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The global Seed Processing market report published by Reports and Data offers a comprehensive overview of the market dynamics and recent events in the industry
NEW YORK CITY, NY, UNITED STATES, May 23, 2022 /EINPresswire.com/ -- Reports and Data’s latest market analysis report, titled ‘Global Seed Processing Market – Forecast to 2028,’ provides the reader with a holistic view of the Seed Processing industry. Our market experts have offered in-depth information on the key segments and sub-segments of the industry in this report. Besides highlighting the key market dynamics such as market revenue growth drivers, restraints, trends, opportunities, supply & demand ratios, shifting consumer tastes & preferences, changing production & consumption patterns, and technological innovations, the report discusses some of the major challenges to industry growth, including stringent or unfavorable government regulations and policies and imminent threats and risks. The market projections included in the Seed Processing industry report are based on present and historical market data. The report is inclusive of quantitative and qualitative market insights and elaborates on the industry's annual sales, regional outlook, key industry statistics, and product type & application ranges.
According to the market research team at Reports and Data, the global materials & chemicals market is estimated to reach a staggering market size of USD 22.4 Billion in 2028 from USD 10.06 Billion in 2020, registering a robust CAGR of 10.7% during the forecast period. The global materials & chemicals industry is expected to register a massive revenue growth rate over the forecast period, owing to factors such as rapid industrialization worldwide, increasing use of raw materials and chemicals in the buildings & construction, food & beverage, agriculture, pharmaceutical, and textile industries, and rising demand for essential consumer goods including packaged food & beverage products, beauty, and personal care products, and home hygiene products. Increasing industrial applications of specialty chemicals, as well as high-performance organic agrochemicals, a rise in government investments in the materials & chemicals sector, growing environmental awareness among people, and rising demand for eco-friendly and environmentally sustainable raw materials and chemicals, are other key factors expected to boost industry revenue growth.
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Leading players operating in the seed processing market include BASF (Germany), Bayer (Germany), Clariant (Switzerland), Corteva (US), Nufarm (Australia), Syngenta (Switzerland), Lanxess (Germany), Incotec (Netherlands), Sensient Technologies (US), Alvan Blanch Development Company Ltd. (UK), Cimbria (Denmark), and PETKUS Technologie GmbH (Germany).
Some key findings from the report
The cereals & grains segment revenue growth rate is predicted to increase significantly in the market going ahead. Superior quality seeds with maximum germination potential are obtained easily through the use of seed processing methods.
The gravity separators segment is expected to register a significantly rapid revenue growth rate between 2021 and 2028. The rising need for high-quality cereals and grains in various developing countries is expected to boost the adoption of seed processing machinery, including gravity separators, going ahead.
The seed treatment segment accounted for the highest revenue share in the market in 2020. The growing need for improving the germination of seeds, along with enhancing agricultural productivity is augmenting demand for seed treatment, thus, fueling revenue growth of this segment.
The North American market accounted for the highest revenue share in the global market in 2020. The rising need for superior quality seeds in the agriculture sector for enhancing crop yields is a key factor driving the deployment of seed processing across various farms in countries in North America. Moreover, increasing investments in the development of premium-quality seeds are further fueling revenue growth of the market in the region.
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For the purpose of this report, Reports and Data has segmented the global seed processing market on the basis of type, crop type, equipment, and region:
Type Outlook (Revenue, USD Billion, 2018 - 2028)
Crop Type Outlook (Revenue, USD Billion, 2018 - 2028)
Other crop types (sugar beet, turf & ornamentals, and forages)
Equipment Outlook (Revenue, USD Billion, 2018 - 2028)
Other equipment (color sorter and dust equipment machines)
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2.1.1.1 Key Data From Secondary Sources
2.1.2.1 Key Data From Primary Sources
2.3 Market Breakdown & Data Triangulation
4.2 Seed Coating Materials Market, By Subtype
4.3 Seed Treatment Market, By Subtype
4.4 North America: Seed Processing Market, By Country and Key Crop Type
4.5 Seed Processing Market, By Crop Type and Region
4.6 Seed Processing Market: Major Regional Submarkets
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/seed-processing-market
Regional Outlook (Revenue, USD Billion, 2018 - 2028)
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