Agricultural modernization and introduction of enhanced hybrid seed varieties bolster the Seeds Market

The research report "Seeds Market : by Type (GM seed, Conventional seed), by Crop (Fruits & vegetables, Cereals & Grains, Oilseeds), by Seed Treatment (Non-treated, Treated) and Geography (North America, Latin America, Europe, Asia Pacific and Middle East and Africa) - Global/Region/Country Forecast to 2028", Seeds market size was valued at US$ 61.8 billion in the year 2021 and is anticipated to grow at US$ 89.87 billion witnessing a CAGR rate of 5.5% by 2028 during the evaluation time span 2022-2028.

Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on "Seeds Market: by Type (GM seed, Conventional seed), by Crop (Fruits & vegetables, Cereals & Grains, Oilseeds), by Seed Treatment (Non-treated, Treated) and Geography (North America, Latin America, Europe, Asia Pacific and Middle East and Africa) - Global/Region/Country Forecast to 2028.

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Increasing use of hybrid seeds greatly contributes to drive the Seeds Market
Seed formation refers to the reproduction process in seed plants, the spermatophytes including gymnosperm and angiosperm plants. Seeds are the products of reproduction of ripened ovule, after fertilization by pollen and some growth within mother plant. It is an embryonic plant enclosed in the protective covering. The embryo is developed from zygote and seed coat from the integuments of ovule. Seeds market is significant advancement in the success and reproduction of angiosperm and gymnosperm plants, relation to the more primitive plant's mosses, liverworts and ferns that does not have seeds and make use of water dependent propagation by themselves. Monsanto company and Novozymes introduced Acceleron B-300 SAT in December 2016 as a part of their commitment to develop and commercialize innovative as well as microbial solutions to farmers through BioAg alliance.

One of the key factors that contribute greatly to impel the growth of global seed market includes agricultural modernization and product innovations. In addition, growth initiatives were taken by the government, introduction of enhanced hybrid seed varieties, growing concern on plant health and increase in the use of hybrid seeds and diversification of diets are also the crucial factors boost the seeds market growth. On the other hand, factors such as availability of the adulterated seeds, less productivity of the seeds, high cost of the seeds and fast spoilage of seeds are hampering the global seeds market growth.

North America Dominates the Seeds Market
North America is leading the global seed market due to the newly emerging technology like seed disinfection and fast innovations in crop seeds. Growing demand and penetration for the seeds with advanced features such as Soybean and GE is also impelling the North America market. Favorable government policies, growing disposable income and increasing consciousness about health are the significant factors greatly contribute in the growth of APAC market. Europe market is led by Germany, UK, France and Italy due to the advances in farming technology along with the better supply chain management and the government supportive norms.

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Competitive Analysis - Seeds Market
There are a few key players operating in the seeds market, which include E. I. Du Pont De Nemours and Company (U.S.), Bayer CropScience AG (Germany), Monsanto Company (U.S.), The Dow Chemical Company (U.S.), Syngenta AG (Switzerland), KWS SAAT SA (Germany), Sakata Seed Corporation (Japan), Groupe Limagrain (France), Land O'Lakes, Inc. (U.S.) and Rallis India Limited (India).

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