The seed market, in terms of value, is projected to reach around USD 113.28 Billion by 2022, at a CAGR of around 9.9% from 2017.
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The Global Seed Market has grown exponentially in the last few years. The market size is projected to reach USD 113.28 Billion by 2022, at a CAGR of around 9.9% from 2017.
Browse 70 market data tables and 63 figures spread through 168 pages and in-depth TOC on “Seed Market by Type (GM Seed, Conventional Seed), Crop Type (Cereals & Grains, Fruits & Vegetables, Oilseeds), Seed Treatment (Treated, Non-treated), Trait (Herbicide-tolerant, Insecticide-resistant), and Region - Global Forecast to 2022”
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1Necessity to Increase Food Production
2 Increasing Acceptances and Area under Cultivation of GM Crops
3 Increasingly Accommodative Regulatory Stances
1 Scope Based on Existing Nutritional Gaps
2 Advent of New Technologies with Potential Advantages over Conventional and Existing Biotech Crops
3 Improvement in Seed Replacement Rates
Conventional seed is projected to be the fastest-growing segment, by type, from 2017 to 2022
Conventional seed is the fastest-growing segment, as these seeds possess characteristics such as faster growth, higher yield, pest & disease resistance, and larger seeds.
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As consumer demands and expectations from the food industry continue to evolve, the opportunities for conventional seed is also increasing. North America dominated the conventional seed market in 2016.
Fruits & vegetables crop type segment projected to depict high potential for the seed market
Fruits & vegetable segment is estimated to grow at the highest CAGR from 2017 to 2022. Climate variation from tropical to temperate allows growers to produce a wide variety of fruits and almost any vegetable (with or without greenhouse infrastructure).
The production of vegetables, their availability, and supply continue to play a major role in the nutrition of the global population.
The seed market comprises manufacturers such as Bayer CropScience AG (Germany), E. I. Du Pont De Nemours and Company (U.S.), Monsanto Company (U.S.), Syngenta AG (Switzerland), and The Dow Chemical Company (U.S.).
Other manufacturers include KWS SAAT SA (Germany), Groupe Limagrain (France), Sakata Seed Corporation (Japan), Rallis India Limited (India), and Land O’Lakes, Inc. (U.S.), which sell seed products to end users to cater to their unique business requirements.
This research report categorizes the seed market based on type, crop type, seed treatment, trait, and region.
Based on Type, the market has been segmented as follows:
- Conventional seed
- GM seed
Based on Crop Type, the market has been segmented as follows:
- Cereals & Grains
- Fruits & vegetables
Based on Seed Treatment, the market has been segmented as follows:
Based on Region, the market has been segmented as follows:
- North America
- Latin America
- RoW (Rest of the World)
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