Coated Seed Market Scope
Coated seeds are effective because of the germination and the juvenile development of young seedlings. Coated seeds allow and increase the ability to use on a variety of surfaces and in extreme situations, it minimizes soil cultivation needs and provides for a reduction of irrigation, and the coating gives a controlled application of fertilizer and plant protection agents.
Global Coated Seed is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
BASF SE (Germany), Bayer (Germany), Clariant AG (Switzerland), Croda International PLC (United Kingdom), Sensient Technologies (United States), BrettYoung Seeds Limited (Canada), Precision Laboratories LLC (United States), Germain Seed Technology, Inc (United States), Centor Oceania (Australia), DSM-Amulix (Netherland) and Milken Chemicals (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are S&W Seed Company (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Coated Seed market by Type (Seed Dressing, Film Coating and Pelleting), by Application (Farm, Livestock and Precision Agriculture) and Region with country level break-up.
On the basis of geography, the market of Coated Seed has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In 2020, S&W Seed Company announced the acquisition of Pasture Genetics Pty Ltd. The acquisition will expand and diversify S&W's product offerings in Australia and follows S&W's other recent initiatives in the country to become one of the leading suppliers of elite seed genetics to Australian farmers.
In 6th December 2021, BASF SE has unveiled the next generation of coating polymers for seed treatments named Flo Rite Pro 2805. It is designed to improve the adhesion and retention of active ingredients. Flo Rite Pro 2805 preserves the complete value of seed treatments while helping protect workers and the environment.
Federal Seed Act Regulations, the coated seed should be taken from the separation of the kind, variety, or type considered pure seed and should be counted without discrimination as to size or appearance.
Market Trend
- Surging Awareness of the Advantages of Coated Seeds among Farmers
- Technological Advancement in Agricultural Sector
Market Drivers
- Increasing Population coupled with Rising Demand for Agricultural Products
- Government Spending on Agricultural Development
Opportunities
- Demand for High-Quality Seeds
Restraints
- Stringent Government Regulations on the Coated Seed Manufacturers
Challenges
- Lack of Awareness among Farmers in Emerging Economies
Key Target Audience
Coated Seed Manufacturers, Coated Seed Suppliers and Distributors, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others