Global Process Equipment Market - Forecasts to 2026

Globalmarketestimate18 Jan, 2021Business

The Global Process Equipment Market for Seed Industry Market registered a high CAGR value of 10.25 percent from 2021-2026. Good quality seeds lead to good crop production. Seed processing machinery is used to remove internal material, moisture, and improve seed quality. They are also used to remove weed, broken seeds, undersized seeds, and grade the seeds according to size & length. Seed processing involves different stages such as seed treatment, cleaning, drying, storage, and packaging among others. The increasing global trade for processed seeds, growing seed replacement, increasing GM cultivation area, and wide acceptance of processed seeds from farmers are the key driving factors supporting the market growth from 2021-2026. Rapid growth in food production crops and growing consumption of cereals, pulses, and grains are driving the market. Changing diet habits among consumers and growing preference for healthy and protein food also boosting the market growth.