The global seed processing market size reached USD 10.10 Billion in 2020 and is expected to register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. This steady market revenue growth can be attributed to increasing use of seed processing methods in order to meet rising demand for high-quality seeds in the agriculture sector. High moisture content in seeds requires use of seed processing in order to dry seeds to obtain a safe moisture level. Rising need to remove undesirable materials, unwanted seeds of other crops, and deteriorated or damaged seeds has been boosting demand for seed processing and conditioning globally. These methods also helps improve agricultural productivity. Processors are increasingly utilizing seed processing methods to reduce heterogeneity in seeds caused by variability of the soil in terms of its chemical, physical, and biological properties.
The latest report titled ‘Global Seed Processing Market,’ published by Emergen research, provides the reader with a comprehensive view of the global Seed Processing industry, acquainting them with the latest market trends, industry insights, and market share. The report provides an in-depth investigation of the global market, largely focusing on each segment and sub-segment of the Seed Processing market. The market forecasts included in the report are performed by our team of experts and are of great significance as they provide deep insights into various crucial industry parameters. These facts and figures help readers evaluate the global market growth, production, and consumption rates, volatility in demand and product prices, and upcoming market trends over the projected period. The market research report contains significant details on the global Seed Processing market value based on market dynamics and various growth factors.
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Some Key Highlights In The Report
- In July 2020, Bayer entered into a partnership with Prospera Technologies Inc., which is a leading company in the fields of Artificial Intelligence and data analytics specialized in machine learning. Bayer aims to develop integrated digital solutions for greenhouse vegetable growers with the help of Prospera Technologies.
- The cereals & grains segment accounted for largest market share in 2020. High-quality seeds with maximum germination potential are obtained by using seed processing methods. This factor is driving the use of seed processing methods for production of cereals and grains.
- Seed treatment segment revenue is expected to expand at a rapid CAGR during the forecast period. Rising need to improve germination of seeds and to increase agricultural productivity and yield are key factors driving revenue growth of this segment.
- Gravity separators segment accounted for a significantly high revenue share in the seed processing market in 2020. Unwanted crop seeds can be removed with the help of gravity separators, and this is a growing requirement among processing facilities and farmers, and is a major factor expected to drive revenue growth of this segment during the forecast period.
However, the report takes into account the current COVID-19 impact on the global economy and this particular business sector. The global Seed Processing market growth has been extensively hampered by the current economic situation triggered by the COVID-19 pandemic. The pandemic has led to some devastating effects on the global economy, besides disrupting the functioning of the Seed Processing industry. It offers an exhaustive analysis of the present and future effects of the pandemic on this business sphere. Moreover, the adverse effects of the coronavirus pandemic on the global Seed Processing market, as well as its fundamental segments, have also been elucidated in this report.
Major Players/Manufacturers profiled in the report are:
Bayer Cropscience, Lanxess, BASF, Syngenta, Corteva Agriscience, Nufarm, Incotec, Clariant, CIMBRIA, and Sensient Technologies
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For better understanding, the report further divides the market into key segments such as product types and application spectrum. The report also offers estimates about the segment and sub-segment expected to grow at a rapid pace and the key factors expected to drive revenue growth of the segments during the forecast timeline of 2020-2028.
Emergen Research has segmented the global seed processing market on the basis of crop type, processing type, equipment, and region as follows:
Crop Type Outlook (Revenue, USD Billion; 2018–2028)
- Oilseeds & Pulses
- Flowers & Ornamentals
- Cereals & Grains
- Vegetables
- Others
Type Outlook (Revenue, USD Billion; 2018–2028)
- Seed Coating Material
- Seed Treatment
Equipment Outlook (Revenue, USD Billion; 2018–2028)
- Gravity Separators
- Cleaners
- Graders
- Seed Treatment
- De-stoners
- Dryers
- Others
The regional analysis states the global market is bifurcated into North America, Europe, Latin America, Asia-Pacific, and Middle East & Africa. The report also covers import export consumption, supply and demand ratio, cost, pricing analysis, gross margin, and revenue estimation of each player in each region. The report also offers a country-wise analysis of the key regions to offer a better understanding of the global market.
Regional Segmentation Covers:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of Europe)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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The report further sheds light on the strength, weaknesses, opportunities, and threats faced by the companies in the global Seed Processing market and additionally measures the feasibility and investment return analysis in the report. Furthermore, the report is furnished with the latest impact of the COVID-19 pandemic on the market and covers the initial and future assessment of the COVID-19 impact on the market. The report is a qualitative and quantitative assessment of the global Seed Processing market that has been formulated by extensive primary and secondary research with the data further validated from industry experts and professionals.
Key Reasons to Buy This Report:
- The report presents a thorough examination of the Seed Processing market, elaborating on its core segments. The report conducts historical and future assessments of the market dynamics and offers precise data in a well-organized order.
- The report evaluates the most prominent market growth potentials, dynamic market trends, driving factors, restraints, investment opportunities, and threats.
- The report is inclusive of an in-depth study of the industry variables, manufacturers’ value chain, sales volume, market share, competitive landscape, and effective business tactics.
- The report further identifies the key regions and segments dominating the market. These regions are foreseen to register fast-paced growth over the forecast duration.
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Thank you for reading our report. To inquire about customization or any query about the report, please get in touch with us. Our team will make sure the report is best suited to your needs. Emergen Research also offers a country-wise customized report as per clients’ needs.
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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