Global Seed Testing Services
Market Report
2024
The Global Seed Testing Services market size was USD 0.8 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.50% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, The Global Seed Testing Services market size was USD 0.8 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.50% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Seed Testing Services Market Sales Revenue 2022 | $ 0.8 Billion |
Global Seed Testing Services Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.5% |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Seed Testing Services industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Seed Testing Services Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The requirement for international seed certifications for domestic and international trade is expanding the market for seed testing services. To increase agricultural productivity, seed quality identification is essential. Information on biological conditions and general seed health is available through seed certification. For instance, international seed trading often necessitates Orange certification for seed, which follows ISTA guidelines.
Additionally, businesses in Canada and the USA offer seed testing certification following Association of American Seed Control Officials (AASCO) regulations. Leading players additionally offer Blue accreditation, ISO certification, Natural Organic Certification Agro (NOCA) for crops grown organically, and other certifications are available. After conducting several seed tests, these certifications are given.
These developments empower businesses to offer better-tailored solutions and services, which, in turn, contribute to the growth of the seed testing services industry.
For instance, to make industrial facilities safer, cleaner, and more productive, Cumulus Digital Systems, a Massachusetts-based business, is developing an Internet-based platform of tools. Today, the company revealed that it had raised a round of funding. Shell Ventures and Castor Ventures joined the $4.5 million seed round led by Brick & Mortar Ventures. Cumulus, a subsidiary of Shell TechWorks in Cambridge, links personnel, equipment, and data to a platform housed in the cloud to improve workflows in the building and maintenance industries.
A significant market driver for seed testing services has been globalization. Developing strategies to maximize crop productivity is increasing the demand for testing services that provide valuable information about the quality of agricultural products. This aspect is expected to drive expansion in the seed testing services market. Furthermore, the rising demand for maximizing crop productivity while saving money has shifted growers' attention to seed testing services that provide valuable information regarding seed health. Because agricultural services are becoming more popular worldwide, sales of seed testing services are projected to rise soon.
The primary goal of a seed germination test is to determine the maximum germination potential of a seed lot. If a seed has a 90% germination rate, it suggests that 90 out of 100 seeds are expected to sprout under ideal growing conditions.
(Source:agclassroom.org/matrix/resource/619/)
Government institutions worldwide have established germination potential regulations that must be satisfied and approved before market launch. Continuous research initiatives by seed manufacturers worldwide to keep up with the fierce competition will likely drive the global market for germination tests over the forecasted period.
Establishing a New Era of "Agro-Reliability" with Seed Testing Services to Propel Market Growth
The seed testing services market has revolutionized because of a new era of agro reliability. A thorough quality assessment of agricultural items, such as fertilizer and seeds, is necessary to maximize agricultural productivity. Tight regulatory standards put in place to guarantee optimal agricultural yields are causing the need for agriculture testing services. It is undeniable that end users, such as seed producers, farmers, and agricultural consultants, will continue to employ agricultural testing services throughout the years to come because food quality and safety used to, and will continue to, dictate operational paradigms in the agriculture business.
Massive investments in agri-related companies predict new prospects for seed testing suppliers in 2019 as well as thereafter, given that the terms 'tested' and 'certified' are developing as new synonyms for 'quality.'
(Source:agrilinks.org/post/seed-investments-best-practices-progress-made)
In addition to all other sorts of agricultural testing, including water, soil, and agricultural equipment testing, the procedure for determining the quality of seeds, commonly called seed testing, has been rapidly gaining ground. Another important element driving the development of seed testing services is the requirement to get seed certifications for seed imports and exports.
The constraints of high cost constrain the seed testing services market. In contrast to the high capital investment nature of the testing equipment, which will pose a challenge to the growth of the seed testing services market, the high cost of those services and growing investments by seed producers in in-house testing facilities are anticipated to act as the major factors restricting the expansion of the seed testing services market in the forecast above period. In addition, the primary issue anticipated to restrain the growth of the global seed testing services market during the forecast period is the lack of awareness of seed testing in emerging nations.
The global agricultural industry is suffering because of the COVID-19 outbreak. The government's quarantine to stop the disease's spread has devastated the seed sector and its supporting plants. The United States, the United Kingdom, China, Germany, France, India, Italy, and several other key seed-producing nations are among the nations that have been affected by the coronavirus. As a result, it is anticipated that the import and export of seeds will be hindered, creating an imbalance between supply and demand. Furthermore, transportation and movement constraints have impacted seeds' distribution, manufacturing, cost, and certification. As a result, the worldwide seed testing services market's growth has been limited by the Covid-19 epidemic. The report includes further information about each region's impact, helping users to plan their actions and take important measures toward recovery following the pandemic
We have various report editions of Seed Testing Services Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
Details about each competitor are provided in the competitive landscape for seed testing services. The information includes information about the company's finances, revenue generated, market potential, new market campaigns, global presence, R&D investments, manufacturing facilities and locations, business advantages and disadvantages, production capacities, product launches, product breadth and depth, and application dominance. Only the firms' market emphasis on seed testing services is covered by the information above.
March 2021: Today, XR Acquisition Corp. announced an increase in the price of its first public offering of 30,000,000 shares to $ 10 per unit. The shares will trade on the Nasdaq Capital Market under the ticker "RXRA.U" after they are listed. One Class A Common Share of the Company and one-fifth of a Redeemable Company Guarantee make up each unit.
