Report Ocean introduces a fresh report examining the Global Seed Market, encompassing its size, share, growth, industry trends, and forecast up to 2032. This comprehensive analysis delves into various industry components and growth patterns that offer valuable insights for anticipating the market’s future trajectory.
Obtain a comprehensive report on the Global Seed Market, which includes a full table of contents, over 200 tables and figures, and charts. The report provides precise information on the market before and after the COVID-19 outbreak, segmented by region.
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.
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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.
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
Recent Developments in the Market:
- In February 2022, DLF announced the acquistion of OreGroSeeds, it would result in company’s expansion for research and product portfolio as well as it also adds a significant operational capacity to support customers and staff.
- In January 2021, , Bayer revealed four new Seminis vegetable seed kinds. Anshuman tomato, SVHA9093 hot pepper, Bazlet cucumber, and Himgauri cauliflower are some of these kinds.
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
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Reasons to Consider Purchasing the Seed Market Report:
Comprehensive Market Insights: Delve into the depths of the Seed Market Report to gain an all-encompassing and meticulous analysis of the market landscape. Uncover details such as market size, share, trends, and growth catalysts, which provide invaluable perspectives on both the present market scenario and its promising future prospects.
Reliable Projections: Rely on the report’s dependable forecasts and projections, which are underpinned by rigorous research methodologies, insights into industry expenditures, and assessments of market expansion rates. These foresights empower businesses to make well-informed decisions and chart out effective strategies for the times ahead.
In-depth Competition Analysis: Equip yourself with an extensive evaluation of key market players, their array of products, and the strategies they employ. This comprehensive understanding arms businesses with the knowledge needed to not only comprehend their rivals but also to craft strategies that position them ahead in the dynamic market arena.
Clear Market Scope and Segmentation: Gain clarity on the broad expanse of the market through the report’s clear delineation of market scope. With detailed insights into diverse market segments and their growth potential, businesses can discern and capitalize on opportunities that align with their objectives.
Insightful Regional Examination: Assess the market’s performance across different regions, enabling enterprises to pinpoint lucrative markets and tailor their approaches accordingly. With region-specific insights, businesses can adapt strategies that resonate with the unique dynamics of each area.
Evaluation of Industry Technology: Grasp the pulse of technological progress within the Seed market. The report dissects cutting-edge advancements and trends, providing businesses with a window into emerging technologies that have the potential to reshape the industry.
Dynamics of Supply and Demand: Acquire a profound comprehension of supply-demand dynamics. This understanding empowers businesses to optimize production, distribution, and inventory management processes, resulting in enhanced operational efficiency.
Informed Investment Decision Making: Leverage the report’s critical information and data-driven insights to facilitate informed investment choices within the Seed market. Equipped with this knowledge, businesses can confidently allocate resources to avenues with the greatest potential for returns.
Unveiling Long-Term Growth Avenues: Through the scrutiny of trends and growth stimulants, the report illuminates the enduring opportunities the Seed market holds. By identifying these sustainable growth prospects, businesses are poised to set a course for lasting success.
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