India Seed Treatment Market Size
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 335.40 Million |
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Market Size (2029) | USD 410.96 Million |
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Largest Share by Function | Insecticide |
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CAGR (2024 - 2029) | 4.15 % |
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Fastest Growing by Function | Insecticide |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
India Seed Treatment Market Analysis
The India Seed Treatment Market size is estimated at 335.40 million USD in 2024, and is expected to reach 410.96 million USD by 2029, growing at a CAGR of 4.15% during the forecast period (2024-2029).
335.40 Million
Market Size in 2024 (USD)
410.96 Million
Market Size in 2029 (USD)
3.34 %
CAGR (2017-2023)
4.15 %
CAGR (2024-2029)
Largest Segment by Function
89.94 %
value share, Insecticide, 2023
Insecticidal seed treatments are highly target-specific in controlling a range of pests, such as aphids, thrips, wireworms, and beetles, that attack seeds at the initial stages.
Fastest-Grwoing Segment by Function
4.17 %
Projected CAGR, Insecticide, 2024-2029
Insecticidal seed treatments are cost-effective as they require low application rates and can help reduce the reliance on foliar sprays in the later stages of the crop.
Largest Segment by Crop Type
44.39 %
value share, Grains & Cereals, 2023
Grains and cereals are susceptible to various pests that can affect the crop yield. For instance, rice in India is prone to an annual loss of 9.5% due to pests.
Leading Market Player 1
13.52 %
market share, Bayer AG, 2022
Bayer partnered with Oerth Bio with the aim of developing next-generation crop protection products based on Oerth Bio's innovative protein degradation technology.
Leading Market Player 2
12.65 %
market share, Syngenta Group, 2022
In 2019, the company expanded its R&D capabilities in Goa to help meet the expanding needs of the Indian crop protection chemicals market by innovating new solutions.
The market is driven by the growing need for advanced seed technologies and government support
- The Indian seed treatment market for chemical fungicides has experienced significant growth during the historical period due to the rising awareness about the importance of seed treatment in crop protection. Seed treatment is crucial in safeguarding seeds from fungal diseases, improving germination rates, and ensuring healthy plant establishment.
- Fungicides are the most important among seed treatment chemicals, and they accounted for a share of 9.0% in 2022. This is because the seeds and seedling stages of plants are more vulnerable to soil and seed-borne diseases.
- The insecticide segment in the seed treatment market was valued at USD 280.6 million in 2022. Active ingredients such as imidacloprid, clothianidin, thiamethoxam, fipronil, and chlorpyrifos are of high importance in chemical insecticide seed treatment.
- Farmers in the country are also looking to buy seeds that are pre-treated with these chemicals to ensure high quality and a maximum percentage of germination after sowing. The central government and several state governments are taking initiatives to make farmers aware of the use of seed treatment and enhance their motivation toward modern agricultural practices. For instance, the Government of Madhya Pradesh launched a spiral grader and seed treatment drum program to train the less-knowledgeable farmers in 1,000 villages and boost the cultivation of crops like soybeans.
- Root-knot nematode is the most dangerous among the nematode species that affect fruits and vegetable crops and is known to cause a yield loss of 34.0% in carrots, 26.0% in potatoes, 23.0% in tomatoes, 22.0% in the battleground, and 21.0% in brinjal. Nematicide seed treatment is most common in fruits and vegetable crops, and it accounted for a share of 9.1% in 2022.
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India Seed Treatment Market Trends
Growing awareness and adoption of early control of diseases and pests are raising the seed treatment consumption
- Over the historical period, the per-hectare consumption of seed treatment pesticides has remained consistent. In 2022, the recorded consumption stood at 125.46 grams per hectare. This stability can be attributed to various factors, such as advancements in seed treatment technologies, improved disease and pest management practices, and the efficacy of existing pesticide formulations.
- Seed treatment plays a crucial role in protecting seeds and seedlings against the harmful impact of seed and soil-borne diseases and insect pests. Seed treatment products control pests and diseases in significant crops such as sugarcane (root rot and wilt), groundnut (stem rot, seed rot, seedling rot, and white grubs), and rice (root-knot nematode and root rot disease).
