Global Seed Treatment Market to Grow at a CAGR of 13% in the Forecast Period of 2021-26

According to MarkNtel Advisors' research report, “Global Seed Treatment Market Analysis, 2021,” the market is likely to grow at a CAGR of 13% in the forecast period of 2021-26. It owes primarily to the flourishing agriculture industry and the mounting use of seed treatment in agriculture to avoid the chances of seed damage & achieve high crop yield.

Besides, the surging population has aided the food demand, which, in turn, has prompted the need for more agricultural yield, thereby increasing the adoption rate of seed treatment. The significantly rising consumption of grain & other food products has resulted in high pressure on farmers to produce more yield to cater to this rising food demand.

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Key Questions Answered in the Study
1. What are the current and future trends in the Global Seed Treatment market?
2. How has the industry been evolving in terms of geography and services adoption?
3. How has the competition been shaping across the globe, followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the Global Seed Treatment market?
5. What are the customer orientation, purchase behavior, and expectations from the Global Seed Treatment market service providers?

Seed Protection to Account for Significant Share of the Global Seed Treatment Market

Based on the Type, the market bifurcates into Seed Disinfection, Seed Disinfestation, and Seed Protection. Of these segments, Seed Protection is more likely to witness substantial growth in the Global Seed Treatment Market during the forecast period. Seed Protection includes the usage of crop protection chemicals, such as fungicides, insecticides, or a combination of both. It plays a significant role in improving the planation of healthy seeds. Hence, these factors lead to augment the segment growth in the forecast period.

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“Global Seed Treatment Market Analysis, 2021” provides comprehensive, qualitative, and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Seed Treatment providers across the globe. Moreover, the report also encompasses the key strategic imperatives for competitors' success and strategic factorial indexing to measure their capabilities on 16 parameters, which will help companies formulate 'Go to Market' strategies and identify the blue ocean for their offerings.

Insecticides to Witness Significant Growth Rate During the Forecast Period

Based on the Application, the market segments into Fungicides and Insecticides. Of both, Insecticides are more likely to grow at a considerable rate in the Global Seed Treatment Market during the forecast period. Insecticides form a chemical barrier over the germinating seed’s surface, thereby protecting it from chewing insects. Moreover, in the seed treatment process, insecticide gets applied to the parts of germinating plants, which are above the ground level, to kill pests like aphids & mites. Hence, based on these aspects, Insecticides are very likely to contribute to the overall market growth, reveals MarkNtel Advisors in their research report “Global Seed Treatment Market Analysis, 2021.”

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According to MarkNtel Advisors, the leading industry players in the Global Seed Treatment Market are Bayer, Syngenta Ag, BASF Se, Fmc Corporation, Nufarm, Adama Agricultural Solutions Ltd., UPL Limited, Novozymes A/S, Eastman Chemicals Ltd, Plant Health Care, Corteva Agriscience, Germains Seed Technology, Precision Laboratories, Llc, Valent USA, Rhizobacter Argentina S.A., Globachem, Bioworks, Certis Europe, and Verdesian Lifesciences.

Market Segmentation:
1. By Types (Seed Disinfection, Seed Disinfestation, Seed Protection)
2. By Seed Condition (Injured Seeds, Diseased Seed, Undesirable Soil Conditions, Disease-Free Seed)
3. By Application (Fungicide [Thiram, Carbendazim, Tebucunazole, Carboxin, Other fungicides], Insecticide [Thiamethoxam, Imidacloprid, Clothianidin, Other insecticides], Others)
4. By Crop Type (Grains and Cereals, Oilseeds, Fruits and Vegetables)
5. By Region (North America, South America, Europe, Asia-Pacific, Middle East & Africa)
6. By Country (U.S, Canada, Mexico, Brazil, Argentina, Germany, France, The U.K, Spain, Italy, China, India, Japan, Thailand, Indonesia, South Africa, Nigeria, Kenya)
7. By Competitors (Bayer, Syngenta Ag, BASF Se, Fmc Corporation, Nufarm, Adama Agricultural Solutions Ltd., UPL Limited, Novozymes A/S, Eastman Chemicals Ltd, Plant Health Care, Corteva Agriscience, Germains Seed Technology, Precision Laboratories, Llc, Valent USA, Rhizobacter Argentina S.A., Globachem, Bioworks, Certis Europe, Verdesian Lifesciences)

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MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.

We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

This release was published on openPR.