Seed Treatment Market Growth Rate By Applications 2017 to 2025
According to a new report published by Reports Monitor titled, “Seed Treatment Market by Type, Property & Applications: Global Opportunity Analysis and Industry Forecast, 2018–2025,” the Seed Treatment Market was valued at XX million in 2016 and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2018 to 2025. Asia Pacific dominates the Seed Treatment Market, both in terms of volume and value, and is expected to maintain this trend throughout the forecast period.
Seed treatment is a method of applying biological, physical, and chemical agents and techniques to seeds that helps in protection of seeds and plants. It also helps in the establishment of healthy crops. The method is used to prevent spread of plant diseases, improve germination, provides protection from storage insects, and controlling soil insects.
The market is growing on a large scale as most of the farmers are interested in seed treatments to protect their crop form pests and insects. On the other hand, there are various factors hampering the growth of market such as lower margins of key industrial crops, government regulations, and existing ban on neonicotinoids. Moreover, Innovative combination of products and increased application in high value crops are the major opportunities that strengthen the growth of market. The market faces various challenges such as growing resistance to crop protection products.
The global seed treatment market is segmented into various segments which include crop type, function, application, and region. The crop type segment is further divided into corn/maize, wheat, rice, canola, cotton, and others. There are two functions of the market such as crop protection chemicals and seed enhancement. On the basis of application segment, the market is classified into chemical agents and biological agents. Chemical agent segment is further divided into insecticides, fungicides, and other chemicals.
Key Question Answered:
•What will be the market size in 2025 and at what rate it will grow?
•Who are the major key players in global seed treatment market and what are their strategies?
•Which vertical industry is expected to show major growth?
•What segment and region will lead the market and why?
The major companies profiled in the report include: BASF SE, Adama Agricultural Solutions Ltd, Advanced Biological Marketing Inc., Bayer Crop Science AG, BioWorks Inc., BrettYoung Limited, Chemtura AgroSolutions, DuPont, Germains Seed Technology, INCOTEC Group BV, INTX Microbials LLC, Monsanto Company, and others.
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