Browse 163 market tables and 53 figures spread through 445 pages on “Seed Treatment Market – Global Trends, Forecasts and Technical Insights up to 2019″.
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Seed treatments are widely used across the globe, and are very useful in safeguarding crops against various insects, disease-causing microbes, and pests in a cost-effective way. Seed treatments are very important as they improve the quality and yield of the agricultural produce. Based on applications, the seed treatment market can be segmented into three types: insecticides (chemical), fungicides (chemical), and bio-control seed treatments.
The seed treatment market is estimated to be valued at $ 2,798.0 million in 2014 and is projected to grow at a CAGR of 10.6% from 2014 to 2019, to be valued $ 4,635.4 million by 2019 Insecticides form the largest segment of seed treatment market and it accounts for over 50.0% of the market share, among all the applications. North America and Latin America, especially countries such as U.S., Brazil, and Argentina, are the mature markets for seed treatment products. Asia-Pacific, especially China and India are projected to be high-growth markets in the near future, subsequent to Latin America. In 2013, Asia-Pacific represents 7.0% share of the global seed treatment market and is projected to reach $ 341.8 million by 2019.
One of the critical success factors (CSFs) in the market is the ability of a market participant to innovate a complete protection solution against various biotic and abiotic stresses in a single product. This battle of most grower-friendly, crop-friendly, and environment-friendly product innovation is going to be one of the key strategies that the market players will follow in the seed treatment industry over the next five years.
This report estimates the market size of the global seed treatment market in terms value. The market has been further segmented on the basis of crop types such as cereals & grains, oilseeds, and other crops, and by sub-segmentation of insecticides, fungicides, and other chemical seed treatments such as plant growth regulators and micronutrients. This segmentation is given for the main regions and their key countries. Market drivers, restraints and challenges, and crop trends have been discussed in detail. Market share of key players has been analyzed and discussed.
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In terms of competition, the market is dominated by innovators, which are essentially companies with patented products in the market. Key innovators include Bayer CropScience AG (Germany), Syngenta AG (Switzerland), BASF SE (Germany) and Nufarm Company (Australia). Also, there are companies that focus on bio-control seed treatment products, which are products with natural active ingredient. Key participants in the bio-control segment include Plant Health Care Inc. (U.S.) and Becker Underwood (U.S.).
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