Market Overview:

A seed is used as the primary, central, and significant input in agriculture and all farming systems. Seed serves many functions for the plants like dispersal to new locations, nourishment of the embryo, and dormancy throughout unfavourable conditions. Timely availability of quality seeds inadequate quantity decides the health and strength of an agricultural economy. The global seed market was valued at USD 76.44 billion in 2019 and expected to be raising at a CAGR of 9.20% to reach USD 118.7 billion by 2024.

Market drivers and restraints:

The expansion of the global seed market is driven by modernization of agriculture, need to escalate food production, and increase in usage of biofuels & animal feed. In addition to that, diversification of diets, the sophistication of seed technologies like seed coating & seed pelleting, increase in use of wasteland for agricultural purposes, and increasingly accommodative regulatory stance, are estimated to boost the seed market expansion.

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Report segmented as:

By crop type:

Oilseed
Grain seed
Fruit and vegetable
Other seed
By seed trait:

Herbicide tolerant
Insect resistant
Other stacked trait
Geographical analysis:

North America has the highest share in the global seed business, accounting for close to 36% of the global market followed by Europe. The Asia Pacific market that is majorly driven by China and India is estimated to offer high expansion opportunities, due to considerable rise in population.

Important market players:

Key players operating in the global seeds market include Advanta Limited, Bayer Crop Science AG, DLF Seeds A/S, DOW Agrosciences LLC, E.I. Du Pont De Nemours and Company, Groupe Limagrain Holding SA, KWS AG, Land O' Lakes, Inc., Sakata Seed Corporation, Syngenta AG, Ajeet Seeds Private Limited, Ankur Seeds Pvt. Ltd., Shriram Bioseed Genetics India Limited Company, S&W Seed Company, Takii & Co. Ltd, and so on.

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The Scope of the report:

This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.

Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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