Seed Coating Market by Type, Active Ingredients Type, Crop Type

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List of Tables

Seed Coating Market by Type (Polymers, Colorants, Minerals/Pumice), Active Ingredients Type (Protectants, Nutrients, Phytoactive Promoters), Crop Type (Cereals and Grains, Oilseeds and Pulses, Vegetables, Flowers, and Ornamentals) - Global Forecast to 2030

According to the research report titled, 'Seed Coating Market by Type (Polymers, Colorants, Minerals/Pumice), Active Ingredients Type (Protectants, Nutrients, Phytoactive Promoters), Crop Type (Cereals and Grains, Oilseeds and Pulses, Vegetables, Flowers and Ornamentals) - Global Forecast to 2030,' the seed coating market is projected to reach $6.13 billion by 2030, at a CAGR of 9.6% during the forecast period 2023-2030. The report provides an in-depth analysis of the seed coating market across five major regions, emphasizing the current market trends, market sizes, recent developments, and forecasts till 2030.

Following extensive secondary and primary research and an in-depth analysis of the market scenario, the report conducts an impact analysis of the key industry drivers, restraints, opportunities, and trends. The growth of the seed coating market is driven by the growing demand for low-cost crop protection solutions, technological advancements, the rising focus on seed treatment, reduction in arable lands, the need to increase agricultural productivity, rising demand for low-cost alternatives to hybrid and genetically modified seeds and increasing farmers' preference for seed-enhancing products. However, stringent, and non-standardized regulatory framework, restrictions on the use of neonicotinoids, the limited shelf life of treated seeds, and the lower awareness about seed coating technology among growers in developing countries may restrain market growth.

Moreover, the emergence of biodegradable seed coatings is expected to create market growth opportunities. However, the complex process of the seed film coating and financial hurdles for new entrants pose a significant challenge to the market's growth.

The key players operating in the seed coating market are BASF SE (Germany), Bayer AG (Germany), Chromatech Incorporated (Netherlands), Cistronics Innovations Pvt. Ltd. (India), Clariant International Ltd. (Switzerland), Croda International Plc. (U.K), Germains Seed Technology (U.S.), Milliken & Company (U.S.), and Precision Laboratories, LLC (U.S.).

Based on material type, the seed coating market is segmented into polymers, colorants, minerals/pumice, and other material types. In 2023, the polymer segment is expected to account for the largest share of the seed coating market. The large market share of this segment is primarily attributed to the growing demand for polymers in seed coating due to their ability to enhance the seed germination process and provide protection against pests, diseases, drought, and adverse soil conditions. Moreover, the high acceptance of seed-coating polymers is attributed to their low viscosity and water-based nature, which promotes faster seed germination. Seed-coating polymers keep seeds damp/moist, provide an unwavering temperature, and suppress seeding stress from drying field conditions.

Based on active ingredients type, the seed coating market is segmented into protectants, nutrients, phytoactive promoters, and other active ingredients. In 2023, the protectants segment is expected to account for the largest share of the seed coating market. The large market share of this segment is primarily attributed to the growing incidence of soilborne pests and diseases and the need for a safe and controlled application of plant protectants. Seed coating is an effective carrier of plant protectants such as pesticides. In addition, the application of plant protectants through the seed coating provides benefits such as precise placement on the target, minimum toxicant requirements and impact on the environment, and minimum exposure to wildlife and beneficial organisms.

Based on crop type, the seed coating market is segmented into cereals & grains, oilseeds & pulses, vegetables, flowers and ornamentals, and other crop types. In 2023, the cereals & grains segment is expected to account for the largest share of the seed coating market. The large market share of this segment is attributed to the growing need to increase cereal & grain production, minimize cereal & grain loss due to pests and diseases, and the increasing use of cereal & grains in animal feed, biofuel, and starch & ethanol production.

An in-depth geographic analysis of the industry provides detailed qualitative and quantitative insights into the five major regions (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa) and the coverage of major countries in each region. Asia-Pacific is expected to register a rapid growth rate during the forecast period of 2023-2030 due to the rising demand for high-yield crop products and growing support from various organizations & governments to enhance crop productivity in several countries.

Key Questions Answered in the Report-

What is the current revenue generated by the seed coating market globally?
At what rate is the seed coating demand projected to grow for the next 5-7 years?
What are the historical market sizes and growth rates of the seed coating market?
What are the major factors impacting the growth of this market at the regional and country levels? What are the major opportunities for existing players and new entrants in the market?
Which segments, in terms of material type, active ingredients type, and crop type, are expected to create traction for the manufacturers in this market during the forecast period 2023-2030?
What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the seed coating market?
Who are the major players in the seed coating market? What are their specific product offerings in this market?
What are the recent strategic developments in the seed coating market? What are the impacts of these strategic developments on the market?

