Seed Treatment Market (Insecticides, Fungicides, Other Chemical and Nonchemical Treatment) For Corn, Soybean, Wheat, Canola, Cotton and Others - Global Industry Analysis, Size, Share, Growth and Forecast, 2012 - 2018
Albany, New York (PRWEB) August 08, 2013
Growing focus of the seed industry on crop protection is leading to development of different seed treatment methods. The growing seed market is the key driver for seed treatment. In addition, higher prices of seeds and technological development in seed treatment methods are also leading to significant growth in demand for seed treatment.
This report analyzes estimates and forecasts the global market of seed treatment in terms of revenue and also analyzes major driving and restraining factors for the market. In addition, the study includes opportunities for the seed treatment market in the near future. The study includes analysis of global demand for seed treatment in terms of revenue from 2011 to 2018.
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The study further segments the market on the basis of treatment type and crop type and analyzes the demand for each segment from 2011 to 2018. The report also includes analysis and estimates of seed treatment demand for the main geographical regions backed by analysis for major countries. The study includes value chain analysis to give a comprehensive view of major players in the seed treatment market.
The study also analyzes market competition using Porter’s Five Force Model and analyzes impact of suppliers, buyers, substitutes, new entrants and market competition. The study includes company market share analysis for the major players operating in the seed treatment market. Syngenta, Monsanto, Bayer CropScience, BASF, DuPont, Chemutra Inc. and Nufarm are some of the company profiles included in the report.
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The global demand of seed treatment has been primarily driven by the growth of the commercial seeds (conventional and bio-seeds) market. Increasing global farming and reduction in arable land has generated the need for high yield productivity, further boosting the market for seed treatment. Increasing input cost of seeds and technological developments in agriculture are also expected to drive the demand for seed treatment. However, environmental concerns regarding the toxicity of chemicals used in insecticides, fungicides and other chemical treatments are expected to inhibit the market growth.
Insecticides dominated the seed treatment market and accounted for 52.5% of the total market revenue in 2011. Insecticides were followed by fungicides which accounted for 34.9% of the total market in 2011. Nonchemical treatment, which is generally done using biological agents, is expected to be the fastest growing treatment, at an estimated CAGR of 9.9% from 2012 to 2018.
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