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France Seed Treatment Market- Growth, Trends and Forecasts (2015-2020)

Seed Treatments are an excellent example of how the seed industry and crop protection industry are innovating for the future of modern agriculture. The France seed treatment market was worth around $335.7 million in 2015 and is expected to cross $498.9 million by 2020 growing at the CAGR of 8.2% during the forecast period 2015-2020. The regulatory uncertainty of the product approvals and doubts regarding their efficacy and environmental concerns arising from the usage of chemical products has hampered the growth of these products across the world. The organic methods of farming and GM crops are seen as threat to the seed treatment market. Also with growing demand for biological treatment are seen as threat to chemical seed treatment. Demand for hybrid seeds is also on the rise, more in Europe, since they lend themselves better to seed treatment methods. This creates greater opportunity for either including or offering seed treatment as an effective option for controlling pathogens and pests. Europe is a matured markets for seed treatment, with a 19.6% share in 2015, resulting from gradually increasing per capita consumption. The France market for seed treatment is projected to reach US$498.9 million by 2020. With an estimated share of 40% in 2015, the France constitutes the largest market for seed treatment in Europe. During the forecast period fastest CAGR of 8.8% is anticipated to be recorded by demand for seed treatment in Germany. By application segment, chemical agents are the major segment in the France market for seed treatment, accounting for an estimated 2015 share of 94.1%. However, growth in demand for non-chemical agents is likely to outpace chemical agents by posting a 2015-2020 compounded annual rate of 9.5% to emerge as the fastest segment. Corn/maize is the leading type of crop for seed treatment applications in France, estimated to account for 31.5% of the total demand in 2015. In terms of CAGR between 2015 and 2020, however, demand for seed treatment applications in soybean is expected to be the fastest among all crop types at 8.9%. Some of the key companies in the market are BASF, DuPont, Monsanto, Syngenta, Bayer and Others. The most preferred strategies of the key players in recent years is to achieve competitive advantage and to expand the business units in various geographical areas by joint ventures, expansion and acquisition. The key payers are eventually focusing on agreements and partnerships to balance the supply and demand of the market. Introducing new effective products is another strategy to stay ahead of the competition. In this report we offer, • Market analysis for the France Seed Treatment Market, with region specific assessments and competition analysis on global and regional scales. • Market definition along with the identification of key drivers and restraints • Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale • Extensively researched competitive landscape section with profiles of major companies along with their market shares • Identification and analysis of the macro and micro factors that affect the France Seed Treatment Market on both global and regional scales • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information • A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market • Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

Published By: Mordor Intelligence
Published Date: Q1 2016

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