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According to a new market research report titled, Seed Treatment Machine market, the seed treatment machinery market (coating and drying) is expected to reach $1.53 billion by 2029, at a CAGR of 7.2 per cent from 2022 to 2029. In terms of volume, the seed treatment machinery market (coating and drying) is expected to reach 331,357 units by 2029, at a CAGR of 3.6 per cent from 2022 to 2029.
The seed treatment machinery (coating and drying) market is segmented based on type (drum coaters, rotary drum dryers, fluidized bed dryers, rotostat coaters, other seed treatment machinery), crop type (cereals & grains, oilseeds, fruits and vegetables, pulses, and other crops), and geography. The study also evaluates industry competitors and analyses the market at the regional and country levels.
Based on type, in 2022, the drum coaters segment is expected to account for the largest share of the seed treatment machinery (coating and drying) market. Furthermore, in terms of volume, in 2022, the drum coaters segment is expected to account for the largest share of the seed treatment machinery market (coating and drying). The growth of this segment is attributed to the benefits provided by fluidized bed dryers, such as automated processing, low process time, and stipulated control on temperature based on the seed type, size, chemical formulation, and capacity.