- Crop emergence and growth can be effectively shielded from these detrimental factors by employing seed treatment methods. The significant advantages associated with seed treatment products are driving their indispensable utilization in the agriculture sector.
- Approximately 70% of seed requirements are fulfilled by farmers utilizing their own seed stock. However, these seeds are more vulnerable to seed and soil-borne diseases. Thus, it is crucial to implement seed treatment to safeguard crops from the emergence of diseases and pests. This necessity consequently increased the utilization of seed treatment products.
- Expanding agricultural activities necessitate effective crop protection measures, including seed treatment. Farmers' heightened awareness of the benefits of seed treatment in protecting crops from early-stage diseases and pests has contributed to the increased adoption of these products and their application rates per hectare.
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Promotional activities of government agencies to use seed treatments to increase the marketability of seeds
- Seed treatment plays an important role in protecting seeds and seedlings from seed and soil-borne diseases and insect pests affecting crop emergence and growth. Seed-borne diseases and pests are a few major challenges farmers face that decrease crop yield. Cypermethrin, abamectin, azoxystrobin, malathion, and metalaxyl are the most commonly used seed treatment chemicals in India.
- Cypermethrin is a non-systemic soil-acting pyrethroid insecticide seed treatment for reducing wheat bulb fly and wireworm damage to autumn or winter-sown wheat and barley in India. It was valued at a price of USD 21.0 thousand per metric ton in 2022.
- Abamectin belongs to the ivermectin chemical class and has high intrinsic activity against nematodes. It is used to protect young plants from root-attacking nematodes in the production of corn, soybeans, and cotton. It was priced at USD 8.7 thousand per metric ton in 2022.
- Azoxystrobin is a broad-spectrum, preventative seed treatment fungicide with systemic properties recommended for the control of Deuteromycetes, Oomycetes, Ascomycetes, and Basidiomycetes fungi that cause yield losses in crops. In 2022, azoxystrobin was priced at USD 4.5 thousand per metric ton.
- Various regulations and government agencies are encouraging the use of seed treatments to increase the marketability of seeds. For instance, the Government of India announced plans to launch a countrywide campaign for ensuring 100% seed treatment in all important crops during the kharif season. Pesticide industry associations, ATMAs, CIPMCs, KVKs, farmers clubs, SAUs, NGOs, etc., can play an important role in the campaign for 100% seed treatment. This is expected to further affect the price of seed treatment chemicals in the country.
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India Seed Treatment Industry Overview
The India Seed Treatment Market is moderately consolidated, with the top five companies occupying 54.50%. The major players in this market are Bayer AG, FMC Corporation, PI Industries, Syngenta Group and UPL Limited (sorted alphabetically).
India Seed Treatment Market Leaders
Bayer AG
FMC Corporation
PI Industries
Syngenta Group
UPL Limited
Other important companies include ADAMA Agricultural Solutions Ltd, BASF SE, Corteva Agriscience, Crystal Crop Protection Ltd, Rallis India Ltd.
*Disclaimer: Major Players sorted in alphabetical order.
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India Seed Treatment Market News
- January 2023: Bayer formed a new partnership with Oerth Bio to enhance crop protection technology and create more eco-friendly crop protection solutions.
- May 2022: Corteva Agriscience expanded its product development capabilities by opening a seed treatment laboratory in Rosslyn, South Africa. The site is well-positioned to fulfill the ongoing needs of grain producers throughout Africa and the Middle East (AME) and is connected to Corteva's worldwide CSAT network.
- October 2021: By investing in a new chemist's center, ADAMA enhanced its R&D capabilities that are aimed to expand and accelerate its own research and development in the field of plant protection.
Free with this Report
Along with the report, We also offer a comprehensive and exhaustive data pack with 50+ graphs on insecticide, fungicides, and herbicides consumption per hectare and the average price of active ingredients used in insecticides, fungicides, herbicides, nematicides, and molluscicides. The data pack includes Globe, North America, Europe, Asia-Pacific, South America, and Africa.
