Press release
Seed Processing Market Size, Growth Opportunities, Revenue Share Analysis, and Forecast To 2028 | Top Key Players BASF, Bayer, Clariant, etc
The global seed processing market size is expected to reach USD 22.4 Billion by 2028 at a CAGR of 10.7%, according to the latest report by Reports and Data. Growing need for hybrid seeds, increasing population and rising food demand globally are some key factors expected to drive market revenue growth during the forecast period.Seed processing involves harvesting as well as processing of seeds to achieve high-quality with minimal damage, which is required for both agriculture and consumption purposes.
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Extensive primary and secondary research has been carried out to identify and screen the key players of the industry along with their market share, market reach, global position, revenue and gross profit margins, and overall company overview. The report also offers insights into the recent mergers and acquisitions, joint ventures, collaborations, partnerships, licensing and manufacturing agreements, and product launches, among others.
Key Companies Operating in the Seed Processing Market are: BASF (Germany), Bayer (Germany), Clariant (Switzerland), Corteva (US), Nufarm (Australia), Syngenta (Switzerland), Lanxess (Germany), Incotec (Netherlands), Sensient Technologies (US), Alvan Blanch Development Company Ltd. (UK), Cimbria (Denmark), and PETKUS Technologie GmbH (Germany).
Rapid adoption of digital technologies to improve efficiency and production, prioritization of environment sustainability, enhancement of global supply chain, and rising import/export of chemicals and materials have significantly contributed to the revenue growth of the market. Increasing demand for personal care and consumer products such as soaps and other materials, growing focus on the production of petrochemicals, increasing capital expenditures, and rising emphasis on decarbonization have further fueled the revenue growth of the materials and chemicals industry.
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Regional Analysis covers:
North America
Canada
U.S.
Mexico
Europe
Germany
Italy
U.K.
Rest of EU
Asia Pacific
India
China
Japan
South Korea
Rest of APAC
Latin America
Brazil
Argentina
Rest of Latin America
Middle East & Africa
Saudi Arabia
South Africa
U.A.E
Rest of MEA
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Global Seed Processing Market Segmentation:
Type Outlook (Revenue, USD Billion, 2018 - 2028)
Seed treatment
Seed coating material
Crop Type Outlook (Revenue, USD Billion, 2018 - 2028)
Cereals & grains
Oilseeds & pulses
Vegetables
Flowers & ornamentals
Other crop types (sugar beet, turf & ornamentals, and forages)
Equipment Outlook (Revenue, USD Billion, 2018 - 2028)
Cleaners
Gravity separators
Seed treatment
Dryers
Graders
De-stoners
Other equipment (color sorter and dust equipment machines)
Key Features of the Global Seed Processing Market Research Report:
The cereals & grains segment revenue growth rate is predicted to increase significantly in the market going ahead. Superior quality seeds with maximum germination potential are obtained easily through the use of seed processing methods.
The seed treatment segment accounted for highest revenue share in the market in 2020. Growing need for improving germination of seeds, along with enhancing agricultural productivity is augmenting demand for seed treatment, thus, fueling revenue growth of this segment.
The gravity separators segment is expected to register a significantly rapid revenue growth rate between 2021 and 2028. Rising need for high-quality cereals and grains in various developing countries is expected to boost adoption of seed processing machinery, including gravity separators, going ahead.
North America market accounted for highest revenue share in the global market in 2020. Rising need for superior quality seeds in the agriculture sector for enhancing crop yields is a key factor driving deployment of seed processing across various farms in countries in North America. Moreover, increasing investments in the development of premium-quality seeds is further fueling revenue growth of the market in the region.
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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
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