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
According to the report “Hybrid Seeds Market by Crop Type (Cereals & Grains, Fruits & Vegetables, and Oilseeds), by Duration (Short-Term, Medium-Term, and Long-Term), by Seed Treatment (Treated and Untreated), by Farm Type (Indoor farms, Outdoor farms), and by Region - Global Industry Analysis, Share, Size, Growth, Trends, and Forecasts (2016-2021)” published by Market Data Forecast, the Global Hybrid Seeds Market was worth USD 33.6 billion in 2016 and is expected to reach USD 52.419 billion by 2021 with a CAGR of 9.2 %.
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Hybrid Seeds are seeds produced from cross pollinated plants. Hybrid seeds are predominant in Agriculture and gardening.
All Hybrid seeds of a particular type planted by farmer will exhibit similar characteristics while hybrid seeds of next generation don’t necessarily exhibit similar characteristics.
New product offerings, High quality seeds, and modernization of Agriculture are some of the major factors driving the market. Some other factors like increasing Population, decreasing Agricultural lands, changing weather patterns, variety of diets, and technology driven agriculture in developing countries are driving the market.
However, factors like high cost of Hybrid seeds are slowing down the growth of Hybrid Seeds market.
Hybrid Seeds Market is segmented based on crop Type, Duration, Seed Treatment, and Farm type. Based on Crop Type, market is segmented into Cereals & Grains, Fruits & Vegetables, and Oilseeds.
Based on Duration, market is segmented into Short-Term, Medium-Term, and Long-Term. Based on Seed Treatment, market is segmented into Treated and Untreated.
Based on Farm Type, market is segmented into Indoor farms, Outdoor farms. Fruits and Vegetables segment is expected to witness significant growth during forecast period owing to its growing demand.
Treated Hybrid Seeds market dominates the global market owing to the growing demand for quality agricultural produce and increasing agricultural activities.
Geographically, market is segmented into Asia-Pacific, Europe, North America, Latin America and Middle East and Africa. Asia-Pacific is expected to be the fastest growing region owing to the continuous rise in population, and support from Government.
Major players in the market are:
- E. I. du Pont de Nemours and Company
- Syngenta AG
- Dow AgroSciences LLC
- Advanta Limited
- Land OLakes, Inc.
- Takii & Co. Ltd.
- Biostadt India Ltd
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