Seed Treatment Market Share, Market Size, Market Trends and Analysis 2012-2020
Seed Treatment Market - Global Seed Treatment Industry Growth, Analysis, Size, Share, Forecast, Outlook, Segmentation, Production Capacity, Competitive Strategies, Regional Outlook
Seed Treatment Market - Global Seed Treatment Industry Growth, Analysis, Size, Share, Forecast, Outlook, Segmentation, Production Capacity, Competitive Strategies, Regional Outlook
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<strong>Seed</strong> <strong>Treatment</strong> <strong>Market</strong> <strong>Share</strong>, <strong>Market</strong> <strong>Size</strong>, <strong>Market</strong><br />
<strong>Trends</strong> <strong>and</strong> <strong>Analysis</strong> <strong>2012</strong>-<strong>2020</strong><br />
<strong>Seed</strong> <strong>Treatment</strong> <strong>Market</strong> Report provides in-depth analysis of industry by<br />
production, share, size, dem<strong>and</strong>, economic trends, investment feasibility,<br />
major key players, SWOT analysis <strong>and</strong> forecast.<br />
Global seed treatment market was valued over USD 3.00 billion in 2013. The rising research <strong>and</strong><br />
development initiatives aimed at improving the potential of seed potential of genetic yielding is<br />
expected to drive market growth.<br />
The increasing cost of farm level seed treatment coupled with rising fertilizers <strong>and</strong> pesticides price<br />
are some of the critical factors expected to drive the market dem<strong>and</strong>. The number of farmers looking<br />
at seed treatment is expected to grow rapidly over the forecast period owing to the introduction of<br />
new technologies that promise high yields <strong>and</strong> agronomic performance.<br />
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<strong>Seed</strong> treatments are used to provide protection against soil & seed-borne diseases <strong>and</strong> infections.<br />
These procedures help in increase resistance against infections from pathogens owing to which the<br />
dem<strong>and</strong> is expected to remain high over the forecast period.<br />
The formulations <strong>and</strong> registrations of seed protection products take a lot of time resulting in a huge<br />
cost for manufacturers. Rigid government protocols about the usage of ingredients <strong>and</strong> registration<br />
of these products can act as a major restraint to the market growth over the forecast period.<br />
Crop Type Insights<br />
The crop segments in the market comprise Corn, Soybean, Wheat, Canola <strong>and</strong> Cotton. The largest<br />
share was held by corn on account of growing application of corn in the manufacturing of biofuels<br />
<strong>and</strong> starch derivatives.<br />
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Canola is projected to witness the market growth at CAGR of 10.3% from 2015 to <strong>2020</strong>. Canola used<br />
in the manufacturing of biofuels <strong>and</strong> the oil extracted from canola is attracting attention as it is free<br />
from cholesterol <strong>and</strong> contains low saturated fat content.<br />
<strong>Treatment</strong> Type Insights<br />
Insecticides treatment dominated the seed treatment market share by accounting over 50% globally<br />
in 2013. <strong>Seed</strong> protection is used to protect the crops from bacteria, rot, fungi <strong>and</strong> aphid. Insecticide<br />
treatment is economic <strong>and</strong> includes simple execution practices owing to which its dem<strong>and</strong> is expected<br />
to grow over the forecast period.<br />
Nonchemical type expected to be a fastest growing segment with a CAGR of 10.3% from 2015 to <strong>2020</strong>.<br />
The dem<strong>and</strong> for non-toxic type is increasing because of growing adoption of organic farming<br />
techniques. Increasing awareness regarding harmful effects of seed treatments to human health <strong>and</strong><br />
surrounding environment is expected to drive the dem<strong>and</strong> for non-chemical treatment.
Regional Insights<br />
North America is the largest regional segment <strong>and</strong> accounted for more than 40% of the overall market<br />
share in 2013. The growing dem<strong>and</strong> for corn <strong>and</strong> soybean in the manufacturing of biofuels is expected<br />
to drive market dem<strong>and</strong>.<br />
The dem<strong>and</strong> in Asia Pacific is anticipated to grow rapidly at a CAGR of 10.6% from 2015 to <strong>2020</strong>. Rising<br />
awareness among farmers coupled with growing investments in R&D is expected to drive dem<strong>and</strong> for<br />
these techniques.<br />
Competitive Insights<br />
The key players in the seed treatment market are Bayer <strong>and</strong> Syngenta which contributed over 60% of<br />
the total global market share in 2014. The other industry players include Monsanto, DuPont, Nufarm<br />
<strong>and</strong> BASF. The industry is highly concentrated owing to the presence of a large number of small <strong>and</strong><br />
large manufacturers. Manufacturers are now focusing on production of high-quality products coupled<br />
with an investment in new product development <strong>and</strong> getting patents registered.<br />
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