According to Stratistics MRC, the “Global BiologicalSeed Treatment Market” is accounted for $823.48 million in 2018 and is expected to reach $2,493.54 million by 2027 growing at a CAGR of 13.1% during the forecast period. Increasing demand for chemical-free crops, less labour intensity, and focus on premium quality agricultural products are the major factors driving the market growth. However, limited product availability may hinder the growth of the market.
Seed treatment involves the application of chemical, physical, and biological agents during planting to improve the health of crops. It controls soil- and seed-borne infections and diseases. In addition, it improves the harvest, reduces germination time, and enhances overall productivity.
By Crop, Grains and Cereals segment is likely to have a huge demand during the forecast period. The need for biological seed treatment in grains and cereals, especially corn, has been experiencing generous growth due to its noteworthy demand in the feed and automotive industries.
Based on Type, Microbials segment is going to have a lucrative growth during the forecast period. Microbial seed treatment consists of fungal as well as a bacterial seed treatment. In microbial treatment, bacteria, such as Bacillus, Rhizobia, Pseudomonas, and Streptomyces, and fungi, such as mycorrhizae, Trichoderma harzianum, and Penicillium bilaii are used to destroy the pathogens and improve seed health. These are highly efficient in shielding crops from drought, insects, pests, and plant diseases. Some bacteria such as Rhizobacteria, carry out nitrogen fixation, release antibiotics to destroy pathogens, amplify the availability of phosphorous, stimulate systematic resistance to plant pathogens, and are vital for the wellbeing of a plant. Bacteria, such as Streptomyces Bacillus and Pseudomonas, release soluble phosphorus and reduce the dependency of crops on phosphate-based fertilizers. Seeds treatment is able to provide an effective mechanism for the placement of microbial inoculum in the soil environment, where they are suitably located to inhabit the seedling & roots and guard them against soil-borne diseases and pests.
Depending upon Treatment Method, the Seed Dressing segment dominates the market for biological seed treatment. It is the most common method of seed treatment. The seed is dressed with either a dry formulation or wet treated with a slurry or fluid formulation. Dressings can be applied at both farm and industries. Reasonably priced earthen pots can be used for mixing pesticides with seed or seed can be spread on a polythene sheet and requisite amount of chemical can be sprinkled on seed lot and mixed mechanically by the farmers. Dressing ensures seed protection during germination and also assures healthiness of plants at the commencement of plant growth and development.
On the basis of Function, the Seed Enhancement segment is anticipated to hold considerable market share during the forecast period. Seed enhancement is an array of treatments of seeds that enhances their performance after harvesting and conditioning, but before they are sown. They include hardening, priming, steeping, pre germination, pelleting, film-coating, encrusting, tagging and others, but excludes treatments for control of seed-borne pathogens.
By geography, North America is going to have a lucrative growth during the forecast period owing to the streamlined strategy, procedures, and effective response adopted by agrochemical authorities in the region. The number of organic producers in this region has increased considerably. Most of the organic producers are based in the US and Canada.
Some of the key players in Biological Seed Treatment Market include BASF, Bayer, Dupont, Precision Laboratories, Syngenta, Koppert, Italpollina, Valent Biosciences, Monsanto Bio at, Incotec, Plant Health Care, Verdesian Life Sciences, Groundwork Bio Ag, Novozymes, and Marrone Bio Innovations.
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