Seed Market Expected to Jump $92.04 Billion by 2020


Posted June 4, 2015 by eriksmith002

The global market for seed was valued at $53.76 Billion in 2014 and is projected to reach $92.04 Billion by 2020, at a CAGR of 9.4% from 2015 to 2020.

 
The report “Seed Market by Type (Cereals & Grains, Oilseeds, and Fruit & Vegetables), Seed Trait (Herbicide Tolerant, Insect Resistant, and Other Stacked Traits) & Region - Global Trends & Forecast to 2020” defines and segments the seed market with analyses and projections of the size of the seed market. It also identifies the driving and restraining factors of the market with analyses of trends, opportunities, and challenges.

Browse 126 market data tables and 75 figures spread through 243 pages and in-depth TOC on “Seed Market - Global Trends & Forecast to 2020".

Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=126130457

Early buyers will receive 10% customization on this report.

The market is segmented and projected on the basis of major regions: North America, Europe, Asia-Pacific, Latin America, and Rest of the World (RoW). The key countries of each region are covered and their market sizes projected. Further, the market is segmented and projected on the basis of seeds with traits.

The rising demand for food and feed and rapid decline in arable land has augmented the demand for agricultural products which in turn exerted pressure on farmers to increase the productivity in various crops grown on available limited land. In order to avail optimum utilization of the land available for cultivation, use of improved & high yielding cultivars/seeds along with other agricultural inputs such as crop protection products, fertilizers, and irrigation are considered essential.

Seed is considered to be one of the most important parts of agriculture crop production on which the use of other agri-inputs efficiency depends. Biotech seeds are consequently seen as those products which can improve the return on investment and to respond to consumer demands for economical agricultural production by increasing per unit seed production and per hectare production.

Speak to Analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=126130457

High growth potential in emerging markets and untapped regions, provide new growth opportunities for market players. The growth of this market is also driven by changing composition of diet and other industrial demand for the crop produce, which is leading to commercial crop area expansion.
The global market for seed was valued at $53.76 Billion in 2014 and is projected to reach $92.04 Billion by 2020, at a CAGR of 9.4% from 2015 to 2020. North America dominated the global market. The Asia-Pacific region is expected to be the fastest-growing market in the near future owing to the high populous countries in the region along with technology driven agriculture practices.

Grain seed controls largest market share with corn as the dominating crop in the grain segment. Among oilseed crops, major harvested acreage increase has witnessed in canola (rapeseed) and soybean crops at the CAGR of 4.1% and 2.9% in the last decade and the same has driven the demand for seeds of these two oilseed crops. Study findings reveal that Paraguay, Ukraine, and Uruguay are emerging as the new hotspots for the cultivation of soybean which are expected to provide growth opportunity for the soybean seed market players.

The global seed market is marked with intense competition due to the presence of a large number of both, big and small firms. Research and development activities from the seed companies have provided new technologies in order to expand the global seed market reach to achieve efficiency of crop production through the improved seeds or planting materials. Top ten companies accounted for major share in the global seed market revenue in 2014. New product launches, mergers & acquisitions, and partnerships and expansions are the key strategies adopted by market players to ensure their growth in the market. The market is dominated by players such as Monsanto (U.S.), E. I. Du Pont De Nemours and Company (U.S.), Syngenta AG (Switzerland), KWS SAAT SE (Germany), and Bayer CropScience AG (Germany).

About MarketsandMarkets:

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: [email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Erik Smith
Website Seed Market
Phone +1-888-600-6441
Business Address Mr. Rohan North - Dominion Plaza, 17304 Preston Road, Suite 800, Dallas, TX 75252
Country Virgin Islands (U.S.)
Categories Agriculture , Business , News
Tags seed , seed market
Last Updated June 4, 2015