Hybrid seed is produced from cross pollination between two or more unrelated inbred plants. Hybrid seeds are extensively used in commercial farming to improve crop yield.
According to the report “Europe 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 Europe Hybrid Seeds Market is expected to grow at a CAGR of 9.4% and reach USD 11.58 billion in 2021 from USD 7.39 billion in 2016.
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The most common advantages of Hybrid Seeds Market are improved disease resistance, more uniform plant growth, and increased crop yield.
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 Europe Hybrid Seeds market.
Europe 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.
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Fruits and Vegetables segment is expected to witness significant growth during forecast period owing to its growing demand. Treated Hybrid Seeds market dominates the Europe market owing to the growing demand for quality agricultural produce and increasing agricultural activities.
Geographically, market is segmented into UK, France, Germany, Spain and Italy.
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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