Seed Treatment Market Competitive Analysis, Statistics, Regional, Demand, Development Status, Opportunities Forecast 2021 to 2030

In a recent published report, Kenneth Research has updated the market report for Seed Treatment Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Seed Treatment Market products.

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According to the statistics by the Organization for Economic Co-operation and Development (OECD), production of maize increased from 8.28 tonnes/hectare in the year 2010 to 9.48 tonnes/hectare in the year 2019.

Factors such as the increasing crop production worldwide and the concern for the decreasing arable land for the cultivation of crops, which is raising the need amongst farmers to develop modern agricultural methods that provide increased yield with low input resources, are anticipated to drive the growth of the market. According to the statistics by the Organization for Economic Co-operation and Development (OECD), production of maize increased from 8.28 tonnes/hectare in the year 2010 to 9.48 tonnes/hectare in the year 2019.

Global Seed Treatment Market was valued at USD 6.6 Billion in the year 2017. Global Seed Treatment Market is further estimated to grow at a CAGR of 10.68% from 2018 to reach USD 14.9 Billion by the year 2025. The North America region holds the highest Market share in 2017 and the Asia Pacific is considered as the fastest growing Market in the forecasted period due to growing demand of seed treatment and growing demand of quality crop. At a country level, the U.S., Canada, & Brazil in North America and China & India in Asia-Pacific holds the notable Market share and is projected to grow strongly in the coming years due to the strongly growing agriculture sector.

Major market players in Seed Treatment Market are The Dow Chemical Company, Syngenta AG, Monsanto Company, Bayer CropScience AG, FMC Corporation, Valent Biosciences Corporation, Adama Agricultural Solutions Ltd, BASF SE, Nufarm Ltd, Sumitomo Chemical, and brief overview of 12 companies is also provide in the report. Rising research and development expenses to satisfy the changing demands of end users, new product launches and organic growth strategies were few techniques adopted by various manufacturers in last 5 years.

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SWOT Analysis of Seed Treatment Market:
Strength:
Growing demand for high-quality seeds
Growing awareness benefits associated with seed treatments
Increasing global population

Weakness:
Strict government regulations and policies
The ban on certain products associated with seed treatment

Opportunities:
High opportunities in the developing region

Threats:
Emerging crop protection Market

The segmentation is done on the basis of application, by function, by crop type, and by region. On the basis of application, the global Seed treatment Market is sub-segmented as chemical and non-chemical/biological of which the chemical segment is expected to hold the highest Market share during the forecast period.

Seed Treatment Market Segmentation:
By Crop Type
*Cereals & Grains
*Fruits & Vegetables
*Oilseeds & Pulses
*Others

By Function
*Seed Protection
*Seed Enhancement
*Others

By Application
*Chemical
*Non-chemical/biological

By Region
North America
*USA
*Canada
Europe
*Germany
*U.K.
*France
*Italy
*Rest of Europe
APAC
*China
*India
*Japan
*Rest of Asia-Pacific
RoW
*Latin America
*Middle East & Africa

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