The global seed coating market is projected to grow at a considerable CAGR of around 8.7% during the forecast period. The high yield demand for different crops including pulses, cereals, oilseed, and fruits and vegetables across the globe is a major factor to drive the growth of the global seed coating market. Seed coating is the practice of applying the exogenous materials onto the surface of seeds to improve its handling characteristics, appearance, and to deliver active compounds (plant growth regulators, microbial inoculants, and micronutrients), to a lesser extent, germination enhancement and plant establishment. The artificial coating of the seeds improves the delivery of protectants, symbiotic microorganisms, soil adjuvants, germination promoters, growth regulators, and colors that results in high yield, which in turn driving its market growth.
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The government of some countries is promoting the use of seed treatment technology to avoid the seeds from the insect, pests, and pathogens. Government support along with increasing investments in agriculture by the public and private firms to encourage the use of modern technologies is further anticipated to accelerate the growth of the market. At present, the farmers are becoming actively aware of the benefits that are offered by the use of genetically modified seeds and hybrid seeds. This is also one of the significant reasons for a growing market for seed coating materials across the globe. However, stringent rules and regulation related to the seed coating in several countries may hinder the growth of the global seed coating market. The advancement in the seed coating technologies is anticipated to offer considerable growth opportunities to the global seed coating market.
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Seed Coating Market Segmentation
By Material Type
- Polymer
- Colorants
- Pellets
- Minerals/Pumice
- Active Ingredients
By Seed Type
- Fruits & Vegetables
- Cereals & Grains
- Oilseeds
- Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
