Biological Seed Treatment Market to Witness Unprecedented Growth in Coming Years

November 09 17:35 2022
Biological Seed Treatment Market to Witness Unprecedented Growth in Coming Years
The increasing agricultural practices and requirement of high-quality agricultural produce are factors that are projected to drive the biological seed treatment market growth in this region.

The global Biological seed treatment market is estimated at USD 0.86 Billion in 2020. It is projected to reach USD 1.68 Billion by 2025, recording a CAGR of 11.9% during the forecast period. The Biological seed treatment product’s use in agricultural practises has significantly increased as it helps in the prevention of infections and diseases that are soil- and seed-borne. Due to the lower risk of violating residue limitations and rising demand for sustainable agriculture, the product started gaining importance over chemical treatment. Additionally, the market penetration of the product is expected to be directly impacted by the growing trend of organic farming.

Biological Seed Treatment Market

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The Seed protection segment by function is projected to achieve the highest CAGR growth in the Biological seed treatment market.

The protection of seeds and seedlings from soil- and seed-borne illnesses and insect pests that impact crop emergence and growth is enhanced by seed treatment. Due to an increase in regulatory concerns over fumigation and foliar pesticide application, seed treatment is being increasingly examined by farmers as a way to protect investments made in high-quality seeds. Thus, increased farmer awareness is driving up demand for seed treatment chemicals globally.

The Microbial segment is projected to account for the highest market share in the Biological seed treatment market over the forecast period.

Due to their extensive use in GM field crops, such as soybean and corn, by crop growers, which protects the large initial investments in the seeds, the microbial segment is projected to develop at a higher rate. More targeted farming techniques are expected to be made possible by precision farming and enhanced digital offerings, which will increase demand for microbial seed treatment products.

North America is projected to achieve the highest market share in the Biological seed treatment market.

The industry is expected to expand in the future due to the increasing use of organic farming in countries including the United States, Mexico, and Canada. The two countries that export the most grains worldwide are Canada and Mexico. Farmers employ biological seed treatment to safeguard the seeds and crops from infections, pests, and nematodes in order to produce a substantial amount of crop.

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Key players in this market include BASF SE, Bayer AG, Syngenta Group, Valent BioSciences LLC, Verdesian Life Sciences, Plant Health Care, Precision Laboratories, Koppert Biological Systems, Italpollina, and Incotec. These players in this market are focusing on increasing their presence through agreements and collaborations. These companies have a strong presence in North America, Asia Pacific, and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.

Related Reports:

Seed Treatment Market by Type, Application Technique (Coating, Dressing, Pelleting), Function (Seed Protection and Seed Enhancement), Formulation, Crop Type (Cereals & Grains, Oilseeds, Fruits & Vegetables) and Region – Global Forecast to 2027

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