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Corn Seeds Market Statistical Forecast, Trade Analysis 2024 -2031- Monsanto, Syngenta & ICI Seeds Inc.

09-10-2024 01:23 PM CET | Energy & Environment

Press release from: DataM Intelligence 4market Research LLP

Corn Seeds Market || 2024-2031

Corn Seeds Market || 2024-2031

The Corn Seeds Market is projected to experience significant growth with a high CAGR during the forecast period (2024-2031).

Corn seed, derived from one of the world's most widely cultivated cereal crops, is available from two main sources: harvested and selected by farmers or commercially bred and produced by seed companies. As the third most cultivated crop globally, after wheat and rice, corn serves as a versatile cereal crop grown in tropical, subtropical, and temperate regions. While primarily used as animal feed, it also holds significant importance as a food crop. The rising demand for high-quality seeds to support the growing global population is a key factor driving the growth of the corn seeds market.

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Market Dynamics:

Corn seed consumption has increased as a result of the growing demand for animal feed.

Global maize production has been on a steady rise, with the United States leading in maize-growing land, followed by Brazil, China, Mexico, and India. The corn seed market is expanding alongside the increasing industrial consumption of corn, driven primarily by the growing demand for animal feed. This shift in global grain demand towards maize is fueled by rising incomes in emerging nations, leading to increased meat consumption and, consequently, higher demand for maize as feed for poultry and swine. However, despite expanding cultivation areas, biotic and abiotic stressors, particularly pests, are significantly hindering production in developing countries. This scenario underscores the need for high-quality seeds to combat these challenges. The rising demand for animal feed, driven by economic growth, increasing incomes, and evolving consumer preferences, is expected to further boost the need for maize cultivation in the future.

Market Segmentation:

By Type: Hybrid Seeds, GMO Seeds, Others.

By Application: Industrial Usage, Food, Others.

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Major Key Players:

• Monsanto
• Syngenta
• ICI Seeds Inc.
• Bayer Crop Science AG
• Dekalb Genetics Corporation
• Origin Agritech
• Groupe Limagrain
• Land O" Lakes
• Corveta Agriscience
• UPL Limited

Regional Analysis:

The global Corn Seeds Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Corn Seeds Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

Related Reports:

Aquaculture Additives Market: https://datamintelligence.com/research-report/aquaculture-additives-market

Organic Feed Market: https://datamintelligence.com/research-report/organic-feed-market

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