North America Soybean Seed Treatment Market Growth | 2031

Segments - North America Soybean Seed Treatment Market by Chemical Origin (Synthetic and Biological), Applications (Commercial and Farm Level), and Geography (The US, Canada, Mexico, and Rest of North America) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

Author : Anuradha B. More

Fact-checked by : Vaibhav Chandola

Editor : Shruti Bhat

Report Description

The North America soybean seed treatment market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 6.3% during 2023–2031. The growth of the market is attributed to the rising local and worldwide demand for soybeans.

Crop protection chemicals or agrochemicals designed particularly for seeds, as well as genetically modified (GM) crop-seeds, make up the seed treatment business. In terms of market share and product innovation, the crop protection chemical industry is the most dominant category in this industry.

North America Soybean Seed Treatment Market Outlook

Insecticides, fungicides, bio-control seed treatments, and other seed treatment chemicals make up the seed treatment market. According to the US Department of Agriculture, the US is a prominent soybean grower, followed by Canada.

The Covid-19 pandemic has had a modest impact on the seed treatment business. The government state bodies has had exempted all types of agricultural enterprises from the impact of lockdowns or disruption. Moreover, the relaxation in restrictions is estimated to drive the growth of the market.

Market Trends, Drivers, Restraints, and Opportunities

Increase seedling diseases such as Pythium and Phytophthora is projected to drive the market.
Crop with a higher risk of pest infestation and challenges for farmers to achieve high yield for farmers is anticipated to foster the market.
Lack of unified government standards for treated seed and seed treatment active ingredient registration can hinder the market.
Soybean is used feed for poultry & dairy production, and also utilized in a variety of culinary dishes, which is estimated to spur the market growth.
Growing awareness about soybean seed treatment is estimated to propel the growth of the market.

Scope of North America Soybean Seed Treatment Market Report

The report on the North America soybean 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	Soyabean Seed Treatment Market - North America Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Chemical Origin (Synthetic and Biological and Applications (Commercial and Farm Level)
Regional Scope	The US, Canada, Mexico, and Rest of North America
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	BASE SE.; Syngenta.; Bayers Cropscience.; UPL Limited.; and Adama

North America Soybean Seed Treatment Market Segment Insights

Biological segment is expected to grow at a rapid pace

Based on chemical origin, the North America soyabean seed treatment market is bifurcated into synthetic and biological. The biological segment is expected to grow at a rapid pace during the forecast period as these seed treatment created from sustainable resources and contain natural active components.

The biological seed treatment refers to the bio-based seed treatment. When compared to chemical seed treatments, these seed treatments have little to no detrimental influence on the environment, the workforce, or consumer safety.

Commercial segment is projected to expand at a considerable CAGR

On the basis of applications, the market is segregated into commercial and farm Level. The commercial segment is projected to expand at a considerable CAGR during the forecast period as soybean is a versatile crop that may be used for food, feed, and fuel.

Soybean is mostly used as a feed for poultry & dairy production, and also used in a variety of culinary dishes. Farmers in the region are pushed to produce bigger volumes of soybean year after year in order to fulfil domestic and worldwide demand.

North America Soybean Seed Treatment Market Applications

The US is anticipated to constitute a key market share

In terms of regions, the North America soyabean seed treatment market is classified as the US, Canada, Mexico, Rest of North America. The US is expected to constitute a key share of the market during the projected period due to rising prevalence of seedling diseases such as Phytophthora & Pythium are the most serious hazards to soybeans. On the other hand, the market in Mexico is estimated to grow at a steady rate in the coming years.

Segments

The North America soyabean seed treatment market has been segmented on the basis of

Chemical Origin

Synthetic
Biological

Applications

Commercial
Farm level

Regions

The US
Canada
Mexico
Rest of North America

Key Players

BASE SE.
Syngenta.
UPL Limited.
Bayers Cropscience.
Adama

Competitive Landscape

Key players competing in the North America soyabean seed treatment market include BASE SE.; Syngenta.; Bayers Cropscience.; UPL Limited.; Adama. Some of these players are adopting various strategies, such as partnerships, acquisitions, and product launches to gain a larger share in the market. The soyabean seed market is fairly consolidated, with the top players controlling majority of market share.

North America Soybean Seed Treatment Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Soybean Seed Treatment Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Soybean Seed Treatment Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Soybean Seed Treatment Market - Supply Chain
  4.5. Global Soybean Seed Treatment Market Forecast
     4.5.1. Soybean Seed Treatment Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Soybean Seed Treatment Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Soybean Seed Treatment Market Absolute $ Opportunity
5. Global Soybean Seed Treatment Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Soybean Seed Treatment Market Size and Volume Forecast by Applications
     5.3.1. Commercial
     5.3.2. Farm level
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Soybean Seed Treatment Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Soybean Seed Treatment Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Soybean Seed Treatment Demand Share Forecast, 2019-2026
7. North America Soybean Seed Treatment Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Soybean Seed Treatment Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Soybean Seed Treatment Market Size and Volume Forecast by Applications
     7.4.1. Commercial
     7.4.2. Farm level
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Soybean Seed Treatment Demand Share Forecast, 2019-2026
8. Latin America Soybean Seed Treatment Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Soybean Seed Treatment Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Soybean Seed Treatment Market Size and Volume Forecast by Applications
     8.4.1. Commercial
     8.4.2. Farm level
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Soybean Seed Treatment Demand Share Forecast, 2019-2026
9. Europe Soybean Seed Treatment Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Soybean Seed Treatment Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Soybean Seed Treatment Market Size and Volume Forecast by Applications
     9.4.1. Commercial
     9.4.2. Farm level
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Soybean Seed Treatment Demand Share Forecast, 2019-2026
10. Asia Pacific Soybean Seed Treatment Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Soybean Seed Treatment Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Soybean Seed Treatment Market Size and Volume Forecast by Applications
     10.4.1. Commercial
     10.4.2. Farm level
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Soybean Seed Treatment Demand Share Forecast, 2019-2026
11. Middle East & Africa Soybean Seed Treatment Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Soybean Seed Treatment Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Soybean Seed Treatment Market Size and Volume Forecast by Applications
     11.4.1. Commercial
     11.4.2. Farm level
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Soybean Seed Treatment Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Soybean Seed Treatment Market: Market Share Analysis
  12.2. Soybean Seed Treatment Distributors and Customers
  12.3. Soybean Seed Treatment Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. BASE SE.
     12.4.2. Syngenta.
     12.4.3. Bayers Cropscience.
     12.4.4. UPL Limited.
     12.4.5. Adama