The global seed coating market is projected to surge at a CAGR of 8.10% to reach a market size of US$4.287 billion in 2025 from a market size of US$2.686 billion in 2019.The growing demand for accelerating seed performance is driving the growth of the global seed coating industry in the forecast period. This will further contribute to overcoming the challenges where concerns regarding feeding an increasing global population are prevalent. Hence, the seed coating technology is paving way for s Read more...
The biological seed treatment market is evaluated at US$747.832 million for the year 2019 growing at a CAGR of 11.43% reaching the market size of US$1,595.283 billion by the year 2026. Biological seed treatment refers to the application of biological agents for the protection of seeds against harmful organisms. The growing preference for organic food among individuals as a result of the increased awareness regarding the health benefits of consuming organic food is anticipated to be one of the Read more...
The vegetable seeds market was valued at US$6.114 billion in 2018 and is projected to expand at a CAGR of 6.22% over the forecast period to reach US$8.782 billion by 2024.The demand for Vegetable Seeding is increasing on account of rising demand for nutritional vegetables along with growing focus on agricultural activities. Further, rising health consciousness amongst the population is leading to increased consumption of vegetables owing to the nutritional benefits of vegetables which in turn Read more...
Grain protectants market is projected to grow at a CAGR of 4.09% to reach US$627.118 million by 2024, from US$493.110 million in 2018. Growing need to reduce grain losses during storage is the major driver of grain protectants market. Farmers are increasingly demanding grain protectants to reduce grain loss while getting better prices for their produce. However, stringent regulations regarding maximum residue levels (MRLs) is restraining the growth of grain protectants market. On the basis of Read more...
The rice seed market is projected to grow at a CAGR of 6.53% to reach US$13.053 billion by 2024, from US$8.931 billion in 2018. Rice seeds are produced from a species of grass known as Oryza sativa (Asian rice) or Oryza glaberrima (African rice) and is expected to foresee a growth at a steady rate due to the increase in the global rice production, growing awareness regarding the effect of commercial seed on the rice yield and the increasing technological advancements in rice breeding techniqu Read more...
The global chemical seed treatment market is valued at US$3.957 billion in 2018 and is projected to reach US$5.868 billion in 2023 exhibiting a CAGR of 8.20% during the forecast period. Growing population has resulted in a phenomenal increase in food demand across the globe. The advancement in crop science techniques is driven by the inadequate food supply. The sector is experiencing robust adoption of smart crop techniques at low cost owing to deteriorating climatic conditions and increasing Read more...
Oilseed processing market is projected to witness a compound annual growth rate of 5.15% over the forecast period to grow to US$210.836 billion in 2025, from US$156.008 billion in 2019. The market is primarily driven by the rising demand for oilseed-based processed products. Rapid urbanization coupled with growing purchasing power and concerns about health and fitness among consumers drive the demand for oilseed processed products. Moreover, growing livestock industry owing to rising demand f Read more...
Global seed market is projected to witness a CAGR of 7.04% during the forecast period to reach a market size of US$108.05 billion by 2023, increasing from US$71.85 billion in 2017. Growing global population and scarcity of resources such as land and water is leading to growing global food insecurity which is the major driver of the global seed market. Rising investments in R&D and agricultural sector have led to continuous product innovations, which has further enhanced the market growth. Read more...
The Bt cotton market was valued at US$3.108 billion in 2018 and is anticipated to grow at a CAGR of 5.81% to reach a market size of US$4.362 billion by 2024. Bt cotton plants contain Bacillus thuringiensis that produce cry proteins (crystal insecticidal proteins). These proteins are effective in killing caterpillar pests of cotton such as the larvae of tobacco budworms and bollworms. The growing need for reduction in worker and environmental exposure to chemical insecticides is one of th Read more...
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