Seed Coating and Drying Equipment Market Expected to Climb 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=30-08-2024


As reported by Meticulous Research®, the seed treatment machine market, encompassing coating and drying equipment, is projected to reach $1.53 billion by 2029, growing at a compound annual growth rate (CAGR) of 7.2% from 2022 to 2029. In terms of volume, the market is expected to achieve 331,357 units by 2029, with a CAGR of 3.6% during this period. This growth is fueled by a heightened focus on seed and worker safety, the need for improved crop yield and quality, and technological advancements in seed treatment. However, market expansion is constrained by barriers that hinder the adoption of advanced equipment.

The market is segmented by type—including drum coaters, rotary drum dryers, fluidized bed dryers, rotostat coaters, and other machinery—crop type, and geography. The report also evaluates industry competitors and provides an in-depth analysis at the regional and country levels.

In 2022, the drum coaters segment is anticipated to lead the seed treatment machinery market in both value and volume, owing to benefits such as cost-effectiveness, uniform seed coating, ease of use, and enhanced seed quality. The pulses segment is poised for the highest growth rate from 2022 to 2029, driven by the rising demand for pulses, increased awareness of protein-rich diets, and the growing popularity of plant-based protein products.

Regionally, North America is expected to generate the highest revenue in the seed treatment machinery market in 2022, thanks to the strong demand for cereal grains and supportive government incentives for high-quality seed development. East Asia, however, is forecasted to experience the fastest growth during the forecast period.

The seed treatment machinery market remains moderately competitive, with key players including AKYUREK TECHNOLOGY (Turkey), Alvan Blanch Development Company Ltd (U.K.), Bayer AG (Germany), Bharat Agro-Tech Industries (India), Centor Group (Australia), Cimbria (a 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.).

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.

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