Global Seed Treatment Fungicides Market is projected to reach USD 1.91 Billion by 2023 at a CAGR of over 9% owing to the increasing use of seed treatment for the production of superior quality GM crops.
Moreover, the growing requirement for maximizing the crop yield to supply the increasing food demand from the growing population coupled with the rising need for minimizing crop loss and wastage due to insect and other pest attacks will drive the market during the forecast period.
Based on the crop type, the cereals and oilseed segment are expected to lead the market in the next five years, as the demand for cereals has been constantly growing with the growing population.
Based on the application method, the seed dressing segment is expected to lead the market for the next five years, as it is an environment-friendly method for crop protection, preferred by organic growers as well as farmers as the products are obtained from natural sources. South America leads the Seed Treatment Fungicides market and is expected to maintain its position in the next five years, due to growing agricultural practices and requirements for high-quality agricultural produce.
Years considered for this report:
Historical Years: 2013-2016
Base Year: 2017
Estimated Year: 2018
Forecast Period: 2018–2023
The objective of the Study:
- To analyze and forecast the market size of the Global Seed Treatment Fungicides Market, in terms of value and volume.
- To classify and forecast Global Seed Treatment Fungicides based on type, form, crop type, application method, and regional distribution.
- To identify drivers and challenges for Global Seed Treatment Fungicides Market.
- To examine competitive developments such as expansions, new product launches, mergers acquisitions, etc., in Global Seed Treatment Fungicides Market.
- To conduct the pricing analysis for Global Seed Treatment Fungicides Market.
- To identify and analyze the profile of leading manufacturers involved in the Global Seed Treatment Fungicides Market.
Some of the leading players in the Global Seed Treatment Fungicides Market are BASF SE, Syngenta Crop Protection AG, Nufarm Limited, Bayer AG, Platform Specialty Products Corporation, Sumitomo Corporation, E.I. Du Pont De Nemours and Company, FMC Corporation, Certis Europe LLC, Novozymes A/S, etc.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents also enquired about their competitors.
Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the distribution channels and presence of all major manufacturers across the globe.
TechSci Research calculated the market size of the Global Seed Treatment Fungicides Market using a bottom-up approach, where value data for power lines were recorded and forecasted for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated them by analyzing historical data of these product types and applications for getting an appropriate, overall market size.
Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also used by TechSci Research.
Key Target Audience:
- Seed Treatment Fungicides Manufacturers.
- Dealers and Suppliers
- Traders and Distributors
- Industrial associations
- Research organizations and consulting companies.
- Government Institutions.
- Market research and consulting firms.
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The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, vendors, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
