According to a new market report by Lucintel, the future of the insecticide seed treatment market looks promising with opportunities in the agriculture segment. The insecticide seed treatment market is expected to grow with a CAGR of 11% from 2019 to 2024. The major drivers for this market are rise in need for food security for the growing population and increase in crop loss due to frequent pest attack effective.
In this market, chemical and biological insecticide seed treatments are used to control insect pests. On the basis of comprehensive research, chemical insecticide seed treatments will remain largest segment over the forecast period. Lucintel predicts that biological is expected to witness highest growth during forecast period due to the growth in demand for organic food and it is an environment friendly method for crop protection.
Within the insecticide seed treatment market, seed dressing will remain the mostly used technique for insecticide seed treatment due to low cost as compared to other technology.
Cereals & oilseeds will remain the largest crop type and it is also expected to witness highest growth during forecast period due to rising population and change in consumer preferences and taste.
South America will remain the largest region and it is also expected to experience the highest growth over the forecast period due to increased areas under major seed treatment crops, such as corn and soybean.
BASF SE, Syngenta AG, Bayer CropScience AG, Monsanto, Nufarm Limited, FMC Corporation, Novozymes A/S, Platform Specialty Products Corporation, and Sumitomo Chemical Company Ltd. are among the major manufacturers of insecticide seed treatment.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the Insecticide seed treatment market by type, form, crop type, application technique, and region. Lucintel has prepared a comprehensive research report titled "Insecticide Seed Treatment Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the Insecticide seed treatment market by type, form, crop type, application technique, and region as follows:
By Type [$M shipment analysis for 2013 – 2024]
• Chemical
o Neonicotinoids
o Pyrazoles
o Pyrethroids
o Others (organophosphates and carbamates)
• Biological
By Form [$M shipment analysis for 2013 – 2024]:
• Liquid
• Powder
By Crop Type [$M shipment analysis for 2013 – 2024]:
• Cereals & Oilseeds
• Fruits & Vegetables
• Others (Turf & Ornamentals, Plantation Crops, Fiber Crops, and Silage & Forage Crops)
By Application Technique [$M shipment analysis for 2013 – 2024]:
• Seed Coating
• Seed Dressing
• Seed Pelleting
By Region [$M shipment analysis for 2013 – 2024]:
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o France
o U.K.
o Italy
o Spain
o Russia
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Indonesia
o Rest of Asia Pacific
• South America
• ROW
o Saudi Arabia
o Others
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link………[email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1.What are some of the most promising potential, high growth opportunities for the Insecticide seed treatment market by type (chemical and biological), form (liquid and powder), crop type (cereals & oilseeds, fruits & vegetables, and others), application technique (seed coating, seed dressing, and seed pelleting), and region (North America, Europe, Asia Pacific, South America, and RoW)?
Q.2.Which segments will grow at a faster pace and why?
Q.3.Which regions will grow at a faster pace and why?
Q.4.What are the key factors affecting market dynamics? What are the drivers and challenges of the insecticide seed treatment market?
Q.5.What are the business risks and threats to the insecticide seed treatment market?
Q.6.What are the emerging trends in this insecticide seed treatment market and the reasons behind them?
Q.7.What are some changing demands of customers in the insecticide seed treatment market?
Q.8.What are the new developments in the insecticide seed treatment market? Which companies are leading these developments?
Q.9.Who are the major players in the insecticide seed treatment market? What strategic initiatives are being implemented by key players for business growth?
Q.10.What are some of the competitive products and processes in the insecticide seed treatment market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11.What M & A activities did take place in the last five years in the insecticide seed treatment market?