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The Biological Seed Treatment Market will obtain a value of USD 10.2 billion and a CAGR of 9.15% between 2022-2030.
Due to benefits including enhanced nutritional quality, high yield, less crop damage, and disease resistance, the industry is seeing an increase in the kinds of biologically treated seeds. The market for biologically treated seeds is expanding due to growing environmental awareness, consumer demand for organic food production, and general attention to improving the quality of agricultural output. Biological seed treatment guarantees the quality of the treated seeds and a high germination rate, and it encourages market participants to invest a sizeable portion of their revenue in seed treatment. The biological seed treatment lowers the possibility of seeds exceeding the residual limit, a requirement for export regulations in some European countries.
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Additionally, businesses are putting more emphasis on bioencapsulation since it reduces contamination during storage and transport, controls the release of bacteria into the soil, and shields soil microorganisms from biotic and abiotic challenges. Additionally, biological seed treatment is a method that is anticipated to boost return on investment. Biological seed treatment is essential for increasing production and assisting in insect protection for crops.
The Biological Seed Treatment Market is divided into different segments to anticipate the revenues and examine the market shares of each segment throughout the forecast period. It has been segmented into two types: microbial and botanicals.
The market for biological seed treatment has been segmented into cereals & grains, fruits & vegetables, oilseeds & pulses, and others based on the crop grown.
The global Biological Seed Treatment Market has been divided into two categories based on function: seed protection and seed improvement.
The US, Canada, and Mexico have each been given their North American biological seed treatment industry segment. The UK, Germany, France, Italy, Spain, and the rest of Europe are included in the European biological seed treatment market classification.
Which are the largest segments in the global biological seed treatment market?
Based on crop type, the cereals & grains segment and based on function The seed enhancement segment holds the major share the global biological seed treatment market.
The Biological Seed Treatment Market is anticipated to have the greatest revenue share in North America. Due to several market players and rising agricultural exports, Asia-Pacific is anticipated to develop at the highest CAGR over the forecast period. The region’s dominance can be due to farmers’ increasing preference for biologically treated seed varieties over using seeds from the most recent crop. Additionally, a rise in crop production and increased government activities in Europe’s agriculture sector fuel market expansion in the region.
Kopper Biological Systems purchased Lençóis Paulista, So Paulo, Brazil-based Geocom in December 2020. Geocom is a leader in image geoprocessing, works in the agricultural technology industry, and was the first in Brazil to create a unique technique for using drones to apply biological agents. The company aims to improve agri-farming precision, essential for supplying biologicals to the fields.
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The North American Innovation Center, Valent BioSciences, opened in August 2020, physically brings together personnel from its California technical center in Dublin and its headquarters in Walnut Creek. Now that the team has been centralized, it is simpler for them to communicate face-to-face in real-time.
Seed Treatment Market Research Report – Forecast Till 2030
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