Increasing demand for high-quality seeds in the agriculture sector to improve crop yield is driving global seed processing market growth.
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. Additionally, these techniques increase agricultural productivity.
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. Revenue from the seed treatment category is anticipated to grow at a quick CAGR throughout the forecast period. The increasing need to enhance seed germination and boost agricultural productivity and yield are the main drivers behind this segment’s sales rise. In 2020, North America contributed the biggest revenue share to the global seed processing market. This is a result of the agriculture industry’s growing desire for high-quality seeds to increase crop yields.
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Farmers are switching from old farming practises to modern farming practises as awareness of innovative agricultural technologies grows. The shift is mostly caused by the demand for greater earnings and gains due to the finite supply of resources. To take advantage of the advantages associated with commercial seeds, farmers are buying and investing in them more frequently. This is a growing trend on a global scale. The greenhouse cultivation method is used to cultivate attractive plants, high-value crops including fruits and vegetables, and other agricultural products. These crops’ seeds are incredibly tiny, which makes it challenging to put them in the right location. The size and shape of the seeds are then improved by coating, which also makes the seeds easier to flow and sow.
Various governmental agencies, institutions, and groups, including the USDA, Health Canada, the European Commission, and the Asia Pacific Seed Association (APSA), among others, control the seed treatment sector. Companies involved in seed treatment must adhere to the rules and regulations established by numerous organisations. It is difficult for the producers to comply with all of these requirements because they differ across geographical regions. Before the product can be commercialised, the active substances employed in the solutions created for seed treatment must have multiple approvals. For the most part in industrialised nations, particular laws have been enacted to control the marketing and commercialization of treated seed and crop protection.
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
Type Outlook (Revenue, USD Billion; 2018–2028)
- Seed Coating Material
- Seed Treatment
Equipment Outlook (Revenue, USD Billion; 2018–2028)
- Gravity Separators
- Seed Treatment
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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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