North America Microbial Based Biological Seed Treatment Market to Grow At a CAGR of 11.3% by Forecast 2029 Demand, Trends, Share and Growth Factors
Data Bridge Market Research analyses that the North America Microbial Based Biological Seed Treatment Market will grow at a CAGR of 11.3% during the forecast period of 2022 to 2029.The rising prevalence of allergies associated with chemically cultivated food, increasing acquisitions, and mergers. Launches of manly organic and bio-based seed treatment products such as biopesticides, biostimulants, and others with major global players by many companies to expand their presence and make the product available all over the region are expected to drive the growth of the market.
For instance,
- In February 2022, Valent BioSciences created a new biostimulant operating unit supporting parent company Sumitomo chemical’s goal of carbon neutrality by 2050. This new operating unit is designed to expand its biostimulant line with new internally and externally developed products for the U.S. and global markets in this important and rapidly growing crop production segment
Acquisition and partnerships boost the market growth in the years ahead. Whereas the high rates of organic food, naturally cultivated, and bio-based pesticides are likely to restrict the market growth in the region.
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Competitive Landscape and North America Microbial-Based Biological Seed Treatment Market Share Analysis
The competitive North America microbial-based biological seed treatment market provides details about the competitors. Details include company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, North America presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points are only related to the companies’ focus on the North American microbial-based biological seed treatment market.
Some of the major players operating in the North American microbial based biological seed treatment market are Syngenta Crop Protection AG, Bayer AG, BASF SE, UPL, FMC Corporation, ADAMA, Albaugh, LLC., Arysta LifeScience Corporation, BioWorks Inc., Croda International Plc, Germains Seed Technology, Hello Nature International, Koppert, Marrone Bio Innovations, Inc., Novozymes, Plant Health Care plc. , T.Stanes and Company Limited, Tagros Chemicals India Pvt. Ltd., Valent BioSciences LLC, and Verdesian Life Sciences, among others.
Market Definition
Biological seed treatments are a wide class of products with active ingredients, including living microbes, plant extracts, fermentation products, phytohormones, and even hard chemistry. Biological substances are applied to the seed in the form of a powder or a liquid. A uniform coating covers the entire seed. The seed is available to the beneficial ingredients when it needs them in this way. Active agents in biological seed treatment can include microbes such as fungi and bacteria, as well as plant extracts and algal extracts. Beneficial microorganisms from arbuscular mycorrhizal fungus, Trichoderma spp., rhizobia, and other bacteria are applied to seeds before sowing to improve germination. A crop treated with biological seed functions as a biostimulant making it stronger and more productive. The treatment increases agricultural yields while assisting plants in fending diseases and reducing biotic stress. The microorganisms that support plant growth colonize the roots and shield the crop throughout the entire growing season. The applications of microbial based biological seed treatment are diverse.
North America Microbial Based Biological Seed Treatment Market Dynamics
This section deals with understanding the market drivers, opportunities, restraints, and challenges. All of this is discussed in detail as below:
Drivers
- Increase in launches of biological plant growth products for agriculture
An increase in the number of launches by the manufacturers of biopesticides such as bioinsecticides, bionematicides, biofungicides, bioherbicides, and others is one of the major driving factors for the market growth. The demand for organic or natural and biological products for agriculture practices is increasing among the farmers with the growing awareness regarding the harmful effect of chemical pesticides on crops and the environment. This factor will propel the growth of the market. The farmers are adopting pesticides extracted from natural sources and decomposing easily to increase productivity and support the environment by reducing pollution.
For instance,
- In March 2021, according to Meister Media Worldwide, Botanical Solution Inc. and Syngenta launched a biofungicide product in Mexico named BotriStop, which helps in controlling Botrytis cinerea
- In March 2020, according to AgroSpectrum India, Bayer AG launched Serenade, a biofungicide in China
- In April 2020, Syngenta collaborated with Novozymes to commercialize a biofungicide named TAEGRO
The increase in the number of launches by the major manufacturers with the growing demand for natural and biological seed treatment products among farmers to support the sustainable farming practice may drive the growth of the microbials based biological seed treatment market.
