Cotton Seed Treatment Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)
Cotton seed treatment market is projected to grow significantly during the forecast period. Increased concerns regarding crop protection, efficiency, and yield, and rising expenses on crop protection contributes to the global cotton seed treatment industry growth. Crop protection is one of the highest expenses in farming, which can be condensed through seed treatment as the volumes required are less. Additionally, genetically modified seeds with target protection against specific pests are more expensive than seed treatment, due to which seed treatment is preferred, and thereby, it encourages the global cotton seed treatment market growth during the forecast period.
The global cotton seed treatment
market is geographically segmented into North America, Europe, Asia-Pacific,
and the Rest of the World. Asia-Pacific region is projected to be the
considerable shareholding region. The regional growth of the market is attributed
to the majority of countries such as China and India cultivating cotton in the
region.
The growth of the region is
further attributed to the continuous R&D activities being implemented in
the emerging economies of Asia-Pacific. The region has well-known agriculture
research facilities for the development of effective and productive crops. In
addition, the cotton seeds and cotton seed cakes are used as animal feed, due
to which, there is an increased dependency of consumers on non-vegetarian foods
such as red meat, poultry meat, and seafood, which is further contributing to
the market growth in the region during the forecast period.
India is one of the leading
cotton exporting countries in the region. During 2018-19, total textile and
clothing exports stood at $36.62 billion. Cotton yarn and fabric exports
account for about 23% of the overall apparel and textile exports. In 2018-19,
India’s cotton production was 28.70 million bales of 170 Kg each. Thus, such an
increased trade business of cotton has led the country to be the top producers
and exporter of raw cotton. It encourages the adoption of advanced techniques
to yield a higher quality of cotton and thereby contributing to the growth of
the market during the forecast period.
The market is also driven by the
footprints of key regional players active in the market. The players active in
the commercial segment of the market in the region are gradually concentrating
on providing seed companies with product combinations, which provide a wide
spectrum regulate all the pathogens and pests that infest cotton crops. BASF
SE, Bayer Crop Science AG, Syngenta AG, Adama Agricultural Solutions, UPL Ltd.,
Advanced Biological Marketing Inc., Corteva Inc., are some of the key global
players operating in the market.
To
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Cotton Seed Treatment Market – Segmentation
By Type
·
Insecticides
·
Fungicides
·
Others
By Function
·
Seed Protection
·
Seed Enhancement
By Application
·
On-Farm
·
Commercial
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Treatment Market is Available at: https://www.omrglobal.com/industry-reports/cotton-seed-treatment-market
Cotton
Seed Treatment Market – Segmentation by Region
North
America
·
United States
·
Canada
Europe
·
Germany
·
United Kingdom
·
France
·
Spain
·
Italy
·
Rest of Europe
Asia-Pacific
·
China
·
Japan
·
India
·
Rest of Asia-Pacific
Rest of
the World
Company Profiles
·
Adama Ltd.
·
Advanced Biological Marketing Inc.
·
Americot, Inc.
·
BASF SE
·
Bayer Crop Science AG(Bayer AG)
·
Bioworks Inc.
·
Corteva Inc.
·
Croda International Plc
·
Nufarm Ltd.
·
Nutrien Ag Solutions, Inc.
·
Syngenta AG
·
UPL Ltd.
·
Valent USA LLC
·
Verdesian Life Sciences
·
Wolf Trax Inc.
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