11-Sep-2024 | Zion Market Research
Zion Market Research has published a new report titled “Global Seed Coating Market – By Additive (Polymers, Colorants, Pellets, Minerals/Pumice, Active Ingredients, and Others), By Crop Type (Cereals & Grains, Flowers & Ornamentals, Vegetables, Oilseeds & Pulses, and Others), By Process (Film Coating, Encrusting, and Pelleting), By Active Ingredient (Protectants, Phytoactive Promoters, and Others), and By Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 – 2032.” According to the report, global demand for the Seed Coating market size was valued USD 2.32 Billion in 2023 and is expected to rise to USD 4.76 Billion by 2032 and is projected to escalate at a CAGR of around 8.32% between 2024 and 2032.
Browse the full “Global Seed Coating Market – By Additive (Polymers, Colorants, Pellets, Minerals/Pumice, Active Ingredients, and Others), By Crop Type (Cereals & Grains, Flowers & Ornamentals, Vegetables, Oilseeds & Pulses, and Others), By Process (Film Coating, Encrusting, and Pelleting), By Active Ingredient (Protectants, Phytoactive Promoters, and Others), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 – 2032.” Report at https://www.zionmarketresearch.com/report/seed-coating-market
Polymer category is projected to be the fastest-growing segment in the Seed Coating market
Increasing the use of polymers owing to their functional qualities such as improving the nutritive value and appearance of seeds are likely to help supplement the growth of the polymer category of the global Seed Coating market during the forecast period.
Cereals & grains category is projected to dominate the Seed Coating market
Cereals & grains are highly produced across various regions, thereby increasing the demand for seed coating market. The cereals & grains grow at a faster rate, which is the reason behind the dominance of this category in the global Seed Coating market. In addition, the increasing use of production & farming of cereals & grains, oilseeds & pulses, and fruits & vegetables will further bolster the Seed Coating market.
Protectants category is projected to dominate the Seed Coating market
Protectants category is projected to account for the majority of the market growth during the forecast period. The reason behind the dominance of protectants is the rising occurrence of soilborne pests or diseases and this is likely to fuel the growth of the Seed Coating market.
North American and European regions are projected to fuel the Seed Coatings market growth
North American and European regions are showing an increasing demand for oilseeds, cereals, grains, and pulses for further use in the feed and food industries. In the U.S., the favorable trade and price support systems are anticipated to increase the import and export of cereals and oilseeds, thus increasing the demand for seed coatings. The complexities in the production of seed coating have increased the number of investments in the Seed Coating industries in the North America market. Additionally, the rising demand for health-enriching food products and advancements in the food processing industries will surge the global Seed Coating market growth.
The escalating demand for biodegradable seed coating produces due to the European Union (EU) laid mandates on chemical-based seed coatings is projected to drive the Europe Seed Coating market during the forecast period. Thus, Europe is expected to witness the fastest-growth during the forecast timeframe.
Key Market Players
Some of the key players in the global Seed Coating market include Germain Seed Technology, Inc., Bayer, BASF SE, Clariant AG, Croda International PLC, BrettYoung Seeds Limited, Sensient Technologies, Precision Laboratories LLC, and Centor Oceania.
The report on global Seed Coating market is segmented into:
Global Seed Coating Market: By Additive Segmentation Analysis
Global Seed Coating Market: By Crop Type Segmentation Analysis
Global Seed Coating Market: By Process Segmentation Analysis
Global Seed Coating Market: By Active Ingredients Segmentation Analysis
Global Seed Coating Market: By Regional Segmentation Analysis
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