DUBLIN, Feb. 29, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/6v33mq/north_american) has announced the addition of the "North American Chemical Seed Treatment Market - Growth, Trends and Forecasts (2015-2020)" report to their offering.
Seed treatment is a process of treating seeds with chemicals and non-chemical methods before plantation. It is an ecofriendly way of using small amount of insecticide and fungicides. The North American seed treatment market was worth around $1.8 billion in 2015 and is expected to cross $2.7 billion by 2020 growing at the CAGR of 8.2% during the forecast period 2015-2020.
The demand for crops has stimulated due to rise in the consumption of crops. Rise in the cost of seeds is one of the factor alluring the market. Increase in farm sizes along with crop rotations getting shorter are expected to drive the demand for seed treatment market. Canada and United States have been the growth engines that are driving the North American market.
The left over materials after the treatment affect the environment and limited dose capacity along with limited shelf life are some of the constrains of the seed treatment market. Awareness on the impact of biological seed treatment created an opportunity for seed treatment market.
North America has been witnessing a sustained demand for seed treatment and is among the fastest growing global market after Asia Pacific over the coming half-a-decade. The North American market for seed treatment is projected to reach US$2.7 billion by 2020. With an estimated share of 89% in 2015, the United States constitutes the largest market for seed treatment in North America. During the forecast period fastest CAGR of 8.6% is anticipated to be recorded by demand for seed treatment in Mexico.
Key Topics Covered:
2. Key Findings of the Study
3. Market Overview
4. Market Dynamics
5. Market Segmentation
6. Competitive Landscape
7. Company Profiles
- ADAMA AGRICULTURAL SOLUTIONS LTD
- ADVANCED BIOLOGICAL MARKETING INC
- BASF SE
- BAYER CROPSCIENCE AG
- BIOWORKS INC
- BRETTYOUNG LIMITED
- CHEMTURA AGROSOLUTIONS
- INCOTEC GROUP BV
- VERDESIAN LIFE SCIENCES
- MONSANTO COMPANY
- NOVOZYMES A/S
- NUFARM LTD GDOM)
- PRECISION LABORATORIES LLC
- PLANT HEALTH CARE
- SYNGENTA INTERNATIONAL AG
- VALENT USA CORPORATION
- WOLF TRAX INC
For more information visit http://www.researchandmarkets.com/research/6v33mq/north_american
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SOURCE Research and Markets