Brazil Seed Treatment Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 1.98 Billion |
| Market Size (2029) | USD 2.36 Billion |
| CAGR (2024 - 2029) | 4.50 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Brazil Seed Treatment Market Analysis
The Brazil Seed Treatment Market size is estimated at USD 1.98 billion in 2024, and is expected to reach USD 2.36 billion by 2029, growing at a CAGR of 4.5% during the forecast period (2024-2029).
Soybeans, maize, sugar cane, wheat, beans, coffee, and rice represent the primary crops cultivated on a large scale. However, they are also highly vulnerable to seed and soil-borne diseases and insect pests, which can hinder crop emergence and growth. Seed treatment methods prove highly effective in managing these early-growing diseases and controlling insect pests.
The major driving factors for the market are the increasing adoption rate of genetically engineered seeds in the country and the rising production level of quality soybean for domestic consumption (human and livestock) and the export market. These factors boosted the seed treatment market in Brazil in the past few years.
The market share analysis of the study concluded that the market was consolidated with a few international players occupying a major portion of the market through a diverse product portfolio. Some of the major players in the Brazilian seed treatment industry include Syngenta, Bayer CropScience, BASF SE, Corteva Agriscience, and Nufarm Limited, among others.
Brazil Seed Treatment Market Trends
Rising Adoption of GM Seeds
Brazil, one of the largest food baskets in the world, has registered a steep rise in the adoption of genetically modified crops, with the total area under transgenic crops amounting to 50.2 million hectares in 2017, as revealed in a study by International Service for the Acquisition of Agri-biotech Applications (ISAAA). Cotton, soybean, and corn are the major biotech crops prevalent in Brazil. The area under GM crops further rose by 1.1 million hectares in 2018, thereby, leaving a wider scope for the seed treatment market to capture potential space in the expansion in treating seeds on a massive scale. For instance, Bayer would reportedly launch the INTACTA 2 XTEND seed technology, which allows the genetically modified soybeans to be treated with dicamba without being harmed, in Brazil during the 2021-2022 cropping season. As a result, the surging area under genetically engineered seeds in Brazil is anticipated to lead to rapid penetration of seed treatment products, thereby, driving the market, during the forecast period.
Increasing Production of Soybean
The production of Soybean, one of the largest growing crops in Brazil, increased immensely from 86,760.5 thousand metric tons in 2014 to 117,887.6 thousand metric tons in 2018. The area harvested also increased by 12% from 30,273.7 thousand hectares in 2014 to 34,771.6 thousand hectares in 2018. Further, a competitive Real driven by the devaluation of the currency against the US Dollar, is expected to boost soybean prices by almost 10% in the export market, further encouraging farmers to raise the level of production in the country. Moreover, a growing need for high-quality domestic ingredients for livestock feed in the country is anticipated to play a vital role in driving soybean production. These factors are expected to be beneficial for the growth of the seed treatment industry in the future. Owing to the demand, BASF launched Bomvoro, an efficient solution for the treatment of soybean seeds, in Brazil, in 2018.
Brazil Seed Treatment Industry Overview
The market for seed treatment in Brazil is consolidated, with a few global players leading the market with a highly diversified product portfolio and several acquisitions and agreements taking place to gain a major share in the industry. Some of the major players in the Brazilian seed treatment industry include Syngenta, Bayer CropScience, BASF SE, FMC Corporation, Corteva Agriscience, Nufarm Limited, and UPL limited, among others.
Brazil Seed Treatment Market Leaders
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Syngenta
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Bayer CropScience
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BASF SE
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Corteva Agriscience
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FMC Corporation
*Disclaimer: Major Players sorted in no particular order
Brazil Seed Treatment Market News
May 2022: Corteva Agriscience in Brazil expanded its portfolio, services, and industrial infrastructure to commercial partners to strengthen its activities in the seed treatment industry. For instance, the company strengthened its operations in the area of seed treatment with the new global brands LumiGEN and Ampl.
Brazil Seed Treatment Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
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4.4 Porters Five Force's Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 Function
- 5.1.1 Insecticide
- 5.1.2 Fungicide
- 5.1.3 Nematicide
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5.2 Crop Type
- 5.2.1 Commercial crops
- 5.2.2 Fruits and Vegetables
- 5.2.3 Grains and Cereals
- 5.2.4 Pulses and Oilseeds
- 5.2.5 Turf and Ornamentals
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Strategies
- 6.2 Market Share Analysis
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6.3 Company Profiles
- 6.3.1 Syngenta
- 6.3.2 Bayer CropScience AG
- 6.3.3 BASF SE
- 6.3.4 Corteva Agriscience
- 6.3.5 Nufarm Limited
- 6.3.6 FMC Corporation
- 6.3.7 UPL Limited
- 6.3.8 Sumitomo Co. Ltd
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityBrazil Seed Treatment Industry Segmentation
Seed treatment is a process where chemicals are used to treat or dress seeds prior to planting. For the purpose of the study, the seed treatment market has been broadly segmented into application and crop type. The report presents a detailed analysis of the share, size, and volume of the seed treatment market in Brazil. The corporations in the market operate in both the B2B and B2C format.
| Function | Insecticide |
| Fungicide | |
| Nematicide | |
| Crop Type | Commercial crops |
| Fruits and Vegetables | |
| Grains and Cereals | |
| Pulses and Oilseeds | |
| Turf and Ornamentals |
Brazil Seed Treatment Market Research FAQs
How big is the Brazil Seed Treatment Market?
The Brazil Seed Treatment Market size is expected to reach USD 1.98 billion in 2024 and grow at a CAGR of 4.5% to reach USD 2.36 billion by 2029.
What is the current Brazil Seed Treatment Market size?
In 2024, the Brazil Seed Treatment Market size is expected to reach USD 1.98 billion.
Who are the key players in Brazil Seed Treatment Market?
Syngenta, Bayer CropScience, BASF SE, Corteva Agriscience and FMC Corporation are the major companies operating in the Brazil Seed Treatment Market.
What years does this Brazil Seed Treatment Market cover, and what was the market size in 2023?
In 2023, the Brazil Seed Treatment Market size was estimated at USD 1.89 billion. The report covers the Brazil Seed Treatment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Brazil Seed Treatment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Seed Treatment in Brazil Industry Report
Statistics for the 2024 Seed Treatment in Brazil market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Seed Treatment in Brazil analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
