Seed Market in Europe 2015-2019
The seed market globally has seen many innovations in seed technology over the years, which has improved seed quality and selection and provided a wider range of varieties with desired characteristics and suited to specific conditions and geographies. This has resulted in better-quality crop production and help in meeting global growing demand for food world over.
Technavio's analysts forecast the seeds market in Europe to grow at a CAGR of 10.57% over the period 2014-2019.
Covered in this Report
The report covers the present scenario and the growth prospects of the seeds market in Europe for the period 2015-2019. To calculate the market size, the report considers revenue generated through the sales of oilseeds, grain seeds, fruit and vegetable seeds, and other seeds. Oilseeds constitute soybean, cotton, sunflower, and oilseed rape, while grain seeds constitute corn, sorghum, wheat, and rice. Vegetable and fruit seeds consist of seeds for cauliflower, tomato, eggplant, cauliflower, spinach, lettuce, watermelon, onion, pepper, watermelon, carrot, and other such seeds. Other seeds include forage, grass, and flower seeds.
Technavio's report, the Seeds Market in Europe 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Europe; it also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors. Key Region
Technavio Announces the Publication of its Research Report – Seeds Market in Europe 2015-2019
Technavio recognizes the following companies as the key players in the Seeds Market in Europe: Bayer CropScience, Dow, DuPont, Monsanto and Syngenta
Other Prominent Vendors in the market are: Caussade Semences, DLF-Trifolium, KWS, Limagrain, Maisadour and RAGT
Commenting on the report, an analyst from Technavio’s team said: “Seeds with advanced traits have herbicide, insecticide, and disease resistance, abiotic stress tolerance, and modified quality pollination control systems. Herbicide and insecticide-resistant seeds held the largest shares in the market in 2014. A rise in the cultivation of hybrid soybean and corn seeds fuels growth as these seeds are highly resistant to pests and herbicides. Vendors are increasingly developing seeds with specific traits that enhance yield for the market and minimize crop losses. The growing adoption of seeds with advanced traits is expected to propel the growth of the market.”
According to the report, the availability of per capita arable land has declined because of a rise in the population, urbanization, and growing demand for food. Therefore, farmers are concentrating on developing techniques for progressive food production to increase the efficiency of farmland. This is driving the need for GM seeds with longer shelf life, high quality, and resistance to pests. Vendors are constantly introducing hybrid and GM seeds in the market to combat the challenges faced by farmers because of the shortage of farmland. Therefore, the decline in arable land coupled with the development of GM crops favors growth of the European market.
Further, the report states that market growth is inhibited by certain concerns such as apprehension regarding GM crops.
Bayer CropScience, Dow, DuPont, Monsanto, Syngenta, Caussade Semences, DLF-Trifolium, KWS, Limagrain , Maisadour, RAGT