Biological Seed Treatment Market Driven By Growing Demand For Pesticide Free Crops Till 2025

September 17 03:16 2019
Biological Seed Treatment Market Driven By Growing Demand For Pesticide Free Crops Till 2025

Grand View Research, Inc. – Market Research And Consulting.
According to report published by Grand View Research, Rising inclination of consumers toward pesticide-free crops is likely to drive the market growth over the forecast period. Biological treatment uses naturally-derived raw materials to protect seeds from various pests and diseases.

According to a report,“Biological Seed Treatment Market Size, Share & Trends Analysis Report By Product (Microbials, Botanicals & Others), By Function, By Crop, By Region, And Segment Forecasts, 2019 – 2025”, published by Grand View Research, Inc.,

The global biological seed treatment market size is projected to reach USD 1.8 billion by 2025, exhibiting a remarkable CAGR of 11.6%, according to a new report by Grand View Research, Inc. Rising inclination of consumers toward pesticide-free crops is likely to drive the market growth over the forecast period. Biological treatment uses naturally-derived raw materials to protect seeds from various pests and diseases.

According to a research conducted by The Energy and Resources Institute (TERI), New Delhi, India, biological seed treatment of corn, soybeans, cotton, and cereal grains has resulted in an increased yield of up to 10.0%. The treatment acts as a biostimulant and helps facilitate early growth rate. It promotes microorganisms to colonize the roots, thus protecting the crops during the entire growth season.

Biological seed treatment is garnering more importance as compared to chemical treatment due to the shifting preference of consumers toward healthy and organic food. The harmful side effects resulting from excessive usage of chemical products have led to rising awareness related to biobased products. In most of the developing countries, farmers have started adopting organic farming, which has directly impacted market penetration.

Biofungicides and bioinsecticides are mainly used for seed protection while biofertilizers and biostimulants are used for seed enhancement to boost harvesting yield and quality. Among these, biofungicides are likely to witness relatively higher growth rate and the segment is anticipated to grow at a CAGR of 12.1%, in terms of revenue, from 2019 to 2025.

Europe was the largest product consumer with a market share of over 38.8%, in terms of volume, in 2018. The region is anticipated to grow at a CAGR of 10.0% from 2019 to 2025. The growing agriculture industry aided by land availability and government support is likely to pave the way for growth of the European market. Various regulations have been established by multiple agencies against the excessive use of synthetic agricultural chemicals in the region, which are in turn projected to benefit the market growth.

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https://www.grandviewresearch.com/industry-analysis/biological-seed-treatment-market

U.K. Biological Seed Treatment Market Size, By Product, 2014 - 2025 (USD Million)

Further key findings from the report suggest:

  • Microbials product segment dominated the biological seed treatment market owing to their high effectiveness in the protection of crops & seeds

  • On the basis of function, seed protection segment accounted for the largest market share of over 67.3%, in terms of revenue, in 2018 and it is likely to grow at a CAGR of 11.8% from 2019 to 2025

  • Some of the key industry participants include Bayer CropScience, BASF SE, Italpollina S.p.A., Monsanto Company, Syngenta AG, Koppert Biological Systems, DowDuPont, Incotec, Plant Health Care plc, and Precision Laboratories, LLC

  • In September 2018, DowDuPont got approval for its new herbicide MezaVue, which is available in the market since January 2019

  • In March 2019, Italpollina acquired Horticultural Alliance, Inc., a U.S.-based horticulture company, specializing in the production of mycorrhizal inoculants and other beneficial bacteria for organic plant health maintenance.

Browse More Reports in Agrochemicals & Fertilizers Industry:

  • Agrochemicals MarketFertilizers, crop protection chemicals, and plant growth regulators were some of the widely used agrochemicals in 2016. The industry is driven by the growing demand for crop protection chemicals due to frequent outbreaks of pest attacks on crops, which result in heavy losses.  

Global biological seed treatment market share, by crop type, 2018 (%)

Grand View Research, Inc. has segmented the biological seed treatment market on the basis of product, function, crop type, and region.

Biological Seed Treatment Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)

  • Microbials

    • Bacteria

    • Fungi

  • Botanicals & Others

Biological Seed Treatment Function Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)

  • Seed Protection

    • Bioinsecticides

    • Biofungicides

    • Others

  • Seed Enhancement

    • Biofertilizers

    • Biostimulants

Biological Seed Treatment Crop Type Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)

  • Corn

  • Wheat

  • Soybean

  • Cotton

  • Sunflower

  • Vegetable Crops

  • Others

Biological Seed Treatment Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • U.K.

    • France

    • Poland

    • Italy

    • Spain

    • Turkey

    • Ukraine

    • Russia

    • Hungary

    • Netherlands

    • Austria

    • Sweden

    • Norway

    • Switzerland

  • Asia Pacific

    • China

    • Japan

    • India

  • Central & South America

    • Brazil

  • Middle East & Africa

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About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 126 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 4126 analysts and consultants, the company adds 121200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 600 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

For more information: www.grandviewresearch.com

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