Optimizing Agricultural Efficiency: Market Trends, Insights, and Growth Opportunities in the Seed Processing Industry

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Seed Processing Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $19.64 billion In 2028 At A CAGR Of 10.6% :

The seed processing market size has grown rapidly in recent years. It will grow from $11.73 billion in 2023 to $13.11 billion in 2024 at a compound annual growth rate (CAGR) of 11.8%. The growth in the historic period can be attributed to global population growth, expansion of commercial agriculture, focus on crop yield improvement, globalization of seed trade, government support and agricultural policies, increase in private investments.

The seed processing market size is expected to see rapid growth in the next few years. It will grow to $19.64 billion in 2028 at a compound annual growth rate (CAGR) of 10.6%. The growth in the forecast period can be attributed to growing demand for precision agriculture, focus on climate-resilient crops, rise in organic farming practices, government initiatives for agricultural modernization, enhanced seed quality standards. Major trends in the forecast period include innovation in seed coating technologies, drought-tolerant seeds, integration of digital agriculture solutions, genetically modified (gm) crops, data analytics in seed processing.

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Seed Processing Market Major Segments
The seed processing market covered in this report is segmented -

1) By Type: Seed Treatment, Seed Coating Material
2) By Crop Type: Vegetables, Pulses, Oilseeds, Cereals And Grains, Flowers, Ornamentals, Other Types
3) By Equipment: Cleaners, Gravity-separators, Graders, De-stoners, Seed Treatment, Dryers, Other Equipments

Key Driver - Rising Demand For High-Quality Crops Propels Growth In The Seed Processing Market

The rising demand for high-quality crops is expected to propel the growth of the seed processing market going forward. A high-quality crop is one that has a good combination of look, texture, flavor, safety, and nutrition. Proper seed processing is essential for producing high-quality crops. Post-harvest processing is required to enhance seed crop output, lifespan, vigor, and overall quality. Good weed control strategies should be utilized to guarantee that weed seed is not gathered with crop seed. Fungicides should be used to combat seed-borne illnesses, and harvesting should be done at the proper time. Additionally, increasing awareness among farmers has favored the demand for high-quality crops. For instance, in September 2022 according to a report published by the United States Department of Agriculture, the use of genetically altered crops is becoming more common in the United States. In terms of herbicide-tolerant (HT) crops, soybean HT acreage climbed to 95% in 2021 and 2022, while HT cotton acreage increased to 94% in 2021. By 2022, over 90% of domestic maize acres will have been planted using HT seeds. Furthermore, domestic BT (Bacillus thuringiensis) corn acreage increased to 84% in 2022, and 89% of cotton acres in the United States were planted with genetically engineered, insect-resistant seeds in 2022. Therefore, the rising demand for high-quality crops will drive the seed processing market.

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Prominent Trend - Seed Processing Market Evolves With Cutting-Edge Product Innovations

Product innovations are a key trend gaining popularity in the seed processing market going forward. Major companies operating in the seed processing market are developing innovative products to strengthen their position in the market. For instance, in May 2022, Bayer AG, a Germany-based biotechnology and pharmaceutical company launched a new product under the SeedGrowth brand called Routine Start 280FS to treat rice blast (leaf blast) in early-season rice seeds caused by rice blast fungus, enhancing crop output and resource efficiency for rice farmers. This new product reflects Bayer's commitment to producing innovative agricultural solutions that contribute to agriculture's long-term growth. Seed treatment is essential for preventing rice blast (leaf blast) disease during cultivation and improving seedling germination.

Seed Processing Market Players
Major companies operating in the seed processing market report are Bayer AG, BASF SE, Syngenta AG, Nufarm Ltd., Clariant AG, Incotec Group BV, Sensient Technologies Corp., Cimbria Manufacturing A/S, Alvan Blanch Development Company Ltd., PETKUS Technology GmbH, Lewis M. Carter Manufacturing Co. Inc., WESTRUP A/S, Seed Dynamics Inc., Germains Seed Technology Inc., Corteva Inc., Limagrain Cooperative, KWS SAAT SE & Co. KGaA, DLF Seeds A/S, Precision Laboratories, Hefty Seed Company, Chromatech Inc., Centor India Agri Pvt. Ltd., Valent Biosciences Corporation, Advanced Biological Marketing Inc., Adama Agricultural Solutions Ltd., UPL Limited, AgReliant Genetics LLC, Barenbrug Holding BV, BrettYoung Seeds Limited, Sakata Seed Corporation, Takii & Co. Ltd., Rijk Zwaan Zaadteelt en Zaadhandel B.V.

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Largest And Fastest Growing Region In The Market
North America was the largest region in the seed processing market in 2023. The regions covered in the seed processing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Seed Processing Market Report Structure
3. Seed Processing Market Trends And Strategies
4. Seed Processing Market - Macro Economic Scenario
5. Seed Processing Market Size And Growth
…..
27. Seed Processing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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