DUBLIN--(BUSINESS WIRE)--The "Global Wheat Seed Treatment Market - Industry Growth, Trends and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global market for seed treatment in wheat is estimated at USD 1.1 billion in 2017 and further forecast to sustain a CAGR of 10.4% during the forecast period.
The increasing awareness of the benefits of seed treatments upon productivity, opening up of new and emerging markets in Asia-Pacific region and supportive governmental policies are driving the wheat seed treatment market.
Increasing Trade in Wheat Seed Driving the Market
Highest increase in demand of wheat seed has been seen in Asia, increase is majorly due to increase in population. World trade for wheat seed has been rising, as higher exports from Russia, Argentina, and Canada more than offset reduced exports from the US. Projected imports have increased for Indonesia and several African countries while they have reduced for India, Iran, Brazil, and Mexico. Indonesia's imports have also increased from 1.0 million metric ton to 12.5 million metric ton as a result of surge in both food and feed use. Indonesia is now the leading global wheat importer, surpassing Egypt, the traditional leader.
North America Dominating the Market
The region's seed treatment market in wheat is dominated by the United States, estimated to account for a share of more than half. However, in terms of fastest growth in demand for seed treatment in wheat, Mexico is likely to outpace other North American markets. Syngenta, Bayer Crop Science and BASF are the top three players in the North America seed treatment market, with all of them having an extensive portfolio of agricultural products and solutions related to wheat.
Key Topics Covered
2. Research Scope & Methodology
3. Market Dynamics
4. Market Segmentation
5. Competitive Landscape
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 Inc. Tec Group Bv
- Verdesian Life Sciences
- Monsanto Company
- Novozymes A/S
- Nufarm Ltd
- Plant Health Care
- Precision Laboratories LLC
- Syngenta International AG
- Valent USA Corporation
- Wolf Trax Inc
7. Future Outlook of the Market
For more information about this report visit https://www.researchandmarkets.com/research/fg744s/global_wheat_seed?w=4