Regional and country-level analysis and forecasts of the North America Hybrid Seeds Market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions those are still untapped
According to the report “North America 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 - Industry Analysis, Share, Size, Growth, Trends, and Forecasts (2016-2021)” published by Market Data Forecast, the North America Hybrid Seeds Market was estimated to be USD 8.06 billion in 2016 and is predicted to reach USD 12.58 billion by 2021 with a CAGR of 9.3 %.
Hybrid Seeds are generally produced by cross pollination between different varieties of the same plant. Hybrid seeds are extensively used in commercial farming to improve crop yield.
All Hybrid seeds of a particular type planted by the 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, a 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 North America Hybrid Seeds market.
North America Hybrid Seeds Market is segmented based on crop Type, Duration, Seed Treatment, and Farm type. Based on Crop Type, the market is segmented into Cereals & Grains, Fruits & Vegetables, and Oilseeds.
Based on Duration, the market is segmented into Short-Term, Medium-Term, and Long-Term. Based on Seed Treatment, the market is segmented into Treated and Untreated.
Based on Farm Type, the market is segmented into Indoor farms, Outdoor farms. Fruits and Vegetable segment is expected to witness significant growth during the forecast period owing to its growing demand.
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Treated Hybrid Seeds market dominates the North America market owing to the growing demand for quality agricultural produce and increasing agricultural activities. Geographically, the market is segmented into US and Canada.
Major players in the market are E. I. du Pont de Nemours and Company, Syngenta AG, Monsan, Dow AgroSciences LLC, and KWS.
Other players include Advanta Limited, Land OLakes, Inc., Takii & Co. Ltd., and Mahyco, and Biostadt India Ltd.
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