Coaters: The fastest-growing equipment type in the seed processing equipment market

Process equipment market for seed industry includes processed seed market and seed processing equipment market. The processed seed market was valued at USD 51.63 Billion in 2016 and is projected to reach USD 91.32 Billion by 2022, growing at a CAGR of 10.2% from 2017, in terms of value. 

The seed processing equipment market was valued at USD 1.84 Billion in 2016 and is projected to reach USD 3.25 Billion by 2022 and growing with a CAGR of 10.2% from 2017. The objectives of this study are to define, segment, and project the size of the processed seed market based on crop type, method, and region, and seed processing equipment market based on type and region.

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The processed seed market, on the basis of crop type, is projected to witness the highest growth rate in the fruits & vegetables segment, during the forecast period. The mechanical segment is estimated to dominate the processed seed market on the basis of method, through the same period. In the seed processing equipment market, on the basis of type, the coaters segment is projected to be the fastest-growing segment through the forecast years.

In 2017, the coaters segment is estimated to account for the third-largest share of the seed processing equipment market in terms of value; this is projected to grow at the highest CAGR through 2022. The increasing awareness about the benefits of seed coating with various pesticides, insecticides, and biologicals has increased the demand for the coated processed seed products and thus boosted the demand for coaters in the developing countries.

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The various contributors involved in the value chain of the proceed seed market include manufacturers, suppliers, distributors, intermediaries, and customers, and agricultural product manufacturers [such as Bayer (Germany), The Dow Chemical Company (US), Monsanto (US), Syngenta (Switzerland), KWS Group (Germany)] and seed processing equipment market such as Cimbria (Denmark), PETKUS Technologie (Germany), Lewis M. Carter Manufacturing (US), Westrup (Denmark), and Alvan Blanch Development Company (UK).


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