Europe Seeds Industry - Growth, Trends and Forecasts (2017 - 2022)
The Europe Seed Market is expected to reach USD XX billion by 2020 from USD XX Million in 2015, growing at CAGR of XX% during the forecasted period. Europe is the third largest seed market, accounting for 20% of the global seed market share. Seed is one of the most basic and important agricultural inputs and it forms the third largest inputs market after agrochemicals and farm machinery, globally. Traditionally, the seed industry was the major contributor for the sustainable food production. However, nowadays with the advancement of technology, the industry is also contributing towards animal feed, bioenergy and biomaterials production. In Europe, GM crop cultivation is limited as compared to the rest of the world, due to which, the seed market structure has remained conventional. This industry is also unique, as compared to North America and Asia-Pacific, in terms of industry concentration.
The seed industry provides sustainable solution to the farmers against various environmental conditions like drought, salinity, disease stress and other factors affecting the yield and production of various crops. In the coming years, the seed companies will continue to invest in seed biotechnology, though, currently trends seems different for EU.
The major factors driving the industry include the growing demand for grains, oil and vegetables, increasing usage of biofuels, rising demand of animal feed and less market concentration. However, this market faces certain constraints like lesser adoption of GM crops, long GM approval timelines and regulations, rising public concerns over safety of GM products and the years involved in development of new seed traits.
In this report, the market has been broadly segmented into non-GM/hybrid seeds, GM seeds and varietal seeds. GM seeds are further divided by trait type into herbicide tolerant seeds, insect resistant seeds, abiotic stress resistant seeds and other seeds with stacked traits. By crop type, the industry is segmented into grains and cereals (maize, rice, wheat, and sorghum), oil seeds (soybean, sunflower, cotton, canola and rapeseed), vegetables (solanaceae, cucurbit, root and bulbs, brassica and others) and other seeds. The EU seeds market for economically important crops has undergone an enormous concentration. By crop type, seeds of cereals and pulses are dominating the European market with 39% of the total market share. It was estimated that corn seeds alone accounts for 26% share of the total market.
Currently, France is the largest market in Europe, accounting for one third of the total European seeds market share. France, Germany, Italy, Spain and Netherlands together represent more than 65% of the EU seed market.
EU seed companies are highly diversified in terms of crops portfolio, geographies covered and company size/turnover. The major companies dominating the market includes Syngenta Switzerland, Limagrain (Vilmorin) (France), KWS (Germany), Bayer CropScience (Germany) and DLF-Trifolium (Denmark).
Key Deliverables in the Study
Market analysis for the European seed industry, with region specific assessments and competition analysis.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market.
Extensively researched competitive landscape section with profiles of major companies along with their market shares.
Identification and analysis of the macro and micro factors that affect the Europe seed industry.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions in which this industry is blooming and identification of the regions that are still untapped.