Dublin, Oct. 17, 2023 (GLOBE NEWSWIRE) -- The "Seed Treatment Fungicides Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.
The global seed treatment fungicides market is experiencing growth, driven by technological advancements and increasing demands in agricultural production. Market research reports have become essential tools for businesses seeking to thrive in this competitive landscape.
This comprehensive market research report delves deep into the seed treatment fungicides industry, providing a competitive edge by offering valuable insights into industry dynamics, technological advancements, and market trends.
Market Growth and Trends:
The global seed treatment fungicides market is expected to grow from $1.79 billion in 2022 to $1.93 billion in 2023, at a compound annual growth rate (CAGR) of 7.71%. The market is anticipated to reach $2.64 billion in 2027, with a CAGR of 8.11%.
Reasons to Purchase:
- Global Perspective: Gain insights into this market across 50+ geographies.
- Post-Pandemic Analysis: Understand how the market has responded to the COVID-19 pandemic.
- Russia-Ukraine Impact: Assess how the war's repercussions affect agriculture, energy, and mineral commodity supply, and subsequently the seed treatment fungicides market.
- Inflation Analysis: Measure the impact of high global inflation on market growth.
- Local Data for Strategy: Create regional and country-specific strategies with local data and analysis.
- Identify Growth Segments: Pinpoint growth segments for investment and stay ahead of competitors.
- Forecast Data: Outperform competitors with forecast data and insights into market drivers and trends.
- Market Share Insights: Understand customer preferences using the latest market share data.
- Competitor Benchmarking: Benchmark your performance against key competitors in the seed treatment fungicides market.
Scope of the Report:
The report segments the market based on seed treatment fungicide type (synthetic chemical, biological), form (liquid, powder), crop type (cereals and grains, oilseeds and pulses, others), and application (coating, dressing, pelleting). Geographically, the report covers regions such as Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Key Companies:
Prominent players in the seed treatment fungicides market include
- Glencore plc
- Cargill Inc
- BASF SE
- Dow Inc.
- Bayer AG
- Sumitomo Corporation
- Corteva Inc
- Monsanto Company
- DuPont de Nemours Inc.
- UPL Ltd
- FMC Corporation
- Nufarm Ltd
- Croda International Plc
- Novozymes A/S
- DLF Seeds Group
- Kureha Corporation
- Bioceres Crop Solutions Corp
- Indofil Industries Limited
- Rallis India Limited
- Rotam Global AgroSciences Limited
- Verdesian Life Sciences LLC
- Helena Agri-Enterprises LLC
- Certis Europe B.V.
- Loveland Products Inc.
- Germains Seed Technology Inc
- Syngenta AG
- Bioworks Inc.
- Vizag Chemicals Private Limited
- SWAL Corporation Ltd.
- Krishi Rasayan Group
Technological Advancements:
Technological advancements are a key trend in the seed treatment fungicide market. Major companies are developing innovative technologies to enhance their market positions. For instance, UPL Ltd. introduced the 3-Way Electron Mix, a smart seed treatment option designed to provide cost-effective seed protection and boost crop yields. It utilizes ELECTRON 3-WM technology to safeguard seeds from pests and diseases effectively.
Acquisitions and Expansion:
Companies in the seed treatment fungicides market are actively expanding their reach. ADAMA Ltd. acquired a 51% stake in Jiangsu Huifeng Bio Agriculture Co. Ltd., a manufacturer of seed treatment fungicides and agricultural solutions, to strengthen its position in the Chinese crop protection business. This move is part of ADAMA's strategy to enhance its commercial foothold in the Chinese market.
The increasing demand for agricultural production is a significant driver of the seed treatment fungicide market. Agricultural operations such as crop cultivation, plowing, and harvesting, contributing to products sold on the market, are on the rise. These operations are increasing the demand for seed treatment fungicides to combat seedling rot, seed rot, and seedling diseases caused by various fungi.
Conclusion:
The seed treatment fungicides market is rapidly evolving, offering growth opportunities driven by technological advancements and rising demands in agricultural production.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 175 |
| Forecast Period | 2023 - 2027 |
| Estimated Market Value (USD) in 2023 | $1.93 billion |
| Forecasted Market Value (USD) by 2027 | $2.64 billion |
| Compound Annual Growth Rate | 8.1% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/q8wy9l
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