Research and Markets: Australian Seed Treatment Market Report 2014-2020: Application (Chemical Agents and Biological Agents) and Crop Type (Corn/Maize, Soybeans, Wheat, Rice, Canola, Cotton and Other Crops) Analysis
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/pgjwhn/australian_seed) has announced the addition of the "Australian Seed Treatment Market - Growth, Trends and Forecasts by Application Area and Crop Type (Corn/Maize, Soybeans, Wheat, Rice, Canola, Cotton and Other Crop" report to their offering.
“Australian Seed Treatment Market - Growth, Trends and Forecasts by Application Area and Crop Type (Corn/Maize, Soybeans, Wheat, Rice, Canola, Cotton and Other Crop”
The Australian market for seed treatment, estimated at US$16.6 million in 2014, is further forecast to record a CAGR of about 6% during 2013-2020
Chemical agents form the largest application of seed treatments in Australia, with an estimated 2014 share of 94.4%. However, growth in demand is expected to be the fastest for biological agents, forecast at a compounded annual rate of 6.8% between 2014 and 2020. By type, wheat forms the largest, as well as the fastest growing crop that is subjected to seed treatment in Australia, with the former estimated to have 22.5% share in 2014 and the latter a compounded annual rate of 6.9% during 2014-2020.
The market for seed treatment gains in significance due to a number of factors, prominent among which are agronomic trends that comprise development of high quality seeds through the enhanced potential offered by genetically modified organisms (GMOs), changes in climatic conditions, increasing rates of crop rotation, flexibility in sowing approaches and greater pressure from regulatory requirements.
Primary requirements of seed treatment include capability of offering good protection during the germination period, supporting early plant development and enhancing stress tolerance at an early stage. These can be achieved by improving the quality of seed treatment products that offer ease of application at low rates. In short, it may be summed up that the foundation for the future lies in the concept of innovation in seed treatment.
Key Topics Covered:
1. Global Market Overview
3. Market Drivers, Restraints and Opportunities
4. Australian Market Analysis
5. Market Share Analysis
6. Company Profiles
- Adama Agricultural Solutions Ltd
- Advanced Biological Marketing Inc
- BASF SE
- Bayer CropScience AG
- BioWorks Inc
- BrettYoung Limited
- Chemtura AgroSolutions
- Germains Seed Technology
- INCOTEC Group BV
- INTX Microbials LLC
- Monsanto Company
- Novozymes A/S
- Nufarm Ltd
- Plant Health Care
- Precision Laboratories LLC
- Syngenta International AG
- Valent USA Corporation
- Wolf Trax Inc
For more information visit http://www.researchandmarkets.com/research/pgjwhn/australian_seed