Market Size of Global Seed Colorant Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 15.40 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Seed Colorant Market Analysis
The global seed colorant market (henceforth, referred to as the market studied) was valued at USD 271.3 million in 2018, and it is expected to register a CAGR of 15.4% during the forecast period. In 2018, North America was the largest geographical segment of the market studied and accounted for a share of around 40.7% of the overall market.
- Hybrid and GM are high-value seeds, which undergo various biological and chemical treatments that prevent losses. Colors are added to seeds for branding, identification, uniformity, and beautification. Hence, the use of seed colorants, dyes, and pigments is expected to increase in line with the adoption of hybrid and GM seeds.The adoption of increasingly pest-resistant and drought-tolerant hybrid seeds has helped farmers improve crop yields across diverse agro-climatic conditions, which in turn, boosts the demand for seed colorants.
- Preharvest seed treatment occupies the largest share in the global seed colorant market, as the treated seeds prevent adulteration of seeds and other hazards associated with the handling of treated seeds.
- The companies, like Clariant, are adopting seed colorants as part of their branding strategy, due to the increasing demand for unique colors.
