Segments - Seed Coating Ingredients Market by Active Ingredient (Phytoactive Promoters, Microbial Inoculants, Protectants, and Others), Manufacturing Process (Pelleting, Encrusting, and Film Coating), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
The global seed coating ingredients market size was USD XX Mn in 2022 and is likely to reach USD XX Mn by 2031, expanding at a CAGR of XX% during 2023–2031. Rising demand for high crop yield is expected to drive the market during the forecast period.
Seed coating is used for crop establishment, including healthy seed germination and protection against soil-borne and seed-borne diseases. Seedlings are protected from various pests with the help of some active ingredients. Usage of some components and ingredients, such as symbiotic microorganisms, soil adjuvants, plant growth regulators, germination promoters, and color, improves the distribution of protectants.
Seed coating techniques involve some fillers and binder, which act as a carrier. Bio-based seed coating refers to the availability of plant nutrients in roots, which aids in the improvement of crop yield and restrains the use of agrochemicals.
Artificial coating has been proven to achieve increased food quality and crop yields. Active ingredients are required in minimum quantities, due to the limited surface area. Plant-beneficial microorganisms are also added to seed coating. This process effectively controls early seed diseases to a large extent. Other ways to curb seed-borne diseases include genetically modified (GM) seeds; however, GM seeds are costlier than seed coatings.
The research report finds that the COVID-19 pandemic affected several industries, including the seed coating ingredients market. Government bodies took some preventive measures to curb the outbreak of the pandemic, which disrupted the supply chain and production cycle. Key market players are finding solutions to address supply chain challenges.
Increasing concerns regarding productivity, crop protection, and yield is projected to boost the market during the forecast period. Seed coating protects seeds from harmful insects and extreme weather conditions. It reduces labor costs, increases yields, and enhances germination by allowing them to mature when the weather conditions are favorable.
Seed coating technologies offer protection from several diseases and pests. It provides optimum conditions and nutrients until the seeds germinate. Coated seeds germinate more rapidly than uncoated seeds. Polyethylene glycol and chitosan mediated film seeds are considered as fast germinating seeds and indicate vigorous plant growth.
Low awareness about the seed coating technology among farmers and the limited shelf life of treated seeds are expected to hamper the market expansion in the coming years. Moreover, the stringent regulatory framework and limitations on the use of neonicotinoids are anticipated to hinder the market growth. High raw material costs, seed diseases, and critical weather conditions are projected to hinder the market in the coming years.
Seed coating is a cost-friendly solution as compared to fertilizers in farming. It requires minimum material to coat the seed, as the seed has a small surface area. Furthermore, the development of biodegradable seed coatings to reduce environmental pollution is projected to create lucrative opportunities for market players.
European Chemical Agency (ECHA) has ecological concerns regarding the use of oxo-plastics and intentionally added microplastic particles in commercial products. This is increasing the demand for biodegradable seed coatings in the market.
The market report includes an assessment of the market trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Seed Coating Ingredients Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016–2021 |
Forecast Period |
2023–2031 |
Segmentation |
Active Ingredient (Phytoactive Promoters, Microbial Inoculants, Protectants, and Others) and Manufacturing Process (Pelleting, Encrusting, and Film Coating) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast |
Key Players Covered in the Report |
Incotec Group; Chromatech Incorporated; Clariant International; BASF SE; and Bayer CropScience AG |
Based on active ingredient, the market is divided into phytoactive promoters, microbial inoculants, protectants, and others. The microbial inoculants segment is expected to hold a significant share of the market in the coming years, due to increasing demand for enhanced seed performance against pests and insects. The protectants segment accounts for a significant market share, owing to the increased seed durability and controlled seed fertilizers.
In terms of manufacturing process, the market is segmented into pelleting, encrusting, and film coating. The film coating segment is projected to grow at a significant pace in the coming years, as it is a cost-effective way to reduce seed bridging in planters. The pelleting segment is anticipated to expand at a considerable CAGR.
Pelleting is done to increase the size of the seed for easy handling. In pelleting, the seed is enclosed in a filler material using a binding agent or adhesives with bioactive chemicals to ensure the signaling of the seed.
In terms of region, the global seed coating ingredients market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market during the forecast period, owing to the rising demand for disease-resistant and high-yielding crops in the region. The agriculture industry has been mechanized with an integrated system, especially in Canada and the US. Some farmers use animal power while many adopted technologies for cultivation purposes.
The market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period, due to rising investments and support from several organizations and governments to enhance crop productivity in the region. Favorable seed coating regulations, increasing disposable income, and lifestyle changes are driving the market in the region.
The global seed coating ingredients market has been segmented on the basis of
Key players competing in the global seed coating ingredients market are Incotec Group; Chromatech Incorporated; Clariant International; BASF SE; and Bayer CropScience AG. Key market players are focusing on research and development activities to expand their consumer base. For instance,