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(India.CityRegions.Com, June 09, 2017 ) According to the report “ Global Seed Treatment Market,” published by Market Data Forecast, the global market is projected to reach USD 9.6 billion by 2021 from USD 5.78 billion in 2016, at a CAGR of 10.68%.Seed treatment is a term that describes both products and processes. The usages of specific products and specific techniques can improve the growth environment for the seed, seedlings and young plants. Seed treatment complexity ranges from a basic dressing to coating and pelleting. Seed dressing is the most common method of seed treatment. The seed is dressed with either a dry formulation or wet treated with a slurry or liquid formulation. Dressings can be applied at both farm and industries. Low cost earthen pots can be used for mixing pesticides with seed or seed can be spread on a polythene sheet and required quantity of chemical can be sprinkled on seed lot and mixed mechanically by the farmers. In Seed coating a special binder is used with a formulation to enhance adherence to the seed. Coating requires advanced treatment technology, by the industry.
Seed pelleting is the most sophisticated Seed Treatment Technology, resulting in changing physical shape of a seed to enhance pelletibility and handling. Pelleting requires specialized application machinery and techniques and is the most expensive application.
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The factors influencing the Global Market for Seed Treatment Market, either positively or negatively are presented in the DROC analysis. The major driver of the market is the increasing global population which in turn led to increase in food requirements. Other factors like Rise in cost of fertilizers & pesticides, increase in farm sizes, increase in rates of crop rotation and increased awareness among farmers about the benefits of using agro products are also driving the market for seed treatment. Increasing R&D costs related to improving crop quality is expected to increase the growth of the market. Major Restraints of the market are increased concerns over environment, Limited Duration of Protection.
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For granular level understanding, the Seed Treatment Market is segmented based on the following categories with Market Size Estimations and Y-o-Y Forecasts presented for each sub-segments.
• By Crop Type o Corn/Maize o Soya beans o Wheat o Rice o Canola o Cotton o Other Products • By Application o Chemical Agents Fungicides Insecticides Other Chemical Agents o Biological Agents
• By Function o Crop Protection Chemicals o Seed Enhancement
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Geographically the market is segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East and Africa. North America is the largest market for seed treatment and expected to continue its dominance. Much of the region’s growth comes from the US, which is one of the largest treated seed exporting countries in the world. The seed treatment market is projected to expand in Asia Pacific due to higher economic growth in the region.
• North America Seed Treatment Market • Europe Seed Treatment Market • Asia-Pacific Seed Treatment Market • Latin America Seed Treatment Market • Middle East and Africa Seed Treatment Market
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Syngenta, Bayer CropScience and BASF are the top three players in the global seed treatment market. Other key players include Monsanto, BioWorks Inc, Valent USA Corp, Adama Agricultural Solutions Ltd, Advanced Biological Marketing Inc, Brettyoung Limited, Chemtura Agrosolutions, Dupont and Germains Seed Technology.
The Seed Treatment Market study offers the following deliverables:
• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is blooming
• Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of macro and micro environmental factors that effect the global market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
• A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Checkout other related studies in the Seeds Segment:
Forage Seeds Market: http://www.marketdataforecast.com/research-reports/agriculture/seeds-13/market-reports/global-forage-seeds-market-604/
Fruit and Vegetables Market: http://www.marketdataforecast.com/research-reports/agriculture/seeds-13/market-reports/global-fruit-and-vegetable-seeds-market-1870/
Hybrid Seeds Market: http://www.marketdataforecast.com/research-reports/agriculture/seeds-13/market-reports/global-hybrid-seeds-market-2037/
About Market Data Forecast: Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
Market Data Forecast
Abhishek
+1-888- 702-9626
abhishek@marketdataforecast.com
Source: EmailWire.Com
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