Seed Processing Systems Market Size, Share, Growth, and Industry Analysis by Type (Cleaning, Drying, Treatment, Packaging, and Storage), By Application (Farm and Commercial) Covid-19 Impact, Latest Trends, Segmentation, Driving Factors, Restraining Factors, Key Industry Players, Regional Insights, and Forecast To 2031

Updated On: 08 April 2024

Seed Processing Systems Market Report Overview

• 
• Request a Free sample to learn more about this report

The global seed processing systems market size is estimated to be USD 2869.7 million in 2022 and is projected to touch USD 5638.4 million by 2031, exhibiting a CAGR of 7.8% during the forecast period.

Seed processing systems are the process of transferring improved genetic material from plant breeders to farmers. It helps to remove foreign material and improve the planting condition. There are a total of seven steps in the process such as receiving, drying, pre-cleaning, grading/fine cleaning, treating, bagging, and storing. The product is commonly used to regain the quality standards of seeds. It can change the shape, size, and quality of the product to increase production.

Increased awareness about the benefits of the process among farmers is estimated to surge market growth. The growing trade of processed seeds worldwide is projected to drive market growth. The rise in investments from the governments and private sector is probable to fuel market progress.  Increasing demand from the middle-class population and growth in the food processing sector is anticipated to expand market progress. An increase in disposable income coupled with the high adoption of advanced technology in the agriculture sector is projected to drive market growth. Increased demand for food due to the high rate of the population at global levels is anticipated to propel the market expansion. The growing urban agriculture sector is projected to promote the demand for machines. However, the higher price of the product is foreseen to hamper the market growth in the forecast years.

COVID-19 Impact: Shutdown of Agricultural Activities during Pandemic to Restrict Market Growth

The global COVID-19 pandemic has been unprecedented and staggering, with brew seed processing systems experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributable to demand returning to pre-pandemic levels once the pandemic is over.

An outbreak of the COVID-19 pandemic obstructed several businesses. The market went through several supply chain disruptions due to the lockdown restrictions. Closure of industrial activities and lack of agricultural production due to an increased number of coronavirus cases. High priority on saving human lives and the lack of farmers or labor available during the pandemic period to restrict market progress. The shutdown of agricultural activities for a certain period of time impacted the economic growth of the seed processing systems market.

LATEST TRENDS

"Increasing Demand for Food and Changing Lifestyle to Surge Market Growth"

Growing demand for food at the global level due to the high rate of population is projected to stimulate market growth. A busy lifestyle and high demand for effective food processing systems are anticipated to expand market growth. High demand for agricultural industry products is expected to create market opportunities. Further, the presence of several vendors in the market is expected to surge market growth. Growth in the urban agriculture sector is projected to promote product demand among consumers. The growing adoption of advanced technology in the agriculture sector and the high demand to reduce human labor are estimated to surge market growth. A rise in disposable income and the majority of people adopting or accepting technology are predicted to drive seed processing systems market growth in the coming years.

Seed Processing Systems Market Segmentation

• 
• Request a Free sample to learn more about this report

• By Type

Based on type, the market is divided into drying, cleaning, treatment, packaging, and storage.

Cleaning is estimated to be the leading part of type segmentation.

• By Application  

Based on application, the market is classified into farm and commercial.

Farm is estimated to be the leading part of application segmentation.

RESTRAINING FACTORS

"High Cost of the System to Reduce Market Progress"

The higher price of the product is anticipated to hamper the market growth in the forecast years.

DRIVING FACTORS

"Growing Demand for Agricultural Activities and Government Support to Foster Market Progress"

Increasing demand for agricultural activities at a global level is anticipated to foster market growth. The rise in investments from the governments and private sector is probable to fuel market progress.  Increasing demand from the middle-class population and growth in the food processing sector is anticipated to expand market progress. Further, government schemes to increase agricultural production coupled with a shift from the use of manual agriculture to technological equipment are projected to drive market growth by end of 2028. A rise in the import and export of seeds is anticipated to surge market growth. Growing demand for high-quality seeds among farmers for quality vegetation is projected to boost system adoption. Increasing international trade among several countries is predicted to expand seed processing systems market growth.

"Growing Awareness about the Product to Accelerate Market Performance"

Increasing awareness about the system among farmers is forecast to fuel market growth. The system offers to enhance crop cultivation and protects from pathogens is predicted to expand market growth. It also helps to enhance seed germination and it is considered a better alternative to spraying. These factors are predicted to witness significant growth in the market. Further, the growing demand for hybrid seeds coupled with growth in the food processing sector is expected to enlarge market growth in the upcoming years.  

Seed Processing Systems Market Regional Insights

• 
• Request a Free sample to learn more about this report

Asia Pacific is expected to account for the seed processing systems market share owing to a growing demand for agricultural activities. The rise in investments from the governments and private sector is probable to fuel market progress.  Increasing demand from the middle-class population and growth in the food processing sector is anticipated to expand market progress. An increase in disposable income coupled with the high adoption of advanced technology in the agriculture sector is projected to drive seed processing systems market growth.

KEY INDUSTRY PLAYERS

"Leading Players Adopt Strategies to Stay Competitive"

The report covers information about the list of market players and their latest development in the Industry. The information includes mergers, partnerships, acquisitions, technological developments, and production lines. Other aspects examined for this market include complete research on companies producing and introducing the latest products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.

List of Market Players Profiled

• AGI (Ukraine)
• AGCO (U.S.)
• Bühler Group (Switzerland)
• Sudenga Industries (U.S.)
• SCAFCO Grain Systems (U.S.)
• Sukup (U.S.)
• Behlen (U.S.)
• Symaga (Spain)
• Silos Córdoba (U.S.)
• CTB (U.S.)
• Meridian (U.S.)
• Superior Grain Equipment (Canada)
• SIMEZA (U.K.)
• Mysilo (Turkey)
• Kangcheng (China)
• Sioux Steel Company (China)

REPORT COVERAGE

This research profiles a report with general studies that explain the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by examining the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, and others. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.