The global Biological
Seed Treatment Market is forecasted to reach USD 2,037.5
million by 2027, according to a new report by Reports and Data. The growing
demand from emerging markets will help the biological seed treatment market to
maintain stable growth over the forecast period. The adoption of modern farming
techniques will provide strength to the Biological Seed Treatment Market and
will also help in its growth over the forecasted period.
The
report offers a thorough analysis of the regions with regards to production and
consumption patterns, supply and demand dynamics, import/export, technological
and product advancements, current and emerging trends, consumer demands,
consumer behavior shifts, and presence of key market players in each region.
The report also covers a comprehensive country-wise analysis to impart better
understanding of the scope and growth of the market.
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Key Players:
Key participants
include BASF SE, Syngenta International AG, Bayer CropScience AG, DuPont,
Monsanto Company, Koppert Biological Systems, ADAMA agricultural solutions,
Plant Health Care, Incotec, and Verdesian Life Sciences, among others.
Further
key findings from the report suggest:
- The microbials segment accounted
for the largest market share of the biological seed treatment in 2019. The
need to improve crop quality and human health is most likely to increase
the usage of the microbials in the agricultural sector.
- Seed enhancement held the largest
market share of 57.68% in 2019 and is expected to maintain steady growth
over the forecast period. The biostimulants help in the improvement of the
rate and frequency of germination.
- Increasing use of biofertilizers
and bioinsecticides for treating vegetable seeds and rising awareness
regarding the adverse effects of agrochemicals is expected to drive the
growth of biological seed treatment solutions for the production of
vegetable crops.
- North America accounted for the
largest market share of the biological seed treatment solutions in 2019.
The increasing need for higher yield and eradication of pathogens from the
plants is driving the use of biological seed treatment solutions by the
farmers in the region.
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Market
Segmentation:
Product Outlook
(Revenue, USD Million; 2017-2027)
- Botanicals & others
- Microbials (Fungi, Bacteria)
Function Outlook
(Revenue, USD Million; 2017-2027)
- Seed Enhancement (Biostimulants,
Biofertilizers)
- Seed Protection (Biofungicides,
Bioinsecticides)
Crop Type Outlook
(Revenue, USD Million; 2017-2027)
- Wheat
- Corn
- Sunflower
- Cotton
- Soybean
- Vegetable crops
- Others
Regional Outlook
(Revenue, USD Million; 2017-2027)
- North America
- U.S
- Canada
- Europe
- Germany
- U.K
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
- MEA
- Saudi Arabia
- UAE
- Rest of MEA
- Latin America
- Brazil
- Rest of LATAM
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Identifying the basic business
drivers, challenges, and tactics adopted:
·
The report provides
intrinsic details and fluctuating aspects that influence the commercial
dynamics of the Biological Seed Treatment market along with integral factors of
the rise in the demand for the product have been mapped across vital
geographical regions.
·
An overview of
the multifarious applications, business areas and the latest trends observed in
the industry has been laid out by this study.
·
Various
challenges overlooking the business and the numerous strategies employed by the
industry players for successful marketing of the product have also been
illustrated.
·
The research
inspects the sales channels (indirect, direct, marketing) that companies have
chosen for the primary product distributors and the superior clientele of the
market.
Thank
you for reading this article. You can also get chapter-wise sections or
region-wise report coverage for North America, Europe, Asia Pacific, Latin
America, and Middle East & Africa.
