Market Size of north america seed treatment Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 1.81 Billion |
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Market Size (2029) | USD 2.29 Billion |
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Largest Share by Function | Insecticide |
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CAGR (2024 - 2029) | 4.81 % |
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Largest Share by Country | United States |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
North America Seed Treatment Market Analysis
The North America Seed Treatment Market size is estimated at 1.81 billion USD in 2024, and is expected to reach 2.29 billion USD by 2029, growing at a CAGR of 4.81% during the forecast period (2024-2029).
1.81 Billion
Market Size in 2024 (USD)
2.29 Billion
Market Size in 2029 (USD)
5.32 %
CAGR (2017-2023)
4.81 %
CAGR (2024-2029)
Largest Segment by Function
80.81 %
value share, Insecticide, 2023
There have been notable advancements in insecticide formulations, resulting in improved effectiveness and ease of use, which made them more accessible and reliable for farmers.
Fastest-Grwoing Segment by Function
4.97 %
Projected CAGR, Insecticide, 2024-2029
There have been notable advancements in insecticide formulations, resulting in improved effectiveness and ease of use, which made them more accessible and reliable for farmers.
Largest Segment by Crop Type
44.14 %
value share, Grains & Cereals, 2023
The demand for seed treatments in grains and cereals is rising due to the numerous benefits, including effective control and suppression of diseases and insects.
Largest Segment by Country
83.41 %
value share, United States, 2023
Rising demand for food, increasing government initiatives, and increasing awareness about seed treatments in improving crop health and productivity are driving the market.
Leading Market Player
22.15 %
market share, Bayer AG, 2022
Bayer has partnered with Oerth Bio with an aim to develop next-generation crop protection products based on Oerth Bio's innovative protein degradation technology.
The market is fueled by increasing awareness of the benefits of seed-applied technologies in protecting and establishing healthy seedlings
- The seed treatment industry in North America is experiencing significant growth. The market value increased by 9.8% in 2022 compared to 2020. This growth is driven by growing awareness of the benefits of seed-applied technologies in protecting and establishing healthy seedlings and the need to improve overall productivity.
- The United States and Canada are leading agricultural nations that extensively use seed treatment chemicals to safeguard their crops against various fungal diseases and pests. These two countries hold a significant market share for seed treatments in the region. The United States constitutes approximately 83.4% of the regional market value, while Canada contributes around 3.7% of the market share.
- The availability of seed treatment products with advanced protection against pests, disease, and uncertain soil conditions during the critical early growth period results in improved effectiveness, which drives consumption, thereby contributing to the growth of the market.
- The seed treatment market is expected to witness a growth of 27.2% during the forecast period of 2023-2029. This growth is primarily driven by the rising demand for food production to meet the needs of a growing population. In order to optimize crop yields and minimize losses due to diseases and pests, farmers are increasingly adopting seed treatment, which plays a crucial role in improving seedling vigor and overall crop productivity.
- Therefore, growing awareness about the benefits of seed treatment, the availability of innovative products, and the rising adoption rate of seed treatment are expected to fuel the growth of the market during the forecast period.
Understand The Key Trends Shaping This Market
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Farmers are increasingly recognizing the value of seed treatments in improving crop health, which is leading to the expansion of the market
- The North American seed treatment market is expanding rapidly due to the rising consumption of seed treatment as farmers increasingly recognize the value of seed treatments in improving crop health and productivity.
- The seed treatment market includes a wide range of crops. Among all, grains and cereals accounted for 44.1% of market share in 2022. The rising incidence of pests and diseases is negatively affecting these crops, which is driving the adoption of seed treatments in grains and cereals.
- The United States is the largest seed treatment market in North America, accounting for a share of 83.4% in 2022. The country has been witnessing substantial growth driven by factors such as increasing demand for food security and rising adoption of seed treatment products.
- The market value increased in the region by 30.8% between 2017 and 2022. Government initiatives aimed at promoting sustainable agriculture and increasing food production boosted the seed treatment market in the region, mainly in the United States and Canada. For instance, the National Institute of Food and Agriculture (NIFA), through its funding initiatives, played a crucial role in advancing sustainable agriculture. One such program is the Sustainable Agriculture Research and Education (SARE) program, which has significantly supported farmers, growers, and rural communities.
- Another factor contributing to the growth of the seed treatment market is the growing sustainable agricultural practices. Seed treatments offer targeted protection against pests and diseases, reducing the reliance on broad-spectrum pesticides and minimizing the environmental impact.
- Therefore, the market is expected to register a CAGR of 4.8% during the forecast period (2023-2029).
