Seed Treatment Market – United Kingdom Industry Growth, Trends and Forecasts (2017 - 2022)

Market Insights

Seed Treatments are an excellent example of how the seed industry and crop protection industry are innovating for the future of modern agriculture. The United Kingdom seed treatment market was worth around USD 100.2 million in 2016 and is expected to cross USD 161 million by 2022 growing at the CAGR of 8.3% during the forecast period 2017-2022.

Market Dynamics

The regulatory uncertainty of the product approvals and doubts regarding their efficacy and environmental concerns arising from the usage of chemical products has hampered the growth of these products across the world. The organic methods of farming and GM crops are seen as threat to the seed treatment market. Also with growing demand for biological treatment are seen as threat to chemical seed treatment.

Demand for hybrid seeds is also on the rise, more in Europe, since they lend themselves better to seed treatment methods. This creates greater opportunity for either including or offering seed treatment as an effective option for controlling pathogens and pests.

Europe is a matured markets for seed treatment, with a 19.6% share in 2016, resulting from gradually increasing per capita consumption. The United Kingdom market for seed treatment is projected to reach USD 163.3 million by 2022. With an estimated share of 11% in 2016, the UK constitutes the third largest market for seed treatment in Europe. During the forecast period fastest CAGR of 8.8% is anticipated to be recorded by demand for seed treatment in United Kingdom.

Market Segmentation

By application segment, chemical agents are the major segment in the United Kingdom market for seed treatment, accounting for an estimated 2016 share of 94%. However, growth in demand for non-chemical agents is likely to outpace chemical agents by posting a 2017-2022 compounded annual rate of 9.3% to emerge as the fastest segment.

Corn/maize is the leading type of crop for seed treatment applications in United Kingdom, estimated to account for 31.9% of the total demand in 2015. In terms of CAGR between 2017 and 2022, however, demand for seed treatment applications in soybean is expected to be the fastest among all crop types at 8.8%.

Key Industry Players

Some of the key companies in the market are BASF, DuPont, Monsanto, Syngenta, Bayer and Others. The most preferred strategies of the key players in recent years is to achieve competitive advantage and to expand the business units in various geographical areas by joint ventures, expansion and acquisition. The key payers are eventually focusing on agreements and partnerships to balance the supply and demand of the market. Introducing new effective products is another strategy to stay ahead of the competition.

In this report we offer,

• Market Definition for the specified topic along with identification of key drivers and restraints for the market.
• Market analysis for the United Kingdom Seed Treatment Market, with region specific assessments and competition analysis on a global and regional scale.
• Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.
• Extensively researched competitive landscape section with profiles of major companies along with their share of markets.
• Identification and analysis of the Macro and Micro factors that affect the United Kingdom Seed Treatment Market on both global and regional scale.
• A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

Why should you buy this report?

• For getting a comprehensive overview of the United Kingdom Seed Treatment Market
• To gain wide ranging information about the major players in this industry and the strategies adopted by them.
• To gain an insight about the major countries/regions in which this industry is blooming and also identify the regions which are untapped.