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Home PRESS RELEASES

Seed Coating Market is Projected to Grow $3.6 billion by 2027

by Newsroom Editor
August 19, 2022
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(EMAILWIRE.COM, August 19, 2022 ) According to a research report “Seed Coating Market by Form, Additives (Polymers, Pellets, Colorants, Minerals/pumice), Process (Film coating, Encrusting, Pelleting), Crop (Cereals & grains, Oilseeds & pulses, Vegetables, Flowers & ornamentals), and Region – Global Forecast to 2027″ published by MarketsandMarkets, The seed coating market is estimated to be valued at USD 2.4 billion in 2022. It is projected to reach USD 3.6 billion by 2027, recording a CAGR of 8.4% during the forecast period. The demand for the seed coating market is driven due to the awareness campaigns, such as the awareness programs carried out by India Monsanto to adopt GM seeds, which are also coated. There also have been various government initiatives with NGOs, such as Bill and Melinda Gates Foundation, for conducting awareness programs for quality seeds in Africa.

Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=149045530

The protectants segment is the fastest growing among the various active ingredients of seed coating during the forecast period

Seed coatings can reduce the damage through two methods such as systemic and non-systemic protection. Coating the seeds with protectants is one of the ways to deal with soilborne and fungicidal diseases. Systemic safety: It is absorbed by the plant, and the coatings release their active ingredients into the soil, protecting the seed. Non-systemic protection: The coating around the seed protects the young seedlings from soilborne and fungicidal diseases targeting the pathogens.

Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=149045530

Asia Pacific region is witnessing the highest growth rate in the seed coating market

The Asia Pacific region has significant growth in the food and feed processing industries, where the cultivation of industrial crops, such as rice, wheat, soybean, and corn, is gaining considerable traction. Favorable climatic conditions, government initiatives, awareness campaigns by seed manufacturers, the growth of the agricultural input market, the demand for high-quality seeds, and the availability of farm subsidies are the key factors contributing to the development the seed coating market in Asia Pacific region. The rising demand for grains, vegetables, and oilseeds from food processing, feed, and biofuel industries has encouraged farmers to adopt the crop cultivation pattern.

The major players involved in the seed coating market include BASF SE (Germany), Solvay S.A. (Belgium), Clariant AG (Switzerland), Croda International plc (U.K.), DSM (Netherlands), Sensient Technologies (U.S.), and Germain Seed Technology Inc. (U.K.)

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441



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