Global Seed Processing Market Insights Forecasts to 2033

• The Global Seed Processing Market Size was Valued at USD 13.4 Billion in 2023
• The Market Size is Growing at a CAGR of 9.30% from 2023 to 2033
• The Worldwide Seed Processing Market Size is Expected to Reach USD 32.6 Billion by 2033
• Asia Pacific is Expected to Grow the fastest during the forecast period.

 

Get more details on this report -

Request Free Sample PDF

The Global Seed Processing Market Size is Anticipated to Exceed USD 32.6 Billion by 2033, Growing at a CAGR of 9.30% from 2023 to 2033.

 

Market Overview

In the seed processing industry, collected seeds are processed by threshing, drying, and treating to make them marketable to farmers. Its objectives are to guarantee viability for sowing, improve quality, and cleanse seeds. Harvesting and processing post-harvest seeds results in high-quality, minimally contaminated seeds that are suitable for cultivation and human use. Increasing demand for hybrid seeds as the middle class grows will boost the seed processing market throughout the projected period. Crucial elements encompass seed treatment and coating materials, accommodating diverse crop varieties such as grains, legumes, and vegetables. Seed treatment, an innovative and relatively new concept in agricultural inputs, has shifted the agricultural business from a single-product perspective to a systemic strategy that solves a variety of crop production and quality concerns. The treated seeds' development potential remains high in mature markets of industrialized nations that are migrating to appropriate, sustainable, and systemic products. Furthermore, future global market growth is predicted to be driven by the development of novel solutions that are not only effective and cost-effective, but also help to improve crop production sustainability. The requirement for feeding a world population that is growing at an accelerated rate as a result of rising food prices and growing demand from both small- and large-scale farmers for high-quality seeds to increase crop yields. Seed processing aids in the selection of healthier seeds with greater germination potential and yield. Over time, seed processing allows for improved seed quality and contributes to field and crop production uniformity.

 

Report Coverage

This research report categorizes the market for the global seed processing market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global seed processing market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global seed processing market.

 

Driving Factors

Treating seeds with chemical compounds or biologicals guarantees that the yield remains hopeful and productive, making the cultivation of healthy crops more sustainable. Farming operations, regardless of approach (conventional or organic), have made seed treatment an integral element of the process, and practically all commercial agricultural seed manufactured is treated with chemical or biological treatments such as insecticides or bio fungicides. In the face of unsustainable conventional farming methods, future climatic scenarios, and limited natural resources, the market becomes increasingly important. Growing the financial resources of individuals, increasing demand for high-quality crops, raising farmer awareness of the benefits of using treated seeds, and expanding demand for agricultural operations may all contribute to the global growth of the seed processing business. The growing worldwide population has raised the demand for food production, which is expected to enhance sales in the seed processing industry in the future years.

 

Restraining Factors

The implementation of governmental rules aimed at influencing market expansion is anticipated to impede the growth of the seed processing industry throughout the forecast period. The introduction of crop regulations to limit market growth will be a challenge for the seed processing industry. Some of the main issues impeding market growth are increased R&D investments, high labor costs, a growing move toward more complex technologies, and rising supply chain expenses. Furthermore, governments in many emerging nations are likely to impose increasingly severe governmental regulations on crop health, quality, packaging, and storage, which is expected to hinder growth in the seed processing market throughout the forecast period.

 

Market Segmentation

The global seed processing market share is classified into type, crop type, and equipment.

 

• The seed treatment segment is expected to hold the largest share of the global seed processing market during the forecast period.   

Based on the type, the global seed processing market is divided into seed treatment and seed coating material. Among these, the seed treatment segment is expected to hold the largest share of the global seed processing market during the forecast period. Insecticides, bactericides, and fungicides are common ingredients in seed treatment products. It improves crop cultivation while being less expensive than spraying, making it one of the most popular seed treatments. With the global agricultural sector experiencing rising difficulties such as climate change, pest outbreaks, and soil degradation, the use of seed treatment has become critical to ensuring optimal seed performance and crop output.

 

• The cereals & grains segment is expected to hold a significant share of the global seed processing market during the forecast period.   

