Biological Seed Treatment Market Size, Trends, In-depth Analysis, Research Report Forecast up to 2027: Koppert and Incotec are key players.

Biological Seed Treatment Market is expected to grow at a CAGR of 11.22% to reach a market size worth US$2,682.044 million by 2027.

The prime factors propelling the market growth are the rising organic farming and the growing innovative to boost crop production without chemical usage.

The biological seed treatment market is expected to grow steadily during the forecast period.

Biological seed treatments include naturally occurring active compounds that protect against pathogens spread by the soil, lessen abiotic stress, and encourage plant development. They also use renewable resources. The market is anticipated to expand during the forecast period due to the surge in demand for crops produced without the use of chemicals. In addition, a shift in customer preferences towards improving personal health and consuming nutritious food will further fuel the demand for biological seed treatments. Furthermore, the government's increased regulations and efforts to combat climate change and global warming have also contributed to the market's growth. Additionally, introducing new products into the market is anticipated to fuel market expansion.

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The biological seed treatment market has been categorized based on type, crop, function, and geography

By type, the market has been segmented into microbial and botanicals. The microbial seed treatment is expected to constitute a significant market share during the forecasted period because, in contrast to pesticides and synthetic products, microbial seed treatments successfully preserve soil nutrients and avoid degradation over time because of their organic characteristics. For instance, according to the Research Institute of Organic Agriculture, at least 3.1 million farmers in the United States handled 72.3 million hectares of farmland organically in 2019 which will increase the requirement for microbial seed treatment and hence will boost the biological seed treatment market growth.

Based on crop, the market has been segmented into corn, wheat, soybean, cotton, vegetable crops, and others. However, the soybean will constitute a significant market share during the forecasted period because, for growth and development, the soybean crop requires a lot of nitrogen exposure for growth and development, which biological fixation by seed inoculants can provide. Hence, the rising soybean crop production will boost the growth of the biological seed treatment market.

The market has been segmented by function into seed protection and seed enhancement. Seed protection will have a significant market share during the forecasted period as certain pests and fungi are specifically controlled by biological seed treatments for seed protection. Moreover, during the period of the seedlings so to manage a wide range of pests, biological seed treatments are applied to several crops for seed protection which will boost the market growth.

North America is expected to retain a considerable market share by region due to the rising demand for premium farm products. The demand for the product in the area is also influenced by the demand for organic goods that do not use chemical seed preparation but require biological seed treatment. The increasing organic product sales will boost the biological seed treatment market growth. The U.S. Department of Agriculture's National Agricultural Statistics Service (NASS) released the findings of the 2021 Organic Survey, which indicate that organic product sales totaled $11.2 billion, up $1.28 billion (13%), from 2019. There were 17,445 organic farmers with certification, up 5% from 2019.

The major players covered in the biological seed treatment market study are BASF, Bayer AG, Syngent, Koppert, Incotec, Plant Health Care, Bioworks, Inc., Verdesian Life Sciences, Corteva, Inc. and Albaugh, LLC.

This Biological Seed Treatment Market has been analyzed into the following segments:

• By Type

o Microbials
o Botanicals

• By Crop

o Corn
o Wheat
o Soybean
o Cotton
o Vegetable Crops
o Others

• By Function

o Seed Protection
o Seed Enhancement

• By Geography

o North America

• USA
• Canada
• Mexico

o South America

• Brazil
• Argentina
• Others

o Europe

• Germany
• France
• United Kingdom
• Others

o Middle East and Africa

• Saudi Arabia
• UAE
• Others

o Asia Pacific

• China
• India
• Japan
• South Korea
• Thailand
• Taiwan
• Indonesia
• Others

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• Global Seed Coating Market
https://www.knowledge-sourcing.com/report/global-seed-coating-market

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Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm publishing market research studies across ten industry verticals. KSI has a team of experienced and young professionals who focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports annually centering on the niche and latest technologies. In addition, we engage with key decision-makers and stakeholders across the value chain to provide clients with a detailed analysis and bird's-eye view of the market with complete market dynamics, statistical forecasts, competitive analysis, key trends, market drivers, and challenges, and strategic recommendations for making informed decisions. Our success lies in our analysts' efforts to meet client expectations by delivering quality work within the stipulated deadlines.

This release was published on openPR.