Market Size of Mexico Seed Treatment Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 5.10 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Mexico Seed Treatment Market Analysis
- The Mexican seed treatment market is projected to register a CAGR of 5.1% during the forecast period, 2020-2025. Only limited treated seeds can be produced, as the shelf-life of chemically treated seeds is limited.
- Seeds, like soybean and wheat, have severe limitations of using seed treatment through chemical, as the seed germination and vigor decline are relatively quicker in these seeds. Hence, using seed treatment through chemical is a severe limitation on a large number of seeds.