Global Seed Treatment Market Forecast to Achieve $9.2 Billion by 2027 Amid Rising Agricultural Demand [Yahoo! Finance]
BASF SE S/ADR (BASFY)
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Source: Yahoo! Finance
8.3%. This growth is driven by rising demand for food security, technological advancements, and government support. The Asia Pacific region is expected to lead the growth, with China holding the largest market share. The oilseeds segment is projected to grow at the highest rate, and seed dressing is expected to emerge as the leading application technique. Top seed treatment companies, such as Syngenta and BASF SE, are enhancing their market presence through strategic mergers and acquisitions. Delray Beach, FL, Nov. 22, 2024 (GLOBE NEWSWIRE) -- The global seed treatment market is expected to surge from $6.1 billion in 2022 to a projected $9.2 billion by 2027, at a robust compound annual growth rate (CAGR) of 8.3%, according to recent industry forecasts. This growth is fueled by the rising demand for food security worldwide, technological advancements, the growing adoption of precision farming techniques, and government support. Together, these factors have created an environment wher
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