Global Maize Seed Market-Segmented by Geography-Growth, Trends and Forecast (2018-2023)

The global maize seed market is expected to register a CAGR of 5.5% during the forecast period 2018-2023. Analysis indicates that, new product launches and/or product developments are the most adopted strategies, by major players in the industry.

MAJOR PLAYERS: Syngenta International, Bayer Crop Science, Dowdupont, Advanta Seeds, Monsanto Company, Amongst Others.

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Expansion of Poultry & Animal Feed Sector

The growing meat industry is creating a demand for more fodder crops, especially for maize, soybean, and alfalfa, which are highly nutritive, especially in protein content. Corn is the primary feed-grain in the United States, accounting for more than 95% of the total feed-grain production and use. More than 90 million acres of land is used for the production of maize, that is primarily used as livestock and animal feed. While the number of farms for corn has declined in recent years, the acreage per corn farm has increased.

Africa is the Fastest Growing Segment

Maize is one of the most important and widely grown crop in South Africa. Currently, 70 - 80% of maize consumed in South Africa is genetically modified. South Africa is also, the only country in the world whose staple (related to corn) is based primarily on GMO. In 2008, white GM maize totaled to 104 million, an increase of 48% from 2007, representing a market share of 62%.

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Recent Industry Development

DuPont Pioneer has released 57 new corn hybrids, for the 2017 planting season.
Syngenta introduced 10 new NK-corn hybrids in the UK, during 2017
Advanta Seeds added new Phoenix-corn hybrids in the US, in 2015.
Reasons to Purchase the Report

Identify the dominating and fastest growing regions in the global maize seeds market, and their growth trends during the forecasted period
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
To understand the regions that are expected to witness a fast growth during the forecast period
Identify the latest developments, market shares, and strategies employed by the major market players
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