The seed processing market is projected to grow to USD 9.87 billion by 2033, up from USD 6.24 billion in 2023, reflecting a compound annual growth rate (CAGR) of 8.34% from 2023 to 2033. This industry focuses on preparing harvested seeds for distribution to farmers through processes such as drying, threshing, and treatment. Its goal is to clean, improve quality, and ensure the seeds' viability for planting. Key elements include seed treatment and coating materials for various crops like vegetables, pulses, and cereals. Major industry players include Bayer AG, BASF SE, Syngenta AG, Nufarm Ltd., and Clariant AG. The market is experiencing significant growth due to factors such as increasing global population, advancements in agriculture, and stricter seed quality standards. It is expected to reach USD 13.11 billion in 2024 and USD 19.64 billion by 2028.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Type (Seed treatment, Seed coating material)
By Crop Type (Cereals & grains, Oilseeds & pulses, Vegetables, Flowers & ornamentals, Others)
By Equipment (Cleaners, Gravity separators, Seed treatment, Dryers, Graders, Others)
Key players
Bayer
BASF
CORTEVA
Syngenta
Nufarm
Lanxess
Clariant
Incotec
Sensient Technologies
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