According to a report from Transparency Market Research (TMR), a market research firm based in the U.S., the global commercial seeds market will grow at a 9.9% CAGR during the forecast period of 2012-2018. This report is titled “Commercial Seeds Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018”. The report further elaborates that the global commercial seeds market was valued at US$34.50 billion in 2011 and will reach a total value of US$53.32 billion by 2018.The global market for commercial seeds is segmented into conventional seeds and bioseeds/GM. The bioseeds market was estimated at US$15.60 billion in 2011 and is predicted to reach US$30.21 billion by end of 2018, with a 9.9% CAGR during the forecast period.

Browse the full Commercial Seeds Market report at http://www.transparencymarketresearch.com/commercial-seeds-market.html

Corn seeds grown for commercial purposes accounted as the largest sector in the commercial seeds market. This sector held over 40% of the total market. The corn seeds segment is anticipated to be worth US$24.26 billion by 2018. On the other hand, the sector of soybean, cereals, and vegetable seeds was the second largest sector in 2011, with a 35% share in terms of global consumption.In 2011, soybean stood out as the most consumed bioseed and contributed US$6.71 billion to the commercial seeds market. Soybean’s significant use as an animal feed was the major factor behind the growth of this sector. In the GM seeds sector, corn will dominate the market during the forecast period with a 10.6% CAGR.Geographically, North America held the most substantial market share in the global commercial seeds industry in 2011, at 30%. Latin America and Asia Pacific are expected to demonstrate the fastest growth in the coming few years due to the evolving farming techniques in these regions.

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Patent and Monopoly Issues to Restrain Global Commercial Seeds Market

Though the global commercial seeds market will demonstrate a decent growth rate during the forecast period, it will be hampered by safety issues related to genetically modified crops. Another major restraint for the global commercial seeds market is patent and monopoly issues. Patents on genetically modified seeds have made it possible to prevent others from using certain genetic traits in their plant breeding. Companies have become increasingly successful in gaining patents over even conventional modes of plant breeding.In 2011, the top 10 companies held over 75% of the market due to patent hegemony. Some of the top corporations in the global commercial seeds market include Monsato, Syngenta, DuPont, Vilmorin, and KWS.

Nevertheless, the growth prospects of the global commercial seeds market are bright due to several factors. Increasing world population, use of biofuels, demand for animal feed, and demand for oleochemicals will fuel the growth of the commercial seeds market during the forecast period. The accelerating field of biotech seeds research and development will further drive this market. Market players in the commercial seeds market will also benefit from the rising standards of global farming and genetically modified seeds.

Browse the full Commercial Seeds Market press release report at http://www.transparencymarketresearch.com/pressrelease/commercial-seeds-market.htm

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