Seeds Market Growth, Market Insights and Forecast to 2025

Posted by rekha on November 1st, 2019

The Global Seeds Market was valued at US$ 57,639.4 Mn in 2018 and is expected to grow at a significant CAGR over six years forecast period 2019-2025 owing to increasing usage of commercial seeds”

Precision Business Insights (PBI) in its report titled “Global Seeds Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2018 and Forecast 2019-2025” assesses the market performance over six years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.

The global seeds market was valued at US$. 57,639.4 Mn in 2018 and growing at a CAGR of 2.9% over the forecast period owing to increasing demand for high-value and industrial and crops coupled with high usage of pesticides across the globe are expected to drive the growth of the market. Moreover, innovations in the products and modernization of agriculture are expected to fuel the growth of the market. Introduction of different variety of seeds in the market owing to rising concerns on plant health and support by the government in offering subsidies for the new variety of seeds introduced into the market. However, stringent regulatory policies and high cost of seeds and quick spoilage of seeds are the factors anticipated to restrain the growth of the market.

Global seeds market segmented on the basis of type, crop, seed treatment, and region.

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Cereals and grains segment accounted for higher revenue share

Based on crop, global seeds market segmented into Fruits & vegetables, Cereals & Grains, and Oilseeds. Cereals & grains segment accounted for the largest market share in 2018 with respect to revenue owing to increasing demand for seeds across developed and emerging countries for rice and slush are amongst the main foods adopted globally. To provide the growing need universally, countries such as China, India, USA, and Brazil are exporting the produce from their country.

North America holds leading position in Global Seeds Market

 

PBI’s global seeds market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. According to regional analysis, North America is expected to account for larger revenue share in 2018 and the same trend is projected to follow over 2019-2025 owing to rising demand for oilseeds and favorable trade and price support systems in the region. Europe is expected to drive the growth with significant CAGR over the forecast years owing to growing demand for organic products in the region and increasing requirement of the products in food processing industries for cereals and grains are expected to boost the growth of the market over the forecast years.

Recent Developments in the Global Seeds Market

 

  • In December 2016, Monsanto company and Novozymes launched Acceleron B-300 SAT, as a part of their commitment to developing and commercializing innovative microbial solutions to farmers through BioAg alliance.
  • In December 2015, Sensient Colors LLC launched a breakthrough seed coating system which enables seed brands for better differentiation.
  • In September 2014, Bayer CropScience launched a fungicide Raxil Easy, a seed treatment product to control loose smut disease in wheat.

Key player’s profiles in the report are Monsanto Company (U.S.), KWS SAAT SA (Germany), Du Pont (U.S.), The Dow Chemical Company (U.S.), Sakata Seed Corporation (Japan), Groupe Limagrain (France), Syngenta AG (Switzerland), Bayer CropScience AG (Germany), Rallis India Limited (India), Land O’Lakes, Inc. (U.S.).

Detailed Segmentation

 

By Type     

o   GM seed

o   Conventional seed

By Crop Type

o   Oilseeds

o   Fruits & Vegetables

o   Cereals & Grains

o   Oilseeds

 

 By Seed Treatment

o   Non-treated

o   Treated

Geography

 

o     North America

  • U.S
  • Canada

o     Europe

  • Germany
  • France
  • U.K
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe

o     Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific

o     Latin America

  • Brazil
  • Mexico
  • Argentina
  • Venezuela
  • Rest of Latin America

o     Middle East and Africa (MEA)

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

For more information: https://www.precisionbusinessinsights.com/market-reports/global-seeds-market/

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rekha

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rekha
Joined: July 26th, 2019
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