January 29th, 2022
Seed Coating Market
GMI Research interprets that the Seed Coating Market will experience a compound annual growth rate of 8.70% over the period of analysis (2022-2029). The application of superior quality seeds, easy management, and more protection from pests and diseases will steer the market growth.
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Seed Coating Market Dynamics
The remarkable expansion in the seed coting market is attributed to the growing demand for vegetables, oils, and grains, and the decrease in fertile land. Thus, this reducing arable land has persuaded individuals to choose for superior seeds to raise their crop yield. Also, the intensified emphasis on prevent crops from diseases and pests has stimulated the seed coating market size. Moreover, the end-users have become more conscious about the advantages of seed coatings, such as effective planting, ease of management, enhanced crop yield, and reduced environmental impacts. The seed coating market research asserts that the prime aim of any seed treatment is to improve seed coating and crop development, thereby promoting market growth. Besides this, the surging demand for exclusive seeds is another factor promoting the market growth.
Additive Type Segment Analysis
By additive type, the polymer segment is projected to experience a sturdy boom during the forecast period. The extensive application of polymers on a large scale because of their operational features to enhance the nutritional value of seeds and improve their appearance is a prime force complementing the market growth.
Based on the regional analysis, the North America region will experience a robust expansion over the forecast period. The rising demand for cereals, grains, oilseeds, and pulse, primarily used in the food and feed industries has steered the market growth. Moreover, the strategic trade and price support systems by the government bodies have encouraged the exchange of cereals and oilseeds, primarily in the U.S.
About GMI Research
GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
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