According to this latest publication from Meticulous Research®, the seed coating market is projected to reach $6.13 billion by 2030, at a CAGR of 9.6% during the forecast period 2023–2030. Increasing demand for low-cost crop protection solutions, technological advancements, focus on seed treatment, decline in arable lands and necessity to enhance crop productivity, growing demand for low-cost alternatives to hybrid and GM seeds, and increasing farmers’ preference for seed-enhancing products are some of the factors expected to drive the growth of the seed coating market. Moreover, the emergence of biodegradable seed coatings provides significant growth opportunities for the stakeholders operating in this market. However, the stringent and non-standardized regulatory framework, restriction on the use of neonicotinoids, the limited shelf life of treated seeds, and the lower awareness about seed coating technology among growers in developing countries are some of the factors that restrict the growth of this market to some extent. The complex process of the seed film coating and financial hurdles for new entrants are the challenges to this market's growth.

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