major challenges that can restrict the market growth during the forecast period.
R&D investment and technological advancement in seed sector is anticipated to create lucrative opportunities for the market players.
Scope of Seed Treatment Market Report
The report on the Europe seed treatment market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Europe Seed Treatment Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
Chemical Origin (Synthetic and Biological), Product Type (Insecticides, Fungicides, and Others), Application Technique (Seed Coating, Seed Pelleting, Seed Dressing, and Others) Crop Type (Grains & Cereals, Pulses & Oilseeds, Fruits & Vegetables, and Others)
Germany, United Kingdom, France, Spain, Russia, Italy, and Rest of Europe
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report
Certis Europe; BASF SE; Syngenta; Bayer CropScience AG; and Philagro France
Seed Treatment Market Segment Insights
The biological segment is projected to hold a major market share
Based on chemical origin, the Europe seed treatment market is bifurcated into synthetic and biological. The biological segment is expected to represent a key share of the market during the forecast period. The need for non-chemical seed treatment solutions is rising throughout Europe as the organic agricultural sector grows.
According to Eurostat, organic farming covered 13.4 million hectares of agricultural land in European nations in 2018, and this number continues to rise. Furthermore, organic farming accounted for 7.5 percent of all agricultural land in Europe. Spain (16.7 percent), France (15.1 percent), Italy (14.6 percent), and Germany (9.1 percent) accounted for more than half of all organically farmed land in 2018, accounting for 55.5 percent of the total share. As a consequence of the increased awareness of organic farming in the region, the area under organic farming is rapidly expanding.
The insecticide segment is expected to grow at a rapid pace
On the basis of product type, the Europe 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.
The seed coating segment is anticipated to register rapid CAGR
In terms of application technique, the Europe seed treatment market is segmented into seed coating, seed pelleting, seed dressing, and others. 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, a 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.
The cereals & grains is estimated to constitute a key market share
Based on crop type, the Europe seed treatment market is segregated into grains & cereals, pulses & oilseeds, fruits & vegetables, and others. 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.
France and Germany are anticipated to dominate the market
On the basis of geography, the Europe seed treatment market is classified as Germany, United Kingdom, France, Spain, Russia, Italy, and Rest of Europe. France and Germany is anticipated to dominate the market during the forecast period. France and Germany are the major seed treatment users, accounting for more than 82.3% of the market. A steady regulatory drive to limit the use of agrochemicals and raising public knowledge of the dangers of agrochemical residues in food has resulted in a considerable growth in demand for seed treatments in other parts of the world.
The Europe seed treatment market has been segmented on the basis of
- Seed Coating
- Seed Pelleting
- Seed Dressing
- Grains & Cereals
- Pulses & Oilseeds
- Fruits & Vegetables
- United Kingdom
- Rest of Europe
Key players competing in the Europe seed treatment market include Certis Europe, BASF SE, Syngenta, Bayer CropScience AG, and Philagro France.
Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.