- The key vendors in the Seed Treatment Market in the APAC Region 2015-2019 are BASF SE, Bayer CropScience AG, Monsanto Co., Nufarm Ltd. and Sumitomo Chemical Co. Ltd.
London, 31 March 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Seed Treatment Market in the APAC Region 2015-2019. Rapid growth of biological seed treatments will boost growth potential as vendors are increasingly investing in R&D to develop environment-friendly, cost-effective, and energy-efficient treatment methods. Several vendors are investing in R&D to develop target-specific products by studying the control mechanism of these agents. The Seed Treatment market in the APAC region is expected to grow at a CAGR of 10.82 percent during 2014-2019.
The Seed Treatment segment occupies the largest share in the Crop Protection industry, as it comprises low-cost solutions compared with other crop protection methods. Growing populations and increased food consumption drive demand for seed cultivation, which, in turn, fuels the development of seed treatment methods.
“The gradual shift from farm-saved to commercial seeds in the APAC region has directed the demand from basic seed treatments to commercial seed treatment technologies,” says Faisal Ghaus, Vice President of Technavio Research.
“With rapid advances in seed technology, the demand for the production and treatment of commercial seeds has increased. Commercial applications enable limited health and environmental impact with minimal wastage.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
