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. 

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. 

Segmental Outlook  

The seed coating market is segmented on the basis of material type, and seed type. Based on ingredient type the market is sub-segmented into polymers, colorants, pellets, minerals/pumice, and active ingredients. Based on the material type, the polymer is anticipated to major market share during the forecast period. The functional qualities of polymer coating to improve the nutritive value of seeds and enhancement of their color and texture are the key contributors to their high market share.Based on the ingredient type, the polymer is anticipated to hold major market share during the forecast period owing to the higher efficiency of these ingredients to improve the durability of seeds. Based on the seed type, the seed coating market is segmented into fruits & vegetables, cereals & grains, oilseeds, and others. 

Cereals and Grains will be the largest Segment by Crop Type

Based on the crop type, cereal & grains are anticipated to cover major market share in the global seed coating market owing to the high consumption of these crops across the globe. The high consumption of the cereals & grains across the globe has created the requirement of the increased volume of the production of this crop. 

Global Seed Coating Market Share by Crop Type, 2018 (%)

Regional Outlook 

The global seed coating market is further segmented on the basis of geography including North America, Europe, Asia-Pacific and Rest of the World. North America is anticipated to hold a considerable market share in the global seed coating market during the forecast period. The presence of cohesive government regulations in the country related to seed coating technology to improve the yield of seeds is anticipated to make a major contribution towards the high market share of seed coating in North America. 

In the US their exist favorable trade and price support systems to support the import and export of cereals and oilseeds this factor again contribute towards the country’s high market share in the global seed coating market. The existence of the technologically advanced machines in the region is further expected to offer avenues to the market share.North America is followed by Europe and the Asia Pacific is projected to be the fastest-growing market during the forecast period.

Global Seed Coating Market Growth, by Region 2019-2025

Asia-Pacific will Augment with the Significant Growth Rate in the Seed Coating Market 

Asia-Pacific is projected to witness a significant growth rate over the forecast period. The emerging countries of the region such as China, India, and Brazil are growing at a rapid pace owing to the rising domestic demand and industrialization. The increasing population in this region is further creating demand for the high yield crop production that can be gained by the use of the seed coating technology. Therefore, the presence of the increasing population is further anticipated to drive the high growth of the seed coating market in the region. The Indian economy is highly depended on the agriculture sector, therefore, the huge investment by the country in the agriculture sector to offer significant opportunity for the growth of the seed coating market in the region.

Market Players Outlook

The key players of the seed coating market include Bayer AG, BASF SE, Brett Young Seeds, Ltd., Cargill, Inc., Chemtura Agro Solutions (Element Solutions, Inc.), Chromatech, Inc., Sensient Colors LLC, Sumitomo Chemical Co., Ltd., Summit Seed Coatings, and so on. The new product launch and product development are the core focus of these major market players. Moreover, the key players of the seed coating market are actively adopting organic or inorganic market activities to increase their market share. 

The Report Covers

• Market value data analysis of 2018 and forecast to 2025.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global seed coating market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where’ in the market.