The North American wheat seed treatment market is estimated to register a CAGR of 7.3% during the forecast period. The United States represents the largest Wheat seed treatment market in North America, with an estimated share of 88.8% in 2019. Increasing awareness among the farmers, government encouragement to follow the seed treatment, increasing pest diversity, etc. are some of the factors driving the market. Smut diseases like false smut, loose smut, flag smut are the most common diseases of wheat in North America, seed treatment is used to fight these pests in North America.
Key Market Trends
Increase in Awareness Among The Farmers Drivers The Market
The wheat seed treatment market has been increasing continuously in North America. Seed treatment is being increasingly considered by farmers as a mode to protect investments made on good quality seeds, due to an increase in regulatory issues relating to fumigation, as well as the foliar application of pesticides. In addition to wide popularity, an increase in disease outbreaks is also an additional market driver. The seed born diseases, such as Smut, are extremely present in North America and seed treatment is proved to be effective in the prevention of such diseases.
United States Dominates The Market
The demand for higher yield due to the rapid increase in the consumption of crops has increased the demand for the seed treatment market in the United States. The United States, being one of the largest producers of wheat, is the largest of seed treatment chemicals market in North America followed by Canada and Mexico. Regulation on foliar application of the crop protection chemicals is one of the prime market drivers in this region along with increasing awareness for high germination and disease-resistant seeds.
Competitive Landscape
The North American wheat seed treatment market is consolidated with few players holding major share in the market. Advanced Biological Marketing Inc., BASF SE, Bayer Crop-science AG, BioWorks Inc., BrettYoung Limited, Chemtura AgroSolutions are some of the key players in the market. A few have focused on horizontal growth by expanding their presence in emerging markets that offer the greatest scope for future prospects, while yet others have been content to operate within their established boundaries and go in for vertical growth by concentrating on innovations in the area of products and solutions.
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Key Market Trends
Increase in Awareness Among The Farmers Drivers The Market
The wheat seed treatment market has been increasing continuously in North America. Seed treatment is being increasingly considered by farmers as a mode to protect investments made on good quality seeds, due to an increase in regulatory issues relating to fumigation, as well as the foliar application of pesticides. In addition to wide popularity, an increase in disease outbreaks is also an additional market driver. The seed born diseases, such as Smut, are extremely present in North America and seed treatment is proved to be effective in the prevention of such diseases.
United States Dominates The Market
The demand for higher yield due to the rapid increase in the consumption of crops has increased the demand for the seed treatment market in the United States. The United States, being one of the largest producers of wheat, is the largest of seed treatment chemicals market in North America followed by Canada and Mexico. Regulation on foliar application of the crop protection chemicals is one of the prime market drivers in this region along with increasing awareness for high germination and disease-resistant seeds.
Competitive Landscape
The North American wheat seed treatment market is consolidated with few players holding major share in the market. Advanced Biological Marketing Inc., BASF SE, Bayer Crop-science AG, BioWorks Inc., BrettYoung Limited, Chemtura AgroSolutions are some of the key players in the market. A few have focused on horizontal growth by expanding their presence in emerging markets that offer the greatest scope for future prospects, while yet others have been content to operate within their established boundaries and go in for vertical growth by concentrating on innovations in the area of products and solutions.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
Table of Contents
1 INTRODUCTION
4 MARKET DYNAMICS
5 MARKET SEGMENTATION
6 COMPETITIVE LANDSCAPE
Companies Mentioned
A selection of companies mentioned in this report includes:
- ADAMA AGRICULTURAL SOLUTIONS LTD
- ADVANCED BIOLOGICAL MARKETING INC
- BASF SE
- BAYER CROPSCIENCE AG
- BIOWORKS INC
- CHEMTURA AGROSOLUTIONS
- DUPONT
- INCOTEC GROUP BV
- VERDESIAN LIFE SCIENCES
- NOVOZYMES
- NUFARM LTD
- SYNGENTA
- VALENT USA CORPORATION
Methodology
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