The European Seed Coating market is estimated to grow at a CAGR of 8.1% during the forecast period 2020-2025. Seed coating materials are some chemicals or colorants applied to the seed or pellet directly to provide protection, both aesthetically and environmentally. These materials can provide added protection to seed against adverse heat, water and cold, which can affect the ability of the seed to mature into a healthy plant. With the rising demand for coated seeds, companies involved in the seed coating material production are in a constant search for better technology and innovation, to further enhance the efficiency of seed coats.
Key Market Trends
Government Scheme for the Supply of Quality Seeds.
The European seed sector has developed a scheme to ensure the safe treatment of seeds against pests and diseases with less quantity of chemicals applied to it. European Seed Treatment Assurance Scheme (ESTA) provides the entire support from seed cleaning to the use of treated seeds in the field. ESTA certifies and makes sure that only the seeds meeting the agreed quality standards are being put in the market. With such a lower amount of chemical and active ingredient on it, it is more economic and environment-friendly in terms of public health and efficacy.
Cereals, Maize, Oilseeds Rape, Vegetable seeds, Sugarbeet, Protein plant, Sunflower seeds are some of the certified seed coated in the region like Germany, UK, France, Spain, Italy, and Russia.
Government Funding to meet the Seed Demand
The European seed sector is into a number of EU-funded research projects which address the Present and future challenges regarding plant breeding, food and nutrition security, and sustainable agricultural practices. In 2019, the European seed sector along with The European Cooperation in Science and Technology (COST) has undertaken a project on "Genome editing in plants" to meet the major concern of providing adequate nutrition to the growing population.
In 2018, the EU Horizon 2020 research and innovation program has funded the 4-year BRESOV (Breeding for Resilient, Efficient and Sustainable Organic Vegetable production) project which focuses on developing the productivity of different vegetable crops in an organic and sustainable farming infrastructure. It also funded the CropBooster-P project which focused on adapting the technologies to boost crop yield by introducing new crops for sustainable agricultural practices.
The European Seed Coating Market is highly consolidated with top players holding a major market share. The European Union government regulations and fundings are some of the driving factors for the growth of the seed coating market in the region which acts as the scope for new entrants in the market. Acquisitions, Mergers, Product Innovation, and Expansions are a portion of the vital moves taken by these organizations holding the highest market share.
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Table of Contents
1.2 Study Assumptions
1.3 Scope of the Study
4.2 Market Drivers
4.3 Market Restraints
4.4 Porters Five Force's Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5.1.1 Grain and Cereal
5.1.3 Fruit & Vegetable
5.1.4 Other Crop
188.8.131.52 United Kingdom
184.108.40.206 Rest of Europe
6.2 Most Adopted Strategies
6.3 Company Profiles
6.3.1 Bayer CropScience AG
6.3.2 BASF SE
6.3.3 Germains Seed Technology
6.3.4 Clariant International Ltd
6.3.5 Croda International PLC
6.3.6 Chemtura Corporation
6.3.7 Incotec Group Bv
6.3.8 Mahendra Overseas
6.3.9 Chromatech Incorporated