The global 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.
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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.
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Global Cotton Seed Treatment Market – Segmentation
By Type
- Insecticides
- Fungicides
- Others
By Function
- Seed Protection
- Seed Enhancement
By Application
- On-Farm
- Commercial
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
