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

Seed treatment is a process of treating seeds with chemicals and non-chemical methods before plantation. It is an ecofriendly way of using small amount of insecticide and fungicides. The U.Sseed treatment market was worth around $1.7 billion in 2015 and is expected to cross $2.6 billion by 2020 growing at the CAGR of 8.3% 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 seed treatment 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. U.S has been witnessing a sustained demand for seed treatment and is among the fastest growing market in North America over the coming half-a-decade. By application segment, chemical agents dominate the U.S market for seed treatment, accounting for an estimated 2015 share of 93.5%. However, growth in demand for non-chemical agents is likely to outpace chemical agents by posting a 2015-2020 compounded annual rate of 9.8% to emerge as the fastest segment. Corn/maize is the leading type of crop for seed treatment applications in U.S, estimated to account for 31.9% 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 9.8%. Adama Agricultural Solutions Ltd (Formerly MakhteshimAgan Industries Ltd), Advanced Biological Marketing Inc, BASF SE, Bayer CropScience AG, BioWorksInc, BrettYoung Limited, ChemturaAgroSolutions, DuPont, Germains Seed Technology, INCOTEC Group BV, Verdesian life sciences, Monsanto Company, Novozymes A/S, Nufarm Ltd, Plant Health Care, Precision Laboratories LLC, Syngenta International AG, Valent USA Corporation and Wolf TraxInc.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. In this report we offer, • Market analysis for the United States 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 United States 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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