Global Seed Market Will Continue to Grow at 9.20% CAGR by 2021

According to the report “Global Seed Market”, published by Market Data Forecast, the global market projected to reach USD 99.53 billion by 2021, at a CAGR of 9.20% from 2016 to 2021.

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The Seed market is developing at a remarkable rate due to the rising demand for food and feed and swift decline in arable land. High yielding cultivars/seeds along with other agricultural inputs such as crop protection products, irrigation and fertilizers are being used to attain optimum utilization in the agriculture sector.

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Farmers count on the seed industry to provide seeds that help reduce the cost of production and bring high yields. The global anxious about pollution are driving the increase in the use of biofuels. Biofuel offers various advantages when compared to fossil fuels in terms of decreasing pollution, which is one of the primary reasons of governments taking up initiatives to produce biodiesel.

The growth of the Global Seed Market is mainly driven by factors such as increasing consumption of animal fodder, growing global population, and increasing need for commodities such as vegetable oil. Growing awareness among farmers about the benefits of high-quality seed is also helping encouraging market for good seeds. Another major factor driving this market is the increasing demand for biofuels, which in turn is exerting pressure on the agriculture sector to increase the production of crops such as Corn. Concerns over Genetically Modified Seeds are constraining the growth of the market. The seed market is hampered as the GM seeds are relatively more expensive than normal seeds in developing countries like India.

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The products are segmented based on Crop type and Seed trait and studied for a deep-level understanding of the Seed Market. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.

Based on Crop Type:
Oilseed
oSoybean
oSunflower
oCotton
oCanola

Grain seed
oCorn
oWheat
oRice
oMillet crops

Fruit & Vegetable
oTomato
oMelon
oCarrot
oOnion
oPepper
oLettuce

Other seeds
oAlfalfa
oTurf
oFlower seed

Based on Seed Trait:
Herbicide Tolerant
Insect Resistant
Other Stacked Traits

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The market has also been geographically segmented into North America, Europe, Asia-Pacific and the Rest of the World. North America accounted for the largest share in the global Seed market, accounting for around 36% of the global market followed by Europe. The Asia-Pacific market, which is mainly driven by India and China, is expected to offer profitable growth opportunities, owing to the considerable rise in population.

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Geographical Segmentation:
North America Seed Market
Europe Seed Market
Asia-pacific Seed Market
Latin America Seed Market
Middle East and Africa Seed Market

The key players in Global Seed Market are Monsanto, Syngenta, DuPont, AG, Land O’Lakes Inc., Dow Agro Sciences LLC, and Bayer Crop Science.
Existing companies such as Syngenta and Monsanto have been actively involved in the acquisition of regional players to strengthen their market presence. Key strategies such as investments in R&D are being employed by major companies to meet the increasing Seed demand.

The Seed Market study offers the following deliverables:

•Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

•Segment-level analysis in terms of Crop type and Seed trait along with market size forecasts and estimations to detect key areas of industry growth in detail

•Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

•Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis

•Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development

•A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment

•Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

•An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions

•Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

Checkout other related studies in the Seeds Segment:

Fruit and Vegetable Seeds Market: http://www.marketdataforecast.com/research-reports/agriculture/seeds-13/market-reports/global-fruit-and-vegetable-seeds-market-1870/

Seed Coatings Material Market: http://www.marketdataforecast.com/research-reports/agriculture/seeds-13/market-reports/global-seed-coatings-material-market-1391/

Forage Seeds Market: http://www.marketdataforecast.com/market-reports/global-forage-seeds-market-604/

The Seed Treatment Market: http://www.marketdataforecast.com/research-reports/agriculture/seeds-13/market-reports/global-seed-treatment-market-750/

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