As
farmers from several parts of the world continue to fight plant
diseases, pest infestations, and harmful fertilizer outbreaks, the
demand for effective seed treatments continues to gain traction.
Traditional success of organic mercurial seed treatments has paved
way for growing popularity of biological seed treatments. A range of
options available for biological seed treatment ensure that the crop
survives through the toughest conditions. Farmers are actively
adopting biological seed treatment services to extend their farm
produce and create a disease-free environment for their farming
landscape. Companies namely, Syngenta AG, BASF SE, Bayer CropScience,
Monsanto Company, Italpollina SpA, E. I. du Pont de Nemours and
Company, Koppert B.V., INCOTEC Group BV, Plant Health Care, Inc.,
Precision Laboratories, Inc., Verdesian Life Sciences, LLC and Valent
Biosciences Corporation are partnering with farmers and extending
their presence as key players in the global market for biological
seed treatment.
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Market Research has observed that these companies will instrument the
growth of the global biological seed treatment market during the
forecast period, 2017-2026. The report estimates that by the end of
2026, the global biological seed treatment market will have touched a
US$ 714 Mn valuation, reflecting a value CAGR of 10.2% over the
forecast period.
Bacterial
Treatment of Seed to Register High Value Growth
In
2017 and beyond, biological seed treatment will be predominantly
directed towards protecting the plant for bacterial infection. The
long-term advantage of bacterial seed treatment will boost the
overall produce in terms of quantity as well as quality. The report
further estimates that the adoption of biological seed treatment
against bacteria will gain traction due to increasing incidence of
bacterial infestation in GMO cultivation practices. By the end of
2026, more than US$ 300 Mn worth of biological seed treatments will
be adopted across the globe to protect the seeds from bacteria. The
report also reveals that fungi-type and botanical-type biological
seed treatment will register fastest revenue growth at a similar
value CAGR of 11% during the forecast period.
Biological
Treatment of Corn Seeds to Translate High Revenue Growth through 2026
Corn
seeds will be widely treated for their vulnerabilities against harsh
weather, pesticides and insects. Biological treatment of corn seeds
is expected to account for more than 40% of the global market value
towards the end of the forecast period. The report also observes a
growing demand for biological seed treatment of wheat and soybean.
Biological seed treatment of cash crops such as cotton will also
drive the market growth. Over the forecast period, biological seed
treatment of cotton is estimated to register a 9.5% CAGR in terms of
value.
North
America to Register High Demand for Biological Seed Treatment
In
2017, North America’s biological
seed treatment market has been estimated to be worth nearly
US$ 115 Mn. Worsening farming conditions in the US and Canada,
coupled with high incidence of plant diseases has spurred the overall
demand for biological seed treatment in North America. The report
also observes the Asia-Pacific excluding Japan (APEJ) region as a
lucrative marketplace for biological seed treatment. Over the
forecast period, the biological seed treatment market in APEJ region
is expected to expand at 9.9% CAGR in terms of value. The report also
reveals that biological seed treatment will be predominantly playing
the key function of biostimulants. On the other hand, biological seed
treatment for biofertilizer treatment is expected to witness speed
revenue growth 10.8% CAGR over the forecast period.
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