Treatment share has been 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 botanical.
The market for biological seed treatment has been segmented into cereals and grains, fruits and vegetables, oilseeds and 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 own 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.
Regional analysis
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.
Recent developments
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, which is essential for supplying biologicals to the fields.
The North American Innovation Center, opened in August 2020, physically brings personnel from Valent BioSciences' California technical centre in Dublin and its headquarters in Walnut Creek together. Now that the team has been centralized, it is simpler for them to communicate face-to-face in real-time.
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