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

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

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      Brazil 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 Brazilian market for seed treatment is slated to be the fastest growing in overall South America, with the prospect of posting a compounded annual rate of 7.1% between 2014 and 2020. By application, though chemical agents dominate the market, with an estimated share of 94.1% in 2014, demand for biological agents is likely to record the fastest 2014-2020 CAGR of 7.6%. Demand for seed treatment is the largest for corn/maize in Brazil, estimated to corner a 2014 share of 34.6%, though fastest growth in demand is anticipated to be recorded by soybeans, with a forecast compounded annual rate of 7.8% during 2014-2020.

      Brazil’s planted area for wheat in 2014-15 is expected to decrease by 9% from the previous year to 2 million hectares (mHa), with production forecast to be 5 million metric tons (MMT), a decline of 6% from the previous year due to lower prices. Consumption of wheat in Brazil is anticipated to post a marginal increase in 2014-15, with growing middle classes including more processed products in its diet. Brazil’s corn production for 2014-15 is expected to decline by 3% to reach 71 MMT based on decreased area and a second (“safrinha”) crop. In 2014-15, corn consumption in Brazil is forecast to register an increase due to projected expansion in the corn feed industry, which is taking advantage of current low global prices. For the year 2014-15, it is estimated that the area under rice production in Brazil would decrease by 1% over the previous year, based on the assumption that a few farmers will rotate rice out of their crop rotation cycle. Consumption of rice in Brazil in 2014-15 is expected to remain at 7.85 MMT. While rice continues to be a staple food in Brazil, changes in diets of the emerging middle class are being offset by population growth.

      Soybean production for 2014-15 is forecast to increase by 8%, reaching a record 97 million metric tons (MMT), primarily because of steady increases in planted area and yields. Brazil and the United States would continue to compete with each other to attain number one ranking for soybean production globally. With 2014-15 exports forecast at 50 MMT, Brazil is poised to continue as the world’s largest soybean exporter due to augmentation in available supplies and strengthened export capacity. 

      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:
      Adama Agricultural Solutions Ltd
      Advanced Biological Marketing Inc
      BASF SE
      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
      Wolf Trax Inc
       

       

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