The Biological Seed Treatment Market was valued at US$634.138 million in 2018 and is projected to expand at a CAGR of 12.94% over the forecast period to reach US$1316.302 million by 2024.Biological seed treatment is done to protect the seeds from pathogens. It leads to improved seeds which can cope not only with pests and diseases but also with unfavorable environmental conditions such as stress and nutrient-poor soil leading to increased productivity. The Biological Seed Treatment market is e Read more...
The vegetable seeds market was valued at US$6.114 billion in 2018 and is projected to expand at a CAGR of 6.22% over the forecast period to reach US$8.782 billion by 2024.The demand for Vegetable Seeding is increasing on account of rising demand for nutritional vegetables along with growing focus on agricultural activities. Further, rising health consciousness amongst the population is leading to increased consumption of vegetables owing to the nutritional benefits of vegetables which in turn Read more...
Grain protectants market is projected to grow at a CAGR of 4.09% to reach US$627.118 million by 2024, from US$493.110 million in 2018. Growing need to reduce grain losses during storage is the major driver of grain protectants market. Farmers are increasingly demanding grain protectants to reduce grain loss while getting better prices for their produce. However, stringent regulations regarding maximum residue levels (MRLs) is restraining the growth of grain protectants market. On the basis of Read more...
The rice seed market is projected to grow at a CAGR of 6.53% to reach US$13.053 billion by 2024, from US$8.931 billion in 2018. Rice seeds are produced from a species of grass known as Oryza sativa (Asian rice) or Oryza glaberrima (African rice) and is expected to foresee a growth at a steady rate due to the increase in the global rice production, growing awareness regarding the effect of commercial seed on the rice yield and the increasing technological advancements in rice breeding techniqu Read more...
The global chemical seed treatment market is valued at US$3.957 billion in 2018 and is projected to reach US$5.868 billion in 2023 exhibiting a CAGR of 8.20% during the forecast period. Growing population has resulted in a phenomenal increase in food demand across the globe. The advancement in crop science techniques is driven by the inadequate food supply. The sector is experiencing robust adoption of smart crop techniques at low cost owing to deteriorating climatic conditions and increasing se Read more...
Oilseed processing market is projected to witness a compound annual growth rate of 5.81% over the forecast period to grow to US$188.52 billion in 2023, from US$138.34 billion in 2017. The market is primarily driven by the rising demand for oilseed-based processed products. Rapid urbanization coupled with growing purchasing power and concerns about health and fitness among consumers drive the demand for oilseed processed products. Moreover, growing livestock industry owing to rising demand for qu Read more...
Global seed market is projected to witness a CAGR of 7.04% during the forecast period to reach a market size of US$108.05 billion by 2023, increasing from US$71.85 billion in 2017. Growing global population and scarcity of resources such as land and water is leading to growing global food insecurity which is the major driver of the global seed market. Rising investments in R&D and agricultural sector have led to continuous product innovations, which has further enhanced the market growth. Read more...
The Bt cotton market was valued at US$3.108 billion in 2018 and is anticipated to grow at a CAGR of 5.81% to reach a market size of US$4.362 billion by 2024.Bt cotton plants contain Bacillus thuringiensis that produces Cry proteins (crystal insecticidal proteins). These proteins are effective in killing caterpillar pests of cotton such as the larvae of tobacco budworms and bollworms. Growing need for reduction in worker and environmental exposure to chemical insecticides is one of the key dri Read more...
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