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 recent report by Meticulous Research® forecasts that the biological seed treatment market will grow at a 12.7% CAGR between 2022 and 2029, reaching $3.59 billion by the end of the forecast period. The market’s growth is being propelled by factors such as the growing demand for organic farming, rising consumer awareness of environmental sustainability, significant investments from major industry players, and the urgent need to improve crop yields due to shrinking agricultural land. However, challenges like insufficient farmer education, the limited shelf life of treated seeds, and financial constraints for new market players may pose obstacles to market expansion. On the flip side, the development of biodegradable seed coatings presents lucrative growth opportunities.
The study includes historical market data for 2020 and 2021, estimates for 2022, and projections for 2029. The market is segmented by type (microbial, biochemical, and other treatments), formulation (liquid and dry), application techniques (seed coating, dressing, and pelleting), crop type (cereals & grains, oilseeds, and others), and function (seed protection and enhancement). Additionally, a comprehensive competitive analysis at regional and country levels is included.
In 2022, microbial treatments are expected to account for the largest market share due to their high efficacy, selectivity, and safety profile for humans, plants, and animals. The segment is also bolstered by its plant growth-promoting properties and its role in maintaining soil biodiversity. Moreover, increasing government support for environmentally friendly farming methods is expected to spur further demand for microbial treatments.
The dry formulation segment is expected to expand rapidly during the forecast period, particularly in developing markets where its ease of use, convenient storage, and cost advantages make it appealing. The seed coating method is anticipated to dominate the market in 2022, driven by its widespread application and ability to improve seed aesthetics and market value.
Oilseeds are predicted to grow the fastest among crop types, supported by rising production, the demand for organic and chemical-free oilseeds, and the increasing popularity of plant-based foods. In terms of functionality, seed protection is projected to hold the largest market share, due to its cost-effectiveness, ease of application, and ability to protect seeds from pests and diseases during storage.
East Asia is expected to experience the highest growth from 2022 to 2029, driven by growing organic farming practices, heightened concern about the use of agrochemicals, and a large agricultural land base. The region's expanding population further emphasizes the need for improved crop yields and better-quality crops.
Leading companies in the biological seed treatment market include BASF SE (Germany), Bayer AG (Germany), Syngenta AG (Switzerland), Corteva Inc. (U.S.), UPL Limited (India), and several others.
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