Global seed treatment market to reach $15. 2 B by 2027

The global market for seed treatment estimated at US$8.1 billion in the year 2020, is projected to reach a revised size of US$15.

Reportlinker.com has recently announced the release of the report ‘Global Seed Treatment Industry’- 2 Billion by 2027, growing at a CAGR of 9.4% over the period 2020-2027. Seed protection, one of the segments analyzed in the report is projected to record 8.8% CAGR and reach US$10.5 billion by the end of the analysis period.

After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the seed enhancement segment is readjusted to a revised 10.8% CAGR for the next 7-year period.

The Seed Treatment market in the U.S. is estimated at US$2.2 billion in the year 2020. China, the world`s second-largest economy, is forecast to reach a projected market size of US$3.2 billion by the year 2027 trailing a CAGR of 12.4% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.4% and 8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.3% CAGR. We bring years of research experience to this 8th edition of our report. The 373-page report presents concise insights into how the pandemic has impacted production and the buy-side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.