Asia-Pacific Seed Treatment Market Introduction and Overview
According to SPER Market Research, the Asia-Pacific Seed Treatment Market is estimated to reach USD 1.57 billion by 2033 with a CAGR of 11.53%.
The report includes an in-depth analysis of the Asia-Pacific Seed Treatment Market, including market size and trends, product mix, distribution channels, and supplier analysis. Genetically modified (GM) crop seeds and crop protection chemicals, also known as agrochemicals, make up the seed treatment market. Regarding both market share and product innovations, crop protection chemicals hold the highest market share in this particular segment. The market for seed treatments is further divided into categories such as chemical insecticides, chemical fungicides, bio-control seed treatments, and other chemical seed treatments.
- In October 2021, UPL Ltd, a global agriculture solutions company, launched ELECTRON 3-WM, a smart technology-driven seed treatment solution in India. According to the company, this new product is cost-effective because it reduces the need for foliar applications in the early stages of the plant cycle, resulting in lower production costs.
- Verdesian Life Sciences, a Carolina-based agriculture solution company, expanded its presence in India in August 2021 by launching four new products, including Take Off ST, a seed treatment product.
Market Opportunities and Challenges
Opportunities: The costly nature of hybrid and genetically modified seeds is a major driver of the global seed treatment market. Farmers are increasingly considering seed treatment as a way to protect their investments in high-quality seeds as regulatory issues surrounding fumigation and pesticide foliar application grow. Seed prices are expected to rise as demand for high-quality seeds with desirable agronomic traits grows. Companies and farmers are both willing to invest in seed treatment solutions to ensure high-quality seeds.
Challenges: The dynamics and growth potential of the seed treatment market are impacted by various obstacles. A notable obstacle is the growing strictness of the laws controlling the application of chemical seed treatment. Regulations are placing more restrictions on the kinds and amounts of chemicals that can be used on seeds as environmental and health issues become more prevalent. This not only makes it difficult to introduce new seed treatment products but also calls for constant innovation in the creation of sustainable and eco-friendly solutions.
Market Competitive Landscape
There is some consolidation in the market under study. The market's leading firms include, among others, Rallis India Limited, Nufarm Limited, BASF SE, and ADAMA Agricultural Solutions Ltd. Growing their businesses in Asia-Pacific is the main players' focus. To boost market opportunities and grow their market share, the industry leaders have implemented a number of different strategies. The main tactics used by major players are agreements, joint ventures, and acquisitions.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Application, By Crop Type
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| Regions covered | China, India, Japan, South Korea, Australia and New Zealand, Indonesia, Thailand, Malaysia, Vietnam, Philippines, Singapore, Rest of Asia-Pacific
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| Companies Covered | ADAMA Agricultural Solutions Ltd, Advanced Biological Marketing Inc., BASF SE, Bayer CropScience AG, DuPont de Nemours Inc., FMC Corporation, INCOTEC Group BV, Monsanto Company, Nufarm Limited, Rallis India Limited, Sumitomo Chemical Co. Ltd, Others |
COVID-19 Impact on Asia-Pacific Seed Treatment Market
The COVID-19 pandemic had a detrimental effect on the seed treatment sector in the area since it caused supply chain disruptions as a result of different restrictions put in place by local government authorities. In a poll by the World Vegetable Center and the Asia-Pacific Seed Association (APSA), over 85% of participants stated that the COVID-19 pandemic had a detrimental impact on both domestic and international seed shipments.
