Seed Treatment Market By Treatment Type (Insecticides, Chemical & Non Chemical Treatment) By Crop Type (Corn/Maize, Soybean) Is Expected To Reach USD 5.61 Billion by 2020 - KMPH FOX 26 | Central San Joaquin Valley News Source

Seed Treatment Market By Treatment Type (Insecticides, Chemical & Non Chemical Treatment) By Crop Type (Corn/Maize, Soybean) Is Expected To Reach USD 5.61 Billion by 2020

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Market Size - $2.98 bn in 2013, Market Growth - CAGR of 9.6%, Market Trends Ban on GM crops in developed markets to encourage seed treatment demand - latest report by Grand View Research. View full report with TOC - http://www.grandviewresearch.com/industry-analysis/seed-treatment-market.

(PRWEB) June 30, 2014

The global market for seed treatment is expected to reach USD 5.61 billion by 2020, according to a new study by Grand View Research, Inc. Seed treatment demand is expected to increase due to growing need for protection of high cost seeds in the market. Additionally, effective control over seed or soil borne diseases and infections due to seed treatments will also boost the overall market. Technological development with regards to seed treatment across the crop life cycle is expected to augment the growth of the market.

Insecticide treatment was the largest segment accounting for USD 1.57 billion of revenue in 2013. Cost effectiveness and ease of use are key factors for increasing popularity of insecticide treatment in the seed treatment market. Non chemical seed treatment is expected to grow at a CAGR of 10.3% from 2014 to 2020, due to consumer awareness regarding non chemical products benefits to environment and human health.

The report Seed Treatment Market Analysis By Product (Chemical & Non-Chemical), By Application (Fungicide, Insecticide, Bio-control), By Crop (Cereals, Oilseeds) And Segment Forecasts To 2020 is available now to Grand View Research customers at http://www.grandviewresearch.com/industry-analysis/seed-treatment-market.

Request Free Sample of This Report @ http://www.grandviewresearch.com/industry-analysis/seed-treatment-market/request

Further key findings from the study suggest:

  • Global seed treatment market revenue was USD 2.98 billion in 2013 and is expected to reach USD 5.61 billion by 2020, growing at a CAGR of 9.6% from 2014 to 2020.
  • Corn/Maize is the largest crop type subjected to seed treatment generating revenue of USD 1.03 billion in 2013 due to high vulnerability of crop to insects/ pests.
  • North America was the largest regional market for seed treatment with revenue exceeding USD 1.26 billion in 2013. Growing demand for crops such as corn and soybean for production of biofuels coupled with technological advancement in seed treatment is expected to give the region an edge in the market over the forecast period.
  • Non chemical treatment is expected to witness fastest growth at an estimated CAGR of 10.3% from 2014 to 2020. The increasing awareness regarding hazards of other seed treatment forms to human health and surrounding environment is expected to drive demand for the segment.
  • The global seed treatment market is highly consolidated with the top four companies accounting for over 80% of the market in 2013. Key Companies in the market include Syngenta, Monsanto, BASF, Bayer CropScience, Chemtura, Nufarm and DuPont.

Browse All Agrochemicals & fertilizers Market Reports Published By Grand View Research @ http://www.grandviewresearch.com/industry/agrochemicals-and-fertilizers

For the purpose of this study, Grand View Research has segmented the global seed treatment market on the basis of treatment type, crop type and region:

  •      Seed Treatment Type Outlook (Revenue, USD Million, 2012 - 2020)
             Insecticides
             Fungicides
             Chemical
             Non chemical
  •      Seed Treatment Crop Outlook (Revenue, USD Million, 2012 - 2020)
             Corn/Maize
             Soybean
             Wheat
             Canola
             Cotton
             Others
  •      Seed Treatment Regional Outlook (Revenue, USD Million, 2012 - 2020)
             North America
             Europe
             Latin America
             Asia Pacific
             RoW

Browse All Grand View Research Upcoming Reports @ http://www.grandviewresearch.com/ongoing-reports

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About Grand View Research

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, http://www.grandviewresearch.com/.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058

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