Global Industry Analysts Predicts the World Seed Processing Equipment Market to Reach $4 Billion by 2026

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Sep 17, 2021, 11:35 ET

SAN FRANCISCO, Sept. 17, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Seed Processing Equipment - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 9; Released: April 2021
Executive Pool: 493
Companies: 44 - Players covered include AGROSAW (Osaw Agro Industries Pvt. Ltd.) ; AkyÃ¼rek Makine Sanayi ve Ticaret A.S. ; Alvan Blanch Development Company Limited ; ArrowCorp Inc. ; Bharat Agro-Tech Industries ; Cimbria A/S ; Lewis M. Carter Manufacturing LLC ; Oliver Manufacturing CO, Inc.. ; PETKUS Technologie GmbH ; Seed processing Holland BV ; Synmec International Trading Ltd. ; Universal Industries Inc. ; Westrup A/S and Others.
Coverage: All major geographies and key segments
Segments: Type (Cleaners, Dryers, Coaters, Graders, Separators, Polishers, and Other Types)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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ABSTRACT-

Global Seed Processing Equipment Market to Reach $4 Billion by 2026
Amid the COVID-19 crisis, the global market for Seed Processing Equipment estimated at US$2.4 Billion in the year 2020, is projected to reach a revised size of US$4 Billion by 2026, growing at a CAGR of 8.9% over the analysis period. Cleaners, one of the segments analyzed in the report, is projected to record a 8.8% CAGR and reach US$1.4 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Dryers segment is readjusted to a revised 9.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $700.9 Million in 2021, While China is Forecast to Reach $893.6 Million by 2026
The Seed Processing Equipment market in the U.S. is estimated at US$700.9 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$893.6 Million by the year 2026 trailing a CAGR of 13.3% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.8% and 7.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.8% CAGR.

Coaters Segment to Reach US$774.2 Million by the year 2026
In the global Coaters segment, USA, Canada, Japan, China and Europe will drive the 9.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$323.6 Million in the year 2020 will reach a projected size of US$608.6 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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