Seed Processing Machinery Market Size, Share, Opportunities, And Trends By Type (Pre-Cleaners, Cleaners, Dryers, Graders, Coaters, Separators, Polishers, Others), And By Geography - Forecasts From 2023 To 2028
- Published : May 2023
- Report Code : KSI061615274
- Pages : 140
Seed processing machinery is a piece of farming equipment that is used by modern farmers to polish, thresh, separate, sort and dry them before use. These machines are meant to increase the efficiency of farming activities along with output. Seed Grader, Seed Decorticator, cracker machine, scalper, debearders, huller etc. are some examples of seed processing machinery. The market for seed processing machinery is divided into various segments, including product type and geographical regions.
A major factor driving the growth of the global seed processing machinery market during the analysis period is the growing trend of farm mechanisation and precision farming. The rising population and increasing scarcity of resources such as fertile land, labour, water resources etc have led to a shift towards modern farming machinery to cultivate crops. Favourable government policies and initiatives especially in emerging economies and growing demand for food crops are propelling the demand for mechanised seed processors and polishers. According to the analysis North America and Asia Pacific region are expected to hold a significant market share in the seed processing machinery market during the projection period.
However, high implementation costs and of knowledge are likely to obstruct the growth of the global market for seed processing machinery during the projection period. Continuous product innovation, launches and implementation of advanced technologies such as AI, GPS-enabled, and IoT are providing new opportunities for key market players.
During the anticipation period, the rising population and growing demand for food crops will support the growth of the global seed processing machinery market.
Competition for farming resources is expected to increase due to population growth, rural-to-urban migration, and climate change. According to the World Bank estimates population is expected to increase to over 10 billion by 2050 with more mouths to feed than ever. When combined with the increased intake of calories and more complex meals that come with wealth development in developing nations, agricultural production is expected to climb by 70 per cent by 2050. This expansion will demand more resources such as arable land, and labour as these resources continue to dip further. This double-edged sword is approaching at an intense speed. Seed processing machinery increases efficiency and yield a greater output with less labour.
The lack of skilled and well-trained labourers in the agriculture sector is also propelling the demand for such type of machinery. According to International Labour Organisation data, the percentage of persons working in agriculture has decreased from 44 per cent in 1991 to 26 per cent in 2020.
During the analysis period, the seed processing machinery market is expected to grow due to rising demand for agricultural mechanisation and the expansion of government-funded schemes, particularly in developing economies such as India. For instance, in February 2023 the Agriculture Ministry of India announced that the government would grant subsidies to farmers in the Indian state of Punjab for the purchase of various agricultural machines such as hullers and scalpers.
During the forecast period, North America is anticipated to hold a significant share of the global seed processing machinery market.
North American region is anticipated to hold a substantial market share in seed processing machinery. This region will experience rapid expansion throughout the projection period due to the growing demand for high-tech modern agricultural machinery. Seed Processing machinery is in high demand in markets such as the United States and Canada. This region's market is also expanding as a result of the growing population and lack of skilled labourers in the agricultural sector. According to the National Agriculture Statistical Service's Farm Labour Survey self-employment and family farming have decreased by 73 per cent while hired farmworkers decreased by 52 per cent in the United States. Moreover, the lack of resources such as arable land and water is also spurring regional demand for seed processing machinery. In addition, the prevalence of key market players such as Cimbria A/S, Alvan Blanch Development Company, PETKUS Technologie and others also spur the growth of seed processing machinery in this region.
Market Key Developments
- In November 2021, Dr Muhammed Mahmood Abubakar, the Minister of Agriculture of Nigeria, inaugurated Kaduna State's first ultra-modern, fully automated seed processing line. This line was purchased by Value Seeds Company. He said that Nigeria was close to achieving its objective of food sufficiency.
- In October 2021, a collaborative agreement for the development, marketing, and sale of next-generation AI optical seed and grain sorting machines was signed by Seed-X and PETKUS. Together with PETKUS, a top global manufacturer of optical processing equipment for the seed and grain sectors, Seed-X, a company that specialises in AI and deep-learning algorithms for profiling seeds and grains, is developing the next generation of sorters that are intended to upgrade seed and set higher benchmarks for germination, usability, and purity.
Seed Processing Machinery Market Scope:
Report Metric | Details |
Growth Rate | CAGR during the forecast period |
Base Year | 2021 |
Forecast Period | 2023 – 2028 |
Forecast Unit (Value) | USD Billion |
Segments Covered | Type and Geography |
Regions Covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
Companies Covered | Cimbria A/S, Alvan Blanch Development Company, PETKUS Technologie, Lewis M. Carter Manufacturing, Westrup, LOCUS EXIM, Seed Processing Holland, A & K Development Company, Spectrum Industries, Synmec |
Customization Scope | Free report customization with purchase |
Segmentation:
- By Type
- Pre-Cleaners
- Cleaners
- Dryers
- Graders
- Coaters
- Separators
- Polishers
- Others
- By Geography
- North America
- United States
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Israel
- Others
- Asia Pacific
- Japan
- China
- India
- South Korea
- Indonesia
- Thailand
- Others
- North America
Frequently Asked Questions (FAQs)
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Force Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. GLOBAL SEED PROCESSING MACHINERY MARKET, BY TYPE
5.1. Introduction
5.2. Pre-Cleaners
5.3. Cleaners
5.4. Dryers
5.5. Graders
5.6. Coaters
5.7. Separators
5.8. Polishers
5.9. Others
6. GLOBAL SEED PROCESSING MACHINERY MARKET, BY GEOGRAPHY
6.1. Introduction
6.2. North America
6.2.1. United States
6.2.2. Canada
6.2.3. Mexico
6.3. South America
6.3.1. Brazil
6.3.2. Argentina
6.3.3. Others
6.4. Europe
6.4.1. United Kingdom
6.4.2. Germany
6.4.3. France
6.4.4. Spain
6.4.5. Others
6.5. The Middle East and Africa
6.5.1. Saudi Arabia
6.5.2. UAE
6.5.3. Israel
6.5.4. Others
6.6. Asia Pacific
6.6.1. Japan
6.6.2. China
6.6.3. India
6.6.4. South Korea
6.6.5. Indonesia
6.6.6. Thailand
6.6.7. Others
7. COMPETITIVE ENVIRONMENT AND ANALYSIS
7.1. Major Players and Strategy Analysis
7.2. Emerging Players and Market Lucrativeness
7.3. Mergers, Acquisitions, Agreements, and Collaborations
7.4. Vendor Competitiveness Matrix
8. COMPANY PROFILES
8.1. Cimbria A/S
8.2. Alvan Blanch Development Company
8.3. PETKUS Technologie
8.4. Lewis M. Carter Manufacturing
8.5. Westrup
8.6. LOCUS EXIM
8.7. Seed Processing Holland
8.8. A & K Development Company
8.9. Spectrum Industries
8.10. Synmec
Cimbria A/S
Alvan Blanch Development Company
PETKUS Technologie
Westrup
LOCUS EXIM
Seed Processing Holland
A & K Development Company
Spectrum Industries
Synmec
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