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Microbial Seed Treatment Market

Microbial Seed Treatment Market By Treatment (Fungicides, Insecticides, Non-chemical Treatments), Crop Type (Oilseeds, Cereals, Fruits & Vegetables, Pulses) & Region - Forecast 2022-2032

Market Insights on Microbial Seed Treatment covering sales outlook, demand forecast & up-to-date key trends

Microbial Seed Treatment Market Overview

The microbial seed treatment market is projected to register a CAGR of 12.5% during the forecast period, up from US$ 0.9 Bn in 2021 to reach a valuation of US$ 9.8 Bn by 2027.

Report Attribute

Details

Estimated Base Year Value (2021)

US$ 0.9 Bn

Anticipated Forecast Value (2027)

US$ 9.8 Bn

Projected Growth Rate (2022-2032)

12.5% CAGR

Sales of microbial seed treatment are expected to rise as maize output rises in response to the growing demand for biofuels. The market for microbial seed treatment is predicted to develop in response to the growing demand for biofuels and the need to preserve energy.

In addition to this, demand for microbial seed treatment market is rising on account of feeding an ever-increasing global population and the growing need for sustainable agriculture techniques and public awareness about environmental safety.

Increasing fungal growth due to changing climatic conditions is also projected to contribute to the growth of the microbial seed treatment market share.

Some of the critical microbial seed treatment market trends promoting the demand for microbial seed treatment include distribution agreements and partnerships between key manufacturers.

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What are the Key Contributors to the Microbial Seed Treatment Market Share?

Increasing demand for healthy and hygienic agricultural goods is the primary growth driver in the sales of microbial seed treatment.

However, the lack of technological advancements in microbial inoculants restricts the demand for microbial seed treatment market. Moreover, maintaining high numbers of functional microorganisms on the seed during seed treatment is also a challenge in the sales of microbial seed treatment manufacturers.

There are significant opportunities for the microbial seed treatment market sales since most farmers have been using their stock used for sowing without seed treatment.

Moreover, microbial seed treatment manufacturers are currently adopting different strategies, new product development and collaboration across the value chain to make the demand for microbial seed treatment market more acceptable across the globe.

Which Region holds the Highest Growth Potential in the Microbial Seed Treatment Market?

Geographically microbial seed treatment market is segmented into North America, Latin America, Eastern Europe, Western Europe, Asia Pacific, excluding Japan and Middle East & Africa.

Currently, North America holds the largest share of sales of microbial seed treatment, followed by Europe.

The demand for high crop productivity and output with high-quality, developing agricultural methods and precision farming has fuelled the demand for microbial seed treatment market products in North America over the years.

Due to regional farmers' adoption of innovations and rising pressure on farms to meet the expanding demand for microbial seed treatment market, the Asia Pacific region (APAC) is predicted to have the quickest development in this industry in the future.

Given that fertile land is progressively being claimed in this area and local governments are promoting agricultural advances, Latin America is predicted to develop at a healthy rate in microbial seed treatment sales.

Nandini Roy Choudhury
Principal Consultant
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How is the Competitive Landscape in the Microbial Seed Treatment Market?

Some of the key players operating in the microbial seed treatment market are Microbial Solutions (Pty) Ltd, Bayer CropScience AG, Monsanto Company, Informa plc, Syngenta A.G. and Novozymes A/S.

The United States has the most significant demand for microbial seed treatment market in North America, accounting for more than half of the total sales of microbial seed treatment.

The demand for microbial seed treatment products has risen, notably in the United States, as organic and environmentally friendly farming techniques have become more popular. With a growing knowledge of balanced plant nutrition, the country's highly developed industry has adapted to a more natural and organic manner of farming.

Certis USA LLC, Marrone Bio Innovations, and other major competitors in this sector have a wide range of products. Furthermore, to boost the sales of microbial seed treatment, these companies are focused on R&D, having a significant regional footprint, and pursuing an aggressive acquisition strategy.

Recent Developments

  • BASF introduced ILeVO, a new fungal seed treatment, to Australian canola producers in October 2019. For the control of blackleg in canola, ILeVO is highly efficient seed treatment.
  • BASF increased its soybean seed treatment offering in December 2018 by introducing Vault IP Plus seed treatment and Obvius Plus fungicide seed treatment, both of which were recently approved by the Environmental Protection Agency (EPA).
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Scope of Report

Report Attribute

Details

Growth Rate

CAGR of 4.1% from 2022 to 2032

Base Year for Estimation

2021

Historical Data

2015-2020

Forecast Period

2022-2032

Quantitative Units

Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Treatment
  • Crop Type
  • Region

Regions Covered

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • APAC
  • Japan
  • Middle East and Africa

Key Countries Profiled

 

  • U.S
  • Canada
  • Mexico
  • Brazil
  • Germany
  • Italy
  • France
  • U.K
  • Spain
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Saudi Arabia
  • South Africa

Key Companies Profiled

 

 

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Pricing and purchase options

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Frequently Asked Questions

The microbial seed treatment market is predicted to register a CAGR of 12.5% during the forecast period.

Key players holding substantial microbial seed treatment market share include Microbial Solutions (Pty) Ltd, Bayer CropScience AG, Monsanto Company, Informa plc., Syngenta A.G. and Novozymes A/S.

As per the analysis, the microbial seed treatment market share is likely to be US$ 9.8 Bn by 2027.

Demand for microbial seed treatment is likely to rise on the back of increasing demand for healthy and hygienic agricultural goods. It is the main growth driver in the sales of microbial seed treatment.

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Nandini Roy Choudhury
Principal Consultant
LinkedIn
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Microbial Seed Treatment Market