Seed treatments offer the perfect illustration of how the seed and crop protection sectors have undertaken innovative initiatives for advancing the future of contemporary agriculture. North America has been witnessing a sustained demand for seed treatment and is among the fastest growing global market after Asia Pacific over the coming half-a-decade. Canada seed treatment market was worth around $95 million in 2015 and is expected to cross $139 million by 2020 growing at the CAGR of 7.9% during the forecast period 2015-2020.
The demand for crops has stimulated due to rise in the consumption of crops. Rise in the cost of seeds is one of the factor alluring the market. Increase in farm sizes along with crop rotations getting shorter are expected to drive the demand for seed treatment market. Canada and United States have been the growth engines that are driving the North American market.
The left over materials after the treatment affect the environment and limited dose capacity along with limited shelf life are some of the constrains of the seed treatment market. Awareness on the impact of biological seed treatment created an opportunity for seed treatment market.
By application segment, chemical agents dominate the Canada market for seed treatment, accounting for an estimated 2015 share of 94.4%. However, growth in demand for non-chemical agents is likely to outpace chemical agents by posting a 2015-2020 compounded annual rate of 9.1% to emerge as the fastest segment.
Corn/maize is the leading type of crop for seed treatment applications in Canada, estimated to account for 32.5% of the total demand in 2015. In terms of CAGR between 2015 and 2020, however, demand for seed treatment applications in canola is expected to be the fastest among all crop types at 9.1%.
Adama Agricultural Solutions Ltd (Formerly Makhteshim Agan Industries Ltd), Advanced Biological Marketing Inc, BASF SE, Bayer CropScience AG, BioWorks Inc, BrettYoung Limited, Chemtura AgroSolutions, DuPont,Exosect, loveland , Monsanto Company, Novozymes A/S, Precision Laboratories LLC, United agri products,Syngenta International AG, Valent USA Corporation, Vive crop protection and Wolf Trax Inc.A few have focused on horizontal growth by expanding their presence in emerging markets that offer greatest scope for future prospects, while yet others have been content to operate within their established boundaries and go in for vertical growth by concentrating on innovations in the area of products and solutions.
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Market Definition for the specified topic along with identification of key drivers and restraints for the market.
Market analysis for the Canada Seed Treatment Market, with region specific assessments and competition analysis on a global and regional scale.
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their share of markets.
Identification and analysis of the Macro and Micro factors that affect the Canada Seed Treatment Market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
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