Being the world’s largest as well as most populous continent, the Asia-Pacific region is one of the key markets for the seed coating industry. Some of the main reasons for this extraordinary growth are continuous increase in the population and the support from governments as well as national and international associations to increase the agricultural production of oil, grains, fruits, and vegetables to meet the need for food products in the region. China, India, Japan, and Australia are the key seed markets in this region and are expected to grow rapidly in the near future.The breakdown of primaries on the basis of company, designation, and region, conducted during the research study is given below.
By Company Type: Tier 1 – 20%, Tier 2 – 45%, and Tier 3 – 35%
Key players are as follows:
These companies collectively accounted for the largest portion of the seeds market in 2016.
Other players with a strong presence in this market are as follows: