India Seed Treatment Market to Witness Significant Growth During Forecast Periodby TechSci Research Market Research Reports
Increasing adoption of advanced agricultural practices is expected to drive the growth of India seed treatment market
According to TechSci Research report, “India Seed Treatment Market By Type (Chemical Treatment v/s Non-Chemical Treatment), By Function (Seed Protection, Seed Enhancement, Seed Priming, Seed Disinfection), By Formulation (Dry v/s Liquid), By Application Technique (Coating, Dressing, Pelleting), By Crop Type (Oilseeds & Pulses, Cereals & Grains, Fruits & Vegetables, Others), By Region, Forecast & Opportunities, FY2026”, the India seed treatment market is expected to grow at an impressive rate during the forecast period on account of the growing adoption of high yielding varieties of seed in the country. Additionally, benefits such as affordability, improved quality, increased yield, reduced tillage, prevention from diseases & contamination, among others associated with seed treatment is expected to foster the market growth through FY2026. Furthermore, decreasing soil fertility, unavailability of essential nutrients for crop growth, among others are expected to spur the need for seed treatment, thereby creating opportunities for market growth. However, climatic changes and decrease in annual precipitation along with changing rainfall patterns affect the crop production, thereby hampering the market growth through FY2026. Moreover, lower profit margins associated with major industrial crops might further restrict the market growth over the next few years.
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The India seed treatment market is segmented based on type, function, formulation, application, crop type, company and region. Based on type, the market can be split into chemical treatment and non-chemical treatment. Here, the chemical treatment segment is expected to dominate the market owing to the growing need to protect the seeds from seasonal diseases, contamination and attack by insects, pests, rodents, among others. It can be further classified into insecticides, herbicides, fungicides, pesticides and others. The pesticides segment is expected to dominate the market owing to the increasing prevalence of pest attacks. The non-chemical segment is further classified into physical treatment and biological treatment. The biological treatment is expected to hold a significant market share since it is less toxic and eco-friendly. The physical treatment is expected to witness significant growth in the market since it provides effective control against contamination during storage. Based on formulation, the market can be split into dry and liquid. The liquid formulation segment is expected to dominate the market owing to their stability, effectiveness and enhanced efficiency of absorption by crops. The solid segment is expected to register significant growth owing to their easy availability and storage. Also, they are quite affordable. Based on crop type, the market can be fragmented into oilseeds & pulses, cereals & grains, fruits & vegetables and others. The cereals & grains segment is expected to dominate the market owing to the increasing demand for cereals & grains. On the other hand, the fruits & vegetables segment is expected to register the highest growth on account of the growing health conscious population. This has drastically increased the demand for fruits & vegetables in country.
United Phosphorous Limited (UPL), BASF India Ltd., Rallis India Limited, Bayer CropScience Ltd., Syngenta India Limited, Dow Chemical Company India, FMC India Pvt Ltd, E.I. DuPont India Private ltd, Monsanto Holding Private Limited, Incotec India Pvt Ltd, Nufarm Agri Science Pvt. Ltd., Sumitomo Chemical India Ltd., Adama India Pvt Ltd, Chemtura Chemicals India Private Limited, Novozymes and others are some of the leading players operating in India seed treatment market. The companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their share.
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“India seed treatment market is expected to register significant growth during the forecast period, owing to the growing demand for food grains in the country. Additionally, supportive government policies pertaining to increasing production and maintaining food safety such as the National Food Security Mission, Paramparagat Krishi Vikas Yojana (PKVY), among others is further expected to fuel the market growth through FY2026. Furthermore, the presence of major players operating in the market in India such as BASF, Syngenta, ADAMA, among others in the country is further expected to create lucrative opportunities for the market growth over the next few years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“India Seed Treatment Market By Type (Chemical Treatment v/s Non-Chemical Treatment), By Function (Seed Protection, Seed Enhancement, Seed Priming, Seed Disinfection), By Formulation (Dry v/s Liquid), By Application Technique (Coating, Dressing, Pelleting), By Crop Type (Oilseeds & Pulses, Cereals & Grains, Fruits & Vegetables, Others), By Region, Forecast & Opportunities, 2025”, has evaluated the future growth potential of India seed treatment market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in India seed treatment market.
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Created on Jul 9th 2020 10:06. Viewed 140 times.