Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
A seed is an embryonic plant enclosed in a protective outer covering. The formation of the seed is part of the process of reproduction in seed plants, the spermatophytes, including the gymnosperm and angiosperm plants. Seeds have been an important development in the reproduction and success of gymnosperm and angiosperm plants, relative to more primitive plants such as ferns, mosses and liverworts, which do not have seeds and use water-dependent means to propagate themselves. Seed plants now dominate biological niches on land, from forests to grasslands both in hot and cold climates.
The global seed market has gained sustainable growth owing to the growing global population and scarcity of resources, such as land and water, which leads to food scarcity. Rising investment in research and development in agriculture sector have led to new product innovation which has further enhanced the market growth. Modernization of agriculture and rising use of waste land for agriculture is another driving factor augmenting the demand for seed market. However, ban on the use of GM crops in certain regions will restrain the growth of global seeds market during the forecast period. The seed industry has witnessed a substantial change in the past century, with farmers relying on purchasing seeds from market with better traits rather than relying on seeds from previous season’s harvest. Developments in seed technology have increased the momentum of the industry’s growth and the introduction of genetically modified crops has further boosted the seed market. One of the major trends which will influenced the seeds market during the forecast period is the significant shift in farming practices worldwide.
The report analyses the seed market based on its type, crop type, treatment and geography. Seeds can be genetically modified as well as conventional seeds. GM seeds have been used by farmers for approximately 20 years. Furthermore, the various type of crops include vegetable, fruits, cereals & grain, oilseeds and other. Seeds can be either treated or untreated. Treated seeds have been coated with some sort of pesticide, fungicide or preservative chemical or biological to protect them from soil-borne pathogens or to improve storage-life.
Seeds can be genetically modified as well as conventional seeds. GM seeds have been used by farmers for approximately 20 years. However, seeds have actually been modified through old-style plant breeding techniques for hundreds of years. Fruits like today's seedless watermelon and bananas, which are expressively different than earlier versions, are the result of traditional plant breeding techniques. Modern GM seeds can also be the result of traditional plant breeding that enhances desired traits to plants—the mixture of advanced methods and foundational plant science. Likewise, any seed that does not have foreign or input traits added to the seed through genetic engineering is termed as conventional seeds.
Furthermore, the various type of crops include vegetable, fruits, cereals & grain, oilseeds and other. In 2018, the grains segment accounted for the largest share of the seed market. Increasing seed replacement rate in areas under cultivation, R&D, and intensive agriculture practices followed by farmers to increase the yield and productivity of the crop are some major factors driving the growth of cereals & grains segment in seed market. Grain demand is expected to increase 30% by 2025. This demand will not only be driven by population growth but also by greater economic prosperity in emerging markets, as well as biofuels expansion. Around 30% of this additional demand will come from changes in consumer diets as opposed to population growth. The demand for oilseeds is rising due to increased household consumption in emerging countries and growing foodservice industry.
Seeds can be either treated or untreated. Treated seeds have been coated with some sort of pesticide, fungicide or preservative chemical or biological to protect them from soil-borne pathogens or to improve storage-life. Similarly, non-treated or untreated seeds have not been processed prior to being packaged. Treated seeds may yield larger crops and improves germination rates. Untreated seeds are clean and chemical-free often used by organic growers. Many home gardeners are seeking seed that has not been dosed with pesticides. Some chemical treatments may be harmful to insects, including bees that eat pollen from the mature plant.
Geographically, the global seed market is categorized into North America, Europe, Asia Pacific and Rest of the World. Rest of the world comprises of Latin America and Middle East & Africa. Globally, North America occupies the largest market share, and together with Europe, constitutes more than 50% of the global seed market. Asia Pacific is expected to grow at the highest CAGR over the projected period. The key driving factors leading to high growth rate are continuous increase in the population and the support provided by the government as well as national and international associations to increase the agriculture production of oil, fruits and vegetables to meet the need for food products. China, Japan and India are expected to grow rapidly in the seed market in near future.
Key players of the global seed market are Bayer CropScience AG, E. I. Du Pont De Nemours and Company, Syngenta AG, The Dow Chemical Company, KWS SAAT SA, Groupe Limagrain, Sakata Seed Corporation, Rallis India Limited, Land O’Lakes, Inc. and Monsanto Company among others. Mergers & acquisitions are the strategies adopted by top companies to increase the share in the seed market.
A seed is a basic part of any plant. The ovules after fertilization, develop into seeds. A seed is made up of a seed coat and an embryo. The embryo is made up of a radicle, an embryonal axis and one (wheat, maize) or two cotyledons (gram and pea). A seed is found inside a fruit which converts into a new plant when we plant it. Hence, the seed is the most important part. The report analyses the seed market on the basis of type, seed type, treatment and geography. The report analyses the seed market based on its type, crop type, treatment and geography. Seeds can be genetically modified as well as conventional seeds. GM seeds have been used by farmers for approximately 20 years. Furthermore, the various type of crops include vegetable, fruits, cereals & grain, oilseeds and other. Seeds can be either treated or untreated. Treated seeds have been coated with some sort of pesticide, fungicide or preservative chemical or biological to protect them from soil-borne pathogens or to improve storage-life. Geographically, the global seed market is categorized into North America, Europe, Asia Pacific and Rest of the World. Rest of the world comprises of Latin America and Middle East & Africa. Globally, North America occupies the largest market share, and together with Europe, constitutes more than 50% of the global seed market.
Why to buy this:
