Fungicidal Seed Treatment Market to reach $4.4 Billion by 2030; The growth for fungicidal seed treatment market is driven by several factors such as increasing global food demand, climate change challenges, regulatory pressures to reduce chemical inp

The Fungicidal Seed Treatment Market size is estimated to reach $4.4 Billion by 2030, growing at a CAGR of 4.1% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled “Fungicidal Seed Treatment Market - By Type (Chemical Fungicides, Biological Fungicides), By Formulation Type (Liquid-based Formulation, Powder-based Formulation), By Mode of Action (Contact Fungicides, Systemic Fungicides), By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Other Crops), By Application (Seed Coating, Seed Dressing, Seed Pelleting) By Geography - Opportunity Analysis & Industry Forecast, 2024-2030”.

The market for fungicidal seed treatments is expanding significantly due to several factors, including the rise in fungal infections, the need for higher-yielding crops, improvements in microbiology and biotechnology, and government efforts which have raised awareness of crop protection.

APAC dominates fungicidal seed treatment market

APAC currently leads the global fungicidal seed treatment market with 35% of market share, driven by a number of factors that include expanding agricultural sectors, higher demand for yields, and investments in agricultural technology and biocides with favorable initiatives by the government. APAC governments are very supportive of agricultural innovations in different forms for better productivity of crops, such as advanced fungicidal treatments. The recently held G20 Agriculture Ministers' Meeting in August 2023 brought to light the most prominent priorities concerning agriculture globally under the theme "One Earth, One Family, One Future." Highlighted were four key areas: food security and nutrition, sustainable agriculture through climate-smart approaches, inclusive agri-value chains, and the role of digitalization in transforming agriculture. These initiatives increase the demand for seed treatment market.

Precision farming is a data-driven approach to agriculture which is becoming increasingly important in the fungicidal seed treatment market. By using advanced technologies like GPS, remote sensing, and data analytics, farmers can optimize the application of fungicidal seed treatments, leading to improved crop yields and reduced environmental impact. Automated seed treaters optimize dosage and distribution by ensuring accurate and consistent fungicide coverage of seeds. Controlling fungal diseases which can have a devastating impact on crops during the germination and early growth stages, is very important and requires precise application. Precision farming technologies are transforming the fungicidal seed treatment market, enabling more efficient practices, reducing chemical usage, and improving crop productivity.

The growing need for high-yielding crops is a critical driver in the fungicidal seed treatment market, as farmers and agricultural sectors worldwide seek solutions to boost crop productivity while combating diseases. Fungicidal seed treatments provide targeted disease protection, allowing high-yielding crops to develop without interference from pathogens. By safeguarding high-yield crops from early-stage pathogens, fungicidal treatments are crucial in supporting productivity and resilience, making them an integral part of modern agricultural practices focused on sustainability and food security.

Key companies profiled in the Fungicidal Seed Treatment Market are Syngenta, Corteva Agriscience, FMC Corporation, Nufarm Limited, Adama Agriculture Solutions, Sumitomo Chemical, Bayer CropScience AG, BASF SE, UPL Ltd., Novozymes and others.

Hybrid Seeds Market - The Hybrid Seeds Market size is estimated to reach $38.7 billion by 2027. Furthermore, it is poised to grow at a CAGR of 6.5% over the forecast period of 2022-2027. The rising demand for fruits and vegetables among the population and the growing development in the hybridization technology of crops are some of the factors driving the Hybrid Seeds Industry forward during the projected period of 2022-2027.

Packaged Chia Seed Market - Packaged Chia Seed Market size is estimated to reach $3,700 million by 2026, growing at a CAGR of 6.1% over 2021-2026. Chia seeds are very helpful to maintain blood sugar, improve metabolism and reduce heart diseases. Chia seeds are naturally a gluten free diet and are very helpful to gluten intolerant people.

Horticulture Chemical Market - The Horticulture Chemical Market size is estimated to reach US$28.9 billion by 2027, after growing at a CAGR of 4.3% during the forecast period 2022-2027. The enormous demand for crop protection chemicals such as fungicides, fertilizers and pesticides from developing countries was the key factor driving the Horticulture Chemical Market.