Key Target Audience:
- Farmers and Growers
- Agronomists and Crop Consultants
- Seed Manufacturers and Distributors
- Agrochemical Companies
Our in-depth analysis of the Asia-Pacific Seed Treatment Market includes the following segments:
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By Application:
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Insecticide
Fungicide
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By Crop Type:
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Corn/Maize
Soybean
Wheat
Rice
Canola
Cotton
Others
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By Region:
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China
India
Japan
South Korea
Australia and New Zealand
Indonesia
Thailand
Malaysia
Vietnam
Philippines
Singapore
Rest of Asia-Pacific
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Key Topics Covered in the Report:
- Asia-Pacific Seed Treatment Market Size (FY’2023-FY’2033)
- Overview of Asia-Pacific Seed Treatment Market
- Segmentation of Asia-Pacific Seed Treatment Market By Application (Insecticide, Fungicide, Others)
- Segmentation of Asia-Pacific Seed Treatment Market By By Crop Type (Corn/Maize, Soybean, Wheat, Rice, Canola, Cotton, Others)
- Expansion Analysis of Asia-Pacific Seed Treatment Market
- Problems and Obstacles in Asia-Pacific Seed Treatment Market
- Competitive Landscape in the Asia-Pacific Seed Treatment Market
- Impact of COVID-19 and Demonetization on Asia-Pacific Seed Treatment Market
- Details on Current Investment in Asia-Pacific Seed Treatment Market
- Competitive Analysis of Asia-Pacific Seed Treatment Market
- Prominent Players in the Asia-Pacific Seed Treatment Market
- SWOT Analysis of Asia-Pacific Seed Treatment Market
- Asia-Pacific Seed Treatment Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Asia-Pacific Seed Treatment Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Asia-Pacific Seed Treatment Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Asia-Pacific Seed Treatment Market
7. Asia-Pacific Seed Treatment Market, By Application (USD Million)
7.1. Asia-Pacific Seed Treatment Market Value Share and Forecast, By Application, 2023-2033
7.2. Insecticide
7.3. Fungicide
7.4. Others
8. Asia-Pacific Seed Treatment Market, By Crop Type (USD Million)
8.1. Asia-Pacific Seed Treatment Market Value Share and Forecast, By Crop Type, 2023-2033
8.2. Corn/Maize
8.3. Soybean
8.4. Wheat
8.5. Rice
8.6. Canola
8.7. Cotton
8.8. Others
9. Asia-Pacific Seed Treatment Market Forecast, 2019-2033 (USD Million)
9.1. Asia-Pacific Seed Treatment Market Size and Market Share
10. Asia-Pacific Seed Treatment Market, By Application, 2019-2033 (USD Million)
10.1. Asia-Pacific Seed Treatment Market Size and Market Share By Application (2019-2026)
10.2. Asia-Pacific Seed Treatment Market Size and Market Share By Application (2027-2033)
11. Asia-Pacific Seed Treatment Market, By Crop Type, 2019-2033 (USD Million)
11.1. Asia-Pacific Seed Treatment Market Size and Market Share By Crop Type (2019-2026)
11.2. Asia-Pacific Seed Treatment Market Size and Market Share By Crop Type (2027-2033)
12. Asia-Pacific Seed Treatment Market, By Region, 2019-2033 (USD Million)
12.1. Asia-Pacific Seed Treatment Market Size and Market Share By Region (2019-2026)
12.2. Asia-Pacific Seed Treatment Market Size and Market Share By Region (2027-2033)
12.3. China
12.4. India
12.5. Japan
12.6. South Korea
12.7. Australia and New Zealand
12.8. Indonesia
12.9. Thailand
12.10. Malaysia
12.11. Vietnam
12.12. Philippines
12.13. Singapore
12.14. Rest of Asia-Pacific
13. Company Profile
13.1. ADAMA Agricultural Solutions Ltd
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. Advanced Biological Marketing Inc.
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. BASF SE
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Bayer CropScience AG
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. DuPont de Nemours Inc.
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. FMC Corporation
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. INCOTEC Group BV
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. Monsanto Company
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. Nufarm Limited
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. Rallis India Limited
13.10.1. Company details
13.10.2. Financial outlook
13.10.3. Product summary
13.10.4. Recent developments
13.11. Sumitomo Chemical Co. Ltd
13.11.1. Company details
13.11.2. Financial outlook
13.11.3. Product summary
13.11.4. Recent developments
13.12. Others
14. Reference Links
15. Conclusion
16. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
