global-cornmaize-seed-treatment-market-industry
Published

APR 2018

Global Corn/Maize Seed Treatment Market - Segmented by Application and Geography - Growth, Trends, and Forecast (2018 - 2023)

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The global market for seed treatment in corn/maize was estimated at USD 1.21 billion in 2017 and is further forecast to maintain a CAGR of 10.7% between 2018 and 2023. North America and South America accounted for a collective share of more than 50% in 2015 and are the largest markets for seed treatment in corn/maize applications. In terms of growth in demand, however, Asia-Pacific is expected to witness the fastest CAGR of 10.8% during the forecast period, 2018-2023.

Increasing Incidence of Pests Driving the Market

Corn seed treatment holds the largest share, by crop, for the use of seed treatment chemicals, with a market share of 46.2% in 2016. The high-value of genetically modified corn seed is a major driving factor for the corn seed treatment market growth. Increasing attack of fungal diseases, insects, and nematodes on seedlings is the major reason for the use of seed treatment chemicals on corn.

North America to Dominate Corn/Maize Seed Treatment Market

The North American corn/maize seed treatment market is the largest market, globally, and is further forecast to increase at a CAGR of 8.3% during 2018-2023. As of 2015, the United States represents the largest corn/maize seed treatment market in North America, though Mexican demand is primed to register the fastest CAGR of 8.7%.

                                                 

Major Players: Advanced Biological Marketing Inc., Bayer Crop Science AG (Germany), Brettyoung Limited (Canada), DuPont (United States), Germains Seed Technology (United Kingdom), and Incotec Group BV (The Netherlands), among others.

Reasons to Purchase the Report

  • Identify the dominating and the fastest-growing regions in the global corn/maize seed treatment market and their growth trends during the forecast period
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis
  • To understand the regions that are expected to witness fastest growth during the forecast period
  • 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)

Customization of the Report

  • This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Purchase Report
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