Seed Treatment Market Expected to Reach 9.82 Billion USD by 2021

The global seed treatment market has grown exponentially in the last few years. The market size is projected to reach USD 9.82 Billion by 2021, at a CAGR of around 10.8% from 2016 to 2021. The growing global population and resultant food requirements are the main driving factors of this market.

The report Seed Treatment Market by Function (Crop Protection Chemicals and Seed Enhancement), Type (Chemical and Non-Chemical), Crop Type (Cereals & grains, and Oilseeds), Application Technique, & by Region – Global Forecast to 2021″, The Seed Treatment Market is projected to reach a value of USD 9.82 Billion by 2021 at a CAGR of 10.8%. The market is driven by factors such as acreage and advanced technologies that warrant the need for treated seeds, reduced risk of exceeding minimum residue level, and the increasing prices of GM crops creating a need for crop protection. The high growth potential in emerging markets and untapped regions provides new growth opportunities for the market players.

Browse 91 market data Tables and 72 Figures spread through 193 Pages and in-depth TOC on “Seed Treatment Market – Global Forecast to 2021”
http://www.marketsandmarkets.com/Market-Reports/seed-treatment-market-503.html

Early buyers will receive 10% customization on this report.

Cereals & grains is the fastest growing segment in the Seed Treatment Market by crop type during 2016–2021

In the cereals & grains segment, the main crops that have been considered are corn, wheat, and rice. These crops are commonly consumed across the world and thus have an increased market demand. For instance, corn is an important crop for low income population which is one of the key factors driving the demand for crop. In case of wheat, it is one of the leading protein source in the human food compared to other cereals which has led to its rise in demand. On the other hand, rice is one of the staple foods in many countries, such as India and China which has resulted in its market growth.

Make an Inquiry: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=503

Seed coating application technique has the largest market in the seed treatment industry

The seed coating method includes a specific binding agent that is used with a formulation to enhance adherence to the seed. There is a demand for multifunctional seed technologies, which is one of the driving factors behind the growth of the seed coating industry.  Companies such as Bayer CropScience AG (Germany) and INCOTEC Group BV (Netherlands) are investing in R&D activities to introduce new and innovative seed technologies that would overcome the difficulty of germination, sowability, flowability, and dust control.

Significant growth for seed treatment is observed in the North American region

The U.S. was the largest market and accounted for a significant share of the total North American Seed Treatment Market in 2014. The U.S. is the largest producer of seed treatment as well. Moreover, there are many reasons that drive this market in this region such as the ready provision of substantial extra subsidies by the U.S. government. The region is concentrated among few main players such as Monsanto Company (U.S.), DuPont (U.S.), Syngenta AG (Switzerland), and The Dow Chemical Company (U.S.), which contribute to more than half to the North American market.

This report includes a study of marketing and development strategies, along with the product portfolio of leading companies. It includes the profiles of leading companies such Syngenta AG (Switzerland), Monsanto Company (U.S.), Bayer CropScience AG (Germany) and Platform Specialty Products Corporation (U.S.).

 

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

 

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Rohan
Email: sales@marketsandmarkets.com
Phone: 1-888-600-6441
Address:701 Pike Street, Suite 2175
City: Seattle
State: Washington
Country: United States
Website: http://www.marketsandmarkets.com/