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Covid-19 Impact On Biological Seed Treatment Industry Growth, Top Manufacturers, Leading Key Player
Market Highlights
The seed treatments are used to provide seeds a protection against rotting of planted seeds by soil such as Pythium and Rhizoctonia solani. Biological treatment proliferate on the seed, moves to the root and fix nitrogen, enhance uptake of nutrients, protection of plant against soil-inhabiting, and help enhance plant growth.
Based on type, the global Biological Seed Treatment Industry has been segmented into microbials and botanicals. Microbials segment is anticipated to gain the largest revenue share in the global biological seed treatment market and shall maintain lead throughout the forecast period. The demand of microbial seed treatment is increasing, due to characteristics such as it increases stress tolerance, quick emergence, and promote nitrogen fixation. This is a crucial determinant that is catalyzing the growth of microbials biological seed treatment segment in the global biological seed treatment market. The same segment is expected to grow with the highest growth rate owing to the increasing demand for organically grown crops in the market.
Regional Analysis
The global ...
... biological seed treatment market has been segmented based on region, into North America, Europe, Asia-Pacific, Rest of the World.
North America is expected to dominate the global biological seed treatment market owing to increasing demand in the countries such as US, Canada, and Others. The number of populations is increasing in these countries of Asia-Pacific, due to which national and international associations and government are supporting the farmers to increase the agriculture production of grains, vegetables and fruits.
Asia-Pacific biological seed treatment market is expected to grow at a rapid pace due to growing demand for organic food. Additionally, the presence of market players is increasing in the biological seed market, as the investment required to commercialize and develop biological products is low. Additionally, limited gestation period is required which in turn, encourage large number of companies to invest in biological products. Moreover, Europe and RoW is also expected to project a significant market share owing to the increasing investments by the government in agricultural research.
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Key Players
Some of the key players in the global biological seed treatment market are BASF SE (Germany), Bayer AG (Germany), Syngenta AG (Switzerland), The Monsanto Company (US), Valent BioSciences LLC (US), Verdesian Life Sciences, LLC (US), Plant Health Care, Inc. (US), Precision Laboratories, LLC (US), Koppert B.V. (Netherlands), and Italpollina spa (Italy).
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