Hybrid Seeds Market Research Report Forecast Till 2026


Posted April 30, 2019 by Pallavicoh

Asia Pacific is estimated to be the fastest growing market over the forecast period. India and China are gaining significant traction in hybrid seed market, owing to increasing population with high demand for healthy food.

 
Hybrid seed are developed artificially by combining two or more plants of different species. Combining two different varieties result in development of seed that carries one or more desired traits. Hybrid seeds are majorly used in commercial farming to increase crop yields and to develop disease and climate resistant plants.


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Hybrid seeds Market Outlook

North America is the largest hybrid seeds market, owing to increasing demand for farming product.

Asia Pacific is estimated to be the fastest growing market over the forecast period. India and China are gaining significant traction in hybrid seed market, owing to increasing population with high demand for healthy food. Urbanization has resulted in loss of farmland, which is creating demand for food production food in less area.

In Latin America, Middle East, and Central Europe the hybrid seeds market is growing at a slow rate due to the lack of awareness regarding benefits of hybrid seeds.

Hybrid seeds Market Challenges

However, process involved in preparation of hybrid seed is expensive and complex, which is expected to restrain growth of the market. Furthermore, hybrid seeds are unable to survive in changing climatic conditions and they cannot reproduced once sowed in the field. Moreover, lack of awareness among customers and lack of biotic stress resistant hybrids are the major challenges for growth of the hybrid seed market.

Major players are adopting various organic and inorganic growth strategies to maintain leading position in market. For instance, AgrEvo, a joint venture of Hoechst AG and Schering AG is a market leader in hybrid vegetable seeds. Key players operating in hybrid seeds market include DOW Agro Sciences LLC, E.I Du Pont De Nemours and Company, Monsanto, Syngenta AG, KWS, Advanta Limited, Land O’ Lakes, Inc., Takii & Co. Ltd., Mahyco, and Bostadt India Limited.
RESEARCH METHODOLOGY

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Issued By Mr. Shah
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Tags hybrid seeds industry trends , hybrid seeds market , key market players , outlook , regulatory bodies regulations
Last Updated April 30, 2019