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Seed coating market is projected to reach USD 3.1 billion by 2028, with a robust CAGR of 8.5%

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MarketsandMarkets™
Seed coating market is projected to reach USD 3.1 billion by 2028, with a robust CAGR of 8.5%

In 2023, the global seed coating market, valued at USD 2.0 billion, is undergoing significant expansion, projected to reach USD 3.1 billion by 2028, with a robust CAGR of 8.5%, as reported by MarketsandMarkets. This agri-tech innovation is reshaping agriculture, delivering benefits such as enhanced seed germination, seedling vigor, and increased crop yields.


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The film coating process emerged as the frontrunner within the seed coating market in 2022, securing the highest market share. Renowned for its simplicity and cost-effectiveness, film coating is a preferred technique among growers, minimizing seed bridging in planters and providing a time-efficient and user-friendly application. This method, involving polymer coatings on seeds, finds extensive use in various crops, particularly cereal crops, oilseeds, and pulses worldwide.


Continuous advancements in materials used in the film coating process drive the escalating demand for this technique. Innovations focus on improving biodegradability and expanding the range of active ingredients deliverable to seeds. This shift towards more biodegradable materials aligns with the industry's sustainability goals, offering opportunities for broader applications in diverse agricultural settings.


In the Asia Pacific region, China emerges as the catalyst for seed coating adoption, with farmers embracing the technology to enhance crop quality, increase yields, and reduce reliance on pesticides. Serving as a protective shield, seed coating safeguards seeds against pests, diseases, and weeds, enhancing germination rates and seedling robustness.


Crucially, the Chinese government actively supports seed coating technology, unveiling a policy document in 2021 through the Ministry of Agriculture and Rural Affairs (MARA). This document outlines robust support for the seed coating industry, including increased investment in research and development, expanded subsidies for seed coating products, and encouragement for widespread adoption among farmers—an essential governmental endorsement of this transformative agricultural practice.


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Leading the seed coating market are key players such as BASF SE (Germany), Solvay (Belgium), Croda International Plc (UK), CLARIANT (Switzerland), DSM (Netherlands), Sensient Colors LLC (US), BrettYoung (Canada), Milliken (US), Precision Laboratories, LLC (US), and Germains Seed Technology (UK). These industry giants play a pivotal role in shaping the landscape, driving innovation, and fostering sustainable practices in seed coating technology.

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