India Seed Treatment Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
- 4.1 Consumption Of Pesticide Per Hectare
- 4.2 Pricing Analysis For Active Ingredients
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4.3 Regulatory Framework
- 4.3.1 India
- 4.4 Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
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5.1 Function
- 5.1.1 Fungicide
- 5.1.2 Insecticide
- 5.1.3 Nematicide
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5.2 Crop Type
- 5.2.1 Commercial Crops
- 5.2.2 Fruits & Vegetables
- 5.2.3 Grains & Cereals
- 5.2.4 Pulses & Oilseeds
- 5.2.5 Turf & Ornamental
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
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6.4 Company Profiles (includes Global level Overview, Market level overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and analysis of Recent Developments)
- 6.4.1 ADAMA Agricultural Solutions Ltd
- 6.4.2 BASF SE
- 6.4.3 Bayer AG
- 6.4.4 Corteva Agriscience
- 6.4.5 Crystal Crop Protection Ltd
- 6.4.6 FMC Corporation
- 6.4.7 PI Industries
- 6.4.8 Rallis India Ltd
- 6.4.9 Syngenta Group
- 6.4.10 UPL Limited
7. KEY STRATEGIC QUESTIONS FOR CROP PROTECTION CHEMICALS CEOS
8. APPENDIX
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8.1 Global Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Market Dynamics (DROs)
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
List of Tables & Figures
- Figure 1:
- PESTICIDE CONSUMPTION PER HECTARE, GRAMS, INDIA, 2017 - 2022
- Figure 2:
- ACTIVE INGREDIENT PRICE PER METRIC TON, USD, INDIA, 2017 - 2022
- Figure 3:
- SEED TREATMENT VOLUME METRIC TON, INDIA, 2017 - 2029
- Figure 4:
- SEED TREATMENT VALUE USD, INDIA, 2017 - 2029
- Figure 5:
- SEED TREATMENT MARKET BY FUNCTION, METRIC TON, INDIA, 2017 - 2029
- Figure 6:
- SEED TREATMENT MARKET BY FUNCTION, USD, INDIA, 2017 - 2029
- Figure 7:
- VALUE SHARE OF SEED TREATMENT BY FUNCTION, %, INDIA, 2017 VS 2023 VS 2029
- Figure 8:
- VOLUME SHARE OF SEED TREATMENT BY FUNCTION, %, INDIA, 2017 VS 2023 VS 2029
- Figure 9:
- CONSUMPTION OF FUNGICIDE, METRIC TON, INDIA, 2017 - 2029
- Figure 10:
- CONSUMPTION OF FUNGICIDE, USD, INDIA, 2017 - 2029
- Figure 11:
- VALUE SHARE OF FUNGICIDE BY CROP TYPE, %, INDIA, 2022 VS 2029
- Figure 12:
- CONSUMPTION OF INSECTICIDE, METRIC TON, INDIA, 2017 - 2029
- Figure 13:
- CONSUMPTION OF INSECTICIDE, USD, INDIA, 2017 - 2029
- Figure 14:
- VALUE SHARE OF INSECTICIDE BY CROP TYPE, %, INDIA, 2022 VS 2029
- Figure 15:
- CONSUMPTION OF NEMATICIDE, METRIC TON, INDIA, 2017 - 2029
- Figure 16:
- CONSUMPTION OF NEMATICIDE, USD, INDIA, 2017 - 2029
- Figure 17:
- VALUE SHARE OF NEMATICIDE BY CROP TYPE, %, INDIA, 2022 VS 2029
- Figure 18:
- SEED TREATMENT MARKET BY CROP TYPE, METRIC TON, INDIA, 2017 - 2029
- Figure 19:
- SEED TREATMENT MARKET BY CROP TYPE, USD, INDIA, 2017 - 2029
- Figure 20:
- VALUE SHARE OF SEED TREATMENT BY CROP TYPE, %, INDIA, 2017 VS 2023 VS 2029
- Figure 21:
- VOLUME SHARE OF SEED TREATMENT BY CROP TYPE, %, INDIA, 2017 VS 2023 VS 2029
- Figure 22:
- SEED TREATMENT CONSUMED BY COMMERCIAL CROPS, METRIC TON, INDIA, 2017 - 2029
- Figure 23:
- SEED TREATMENT CONSUMED BY COMMERCIAL CROPS, USD, INDIA, 2017 - 2029
- Figure 24:
- VALUE SHARE OF COMMERCIAL CROPS BY FUNCTION, %, INDIA, 2022 VS 2029
- Figure 25:
- SEED TREATMENT CONSUMED BY FRUITS & VEGETABLES, METRIC TON, INDIA, 2017 - 2029
- Figure 26:
- SEED TREATMENT CONSUMED BY FRUITS & VEGETABLES, USD, INDIA, 2017 - 2029
- Figure 27:
