A recent report published by Infinium
Global Research on the seed treatment market provides an 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 the 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.
Seed
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
increasing global population leads to significant growth in the demand for food
grains, which turns to require high production and enhanced yields. Further,
the continuous growing input cost as labor, herbicide, fertilizers, and other
cost-related factors are driving the growing demand for the seed treatment
market. Additionally, the seed treatment is a low-cost technology that requires
less input compared to untreated seed. The growing awareness about the benefits
of seed treatment technology drives the demand for the market. However, seed
treatments do not offer a one-size-fits-all solution to every problem.
Sometimes it is ineffective and targeted to the wrong problem, which costs
money and time. This is affecting the growth of the market. Moreover, the
growing government-initiatives to educate the farmers about the different
modern agriculture practices provide significant growth opportunities for the
market. Furthermore, growing investment in research and development for
bio-farming techniques offers lucrative growth opportunities for the seed
treatment market.
North
America is the largest revenue making region for the seed treatment market,
owing to the presence of major agrochemical players in this region. Further,
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
market in this region. Europe is the second-largest region for the seed
treatment market owing to the growing demand for organic food products. The
Asia Pacific region is expected to grow with a healthy CAGR owing to
developments in the agriculture industry.
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 the 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.
Please Choose One of them.