English 
搜索
Hebei Lansheng Biotech Co., Ltd. ShangHai Yuelian Biotech Co., Ltd.

Global seed treatment market by geography (2011–2018)qrcode

May. 9, 2013

Favorites Print
Forward
May. 9, 2013
According to the report Seed Treatment Market, the global seed treatment market revenue was $2,287.4 million in 2012 and is expected to reach $4,190.4 million by 2018, growing at a CAGR of 10.6%. Growth in revenue is expected to be higher than volume, primarily because of increasing cost of agrochemicals. Development and registration of a pesticide active ingredient is one of the biggest components of cost for seed treatment manufacturers. Currently, the cost of innovation and registration of an active ingredient is about $200 million, which is a 25% increase from 2000.

The Europe seed treatment market report shows that the revenue was estimated to be worth $363.7 million in 2012 and is expected to reach $633.2 million by 2018, growing at a CAGR of 9.7%.

France and Germany were the leading consumers of seed treatments, together accounting for over 82.3% of the market in 2012.

The North America seed treatment market report presents that the revenue was estimated to be worth $1,253.5 million in 2012 and is expected to reach $2,240.9 million by 2018, growing at a CAGR of 10.2%.

U.S. is the leading consumers of seed treatments, accounting for over 90.9% of the market in 2012.

The Asia-Pacific seed treatment market report posts that the revenue was estimated to be worth $161.4 million in 2012 and is expected to reach $306.8 million by 2018, growing at a CAGR of 11.3%.

China and India were the leading consumers of seed treatments, together accounting for over 76.0% of the market in 2012.

Asia-Pacific, which has witnessed a steady demand for these seed treatments in recent years, is now one of the growing markets for the seed treatment industry. Increasing modernization of agriculture in India and China is expected to drive the Asia-Pacific market in the near future.

A constant regulatory push towards restricting the use of agrochemicals and increasing consumer awareness regarding the consequences of agrochemical residues in food, has resulted in a significant increase in demand for seed treatments in other regions as well.

0/1200

More from AgroNewsChange

Hot Topic More

Subscribe Comment

Subscribe 

Subscribe Email: *
Name:
Mobile Number:  

Comment  

0/1200

 

NEWSLETTER

Subscribe AgroNews Daily Alert to send news related to your mailbox