- VALUE SHARE OF FRUITS & VEGETABLES BY FUNCTION, %, INDIA, 2022 VS 2029
- Figure 28:
- SEED TREATMENT CONSUMED BY GRAINS & CEREALS, METRIC TON, INDIA, 2017 - 2029
- Figure 29:
- SEED TREATMENT CONSUMED BY GRAINS & CEREALS, USD, INDIA, 2017 - 2029
- Figure 30:
- VALUE SHARE OF GRAINS & CEREALS BY FUNCTION, %, INDIA, 2022 VS 2029
- Figure 31:
- SEED TREATMENT CONSUMED BY PULSES & OILSEEDS, METRIC TON, INDIA, 2017 - 2029
- Figure 32:
- SEED TREATMENT CONSUMED BY PULSES & OILSEEDS, USD, INDIA, 2017 - 2029
- Figure 33:
- VALUE SHARE OF PULSES & OILSEEDS BY FUNCTION, %, INDIA, 2022 VS 2029
- Figure 34:
- SEED TREATMENT CONSUMED BY TURF & ORNAMENTAL, METRIC TON, INDIA, 2017 - 2029
- Figure 35:
- SEED TREATMENT CONSUMED BY TURF & ORNAMENTAL, USD, INDIA, 2017 - 2029
- Figure 36:
- VALUE SHARE OF TURF & ORNAMENTAL BY FUNCTION, %, INDIA, 2022 VS 2029
- Figure 37:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, INDIA, 2017-2022
- Figure 38:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, INDIA, 2017-2022
- Figure 39:
- MARKET SHARE OF MAJOR PLAYERS, %, INDIA 2022
India Seed Treatment Industry Segmentation
Fungicide, Insecticide, Nematicide are covered as segments by Function. Commercial Crops, Fruits & Vegetables, Grains & Cereals, Pulses & Oilseeds, Turf & Ornamental are covered as segments by Crop Type.
- The Indian seed treatment market for chemical fungicides has experienced significant growth during the historical period due to the rising awareness about the importance of seed treatment in crop protection. Seed treatment is crucial in safeguarding seeds from fungal diseases, improving germination rates, and ensuring healthy plant establishment.
- Fungicides are the most important among seed treatment chemicals, and they accounted for a share of 9.0% in 2022. This is because the seeds and seedling stages of plants are more vulnerable to soil and seed-borne diseases.
- The insecticide segment in the seed treatment market was valued at USD 280.6 million in 2022. Active ingredients such as imidacloprid, clothianidin, thiamethoxam, fipronil, and chlorpyrifos are of high importance in chemical insecticide seed treatment.
- Farmers in the country are also looking to buy seeds that are pre-treated with these chemicals to ensure high quality and a maximum percentage of germination after sowing. The central government and several state governments are taking initiatives to make farmers aware of the use of seed treatment and enhance their motivation toward modern agricultural practices. For instance, the Government of Madhya Pradesh launched a spiral grader and seed treatment drum program to train the less-knowledgeable farmers in 1,000 villages and boost the cultivation of crops like soybeans.
- Root-knot nematode is the most dangerous among the nematode species that affect fruits and vegetable crops and is known to cause a yield loss of 34.0% in carrots, 26.0% in potatoes, 23.0% in tomatoes, 22.0% in the battleground, and 21.0% in brinjal. Nematicide seed treatment is most common in fruits and vegetable crops, and it accounted for a share of 9.1% in 2022.
| Function | Fungicide |
| Insecticide | |
| Nematicide | |
| Crop Type | Commercial Crops |
| Fruits & Vegetables | |
| Grains & Cereals | |
| Pulses & Oilseeds | |
| Turf & Ornamental |
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Market Definition
- Function - Insecticides, fungicides, and nematicides are the crop protection chemicals used to treat seeds or seedlings.
