How Global Seeds Market Players Should Strategize For 2022-2031
4 Oct, 2022
The global seeds market size is expected to grow from $55.1 billion in 2021 to $58.28 billion in 2022 at a compound annual growth rate (CAGR) of 5.8%. The global seed market size is expected to grow to $73.07 billion in 2026 at a CAGR of 5.8%.
What is the Global Seeds Market?
The seeds market consists of sales of seeds by entities (organizations, sole traders, and partnerships) that germinate to produce a new plant under inappropriate growth conditions. A seed is a fertilized ovule enclosed in a seed coat with some stored food. It is produced by a plant that contains the plant embryo. They guarantee the genetic and physical integrity of the crops, provide the required plant population, and provide the plants the ability to survive harsh situations. Seedlings generated will be more vigorous, fast-growing, and resistant to pests and disease to a degree, ensuring consistent growth and maturity.
Get a Sample of the global seeds market report
https://www.thebusinessresearchcompany.com/sample.aspx?id=6242&&type=smp
What drives the Global Seeds Market?
The high adoption of biotech crops is significantly contributing to the growth of the seeds market. Biotech crops are genetically modified crops that involve a technology to produce a GM plant. The high adoption of biotech crops is promoting the production of a high number of seeds to meet the demand. For Instance, according to the International Service for the Acquisition of Agri-biotech Applications (ISAAA), a US-based non-profit international organization that shares agricultural biotechnology, in 2019, 17 million farmers planted 190.4 million hectares of biotech crops and 56% of the global biotech hectares were planted by 24 developing countries. Therefore, the high adoption of biotech crops is driving the growth of the seeds market.
Get the full global seeds industry report here
https://www.thebusinessresearchcompany.com/report/seeds-global-market-reportGlobal Seeds Market Segments
The global seeds market is segmented:
By Type: Genetically Modified, Conventional
By Seed Treatment: Treated, Non-Treated
By Crop Type: Cereals and Grains, Fruits and Vegetables, Others
By Trait: Herbicide-Tolerant, Insecticide-Resistant, Others
By Geography: The regions covered in the seeds market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Seeds Global Market Report 2022provides market size and growth forecasts for the global seeds market, global seeds market share, seeds market segments and geographies, seeds market competitive landscape including leading competitors’ revenues, profiles and market shares. The seeds market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Seeds Industry Playersinclude BASF SE, Bayer Cropscience AG, Syngenta AG, KWS SAAT SE & Co. KGaA, Land O’Lakes Inc., Sakata Seed Corporation, Limagrain, Corteva Agriscience, UPL Limited, DLF Seeds A/S, Rallis India Limited, Enza Zaden, Takii & Co. Ltd, AgReliant Genetics, Advanta Limited, Dow Agrosciences LLC, and Yuan Longping High-tech Agriculture Co. Ltd. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.