Global Seed Processing Market Will Surpass USD 18.2 Billion by 2026

Findings from Facts and Factors report "Seed Processing Market By Type (Seed Coating Material and Seed Treatment), By Crop Type (Oilseeds & Pulses, Cereals & Grains, Flowers & Ornamentals, Vegetables, and Other Crops), By Equipment (Seed Treatment, Cleaners, Graders, Gravity Separators, De-Stoners, Dryers, and Other Equipment), And By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020-2026" states that the global seed processing market in 2019 was about to hit USD 9 Billion. The market is expected to grow at a CAGR of over 10% and is anticipated to surpass USD 18.2 Billion by 2026.

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Seed processing involves the selection and processing of post-harvested seeds such as drying, cleaning, treatment, storage, and packaging, to attain superior quality seeds that are appropriate for agriculture as well as consumption purposes. The key factors that are flourishing the global seed processing market are the escalating global trade of processed seeds, rising awareness among farmers about the benefits of utilizing treated seeds, and the supportive government subsidies along with the investment hike by several agri-based companies.

"Seed treatment" under type segment is likely to attain the leading position in the market during 2020-2026

The global seed processing market, based on the type, is bifurcated into seed treatment and seed coating material. Of these, the seed treatment segment held the major share of the global market and grabbed the dominating position. Moreover, the segment is anticipated to follow the same trend throughout the forecast period owing to the growing trend of using hybrid seeds by the farmers in developing countries. They prefer industrially-manufactured and treated hybrid seeds overharvested seeds from the previous batch of the crops for sowing in their crop fields. This drastic shift of farmers towards hybrid seeds is due to several factors that include substantially growing middle-class population, swift propulsion in the food processing market, and rapid increase in the disposable income. All the aforementioned attributes are likely to drive the seed treatment division of the global seed processing market.

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North America and Europe account for the maximum share in the global seed processing market

The majority of the seed processing equipment manufacturers are headquartered in Europe. The industries are trying hard to meet the demand at the regional & global levels, which the key factor behind the considerable growth of the regional market in the coming years.

However, North America significantly drove the global seed processing market in 2019 by accounting for a major share in the market.

Some of the key players driving the global seed processing market are Syngenta, Incotec, Alvan Blanch Development Company Ltd., Seed Dynamics, Precision Laboratories, Lanxess, Chromatech, Sensient Technologies, Lewis M. Carter Manufacturing LLC, Centor Group, PETKUS Technologie GmbH, Nufarm, Bayer, WESTRUP A/S, Corteva, Germains Seed Technology, Clariant, BASF, and Cimbria, among others.

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This report segments the global seed processing market as follows:

Global Seed Processing Market: Type Segmentation Analysis

Seed coating material
Seed treatment

Global Seed Processing Market: Crop Type Segmentation Analysis

Oilseeds & pulses
Cereals & grains
Flowers & ornamentals
Vegetables
Other crops

Global Seed Processing Market: Equipment Segmentation Analysis

Seed treatment
Cleaners
Graders
Gravity separators
De-stoners
Dryers
Other equipment

Global Seed Processing Market: Regional Segmentation Analysis

North America
The U.S.
Canada
Europe
Germany
The UK
France
Spain
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa

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