Biological Seed Treatment Market is Increasing Concerns for Seed Treatment and Expand Exponentially by 2030

August, 2023 - Market Research Future has Published a Research Report on the Global Biological Seed Treatment Market.

Market Insights

Biological Seed Treatment market is estimated to reach USD 10.4 billion by 2030, growing at a CAGR of 9.1% during the forecast period. This research report got published by Market Research Future, where analysts have studied the market and came up with the most outstanding result of growth factors behind the market. There has been a progressive growth graph of the market since past years and is ready to pursue more for the upcoming years as forecasted.

The global biological seed treatment market is proliferating rapidly owing to the increasing impact of the unfavorable farming condition in the present time. This has weighed down the production of food items and vegetables. Therefore, to avoid starvation, the farmers are partnering with some of the leading agricultural research organizations and adopting biological seed treatment options that are becoming advantageous for ending rare plants diseases and insects. These factors are witnessing the global market with rapid expansion by enabling crops to fight deterrents. The global biological seed treatment market is also being triggered towards growth owing to the benefits of seed varieties such as improved nutritional quality, high yield, reduced crop damage, and disease resistance.

Global Biological Seed Treatment Market: Drivers & Trends

The prime factors behind the growth of biological seed treatments market are the investments made by several agrochemical companies. Several key players in various developed regions are actively involved in catching regulatory approvals for their biological products. Also, numerous agricultural technology companies are working persistently on educating upon the benefits of advanced seed treatments, which would help them get strongholds in the global biological seed treatment market.

With this, the proliferation of supportable agricultural practices has also driven the adoption of biological seed treatment and reaping the global biological seed treatment market in significant ways. Such actions are particularly taken by government-controlled farming communities, where farmers are benefitted with awareness about the benefits of biological seed treatments.

As per the report, it also reveals that by the end of 2023, the majority of biological seed treatments accepted across the globe will be focused to protect the seeds from bacterial involvement. Therefore, the growing exposure of bacterial attacks on seeds has also driven the adoption of biological seed treatments against them.

Market Segmentation

According to the reports of Market Research Future, the global biological seed treatment market has been segmented based on type, crop type, function, and region.

By type, the global biological seed treatment market has diverged as microbial and botanicals.

By crop type, the global biological seed treatment market has been segregated as cereals & grain, fruits & vegetables, oilseeds & pulses, and others.

By function, the global biological seed treatment market has been classified as seed protection and seed enhancement.

Key Players

The protruding players operating in the global biological seed treatment market are 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), Italpollina spa (Italy)

Regional Outlook

Geographically, the global biological seed treatment market is spanned across regions, namely North America, Europe, Asia-Pacific, and the Middle East & Africa.

Among them, North America is likely to account for the largest revenue share in the global biological seed treatment market. Whereas, Asia-Pacific is expected to expand with the highest CAGR during the forecast period owing to the existence of several key market players in the region and the surging agricultural exports across the globe. Other reasons for leading the market share can be attributed to the growing preference of farmers for biologically treated seed varieties opposed to utilizing seeds from the last harvest. Furthermore, the surge in the production of crops and increasing government initiatives in Europe’s agriculture industry are also driving the region’s biological seed treatment market growth.