As the global economy recovers in 2021 and the supply of the industrial chain improves, the Biological Seed market will undergo major changes. The Global Biological Seed Treatment Market is projected to register a CAGR of 10.8% during the forecast period (2022-2027). COVID-19 caused challenges with respect to a temporary pause in manufacturing and supply chain disruption. Nevertheless, post the lockdown in the first few weeks, manufacturing action was allowed for essential goods with agrochemicals, including seed treatment pesticides classified under essential goods in many countries. Therefore, the impact of COVID-19 on the market studied is anticipated to be short-term. Due to panic buying by farmers, agrochemical firms have had double-digit profits compared to the previous year.
The global Biological Seed industry report provides top-notch qualitative and quantitative information including: Market size (2017-2021 value and 2022 forecast). The report also contains descriptions of key players, including key financial indicators and market competitive pressure analysis.
The report also assesses key opportunities in the market and outlines the factors that are and will drive the growth of the industry. Taking into account previous growth patterns, growth drivers, and current and future trends, we also forecast the overall growth of the global Biological Seed market during the next few years. The global Biological Seed market size will reach USD million in 2028, growing at a CAGR of % during the analysis period.
The Biological Seed market can be split based on product types, major applications, and important regions as follows:
Bayer CropScience Limited
Marrone Bio Innovations
Grains and Cereal
Other Crop Types