Hybrid Seeds Market 2023 Business Growth and Opportunities with Top Players: BASF SE, Bayer AG

As per the report published by The Brainy Insights, the global hybrid seeds market is expected to grow from USD 26.6 billion in 2020 to USD 52.33 billion by 2030, at a CAGR of 7% during the forecast period 2021-2030. Asia Pacific region emerged as the largest market for the global Hybrid Seeds market with a 36.2% share of the market revenue in 2020. Growing demand for fruits and vegetables has led to an increase in the use of hybrid seeds for crop production in the Asia Pacific area, which is propelling the hybrid seeds market forward. The rapid increase in population in countries such as China has boosted the demand for healthy food, which is projected to drive the hybrid seeds market growth throughout the forecast period. China, for example, had a population of more than 1.4 billion people in 2021, while India had a population of more than 1.3 billion people.

𝐆𝐫𝐚𝐛 𝐭𝐡𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭- https://www.thebrainyinsights.com/enquiry/sample-request/12653

Hybrid Seeds Market Size by Crop Type (Oilseeds & Pulses, Cereals & Grains, and Vegetables), Key Crop (Corn, Soybean, Rice, Cotton, Tomato, Canola, Cucumber, Hot pepper, Watermelon), Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2021 to 2030

Leading companies in the industry include BASF SE, Bayer AG, Syngenta Group, KWS SAAT SE, Land O' Lakes, Sakata Seed Corporation, Groupe Limagrain, Corteva Agriscience, UPL Limited, DLF, Longping Hi-tech, Rallis India Limited, Enza Zaden, Takii & Co. Ltd, Barenbrug Holding B.V, FMC Corporation, Mahyco, Imperial Seed Company, Allied Seed LLC, Ampac Seed, SL Agritech Corporation, BrettYoung, Rasi Seeds, Vikima Seed A/S and CN Seeds among others which are offering greater opportunities and are continuously focused on new product developments and venture capital investments to obtain market share.

The crop type segment is divided into cereals & grains, oilseeds & pulses, and vegetables. The grains segment led the market with a market share of 42.5% in 2020. During the forecast period, the cereals and grains segment is expected to have the largest seed market share. Because grains are widely used as a staple diet in many Asian and Southeast Asian countries. Countries like China have emerged as big grain exporters in recent years to match the requirements of neighbouring economies. Corn, for example, is widely used in both the food and feed industries. With the growing demand for biofuels, crops like sorghum are being grown in massive quantities. The key crop segment is divided into corn, soybean, rice, cotton, tomato, canola, cucumber, hot pepper, watermelon. During the forecast period, the corn segment is expected to dominate the hybrid seeds market by key crop.

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The demand for fresh and frozen veggies has been increasing as people's eating habits have changed around the world. Consumers have become more careful of what they consume to improve their health and overall wellness, which has resulted in an increase in the production of fruits and vegetables. Many farmers are gradually shifting to the cultivation of industrial crops, which will increase market returns.

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