The global Long-Lasting Biological Seed Treatments Market is forecasted to reach USD 2,037.5 million by 2027, according to a new report by Reports and Data. The growing demand from emerging markets will help the Long-Lasting Biological Seed Treatments market to maintain stable growth over the forecast period. The adoption of modern farming techniques will provide strength to the Long-Lasting Biological Seed Treatments Market and will also help in its growth over the forecasted period.
The statistical data included in the report has been derived from reliable and authentic sources and has been verified and backed by industry experts to help readers formulate strategic investment plans. The report studies financial information gathered by extensive primary and secondary research to offer accurate market insights. The report also offers a holistic overview of the market share, market size, market revenue growth, and segments and sub-segments along with strategic recommendations to key market players and new entrants. The report also emphasizes nascent market segments and provides insights into the growth prospects and opportunities.
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The industry has been growing steadily over the past decade and CAGR is expected to improve over the forecast period. It is also likely to be one of the industries influencing global revenue generation. Rapidly growing demand, an abundance of raw materials, population growth, financial stability, and product awareness are some of the factors that make progress directly and indirectly in the market.
The report includes an extensive study of industry, strategic initiatives adopted by major companies, growth prospects, market position, and shares held by key participants to provide readers a comprehensive overview of the competitive landscape. The report also studies strategic initiatives undertaken by major companies in the market, including product launches, product innovation, and technological development, to strengthen their position in the market. It also studies notable business events, including collaborations, mergers and acquisitions, joint ventures, partnerships, and brand promotions.
Key Players:
Key participants include BASF SE, Syngenta International AG, Bayer CropScience AG, DuPont, Monsanto Company, Koppert Biological Systems, ADAMA agricultural solutions, Plant Health Care, Incotec, and Verdesian Life Sciences, among others.
Further key findings from the report suggest:
- The microbials segment accounted for the largest market share of the Long-Lasting Biological Seed Treatments in 2019. The need to improve crop quality and human health is most likely to increase the usage of the microbials in the agricultural sector.
- Seed enhancement held the largest market share of 57.68% in 2019 and is expected to maintain steady growth over the forecast period. The biostimulants help in the improvement of the rate and frequency of germination.
- Increasing use of biofertilizers and bioinsecticides for treating vegetable seeds and rising awareness regarding the adverse effects of agrochemicals is expected to drive the growth of Long-Lasting Biological Seed Treatments solutions for the production of vegetable crops.
- North America accounted for the largest market share of the Long-Lasting Biological Seed Treatments solutions in 2019. The increasing need for higher yield and eradication of pathogens from the plants is driving the use of Long-Lasting Biological Seed Treatments solutions by the farmers in the region.
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Market Segmentation:
Product Outlook (Revenue, USD Million; 2017-2027)
- Botanicals & others
- Microbials (Fungi, Bacteria)
Function Outlook (Revenue, USD Million; 2017-2027)
- Seed Enhancement (Biostimulants, Biofertilizers)
- Seed Protection (Biofungicides, Bioinsecticides)
Crop Type Outlook (Revenue, USD Million; 2017-2027)
- Wheat
- Corn
- Sunflower
- Cotton
- Soybean
- Vegetable crops
- Others
Regional Outlook (Revenue, USD Million; 2017-2027)
- North America
- U.S
- Canada
- Europe
- Germany
- U.K
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
- MEA
- Saudi Arabia
- UAE
- Rest of MEA
- Latin America
- Brazil
- Rest of LATAM
Identifying the basic business drivers, challenges, and tactics adopted:
- The report provides intrinsic details and fluctuating aspects that influence the commercial dynamics of the Long-Lasting Biological Seed Treatments market along with integral factors of the rise in the demand for the product have been mapped across vital geographical regions.
- An overview of the multifarious applications, business areas and the latest trends observed in the industry has been laid out by this study.
- Various challenges overlooking the business and the numerous strategies employed by the industry players for successful marketing of the product have also been illustrated.
- The research inspects the sales channels (indirect, direct, marketing) that companies have chosen for the primary product distributors and the superior clientele of the market.
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