Rising demand for high-quality seeds in the agriculture sector is driving the growth of the global seed processing market.
Market Size – USD 9.27 Billion in 2019, Market Growth – at a CAGR of 10.7%, Market Trend – Increasing R&D activities to develop advanced seed processing methods
The global seed processing market is expected to be valued at USD 19.97 billion by 2027 from USD 9.27 Billion in 2019, registering a CAGR of 10.7% through the forecast period, according to the latest report by Emergen Research. In order to satisfy the growing demand for high-quality seeds in the agricultural sector, there has been a market increasing in the use of seed processing methods. To dry the seeds to a healthy moisture level, seed processing methods are required
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The demand for seed processing methods has been increased by the growing need to extract undesirable products, unwanted seeds from other crops, and degraded or damaged seeds. The use of these approaches also helps to increase productivity in agriculture. Crop processing methods are increasingly being used by farmers to minimise heterogeneity in seeds caused by soil variability in terms of their chemical, physical, and biological properties. The increasing knowledge of improved seed processing methods among farmers is contributing to the market growth.
Key Highlights from Report
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Emergen Research has segmented the global seed processing market based on crop type, type, equipment, and region:
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