Biological Seed Treatment Market
Biological Seed Treatment Market (Biological Treatment Type - Bacteria, Fungi, Botanicals and Other Types; Crop Type - Corn, Wheat, Soybean, Cotton, Sunflower, Vegetable and Other Crops; Function - Biofertilizers, Biostimulants, Bioinsecticides, Biofungicides and Other Functions) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2026
Press Release :
Increasing impact of unfavorable farming conditions on the global agricultural production has weighed down the production of food items and beverages. To avoid famines and starvation, farmers are partnering with leading agricultural research organizations and adopting biological seed treatment options. From insects and insecticides to rare plant diseases, biological seed treatment is witnessing higher adoption for its advantage in enabling the crop to fight such deterrents. In addition, proliferation of sustainable agricultural practices has driven the adoption of biological seed treatment, particularly among government-controlled farming communities. Farmers are demand an early evaluation of field performance to understand the treatment specification of their crop profile.
Transparency Market Research has developed an exclusive forecast study, which weighs the impact of such trends and factors on the expansion of the global biological seed treatment market. The report estimates that by the end of 2026, around US$ 715 Mn worth of biological seed treatment will be adopted across the globe. The report further projects that the global biological seed treatment market will expand robustly at a CAGR of 10.2% over the forecast period, 2017-2026. The report also observes North America as the largest and the fastest-growing market for biological seed treatment. By the end of 2026, North America’s biological seed treatment market is pegged to touch valuation of US$ 306 Mn.
Demand for Biological Seed Treatment against Bacteria to Register an Upsurge
The report reveals that by the end of 2026, majority of biological seed treatments adopted across the globe will be directed to protect the seeds from bacterial intervention. Growing vulnerabilities of seeds towards bacterial attacks has driven the adoption of biological seed treatments against bacteria. By the end of 2026, over US$ 300 Mn worth of biological seed treatment will be adopted globally for treating the seeds with bacterial resistance. The report also reveals that the fungi-type and botanical-type biological seed treatment will reflect healthy revenue growth at 11% CAGR over the forecast period.
Biological Treatment of Corn Seeds to Gain Traction
In 2018 and beyond, corn will remain a key type of crop in the global biological seed treatment market. Biological treatment of corn seeds is expected to bring in more than US$ 305 Mn revenues by the end of 2026. Extensive use of corn in production of multiple food products is expected to drive its demand during the forecast period. The report also reveals that biological seed treatment of cash crops such as cotton will be highly prioritized by market players in order to reap high profit growth. The report also reveals that by the end of 2026, majority of biological seed treatments will serve the function of biostimulants, raking in revenues worth nearly US$ 240 Mn from around the world.
The report has identified leading market players, which include companies namely, Syngenta AG, Bayer CropScience, BASF SE, Monsanto Company, E. I. du Pont de Nemours and Company, INCOTEC Group BV, Koppert B.V., Italpollina SpA, Precision Laboratories, Inc., Plant Health Care, Inc., Valent Biosciences Corporation, and Verdesian Life Sciences, LLC. In the foreseeable future, several companies in the global biological seed treatment market are expected to witness a growing adoption of advanced seed coating technologies. New biological seed treatment options will enter the market, and companies will focus on extending their function as growth regulators and biological nutrient enhancers.
Global Biological Seed Treatment Market: Overview
Advancements in farming technology has led to the utilization of biologicals in a variety of methods for treating seeds and crop grains. Foliar sprays are being used to coat seeds, and such a biological treatment of seeds is aimed to protect them from external factors such as pest infestation, harsh weather and plant diseases. Uncontrollable growth in global population will continue to elevate food consumption levels, compelling farmers from several parts of the world to adopt biological seed treatment options. The key role of biological seed treatments in enhancing the crop efficiency will drive their adoption in the coming years. Farmers will be adopting biological seed treatment to protect their farm produce from diseases and pests, and extend the overall farmland productivity.
Transparency Market Research has developed an exclusive forecast study that traces the evolution of biological seed treatments and foresees their future prospects for the forecast period, 2017-2026. The report offers comprehensive analysis and forecast on the global biological seed treatment market, providing objective information on range of market-related issues. The report caters to the key concerns of market players, from production challenges to supply chain complexities. In addition, recent technological advancements in biological seed treatment have been analyzed in the report to capture an all-embracive understanding of the market.
Comprehensive Analysis and Market Taxonomy
Consumer-side and supplier-side research approach has been employed in development of this research. Insights from trade analysts and qualitative data procured through desk research has helped in creating a roadmap of how the global biological seed treatment market will evolve during the assessment period. Statistical forecasting methods have been incorporated to develop accurate market size forecasts. The report has interpreted this data from a variety of sources and through multicultural standpoints. Social, cultural, economic, and psychological influences affecting the adoption of biological seed treatment have been identified and studied. Consumer survey information from authentic databases has been procured to connect their association with the forecasted market size estimations.
Leading companies partaking in the global biological seed treatment market have been profiled in the report. Each player has been studied on the basis of their current market standings and strategic developments. From advancements in introducing multi-functional biological seed treatments to production of new treatment alternatives, the report has assessed several aspects encompassing the global biological seed treatment competition landscape. Inferences provided in the report are aimed at improving the understanding of market players, and helping them plant their next steps towards future market direction. Insights provided on competitor analysis are completely unbiased and validated through multiple levels of quality checks. The key scope of this report is to extend the abilities of these companies in improving their business growth in the near future.