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Seed Coating Market is Projected to Reach $3.1 billion by 2028

11-22-2023 02:11 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Markets and Markets

Seed Coating Market is Projected to Reach $3.1 billion by 2028

The global seed coating industry, valued at USD 2.0 billion in 2023, is set for extraordinary growth, projected to reach USD 3.1 billion by 2028 with a robust CAGR of 8.5%, as per the comprehensive report by MarketsandMarkets. This surge is attributed to a myriad of factors, including the escalating costs of labor and land, the imperative demand for high-quality agricultural output, and increased accessibility to advanced seed-coating technologies.

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

Liquid Seed Coating's Ascendance:

Liquid seed coatings, anticipated to experience remarkable growth, are proving indispensable in modern agriculture. They contribute significantly to the enhancement of seed quality, amplified crop yields, and cost reduction. Croda International Plc's pioneering FS formulations stand out for their concentrated nature, water-based composition, and enhanced safety during application.

Cereal and Grains Driving Momentum:

The cereal and grains segment emerged as a pivotal force, aligning with the notable increase in global cereal cultivation recorded by the Food and Agriculture Organization of the United Nations (FAO). Seed coatings play a crucial role in empowering farmers to achieve higher yields, addressing the mounting global demand for food and offering benefits such as improved seed germination and protection against pests and diseases.

Innovations Shaping the Landscape:

Innovations from industry leaders like Bayer and Syngenta, such as Peridiam Active 109 and CruiserMaxx Vibrance Cereals seed treatment, underscore the transformative impact of seed coatings on seed quality, dust emissions, and operator safety.

France: A Vanguard in Seed Coating:

France is poised to maintain its dominant position in the European seed coating market, fueled by a strong demand for amplified yields and reduced reliance on chemical pesticides. Innovations like AgriCoat Protect from AgriCoat and proactive government support through the Seed Coating Program showcase France's commitment to advancing seed-coating technology.

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

Key Players Shaping the Future:

Industry giants like BASF SE, Solvay, Croda International Plc, Clariant, DSM, and Sensient Colors LLC play a pivotal role with their substantial influence, robust manufacturing facilities, and well-established distribution networks across key regions.

The trajectory of the seed coating market reflects not just a surge in numbers but a transformative journey in agriculture, aligning with sustainable practices and addressing the evolving needs of global food production.

View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/seed-coating-materials-market-149045530.html

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

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

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