- Application Mode - Seed treatment is a method of applying crop protection chemicals to the seeds before sowing or the seedlings before transplanting to the main field.
- Crop Type - This represents the consumption of crop protection chemicals by Cereals, Pulses, Oilseeds, Fruits, Vegetables, Turf, and Ornamental crops.
| Keyword | Definition |
|---|---|
| IWM | Integrated weed management (IWM) is an approach to incorporate multiple weed control techniques throughout the growing season to give producers the best opportunity to control problematic weeds. |
| Host | Hosts are the plants that form relationships with beneficial microorganisms and help them colonize. |
| Pathogen | A disease-causing organism. |
| Herbigation | Herbigation is an effective method of applying herbicides through irrigation systems. |
| Maximum residue levels (MRL) | Maximum Residue Limit (MRL) is the maximum allowed limit of pesticide residue in food or feed obtained from plants and animals. |
| IoT | The Internet of Things (IoT) is a network of interconnected devices that connect and exchange data with other IoT devices and the cloud. |
| Herbicide-tolerant varieties (HTVs) | Herbicide-tolerant varieties are plant species that have been genetically engineered to be resistant to herbicides used on crops. |
| Chemigation | Chemigation is a method of applying pesticides to crops through an irrigation system. |
| Crop Protection | Crop protection is a method of protecting crop yields from different pests, including insects, weeds, plant diseases, and others that cause damage to agricultural crops. |
| Seed Treatment | Seed treatment helps to disinfect seeds or seedlings from seed-borne or soil-borne pests. Crop protection chemicals, such as fungicides, insecticides, or nematicides, are commonly used for seed treatment. |
| Fumigation | Fumigation is the application of crop protection chemicals in gaseous form to control pests. |
| Bait | A bait is a food or other material used to lure a pest and kill it through various methods, including poisoning. |
| Contact Fungicide | Contact pesticides prevent crop contamination and combat fungal pathogens. They act on pests (fungi) only when they come in contact with the pests. |
| Systemic Fungicide | A systemic fungicide is a compound taken up by a plant and then translocated within the plant, thus protecting the plant from attack by pathogens. |
| Mass Drug Administration (MDA) | Mass drug administration is the strategy to control or eliminate many neglected tropical diseases. |
| Mollusks | Mollusks are pests that feed on crops, causing crop damage and yield loss. Mollusks include octopi, squid, snails, and slugs. |
| Pre-emergence Herbicide | Preemergence herbicides are a form of chemical weed control that prevents germinated weed seedlings from becoming established. |
| Post-emergence Herbicide | Postemergence herbicides are applied to the agricultural field to control weeds after emergence (germination) of seeds or seedlings. |
| Active Ingredients | Active ingredients are the chemicals in pesticide products that kill, control, or repel pests. |
| United States Department of Agriculture (USDA) | The Department of Agriculture provides leadership on food, agriculture, natural resources, and related issues. |
| Weed Science Society of America (WSSA) | The WSSA, a non-profit professional society, promotes research, education, and extension outreach activities related to weeds. |
| Suspension concentrate | Suspension concentrate (SC) is one of the formulations of crop protection chemicals with solid active ingredients dispersed in water. |
| Wettable powder | A wettable powder (WP) is a powder formulation that forms a suspension when mixed with water prior to spraying. |
| Emulsifiable concentrate | Emulsifiable concentrate (EC) is a concentrated liquid formulation of pesticide that needs to be diluted with water to create a spray solution. |
| Plant-parasitic nematodes | Parasitic Nematodes feed on the roots of crops, causing damage to the roots. These damages allow for easy plant infestation by soil-borne pathogens, which results in crop or yield loss. |
| Australian Weeds Strategy (AWS) | The Australian Weeds Strategy, owned by the Environment and Invasives Committee, provides national guidance on weed management. |
| Weed Science Society of Japan (WSSJ) | WSSJ aims to contribute to the prevention of weed damage and the utilization of weed value by providing the chance for research presentation and information exchange. |
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Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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