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.
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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 [$M shipment analysis for 2013 – 2024]
Chemical
Neonicotinoids
Pyrazoles
Pyrethroids
Others (organophosphates and carbamates)
Biological
By Form [$M shipment analysis for 2013 – 2024]:
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
Europe
Germany
France
U.K.
Italy
Spain
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Indonesia
Rest of Asia Pacific
ROW
Saudi Arabia
South America
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 https://www.lucintel.com/insecticide-seed-treatment-market.aspx or helpdesk@lucintel.com.
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.