February 2018: To expand its service footprint nationwide, 20/20 Seed Labs Inc. created a site at Agro Plus Inc. in Lethbridge where seed samples could be dropped off for testing.
(Source:2020seedlabs.ca/)
Top Companies Market Share in Seed Testing Services Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2022 and accounted for a share of more than 37.6% of the global revenue due to several variables. A strong agricultural industry in the area and government programs to provide farmers with high-quality agricultural seed have increased demand for seed testing services. These are the main driving forces behind the North American region's global market expansion throughout the forecast.
According to Cognitive Market Research, North America dominates the global market for seed testing due to the widespread application of stringent government rules on seed development and marketing. The expansion of the seed testing market sales in the United States during the projection period is attributed to increased investment by seed producers to meet domestic and worldwide demand for high-yielding seeds.
Growing agricultural production and many small-scale operators providing these services at affordable prices are expected to cause the Asia Pacific region to grow profitably throughout the forecast period. Purity, water, and germination tests are increasingly being outsourced by seed manufacturers, which promotes regional growth. In addition, regional demand for seed testing services is anticipated to increase over the next eight years due to government measures supporting organic farming practices.
The current report Scope analyzes Seed Testing Services Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Global Seed Testing Services Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Seed Testing Services Industry growth. Seed Testing Services market has been segmented with the help of its Type, Application , and others. Seed Testing Services market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, purity test is the item that is utilized the most frequently in the market for seed testing services. To ensure that undesired seeds don't cause your seed to lose value, it's crucial to test for seed purity. Purity testing of seeds ensures that seed lots are of high quality and that the Federal Seed Act's requirements for seed labeling are met. These are the primary factors influencing the Purity Test segment's growth in the global market during the forecast period.
The water test is the second-most used product. While the purity test rules the market, a water test is still necessary for some seed testing services, and one can check the moisture level of seeds with the water test. Insufficient germination and poor yields might result from seeds that are too moist. Due to this, the market for seed testing services is now using water tests more frequently. Companies coat seeds with water-soluble chemicals like detergent or soap to expand their surface area, improving how they absorb nutrients and up production by 20%.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Seed Testing Services Industry. Request a Free Sample PDF!
The seed manufacturer is the seed testing services market's most popular offering. Due to the need for seed testing to identify the qualities of seed lots that must be sold, seed testing services are increasingly in demand from seed manufacturers and agriculture consultants. One of the qualities of a seed is its moisture content. Other qualities include its germination and vigor, physical and genetic purity, freedom from seed-borne diseases, and lack of insect infestation.
According to Cognitive Market Research, the agricultural consultant is the second-most popular product. Leading market corporations are focusing on acquisitions and bolstering their R&D divisions. Companies that provide seed testing services are expanding their offerings in emerging nations due to increased agricultural productivity. These are the main driving factors for the worldwide market growth during the forecast period in the end-user categories of Seed Manufacturers and Agriculture Consultants.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Seed Testing Services market report 2024 Edition by contacting our team.
Research Analyst at Cognitive Market Research
I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.
I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.
I am committed to continuous professional development, regularly engaging in workshops, seminars, and staying attuned to the latest industry trends. This commitment reflects my dedication to providing cutting-edge insights and staying ahead in the ever-evolving field of research. I led research initiatives aimed at uncovering market opportunities and enhancing competitive positioning. My responsibilities spanned the entire research lifecycle, from designing methodologies to presenting findings. Through collaborative efforts, I facilitated data-driven decision-making processes that contributed to the overall success of key projects.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Seed Testing Services Market is witnessing significant growth in the near future.
In 2023, the Purity Test segment accounted for noticeable share of global Seed Testing Services Market and is projected to experience significant growth in the near future.
The Seed Manufacturer segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Eurofins , Bureau Veritas and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Type | Purity Test, Water Test, Dynamic Test, Germination Test, Vigor Test, Pathogen Test, GMO Test, Trait Test, Other |
Application | Seed Manufacturer, Farmers, Agricultural Consultant, Research Institutions, Government Agencies, Seed Distributors, Other |
List of Competitors | Eurofins, SGS SA, Bureau Veritas, Intertek Group, RJ Hill Laboratories Limited, Agilent, SCS Global Services, ALS Global |
This chapter will help you gain GLOBAL Market Analysis of Seed Testing Services. Further deep in this chapter, you will be able to review Global Seed Testing Services Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
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Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Seed Testing Services Market Trends North America Seed Testing Services Technological Road Map North America Seed Testing Services Market Drivers North America Seed Testing Services Market Restraints North America Seed Testing Services Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
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Chapter 3 Europe Market Analysis
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Chapter 4 Asia-Pacific Market Analysis
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Chapter 5 South America Market Analysis
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Chapter 6 Middle East and Africa Market Analysis
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Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Seed Testing Services market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Purity Test have a significant impact on Seed Testing Services market? |
What are the key factors affecting the Purity Test and Water Test of Seed Testing Services Market? |
What is the CAGR/Growth Rate of Seed Manufacturer during the forecast period? |
By type, which segment accounted for largest share of the global Seed Testing Services Market? |
Which region is expected to dominate the global Seed Testing Services Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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