The biological seed treatment global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Biological Seed Treatment Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The biological seed treatment market size has grown strongly in recent years. It will grow from $3.61 billion in 2023 to $3.96 billion in 2024 at a compound annual growth rate (CAGR) of 9.7%. The growth in the historic period can be attributed to growing awareness of sustainable agriculture, regulatory support for biopesticides, need for integrated pest management (ipm), demand for higher crop yields, focus on soil health.
The biological seed treatment market size is expected to see strong growth in the next few years. It will grow to $5.57 billion in 2028 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to increasing demand for organic farming, climate change and resilience, focus on sustainable crop protection, rising global population and food security concerns, collaborations in research and developmen. Major trends in the forecast period include technological innovations in seed coating, microbial seed treatments, biostimulants integration, seed coating technologies, regulatory support for biologicals.
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Scope Of Biological Seed Treatment Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Biological Seed Treatment Market Overview
Market Drivers –
Surging demand for chemical-free crops will propel the growth of the biological seed treatment market going forward. Chemical-free crops can be defined as crops that are grown and produced without using any chemicals. Biological seed treatments are used over chemical treatments to reduce exposure to agrochemicals and to reduce the impact of the chemical on the environment. For instance, according to an article published by Outlook, an India-based magazine, in March 2023, India produced around 3.48 million metric tons of certified organic products like oil seeds, cereals, millets, cotton, and pulses. For another instance, a report published by Organic Food Produce, a US-based platform that is focused on informing and educating about organic fresh produce, sales of organic products grew by 3% in 2022 approximately $9.4 billion. Therefore, the surging demand for chemical-free crops is driving the growth of the biological seed treatment market.
Market Trends –
Technological advancements are the key trends in the biological seed treatment market. Major market players are concentrating their efforts on introducing new and advanced technologies to strengthen their position in the market. For instance, in May 2022, Syngenta AG, a Swiss-based agriculture science and technology company launched their new seed treatment, the VICTRATO® which uses novel technology such as the TYMIRIUM® technology which provides high performance and provides long-lasting protection against all plant parasitic nematodes and key fungal diseases for various types of crops.
The biological seed treatment market covered in this report is segmented –
1) By Crop Type: Corn, Wheat, Soybean, Cotton, Sunflower, Vegetable Crops, Other Crops
2) By Type: Microbials, Botanical, Other Types
3) By Function: Seed Enhancements, Seed Protection
4) By Formulation: Liquid Formulation, Dry Formulation
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Regional Insights –
North America was the largest region in the biological seed treatment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global biological seed treatment market report during the forecast period. The regions covered in the biological seed treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the biological seed treatment market report are BASF SE, Bayer AG, Syngenta AG, Novozymes, Valent BioSciences, Corteva Inc., Precision Laboratories LLC, Koppert Global, Hello Nature International Srl, Monsanto Company, DuPont, Verdesian Life Sciences, Croda International Plc, BioWorks Inc., Germains Seed Technology, Plant Health Care, Italpollina Usa Inc., FMC Corporation, Isagro S.p.A., Marrone Bio Innovations, Certis USA LLC, Terramera Inc., Andermatt Biocontrol AG, Symborg Corporate SL., Lallemand Plant Care, XiteBio Technologies Inc., Intrachem Bio Italia S.r.l., Bioiberica S.A.U., Rizobacter Argentina S.A., Agrinos AS, Novihum Technologies GmbH
Table of Contents
1. Executive Summary
2. Biological Seed Treatment Market Report Structure
3. Biological Seed Treatment Market Trends And Strategies
4. Biological Seed Treatment Market – Macro Economic Scenario
5. Biological Seed Treatment Market Size And Growth
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27. Biological Seed Treatment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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