Market Reasech Future1

Biological Seed Treatment Market Size Forecasts for the Coming Years”

Global Biological Seed Treatment Market Overview

The utilization of seed treatments is integral for safeguarding seeds against soil-related issues, including rotting caused by organisms such as Pythium and Rhizoctonia solani. Biological seed treatments play a crucial role by proliferating on the seed, moving to the root, fixing nitrogen, enhancing nutrient uptake, providing protection against soil-inhabiting threats, and promoting overall plant growth.

The Biological Seed Treatment Market exhibited significant growth, reaching a valuation of USD 5.7 billion in 2022. Projections indicate substantial expansion, with the industry expected to grow from USD 6.2 billion in 2023 to USD 10.4 billion by 2030. This growth trajectory represents a notable Compound Annual Growth Rate (CAGR) of 9.1% during the forecast period from 2023 to 2030.

In terms of types, the global biological seed treatment market is segmented into microbials and botanicals. The microbials segment is poised to dominate the market, maintaining a leading revenue share throughout the forecast period. The increasing demand for microbial seed treatment is attributed to its characteristics, such as stress tolerance enhancement, quick emergence, and promotion of nitrogen fixation. This pivotal determinant propels the growth of the microbials segment in the biological seed treatment market, with an anticipated high growth rate owing to the rising preference for organically grown crops.

The segmentation of the global biological seed treatment market by crop type includes cereals & grains, fruits & vegetables, oilseeds & pulses, and others. Cereals & grains are expected to garner a significant share due to intensive agriculture practices aimed at increasing crop productivity and yield. This segment is anticipated to exhibit a higher CAGR during the forecast period, driven by the growing inclination of farmers towards enhanced and biologically treated seed varieties compared to seeds from the previous harvest.

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The functions of biological seed treatment are categorized into seed protection and seed enhancement. The seed enhancement segment, encompassing bio stimulants and biofertilizers, is expected to gain the largest share. Biofertilizers, in particular, are gaining popularity due to their ability to improve crop yield and quality while making crops more resistant to diseases. Consequently, the seed enhancement segment is anticipated to drive growth in the biological seed treatment market.

Regional Analysis

The global biological seed treatment market is segmented by region into North America, Europe, Asia-Pacific, and the Rest of the World. North America is expected to dominate the market, driven by increasing demand in countries such as the US and Canada. The growing population in Asia-Pacific has led to increased support from national and international associations and governments for farmers to enhance agricultural production of grains, vegetables, and fruits.

The Asia-Pacific biological seed treatment market is projected to grow rapidly, fueled by the rising demand for organic food. The region also witnesses an increasing presence of market players due to lower investments required for commercialization and development of biological products. Additionally, Europe and the Rest of the World are expected to secure a significant market share, supported by increased government investments in agricultural research.

Key Players

Key players in the global biological seed treatment market include BASF SE (Germany), Bayer AG (Germany), Syngenta AG (Switzerland), The Monsanto Company (US), Valent BioSciences LLC (US), Verdesian Life Sciences, LLC (US), Plant Health Care, Inc. (US), Precision Laboratories, LLC (US), Koppert B.V. (Netherlands), and Italpollina spa (Italy). These companies engage in strategies such as mergers & acquisitions, partnerships, and product innovations to maintain their competitive edge in the market.

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