Hybrid seeds Market Consumption Analysis & Growth Trends And market Profile Report Till 2026


Posted February 25, 2022 by rohit890

Hybrid seed are developed artificially by crossing two or more plants of different species.

 
Market Overview

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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Market Dynamics

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 Taxonomy

On the basis of crop type, the hybrid seeds market is segmented into:

Cereals and Grains

Corn

Rice

Sorghum

Fruits and vegetables

Cabbage

Tomato

Eggplant

Chili

Okra

Cucumber

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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Last Updated February 25, 2022