Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Chemical Seed Treatment Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 12.9% during the review period (2021 to 2027).
The chemical seed treatment market is projected to register a CAGR of 12.9% during the forecast period (2022-2027). The impact of the COVID-19 pandemic on the seed treatment market has been negligible, mainly due to transport fences. The impact of lockdowns or turbulences has been excused by the administration for all types of agrarian activities, hence there has been no such effect of corona eruption. Indeed, the agrochemical companies have made double-digit profits as compared to last year, due to panic buying behaviour from farmers. Growing consciousness among growers over the use of seed action has resulted in support from the administration. Numerous seed banks are being managed by the governments of emergent countries, at the national, as well as village levels, in order to store seeds that are properly preserved by seed treatment chemicals, hence preventing the rotting of seeds. Hopeful government rules and movements over the use of seed treatment is driving the market. The global market for seed action includes chemical agents, including insecticides, fungicides, and other chemicals, of which chemical agents form the most dominant application segment.
The Global Chemical Seed Treatment Market study report will provide a valuable insight with an emphasis on the global market including some of the major players such as BASF, Bayer, Monsanto, Corteva, Adama Agricultural Solutions, Incotec Group, Verdesian Life Sciences, Nufarm, Novozymes, Syngenta International, Advanced Biological Marketing
May 5, 2021: ADAMA US, a leading global crop protection company, announced that the winners of its expanded Thank a Retailer program for ag retailers and farmers, which started as a pilot program in the Pacific Northwest (PNW) in 2020. This year, ag retailers in 36 states had the chance to win a charity donation for a local nonprofit of their choice.
Jan 19, 2021: Verdesian Life Sciences Announces Investment from AEA Investors
Verdesian Life Sciences (“Verdesian” or the “Company”), a leading platform that develops patented biological, nutritional, fertilizer enhancers, seed treatment and inoculant technologies for high-value specialty crops, row crops, and turf and ornamental markets, announced it has entered into a definitive stock purchase agreement with funds managed by AEA Investors LP (“AEA”). Verdesian’s management team, including President and CEO Kenny Avery, will continue to lead the Company following the close of the transaction.
The market is segmented based on the type, applications, companies and regions.
By Types, it is segmented into
By Application, it is segmented into
Asia Pacific is projected to be the third fastest-growing region during the forecast period, owing to the fact that there is a growing demand for forage and fodder crops from the region. The increasing demand for crop protection chemicals from countries such as China, Japan, and India, in Asia Pacific is accelerating growth of seed treatment market during the forecast period. Most of the established players are expanding their business in the Asia Pacific region driven by the increasing demand, and hence, is projected to be the fastest-growing during the forecast period.
The Chemical Seed Treatment Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Chemical Seed Treatment Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Forecast Period 2022 to 2028 CAGR | CAGR of 12.9% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | BASF, Bayer, Monsanto, Corteva, Adama Agricultural Solutions, Incotec Group, Verdesian Life Sciences, Nufarm, Novozymes |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages |
158
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Customization Available | Yes, the report can be customized as per your needs |
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
What is the study period of this market?
The Chemical Seed Treatment Market is studied from 2022-2027.
Who are the prime players in the Chemical Seed Treatment Market?
BASF, Bayer, Monsanto, Corteva, Adama Agricultural Solutions, Incotec Group, Verdesian Life Sciences, Nufarm, Novozymes
Which region held the largest share in the Chemical Seed Treatment Market?
United States, Europe, China, Japan, Southeast Asia, India and Rest of World
What are the significant types of Chemical Seed Treatment Market?
Insecticides, Fungicides, Other Chemicals
What are the major applications of Chemical Seed Treatment Market?
Cornmaize, Soybean, Wheat, Rice, Canola, Cotton, Others
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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