Global Biological Seed treatment Market by Geography, Market Forecast (2019-2032) (US $MN)
SRMV market Research forecasts the biological seed treatment market to grow from USD 927 million in 2019 to USD 4651.38 million by 2032, at a Compound Annual Growth Rate (CAGR) of 13.21% during the forecast period. The factors driving the market are rising Preference of sustainable agricultural practices, increasing investments in Bio Products in Europe and growing concern for harmful pesticides and fertilizers.
Biological substances are applied to the seed in a powder form or as a liquid. An even layer covers the whole seed. In this way, the beneficial ingredients are available to the seed when it requires them. It acts as a bio stimulant helping plants to fight off plant pathogens and minimize biotic stress colonize the roots and protect the crop during the entire growing season. The biological seed treatment can be combined with chemical crop protection agents to ward off other insects and diseases.
Grains and Cereals Segment is projected to grow at highest rate from 2020 to 2032.
Biological Treatment Involve in the use of seed, particularly in small grain cereals, e.g. Corn, wheat, barley, and oats. These seed treatments are composed of fungicides that have a variety of chemistry. Rise in demand for agricultural production. Increasing demand from downstream markets in the due to the major prerequisite of corn as animal protein and ethanol in the feed and automobile industries, and food & beverage and feed industries has boosted the overall demand.
Seed Coating Application Technique shown a considerable rate of growth during the forecast period.
Seed coating formulations offer an increasingly precise mode of applying products in the field, and provide a high level of protection against insects and disease while reducing potential exposure of humans and the environment to crop protection products. Improved adhesion and coverage so all beneficial additives stay on the seed Protection of operators and beneficial from dust with emissions reduced by up to 95 percent these features drive the market growth of this segment. Coatings require advanced treatment application technology but at low cost leads to its constant growth in this segment.
North America tends to gain the market with the largest share in 2019
North America is predicted to be largest biological seed treatment market in due to the presence of many multinational companies in that region that particularly carried out many ongoing projects related to biological seed treatment. The systematic procedure adopted by North American Agro-chemical regulatory agencies have been supportive of the product registration process as compared to Europe. North America was followed by the European market in 2019 which has also witnessed a strong adoption trend of these products due to rising concern of climate change in this region.
Companies operating in the field of Biological seed treatment market are BASF (Germany), Bayer (Germany), Syngenta (Switzerland), Monsanto Bioag (US), DuPont (US), Valent BioSciences (US), Verdesian Life Sciences (US), Precision Laboratories (US), Koppert (Netherlands), Italpollina (Italy), Incotec (Netherlands) and Plant Health Care (US).
Based on Crop
· Plantation Crops
· Grains, Oil Seeds and Cereals
· Vegetable Crops and Fruits
· Other Crops
Based on Treatment
· Chemical seed treatment
· Non chemical seed treatment
Based on Types
· Botanical
· Microbial
· Other Types
Based on Application Techniques
· Seed Coating
· Seed Dressing
· Seed Pelleting
Based on Functions
· Seed Enhancement
· Seed Protection
Research Approach
SRMV market research is carried by extensive usage of secondary research sources, like research publications, Associations, Journals and Government websites to validate and collect information useful for this technical, market-oriented, and commercial study of every market. The points mentioned below explain the research methodology applied in making report.
- Primary and secondary research has been conducted to determine the market segmentation, analytical data that linked to the research area across various countries for different technologies and services over a period of time.
- Key players are identified by their shares, performance, etc. thereby, company profiling is provided by secondary research.
- Based on all the gathered data, an analysis has been done to categorize the best performing or promising technology, service, or area of market in respective countries that holds major part of the market globally.
What we offer in reports:
- Market Strategies for the new entrants and for International Expansion.
- Market growth assessments on the regional and global bases of various geographies.
- Opportunity Assessment and Competitor Assessment for every market.
- Strategic recommendations in key business segments based on the market estimations.
- Product portfolio with Product to Market Assessment, geographical presence and their performance analysis.
- Technology Exploration, Supply Chain Analysis.
- Production Analysis, Application Analysis and Feasibility Analysis of each segment.
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Porter’s five forces analysis, SWOT analysis, etc.
- Supply chain trends mapping the latest technological advancements of many companies in company profiling.
- Polices and Regulatory Factors that exists and new that control the market and its trend.
Keine Kommentare:
Kommentar veröffentlichen