Seed Processing Market Growth, Global Survey, Analysis, Share, Company Profiles and Forecast by 2028
According to the most recent analysis by Emergen Research, the worldwide seed processing market had a value of USD 10.10 billion in 2020 and is projected to grow at a constant CAGR throughout the forecast period. The increased usage of seed processing techniques to suit the expanding demand for high-quality seeds in the agricultural sector is responsible for this consistent market revenue rise. Using seed processing is necessary to dry seeds to a safe moisture level when seeds have a high moisture content. Global need for seed processing and conditioning has increased due to the increasing requirement to remove undesired materials, unwanted seeds of other crops, and deteriorated or broken seeds.
Cereals and grains are anticipated to hold the greatest market share in 2019 based on crop type. In many nations, cereals and grains are the main food items. It consists of oats, barley, corn, sorghum, wheat, rice, and corn. In many developing nations, people eat rice as their main source of these cereals and grains. Asia, Africa, Latin America, and the Caribbean are where it is primarily consumed. Despite being the world’s greatest corn grower, the US consumes more corn than any other country. As a result, one of the key factors anticipated to fuel the expansion of the cereals & grains industry is growing awareness of the advantages of seed processing, such as improved seed germination and protection from diseases.
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The market for processing seeds globally is divided into segments based on type, machinery, crop type, firm, and geography. The market can be divided into seed coating material and seed treatment based on kind. Through 2025, the seed treatment market sector is anticipated to rule. Additional subcategories of seed treatment include chemical, non-chemical, physical, biological, microbial, and botanical. Since it uses chemicals to protect the seed from numerous diseases, the chemical seed treatment is predicted to dominate the market. During the anticipated period, the market is anticipated to have considerable expansion in the seed coating material sector. Additional subcategories of the seed coating material include polymers, colourants, pellets, minerals/pumice, and others.
Some Key Highlights In The Report
Prospera Technologies Inc., a pioneer in the disciplines of artificial intelligence and data analytics with a focus on machine learning, and Bayer partnered in July 2020. Prospera Technologies will assist Bayer in creating comprehensive digital solutions for greenhouse vegetable growers.
In 2020, the segment for grains and cereals held the biggest market share. By applying seed processing techniques, high-quality seeds with the greatest germination potential can be produced. This element is driving the production of cereals and grains using seed processing techniques.
Key market players include Bayer Cropscience, Lanxess, BASF, Syngenta, Corteva Agriscience, Nufarm, Incotec, Clariant, CIMBRIA, and Sensient Technologies
Emergen Research has segmented the global seed processing market on the basis of crop type, processing type, equipment, and region as follows:
Crop Type Outlook (Revenue, USD Billion; 2018–2028)
- Oilseeds & Pulses
- Flowers & Ornamentals
- Cereals & Grains
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Type Outlook (Revenue, USD Billion; 2018–2028)
- Seed Coating Material
- Seed Treatment
Equipment Outlook (Revenue, USD Billion; 2018–2028)
- Gravity Separators
- Seed Treatment
Regional Outlook (Revenue, USD Billion; 2018–2028)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
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