Global Seeds Market Factbook (2022 Edition): World Market Review by Type, Crop Type and Distribution Channel (2018-2028)


Posted December 7, 2022 by Derrick_Samson

Global Seeds Market Factbook (2022 Edition) with impact of COVID-19

 
The global agriculture industry is likely to witness staggering growth post the pandemic as a result of their numerous advantages, including higher productivity, greater adaptability, and a high level of resistance to biotic and abiotic stresses, hybrid seeds have experienced rapid growth, particularly in the major agriculture-producing nations. In cotton, for instance, hybrids produce a 50% greater yield than conventional varieties. Their high buffering capacity to environmental fluctuations is largely responsible for their greater adaptability. By modifying the DNA of seeds and plant cells, modern plant breeding techniques permit the creation of new plant varieties with desirable characteristics. Innovations in plant breeding are assisting farmers in overcoming the challenges they face daily in the field.

North America was the largest geographical market segment for seeds in 2020. The rising demand for grains, oils, and vegetables is a major market driver for seeds. The United States is the region's largest seed market. The Asia-Pacific region is the fastest-growing and second-largest seed market. In recent years, the demand for food in Asia has increased exponentially. In order to meet this demand, the enhancement of crop yield has become a necessity, thereby expanding the studied market.

Companies are investing heavily in new plant technologies in response to the rising demand for advanced improved varieties that are adapted to various climatic conditions, have high yield potential, are disease resistant, and are drought tolerant. In 2020, for instance, Bayer opened its first fully automated greenhouse in Marana, Arizona, which featured innovative advances in proprietary seed chipping, advanced marker technology, automation, and data science.
Adopting improved open-pollinated varieties has many advantages, including a high yield, excellent adaptation to the local environment, and the ability to produce stronger crops. The value of OPV's shares rose by 4% in 2021 compared to the previous year, as a result of an increase in demand.

The Azoth Analytics research report titled ‘Global Seeds Market Factbook (2022 Edition)’ has been analyzed By Type (By Conventional, By Genetically Modified), By Crop Type (By Cereals, By Fruits & Vegetables, By Oilseeds & By Others), By Distribution Channel (Online Channel & Offline Channel) By Region (Americas, Europe, APAC, MEA), By Country (United States, Canada, Brazil, Germany, U.K, France, Italy, China, Japan, India, Indonesia). The market has been assessed for the historical period of 2018-2021 and the forecast period of 2022-2028. The companies profiled in the report include Corteva, Syngenta, Bayer AG, BASF SE, KWS, Rallis India, Enza zaden, LandO’Lakes, Takii & Limagrain.

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https://www.azothanalytics.com/report/food-beverage-and-agriculture/global-seeds-market-2022-edition-trends-and-forecast-analysis-till-2028-by-type-crop-type-distribution-channel-by-region-by-country

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Issued By Derrick Samson
Phone +1 832 495 4885
Business Address 1321 Upland Dr. PMB 15832, Houston, Texas, 77043, US
Country United States
Categories Agriculture
Tags seed , agriculture , market report , azoth analytics
Last Updated December 7, 2022