Seed Treatment Market in the APAC Region 2015-2019
About Seed Treatment
Seed treatment is a method of crop protection that involves the application of biological or chemical ingredients to seeds to protect them from pests and diseases. This treatment essentially improves germination, prevents infestations and diseases, facilitates productivity, enhances plantability, and is a convenient and economical method of crop protection. There are three types of seed treatments: physical, biological, and chemical. Depending on the requirement, seed treatment products are combined and used in varying proportions. Currently, the Seed industry is focused on the use of seed treatments for crop protection.
TechNavio's analysts forecast the Seed Treatment market in APAC region to grow at a CAGR of 10.82 percent during the period 2014-2019.
Covered in this Report
The report covers the present scenario and growth prospects of the Seed Treatment market in the APAC region for the period 2015-2019. To calculate the market size, the report considers the revenue generated through sales of seed treatment products in the market. TechNavio's report, the Seed Treatment Market in APAC Region 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focusses on the APAC region; it also covers the Seed Treatment market in APAC region market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.The market is divided into the following segments on the basis of the agents used to treat seeds:
Technavio Announces the Publication of its Research Report – Seed Treatment Market in the APAC Region 2015-2019
Technavio recognizes the following companies as the key players in the Seed Treatment Market in the APAC Region: BASF SE, Bayer CropScience AG, Monsanto Co., Nufarm Ltd. and Sumitomo Chemical Co. Ltd.
Other Prominent Vendors in the market are: Chemtura AgroSolutions, DuPont, Germains Seed Technology, INCOTEC Group, Novozymes, Syngenta and Wolf Trax
Commenting on the report, an analyst from Technavio’s team said: “Rapid growth of biological seed treatments will boost growth potential as vendors are increasingly investing in R&D to develop environment-friendly, cost-effective, and energy-efficient treatment methods. Several vendors are investing in R&D to develop target-specific products by studying the control mechanism of these agents.”
According to the report, growth in population, advances in seed production technology, and government efforts to improve food productivity predominantly drive the growth of the market. Farmers have increased investments in seeds and other agricultural inputs to balance the demand-supply ratio.
Further, the report states that one key challenge faced by the market is the varying efficiency of seed treatments. Seed treatment agents may provide different outcomes because of external conditions and brands.
BASF, Bayer CropScience, Monsanto, Nufarm , Sumitomo Chemical, Chemtura AgroSolutions, DuPont, Germains Seed Technology, INCOTEC Group, Novozymes, Syngenta, Wolf Trax
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