North America Seed Coating Materials Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 0.8 Billion |
| Market Size (2029) | USD 1.20 Billion |
| CAGR (2024 - 2029) | 8.40 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
North America Seed Coating Materials Market Analysis
The North America Seed Coating Materials Market size is estimated at USD 0.8 billion in 2024, and is expected to reach USD 1.20 billion by 2029, at a CAGR of 8.40% during the forecast period (2024-2029).
Seed coating enhances seed performance by adding protective chemicals against pathogens. The seed coating materials market in North America is driven by seed technology development, low-risk investment, and the adoption of advanced farming technologies. North American growers use seed coating materials to improve germination rates and protect against pests and diseases, contributing to market growth. Advancements in seed coating materials, including biobased, biodegradable, and smart coatings, are improving the effectiveness of seed treatments. According to the 2022 Census of Agriculture - United States Data, farmland in the country decreased from 900 million acres in 2017 to 880 million acres in 2022. This decline in agricultural land is encouraging farmers to adopt seed-coating materials for better productivity.
Nano-coating technology is a recent advancement in seed-coating materials, promoting seed germination by forming nanopores in seed coats. For instance, titanium nanoparticles are used in seed coating to resist water stress. While sustainable agricultural practices are expected to increase demand for seed coatings, concerns about the disposability of coating materials and environmental impact may pose challenges to market growth.
North America Seed Coating Materials Market Trends
Increasing Adoption of New Seed Technologies (GM Seeds)
The development of genetically modified (GM) seeds, which offer benefits like higher yields, pest resistance, and drought tolerance, is enhancing production efficiency and attracting both farmers and investors. Genetically modified (GM) and hybrid seeds represent a significant advancement in crop production, and their adoption has a substantial impact on the seed coating materials market. According to the AgbioInvestor GM Monitor, the United States maintained its position as the leading country in GM crop area, with 74.4 million hectares cultivated in 2023. Canada ranked fifth globally in GM crop area, with 11.5 million hectares cultivated, a 1.5% increase from the previous year. At the regional level, North America holds the second-largest GM crop area after Central and South America, with a total of 85.9 million hectares planted in 2023.
The advantages of genetically modified crops over conventional seeds have led growers to incorporate more GM seeds into their operations, prompting seed producers to focus on the seed coating ingredients market. This trend, coupled with the increasing adoption of GM seeds in the North American market, is expected to accelerate seed coating ingredient sales during the forecast period.
United States Dominates the Market
United States oilseed growers are rapidly adopting seed-coating materials to increase yields by protecting crops from pests and diseases. A recent survey conducted by the American Soybean Association and the United Soybean Board in July 2024 revealed significant trends in this adoption. The survey, which gathered 491 online responses from farmers cultivating at least 150 acres of soybeans during the 2023 season across the 17 largest soybean-producing states, found that approximately 90% of the soybean cultivation area was planted with treated seeds. Only 3% of respondents reported never having used coated soybean seeds, indicating widespread acceptance of seed treatments among soybean producers to protect against early-season pests. These treatments typically involve applying one or more pesticides as a coating on seeds before sowing.
Major players in the seed-coating materials industry have established a strong presence in the United States, recognizing the market's substantial potential. These companies have formed strategic partnerships with various seed associations to promote their products among growers. For example, Germains Seed Technology has collaborated with the American Seed Trade Association (ASTA), Organic Seed Alliance, and Mexican Seed Association AC to enhance the visibility and adoption of its seed coating products in the agricultural sector.
North America Seed Coating Materials Industry Overview
The North American seed coating material market exhibits a consolidated structure, a trend expected to persist in the foreseeable future. A small number of prominent players, including Corteva AgriScience, Syngenta, Clariant International, Croda International, and Germains Seed Technology, dominate the market, collectively holding a significant market share. The United States is positioned to emerge as a major player in the seed coating industry, as companies primarily target developed markets. To expand their market presence, these companies are increasingly pursuing mergers and acquisitions strategies.