Scope of the Report:

Seed Coating Market Assessment-by Material Type

Polymers
Polymer Gels
Superabsorbent Polymer Gels
Colorants
Minerals/Pumice
Other Material Types

Seed Coating Market Assessment-by Active Ingredients Type

Protectants
Nutrients
Phytoactive promoters
Other active ingredients

Seed Coating Market Assessment-by Crop Type

Cereals & Grains
Corn
Wheat
Other cereals and grains
Oilseeds & Pulses
Vegetables
Flowers and Ornamentals
Other Crop Type

Seed Coating Market Assessment-by Geography

North America
U.S.
Canada
Europe
Germany
Spain
France
U.K.
Russia
Rest of Europe (RoE)
Asia-Pacific (APAC)
China
Japan
India
Australia
Rest of Asia-Pacific (RoAPAC)
Latin America
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa

Product Code: MRAGR - 104737

1. Introduction

1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency
1.4. Key Stakeholders

2. Research Methodology

2.1. Research Approach
2.2. Data Collection & Validation
- 2.2.1. Secondary Research
- 2.2.2. Primary Research
2.3. Market Assessment
- 2.3.1. Market Size Estimation
  - 2.3.1.1. Bottom-up Approach
  - 2.3.1.2. Top-down Approach
  - 2.3.1.3. Growth Forecast
2.4. Assumptions for the Study
2.5. Limitations for the Study

3. Executive Summary

3.1. Introduction
3.2. Segment Analysis
- 3.2.1. Seed Coating Market, by Material Type
- 3.2.2. Seed Coating Market, by Active Ingredients Type
- 3.2.3. Seed Coating Materials Market, by Crop Type
3.3. Seed Coating Market: Regional Analysis
3.4. Market Competitors

4. Market Insights

4.1. Introduction
4.2. Drivers
- 4.2.1. Growing Demand for Low-Cost Crop Protection Solutions
- 4.2.2. Rising Focus on Seed Treatment
- 4.2.3. Reduction in Arable Lands and the Need to Increase Agricultural Productivity
- 4.2.4. Increasing Demand for Low-Cost Alternatives to Hybrid and GM Seeds
- 4.2.5. Increasing Farmers' Preference for Seed-Enhancing Products
4.3. Restraints
- 4.3.1. Stringent and Non-Standardized Regulations
- 4.3.2. Restriction on the Use of Neonicotinoids
- 4.3.3. Limited Shelf Life of Treated Seeds
- 4.3.4. Lower Awareness About Seed Coating Technology Among Growers
4.4. Opportunities
- 4.4.1. Emergence of Biodegradable Seed Coatings
4.5. Challenges
- 4.5.1. Complexity Process of the Seed Film Coating
- 4.5.2. Financial Hurdles for New Entrants
4.6. Trend
4.7. The Impact of Covid-19 on the Seed Coating Market

5. Global Seed Coating Market, by Material Type

5.1. Introduction
5.2. Polymers
- 5.2.1. Polymer Gels
- 5.2.2. Superabsorbent Polymer Gels
5.3. Colorants
5.4. Minerals/Pumice
5.5. Other Material Types

6. Global Seed Coating Market, by Active Ingredients Type

6.1. Introduction
6.2. Protectants
6.3. Nutrients
6.4. Phytoactive Promoters
6.5. Other Active Ingredients

7. Global Seed Coating Market, by Crop Type

7.1. Introduction
7.2. Cereals & Grains
- 7.2.1. Corn
- 7.2.2. Wheat
- 7.2.3. Other Cereals & Grains
7.3. Oilseeds & Pulses
7.4. Vegetables
7.5. Flowers and Ornamentals
7.6. Other Crop Type

8. Seed Coating Market, by Geography

8.1. Introduction
8.2. North America
- 8.2.1. U.S.
- 8.2.2. Canada
8.3. Europe
- 8.3.1. Germany
- 8.3.2. Spain
- 8.3.3. France
- 8.3.4. U.K.
- 8.3.5. Russia
- 8.3.6. Rest of Europe (RoE)
8.4. Asia-Pacific
- 8.4.1. China
- 8.4.2. Japan
- 8.4.3. India
- 8.4.4. Australia
- 8.4.5. Rest of Asia-Pacific (RoAPAC)
8.5. Latin America
- 8.5.1. Brazil
- 8.5.2. Argentina
- 8.5.3. Mexico
- 8.5.4. Rest of Latin America (RoLATM)
8.6. Middle East & Africa

9. Competitive Landscape

9.1. Introduction
9.2. Key Growth Strategies
9.3. Market Share Analysis, by Key Players, 2024
9.4. Competitive Benchmarking of Key Players

10. Company Profiles (Business Overview, Financial Overview, Product Portfolio, and Strategic Developments)

10.1. BASF SE
10.2. Bayer AG
10.3. Chromatech Incorporated
10.4. Cistronics Innovations Pvt. Ltd.
10.5. Clariant International Ltd
10.6. Croda International Plc
10.7. Germains Seed Technology
10.8. Milliken & Company
10.9. Precision Laboratories, LLC

11. Appendix

11.1. Questionnaire
11.2. Available Customization