From GlobeNewswire: 2024-06-11 21:00:00

The Global Biological Seed Treatment Market is set to grow from USD 1.21 billion in 2023 to USD 3.52 billion by 2033, with a CAGR of 11.27%. Biological seed treatment includes active ingredients like fungus and bacteria to protect seeds from illnesses, promoting healthier crops. The cereals and grains segment is expected to dominate the market, with North America leading in demand due to environmental concerns and technological advancements.

Biological seed treatment offers a safer alternative to chemical treatments, protecting pollinators and the environment. However, it is more expensive than chemical treatments, costing more per acre due to cheaper manufacturing of chemical treatments. The market is expected to grow fastest in the Asia-Pacific region, driven by increased interest in organic farming and sustainable agriculture practices, as well as government support for ecological farming.

Major vendors in the global biological seed treatment market include BASF SE, Bayer AG, Syngenta, and others. In March 2024, a new seed treatment called Equity VIP was introduced by Loveland Products for soybeans. The market is segmented by type, crop type (cereals and grains, fruits and vegetables), and application (seed protection, seed enhancement), with North America and the Asia-Pacific region expected to drive growth.

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Read more at GlobeNewswire: Global Biological Seed Treatment Market Size To Worth USD