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Seeds Market Forecast 2023-2032 - Size, Lucrative Segments And Leading Regions

Seeds

Seeds

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Seeds Global Market Report 2023 identifies biotech crops as the major driver for the Seeds market's growth in the forecast period. The high adoption of biotech crops is promoting the production of a high number of seeds to meet the demand. For instance, in August 2022, according to a report shared by the Food and Drug Administration, a US-based federal agency of the Department of Health and Human Services, in 2020, 94% of the soybeans planted were genetically modified organisms (GMO), 96% of the cotton grown was GMO, and 92% of the corn planted was GMO. In the US, GMO crops are consumed by over 95% of livestock, including dairy cows. Therefore, the high adoption of biotech crops is driving the growth of the seeds market.

The global seeds market size will grow from $58.74 billion in 2022 to $62.72 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The seeds market size is expected to grow to $81.1 billion in 2027 at a CAGR of 6.6%.

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Major competitors in the Seeds market are BASF SE, Bayer Cropscience AG, Syngenta AG, KWS SAAT SE & Co. KGaA, Land O'Lakes Inc.
A key trend in the Seeds market includes strategic partnership and collaboration. The companies operating in the Seeds sector are entering into collaboration and partnership for the smooth development of the technologically-advanced solutions and to deliver the most trusted and innovative solutions to public sector organizations and companies across the globe. For instance, in May 2020, McAfee Corp., an American global computer security software company announced a collaboration with Atlassian Corporation PLC.

Read More On The Global Seeds Market Report Here:
https://www.thebusinessresearchcompany.com/report/seeds-global-market-report

The Seeds market is segmented -

• By Type: Genetically Modified, Conventional
• By Seed Treatment: Treated, Non-Treated
• By Crop Type: Cereals And grains, Fruits And vegetables, Other Crop Types
• By Traits: Herbicide-Tolerant, Insecticide-Resistant, Other Traits
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Seeds market.

The Business Research Company's "Global Seeds Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

Explore Buying Options For The Seeds Market Report Here:
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The Table Of Content For The Seeds Market Include:

1. Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
……
18. Competitive Landscape and Company Profiles
19. Company Profiles
21. Opportunities And Strategies
22. Seeds Market, Conclusions And Recommendations
23. Appendix

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