Global Seed Processing Market - 2021-2028

Global Seed Processing Market - 2021-2028

Market Overview

The Global ""Seed Processing Market"" is Predicted to reach at a CAGR of 6% during the forecast period (2021-2028)

Seed processing includes the processing and selection of post-harvested seeds including treatment, drying, packaging, cleaning, and storage, to maintain superior quality seeds which is essential for consumption purposes as well as agriculture. Global seed processing market is rising owing to the increasing awareness among farmers about the advantages of using treated seeds, increasing global trade of treated as well as processed seeds and encouraging government subsidies. This expertise-oriented and specialized industry research study inspect the commercial and technical business view of the worldwide seed processing industry.

Market Dynamics:

A surge in global trade for processed seeds

According to ISF (International Seed Federation), in 2019, more than 4.9 million tonnes of seeds were traded across the globe, which was around USD 13.0 billion. The increasing trade between various countries owing to the trade agreements amongst several regions and countries has generated growth opportunities for producers in various industries, such as the seeds processing industry. The surge in demand for premium quality seeds and large yields across the globe has also accelerated the trade of seeds processing. Manufacturers are concentrating on developing and processing high-quality seeds and serving consumers across the globe. Moreover, farmers in mature and developed markets, including the US, Germany, and other European countries, primarily concentrate on the quality of seeds while purchasing, which is expected to enlarge the demand for processed seeds.

Market Segmentation:

seed processing segment is expected to dominate the market

Based on type, the global seed processing market is segmented into seed treatment, and seed coating material. The seeds treatment segment is expected to be the dominating type segment in 2020 and is expected to be the dominating segment over the forecast period. Owing to the awareness among the farmer of treated seeds for cultivation and rising yield of treaded seeds due to the disease disease-free seeds high level of germination. The rise in demand for hybrid seeds owing to the high yielding variety and bigger size for seeds and fruits. Seed treatment goods typically consist of insecticides, fungicides, and bactericides. It delivers improved crop cultivation at a comparatively low cost than spraying, which creates it most desired treatments for seeds. Hence, seed treatment companies are projected to exhibit substantial growth in developing nations.

Geographical Penetration:

North America is the largest market for seed processing with a share of nearly XX% in global sales value in 2020

By geography, North American was accounted for the largest market share for the global seed processing market in 2020 and is expected to be the largest regional market during the projected years. Owing to the increasing demand for superior quality seeds to enhance crop yields and to cultivation. Implementation of seed processing around a large number of farms in several countries in the region. Furthermore, boosting investments in making high-quality seeds is estimated to drive the demand of this market. Additionally, increasing demand for innovative seed processing machinery owing to speedy growth in the agriculture sector in several countries of North America, and increasing exports of seed to the developed countries are also estimated to fuel the demand of seed processing market in North America. The Asia Pacific is anticipated to exhibit significant growth over the forecast period. The increasing market of many cash crops is a major driving factor for the growth of the market in the Asia Pacific. Furthermore, the growing necessity of high-quality agricultural products and growing agricultural practices are estimated to propel the seed processing market growth in the region between 2021 and 2028.

Competitive Landscape:

The global seed processing market is dominated by a few players. The most active companies across the globe are Alvan Blanch Development Company Ltd., Sensient Technologies, Seed Dynamics, Centor Group, and Precision Laboratories. They have been expanding their geographical presence by acquiring or merging with the manufacturers in the foreign market

COVID-19 Impact:

The latest crisis of the epidemic of COVID-19 has had a considerable impact on the seed processing market across the globe. The manufacturing activities have halted due to the regulation imposed by various governments which impacted the making, but the producer of seed processing is back to normal condition after lockdown across the globe. The demand for processed seed is not affected in the Asia Pacific during the pandemic but in Europe and the American region, it was lower down for a few months. The pandemic affected the USA, the Netherlands, Germany, China, France, Italy, India, Spain, Brazil, and other major nations involved in seed production, the import and export of processed seed is expected to be affected badly in the coming sowing or planting season. The demand-supply gap of processed seed would be significantly large for high-value seeds, especially those of some fruit varieties and vegetables that are grown in the European region. The influence of COVID-19 is a lot higher on the developed countries, the multination firms would focus their strategies and energies more on these countries as compared to the poor and developing countries.

Why Purchase the Report?
Understand the current market scenario and viability of the global seed processing market over the forecast period
Visualize the composition of the global seed processing market in terms of type, and application to identify major players, growth potential, and market strategies
Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period
Understand the key business factors such as market competition, product pricing, new product developments, and patent filings pertaining to the market

What we offer?
PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study
Excel data sheet with valuable data points of the global Seed Processing Market – Regional and Country level segmentation
Product mapping in excel for the key products of all major market players
Market Share Analysis covering business revenues ($) and revenue share (%) of key market players

Target Audience:
Seed Processing Companies
Agrochemical Companies
Agriculture financing groups
Industry Investors/Investment Bankers
Education & Research Institutes
Research Professionals