Global Biological Seed Treatment Market

Biological Seed Treatment Market Size, Share, Growth Analysis, By Crop(Corn, Wheat, Soybean, Cotton), By Type(Microbial (Bacterial, Fungal), Botanical & Others (Biofermentation Products and Natural Polymers & Derivative)), By Function(Seed enhancement (Biofertilizers, Biostimulants), Seed protection (Bioinsecticides, Biofungicides), By Region - Industry Forecast 2024-2031

Report ID: SQMIG15C2042 | Region: Global | Published Date: September, 2024
Pages: 184 | Tables: 59 | Figures: 75

Biological Seed Treatment Market News

  • In June 2024 Clean Crop Technologies, a Massachusetts-based startup, has made significant strides in the agricultural sector with the launch of a commercial cold plasma seed treatment facility. The company has secured $3.4 million in purchase orders and boasts a sales and pilot pipeline valued at $47 million in annual recurring revenue. This pipeline represents companies that account for 39% of the global vegetable seed market. 

  • In March 2024, Loveland Products unveiled the presentation of a new seed treatment custom-made for soybeans, branded as Equity® VIP.

  • In February 2024, AgriBusiness Global directed a meeting with Marcus Meadows-Smith, CEO of BioConsortia, regarding the company's expansion into Brazil. Registration initiatives have commenced for several seed-applied products, including a fungicide designed to combat early-season pathogens such as rhizoctonia and pythium, along with a broad-spectrum nematicide exhibiting efficacy against significant soil insects like corn rootworm and wireworm. Meadows-Smith likewise addressed the launch of new items in the US.

  • In December 2023, Lavie Bio Ltd., a subsidiary of Evogene Ltd. specializing in agricultural biologicals, revealed an exclusive distribution agreement with WinField United Canada for its bio-inoculant seed treatment, Yalos. This partnership, exclusive to independent retail, is geared towards bolstering Lavie Bio's sales growth strategy in Canada for 2024. The focus will be on important agricultural areas like Saskatchewan, Alberta, and Manitoba, where Yalos is specifically designed to help crops like spring wheat, durum, and barley.

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Global Biological Seed Treatment market size was valued at USD 1.10 billion in 2022 and is poised to grow from USD 1.21 billion in 2023 to USD 2.62 billion by 2031, at a CAGR of 10.1% during the forecast period (2024-2031).

The global biological seed treatment market is characterized by a diverse range of companies offering a variety of products. Market players focus on research and development activities to introduce innovative and effective biological seed treatment solutions. Strategic partnerships, collaborations, and mergers and acquisitions are common strategies employed by companies to enhance their market presence. Moreover, companies emphasize expanding their distribution networks and strengthening their relationships with farmers and agricultural organizations. Continuous technological advancements and product differentiation play a crucial role in maintaining a competitive edge in the market. 'BASF SE (Germany) ', 'Bayer (Germany) ', 'Corveta Agriscience (US) ', 'Novozymes A/S (Denmark) ', 'UPL (India) ', 'Koppert Biological Systems (Netherlands) ', 'Rizobacter (Argentina) ', 'Plant Health Care (UK) ', 'Italpollina (Italy) ', 'BiOWiSH Inc (US) ', 'IPL Biologicals (India) ', 'Kan Biosys (India) ', 'Advanced Biological Marketing Inc. (US) ', 'Bioworks Inc. (US) ', 'Germains Seed Technology (US) ', 'Nufarm Ltd (Australia) ', 'Lallemand inc. (Canada) ', 'Groundwork BioAg Ltd. (Israel)'

One key market trend in the global biological seed treatment industry is the growing adoption of organic farming practices. As consumers increasingly prioritize sustainable and environmentally friendly agricultural methods, there is a rising demand for biological seed treatment products. Organic farming regulations and certifications promote the use of natural and biological inputs, driving the market growth. Additionally, the emphasis on reducing chemical residues in food production and enhancing soil health further fuels the adoption of biological seed treatments as a preferred choice for farmers worldwide.

North America dominated the biological seed treatment market. In North America, the dominating segment is corn, as farmers in the US have recognized the significant advantages of employing biological seed treatments for corn crops. The accurate combination of microbial and fungal agents has led to remarkable yield growth of up to ten percent. The shift in consumer trends towards chemical-free crops and the emphasis on sustainable agriculture further contribute to the dominance of biological seed treatment in this region. The US market for biological seed treatment is characterized by extensive research and development activities, fostering innovation and the introduction of advanced products.

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Global Biological Seed Treatment Market

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