DUBLIN, June 03, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/vb5fww/south_american) has announced the addition of the "South American Non-Chemical Seed Treatment Market - Growth, Trends and Forecasts (2014-2020)" report to their offering.
The South America Non-Chemical Seed Treatment market was worth around $53.9 million in 2015 and is expected to cross $88.48 million by 2020 growing at the CAGR of 10.4% during the forecast period 2015-2020
Seeding rates have been witnessing considerable diminishing, which, in turn, has provided impetus to the practice of seed treatment for preventing plant loss. Focusing greater attention on procedures that reduce risk, such as adapting to weather conditions after sowing, which makes seedlings highly vulnerable to soil-borne diseases and insects. Some major drivers of the seed treatment are crop rotations getting shorter and greater use of multi-component products. All these are driving the market for seed treatment.
Major restraints identified in this report are concerns for the environment and regulation of seed treatment market.
The South American market for Non-chemical seed treatment is projected to reach US$88.48 million by 2020. With an estimated share of 43% in 2015, the Brazil constitutes the largest and fastest market for seed treatment in South America with CAGR of 10.2%.
Within this application category, Physical methods constitute the largest sub-category of Non-chemical seed treatment demand. However, Biological seed treatments are slated to witness the fastest CAGR during 2015-2020 in reaching a projected demand by 2020.
Corn/maize is the leading type of crop for Non-chemical seed treatment applications in South America, estimated to account for 34% of the total demand in 2015. In terms of CAGR between 2015 and 2020, however, demand for seed treatment applications in soybean is expected to be the fastest among all crop types at 10.6%.
Some of the major players in the market include BASF, Bayer, Syngenta, Verdesian and others. 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.
Key Topics Covered:
2. Key Findings Of The Study
3. Market Overview
4. Market Dynamics
5. Market Segmentation
6. Competitive Landscape
7. Company Profiles
- Adama Agricultural Solutions Ltd (Formerly Makhteshim Agan Industries Ltd) (Israel)
- Advanced Biological Marketing Inc (United States)
- Basf Se (Germany)
- Bayer Cropscience Ag (Germany)
- Chemtura Agrosolutions (United States)
- Dupont (United States)
- Incotec Group Bv (The Netherlands)
- Verdesian Life Sciences
- Monsanto Company (United States)
- Novozymes A/S (Denmark)
- Nufarm Ltd (Australia)
- Syngenta International Ag (Switzerland)
For more information visit http://www.researchandmarkets.com/research/vb5fww/south_american
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SOURCE Research and Markets