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The Seed Treatment Fungicides Market was valued at USD 1.13 Billion in 2016. It is projected to grow at a CAGR of 9.24% from 2017, to reach 1.88 Billion by 2022. Rise in need for food security for the growing population and increase in crop loss owing to soilborne & seedborne diseases, along with a change in farming practices, have been of importance for the growth of the global seed treatment fungicides market.<br>Read more: https://www.marketsandmarkets.com/Market-Reports/seed-treatment-fungicides-market-67471624.html<br>
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MarketsandMarkets™ Presents Seed Treatment Fungicides Market - Global Forecast 2022 https://www.marketsandmarkets.com/Market-Reports/seed-treatment-fungicides-market-67471624.html
The seed treatment fungicides market was valued at USD 1.13 Billion in 2016. It is projected to grow at a CAGR of 9.24% from 2017, to reach 1.88 Billion by 2022. The objectives of the study are to define, segment, and measure the size of the seed treatment fungicides market with respect to its type, crop type, application technique, form, and region. The report also aims to provide detailed information about the crucial factors influencing the growth of the market, strategical analysis of micro-markets, opportunities for stakeholders, details of competitive landscape, and profile of the key players with respect to their market share and competencies. Rise in need for food security for the growing population and increase in crop loss owing to soilborne & seedborne diseases, along with a change in farming practices, have been of importance for the growth of the global seed treatment fungicides market. Seed treatment fungicides are used for high-quality crop yield for the increasing population and its growing food demand. Hence, seed treatment fungicides will be viewed as a business opportunity in the next five years. As a result, many multinational players have entered into the production of various types of seed treatment fungicides, which can be used for crops. The years considered for the study are as follows: • Base year – 2016 • Estimated year – 2017 • Projected year – 2022 • Forecast period – 2017 to 2022 Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=67471624
Significant growth expected in the dithiocarbamate segment Seed treatment fungicides assists in shielding seeds from soilborne & seedborne fungi that cause rotting, damping off, seedling blight, or a combination of the same. When seeds germinate under favorable soil conditions, there is reduced risk of infestation of seeds and seedlings by soilborne pathogens. The ease in application mode has made these seed treatment fungicides more convenient to use for farmers. Dithiocarbamate is projected to be the one of fastest-growing type in the next five years because of its effective protection against seedling blights and control of various fungi that cause damping off in the seedling. The cereals & grains segment projected to be the fastest-growing market during the forecast period The cereals & grains segment dominated the seed treatment fungicides market in 2016; it is projected to grow at the highest CAGR of from 2017 to 2022. The demand for treated grain seed is increasing due to rise in demand from downstream markets in food & beverages. With a global increase in the consumption of biofuels and growth in demand for feed in the China, this segment is likely to witness a growth by 2022. Rise in need for food security for the growing population and increase in crop loss owing to soilborne & seedborne diseases, along with a change in farming practices, have been of importance for the growth of the global seed treatment fungicides market. Seed treatment fungicides are used for high-quality crop yield for the increasing population and its growing food demand. Hence, seed treatment fungicides will be viewed as a business opportunity in the next five years. As a result, many multinational players have entered into the production of various types of seed treatment fungicides, which can be used for crops. Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=67471624
Increase in need for food security, high investment in R&D, and change in farming practices keys to success in the South American region South America is one of the largest contributors to the global seed treatment fungicides due to the increase in use of seed treatment fungicides through advanced agricultural techniques and rise in need for food security in the South American countries. Brazil and Argentina constituted the largest country-level markets in the South American region in 2016. High market penetration by the leading seed treatment fungicides companies, for enhancing the agricultural growth and productivity, and the decrease in arable land are the main factors influencing the growth of the seed treatment fungicides market in South America. Multiple registrations of seed treatment products in different countries has been a matter of concern in the seed treatment fungicides market since the assessment and understanding of requirements of different markets and then complying with them involves a significant investment of time and money. The market for seed treatment fungicides consists of key players in the agricultural industry, such as BASF SE (Germany), Syngenta AG (Switzerland), Nufarm Limited (Australia), Bayer Crop Science AG (Germany), and Platform Specialty Products Company (U.S.). New product launches and expansion into different regions across the globe are the most preferred strategies adopted by key players to gain a larger share of the market. Request Sample: https://www.marketsandmarkets.com/requestsampleNew.asp?id=67471624
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