Seed Coating: Swelling Demand for Enhancing Seed Performance to Boost Market Growth

Steep Growth for Seed Coatings?

Seed coating is the process in which seeds are coated with a chemical that protects the seed from insecticides, fungicides, and other factors. The seed coating process provides sufficient defense from viruses, insects, and other pests contributing to the production of high and healthy seeds. It also helps in improving handling, the delivery of protectants, and growth regulation. Furthermore, it improves symbiotic microorganisms, soil adjuvants, and colors. Nowadays, the burden on Research and Development (R&D) regarding global food supply is increasing at its wildest level.

The government is taking serval initiatives and investing heavily along with major key players to grasp the opportunity. Thus, with increasing initiatives and investments in agriculture; the awareness among the farmers about the use of genetically modified seeds and hybrid seeds is increasing. Consequently, this is surging the adoption rate of using modern technology in agriculture. Thus, it is further anticipated to propel the seed coating market growth in the near future over the forecast period. However, the stringent regulations of the government concerning the seed coating act may play a role of the restraining factor for the seed coating market growth.

Where The Market Will Head By 2028?

Our report on the seed coating market has covered the study of the latest development and investment in the market. Additionally, the report covers the value chain analysis, regulatory analysis, market attractiveness analysis, and Porter’s five forces analysis, for the seed coating market.

Furthermore, our report includes market drivers, restraints, and opportunities along with COVID-19 impact analysis, historical & descriptive analysis, and forecasts & predictive analysis. The global seed coating market is expected to reach over USD 3,972 million in 2028 at CAGR of 8.50%.

Some of the key players in the seed coating market include Bayer AG (Germany), BASF (Germany), Croda International Plc (Switzerland), Clariant AG (Switzerland), Sensient Technologies (US), Brett Young Seeds Ltd (US), DSM-Amulix (Netherland), Precision Laboratories (US), Germain Seed Technology Inc. (UK), Milken Chemicals (US), and CR Minerals (US).

North America is projected to hold a substantial share of the seed coating market during the forecast period of 2022-2028. The growth of the market in the region is attributed to snowballing demand for cereals, grains, oilseeds, and pulses used largely in the food and feed industries. The Asia Pacific is anticipated to at a significant share during the forecast period owing to increasing the demand for various crops such as rice, wheat, cotton, grains, sugar beet, fruits and vegetables, and cereals.