Japan Seed Treatment Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 324.30 Million |
| Market Size (2029) | USD 389.5 Million |
| CAGR (2024 - 2029) | 3.70 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Japan Seed Treatment Market Analysis
The Japan Seed Treatment Market size is estimated at USD 324.30 million in 2024, and is expected to reach USD 389.5 million by 2029, growing at a CAGR of 3.70% during the forecast period (2024-2029).
Seed treatment is the application of chemical ingredients to the seed to ensure seed protection by suppressing, controlling, or repelling plant pathogens, insects, or other pests that attack seeds, seedlings, or plants. It also enables seed enhancement by improving their performance post-harvesting and conditioning them before they are sown. The factors driving the Japan seed treatment market include: rise in the cost of high-quality seeds, such as GM and hybrid, an increase of limitations associated with soil and foliar application of crop protection products, increasing need for efficient post-harvest seed storage, high disease pressure and need for increased agricultural productivity and improving seed technology. While rapid growth is expected to be witnessed in the coming years, a few factors, such as the increasing role of chemicals in affecting the environment adversely, limited dose capacity, protection and shelf life of treated seeds, phytotoxicity associated with the use of seed treatment chemicals and lack of awareness among the farmers, are hindering the market growth.
Japan Seed Treatment Market Trends
Rise in Cost of High Quality Seeds
The changing agro-climatic conditions threaten crop productivity. Sustaining agricultural productivity is a major concern in Japan, and the solution is often costly using high-yielding quality seeds. The high costs associated with hybrids and Genetically Modified (GM) seeds are a major factor driving the growth of the seed treatment market. With higher regulatory issues relating to fumigation and foliar application of pesticides in place, seed treatment is being increasingly considered by farmers as a mode to protect high investments made on good quality seeds. Owing to the increasing demand, for high-quality seeds, seed costs are also increasing with desirable agronomic traits. Both companies and farmers of the country are ready to spend extra for seed treatment solutions to save costlier high-quality seeds.
Grains and cereals Dominating the Market
With a market share of 59.2% in 2022, grains & cereals accounted for the majority of seed treatment chemical usage in Japan. Grains & cereals, such as rice, wheat, barley, and corn, are staple food crops in Japan. These crops are susceptible to various pests, diseases, and pathogens that can significantly impact yield and quality.
Over the past few years, rice exports from Japan have grown. The quantity of brown and polished rice exported surged from 4,515 metric tons in 2014 to 22,833 metric tons in 2022, demonstrating a fivefold increase during this period. This will further drive the market.
The use of polymers associated with the chemical treatment of seeds is a promising technique for use in grains, promoting better adhesion of the products to the seeds, minimizing the contamination to man and the environment by reducing dust, and preventing the leaching of chemical products.
Japan Seed Treatment Industry Overview
The market studied consists of prominent players, such as Adama Agricultural Solutions, BASF SE, Bayer Cropscience Ag., Syngenta Co. Ltd., and Kureha Corporation, accounting for more than half of the market share. The market studied also houses many private label players and also consists of large multinational players. Apart from a loyal customer base, the major players of the market studied benefit from large marketing and innovation capacities.
Japan Seed Treatment Market Leaders
-
Syngenta Co. Ltd.
-
Kureha Corporation
-
BASF SE
-
Bayer Cropscience AG.
-
Adama Agricultural Solutions
*Disclaimer: Major Players sorted in no particular order
Japan Seed Treatment Market News
In January 2023, Bayer formed a new partnership with Oerth Bio to enhance crop protection technology and create more eco-friendly crop protection solutions.
Japan Seed Treatment Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Force Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitutes
4.4.5 Degree of Competition
5. MARKET SEGMENTATION
5.1 By Function
5.1.1 Fungicide
5.1.2 Insecticide
5.1.3 Nematicide
5.2 Crop Type
5.2.1 Commercial Crops
5.2.2 Fruits and Vegetables
5.2.3 Grains and Cereals
5.2.4 Pulses and Oilseeds
5.2.5 Turf and Ornamental crops
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Competitor Strategies
6.2 Market Share Analysis
6.3 COMPANY PROFILES
6.3.1 Adama Agricultural Solutions
6.3.2 BASF SE
6.3.3 Corteva Agrisicence
6.3.4 Bayer Cropscience AG
6.3.5 Syngenta Co. Ltd
6.3.6 UPL Ltd
6.3.7 Sumitomo Chemical
6.3.8 Kureha Corporation
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Japan Seed Treatment Industry Segmentation
The corporations in seed treatment operate in B2B, as well as B2C business format. The Japanese seed treatment market is segmented by function(fungicide, insecticide, and nematicide) and crop type (commercial crops, fruits and vegetables, grains and cereals, pulses and oilseeds, and turf and ornamental crops).
| By Function | |
| Fungicide | |
| Insecticide | |
| Nematicide |
| Crop Type | |
| Commercial Crops | |
| Fruits and Vegetables | |
| Grains and Cereals | |
| Pulses and Oilseeds | |
| Turf and Ornamental crops |
Japan Seed Treatment Market Research FAQs
How big is the Japan Seed Treatment Market?
The Japan Seed Treatment Market size is expected to reach USD 324.30 million in 2024 and grow at a CAGR of 3.70% to reach USD 389.5 million by 2029.
What is the current Japan Seed Treatment Market size?
In 2024, the Japan Seed Treatment Market size is expected to reach USD 324.30 million.
Who are the key players in Japan Seed Treatment Market?
Syngenta Co. Ltd., Kureha Corporation, BASF SE, Bayer Cropscience AG. and Adama Agricultural Solutions are the major companies operating in the Japan Seed Treatment Market.
What years does this Japan Seed Treatment Market cover, and what was the market size in 2023?
In 2023, the Japan Seed Treatment Market size was estimated at USD 312.30 million. The report covers the Japan Seed Treatment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Japan Seed Treatment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Japan Seed Treatment Industry Report
Statistics for the 2024 Japan Seed Treatment market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. Japan Seed Treatment analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
