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Double-digit growth for seed treatments

The global seed treatment market is forecast to record a compound annual growth rate (CAGR) of 13.5% between 2011 and 2016. A study issued by US third-party reports retailer ReportsnReports.com (Dallas, Texas) indicates that the market was worth $2,250 million in 2010 and is set to reach some $3,430 million by 2016. It is the fastest-growing segment of the crop protection market due to the rapid adoption of high-value genetically modified seed and increased government support for the practice, the report points out.

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