Seeds are embryonic plants covered in a protective coating which function as the unit of reproduction for the parent plant. They provide food for a number of animal species, and form a basic part of the agricultural process. Over the past several decades, the significance of seeds in the agriculture industry has increased rapidly on account of advancements in technology and the subsequent introduction of enhanced seed varieties. According to IMARC Group’s latest report, titled, “Seeds Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global seeds market reached a value of US$ 71.4 Billion in 2019.
One of the major trends which has influenced the seeds market is the significant shift in farming practices worldwide. Nowadays, an increasing number of farmers buy commercially produced enhanced seed varieties as opposed to using seeds from the last harvest. This has been a result of the various advantages offered by enhanced varieties of seeds such as high yield, improved nutritional quality, reduced crop damage, disease resistance, etc. Moreover, the increasing global population and the consequent rise in demand for food, coupled with the expanding biofuel production have also stimulated the demand for enhanced seed varieties worldwide. Looking forward, IMARC Group expects the market to exhibit moderate growth during 2020-2025.
The report has segmented the market on the basis of type. Currently, grain seeds represent the largest seed type accounting for nearly half of the total global production. Other major seed types include oil seeds, vegetable seeds and fruit seeds. On the basis of region, the report has covered North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa. Among these, North America represents the largest producer accounting for around a third of the global market. The report has also analysed the competitive landscape of the market with the key players being Monsanto, Bayer, DuPont, Syngenta and Dow Chemicals.
This report provides a deep insight into the global seeds market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, key market drivers and challenges, recent trends, market forecast, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, researchers, consultants, investors, business strategists, and all those who have any kind of stake or are planning to foray into the seed industry in any manner.
By Seed Type
For Each Seed Type, the Report Covers:
For Each Region, the Report Covers:
Seeds Companies Covered:
For Each Company, the Report Covers:
Along with this, IMARC Group has also done a study on the top seeds companies in USA, which has enabled our clients to set up and expand their businesses successfully.
Key Question Answer Report:
The global seeds market size was worth US$ 71.4 Billion in 2019.
The global seeds market will primarily be driven by the need to maximize agricultural productivity so as to meet the growing food demand.
As per the IMARC Group estimates, the global seeds market will reach a strong growth during 2020-25.
The seeds market has been analyzed on the basis of the product type into oil, cereals & grains, flower, burpee, fruits & vegetables and others.
Presently, oilseeds are the most preferred segment in the seeds industry.
The oilseeds market has been segmented into soybean, sunflower and cotton.
The cereals and grains seeds market has been segmented into corn, wheat, rice and sorghum.
The fruits and vegetables seeds market has been segmented into tomatoes, melons, brassica, pepper, lettuce, onion and carrot.
The others seeds market has been segmented into alfalfa, clovers and other forage, flower seed and turf grass.
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