DUBLIN--(BUSINESS WIRE)--The "Global Chemical Seed Treatment Market - Industry Trends, Opportunities and Forecasts to 2023" report has been added to ResearchAndMarkets.com's offering.
The global chemical seed treatment market is valued at US$3.957 billion in 2018 and is projected to reach US$5.868 billion in 2023 exhibiting a CAGR of 8.20% during the forecast period.
Growing population has resulted in a phenomenal increase in food demand across the globe. The advancement in crop science techniques is driven by the inadequate food supply. The sector is experiencing robust adoption of smart crop techniques at low cost owing to deteriorating climatic conditions and increasing seed cost. Due to the demand-supply mismatch for food, the governments and companies are investing more into research and development to develop genetically modified seeds in order to meet the generated demand in less time.
The key drivers triggering the growth of this sector include the use of multi-component products, fulfillment of regulatory related requirements, and an increase in farm size. The market will witness an escalated growth owing to the increase in innovative crop protection methods and crop solutions along with cost-effective techniques. Environmental concern related to the use of these chemical seeds will restrain its growth across the globe.
The global chemical seed treatment market is highly competitive due to the presence of well-diversified international, regional, and local players. Competitive landscape provides with the strategy and investment details in order to boost up their presence.
Some of the key players of the global chemical seed treatment market included in the report are BASF SE, Bayer Group, Syngenta, Plant Health Care, Novozymes, Sumitomo, Monsanto Company, and Adama Agricultural Solutions Limited among others.
By Crop type
- Cereals and Grains
Key Topics Covered:
2. Research Methodology
3. Key findings of the study
4. Market Dynamics
5. Global Chemical Seed Treatment Market Forecast by Crop Type (US$ Billion)
6. Global Chemical Seed Treatment Market Forecast by Pesticides (US$ billion)
7. Global Chemical Seed Treatment Market Forecast by Geography (US$ billion)
8. Competitive Intelligence
9. Company Profiles
- BASF SE
- Bayer Group
- Plant Health Care
- Monsanto Company
- Adama Agricultural Solutions Limited
- Incotec Group
- Nufarm Limited
For more information about this report visit https://www.researchandmarkets.com/research/fl3rx7/global_chemical?w=4