An emerging market analysis titled “Anticipated Trends, Drivers of Growth, and Obstacles in the Seed Market” has been showcased on Report Ocean.
The “Global Seed Market” report offers comprehensive insights into factors affecting demand, growth, opportunities, challenges, and limitations. It covers global and regional industry dynamics, including research & development, new product launches, and responses from leading players in both global and local markets. The report provides visual representations and regional breakdowns of the Seed Market.
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What’s the extent of the Seed Market in terms of size?
Global Seed Market is valued approximately at USD 63.0 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 8.2% over the forecast period 2022-2029.
A seed is a fully developed, fertilised ovule from a flowering plant that normally contains an embryo and can germinate to produce a new plant. . The Seed market is expanding because of factors such as growth in the usage of commercial seeds, high adoption of biotech crops and increase in the demand from the biofuel sector.
According to an OECD-FAO research, 49% of the world’s food needs will still be met by grains by 2050. . Global cereal consumption is anticipated to rise from 2.6 billion metric tons in 2018 to 2.9 billion metric tons in 2027. Another important component driving the market is rising demand for healthy and organic processed products and public-private partnerships in varietal development. The market would be primarily driven by increasing demand for cereals, oils, and vegetables, demand for biotech crops, and a decline in per capita cropland. HYVs and hybrid varieties can help farmers meet the demand to produce more from the limited amount of arable land available per person in order to receive higher returns. Farmers have been encouraged by this tendency to turn away from traditional seed sources in favor of packaged seeds that promise higher yields. However, impact of climate change on crop production and price fluctuations in oilseeds stifles market growth throughout the forecast period of 2022-2029.
Which regions are considered in the Global Seed Market study?
The key regions considered for the Global Seed Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the space in terms of revenue, owing to rising seed replacement rates and greater hybrid acceptance in important crops like rice, maize, and vegetables. Hybrid rice’s growth prospects in the area are still quite promising. Furthermore, Europe is expected to hold the fastest share owing to rising consumption of agriculture produce, vegetables and more.
Major market players included in this report are:
- BASF SE
- Bayer Ag
- Syngenta Group
- Kws Saat Se
- Corteva Agriscience
- Groupe Limagrain
- Advanta Seeds (Upl)
- Sakata Seed Corporation
- Dlf Seeds Ltd
- Enza Zaden Company
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Trait offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Trait:
Herbicide-tolerance (HT)
Insect-resistance (IR)
Others
By Type:
Conventional
Genetically modified
By Crop Type:
Cereals & grains
Oilseeds & pulses
Fruits & vegetables
Others
By Region:
North America: U.S., Canada
Europe: UK, Germany, France, Spain, Italy, Rest of Europe (ROE)
Asia Pacific: China, India, Japan, Australia, South Korea, Rest of Asia Pacific (RoAPAC)
Latin America: Brazil, Mexico, Rest of Latin America (RoLA)
Rest of the World
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Report Overview:
This research offers a comprehensive exploration of the emerging trends poised to shape the future business landscape. It delves deep into the pivotal factors driving the growth of the Seed market over the projected period. Furthermore, the report sheds light on strategic initiatives undertaken by leading industry players to fortify their market positions.
Market Dynamics:
Encompassing a global perspective, this study presents insights into the influential entities within the worldwide Seed market. It encompasses contact details, sales figures, and global market estimates. The research draws from reputable sources and institutions, aggregating a wealth of information and insightful analysis pertaining to the global Seed market.
Marketing Insights:
The study furnishes essential facts and statistics relevant for marketers, consultants, and decision-makers navigating the global Seed market landscape. With comprehensive regional breakdowns, this research offers a vital resource for newcomers venturing into the global Seed market. It encapsulates indispensable insights extracted from the Seed Market domain, facilitating informed decision-making processes.
This report covers several key questions related to the global Seed market, including:
- What can be expected for the Seed market in the next decade?
- What are the primary drivers of growth in the global Seed market?
- Which technologies are likely to experience the most rapid growth, both by market and region?
- How do opportunities within the Seed market vary based on the size of the end market?
- What is the breakdown of Seed by type and application?
- How have recent events such as the COVID-19 pandemic and the Russia-Ukraine conflict impacted the Seed market?
Our most recent research report showcases the thriving expansion of the global Seed Market and offers in-depth insights into the projected market size, share, and revenue until 2031.
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