Product ID: SQMIG15C2028
Global Seed Treatment Market Size, Share, Growth Analysis, By Type(Insecticides, Fungicides), By Crop(Corn, Soybean), By Function(Seed Protection and Seed Enhancement) - Industry Forecast 2024-2031
Report ID:
SQMIG15C2028 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
89 |
Figures:
76
Global Seed Treatment Market Regional Insights
The industry was dominated by Asia Pacific in 2022, and generated more than 32.0% of the overall revenue. The region is anticipated to continue growing at a steady Rate and maintain its dominance during the forecast period. The region's prosperity is linked to increased agricultural activity and high crop demand from major nations like the United States and European nations.
The major driver of market expansion in Europe is the product's use in plantations, which is facilitated by ongoing agricultural and fruit and vegetable plantation development initiatives in countries like Germany, France, the United Kingdom, and Italy. In a study by the European Commission, the agriculture sector would generate EUR 178.4 billion in sales in 2021.
Asia Pacific, on the other hand, is anticipated to grow at the fastest rate during the anticipated years. The area had the second-largest revenue share across the board in 2022. Over the next few years, it's projected that organic farming techniques will significantly increase in the Asia-Pacific region. This is a result of the growing demand for agricultural products made of biomaterials, which is expected to promote the expansion of markets during the projection period.
Global Seed Treatment Market Report Snapshots
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