Market Trends of Italy Seed Treatment Industry
This section covers the major market trends shaping the Italy Seed Treatment Market according to our research experts:
Decreasing Arable Land
The growing population and rising demand for food have accelerated the practice of seed treatment to increase productivity. The demand for treated seeds is high in Italy, as cereal crops, like maize, barley, and fruits and vegetables, like grapes and sugar beet, are cultivated on a large scale in the country. According to the Food and Agriculture Organization, the area cultivated under various crops are declining year after year and in order to meet the increasing demand, farmers had to implement the seed treatment methodology in order to sustain with a considerable return on investment. The regulatory uncertainty of the product approvals and doubts regarding their efficacy and environmental concerns arising from the usage of chemical products has hampered the growth of these products across the world. The organic methods of farming and GM crops are seen as threat to the seed treatment market. Also with growing demand for biological treatment are seen as threat to chemical seed treatment.
Biological Seed Treatment is Dominating the Market
The national plan for organic agriculture and organic produce was developed by the Ministry of Agriculture and Forestry Policies (MiPAAF) whichi is assisting the increasing organic land area in Italy. The demand for the organic farming market in Europe countries like Italy is increasing the demand for non-chemical seed treatment products and European Union legislation on organic farming and other regulations apply in Italy. Ban of GMO seeds and demand for higher yield is encouraging the seed treatment practice. In May 2018, the European Union adopted the regulation to completely ban the outdoor usage of imidacloprid, clothianidin, and thiamethoxam. This development is expected to affect the market for these pesticides in the European region. The Italian market has grown steadily over the past few years, with the financial crisis having no significant effect on it. It is estimated that most of the organic products consumed in the country are produced domestically. Hence the increasing organic farmland in the country is anticipated to increase the Biological seed treatment market in the country studied during the forecast period.