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Opportunities
- Strategic initiatives taken by companies
The use of microorganisms as biological alternatives is becoming increasingly crucial due to the growing public and regulatory pressure to reduce the use of chemical pesticides. Microorganisms can function as biostimulants and effectively against various pests by making it easier for plants to access and absorb soil-bound nutrients, boosting their tolerance to environmental stress, and assisting them during different growth phases.
Companies are making strategies, launches, and plans to fulfill consumer demands and raise awareness toward sustainable agriculture, providing more opportunities for manufacturers to expand.
Companies in Vietnam have always focused on introducing innovative solutions to help farmers tackle challenges in their daily activities and, at the same time, increase crop yields and quality while being environmentally friendly. Launching new products and technologies harness innovation and address challenges in agriculture.
For instance,
- In June 2022, Syngenta launched its new seed treatment product VICTRATO. The revolutionary nematode control product VICTRATO is based on Syngenta’s TYMIRIUMTM technology and offers a creative approach to the challenging issue. All major nematode species and fungal diseases are efficiently controlled without compromising the health of the soil or plants. It is a very simple product with a minimal active ingredient dosage
- In March 2022, Evonik’s introduced BREAK-THRU Products for seed treatment applications. BREAK-THRU BP 787 is a biodegradable, microplastic-free substitute for conventional binder solutions. BREAK-TRHU BP 787 functions as a binding component when combined with silica (such as Aerosil 200) because of its miscibility with water
- In July 2021, Rizobacter and Marrone Bio expanded their strategic alliance to provide a new seed treatment in Brazil. Rizonem, a biological seed treatment for nematodes and soil-dwelling insects, will be available in Brazil’s row crops through an expanded distribution arrangement. The effectiveness of Rizonema against important nematode species in soybeans and corn has been demonstrated in numerous regulatory trials in Brazil.
North America Microbial-Based Biological Seed Treatment Market Scope
The North America microbial based biological seed treatment market is segmented based on product, form, method, treatment machine, function, distribution channel, and crop type. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
On the basis of product, the North America microbial based biological seed treatment market is segmented into Biofertilizers, Biostimulants, Biopesticides, Plant Growth Regulators (PGRs), and others.
On the basis of form, the North America microbial based biological seed treatment market is segmented into dry, and liquid.
On the basis of method, the North America microbial based biological seed treatment market is segmented into seed coating, seed pelleted, suspensions, seed dressing, and others.
On the basis of treatment machines, the North America microbial based biological seed treatment market is segmented into coating machines, dressing machines, and pelleting machines.
On the basis of function, the North America microbial-based biological seed treatment market is segmented into seed protection, and seed enhancements.
On the basis of distribution channel, the North America microbial-based biological seed treatment market is segmented into direct tenders and retailing.
On the basis of crop type, the North America microbial-based biological seed treatment market is segmented into cereals & grains, oilseed & pulses, fruits, vegetables, herbs, turf & ornamental, floral, and others.
Key questions answered in the report:
What will the market development pace of the North America Microbial Based Biological Seed Treatment market?
What are the key factors driving the North America Microbial Based Biological Seed Treatment market?
Who are the key manufacturers in the market space?
What are the market openings, market hazards,s and market outline of the market?
What are sales, revenue, and price analysis of top manufacturers of the North America Microbial Based Biological Seed Treatment market?
Who are the distributors, traders, and dealers of North American Microbial Based Biological Seed Treatment market?
What are the North America Microbial Based Biological Seed Treatment market opportunities and threats faced by the vendors in the North America Microbial Based Biological Seed Treatment industries?
What are deals, income, and value examination by types and utilizations of the market?
What are deals, income, and value examination by areas of enterprises?
Key Pointers Covered in the North America Microbials-Based Biological Seed Treatment Market Industry Trends and Forecast to 2029
- Market Size
- Market New Sales Volumes
- Market Replacement Sales Volumes
- Market Installed Base
- Market By Brands
- Market Procedure Volumes
- Market Product Price Analysis
- Market Cost of Care Analysis
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Market Upcoming Applications
- Market Innovators Study
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