Seed Treatment is an important method that increases the shelf life of seeds. Rise in crop rotation practices has boosted demand for these methods to prevent wearing out of seeds. The growing food production is expected to have a positive impact on market demand for these methodologies.
The global Seed Treatment market was valued at USD 5.93 billion in 2016 and is projected to reach USD 14.69 billion by 2025, growing at a CAGR of 7.20% from 2017 to 2025.
1. Market Drivers
1.1 Rising prices of GM crops
1.2 Rising world population and food requirement
2. Market Restraints
2.1 Stringent regulations
2.2 Difficulty in disposal of treated seeds
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The global Seed Treatment market is segmented on the function, type, crop type, application technique, and region.
1. By Function:
1.1 Crop Protection
1.2 Seed Enhancement
2. By Type:
2.1 Non-chemical seed treatment
2.2 Chemical seed treatment
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3. By Crop Type:
3.1 Grains and Cereals
4. By Application Technique:
4.1 Seed Dressing
4.2 Seed Coating
4.3 Seed Pelleting
5. By Region:
5.1 North America U.S., Canada, Mexico
5.2 Europe Germany, UK, France, Rest of Europe
5.3 Asia Pacific China, India, Japan, Rest of Asia Pacific
5.4 Latin America Brazil, Argentina, Rest of Latin America
5.5 Middle East & Africa
The major players in the market are as follows:
1. BASF SE
2. Incotec Group BV
3. Syngenta AG
4. DOW Chemical Company
5. Bayer Cropscience AG
6. EI Du Pont De Nemours and Company
7. Monsanto Company
8. Sumitomo Chemical Co. Ltd.
9. Platform Specialty Products
10. Nufarm Limited
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Research Methodology of Planet Market Reports
Research study on the Seed Treatment Marketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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Name: Jennifer Daniel
Organization: Planet Market Reports