1 / 6

Hybrid Seeds Market Regional Share Analysis & Forecast Till 2032

Hybrid Seeds Market size was valued at USD 40.2 billion in 2022 and is predicted to expand at over 8% CAGR from 2023 to 2032.

gminsights
Download Presentation

Hybrid Seeds Market Regional Share Analysis & Forecast Till 2032

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Hybrid Seeds Market Size to Cross $80.7 Bn by 2032 Global Market Insights Inc.

  2. Overview of Hybrid Seeds Market • Global hybrid seeds industry size is poised to record 8% CAGR from 2023-2032. • The higher adoption of biotechnology and genomics for driving innovation in hybrid seed development will foster the industry expansion. For instance, in June 2021, the International Rice Research Institute launched its new model for agricultural research through Bio-Innovation Center (BIC) initiative in collaboration with well-known hybrid seed company Bioseed. Lately, several genetic editing techniques, including CRISPR-Cas9 are also used for creating new hybrid varieties with desirable traits, such as disease resistance, drought resistance, and improved yield. • The overall hybrid seeds market is segmented based on farm type, distribution channel, crop type, trait, and region. Global Market Insights Inc.

  3. Continue… • In terms of farm type, the market size from the contract farming segment may record appreciable CAGR from 2023-2032. The growth can be attributed to the rising preference for contract farming as it ensures the production of high-quality hybrid seeds to match the standards and specifications of companies. It also assists farmers to employ modern agricultural practices. The increasing risks of production, market fluctuations, as well as pest and disease outbreaks will also prove favorable for the segment growth. • With respect to distribution channel, the hybrid seeds industry size from the online retail segment will expand up to 2032 due to the advantages of direct engagement with customers through ratings, reviews, and feedback. Online retail enables seed companies to reach broader customer base, comprising customers in remote and rural areas with limited access to physical stores. Online sales of hybrid seeds is also facilitating real-time inventory tracking, assisting seed companies to manage their stock efficiently whilst reducing the risk of overstocking and understocking popular varieties. Global Market Insights Inc.

  4. Continue… • Regionally, APAC hybrid seeds market size is projected to observe notable growth rate through 2032. The rapid growth of the population is driving the demand for higher agricultural productivity, further boosting the usage of hybrid seeds for improved yield. The surging focus on diversifying crop varieties for food security and reduced risks of monoculture is further encouraging the need for hybrid seeds for rice, corn, wheat, and vegetables. • Leading players in the hybrid seeds market include Corteva Agriscience, Syngenta AG (part of ChemChina), Bayer CropScience (part of Bayer AG), BASF SE, Groupe Limagrain, KWS SAAT SE, DowDuPont Inc., Monsanto Company (now part of Bayer CropScience), Sakata Seed Corporation Global Market Insights Inc.

  5. Browse Full Research Report On Hybrid Seeds Market@ https://bit.ly/3GalDIh Request for a sample of this research report @ https://bit.ly/3R6Dbvy Global Market Insights Inc.

  6. Stay In Touch Website: www.gminsights.com Social Media: Global Market Insights Inc.

More Related