The North America seeds market reached a value of US$ 24 Billion in 2019. Seeds are embryonic plants enclosed in an outer covering known as a seed coat, which provides nourishment and protection to the embryo. It also helps in yielding different fibers, and dispersal and dormancy during unsuitable conditions. Owing to this, seeds are widely utilized in the production of edible and non-edible oils, and various industrial chemicals.
North America currently represents one of the largest markets for seeds on account of high demand for genetically modified seeds that offer enhanced yield quantity and quality. Moreover, technological innovations in the production of seeds, such as wheat, maize and corn, is also fueling the seeds market growth. Further, the increasing demand for biofuels will continue to spur the demand for corn, barley and maize seeds in the upcoming years. Looking forward, IMARC Group expects the market to reach a value of US$ 34 Billion by 2025, registering a CAGR of 6.3% during 2020-2025.
Along with this, IMARC Group has also done a study on the global seeds market, which has enabled our clients to set up and expand their businesses successfully.
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Report Customization: Although IMARC has tried to cover everything in the North America seeds market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20-man hours of free customization for each report.
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