A recent report published by Infinium Global Research on seed treatment market provides in-depth analysis of segments and sub-segments in the global as well as regional seed treatment market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional seed treatment market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global seed treatment market. According to the report, the global seed treatment market is projected to grow at a CAGR of 8.6% over the forecast period of 2019-2025.
Sees treatment is the technology to protect the seed and crop from different types of the disease from sprouting to cultivation. It helps to improve the performance of the seed and optimize the investment of the farmers. Additionally, it improves the germination rate, regulates nodulation in the legume crops. Further, a properly treated seed does not require a huge quantity of fertilizers, pesticides, herbicides and other chemicals as compared to the untreated seed. Moreover, seed treatment helps to inculcate desired quality in the seed, which helps to customize the agri-produce as per the market demand and geographical condition.
The continuous growing input cost as labor, fertilizers, herbicide, and other cost-related factors are helping to grow the demand for the seed treatment market. Further, the growing awareness about the benefits of the seed treatment as less cost, less input required as compared to the untreated seed is catalyzing the growth of the seed treatment market in the developing countries. However, the lack of awareness among the traditional farmers about the benefits of seed treatment is restricting the growth of the seed treatment market for the short term. The growing government-sponsored program to educate the farmers about the different type of modern agriculture practices to reduce the cost of farming and improve production is expected to boost the demand for this market.
Geographically, the seed treatment market is segmented into four regions namely North America, Europe, the Asia Pacific and RoW. North America is the largest player of the seed treatment market, owing to the presence of a large number of the agrochemical companies in this region. Additionally, the continuous focus of the government to promote the adaptation of modern technology by the farmers is helping to grow the demand for the seed treatment procedure for GAP (Good Agricultural Practice). The Asia-Pacific is the second-largest market of the seed treatment market, owing to the growing awareness about it among the farmers.
The report on global seed treatment market covers segments such as type, application technique, crop, and function. On the basis of type, the sub-markets include chemical seed treatment, and non-chemical seed treatment. On the basis of application technique, the sub-markets include seed coating, seed dressing, and seed pelleting. On the basis of crop, the sub-markets include cereals & grains, oilseeds & pulses, and other crop types. On the basis of function, the sub-markets include seed protection, and seed enhancement.
The report provides profiles of the companies in the market such as Germains Seed Technology, Croda International Plc, UPL Limited, Sumitomo Chemical Co., Ltd., FMC Corporation, Nufarm, Monsanto, DuPont de Nemours, Inc., Dow AgroSciences LLC, and BASF SE.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of seed treatment market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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