North America Seeds Market Size, Demand, Top Companies, Growth Drivers and Research Report 2023-2028

The latest report published by IMARC Group, titled "North America Seeds Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" offers a comprehensive analysis of the industry, which comprises insights on the market trends. The report also includes competitor and regional analysis, and contemporary advancements in the market.

Year Considered to Estimate the Market Size:

• Base Year of the Analysis: 2022
• Historical Period: 2017-2022
• Forecast Period: 2023-2028

The North America seeds market size reached US$ 13.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 14.4 Billion by 2028.

Market Outlook:

Seeds represent the embryonic plants enclosed in an outer covering known as a seed coat that provides nourishment and protection. They can be of various types, such as cotton, maize, wheat, groundnut, soybean, paddy, vegetables, etc. Seeds aid in yielding dispersal, several fibers, and dormancy during unsuitable conditions. They are developed in innovative varieties to increase the quantity and quality of the produce. As a result, seeds find widespread applications in the manufacturing of edible and non-edible oils and various industrial chemicals in the country.

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North America Seeds Market Trends:

The elevating demand for genetically modified seeds that enhance the yield quantity is among the primary factors driving the North America seeds market. Besides this, the launch of favorable policies by the government bodies to invest in research and development (R&D) activities for supply chain management, product development, and quality assurance is further augmenting the market growth. Moreover, the growing popularity of hybrid seeds among farmers, compared to the utilization of outmoded open-pollinated varieties, is also catalyzing the market across North America. Apart from this, several technological advancements in the production of wheat, corn, and maize are acting as significant growth-inducing factors. Furthermore, the expanding agriculture sector, patent protection systems, rising income levels of individuals, intellectual rights over plant varieties, etc., are anticipated to propel the North America seeds market over the forecasted period. 

North America Seeds Market 2023-2028 Competitive Analysis and Segmentation:

Key Market Segmentation:

The report has segmented the North America seeds market on the basis of crop type, seed type, traits, seed treatment and country.

Market by Crop Type

• Oilseeds
• Soybean
• Sunflower
• Cotton
• Canola/Rapeseed

Cereals and Grains

• Corn
• Wheat
• Rice
• Sorghum

Fruits and Vegetables

• Tomatoes
• Melons
• Brassica
• Pepper
• Lettuce
• Onion
• Carrot

Market by Seed Type

• Genetically Modified Seeds
• Conventional Seeds

Market by Traits

• Herbicide-Tolerant
• Insecticide-Resistant
• Others

Market by Seed Treatment

• Treated
• Non-Treated

Breakup by Country:

• United States
• Canada

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Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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About Us                        

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.