North America Seed Coating Materials Market Leaders
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Clariant International
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Croda International
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Corteva Agriscience
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Germains Seed Technology
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Syngenta AG
*Disclaimer: Major Players sorted in no particular order
North America Seed Coating Materials Market News
- November 2024: Clariant Corporation has formed a partnership with Red River Specialties in North America to expand its presence in the agricultural market. This collaboration aims to enhance the distribution and service of Clariant's specialty chemical products, including seed coating materials, to customers in the region.
- March 2024: Lucent Biosciences, a Canadian startup, is expanding its operations to the United States. The company plans to introduce its seed coating products to the market, focusing on US Midwest farmers with its Nutreos product, a biodegradable micronutrient seed coating.
North America Seed Coating Materials Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definitions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Adoption of New Seed Technologies (GM Seeds)
4.2.2 Advancements in Seed Coating Technologies
4.2.3 Expanding Use of Treated Seeds in Diverse Crops
4.3 Market Restraints
4.3.1 Environmental Concerns with Synthetic Coatings
4.3.2 Stringent Government Regulations
4.4 Porters Five Force 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. MARKET SEGMENTATION
5.1 Ingredient
5.1.1 Binders
5.1.2 Fertilizer
5.1.3 Adjuvants
5.1.4 Seed Planting Lubricants
5.2 Application
5.2.1 Grain and Cereal Seed Coating Materials
5.2.2 Oilseed Seed Coating Materials
5.2.3 Fruit & Vegetable Seed Coating Materilas
5.2.4 Other Crop Seed Coating Materials
5.3 Geography
5.3.1 United States
5.3.2 Canada
5.3.3 Mexico
5.3.4 Rest of North America
6. COMPETITIVE LANDSCAPE
6.1 Market Share Analysis
6.2 Most Adopted Strategies
6.3 Company Profiles
6.3.1 Corteva Agriscience
6.3.2 Clariant International
6.3.3 Croda International
6.3.4 Syngenta AG
6.3.5 Chromatech Incorporated
6.3.6 Germains Seed Technology
6.3.7 Brett Young
6.3.8 Milliken & Company
6.3.9 Precision Laboratories
6.3.10 Summit Seed Coatings
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
North America Seed Coating Materials Industry Segmentation
Seed coatings are substances applied to seeds to improve their performance. They can protect seeds, enhance germination, and deliver treatments like fungicides or fertilizers. The North America Seed Coating Material market is segmented By Ingredients into (Binders, Lubricants, Fertilizers, and Adjuvants), By Application into (Grains & Cereals, Pulses & Oilseeds, Fruits & Vegetables, and Other Crops), and By geography into (United States, Canada, and Mexico.) The Market Size and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.
| Ingredient | |
| Binders | |
| Fertilizer | |
| Adjuvants | |
| Seed Planting Lubricants |
| Application | |
| Grain and Cereal Seed Coating Materials | |
| Oilseed Seed Coating Materials | |
| Fruit & Vegetable Seed Coating Materilas | |
| Other Crop Seed Coating Materials |
| Geography | |
| United States | |
| Canada | |
| Mexico | |
| Rest of North America |
North America Seed Coating Materials Market Research FAQs
How big is the North America Seed Coating Materials Market?
The North America Seed Coating Materials Market size is expected to reach USD 0.8 billion in 2024 and grow at a CAGR of 8.40% to reach USD 1.20 billion by 2029.
What is the current North America Seed Coating Materials Market size?
In 2024, the North America Seed Coating Materials Market size is expected to reach USD 0.8 billion.
Who are the key players in North America Seed Coating Materials Market?
Clariant International, Croda International, Corteva Agriscience, Germains Seed Technology and Syngenta AG are the major companies operating in the North America Seed Coating Materials Market.
What years does this North America Seed Coating Materials Market cover, and what was the market size in 2023?
In 2023, the North America Seed Coating Materials Market size was estimated at USD 0.73 billion. The report covers the North America Seed Coating Materials Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Seed Coating Materials Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America Seed Coating Materials Industry Report
Statistics for the 2024 North America Seed Coating Materials market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. North America Seed Coating Materials analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
North America Seed Coating Materials Market Report Snapshots
