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India Seed Treatment Market - Growth, Trends and Forecasts (2020 - 2025)

India Seed Treatment Market - Growth, Trends and Forecasts (2020 - 2025)

  • July 2020
  • 96 pages
  • ID: 5934724
  • Format: PDF
  • Mordor Intelligence LLP
Up to $975 off Until Sep 30th 2020

Summary

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The India seed treatment market is estimated to grow at the CAGR of 10.5% during the forecast period 2020-2025. Seed treatment can be defined as the application of chemical ingredients or biological organisms to the seed that enables in suppressing, controlling or repelling plant pathogens, insects, or other pests that attack seeds, seedlings or plants. Changing agronomic trends with the need for increasing productivity is driving the market.

Key Market Trends
Need For Protection Against Adverse Condtitions

Changing agronommic trends encourage the development of quality seeds that protects against varied climatic conditions. Primary function of seed treatment is to give protection during the gemination and early development of the plant by enhancing the tolerence capacity against adverse conditions.

Changing agro-climate scenarios, such us increasing average temperatures, precipitation pattern changes and increasing water shortages are reducing plant diversity and distressing the soil and water health. The spread of trans-boundary plant pests and diseases has increased intensely in the recent years, owing to increased trade and human migration factors and climate change as well as reduced resilience in production systems.

Rising Cost of High Quality Seeds

The growth in seed treatment industry is largely fuelled by increasing farm sizes and rising concerns over its quality and safety due to harmful effects of chemicals to environment. Thus, some major drivers of the seed treatment industry are rise in the seed costs, crop rotations getting shorter and greater use of multi-component products. With the decreasing cultivable land area, there arises a need for increasing the produtivity. The farmers adopting organic techniques which have a lower environment impact is encouraging the adoption of seed treatment practices to enhance the productivity. High cost and time involved in bringing genetically-modified crops is driving the seed treatment market.

Competitive Landscape
The leading players in this market adopted various strategies to strengthen market opportunities and increase their market shares. Players are focusing to expand their business through acquisitions, agreements & joint ventures. Some of the key companies in the market are Bayer CropScience AG, RALLIS INDIA LIMITED, BASF SE, Syngenta, ADAMA India Private Limited and Others.

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