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Global Corn Seed Market A Promising Future Ahead

02-16-2024 01:25 PM CET | Food & Beverage

Press release from: Market Data Forecast

The global corn seed market size is expected to be valued at USD 30.76 billion in 2024 and reach USD 43.75 billion by 2029, growing at a CAGR of 7.3% from 2024 to 2029.

Global Corn Seed Market Report Scope:
• Market Size (2029): USD 43.75 billion
• Market Size (2024): USD 30.76 billion
• CAGR (2024 to 2029): 7.3%
• Base Year: 2023
• Forecast Period: 2024 to 2029
• Segments Analysed: By Type, End Product
• Geographies Covered: North America, Europe, APAC, Latin America, and Middle East & Africa
• Key Market Players Profiled: Monsanto, DuPont Pioneer, Bayer CropScience, Hefei Fengbao. Some other key Players in the Market include Pacific Seeds, Syngenta, Nuziweedu Seeds, China National Seeds, and DLF Trifolium.
• To Avail of a sample market brochure of the report, ask @ https://www.marketdataforecast.com/market-reports/corn-seeds-market/request-sample

Biotechnology and genetic modification are emerging technologies that are expected to drive forward the growth of the corn seeds market. Seed development has been transformed by these technological developments. Moreover, genetically engineered corn seeds with enhanced characteristics such as pest resistance, diseases, and herbicides were produced because of these advancements. The use of biotechnology seeds will be necessary to boost output nationally, farmers' welfare, and efficiency. For instance, in Indonesia, to increase yield, Bayer Crop Science introduced Delalb DK95R. It is an herbicide-tolerant biotech corn and can boost production by as much as 30 percent.
Government regulation and funding are also contributing to the expansion of the corn seeds market. Likewise, the new genomic techniques (NGTs) were authorized by the Environment Committee of the European Parliament (ENVI) in January 2024. This will further raise the market share in the region. Moreover, countries worldwide have acknowledged the significance of agriculture. This includes the production of corn for rural development, economic expansion, and food security. Further, the state agencies provided funding for genetic improvement initiatives and corn seed breeding. All these are among other forms of agricultural research and development.
Corn production continues to be significantly impacted by climate change. This is because variations in temperature changes and precipitation patterns raise the chances of drought, flooding, pests, and diseases. Moreover, drastic weather and rising temperatures often have harmful effects on gamete development, plant growth, pollination, fertilization, seed formation, and filling in corn. Changes in crop phenology, reproduction, blooming, anthesis or pollen viability, pollination or fertilization, length of seed-filling time, seed set, seed size, seed dormancy, seed yield, and seed quality are all affected by climate change. As a result, farmers will have to modify their production methods.
The rising costs of corn seeds are decreasing the market growth rate. The average yearly growth in seed costs was 6 percent. It rose from 33 dollars per acre in 2000 to 117 dollars per acre in 2022. For both the 2023 and 2024 crop years, seed prices are expected to hit a record $126 per acre. Moreover, in terms of revenue share, seed costs peaked in 2015 at 16 percent and dropped in 2007 at 7 percent. The cost share is predicted to be 11 percent of crop revenues in 2023 and 12 percent in 2024, respectively. This is comparable to the average of 11% from 2000 to 2022.
Browse full details of the report @ https://www.marketdataforecast.com/market-reports/corn-seeds-market

Key Insights from The Report:
• By Type, In 2020, the Pop Corn division contributed a market share of more than 60%.
• By End Product, Animal Feed is both the largest and the fastest-growing segment, accounting for over 55% of the total share in 2020.
• By Region, Latin America is the largest market for corn seed, accounting for nearly 65 percent of the overall market share.

The report can be customized as per the requirements, ask @ https://www.marketdataforecast.com/market-reports/corn-seeds-market/customization

SEGMENTATION INCLUDED IN THIS REPORT:
Corn Seed Market - By Type:
• Baby Corn
• Field Corn
• Sweet Corn
• Pop Corn

Corn Seed Market - By End Products:
• Animal Feed
• Corn Flour or meal
• Corn Starch
• Corn Syrup

Corn Seed Market - By Region:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

Browse Regional Reports:
North America Corn Seed Market Research Report - Segmented & Country (U.S, Canada & Rest of North America) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2023 to 2028) -
https://www.marketdataforecast.com/market-reports/na-corn-seeds-market

Europe Corn Seed Market Research Report - Segmented By Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2023 to 2028) - https://www.marketdataforecast.com/market-reports/europe-corn-seeds-market

APAC Corn Seed Market Research Report - Segmented By Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2023 to 2028) -
https://www.marketdataforecast.com/market-reports/apac-corn-seeds-market

Latin America Telemedicine Market Research Report - Segmented By Country (Brazil, Argentina, Chile and Rest of Latin America) - Industry Analysis, Size, Share, Growth, Trends, & Forecast (2023 to 2028) -
https://www.marketdataforecast.com/market-reports/la-corn-seeds-market

TABLE OF CONTENTS:
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions

2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline

3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market

5. Market Segmentation
5.1 By Type
5.1.1 Introduction
5.1.2 Baby Corn
5.1.3 Field Corn
5.1.4 Sweet Corn
5.1.5 Pop Corn
5.1.6 Y-o-Y Growth Analysis
5.1.7 Market Attractiveness Analysis
5.1.8 Market Share Analysis
5.2 By End-Products
5.2.1 Introduction
5.2.2 Animal Feed
5.2.3 Corn Flour or meal
5.2.4 Corn Starch
5.2.5 Corn Syrup
5.2.6 Y-o-Y Growth Analysis
5.2.7 Market Attractiveness Analysis
5.2.8 Market Share Analysis

6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By End Products
6.1.3.3 By Type
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By End Products
6.1.4.3 By Type
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By End Products
6.1.5.3 By Type
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa

7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter's Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry

8. Market Leader Analysis
8.1 Monsanto
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 DuPont Pioneer
8.3 Bayer CropScience
8.4 Hefei Fengbao
8.5 Pacific Seeds
8.6 Sentara LLC
8.7 Syngenta
8.8 Nuziweedu Seeds
8.9 China National Seeds
8.10 DLF Trifoliu

9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches

10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures

MarketDataForecast
www.marketdataforecast.com
Phone: +1-888-702-9626
Email: sales@marketdataforecast.com
5th Floor, Trendz Pride, Patrika Nagar Rd Number 1, HUDA Techno Enclave, HITEC City, Hyderabad, Telangana 500081, India

Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

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