Market Size of Global Wheat Seed Treatment Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 2.20 Billion |
| Market Size (2029) | USD 3.60 Billion |
| CAGR (2024 - 2029) | 10.40 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Wheat Seed Treatment Market Analysis
The Global Wheat Seed Treatment Market size is estimated at USD 2.20 billion in 2024, and is expected to reach USD 3.60 billion by 2029, growing at a CAGR of 10.40% during the forecast period (2024-2029).
Owing to the increasing trade of wheat, because of the underlying rise in demand, and the emergence of pests and diseases, there is a need to improve wheat yields, which is driving an enhanced usage of seed treatment on wheat seeds, thus driving the seed treatment market.
North America dominates the wheat seed treatment market, however, Asia-Pacific and South America are showing a rapid pace of market growth. As per the United States Department of Agriculture (USDA) report 2019, global wheat supplies have increased by 4.9 million metric ton and global production increased to 3.3 million metric ton in the year 2018, compared to 2017. In addition, the report estimates the wheat production for India was recorded at 101.2 million metric ton and for European Union (EU) at 153.8 million metric ton in 2018. The increasing production indicates a higher demand for wheat seed treatment products as it is cost-effective and efficient in protecting seeds against climatic adversities.
The COVID-19 pandemic affected the availability of key intermediate inputs for farmers. With COVID reaching Canada just before planting season, concerns were centered on possible disruptions of seeds and crop protection product delivery. Therefore, low availability and/or high prices of inputs such as pesticides could weigh on yields consequently, seed treatment market as well.
Wheat Seed Treatment Industry Segmentation
Seed treatment is a practice of coating the seeds with crop protection chemicals, majorly fungicides and insecticides. The seeds sold in the market are either treated by seed companies internally and supplied to farmers or the farmers do seed treatment on the farm. Since wheat is a crop with lower levels of usage of hybrid commercial seeds, most of the treatment of wheat seed happens on the farmers' fields. Seed treatment is being increasingly considered by farmers as a mode to protect investments made on good quality seeds, due to an increase in regulatory issues relating to fumigation, as well as the foliar application of pesticides.
| Application | |
| Chemical | |
| Biological |
| Function | |
| Seed Protection | |
| Seed Enhancement | |
| Other Functions |
| Application Technique | |
| Seed Coating | |
| Seed Pelleting | |
| Seed Dressing | |
| Other Application Techniques |
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Global Wheat Seed Treatment Market Size Summary
The global wheat seed treatment market is poised for significant growth, driven by the increasing demand for wheat and the need to combat pests and diseases that threaten crop yields. The market is experiencing a surge in demand due to the rising trade of wheat and the necessity to enhance yields through effective seed treatment solutions. North America currently leads the market, benefiting from a high adoption rate of seed treatment chemicals, while regions like Asia-Pacific and South America are rapidly expanding their market presence. The market's growth is further supported by the need for cost-effective and efficient protection of wheat seeds against climatic adversities, which is crucial for maintaining crop productivity in the face of challenges such as droughts and climate change.
The wheat seed treatment market is characterized by a consolidated landscape, with major companies like BASF, Corteva Agriscience, Syngenta International AG, Bayer CropScience, and ADAMA Ltd. dominating the industry. These companies are actively investing in research and development to innovate new seed treatment technologies, addressing the economic importance of wheat as a staple crop. The market's expansion is also fueled by the strategic focus of these companies on emerging markets in Asia-Pacific, South America, and Africa, aiming to capture new growth opportunities. As wheat remains a critical crop for global food security, the demand for seed treatment products is expected to continue its upward trajectory, ensuring optimal crop output and resilience against soil-borne pests and pathogens.
Global Wheat Seed Treatment Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Industry Attractiveness - Porter's Five Force Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Application
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2.1.1 Chemical
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2.1.2 Biological
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2.2 Function
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2.2.1 Seed Protection
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2.2.2 Seed Enhancement
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2.2.3 Other Functions
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2.3 Application Technique
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2.3.1 Seed Coating
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2.3.2 Seed Pelleting
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2.3.3 Seed Dressing
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2.3.4 Other Application Techniques
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2.4 Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.1.4 Rest of North America
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2.4.2 Europe
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2.4.2.1 Germany
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2.4.2.2 United Kingdom
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2.4.2.3 France
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2.4.2.4 Russia
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2.4.2.5 Spain
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2.4.2.6 Italy
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2.4.2.7 Rest of Europe
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2.4.3 Asia Pacific
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2.4.3.1 China
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2.4.3.2 Japan
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2.4.3.3 India
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2.4.3.4 Australia
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2.4.3.5 Rest of Asia-Pacific
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2.4.4 South America
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2.4.4.1 Brazil
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2.4.4.2 Argentina
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2.4.4.3 Rest of South America
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2.4.5 Africa
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2.4.5.1 South Africa
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2.4.5.2 Rest of Africa
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Global Wheat Seed Treatment Market Size FAQs
How big is the Global Wheat Seed Treatment Market?
The Global Wheat Seed Treatment Market size is expected to reach USD 2.20 billion in 2024 and grow at a CAGR of 10.40% to reach USD 3.60 billion by 2029.
What is the current Global Wheat Seed Treatment Market size?
In 2024, the Global Wheat Seed Treatment Market size is expected to reach USD 2.20 billion.
