The global Biological Seed Treatment Market is estimated to be valued at US$ 1186.51 Mn in 2023 and is expected to exhibit a CAGR of 5.8% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
Biological seed treatment help protect crops from fungal and bacterial diseases during germination and growth. These products contain beneficial microorganisms that colonize the seed surface and root system, defending the plant against pathogens. Biological treatments aid in healthy root development, nutrient uptake and drought tolerance. The need for sustainable agricultural practices and consumer demand for chemicals free food is driving adoption of biological seed treatments across major crop types such as corn, soybean, wheat and cotton.
Market key trends:
The increasing adoption of biological seed treatment products can be attributed to the growing awareness regarding environmental sustainability and safety concerns associated with chemical-based crop protection solutions. Biologicals offer a viable alternative to chemical pesticides and help improve soil health when used over a period of time. Factors such as regulatory push towards reducing chemical pesticide residues and innovation in delivery technologies are also supporting the mass-scale application of microorganisms-based seed treatments. Going forward, collaborations between seed and biologicals companies will further catalyze the development of product synergies suitable for diverse cropping conditions.
SWOT Analysis
Strength: Biological seed treatment offers protection against various pests and diseases without damaging the environment. It can enhance crop resilience and yield.
Weakness: High costs associated with R&D of new biopesticides. Strict regulatory approvals for new biological products.
Opportunity: Increasing demand for organic and sustainable farming practices is driving the adoption of biological seed treatment. The growth of non-food crop sectors also provides new opportunities.
Threats: Exposure to extreme weather conditions can reduce the efficacy of some biological products. Slow adoption rate in developing regions.
Key Takeaways
The global Biological Seed Treatment Market Scope is expected to witness high. The global Biological Seed Treatment Market is estimated to be valued at US$ 1186.51 Mn in 2023 and is expected to exhibit a CAGR of 5.8% over the forecast period 2023-2030.
The Asia Pacific region currently dominates the global market due to the large area under cultivation and growing awareness about biopesticides. China, India, and Japan are some of the major countries adopting biological seed treatment solutions. North America and Europe are also significant markets driven by stringent regulations against chemical pesticides.
Key players
Key players operating in the biological seed treatment market are Allan Chemical Corporation, CABB GmbH, Changshu Nanhu Chemical Co., Ltd., Fujian Fukang Pharmaceutical Co., Ltd., Nantong Zhongwang Additives Co., Ltd., Karn Chem Corporation, Niacet Corporation, NOAH Technologies Corporation, Shanxi Xinzhou Chemical Reagent Factory, and Spectrum Chemical Manufacturing Corporation.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
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