Global Seed Treatment Biofertilizers Market, By Type (Nitrogen Fixing, Phosphate Solubilizing, Others), Microbe Type (Cyanobacter, Rhizobium, Phosphate Solubilizing Bacteria, Azotobacter, Others), Crop Type (Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables, Others), Form (Liquid, Carrier-based Biofertilizers), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) - Industry Trends and Forecast to 2029
Market Analysis and Insights of Seed Treatment Biofertilizers Market
Seed treatment biofertilizers market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to rise up to grow at a CAGR of 16.3% in the above-mentioned forecast period.
Biofertilizers are living microbe-based substances that are applied to soil, plants, and seeds to stimulate growth by providing essential nutrients such as minerals. The biofertilizers are also utilized for the seed treatment and help seeds to disinfect them from seed-borne or soil-borne pathogenic organisms and storage insects.
The rising usages of ranches and private farms and increasing hazardous effects of chemical fertilizers emerge as the major factor fostering the growth of the seed treatment biofertilizers market. In addition to this, the rinsing applications for the developing economies coupled with the high demand for the nitrogen-fixing microbes are further estimated to cushion the growth of the market in the forecast period of 2022 to 2029. Moreover, the growing number of initiatives taken by government to spread awareness among the people regarding the benefits of modern agriculture and the growth in the organic food industry are also projected to accelerate the market’s growth within the above mentioned forecast period. On the other hand, the lack of infrastructure coupled with the limited shelf-life and run a high risk of contamination impedes the growth of the seed treatment biofertilizers market in the forecast period of 2022 to 2029. However, the environmental issues is also expected to hamper the overall growth of the market.
Furthermore, the rise in awareness has induced them to prefer chemical-free food products along with the increase in the production and yield of crops will create lucrative opportunities for the growth of the seed treatment biofertilizers market in the forecast period of 2022 to 2029. On the flip side, the high capital investments are projected to challenge the market within the forecast period in the above mentioned forecast period.
This seed treatment biofertilizers market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Seed treatment biofertilizers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Seed Treatment Biofertilizers Market Scope and Market Size
The seed treatment biofertilizers market is segmented on the basis of type, microbe type, crop type and form. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the seed treatment biofertilizers market is segmented into nitrogen-fixing biofertilizers, phosphate solubilizing and others. Others include and mobilizing biofertilizers and potassium solubilizing and mobilizing biofertilizers.
- On the basis of microbe type, the seed treatment biofertilizers market is segmented into cyanobacter, rhizobium, phosphate solubilizing bacteria, azotobacter and others.
- On the basis of crop type, the seed treatment biofertilizers market is segmented into cereals and grains, pulses and oilseeds, fruits and vegetables and others.
- On the basis of form, the seed treatment biofertilizers market is segmented into liquid and carrier-based biofertilizers.
Seed Treatment Biofertilizers Market Country Level Analysis
The seed treatment biofertilizers market is analyses and market size, volume information is provided by type, microbe type, crop type and form as referenced above.
The countries covered in the seed treatment biofertilizers market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America dominates the seed treatment biofertilizers market due to the increasing government interventions in farming practices held in the region led to significant changes in agriculture trends and methods across the U.S and Canada and increasing consumption of organic food within the region in the forecast period of 2022 to 2029. Asia-Pacific on the other hand, is expected to show lucrative growth owing to the rising awareness regarding the hazardous effects of chemical fertilizers and prevalence of various manufacturers within the region.
The country section of the seed treatment biofertilizers market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Seed Treatment Biofertilizers Market Share Analysis
The seed treatment biofertilizers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to seed treatment biofertilizers market.
Some of the major players operating in the seed treatment biofertilizers market report are Novozymes, Gujarat State Fertilizers & Chemicals Limited (GSFC), Bienvenido., T.Stanes and Company Limited, National Fertilizers Limited, MADRAS FERTILIZERS LIMITED, iplbiologicals, LALLEMAND Inc., Kan biosys, Kiwa Bio-Tech Products Group Corporation, Symborg., somphyto, Mapleton Agri Biotec Pt Ltd., ASB Grünland Helmut Aurenz GmbH, Ficosterra., Agrinos, Australian Bio Fert Pty Ltd., and BioAg among others.
Recent Developments
- In January 2020, Givaudan and Novozymes have announced a collaboration in research to develop synergistic innovative ingredients and technologies for customers. The two companies will collaborate on the research and development of innovative sustainable biofertilizer solutions.
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