Seed Treatment Machine Market Set to Grow to $1.53 Billion by 2029

Meticulous Research®—leading global market research company published a research report titled Seed Treatment Machine Market(Coating and Drying) by Type (Drum Coaters, Rotary Drum Dryers, Fluidized Bed Dryers, Rotostat Coaters, Others), Crop Type (Cereals & Grains, Oilseeds, Pulses, Fruits & Vegetables, Other Crops)—Global Forecast to 2029.’

Download Free Sample Report@ https://www.meticulousresearch.com/download-sample-report/cp_id=5334?utm_source=blog&utm_medium=social&utm_campaign=product&utm_content=18-09-2024

According to the latest report by Meticulous Research®, the seed treatment machine market, encompassing coating and drying technologies, is projected to reach $1.53 billion by 2029, growing at a CAGR of 7.2% from 2022 to 2029. In terms of volume, the market is expected to reach 331,357 units by 2029, with a CAGR of 3.6% over the forecast period. This growth is primarily driven by the increasing emphasis on seed and worker safety, the need to improve crop yields and quality, and technological advancements in seed treatment. However, certain obstacles, such as the high costs of advanced seed treatment equipment, may hinder adoption and limit market growth.

The market is categorized by type, including drum coaters, rotary drum dryers, fluidized bed dryers, rotostat coaters, and other machinery, as well as by crop type, which includes cereals & grains, oilseeds, fruits and vegetables, pulses, and other crops. The report provides an in-depth analysis of market competitors and offers a detailed geographic breakdown.

In 2022, the drum coaters segment is expected to dominate both in value and volume, driven by its cost-effectiveness, ability to provide uniform seed coating, ease of use, and enhanced seed quality. The pulses segment is projected to grow the fastest during the forecast period, owing to increasing demand for pulses, growing awareness of protein-rich diets, and rising demand for plant-based proteins.

Geographically, North America is anticipated to generate the most revenue in 2022, largely due to strong demand for cereal grains and government initiatives to support seed development. On the other hand, East Asia is expected to register the highest CAGR during the forecast period.

The seed treatment machinery market is moderately competitive, with a range of global, regional, and local players. Leading companies in the market include AKYUREK TECHNOLOGY (Turkey), Alvan Blanch Development Company Ltd (U.K.), Bayer AG (Germany), Bharat Agro-Tech Industries (India), Centor Group (Australia), Cimbria (part of AGCO Corporation) (Denmark), GRAINTECH (Australia), NoroGard Westrup (Denmark), Oliver Manufacturing Co., Inc. (U.S.), Osaw Agro Industries Pvt. Ltd. (India), PETKUS Technologie GmbH (Germany), RELIANCE AUTOMATION SOLUTIONS (India), SATEC Equipment GmbH (Germany), Seed Processing Holland B.V. (Netherlands), Synmec International Trading Ltd. (China), and USC, LLC (U.S.).

Buy Now@ https://www.meticulousresearch.com/Checkout/67049373?utm_source=blog&utm_medium=social&utm_campaign=product&utm_content=18-09-2024

About Meticulous Research®:

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.

Contact Us:
Meticulous Research®
Email- [email protected]
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

 

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

Comments on “Seed Treatment Machine Market Set to Grow to $1.53 Billion by 2029”

Leave a Reply

Gravatar