DUBLIN--(BUSINESS WIRE)--The "Seed Treatment Market by Type, Application Technique (Coating, Dressing, Pelleting), Function (Seed Protection (Insecticides, Fungicides) and Seed Enhancement), Crop Type (Cereals & Grains, Oilseeds & Pulses), and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The seed treatment market is projected to grow at a CAGR of 10.82% from USD 6.76 Billion in 2017, to reach USD 11.31 Billion by 2022.
Due to the increasing demand for integrated pest management practices to minimize pesticide usage, seed treatment products have been gaining preference for their beneficial characteristics such as the ability to combat early-season diseases and pests and their effect on crop yield.
The American region accounted for the highest adoption of seed treatment in 2016, majorly contributed by countries such as the US, Brazil, and Canada. The high adoption of insecticide seed treatment for corn, soybeans, and canola in these countries are the major reasons for their dominance in the market. Asia Pacific is projected to be the fastest-growing market for seed treatment in agricultural applications from 2017 to 2022. The significant growth in adoption of biologicals strengthened the market potential for local manufacturers to develop better and more efficient products such as biostimulants and biofertilizers.
Key players identified in the seed treatment market include Bayer (Germany), Monsanto (US), Syngenta (Switzerland), BASF (Germany), Dow AgroSciences (US), DuPont (US), FMC (US), Sumitomo Chemical (Japan), Arysta LifeScience (US), Incotec (Netherlands), Nufarm (Australia), UPL (India), and Germains (UK), as these are well-established and financially stable players that have been operating in the industry for several years. Most key participants have been exploring new regions through expansions, acquisitions, new product developments, and joint ventures across the globe to avail a competitive advantage through combined synergies.
- Seed Treatment as a Low-Cost Crop Protection Solution
- Serves as Insurance to Seed Investments
- Reduced Risk of Exceeding MRLs
- Need for Soil Replenishment Caused by Limited Crop Rotation Practices
- Lower Margins for Key Industrial Crops
- Government Regulations
- Existing Ban on Neonicotinoids
- Innovative Combination of Products
- Increased Application in High-Value Crops
- Growing Resistance to Crop Protection Products
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Seed Treatment Market, by Type
7 Seed Treatment Market, by Application Technique
8 Seed Treatment Market, by Crop Type
9 Seed Treatment Market, by Function
10 Seed Treatment Market, by Region
11 Competitive Landscape
12 Company Profiles
- Arysta Lifescience
- DOW Agrosciences
- Sumitomo Chemical
For more information about this report visit https://www.researchandmarkets.com/research/nl3bm3/global_seed?w=4