Seed Coating Market Research Report
Global Seed Coating Market
The GMI Research forecasts that the Seed Coating Market is witnessing an upsurge in demand over the forecast period. This is mainly due to the increasing emphasis to prevent crops from pests and diseases accompanied by the growing consciousness in consumers about benefits such as the better establishment of the crop and the increasing support from various government and environmental agencies for agricultural development.
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Introduction of the Seed Coating Market
Seed coating is the method of improving the quality, potential of the plant, and ease of handling seeds. It involves the use of materials such as fertilizers, repulsive agents, crop protection chemicals to directly mask seeds and improve the growth of plants and prevent them from predators or pests. It ensures the rapid multiplication and timely supply of crops at an economical price.
Key Players of the Global Seed Coating Market:
• Germains Seed Technology
• Milliken & Company
• Sensient Colors LLC
• Precision Laboratories, LLC
• Croda International Plc
• BASF SE
Seed Coating Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
One of the most crucial drivers stimulating the growth of the global seed coating market includes the aggravating demand for better-quality seeds. Also, the intensified focus on the protection of crops against pests and diseases, along with the enlarged production and timely supply of crops at less cost, will supplement the seed coating market size. The surging demand for vegetables, oils, and grains, along with the declining capita arable land, has persuaded individuals to choose seeds of high quality to expand their yield productivity. Moreover, the augmenting awareness related to their several beneficial features like structured planting, enhanced ease of handling, better crop establishment, and less influence on the environment will bolster the growth of the market.
Additive Type Segment Drivers
Based on the additive type, the polymer is experiencing significant growth mainly because of its large-scale usage owing to its functional qualities to enhance the nutritional value of seeds and their appearance.
Crop Type Segment Drivers
Based on the crop type, cereals & grains are projected to expand at a faster CAGR during the forecast period as they are amongst the fastest-growing crops in the global market. The transpiring trend to employ coated seeds due to the excessive production and cultivation of cereals, vegetables, grains, and pulses further contributes the market growth.
Active Ingredients Segment Drivers
Based on the active ingredients, protectants are contemplated to hold a major share because of the increasing cases of soilborne pests and diseases.
Based on the regional coverage, North America is expected to grow at a higher CAGR during the forecast period. This is primarily attributed to the robust demand for cereals, grains, oilseeds, and pulses, mainly employed in the food and feed industries. Moreover, the government bodies' encouraging trade and price support systems have raised the imports and exports of cereals and oilseeds, majorly in the U.S, which is propelling the seed coating industry demand.
Seed Coating Market Segmentation:
Segmentation by Crop Type
• Cereals & Grains
• Oilseeds & Pulses
• Flowers & Ornamentals
Segmentation by Process
• Film Coating
Segmentation by Additive
• Active Ingredients
Segmentation by Active ingredient
• Phytoactive Promoters
Segmentation by Region:
• North America
o United States of America
• Asia Pacific
o Rest of APAC
o United Kingdom
o Rest of Europe
o South Africa
o Saudi Arabia
o Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.
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