Rice Seed Treatment Market Size (2024 - 2029)

Rice Seed Treatment Market Analysis

The Rice Seed Treatment Market size is estimated at USD 37.87 million in 2024, and is expected to reach USD 46.29 million by 2029, growing at a CAGR of 4.10% during the forecast period (2024-2029).

In the initial days of the outbreak, the agriculture sectors were partially affected by the COVID-19 pandemic, but agricultural chemicals and fertilizers, which are import-dependent, saw supply disruptions for longer. However, preventive measures and initiatives were taken to ensure supply.

China being the major producer of agricultural chemicals, disruptions to production would have a ripple effect on North American supplies of crop protection inputs, including seed treatment. However, although produced overseas, the active chemical ingredients of a pesticide are formulated in North America to produce the end product, including seed treatment. As per the Canadian Association of Agri-Retailers, most products are generally committed in advance in a year or two. Therefore, the Canadian industry was well-supplied with the inputs for the 2020 growing season.

Seed treatment plays an important role in protecting the seeds and seedlings from seed and soil-borne diseases and insect pests affecting crop emergence and growth. The adoption of this practice by rice farmers across the globe requires effective extension strategies to make the appropriate chemical pesticides/bio-pesticides and equipment available to the farmers, besides making them aware of seed treatment, post-treatment handling of seeds, and planting materials.

In application type, the biological segment is anticipated to witness the fastest growth. With the increasing concern for the environment and product launches by major market players, the biological seed treatment is anticipated to grow at a faster rate during the forecast period.

By application technique, seed dressing was the largest segment in 2020. According to the study, seed dressing is found to be the most convenient and cost-effective seed treatment technique. For instance, in Asia-Pacific (the largest market), where most farmers are small-scale farmers with low income, this technique is found to be effective. Hence, the market is projected to grow in the coming years.

The developments in the crop protection industry, increasing government support, and the increasing demand and adoption of high-quality seeds are some of the factors driving the global rice seed treatment market during the forecast period.

Rice Seed Treatment Industry Segmentation

According to the International Seed Federation, seed treatment products are biological, physical, and chemical agents and techniques applied to seeds in order to protect and improve the establishment of healthy crops. The report presents an in-depth analysis of the market share, size, and trends of the rice seed treatment market on a global scale.

The global rice seed treatment market is segmented by Application (Chemical and Non-chemical), Function (Seed Protection, Seed Enhancement, and Other Functions), Application Techniques (Seed Coating, Seed Pelleting, Seed Dressing, and Other Application Techniques), and Geography (North America, Europe, Asia-Pacific, South America, and Africa). The report offers market size and forecasts in terms of value (USD million) for all the above segments.