The Global Seed
Treatment Market is expected to reach USD 5.61 billion by
2020, according to a new study by Grand View Research, Inc. Seed treatment
demand is expected to increase due to growing need for protection of high cost
seeds in the market. Additionally, effective control over seed or soil borne
diseases and infections due to seed treatments will also boost the overall
market. Technological development with regards to seed treatment across the
crop life cycle is expected to augment the growth of the market.
Browse full
research report on Global Seed
Treatment : http://www.grandviewresearch.com/industry-analysis/seed-treatment-market
Insecticide treatment was the largest segment accounting for
USD 1.57 billion of revenue in 2013. Cost effectiveness and ease of use are key
factors for increasing popularity of insecticide treatment in the seed
treatment market. Non chemical seed treatment is expected to grow at a CAGR of
10.3% from 2014 to 2020, due to consumer awareness regarding non chemical
products benefits to environment and human health.
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research report:
http://www.grandviewresearch.com/industry-analysis/seed-treatment-market
http://www.grandviewresearch.com/industry-analysis/seed-treatment-market
Further key findings from the study suggest:
- Global seed treatment market revenue was USD 2.98 billion in 2013 and is expected to reach USD 5.61 billion by 2020, growing at a CAGR of 9.6% from 2014 to 2020.
- Corn/Maize is the largest crop type subjected to seed treatment generating revenue of USD 1.03 billion in 2013 due to high vulnerability of crop to insects/ pests.
- North America was the largest regional market for seed treatment with revenue exceeding USD 1.26 billion in 2013. Growing demand for crops such as corn and soybean for production of biofuels coupled with technological advancement in seed treatment is expected to give the region an edge in the market over the forecast period.
- Non chemical treatment is expected to witness fastest growth at an estimated CAGR of 10.3% from 2014 to 2020. The increasing awareness regarding hazards of other seed treatment forms to human health and surrounding environment is expected to drive demand for the segment.
- The global seed treatment market is highly consolidated with the top four companies accounting for over 80% of the market in 2013. Key Companies in the market include Syngenta, Monsanto, BASF, Bayer CropScience, Chemtura, Nufarm and DuPont.
Browse more reports of this category by
Grand View Research: http://www.grandviewresearch.com/industry/agrochemicals-and-fertilizers
For the purpose of this study, Grand View Research has
segmented the global seed treatment market on the basis of treatment type, crop
type and region:
• Seed Treatment Type Outlook (Revenue, USD
Million, 2012 - 2020)
• Insecticides
• Fungicides
• Chemical
• Non chemical
• Seed Treatment Crop Outlook (Revenue, USD Million, 2012 - 2020)
• Corn/Maize
• Soybean
• Wheat
• Canola
• Cotton
• Others
• Seed Treatment Regional Outlook (Revenue, USD Million, 2012 - 2020)
• North America
• Europe
• Latin America
• Asia Pacific
• RoW
• Insecticides
• Fungicides
• Chemical
• Non chemical
• Seed Treatment Crop Outlook (Revenue, USD Million, 2012 - 2020)
• Corn/Maize
• Soybean
• Wheat
• Canola
• Cotton
• Others
• Seed Treatment Regional Outlook (Revenue, USD Million, 2012 - 2020)
• North America
• Europe
• Latin America
• Asia Pacific
• RoW
About Grand View Research
Grand View Research, Inc. is a U.S. based market research
and consulting company, registered in the State of California and headquartered
in San Francisco. The company provides syndicated research reports,
customized research reports, and consulting services. To help clients make
informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
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