The global seed processing market size is expected to reach USD 22.4 Billion by 2028 at a CAGR of 10.7%, according to the latest report by Reports and Data. Growing need for hybrid seeds, increasing population and rising food demand globally are some key factors expected to drive market revenue growth during the forecast period.
Seed processing involves harvesting as well as processing of seeds to achieve high-quality with minimal damage, which is required for both agriculture and consumption purposes.
Rising demand for superior quality crops coupled with increasing per capita income in developing economies, growing need for modern agricultural activities, and rising awareness among farmers regarding the benefits associated with utilization of treated seeds are some other factors expected to support revenue growth of the global seed processing market between 2021 and 2028. Additionally, increasing trade of different types of agricultural products between developed and developing countries and regions is further creating revenue opportunities for players in the seed processing market.
Rising investments in R&D, high labor and technology costs, are some key factors expected to restrain market growth to a certain extent going ahead. Implementation of stringent government regulations on crop standards and quality is also likely to restrict market growth over the forecast period.
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The report presents a panoramic view of the competitive landscape of the Seed Processing market, covering details about the key manufacturers and companies, price analysis, revenue estimation, gross profit margins, business expansion plans, and other vital details that offers the readers deep insights into each company operating in the industry. The report also focuses on strategic alliances in the Seed Processing market, such as mergers and acquisitions, joint ventures, product launches, brand promotions, collaborations, licensing agreements, partnerships, corporate and government deals, and others.
Top Players Analyzed in the Report are:
BASF (Germany), Bayer (Germany), Clariant (Switzerland), Corteva (US), Nufarm (Australia), Syngenta (Switzerland), Lanxess (Germany), Incotec (Netherlands), Sensient Technologies (US), Alvan Blanch Development Company Ltd. (UK), Cimbria (Denmark), and PETKUS Technologie GmbH (Germany).
For a comprehensive value chain analysis, the report covers the downstream and upstream essentials of the Seed Processing market. It also pays special focus on the growth process, macro- and micro-economic factors, raw material sources analysis, and other technical data. The report further segments the market on the basis of types, applications, and regions and offers insights into the segments that have the highest penetration and profit margin, along with recent developments based on geographies.
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Type Outlook (Revenue, USD Billion, 2018 – 2028)
- Seed treatment
- Seed coating material
Crop Type Outlook (Revenue, USD Billion, 2018 – 2028)
- Cereals & grains
- Oilseeds & pulses
- Flowers & ornamentals
- Other crop types (sugar beet, turf & ornamentals, and forages)
Equipment Outlook (Revenue, USD Billion, 2018 – 2028)
- Gravity separators
- Seed treatment
- Other equipment (color sorter and dust equipment machines)
Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Benefits of Global Seed Processing Market Report:
- Comprehensive analysis of the changing market dynamics
- A futuristic outlook on different factors influencing the market
- An 8-year forecast of the market growth and expected revenue growth
- Ease of understanding of the market, key segments, and their future growth
- In-depth analysis of the competitive landscape to give an advantageous edge for the companies
- Extensive insight into the market with in-depth analysis of the segmentation
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