Seeds Market size was valued at US$ 81.03 Bn. in 2022 and the total revenue is expected to grow at 4.7% through 2023 to 2029, reaching nearly US$ 111.76 Bn.
Seeds Market Scope:
The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
Seeds Market Overview:
The primary goal of this research is to assist the user in understanding the Seeds Market in terms of definition, segmentation, market potential, significant trends, and the problems that the Seeds industry faces in key regions and nations. The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
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Seeds Market Segmentation:
Herbicide, which offers resilience and the innate capacity to live and reproduce within the species, is the dominant attribute in the section of the worldwide seed market. Cotton, canola, and soybeans are a few of the frequently grown crops that have been herbicide-treated. Insecticides are typically used to treat insects before they cause damage to a crop. Comparatively speaking, insecticides are employed less frequently than herbicides.
By kind, the segment is dominated by genetically modified seeds, with a CAGR of 5.3% expected to reach 33.53 billion by 2029. Modern biotechnology offers the chance to modify seeds, which can have a significant impact on crop output. Several crops, including corn, soybeans, cotton, and canola, are frequently utilized to produce genetically engineered goods. With the introduction of superior quality genetically produced seeds by new biotech companies, conventional seeds will likely be utilized less.
By Crop With the highest crop production of maize, canola, soybeans, and cotton accounting for over 48% of the total crop produced globally, cereals and grains dominate the seeds industry. Nearly 80% of South America’s entire harvested crop is made up of genetically modified maize and soybeans. The section that produces soybean, canola, and sunflower seed, which are typically used to make vegetable oil, is likewise led by the oilseed.
Seeds Market Size and Forecast, by Crop Type (2022-2029)
1. Conventional
2. Genetically modified
Seeds Market Size and Forecast, by Type (2022-2029)
1. Cereals & grains
2. Oilseeds & pulses
3. Fruits & vegetables
4. Other
Seeds Market Size and Forecast, by Availability (2022-2029)
3. Commercial Seeds
3. Saved Seeds
Seeds Market Size and Forecast, by Seed Treatment (2022-2029)
1. Treated
2. Untreated
Seeds Market Size and Forecast, by Seed Trait (2022-2029)
1. Herbicide Tolerant
2. Insecticide Resistant
3. Other Stacked Traits
Seeds Market Size and Forecast, by Region (2022-2029)
1. North America
2. Europe
3. Asia Pacific
4. Middle East and Africa
5. South America
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Seeds Market Key Players: The study discusses the key market players who are engaged in the industry, such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors, and so on. The key players in the Seeds market are
1. Bayer Crop Science AG
2. Corteva
3. Syngenta AG
4. BASF
5. Limagrain
6. KWS SAAT SE
7. Sakata Seed Corporation
8. AgReliant Genetics, LLC
9. DLF Seeds A/S
10. Yuan Longping High-tech Agriculture Co., Ltd.
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Regional Analysis:
The report focuses on Global Regions and Market Size of Seeds, and development forecast 2021-2027, including industries, major players, suppliers worldwide, and market share by regions, with company and product introduction, position in the market including their market status and development trend by types and applications, which will provide its price and profit status, and marketing status, with 2020 as the base year.
COVID-19 Impact Analysis on Seeds Market:
The report discusses the impact of COVID-19: Since the breakout of the COVID-19 virus in December 2019, the disease has spread to practically every country on the planet, prompting the WHO to declare it a public health crisis. The worldwide effects of the coronavirus epidemic are already being noticed, and they will have a considerable influence on the Seeds industry in 2021.
Key Questions Answered in the Seeds Market Report are:
- What is the function of Seeds?
- What is the predicted revenue generation of the Seeds market?
- At what growth rate is the Seeds market evolving?
- Who are the major market giants operating in the Seeds market?
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