Global Seed Market – Segmented By Crop Type, Trait And Geography – Trends And Forecasts (2015-2020)
The global Seed market by revenue was $58.6 billion in 2015, and is projected to reach $92.3 billion in 2020, witnessing the growth at a CAGR of 9.4% for the forecast period.
Asia-Pacific is the biggest market for seeds with a share of about 32.7%, and is expected to remain at the top for the forecast period, which is closely followed by North America. Europe is the other major market covering a share of 23.5% in the global seed market in 2015.
The continually growing world population drives the seed market. In addition, rising demand of biofuels is mounting pressure on agricultural lands to increase yield of crops such as corn, which is a key ingredient in producing ethanol. Other key factors which are expected to drive the growth of global seeds include increased consumption of animal fodder to meet the growing population of cattle and a rising need in commodities such as vegetable oil. However, major concerns over Genetically Modified foods among the public and a minority of scientists exist regarding their ill effects on the human health and potential adverse effects to the environment.
The global seed market is segmented by crop type into oilseed, grain seed, fruit and vegetable and other seeds. Major crops under oilseed such as soybean, sunflower, rapeseed, and cotton have been analyzed in this report. Crops under grain seed such as corn, wheat, rice, and barley are also studied. The second segmentation is based on traits of Genetically Modified seeds.
This report estimates and projects the global market for Seeds for the period 2014-2020, in terms of value (US$ million) by geographic regions including North America, Europe, Asia-Pacific, South America and Africa.
Monsanto Company, DuPont, Syngenta AG, Dow AgroSciences LLC, Land O’Lakes, Inc., and Bayer CropScience are some of the major manufacturers of seeds.
In this report we offer
Market analysis for the Global Seed Market, with region specific assessments and competition analysis on global and regional scales.
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 on a global and regional scale
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 Global Seed Market on both global and regional scales
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 to also identify the regions that are still untapped