Seed Market Industry Outlook, Growth Prospects and Key Opportunities 2024
Axiom Market Research
& Consulting™ added a “The global seed market is expected to witness a CAGR
of 6.0% to 7.0% during the forecast period 2019 to 2024”. The global seed
market has gained sustainable growth owing to the growing global population and
scarcity of resources, such as land and water, which leads to food scarcity.
Furthermore, rising investment in research and development in agriculture
sector and new product innovation has enhanced the market growth.
Seed Market Report Analysis:
Seed Market Based On Type:
·
Genetically Modified Seeds.
·
Conventional Seeds.
Seed Market Based On Seed:
The global seed is vegetable,
fruits, grain, oil and other. The cereals & grains segment accounted for
the largest share in recent year followed by fruits & vegetables seed type.
Factors such as, increasing production of cereals & grains and availability
are fuelling the growth of the market. The fruit and vegetable segment are
anticipated to grow at highest CAGR during the forecast period.
Seed Market Based on Treatment:
The global seed market is by seed
treatment into treated and untreated. The treated segment is expected to grow
at highest CAGR during the forecast period owing to benefits such as, high
yield, improve germination rate and protection from fungus and insect damage.
Seed Market by
Region:
North America, Europe, Asia
Pacific and Middle East & Africa. North America comprises United States,
Canada and Mexico whereas Europe would primarily cover Germany, France, UK,
Italy and Rest of Europe. The key countries included under Asia Pacific are
China, Japan, India, Australia, and Rest of Asia Pacific. In Middle East &
Africa, South Africa and Rest of MEA are the key countries covered in the
report.
Seed Market by Top Key Players:
Bayer crop science, Monsanto,
DuPont, China National Seed Group Co., LTD., Syngenta, S & W Seed company,
Dow Chemicals, Emerald Seed, Inc., Gansu Dunhuang Seed Co., Ltd., Henan
Goldoctor Seeds Co., Ltd., Jiangsu Dahua Seed Group Co., Ltd., Kaveri Seed
Company, etc. Mergers & acquisitions are the strategies adopted by top
companies to increase the share in the seed market.
About Axiom MRC:
Axiom Market Research & Consulting™ (also known
as Axiom MRC), is a full-service market research and data analytics firm,
driven by a simple aim of providing key market intelligence to companies to
assist them in taking informed business decisions pertaining to their marketing
strategy, investments, new product launches, market competition, consumer or
end users, social media trends etc.
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Tel: +1(845)875-9786, +44(0) 20 23869707
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