Seeds act as the foundation for the food chain's progress and play an essential role in the agri-food system's sustainability. Farmers worldwide have been gradually shifting from traditional farming methods to gain higher yield and profit from the restricted resource availability, commercial seeds being one of the significant trends in the industry. Crops such as corn are utilized in both the food and feed industries. With the rising market for biofuels, crops such as sorghum are also being produced on a large scale.
MARKET DYNAMICS
The growth of the global seeds market is majorly driven by factors such as the requirement to increase food production, modernization of agriculture, and the rise in biofuels & animal feed usage. Besides, the sophistication of seed technologies such as seed coating & seed pelleting, diversification of diets, rise in use of wasteland for agricultural purposes, and increasingly accommodative regulatory stance is expected to increase the seed market growth. The introduction of new technologies having potential benefits over conventional ones, improvement in seed replacement rate (SRR), and increased demand for seeds in emerging economies are expected to provide profitable market growth opportunities. However, prolonged-time & extensive research involved in developing new seed varieties with novel traits may hinder the seed market's growth.
MARKET SCOPE
The "Global Seeds Market Analysis to 2028" is a specialized and in-depth study of the food and beverage industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the seeds market with detailed market segmentation by type, trait, treatment, and crop type. The global seeds market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading seeds market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global seeds market is segmented into type, trait, treatment, and crop type. By type, the seeds market is classified into GM (Genetically Modified), Non-GM. By trait, the seeds market is classified into Herbicide-Tolerant, Insecticide-Resistant, Others. By treatment, the seeds market is classified into Treated, Non-treated. By crop type, the seeds market is classified into Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global seeds market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The seeds market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the seeds market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the seeds market in these regions.
MARKET PLAYERS
The report covers vital developments in the seeds market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the seeds market are anticipated to lucrative growth opportunities in the future with the rising demand for seeds in the global market. Below mentioned is the list of few companies engaged in the seeds market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the seeds market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Bayer AG
- DowDuPont Inc.
- DLF Seeds A/S
- Syngenta AG
- Groupe Limagrain
- Land O'Lakes, Inc.
- Sakata Seed Corporation
- Maharashtra Hybrid Seeds Co.
- KWS SAAT SE & Co. KGaA
- Advanta Seeds
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.