The “Global Seed Treatment Market” is likely to grow at a CAGR of 13% in the forecast period of 2021-26, says MarkNtel Advisors in their research report. The market growth primarily owes to the rapid innovation in agricultural methods, such as fluid drilling, seed priming, solid matrix priming (SMP), etc., entwined with bolstering demand for high-yield crops around the globe and surging awareness about using seed treatment products.
However, the research report “Global Seed Treatment Market Analysis, 2021” also states that the burgeoning use of bio-pesticides derived from natural materials, such as plants, animals, bacteria, and certain minerals, might hinder the Global Seed Treatment Market growth.
Key Questions Answered in the Study
Seeds Disinfection Accounts for Significant Share of the Global Seed Treatment Market
The Global Seed Treatment Market includes three treatment types, viz. Seed Disinfection, Seed Disinfestation, and Seed Protection. Of these three, Seed Disinfection acquired the largest market share in the past few years. Seed treatment is preferred by farmers, primarily to protect and enhance the seed quality. Here, the seed disinfection method has played an important role, and hence, its demand has increased rapidly in the previous years.
“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.
Asia Pacific Region to Witness Significant Growth Rate During the Forecast Period
Asia-Pacific region is likely to witness the fastest growth in the Global Seed Treatment Market during the forecast period. It is due to the rapidly growing agriculture practices in countries like India and China. With rising economic growth in Asia, expansion of the middle class has witnessed, increasing the spending of income on food.
Moreover, the rapidly growing population and lack of agricultural land in these countries are likely to increase the adoption of seed treatment to enhance crop yield & quality, reveals MarkNtel Advisors in their research report, “Global Seed Treatment Market Analysis, 2021.”
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.