Seed Storage Room Market Trends and Forecast
The future of the global seed storage room market looks promising with opportunities in the university laboratory and business research institute markets. The global seed storage room market is expected to grow with a CAGR of 5.4% from 2024 to 2030. The major drivers for this market are growing demand for long-term seed preservation and rising awareness of seed quality & genetic preservation.
• Lucintel forecasts that walk-in is expected to witness higher growth over the forecast period.
• Within this market, university laboratory is expected to witness higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Seed Storage Room Market
• United States: The USDA announced funding for several projects aimed at improving agricultural infrastructure, including seed storage facilities. Monsanto has expanded its seed storage capacity in key agricultural states to enhance supply chain efficiency and meet the increasing demand for high-quality seeds.
• China: The Chinese government has initiated a large-scale agricultural modernization program, which includes the construction of advanced seed storage facilities. Sinochem Group recently announced a partnership with local governments to develop state-of-the-art seed storage rooms to support national food security.
• India: The Indian Council of Agricultural Research (ICAR) has launched initiatives to upgrade seed storage facilities across the country. Private companies like Mahyco have also invested in expanding their seed storage capacities to ensure the preservation of high-yield varieties and support the agriculture sector.
• Brazil: Embrapa, BrazilÄX%$%Xs agricultural research corporation, has focused on enhancing seed storage infrastructure as part of its national agricultural strategy. Companies like Syngenta are collaborating with local farmers to establish modern seed storage rooms, aiming to improve seed longevity and quality in the tropical climate.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Seed Storage Room Market by Segment
The study includes a forecast for the global seed storage room market by type, application, and region.
Seed Storage Room Market by Type [Value from 2018 to 2030]:
• Walk-In Seed Storage Rooms
• Reach-In Seed Storage Rooms
Seed Storage Room Market by Application [Value from 2018 to 2030]:
• University Laboratory
• Business Research Institute
• Others
Seed Storage Room Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Seed Storage Room Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies seed storage room companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the seed storage room companies profiled in this report include-
• Weiss-Technik
• Aralab
• Kelviron
• Meditech
• Acmas Technologies
• Labec
• Bry-Air
Recent Development in the Seed Storage Room Market
• Syngenta: Syngenta has announced the expansion of its seed storage facilities in various regions to enhance its capacity for preserving high-quality seeds. This expansion includes advanced climate control systems to maintain optimal conditions for seed longevity and viability, ensuring a consistent supply for their global agricultural operations.
• Bayer Crop Science: Bayer Crop Science is investing in sustainable storage solutions for seeds, focusing on energy-efficient technologies and environmentally friendly materials. This initiative aims to reduce the carbon footprint of their storage facilities while maintaining the integrity and quality of their extensive seed portfolio.
• Dow AgroSciences: Dow AgroSciences has introduced automated storage systems in their seed storage rooms, which utilize robotics and AI to manage inventory more efficiently. This technology allows for precise control over storage conditions and streamlined retrieval processes, significantly improving operational efficiency and seed preservation quality.
• Corteva Agriscience: Corteva Agriscience has launched a smart storage monitoring system that provides real-time data on temperature, humidity, and other critical parameters in their seed storage rooms. This system helps in early detection of potential issues, ensuring prompt corrective actions to maintain the quality and viability of stored seeds.
• KWS Group: KWS Group has developed modular storage solutions for seeds, which offer flexibility in scaling storage capacity as needed. These modular units are designed to be easily assembled and disassembled, allowing for quick adaptation to changing storage requirements while ensuring optimal conditions for seed preservation.
Features of the Global Seed Storage Room Market
Market Size Estimates: Seed storage room market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Seed storage room market size by type, application, and region in terms of value ($B).
Regional Analysis: Seed storage room market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the seed storage room market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the seed storage room market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for seed storage room market?
Answer: The global seed storage room market is expected to grow with a CAGR of 5.4% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the seed storage room market?
Answer: The major drivers for this market are growing demand for long-term seed preservation and rising awareness of seed quality & genetic preservation.
Q3. What are the major segments for seed storage room market?
Answer: The future of the seed storage room market looks promising with opportunities in the university laboratory and business research institute markets.
Q4. Who are the key seed storage room market companies?
Answer: Some of the key seed storage room companies are as follows:
• Weiss-Technik
• Aralab
• Kelviron
• Meditech
• Acmas Technologies
• Labec
• Bry-Air
Q5. Which seed storage room market segment will be the largest in future?
Answer: Lucintel forecasts that walk-in is expected to witness higher growth over the forecast period.
Q6. In seed storage room market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the seed storage room market by type (walk-in seed storage rooms and reach-in seed storage rooms), application (university laboratory, business research institute, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Seed Storage Room Market Market, Seed Storage Room Market Market Size, Seed Storage Room Market Market Growth, Seed Storage Room Market Market Analysis, Seed Storage Room Market Market Report, Seed Storage Room Market Market Share, Seed Storage Room Market Market Trends, Seed Storage Room Market Market Forecast, Seed Storage Room Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.