Press release
Comprehensive Seed Coating Materials Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034
What combination of drivers is leading to accelerated growth in the seed coating materials market?The seed coating materials market is expected to expand due to the growing popularity of plant-based foods. These plant-based foods include items like fruits, vegetables, nuts, seeds, oils, legumes, whole grains, and beans. As more people are incorporating these foods into their diets, the need for agricultural products increases. Effective seed coating materials are essential in order to control pests, increase crop yield, manage plant growth, and improve the quality of agricultural produce. For example, The Good Food Institute Inc, based in the UK, reported in April 2023, that in 2022, the total sales value of the plant-based category for meat substitutes in Europe reached €2.0 billion, up 3% from the previous year. Hence, the seed coating materials market is seeing growth due to increased consumption of plant-based foods.
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What is the projected compound annual growth rate (CAGR) of the seed coating materials market from 2025 to 2034, and what factors influence it?
There has been a rapid expansion in the size of the seed coating materials market in the past few years. The market is projected to rise from $2.41 billion in 2024 to $2.65 billion in 2025, reflecting a compound annual growth rate (CAGR) of 10.2%. This significant increase during the historical period is due primarily to a rising emphasis on biodegradable seed coatings, amplified demand for plant-derived food products, and an upsurge in mergers and acquisitions.
In the coming years, the seed coating materials market is anticipated to exhibit rapid growth, with its size projected to reach $3.98 billion in 2029, exhibiting a compound annual growth rate (CAGR) of 10.7%. This progression during the forecast period can be associated with factors such as an escalating population, the rising adoption of sustainable farming practices, and the swift expansion of the agricultural sector. In the forthcoming period, the market trends to keep an eye on would be the development of superior and efficient coating polymers as a means of enhancing product portfolios, an emphasis on organic coating substances, innovation in seed coating materials, exploration and evolution of biodegradable solutions, the pursuit of micro plastic-free seed coatings, and the introduction of innovative products to fortify market standing.
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What trends are poised to drive the future success of the seed coating materials market?
Leading businesses in the seed coating materials market are prioritizing innovation through the development of advanced technologies, like superior quality formulations. Such technologies are designed to boost seed performance, stimulate quick germination, enhance nutrient absorption, and offer defense against pests and diseases. This superior quality formulation pertains to the exact blend of seed coating ingredients aimed at maximising seed performance through improved germination rates, fortified disease protection, and enhanced nutrient supply. For example, in October 2023, the agricultural chemical and seed firm Corteva, Inc., based in the US, unveiled Straxan. Straxan can be blended with other treatments, such as LumiviaTM CPL insecticide, offering boosted defense against pests like wireworms and cutworms. This blend forms an inclusive seed treatment solution, bolstering protection against both diseases and insects.
What are the major segments of the seed coating materials market and their role in driving growth?
The seed coating materials market covered in this report is segmented -
1) By Coating Type: Bio-Based Coating, Synthetic Coating
2) By Process: Cereals And Grains, Fruits And Vegetables, Flowers And Ornamentals, Oilseeds And Pulses, Other Crop Types
3) By Crop Type: Superparamagnetic, Ferrimagnetic
4) By Material Type: Polymers, Colorants, Pellets, Minerals/Pumice, Active Ingredients, Binders, Other Material Types
Subsegments:
1) By Bio-Based Coating: Natural Polymers, Biodegradable Polymers, Plant Extracts, Microbial Coatings
2) By Synthetic Coating: Polymeric Coatings, Inorganic Coatings, Chemical Coatings, Composite Coatings
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Which regions are key players in the growth of the seed coating materials market?
North America was the largest region in the seed coating materials market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the seed coating materials market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the seed coating materials market?
Major companies operating in the seed coating materials market include BASF SE, Syngenta, Solvay S.A., Croda International Plc, Milliken and Company, Germains Seed Technology, Brett-Young Seeds Ltd., Precision Laboratories Inc., Seed Coating Polymers, JK Agri-Genetics Ltd, Kalash Private ltd, Limagrain, Maharashtra Hybrid Seeds Company Pvt. Ltd., Bejo Seeds, Fairbanks Seeds, Seminis, Beijing Namo Tech.-Trade Co. Ltd., Linong Vegetable Seeds, Leadhood Seed Co.Ltd, Guangzhou Lead You Seed Co. Ltd, KWS SAAT SE & Co. KGaA, Rijk Zwaan, AGROPLAZMA LLC, Agri-Saaten, Riverford Organic Farms, Azelis, Maribo, S.C. InterAgro S.A., Bayer CropScience AG, Clariant International, Earth's Own Food Company Inc, Daiya Foods, Incotec Group, Chromatech Incorporated, Keystone Aniline Corporation, Sensient Technologies, Tecnoseeds, GlobeNatural, De Alimentos, Adm Do Brasil Ltda, Koita FZE, At Al Islami Foods, Soy Africa Limited
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What Is Covered In The Seed Coating Materials Global Market Report?
• Market Size Forecast: Examine the seed coating materials market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the seed coating materials market for a structured understanding.
• Key Players Overview: Analyze major players in the seed coating materials market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the seed coating materials market.
• Segment Contributions: Evaluate how different segments drive overall growth in the seed coating materials market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the seed coating materials market.
• Industry Challenges: Identify potential risks and obstacles affecting the seed coating materials market.
• Competitive Landscape: Review strategic developments in the seed coating materials market, including expansions, agreements, and new product launches.
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