Key Market Insights

“Trends of coating that allows the growth of crops in salty soil uplifts the market growth”

The seed coating market is expected to grow at a CAGR of 8.3% during the forecast period from 2025 to 2033, starting from US$ 1.7 Bn in 2020.

Increasing crop spoliation and declining seed germination rates owing to the robust change in climatic condition has triggered the seed coatings acceptance around the globe. The increasing research and development activities by the various government in the field of agriculture is further expected to support the demand for seed coating market. As per the report published in The World Economic Forum by Massachusetts Institute of Technology researched a new silk treated coating. The new silk treated coating is capable to germinate in the unproductive soil by supplying essential nutrients to the germinated plants. The new silk coating is treated by bacteria that naturally produces nitrogen fertilizers. Thereby, it supports market growth.

Numerous benefits derived from seed technologies such as larger seedlings, improved uniformity, quick speed of emergence and others are expected to drive the market during the forecast period. In addition, Agricultural productivity support provides by seed coatings on marginal lands is expected to drive the market growth. Growing seed replacement rate is another factor projected to uplift the market. However, uncertainty in climatic conditions and low yield crops in under irrigated areas are expected to hinder the market growth over the forecast period.

Active Ingredients Analysis

“Loss in agricultural yield supports the market growth”

In 2021 protectants holds the largest share in the seed coating market and expected to continue its dominance during the forecast period. As per the research study, it is estimated that about 10-15% of the world's agricultural production is lost annually, out of which 8% production is lost due to insect infestation every year is one of the key factors driving the growth of the market.

Consumers are more inclined towards using biological seed protectants as alternatives to chemical seed treatment and protection. Additionally, the role of agriculture is considered to prime in developing countries such as India, where GDP and population depends on agriculture, increases the demand for seed protection products. Thereby, increases the demand of the segment.

Regional Analysis

“Development of seed related technology in the North America region drives the growth of the market”

North America dominated the seed coating market in 2021 and projected to grow at a significant rate during the forecast period. The U.S. seed treatment market is estimated to be more than 3.4 billion by the year 2025. Thereby, increases the demand for the seed coating market in the North America region. Moreover, the rising development of seed technology in the region supports the dominance of the seed coating market in North America.

“Europe is expected to grow at a considerable rate during the forecast period”

Europe accounted for a substantial share in the market in the year 2021 due to the rising demand for eco-friendly seeds and growing agriculture industry. Growing demand for organic farming is another factor uplifting the growth of the market. Moreover, Italy and Spain are up-to-date in organic farming techniques with around 1.97 million hectares.

List of Companies Covered:

Bayer AG
Clariant AG
Globachem
Organic dyes and Pigments
Cistronics Technovations Pvt. Ltd.
Brett Young Seeds Ltd.
Milken Chemicals
Precision Laboratories
Chromatech Incorporated
CR Minerals
Croda International PLC

Key Industry Developments:

In December 2020, BASF launched two new products in its product portfolio of soybean seed treatment. The the Abvius Plus Fungicide seed treatment aims at growing emergence and healthy plants and the Vault IP Plus seed treatment benefits the soybean growers by delivering protection and root inoculation. Moreover, the products deliver four-way disease protection thereby, protects the soybean crops.
In June 2019, Incotec, a seed enhancement company launched three new film coats for corn crops. By the launch of these films the company aims to meet the needs of customers for effectively dealing with major corn crop issues such as dust-off and abrasion.

Historical & Forecast Period

This study report represents analysis of each segment from 2023 to 2033 considering 2024 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2025 to 2033.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Seed Coating market are as follows:

Research and development budgets of manufacturers and government spending
Revenues of key companies in the market segment
Number of end users and consumption volume, price and value.
Geographical revenues generate by countries considered in the report
Micro and macro environment factors that are currently influencing the Seed Coating market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

ATTRIBUTE	DETAILS
Research Period	2023-2033
Base Year	2024
Forecast Period	2025-2033
Historical Year	2023
Unit	USD Billion
Segmentation
	Materials Polymers Colorants Pellet Binders Others (Minerals, Anti-Foaming Agents, Solvents, etc.)
	Crop Type Vegetables Flowers Pulses and Oilseeds Grains & Cereals Others (Forage Grasses, Turf & Ornamental, etc.)
	Active Ingredients Protectants Phytoactive Promoters Others (Inoculants and Adjuvants)
	Region Segment (2023-2033; US$ Billion) North America U.S. Canada Rest of North America UK and European Union UK Germany Spain Italy France Rest of Europe Asia Pacific China Japan India Australia South Korea Rest of Asia Pacific Latin America Brazil Mexico Rest of Latin America Middle East and Africa GCC Africa Rest of Middle East and Africa

Key questions answered in this report

What are the key micro and macro environmental factors that are impacting the growth of Seed Coating market?
What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
Estimated forecast and market projections up to 2033.
Which segment accounts for the fastest CAGR during the forecast period?
Which market segment holds a larger market share and why?
Are low and middle-income economies investing in the Seed Coating market?
Which is the largest regional market for Seed Coating market?
What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
Which are the key trends driving Seed Coating market growth?
Who are the key competitors and what are their key strategies to enhance their market presence in the Seed Coating market worldwide?