Seeds Market Report, By Type, seed and Geography – Global Market Share, Trend Analysis & Forecast Up To 2024
The global seed market is expected to witness a CAGR of 6.0% to 7.0% during the forecast period 2019 to 2024. North America accounted for the largest share in the seed market whereas Asia Pacific region is projected to be the fastest growing market for seed during the forecast period. Conventional seed segment accounted for the largest market share followed by genetically modified seeds. Modernization of agriculture and rising use of waste land for agriculture is another driving factor augmenting the demand for seed market. Mergers & acquisitions are the strategies adopted by top companies to increase the share in the seed market.
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