Increasing Use of High-yielding Crops to Increase Demand for Commercial Seeds

The rising disposable income of people is expected to result in increasing and unbridled consumption of resources. This will further fuel demand for commercial seeds for improving crop yield as compared to their farm seed counterparts. With the advancement of molecular biology, mapping of the genetic codes of plants have become faster and cheaper. These advancements are likely to boost commercial seed production.

On the flipside, low margins set for major industrial crops such as guar, fibre hemp, cuphea, plantago, sunflower, sugar beet, safflower, potato, rape seed, maize, jojoba, cassava, oil palm, and peas may create challenge for the Commercial Seed Market to generate more market revenues. Again government regulations set for trading specific crops may also hamper the Commercial Seed Market. This, accompanied with the existing ban imposed on neonicotinoids, may hamper commercial seed production during the forecast period. Nevertheless, rising application of high yielding value crops is likely to bode well for the global Commercial Seed Market.