Global Biological Seed Treatment Market Share is Likely to Grow at a CAGR Value of 11.70% By 2028

01-Sep-2022 | Facts and Factors

According to Facts and Factors, the global biological seed treatment market size was worth USD 928.40 million in 2021 and is estimated to grow to USD 1803.24 million by 2028, with a compound annual growth rate (CAGR) of approximately 11.70% over the forecast period. The report analyzes the biological seed treatment market's drivers, restraints/challenges, and their effect on the demands during the projection period. In addition, the report explores emerging opportunities in the biological seed treatment market.

Global Biological Seed Treatment Market Size

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Active compounds used in biological seed treatment may include plant and algae extracts, fungi and bacteria, and microorganisms such as fungi and bacteria. The seeds are treated with biological material, either in liquid or powder form. All seeds are covered in an even layer, which can be changed as needed. The harmful fungus cannot harm plants, seeds, or saplings through biological seed treatment. Natural seed treatment can also encourage the fixation of nitrogen, cell division, the growth of roots, and an improvement in plant resistance. Alternatively, biological seed treatment promotes more even sowing and higher yields while being environmentally sustainable.

Browse the full “Biological Seed Treatment Market Size, Share, Growth Analysis Report By Crop Type (Corn, Wheat, Soyabean, Cotton, Sunflower, Vegetable Crops, Other Crops (Plantation, Fruit, Pulse, Other Cereal & Oilseed, Turf, Forage, and Ornamental Crops)), By Function (Seed Enhancement, Seed Protection) By Type (Microbials, Botanicals and Others (Biofermentation Products and Natural Polymers & Derivatives)), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028" report at https://www.fnfresearch.com/biological-seed-treatment-market

Since it aids in preventing infections and diseases that are seed- and soil-borne, the product's use in agricultural techniques has increased significantly. As the desire for sustainable agriculture increased, and the risk of exceeding residue limitations decreased, the product began to take precedence over chemical treatment. Furthermore, it is anticipated that the expanding trend of organic farming will directly impact the product's market penetration. The lack of knowledge about sustainable agriculture practices in developing economies will probably be a significant barrier to market expansion. Compared to other treated crop seeds, soybean seeds' short shelf life is predicted to negatively impact product demand over the forecast period.

The global biological seed treatment market is segregated based on crop type, function, type, and region. Based on crop type, the market is divided into corn, wheat, soybean, cotton, sunflower, vegetable crops, and other crops. Among these, the soybean segment led the market in 2021 and is expected to maintain its dominance throughout the forecast period. Based on function, the market is classified into seed enhancement and protection. In 2021, the seed protection category dominated the global market. The market is classified into microbial, botanical, and others based on type. The microbial segment will dominate the market in 2021.

The global biological seed treatment market is divided into geographic regions: North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The demand for high-quality agricultural products and expanding agricultural practices are two factors that are anticipated to fuel the growth of the biological seed treatment market in this area. The primary reasons promoting the growth of this market in the North American region are the government laws enacted by industrialized nations to prohibit key active components. North America is therefore anticipated to have the greatest growth in the worldwide market. In the coming five years, it is anticipated that key businesses will invest in R&D to develop biological seed treatment and establish new production facilities.

Report Scope

Report Attribute

Details

Market Size in 2021

USD 928.40 Million

Projected Market Size in 2028

USD 10824.88 Million

CAGR Growth Rate

11.70% CAGR

Base Year

2021

Forecast Years

2022-2028

Key Market Players

BASF SE, Bayer AG, Novozymes A/S, Syngenta Group, Corteva Agriscience, Rhizobacter, ValentBioSciences, Verdesian Lifescience, Plant Health Care, Bioworks, Italpollina, UPL Limited, Bioworks Inc, Marrone Bio Innovation, Koppert Biological Systems, IPL Biologicals, Certis Europe, Advanced Biological Marketing, Kan Biosys, Incotec., and Others

Key Segment

By Crop Type, Function, Type, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa

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Key players in the global biological seed treatment market include BASF SE, Bayer AG, Novozymes A/S, Syngenta Group, Corteva Agriscience, Rhizobacter, ValentBioSciences, Verdesian Lifescience, Plant Health Care, Bioworks, Italpollina, UPL Limited, Bioworks, Inc, Marrone Bio Innovation, Koppert Biological Systems, IPL Biologicals, Certis Europe, Advanced Biological Marketing, Kan Biosys, and Incotec.

Recent Development:

December 2020: Lençóis Paulista, So Paulo, Brazil-based Geocom was acquired by Kopper Biological Systems (Netherlands). Geocom is a leader in image geoprocessing, works in the agricultural technology industry, and was the first in Brazil to create a unique technique for using drones to apply biological agents. The company aims to improve agri-farming precision, essential for supplying biologicals to the fields.

August 2020: The North American Innovation Center (NAIC), a new building erected by Valent BioSciences (US), physically combines workers from its California technical center in Dublin and headquarters in Walnut Creek. The newly consolidated team can now more easily exchange information face-to-face in real-time, which will boost its productivity, adaptability, and innovation and eventually help the farmers in the field.

Global Biological seed treatment market is segmented as follows:

By Crop Type

  • Corn
  • Wheat
  • Soybean
  • Cotton
  • Sunflower
  • Vegetable crops
  • Other crops (plantation, fruit, pulse, other cereal & oilseed, turf, forage, and ornamental crops)

By Function

  • Seed enhancement
  • Seed protection

By Type

  • Microbials
  • Botanical and others (fermentation products and natural polymers & derivatives)

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Nordic Countries
      • Denmark
      • Sweden
      • Norway
    • Benelux Union
      • Belgium
      • The Netherlands
      • Luxembourg
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Southeast Asia
      • Indonesia
      • Thailand
      • Malaysia
      • Singapore
      • Rest of Southeast Asia
    • Rest of Asia Pacific
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

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