The Global report on “Seed Market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report also details the information about the global market status, growth rate, future trends, market drivers, challenges, opportunities and porter’s forces analysis with respect to these elements. An exclusive data offered in this report is collected by research and industry experts team.
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The seed market is projected to grow at a CAGR of 7.6% from 2019 to 2025.
The global seed market size is estimated to be valued at USD 55.4 billion in 2019 and is projected to reach USD 86.0 billion by 2025, recording a CAGR of 7.6%. Factors such as increasing application of cereals & grains in the feed, food, and biofuels industry alongside growing technological advancements such as the adoption of hybridization and genetically modified seeds are propelling the growth of the seeds industry.
Cereals & grains is projected to be the largest segment during the forecast period.
Cereals & grains is projected to hold the largest seed market share since it is consumed on a large scale as a staple food. It is also being used in the food processing and feed industries. Some of the large producers such as China, India, US, and Brazil are catering to the growing international demand for cereal crops such as rice and corn. Increase in adoption of genetically modified seeds in corn is also one of the key factors for the growth of the cereals & grains segment.
The conventional segment to witness the fastest growth during the forecast period.
By type, the seeds industry is segmented into conventional and genetically modified. With the increasing popularity of organic foods, the demand for conventional seeds is growing in the market. Many companies are looking at making effective use of hybrids which would be able to provide similar characteristic traits as genetically modified seeds.
North America is estimated to account for the largest market share in the seed market.
In 2019, North America is estimated to account for the largest market. Countries such as the US and Canada are among the major seed producers in the world. The region is also a host to some leading players in the seeds business such as Monsanto (US), Corteva Agriscience (US), and Land O’ Lakes (US).
Break-up of Primaries
- By Company Type: Tier 1 -45%, Tier 2 -33%,and Tier 3 -22%
- By Designation: C-level -45%,D-level – 33%, and Others*-22%
- By Region: North America – 10%, Europe – 15%, Asia Pacific –50%, South America – 13% Rest of the World (RoW)** – 12%
*Others include sales managers, marketing managers, and product managers.
*RoW includes countries such as South Africa, Turkey, Egypt, and others (the Middle East & Africa)
Leading players profiled in this report
- BASF (Germany)
- Bayer AG (Germany)
- Syngenta AG (Switzerland)
- KWS SAAT SE (Germany)
- Land O’ Lakes (US)
- Sakata Seed Corporation (Japan)
- GroupeLimagrain (France)
- CortevaAgriscience (US)
- United Phosphorous Limited (India)
- DLF (Denmark)
- Longping Hi-tech (China)
- Rallis India Limited (India)
- EnzaZaden (The Netherlands)
- Takii& Co. Ltd (Japan)
- Barenbrug Holding B.V (Netherlands)
This report segments the seed market based on type, crop type, trait, and region. In terms of insights, this research report focuses on various levels of analyses—competitive landscape, end-use analysis, and company profiles—which together comprise and discuss the basic views on the emerging & high-growth segments of the seeds industry, the high-growth regions, countries, government initiatives, market disruption, drivers, restraints, opportunities, and challenges.
Reasons to buy this report
- To get a comprehensive overview of the seeds
- To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
- To gain insights about the major countries/regions, in which the seed market is flourishing
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