Argentina Seed Treatment Market – Growth, Trends and Forecasts(2014-2020)

    Aug 29 2014   Pages: 0   Language: English   Price: $1250

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      Argentina Seed Treatment Market – Growth, Trends and Forecasts by Application Area [Chemical Agents (Insecticides, Fungicides and Other Chemicals) and Biological Agents] and Crop Type (Corn/Maize, Soybeans, Wheat, Rice, Canola, Cotton and Other Crops) (2014-2020)

      The Argentine market for seed treatment is projected to reach US$289.5 million by 2020. Though chemical agents dominate the market in Argentina, with a share estimated at 93.9% in 2014, fastest growth in demand is expected from biological agents with a compounded annual rate of 7.3% during 2014-2020. Seed treatment in Argentina is most extensively utilized for corn/maize that accounts for an estimated 33.8% of the total market in 2014. However, demand for seed treatment in soybeans is forecast to post the fastest 2014-2020 CAGR of 7.4%.

      In Argentina, soybean area for the marketing year (MY) 2014-15 is forecast at 20.6 million hectares (ha), constituting an increase of 1.5% from the current year. Area for sunflower seed production for MY2014/15 is forecast at 1.55 million hectares, a marginal increase from the current year. Area under peanuts for MY 2014-15 is expected to remain stable at 340 thousand hectares.

      The market for seed treatment gains in significance due to a number of factors, prominent among which are agronomic trends that comprise development of high quality seeds through the enhanced potential offered by genetically modified organisms (GMOs), changes in climatic conditions, increasing rates of crop rotation, flexibility in sowing approaches and greater pressure from regulatory requirements. Primary requirements of seed treatment include capability of offering good protection during the germination period, supporting early plant development and enhancing stress tolerance at an early stage. These can be achieved by improving the quality of seed treatment products that offer ease of application at low rates. In short, it may be summed up that the foundation for the future lies in the concept of innovation in seed treatment.

      Syngenta, Bayer CropScience and BASF are the top three players in the global seed treatment market, with all of them having an extensive portfolio of agricultural products and solutions. While BioWorks Inc, Advanced Biological Marketing Inc and Valent USA Corp are comparatively smaller players, they offer the potential of becoming big game changers in the area of seed treatment in future. Each company has adopted an individual approach in terms of strategy for future growth. A few have focused on horizontal growth by expanding their presence in emerging markets that offer 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.

      This report provides a comprehensive analysis of the Argentine market for seed treatment based on application segments that include chemical agents (insecticides, fungicides and other chemicals) and biological agents. The other area analyzed includes crop type undergoing seed treatment, including corn/maize, soybeans, wheat, rice, canola, cotton and other crops. Companies covered in the report include Adama Agricultural Solutions Ltd (Formerly Makhteshim Agan Industries Ltd), Advanced Biological Marketing Inc, BASF SE, Becker Underwood, Bayer CropScience AG, BioWorks Inc, BrettYoung Limited, Chemtura AgroSolutions, DuPont, Germains Seed Technology, INCOTEC Group BV, INTX Microbials LLC, Monsanto Company, Novozymes A/S, Nufarm Ltd, Plant Health Care, Precision Laboratories LLC, Syngenta International AG, Valent USA Corporation and Wolf Trax Inc.


      Companies mentioned:
      BioWorks Inc
       BrettYoung Limited
      Chemtura AgroSolutions
      DuPont
      Germains Seed Technology
      INCOTEC Group BV
       INTX Microbials LLC
      Monsanto Company
      Novozymes A/S
       Nufarm Ltd
      Plant Health Care 
      Precision Laboratories LLC
      Syngenta International AG
      Valent USA Corporation
      Wolf Trax Inc
       

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