Based on the crop type, the global seed processing market is divided into cereals & grains, oilseeds & pulses, vegetables, and flowers & ornamentals. Among these, the cereals & grains segment is expected to hold a significant share of the global seed processing market during the forecast period. Due to the government's considerable emphasis on food security in developing markets. Furthermore, cereals are becoming increasingly popular in the food business due to their numerous applications.

 

• The graders segment is expected to dominate the global seed processing market during the forecast period.

Based on the equipment, the global seed processing market is divided into cleaners, gravity-separators, graders, and de-stoners. Among these, the graders segment is expected to dominate the global seed processing market during the forecast period. The growing emphasis on seed quality and uniformity to improve crop yields and performance has increased the demand for precision grading equipment. Graders assist in the elimination of contaminants, damaged seeds, and extraneous materials, ensuring that only high-quality seeds are planted, resulting in increased germination rates and crop productivity.

 

Regional Segment Analysis of the Global Seed Processing Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

 

North America is anticipated to hold the largest share of the global seed processing market over the predicted timeframe.

 

Get more details on this report -

Request Free Sample PDF

North America is anticipated to hold the largest share of the global seed processing market over the predicted timeframe. It is mainly fueled by beneficial agro-economic conditions, uniformity in terms of development level and farmer profile, and a diverse variety of agro-climatic zones and crop types. The U.S. and Canadian markets are working to solve the growing challenge of utilizing natural resources while managing rising labor costs. Treated seeds are positioned to contribute to efforts to address the above-described difficulties due to their high production while lowering the use of agrochemicals. Furthermore, the broad use of advanced treatment technologies helps to strengthen the region's market position. Furthermore, farmers and agribusinesses in North America are investing in research and development (R&D) to improve treatment procedures, which represents another important growth driver. Aside from that, the establishment of strict restrictions to ensure that only high-quality, treated seeds are used strengthens the region's reputation for competence in treatment techniques. Furthermore, demand for sustainable agriculture techniques that reduce the need for chemical pesticides and fertilizers is driving market expansion.

 

Asia Pacific is expected to grow at the fastest pace in the global seed processing market during the forecast period. The regional production outlook for commodities including wheat and rice remains favorable. Pesticide-treated seeds are used to boost crop output, even on marginal terrain with little agricultural inputs. Furthermore, the prevalence of chemical insecticides and pesticides in the region necessitates biological treatment with a lower risk of exceeding minimal residue levels. In addition, the region is expected to make significant contributions to the global organic agriculture sector. The agriculture industry is critical to individual livelihoods and global economic stability. Crop demand and consumption for food, feed, and fuel are on the rise, necessitating an increase in crop yields. The introduction of biodegradable seed coverings is likely to create considerable potential possibilities for leading market participants.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global seed processing market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

• AGCO Corporation
• Alvan Blanch Development Company Ltd.
• BASF SE
• Bayer AG
• Centor Group
• Chromatech Incorporated
• Clariant AG
• Croda International PLC
• Germains Seed Technology by ABF Grain Products Limited
• Lanxess AG
• Nufarm Limited
• PETKUS Technologie GmbH
• Sensient Technologies Corporation
• Syngenta AG
• Others

 

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

 

Recent Developments

 

• In August 2022, BASF and Poncho Votivo established a relationship with the Field of Dreams Movie Site, a well-known cornfield in the United States. Poncho Votivo's broad-spectrum pest control and excellent nematode protection result in better harvests.

 

• In May 2020, Syngenta Canada announced a new Pelta seed pelleting innovation for canola, enabling to optimize seed size and consistency, allowing for better singulation planter performance.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global seed processing market based on the below-mentioned segments: 

 

Global Seed Processing Market, By Type

• Seed Treatment
• Seed Coating Material

 

Global Seed Processing Market, By Crop Type

• Cereals & Grains
• Oilseeds & Pulses
• Vegetables
• Flowers & Ornamentals

 

Global Seed Processing Market, By Equipment

• Cleaners
• Gravity-separators
• Graders
• De-stoners

 

Global Seed Processing Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa