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The biological seed treatment market is projected to reach USD 1.7 billion by 2025, and it was valued at USD 0.9 billion in 2020. It is expected to grow with CAGR of 11.9%.
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BiologicalSeedTreatmentMarketAnticipatedtoGrow$1.7billionby2025BiologicalSeedTreatmentMarketAnticipatedtoGrow$1.7billionby2025 Theglobalbiological seed treatment marketsizewasvaluedatUSD0.9billionin2020.ThemarketisestimatedtoexpandtoUSD1.7billionby2025,exhibitingaCAGRof11.9%overtheprojectedperiod.Theglobaldemandforbiologicalseedtreatmentsolutionsisincreasingastheyensurethefarmersprotecttheirpotentialyieldqualitybyminimizingcroplosses.MarketsandMarkets™ providesthisinformationinitsresearchreport,titledBiologicalSeedTreatmentMarketGlobalForecast,2020-2025. DownloadPDFBrochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=162422288 KeyIndustryDevelopment: Withgrowingconcernsabouttheimpactofsyntheticpesticidesandfertilizersontheenvironmentandhumanhealth,thereisincreasingdemandforsustainableagriculturepractices.Biologicalseedtreatmentoffersanaturalandeco-friendlyalternativetochemicaltreatments. ReportScope&Segmentation: • KeyTakeaways: • Biologicalseedtreatmentmarketsizewasvaluedat0.9billionin2020. • Theglobaldemandforbiologicalseedtreatmentsolutionsisincreasingastheyensurethefarmersprotecttheirpotentialyieldqualitybyminimizingthecroplosses. • TheMicrobialsegmentisprojectedtobethelargestandfastestgrowingtypeofbiologicalseedtreatmentmarketduringthereviewperiod,intermsofvalue. • Thebiologicalseedtreatmentmarketishighlycompetitive,withnumerousplayersoperatingintheindustry.KeyplayersincludeBASFSE,BayerAG,NovozymesA/S,SyngentaGroup,CortevaAgriscienceetc. • NorthAmericanshowedasignificantgrowthinthebiologicalseedtreatmentmarket. • DriversandRestraints: • Environmentalconcernsassociatedwithchemicalseedtreatment. • Thedemandforbiologicalseedtreatmenthassignificantlyincreasedbecauseofhighawarenessoftheirpotentialandthegrowingattentiontotheenvironmentalandhealthrisksassociatedwith
conventionalchemicals.Chemicalseedtreatmentsaredetrimentaltotheenvironmentandposeaseriousrisktopollinators.Theneonicotinoidclassofinsecticidesisconsideredhighlytoxictohoneybees.Microorganismsemployedasactivesubstancesinpestmanagementarerecognizedasgenerallysafefortheenvironmentandnon-targetspecies,incomparisonwithsyntheticchemicals.conventionalchemicals.Chemicalseedtreatmentsaredetrimentaltotheenvironmentandposeaseriousrisktopollinators.Theneonicotinoidclassofinsecticidesisconsideredhighlytoxictohoneybees.Microorganismsemployedasactivesubstancesinpestmanagementarerecognizedasgenerallysafefortheenvironmentandnon-targetspecies,incomparisonwithsyntheticchemicals. CanGovernmentRegulationsBoostThisMarket Theregulatoryenvironmentforactivebiologicalingredientsdiffersbetweencountriesandregions.Generally,authoritiesaroundtheworldrecognizethatbiologicalseedtreatmentproductsarebeneficialbutdifferentfromchemicalplantprotectionproducts.Moreover,thisrecognitionhasnotnecessarilyledtoconsistentapproachesinregulatoryrequirementsorreviewprocesses.Insomecountries,biologicalsareregisteredunderspecificlegislation,ortheymayberegisteredinasimilarmanneraschemicalplantprotectionproducts.Attimes,therearereduceddatarequirements,andothertimestheremaybenowell-definedprocessatallfortheirregistration. InquiryBeforeBuying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=162422288 Segments: TheMicrobialsegmentisprojectedtobethelargestandfastestgrowingtypeofbiologicalseedtreatmentmarketduringthereviewperiod,intermsofvalue. Thebiologicalseedtreatmentiscategorizedintotwotypesnamelymicrobialandbotanicals.Themicrobialsegmentaccountedforthelargestshareintheglobalbiologicalseedtreatmentmarketduetothehigherdemandforbiofungicidesandbioinsecticides.Thesemicrobialseedtreatmentsiscarriedoutbybeneficialmicroorganismswhichcanreducethefertilizerandpesticideapplicationsandincreasetheyields,ataneconomicalprice. Bycrop,thecornsegmentaccountedforthelargestmarketshareinthebiologicalseedtreatmentmarket,intermsofvalue. Amongvariouscroptypes,thecornsegmentaccountedforthelargestmarketshareduetotherisenproductionofcorngloballyandthiscropisthemostpopularcerealtypeduetoitswiderangeofapplicationsasfeed,food,andindustrialfeedstock.Also,thecorncropisvulnerabletomanyinfectionsbyplantpathogensthroughoutthegrowingseasonandthushasmuchwiderrequirementforbiologicalseedtreatmentmethods. RegionalInsights: TheNorthAmericanmarketforbiologicalseedtreatmentisdrivenbytheincreasingdemandforsustainableagriculturepractices,aswellasthegrowingdemandfororganicfood.TheUnitedStatesisthelargestmarketinthisregion,withasignificantportionofitsagriculturalsectorfocusedonorganicandsustainablepractices. TheEuropeanmarketforbiologicalseedtreatmentisdrivenbytheincreasingfocusonsustainableagricultureandthegrowingdemandfororganicfood.TheEuropeanUnionhasstrictregulationsontheuseofsyntheticpesticidesandfertilizers,whichhasledtothedevelopmentofnewandinnovativebiologicalseedtreatmentproducts.
TheAsia-Pacificregionisthefastestgrowingmarketforbiologicalseedtreatment,drivenbytheincreasingadoptionofsustainableagriculturepracticesandthegrowingdemandfororganicfood.Chinaisthelargestmarketinthisregion,withasignificantportionofitsagriculturalsectorfocusedonorganicandsustainablepractices.TheAsia-Pacificregionisthefastestgrowingmarketforbiologicalseedtreatment,drivenbytheincreasingadoptionofsustainableagriculturepracticesandthegrowingdemandfororganicfood.Chinaisthelargestmarketinthisregion,withasignificantportionofitsagriculturalsectorfocusedonorganicandsustainablepractices. • TheLatinAmericanmarketforbiologicalseedtreatmentisdrivenbythelargeagriculturalsectorandthegrowingdemandforsustainableagriculturepractices.Brazilisthelargestmarketinthisregion,withasignificantportionofitsagriculturalsectorfocusedonorganicandsustainablepractices. • TheMiddleEastandAfricamarketforbiologicalseedtreatmentisgrowing,drivenbytheneedtoimprovefoodsecurityandtheadoptionofsustainableagriculturepractices.CountriessuchasEgyptandSouthAfricahavelargeagriculturalsectorsandareimportantmarketsforbiologicalseedtreatment. • ListofKeyPlayersMentionedintheReport: • BASFSE(Germany) • BayerAG(Germany) • NovozymesA/S(Denmark) • SyngentaGroup(Switzerland) • CortevaAgriscience(US) • ValentBioSciences(US) • HaveAnyQuery?AskOurExperts: • https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=162422288 • FAQs: • Whatistheprojectedmarketvalueoftheglobalbiologicalseedtreatmentmarket? • TheglobalbiologicalseedtreatmentmarketsizeisprojectedtoreachUSD1.7billionby2025. • Whatistheestimatedgrowthrate(CAGR)oftheglobalbiologicalseedtreatmentmarketforthenextfiveyears? • Theglobalbiologicalseedtreatmentmarketisexpectedtogrowatacompoundannualgrowthrate(CAGR)of11.9%from2020to2025. • Whatarethemajorrevenuepocketsinthebiologicalseedtreatmentmarketcurrently? • NorthAmericaisprojectedtobethefastest-growingregionintheglobalmarket.R&Dinvestmentsforthedevelopmentofbiologicalseedtreatmentandinstallationofnewproductioncapacitiesbykeyplayersareprojectedtodrivethemarketgrowthinthenextfiveyears.