Market Size of Australia Seed Treatment Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 14.70 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Australia Seed Treatment Market Analysis
The seed treatment market is projected to register a CAGR of 14.7% during the forecast period (2020-2025). In Australia, chemical seed treatment occupies the highest market share, while the non-chemical seed treatment is the fastest-growing segment in the forecast period. The Australian Pesticides and Veterinary Medicines Authority (APVMA) regulates chemical seed treatments in the country and estimates that the wheat dominates the Australian market with a share of 37%, followed by canola with a share of 26%. The seed treatment market is driven by increasing awareness among the farming community, increasing demand for food grains, and economic growth among countries, among other factors. Various regulations and government agencies are encouraging the use of seed treatments because seed treatment offers effective seed protection from pathogens, insects, and other pests, in addition to contributing to the healthy and uniform stand establishment of a variety of crops produced.
