The seed coating material market is projected to be valued at USD 2,059.0 million in 2024. Demand for this market is expected to grow at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2034, with the global market anticipated to reach USD 3,639.7 million by 2034.
The rising adoption of sustainable agricultural practices is fueling increased demand for seed coating materials. The introduction of appealing variants and new flower varieties is poised to further drive this demand. Moreover, growing consumer preference for natural food products is significantly influencing the global market for seed coating materials.
Improving farming practices with advanced technology and resources is a priority for governments and environmental organizations worldwide. The demand for seed coating materials is bolstered by the agricultural sector’s growth, as they play a crucial role in enhancing crop productivity and resilience.
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The demand for sustainable seed coating materials is steadily increasing, driven by the rising popularity of sustainable and organic farming practices.
Advancements in seed coating technologies, including precision coating methods, ensure that demand in the industry stays innovative and dynamic.
The demand for seed coating is accelerating alongside the world’s growing population, which is increasingly demanding more food, thereby driving growth in agricultural practices.
Competitive Landscape
Asia and Latin America are key markets for industry players. However, many manufacturers are also aiming for comprehensive growth across both developing and developed countries.
Key Companies Profiled
Bayer CropScience AG; BASF SE; Clariant International; Croda International; Incotec Group; Chromatech Incorporated; Germains Seed Technology; Brett Young; Keystone Aniline Corporation; Precision Laboratories; Mahendra Overseas
- In February 2022, Croda International Plc collaborated with Xampla, with the latter being a company associated with Cambridge University. The collaboration aims to introduce innovative farming technologies that lead to greater crop yield while also adhering to sustainability guidelines.
- Company profile- Incotec Group is a major player in providing seed enhancement technologies. The capabilities of the company include providing seed coating, pelleting, and ensuring better plant establishment.
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Seed Coating Material Market – Key Segments
By Product Type:
- Polymers
- Pellets
- Colorants
- Minerals/Pumice
- Other Types
By Crop Type:
- Cereals and Grains
- Vegetables
- Oilseeds & Pulses
- Flowers & Ornamentals
- Other Crop Types
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia and Pacific
- East Asia
- Middle East and Africa
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