The Europe Seed Coating Materials Market size was USD 309.10 Million in 2022 and is anticipated to reach USD 617.89 Million by 2031, expanding at a CAGR of 8% during forecast period, 2023 to 2031. The growth of the market is attributed to the rising demand for coated seeds due to new agricultural skills, growing farmer’s awareness of the lucrative use of seeds, and the increasing requirement for seed treatments, all driving to increased agricultural production.
Seed coating, also known as a seed treatment or seed dressing, is a procedure in which nutrients, repellent agents, and pest control additives are directly placed on seeds to improve their speed performance. The seed is protected from infections as a result of this procedure. These materials can shield seeds against excessive heat, wetness, and cold, which can help the seed's capacity to grow into a healthy plant.
Seed coating promotes fast multiplication and timely crop production at lower costs. Seed coating is beneficial to both the ecosystem and the appearance of the seeds. Seed coating is used to ensure quick multiplication and timely delivery of crops at a reasonable price.
The European seed industry has developed a technique to ensure that seeds are treated safely against pests and diseases while using fewer chemicals. The European Seed Treatment Assurance Scheme (ESTA) provides complete support, from seed washing to field application of treated seeds. ESTA certifies and ensures that only seeds that match agreed-upon quality criteria are released onto the market. It is more cost-effective and environmentally friendly in terms of public health because it contains a lesser amount of chemical and active ingredients.
Seed Coating Materials Market Trends, Drivers, Restraints, and Opportunities
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Multicomponent products, minimal seeding rate, high production per acre are all projected to propel the market growth during the forecast period.
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Accepting hybrid and genetically modified crops, as well as novel agricultural practices are anticipated to boost the market expansion in the coming years.
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Increasing awareness of commercial seed usage, that results in greater value of seed protective coating is estimated to fuel the market growth during the forecast period.
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Difficulties of getting a homogeneous coating on the seed and the loss of material that occurs during shipping and processing are expected to restrict the market expansion.
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Seed coating guidelines, volatility in climatic conditions, and unorganized new entrants with low profit-to-cost proportions are all significant barriers to the seed coating materials market's growth.
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Biodegradable seed coverings are being developed to decrease pollution, and untapped potential in the region provides attractive growth opportunities.
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Low investment in the farming industry is projected to create significant opportunities for the market players
Scope of Seed Coating Materials Market Report
The report on the Europe seed coating materials market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Seed Coating Materials Market - Europe Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Ingredients (Binders, Colorants, and Polymers), Applications and (Fruits & Vegetable Seeds, Oilseed Seeds, Grains and Cereal Seeds, and Others)
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Geographies
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United Kingdom, Germany, France, Spain, Russia, and the Rest of Europe
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Mahendra Overseas; Incotec Group Bv; Germains Seed Technology; Croda International PLC; Clariant International Ltd; Chromatech Incorporated; Chemtura Corporation; Bayer CropScience AG; and BASF SE
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Europe Seed Coating Materials Market Segment Insights
Polymers segment is projected to constitute a large market share
Based on ingredients, the Europe seed coating materials market is divided into binders, colorants, and polymers. The polymers segment is expected to account for a key share of the market during the forecast period due to its increased effectiveness in improving plant ability, seed durability, ability to improve the nutritional value of seeds while also improving their look.
Grains and Cereal Seeds segment is expected to expand at a significant pace
On the basis of applications, the market is segmented into fruits & vegetable seeds, oilseed seeds, grains and cereal seeds, and others. The grains and cereal seeds segment is expected to hold a key share of the market in the coming years owing to the higher intake of cereals and grains has demanded an increase in crop production volume, which drives the seed coating market.
Germany is expected to dominate the market
On the basis of geographies, the Europe seed coating materials market is classified as United Kingdom, Germany, France, Spain, Russia, and the Rest of Europe. Germany is anticipated to dominate the market at an impressive CAGR during the forecast period. The geographic market growth can be attributed to farmer’s demand for treated seeds is increasing as a result of an increased understanding of the benefits of treated seeds.
Segments
The Europe seed coating materials market has been segmented based on
Ingredients
- Binders
- Colorants
- Polymers
Applications
- Fruits & Vegetable Seeds
- Oilseed Seeds
- Grains and Cereal Seeds
- Others
Regions
- United Kingdom
- Germany
- France
- Spain
- Russia
- The Rest of Europe
Key Players
Competitive Landscape
Key players competing in the Europe seed coating materials market are Mahendra Overseas; Incotec Group Bv; Germains Seed Technology; Croda International PLC; Clariant International Ltd; Chromatech Incorporated; Chemtura Corporation; Bayer CropScience AG; and BASF SE. Some of these players are adopting several market strategies including acquisitions, mergers, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares.
