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Seed Coating Market 2023 | Industry Trends, Analysis and Forecast 2028

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IMARC Group, a leading market research company, has recently releases report titled “Seed Coating Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global seed coating market share, size, trends and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the seed coating market?

Report Attributes Details
Market Size in 2022 US$ 2.4 Billion
Market Forecast in 2028 US$ 3.8 Billion
Growth rate (2023 to 2028) CAGR of 8.2%
Base Year of the Analysis 2022
Forecast Period 2023-2028

What is seed coating?

Seed coating is a process that involves the application of a protective layer of material to a seed. It protects from pests, pathogens, and environmental conditions. It is made from various materials, such as waxes, polymers, minerals, and chemicals. It can be applied to seeds before or after planting and can be either temporary or permanent. It covers seeds with crop protection elements, including insecticides, fungicides, and other non-chemical and biological agents. At present, seed coating finds extensive applications in the agriculture sector across the globe to increase crop yields, protect seeds from adverse environmental conditions, and contributes to the sustainability of agricultural practices.

Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/seed-coating-market/requestsample

What are the growth prospects and trends in the seed coating?

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The global seed coating market is primarily driven by declining rates of the arable land area due to the rising incidences of seed diseases and changing environmental conditions leading to decreased crop yields. Moreover, the increasing awareness among farmers about the benefits of seed coating is positively influencing the market growth. Additionally, the surging adoption of precision agriculture techniques, which involve measuring, monitoring, and controlling crop production, has catalyzed market growth. Furthermore, the rising use of seed coatings owing to the increasing imbalance between demand and supply for agricultural products as it improves the performance and germination of the seed is contributing to the market growth. Other factors, including significant expansion in the agriculture industry, rapid industrialization, and continuous technological advancements, are also anticipated to drive the market further.

What is included in market segmentation?

The report has segmented the market into the following categories:

Additive Type Insights:

  • Polymers
  • Colorants
  • Pellets
  • Binders
  • Active Ingredients
  • Others

Process Insights:

  • Film Coating
  • Encrusting
  • Pelleting

Crop Type Insights:

  • Cereals and Grains
  • Fruits and Vegetables
  • Flowers and Ornamentals
  • Oilseeds and Pulses
  • Others

Breakup by Geography:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • BASF SE
  • Brett-Young Seeds Limited
  • Centor Oceania
  • Chromatech Incorporated
  • Cistronics
  • Innovations Pvt. Ltd.
  • Croda International plc
  • Germains Seed Technology
  • Precision Laboratories LLC
  • Sensient Colors LLC (Sensient Technologies Corporation)
  • Solvay

Ask Analyst for 10% Free Customized Report: https://www.imarcgroup.com/request?type=report&id=7081&flag=C

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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