Meticulous Research®—a leading global market research company, published a research report titled “Biological Seed Treatment Market by Type (Microbial {Bacteria}, Biochemical), Formulation (Liquid Formulation), Application Techniques (Seed Coating), Crop Type (Cereals & Grains {Corn, Wheat}, Oilseeds {Cotton}), and Geography - Forecast to 2029.”
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A report by Meticulous Research® forecasts the biological seed treatment market to grow at a CAGR of 12.7% between 2022 and 2029, reaching a market size of $3.59 billion by 2029. The growth is being driven by increasing demand for organic farming and food, greater environmental awareness, higher investments from leading companies, the need to enhance crop yields, and a decline in available agricultural land. However, market growth may face hurdles such as limited awareness among farmers, the short shelf life of treated seeds, and financial challenges for new entrants. Despite these obstacles, the development of biodegradable seed coatings presents significant opportunities for market growth.
The global market study includes historical data for 2020 and 2021, estimates for 2022, and forecasts through 2029. It segments the market by type (microbial, biochemical, and other treatments), formulation (liquid and dry), application method (seed coating, dressing, and pelleting), crop type (cereals, grains, oilseeds, and others), and function (seed protection and seed enhancement). The study also provides an extensive competitive analysis at both regional and country levels.
The microbial segment is expected to hold the largest market share in 2022, owing to its high efficiency, selectivity, and safety for humans, plants, and animals. Microbial treatments’ role in stimulating plant growth and promoting soil biodiversity, along with rising government efforts, is expected to drive their adoption.
The dry formulation segment is predicted to grow rapidly due to its ease of use, affordability, and convenient storage, which make it popular in developing markets.
The seed coating application technique is expected to dominate in 2022, thanks to its versatility across various crop types and its ability to improve the commercial appeal of seeds.
In the crop category, oilseeds are expected to register the highest growth, driven by increasing production, the demand for chemical-free organic oilseeds, and the growing popularity of plant-based foods.
Seed protection is projected to hold the largest share of the market in 2022 due to its cost-effectiveness, ease of handling, and capability to protect seeds from pests and diseases during storage.
Regionally, East Asia is expected to lead in market growth from 2022 to 2029, driven by a rise in organic farming practices, growing concerns over agrochemical use, and the need for better crop yields and quality in response to population growth.
Major players in the biological seed treatment market include BASF SE (Germany), Bayer AG (Germany), Syngenta AG (Switzerland), Corteva Inc. (U.S.), UPL Limited (India), Nufarm Limited (Australia), FMC Corporation (U.S.), Verdesian Life Sciences, LLC (U.S.), Novozymes A/S (Denmark), Valent BioSciences LLC (U.S.), Croda International Plc (U.K.), and Precision Laboratories, LLC (U.S.).
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