Market Share of Germany Seed Treatment Industry
The seed treatment market is highly consolidated, with major players such as Adama, BASF SE, Syngenta International AG, Corteva Agriscience, and Bayer Crop Science, occupying major market share. Companies are focusing majorly on new product launches, mergers & acquisitions, expansions, and partnerships which help in increasing their market shares. With the growth in R&D associated with seed treatments, manufacturers of seed treatment products have come up with innovative combinations of these products, which could be extremely beneficial for crop yields. For instance, in the year 2018, Bayer Crop science launched Poncho/VOTIVO, a product used for biological seed treatment for corn and soybean, which is a combination of a systemic chemical insecticide and biopesticide that provides protection against nematodes. These innovative product launches are anticipated to develop strong market inroads in this industry during the forecast period.
Germany Seed Treatment Market Leaders
ADAMA Germany
BASF SE
Bayer AG
Corteva Agrscience
Syngenta Crop Protection AG
*Disclaimer: Major Players sorted in no particular order
