Market Size of Global Chemical Seed Treatment Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 7.36 Billion |
| Market Size (2029) | USD 9.31 Billion |
| CAGR (2024 - 2029) | 4.80 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Chemical Seed Treatment Market Analysis
The Global Chemical Seed Treatment Market size is estimated at USD 7.36 billion in 2024, and is expected to reach USD 9.31 billion by 2029, growing at a CAGR of 4.80% during the forecast period (2024-2029).
The impact of the COVID-19 pandemic on the seed treatment market has been minimal, mainly due to transportation barriers. The impact of lockdowns or disruptions has been exempted by the government for all types of agricultural activities, hence there has been no such effect of corona outbreak. Indeed, the agrochemical companies have made double-digit profits as compared to last year, due to panic buying behavior from farmers. Growing awareness among farmers over the use of seed treatment has resulted in support from the government. Multiple seed banks are being managed by the governments of developing countries, at the national, as well as village levels, in order to store seeds that are properly treated by seed treatment chemicals, hence preventing the rotting of seeds. Encouraging government regulations and campaigns over the use of seed treatment is driving the market. The global market for seed treatment comprises chemical agents, including insecticides, fungicides, and other chemicals, of which chemical agents form the most dominant application segment.
