Hybrid Seeds Market Segmented by Industry Trends, Outlook, Regulatory Bodies & Regulations and Key Market Players Till 2026


Posted April 11, 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 crossing two or more plants of different species. Crossing 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. These seeds are developed by natural methods of cross breeding and they are not genetically modified. Hybrid seeds are majorly used in gardening and farming of flowers and vegetables such as roses, tomatoes, and sweet corn. The advantages of hybrid seeds over conventional seeds are increased yield, early maturity, high heat and cold tolerance, disease and pest resistance, better uniformity, and better fruit quality. High demand for fruits and vegetables from emerging economies is driving growth of the hybrid seeds market.
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Short term hybrid seed can be stored for 9 to 12 months, medium term hybrid seed can be stored for 12 to 36 months and long term can be stored up to 4 years and more kept under refrigeration. Hybrid seeds are treated with biological, physical, and chemical agents to develop healthy crops and prevent them from disuses caused by insects and pests. Hybrid seeds are mostly used for cultivating rice.

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.


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Issued By Mr. Shah
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Business Address Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: [email protected]
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Country United States
Categories Advertising , Business , Marketing
Tags hybrid seeds industry trends , hybrid seeds market , regulatory bodies regulations , key market players
Last Updated April 11, 2019