Market Size of Maize Seed Treatment Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 1.77 Billion |
Market Size (2029) | USD 2.63 Billion |
CAGR (2024 - 2029) | 8.40 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Maize Seed Treatment Market Analysis
The Maize Seed Treatment Market size is estimated at USD 1.77 billion in 2024, and is expected to reach USD 2.63 billion by 2029, growing at a CAGR of 8.40% during the forecast period (2024-2029).
- Maize is grown over 197 million hectares worldwide and is the third important cereal crop, after rice and wheat. The crop has high degree of penetration in commercial hybrid seeds, including genetically modified seed, and farmers adopt advanced farming practices for maize cultivation in both developed and developing markets.
- In last three years, there was a widespread incidence of the pest fall amyworm in maize cultivation. Proper seed treatment can go a long way in protecting young plants against this deadly pest. Companies have also been engaging in R&D to develop products that target fall amyworm.