Biological Seed Treatment Market Worth $3.8 Billion By 2030: IndustryARC
Biological Seed Treatment market size is expected to reach $3.8 billion by 2030 after growing at a CAGR of 11.1% during the forecast period 2024-2030, according to the latest market research report published by IndustryARC. The growing need for food security, concerns over the environmental impact of chemical treatments and stringent regulations are poised to propel the market, finds IndustryARC in its recent report, titled “Biological Seed Treatment Market - By Product (Microbials and Botanicals), By Form (Powder and Liquid), By Crop Type (Grains & Cereals, Fruits & Vegetables, Commercial Crops, Oil Seeds and Others), By Function (Seed Protection and Seed Treatment), By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030”
Stringent Regulations to Drive the Market
Governments worldwide are implementing tighter controls on the use of chemical pesticides and fertilizers due to their adverse effects on human health and the environment. These regulations often involve restrictions on the types and quantities of chemicals that can be used, mandatory safety evaluations and the enforcement of maximum residue limits in food products. At the end of 2023, Law 14,785/2023 was published in Brazil’s official gazette, creating a new regulatory framework for chemical pesticides and environmental control products. The new law aims to regulate research, experimentation, production, packaging, labeling, transportation, storage, commercialization, use, import, export, destination of waste and packaging, registration, classification, control and inspection of these products. As a result of such stringent regulations farmers and agricultural companies are compelled to seek alternative solutions such as biological seed treatments to comply with these regulations.
Biological Seed Treatment Market 2023-2030: Segmentation
By Product
• Microbials
• Botanicals
By Form
• Powder
• Liquid
By Type
• Grains & Cereals
• Fruits & Vegetables
• Commercial Crops
• Oil Seeds
• Others
By Function
• Seed Protection
• Seed Treatment
By Geography
• North America
• South America
• Europe
• Asia-Pacific
• Rest of the World
Biological Seed Treatment Market Report – Key Takeaways:
• Rising Need for Food Security
o According to the UN, the global population is expected to reach 8.6 billion by 2030. As the global population continues to rise, there is increasing pressure on agricultural systems to produce and distribute sufficient food to meet demand. Biological Seed Treatment plays a crucial role in ensuring that food products including grains, seeds and fresh produce are safely from pests and grow healthy. Effective seed treatment translates to higher yield contributing to overall food security.
• Fruits and Vegetables to grow the fastest
o Fruits and vegetables are the fastest growing segment in biological seed treatments due to the increasing consumer demand for fresh produce free from synthetic chemicals. As awareness of the health benefits of consuming pesticide-free fruits and vegetables grows, farmers are turning to biological seed treatments as a safer and more sustainable option. These crops are particularly sensitive to pests and diseases. According to the Indian Council of Agricultural Research, it is estimated that 25-30% yield is lost due to pest attack in vegetable crops. As a result, effective seed is protection crucial for maintaining high yields and quality. This shift towards sustainable agricultural practices is driving the rapid adoption of biological seed treatments in the fruits and vegetables segment.
• Asia Pacific to grow the fastest
o The Asia Pacific region is expected to grow with the fastest CAGR during the forecast period 2024-2030 in the Biological Seed Treatment Market, driven by owing to high agricultural activities in the region. According to FAO, China is the largest producer of various crops, including rice, wheat, pears, peaches, potatoes, lettuce, cabbage and other vegetables. Asian countries are also top exporters of agricultural commodities. According to data from the Ministry of Agriculture and Rural Affairs, China's exports of agricultural products edged up 0.9% year on year to $98.93 billion in 2023. To ensure high yield and to comply with stringent export regulations, the demand for biological seed treatment is expected to go up.
Key Opportunity Analysis:
Big Data in Agriculture
The integration of big data analytics into agriculture presents a significant opportunity for enhancing biological seed treatments. By leveraging vast amounts of data collected from various sources such as weather patterns, soil health, crop performance and pest attacks, companies can develop more precise and effective seed treatments. Big data enables predictive modeling allowing farmers to anticipate disease outbreaks and optimize seed treatment applications accordingly. Additionally, data-driven insights can help in customizing treatments to suit specific regional conditions, crop types and farming practices, resulting in improved yield and cost efficiency.
Innovation in Crop-Specific Treatments
There is a growing demand for crop-specific biological seed treatments that address the unique challenges of different crops, offering tailored solutions for enhanced yield and disease resistance. By focusing on developing and marketing treatments that cater to specific crop types such as cereals, grains, vegetables, or fruits, companies can differentiate themselves in the market and meet the precise needs of farmers. This approach not only improves the efficacy of treatments but also allows for the development of products that command higher prices. Additionally, as global agriculture shifts towards more diversified crop production to meet food security and sustainability goals, the need for specialized biological treatments is expected to increase.
The Report also Covers the Following Areas:
• Biological Seed Treatment Market size and Forecast
• Biological Seed Treatment Market trends
• Biological Seed Treatment Market analysis by crop type
Biological Seed Treatment Market 2023-2030: Key Highlights
• CAGR of the market during the forecast period 2024-2030
• Value Chain analysis of key stake holders
• Detailed analysis of market drivers and opportunities during the forecast period
• Biological Seed Treatment market size estimation and forecast
• Analysis and predictions on end user behavior and upcoming trends
• Competitive landscape and Vendor market analysis including offerings, developments, and financials
• Comprehensive analysis of challenges and constraints in the Biological Seed Treatment Market
Biological Seed Treatment Market Players:
The companies profiled in the Biological Seed Treatment market include:
• Bayer AG
• BASF SE
• Syngenta
• Corteva
• Koppert
• UPL
• Valent BioSciences LLC
• Plant Health Care Inc.
• Verdesian Life Sciences LLC
• Novozymes
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