Global Seed Coating Market: Set to attain USD4.287 billion by 2025 from USD2.686 billion
Knowledge Sourcing Intelligence announces the publication of a new report on “Global Seed Coating Market – Forecasts from 2020 to 2025" to their offering.
Seed Coating is referred to as the practice of covering seeds using external materials for improving product handling and providing protection to seeds. This further assists in improvements in seed germination and plant establishment leading to enhancing yields.
According to the report, the Global Seed Coating Market is estimated to grow at a CAGR of 8.10% over the forecast period 2019-2025.
The growing global food demand is creating the need for improving crop yields through the utilization of seed treatment technologies, contributing to fueling the market growth during the forecast period.
According to the Australian Government Department of Agriculture, Fisheries, and Forestry, it has been predicted that the real global agrifood demand is estimated to rise in 2050 accounting to be 77% higher than recorded in 2007. This further accounts for average growth of around 1.3% annually over the projected time period. The demand id predicted to rise mostly in the Asian regions of the world, where the agricultural food demand is projected to rise by two-folds during the time period, 2007-2050. For the other areas of the world, the agri-food demand is expected to surge by over 40%. China from the APAC region is accounted for holding around 43% in the predicted global demand increase. On the other hand, India will contribute around 13% of the estimated global increase in demand. This increase in global demand for food is attributed to the rising global population. Also, with the evolving dietary patterns of individuals worldwide, the demand for consuming high-value added products along with the rising income has also significantly increased. This has further contributed to surge in the demand for innovative seed treatment technologies like seed coating that provide protection to a wide variety of seeds, further leading to enhancements in crop yields, fueling the market growth during the forecast period.
Significant innovations resulting in the development of advanced seed coating solutions is further augmenting the market growth during the forecast period.
The innovative seed coating solutions by Amulix® seed coating offers a biodegradable, starch-based seed coatings, it has a lower carbon footprint compared to the oil-based coatings. Through a unique and proprietary processing technology, the innovation is capable of converting waste material into high-performance seed coating in order to fulfill the sustainable demand of the current agriculture industry. This seed coating technology emerged as a result of a joint venture, DSM-Amulix and helps in raising performance across the following areas as follows: contributes to high seed performance as it does not contain toxic ingredients and due to having better compatibility with the seed skin, the technology is capable of delivering positive effects at the time of germination process. The technology is considered safe for seed as it ensures a low dust-off, in addition, it is safe for the environment and the people dealing with it. The Amulix technology is highly compatible with several plant protection products, biologicals, and microbes. Furthermore, the seed coatings are easier while application, the coating adheres to the seeds and not to the coating machine. Hence, this further contributes to the easy and fast cleaning of the coating instrument. Additionally, Amulix® seed coatings are comparatively fast in drying and are dependent on dose rate, also, it requires less or no artificial heating to dry the seat coating, in comparison to the traditional seed coating solutions. The fast-drying process leads to lower energy consumption and stress on seeds, and enhances the production capacity.
The major players covered as part of the report areBASF SE, Clariant, and Bayer AG among others.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/global-seed-coating-market
This report has categorized the Global Seed Coating marketon the basis of the following segments
By Seed Coating Type
- Melt Coats
- Split Coats
By Seed Coating Ingredients
- Active Ingredients
- Soil Adjuvant
- Phytoactive Promoters
- Colours & Tracers
- Cereals and Grains
- Turf Grass
- North America
- South America
- United Kingdom
- Middle East and Africa
- Saudi Arabia
- Asia Pacific
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