Numerous commercial seed treatment providers and seed enhancement suppliers are progressively focusing on Asia-Pacific and other markets. These sectors are viewed as having adequate development potential as more innovations turn out to be progressively cost-effective. In most of the Asian countries, rice is the staple crop and it is a subsidized crop in India, China, and Vietnam. For the most part, these seed treatment products are distributed through retailers and merchants, however, in the near future, distribution through major companies is going to be a trend in the future in Asia-Pacific.
Barriers to the Introduction of New Technologies
The reason behind seed innovation setting aside lower opportunity to create in developing markets is a result of the lower level of business and seed utilization in these markets, than those in the developed nations. New innovations include higher stock-keeping units, extra application or processing equipment, ability in application, and another way to deal with management of seed quality. This risk is frequently difficult to measure as it will rely upon the current trends. For higher value seeds, the enrollment of new fungicides, and especially insecticides for the agricultural area, has been an issue for seed organizations, who are also worried about the conceivable consequences of seed quality.
India Dominates the Market
Rice is the staple crop for most of the people in India. The growth in the seed treatment industry is increasing by decreasing farm lands and increasing crop rotation techniques. Mostly used seed treatment methods are seed dressing, seed coating, and seed pelleting. A few of the major active ingredients of chemical-based seed treatment are Carbendazim, Imidacloprid, Thiram, Tebuconazole, Carboxin, etc. Among these active ingredients, Carbendazim is consumed majorly in India.
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Major Players: Adama Agricultural Solutions Ltd, Advanced Biological Marketing Inc., BASF SE, and DowDuPont, among others.
Reasons to Purchase the Report
- To have an understanding of the fastest-growing regions in the Asia-Pacific rice seed treatment market and their growth trends during the forecast period
- The report outlines drivers, restraints, and trends that are currently affecting the market
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis
- The report covers in-detail insights about the competitors overview, company share analysis
- Identify the latest developments, market shares, and strategies employed by the major market players
- 3-month analyst support, along with the Market Estimate sheet (in Excel)
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