Market Size of France Seed Treatment Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 5.60 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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France Seed Treatment Market Analysis
The France seed treatment market is estimated to register a CAGR of 5.6%, during the forecast period (2020 - 2025). The seed treatment market is driven by increasing awareness among the farming community and increasing demand for food grains. Ban on GMO's in France has completely outlawed their cultivation, citing environmental risks. This encouraged the use of seed treatment practices to enhance productivity. The biological seed treatment segment is recording faster growth, owing to the adoption of organic farming practices due to the growing demand for organic products from the consumer end. Several big players like Bayer CropScience AG. Semences de France, Incotec Group, Philagro France, and Syngenta are dominating the market. Innovation in seed treatment technology is important to combat the problem of climate change and stay ahead of competitors. In 2019, Corteva launched a new product Lumiflex a seed-applied fungicide in corn.