Seed Coating Market Analysis: Global Size Expected to Grow at a CAGR of 8.3%
March 5, 2021
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by
admin
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The
seed coating market was valued at US$ 1.6 Bn in 2018 and expected to grow at a CAGR of 8.3% during the forecast period from 2019 to 2027.
Market Insights
“Increasing global agricultural production drives the growth of the market”
With a growing global population, demand for food products is also rising. Farmers around the world are demanding products that can increase crop yields to meet growing hunger needs. As a result, the demand for more advanced agricultural products, such as HYV seeds, increases the demand for the seed coating market. In addition, increased demand for high-quality seeds and increased pest protection support the growth of the market.