Seed treatment can be defined as the application of chemical ingredients or biological organisms to the seed that enables in suppressing, controlling or repelling plant pathogens, insects, or other pests that attack seeds, seedlings or plants. The Australia Chemical seed treatment market was worth around $26 million in 2015 and is expected to cross $38.48 million by 2020 growing at the CAGR of 8.1% during the forecast period 2015-2020.
The growth in seed treatment industry is largely fuelled by increasing farm sizes and rising concerns over its quality and safety due to harmful effects of chemicals to environment. Thus, some major drivers of the seed treatment industry are rise in the seed costs, crop rotations getting shorter and greater use of multi-component products. The poor farmers in Australia are adopting organic techniques which have a lower environment impact which is driving the market.
Major restraints identified in this report are regulatory structure intervention regarding entry, concerns for the environment and regulation of seed treatment market. Major opportunities are fastest growth rate for biological agents and Australia has a fastest growth rate in seed treatment market.
Australia market holds 8% of the Asia-Pacific market revenue by 2020. The Asia-pacific market is expected to have a high CAGR of 10.6% due to increasing demand for high yield crop products in the region and rising organic crop production, especially in China, India, Malaysia, Japan and Singapore.
Within this application category, insecticides constitute the largest sub-category, with an estimated 2015 share of 54.6% of chemical seed treatment demand. However, fungicide seed treatments are slated to witness the fastest CAGR of 8.6% during 2015-2020 in reaching a projected demand of US$13.42 million by 2020.
Wheat is the leading type of crop for chemical seed treatment applications in Australia, estimated to account for 22.6% of the total demand in 2015. In terms of CAGR between 2015 and 2020, however, demand for seed treatment applications in corn is expected to be the second fastest crop among all crop types at 8.3% CAGR, Asia remains the hub of rice production, with many countries in the region growing more than one crop per season.
Some of the key companies in the market are Adama, Novozymes, Chemtura, Syngenta and Others. The key players are focusing to expand their business in Asia-Pacific regions. The leading players in this market adopted various strategies to strengthen the market opportunities and increase their market shares. Acquisitions, agreements & joint ventures are the major strategies adopted by major players.
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1.1 Research Methodology
1.2 Seed Treatment Defined
1.3 Seed Treatment: A Current and Future Perspective
1.4 Current Trends in Seed Treatment
1.5 What the Future of Seed Treatment Holds
2. KEY FINDINGS OF THE STUDY
3. MARKET OVERVIEW
4. MARKET DYNAMICS
4.1.1 Rise in the cost of seeds
4.1.2 Price and Weather Volatility
4.1.3 Increase in Farm Sizes and Crop Rotations Getting Shorter
4.1.4 Greater Use of Multi-Component Products
4.1.5 Increase in food consumption
4.1.6 Rise in demand for Organic farming
4.2.1 Concerns for the Environment
4.2.2 Imbalance Between Cost and Effectiveness
4.2.3 Limited Dose Capacity, protection and Shelf Life
4.3.1 Prospects for Seed Treatment Growth Fastest in Asia-Pacific
4.3.2 Biological Seed Treatment Agents Fostering Growth
4.4 Porter’s Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
4.5 Regulatory Environment
5. MARKET SEGMENTATION
5.1 By Application
126.96.36.199 Other chemicals
5.2 By Crop
6. Competitive Landscape
6.1 Market Share Analysis
6.1.1 Strategies Adopted by Leading Players
6.1.2 Perspective Based on Strategic Activities of Companies in the Recent Past
6.1.3 Leading players
7. Company Profiles
7.1 ADAMA AGRICULTURAL SOLUTIONS LTD (FORMERLY MAKHTESHIM AGAN INDUSTRIES LTD) (ISRAEL)
7.2 ADVANCED BIOLOGICAL MARKETING INC (UNITED STATES)
7.3 BASF SE (GERMANY)
7.4 BAYER CROPSCIENCE AG (GERMANY)
7.5 CHEMTURA AGROSOLUTIONS (UNITED STATES)
7.6 DUPONT (UNITED STATES)
7.7 INCOTEC GROUP BV (THE NETHERLANDS)
7.8 VERDESIAN LIFE SCIENCES
7.9 MONSANTO COMPANY (UNITED STATES)
7.10 NOVOZYMES A/S (DENMARK)
7.11 NUFARM LTD (AUSTRALIA)
7.12 SYNGENTA INTERNATIONAL AG (SWITZERLAND)