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This report estimates the market size of the global market in terms of value ($million). In this report, the market is broadly segmented based on type, seed trait, and region. Market drivers, restraints, and challenges are discussed in detail. Market share, by participant, for the overall market is discussed in detail. The global seed market has grown exponentially in the last few years and this growth is expected to continue.
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MarketsandMarkets Presents Seed Market Expected to Jump $92.04 Billion by 2020
The report Seed Market by Type (Cereals & Grains, Oilseeds, and Fruit & Vegetables), Seed Trait (Herbicide Tolerant, Insect Resistant, and Other Stacked Traits) & Region - Global Trends & Forecast to 2020, defines and segments the seed market with analyses and projections of the size of the seed market. It also identifies the driving and restraining factors of the market with analyses of trends, opportunities, and challenges. • Browse • 126 market data tables • 75 figures • 243 pages and in-depth TOC on “Seed Market”. • You can speak to our analyst@ • http://www.marketsandmarkets.com/speaktoanalyst.asp?id=126130457
The global seed market, in terms of value, is projected to reach $92.04 Billion in 2020, at a CAGR of 9.4% from 2015 to 2020. The changing nature of the seed industry following the entry of large firms has been the subject of much debate. Many large firms invested economies of scale in R&D and have been able to subsidize seed research with resources and revenues from other corporate divisions. The entry of large multinational firms in the industry driven the North American market and the growth is projected continue at a CAGR of 9.7% from 2015 to 2020. The rising demand for food and feed and rapid decline in arable land has augmented the demand for agricultural products which in turn exerted pressure on farmers to increase the productivity in various crops grown on available limited land. In order to avail optimum utilization of the land available for cultivation, use of improved & high yielding cultivars/seeds along with other agricultural inputs such as crop protection products, fertilizers, and irrigation are considered essential. The global market is marked with intense competition due to the presence of a large number of both, big and small firms. Top ten companies accounted for the major share in global seed market revenue in 2014. New product launches, mergers & acquisitions, and partnerships and expansions are the key strategies adopted by market players to ensure their growth in the market. The market is dominated by players such as Monsanto (U.S.), E. I. Du Pont De Nemours and Company (U.S.), Syngenta AG (Switzerland), KWS SAAT SE (Germany), and Bayer CropScience AG (Germany).
Scope of the report This research categorizes the global market based on type, crop type, biotech traits, and region: Based on type: Cereals & grains Oilseeds Fruits & vegetables Others (seeds/planting material of forage crops, pulse crops, and turf & ornamentals) Based on seed trait: Herbicide Tolerant Insect Resistant Other Stacked Traits (herbicide tolerant + insect resistant traits) Based on region: North America Europe Asia-Pacific Latin America RoW
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