Seed coating is a common method of seed treatment that involves applying a thin layer of chemicals or other substances to the seed surface. Seed coatings can help to protect the seeds from disease, insects, and other environmental hazards, and can also improve the germination rate and yield of the crop.
Commercial
farmers often prefer to use seed coatings because they can improve the quality
and yield of their crops, which can lead to increased profits. In addition,
seed coatings can provide a competitive advantage in the marketplace, as
consumers are increasingly concerned about the safety and quality of their
food.
The use
of seed coatings is also becoming more popular in organic farming, as they can
help to protect the seeds from pests and diseases without the use of synthetic
chemicals. This is an important trend, as organic farming practices are
becoming more widespread in the APAC region.
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Thus, the
high demand for seed coating in commercial operations is increasing the market
for seed treatment. As seed treatment companies develop new products and
technologies to improve the effectiveness and safety of seed coatings, they are
likely to continue to be a popular choice for commercial farmers and other
growers.
Major development of the Seed Treatment
Over the last few years, Seed
Treatment has witnessed a string of institutional investors and corporations, who are
looking at the growing demand for Seed Treatment and are
investing in the industry be it small or large investments. Among various investors, Loam Bio raised $73m Series
B from Lowercarbon, Acre, and others to boost soil carbon. Loam is used for
seed coating that supercharges plants’ ability to store carbon in the soil. Big
companies are acquiring/partnering or launching new products to increase their
market share of seed treatment. Some of the product launches in the seed
treatment include:
·
In May 2022, Symborg presented its new
business unit during the ISF WORLD SEED CONGRESS 2022 EVENT, held in
Barcelona. To develop biological
solutions for the treatment of seeds at an industrial level.
·
In Dec 2022, EVOIA announced its first
product, a seed treatment manufactured from biochar. AmpliFYR is launched for spring
2023 use in corn, soybeans, wheat, and other row crops.
·
In Jan 2021, BASF launched 2 new seed
treatment packages, Core and Prime, that include fungicides as well as Copeo
Seed Treatment nematicide.
·
In Jul 2022, Corteva launched a new
soybean seed treatment to protect the genetic potential of their seed
investment against double the damaging pests with Lumiderm seed treatment.
·
In Dec 2020, Advanced Biological
Marketing launched GroFlo Seed Treatment Product. Bring together all the
benefits of a colorant and polymer with the addition of nutrients to get seeds
off to a great start.
·
In Sep 2020, Valent USA launched a
seed treatment package featuring Zeltera fungicide for above and below-ground
protection for rice seeds in the South and mid-south production regions.
Conclusion:
The
seed treatment industry
has witnessed rapid expansion over the last few years, with big players
acquiring emerging small companies who are acting as treats for the large
players in the seed treatment market. Further, investments or product launches in seed
treatment have
increased over the past few years and so is the adoption rate.
Contact UnivDatos Market Insights, a rapidly growing dynamic market research
firm led by a core of dedicated professionals for further information. According to the Universal Data Solutions
analysis, the development of advanced technologies would massively transform the
global scenario of Seed Treatment and as per their “Seed Treatment Market”
report, the global market was valued at USD 8.85 billion in 2021, growing at a
CAGR of 10% during the forecast period from 2022 - 2030 to reach USD XX billion
by 2030.
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