How Has the Seed Processing Market Evolved Historically and What is its Current Size?
The seed processing market has seen considerable growth due to a variety of factors.
•The market size of seed processing has witnessed a swift escalation over the last few years. It is projected to surge from $13.01 billion in 2024 to $14.5 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 11.4%.
The remarkable expansion throughout the historic period can be associated with numerous factors such as a rise in global population, development of commercial farming, emphasis on enhancement of crop yield, universalization of seed commerce, government backing and agricultural protocols, along with a boost in private investments.
What is the Forecasted Market Size and CAGR for the Seed Processing Market?
The seed processing market is expected to maintain its strong growth trajectory in upcoming years.
• In the coming years, the seed processing market is predicted to experience a significant expansion. The market value is projected to reach $22.17 billion by 2029, with a compound annual growth rate (CAGR) of 11.2%.
The anticipated growth over the forecast period can be traced back to factors such as increasing demand for precision farming, emphasis on producing climate-resistant crops, the upward trend in organic farming, government policies favoring agricultural modernization, and the strengthening of seed quality standards. The forecast period is expected to witness growing trends like the introduction of new seed coating technologies, drought-resistant seeds, the incorporation of digital solutions in agriculture, genetically modified (gm) crops, and the use of data analytics in seed processing.
What Are The Key Drivers Fueling Growth In The Seed Processing Market?
The seed processing market is projected to expand due to the increasing need for superior quality crops. A crop is deemed high-quality when it possesses an appealing mix of appearance, texture, flavor, safety, and nutrition. To achieve such premium crops, efficient seed processing is imperative. Post-harvest techniques are necessary in order to improve seed crop yield, longevity, vitality, and overall quality. To ensure crop seed is not mixed up with weed seed, effective weed control measures need to be applied. Implementing fungicides to ward off seed-borne diseases and harvesting at the correct time are also crucial. The surge in awareness among farmers towards the preference for high-quality crops has also boosted the market. As an example, the United States Department of Agriculture reported in September 2022 that the usage of genetically engineered crops is growing steadily in the U.S. Regarding herbicide-tolerant (HT) crops, soybean HT coverage expanded to 95% in 2021 and 2022, with HT cotton coverage escalating to 94% in 2021. By 2022, over 90% of U.S. maize plantations are expected to utilize HT seeds. Additionally, domestic BT (Bacillus thuringiensis) corn coverage grew to 84% in 2022 while 89% of American cotton acreage used genetically modified, insect-resistant seeds that same year. Consequently, the escalating demand for superior quality crops is predicted to spur the seed processing market's growth.
What Are The Principal Market Segments In The Global Seed Processing Industry?
The seed processing market covered in this report is segmented –
1) By Type: Seed Treatment, Seed Coating Material
2) By Crop Type: Vegetables, Pulses, Oilseeds, Cereals And Grains, Flowers, Ornamentals, Other Types
3) By Equipment: Cleaners, Gravity-separators, Graders, De-stoners, Seed Treatment, Dryers, Other Equipments
Subsegments:
1) By Seed Treatment: Chemical Seed Treatment, Biological Seed Treatment, Physical Seed Treatment
2) By Seed Coating Material: Polymer Coatings, Colorants, Adhesives, Nutrient Coatings, Other Coating Materials
Pre-Book The Seed Processing Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
Which Emerging Market Trends Are Altering The Seed Processing Sector?
The seed processing market is witnessing an increasing trend towards product innovations. Leading companies in this market are creating innovative products to consolidate their market presence. For example, in May 2022, Bayer AG, a biotechnology and pharmaceutical firm based in Germany, introduced a novel product under the SeedGrowth brand, dubbed Routine Start 280FS. This product, primarily designed to treat early-season rice seeds afflicted by leaf blast caused by rice blast fungus, increases crop yield and enhances resource efficiency among rice farmers. This introduction underscores Bayer's dedication towards developing innovative farming solutions to bolster the long-term development of agriculture. Seed treatment is crucial to mitigate leaf blast during cultivation and boost seedling germination.
Who Are the Key Players in the Seed Processing Market?
Major companies operating in the seed processing market include:
• Bayer AG
• BASF SE
• Syngenta AG
• Nufarm Ltd.
• Clariant AG
• Incotec Group BV
• Sensient Technologies Corp.
• Cimbria Manufacturing A/S
• Alvan Blanch Development Company Ltd.
• PETKUS Technology GmbH
• Lewis M. Carter Manufacturing Co. Inc.
• WESTRUP A/S
• Seed Dynamics Inc.
• Germains Seed Technology Inc.
• Corteva Inc.
• Limagrain Cooperative
• KWS SAAT SE & Co. KGaA
• DLF Seeds A/S
• Precision Laboratories
• Hefty Seed Company
• Chromatech Inc.
• Centor India Agri Pvt. Ltd.
• Valent Biosciences Corporation
• Advanced Biological Marketing Inc.
• Adama Agricultural Solutions Ltd.
• UPL Limited
• AgReliant Genetics LLC
• Barenbrug Holding BV
• BrettYoung Seeds Limited
• Sakata Seed Corporation
• Takii & Co. Ltd.
• Rijk Zwaan Zaadteelt en Zaadhandel B.V.
What are the Regional Insights into the Seed Processing Market?
North America was the largest region in the seed processing market in 2024. The regions covered in the seed processing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
