Global Seeds Market
Global seeds market by product (non-transgenic hybrids, open pollinated varieties, transgenic hybrids), by crop (cereals and grains, cotton, pulses and oilseeds, vegetables seeds, others), by region (Asia Pacific, Europe, North America, Rest of the World (RoW)), industry snapshot, 2022-2028
Seed, as an important source of food and agriculture, is the backbone of sustainable development as the diversity and the quality of seed are key contributors to sustainable food production and ultimately to ensuring global food security and nutrition. The global seeds market is projected to rise by USD 24.8 billion by 2028, according to a new report by Gen Consulting Company. It is anticipated to expand at a CAGR of 5.8 percent during the forecast period.
This industry report offers market estimates of the global market, followed by a detailed analysis of the product, crop, and region. The global market data on seeds can be segmented by product: non-transgenic hybrids, open pollinated varieties, transgenic hybrids. The non-transgenic hybrids segment captured the largest share of the market in 2021. Seeds market is further segmented by crop: cereals and grains, cotton, pulses and oilseeds, vegetables seeds, others. The cereals and grains segment held the largest share of the global seeds market in 2021 and is anticipated to hold its share during the forecast period. Based on region, the seeds market is segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW).
The cereals and grains market is further segmented into maize, rice, sorghum, wheat, others. According to the research, the maize segment had the largest share in the global seeds market. Furthermore, the pulses and oilseeds market has been categorized into canola, pulses, soybean, sunflower, others. Gen Consulting Company research indicates that the soybean segment occupied the largest share of this market in 2021 and is expected to draw the highest demand in coming years. The vegetables seeds market is further divided into brassica, cucurbit, roots and bulbs, solanaceae, others. Globally, the solanaceae segment made up the largest share of the seeds market.
The global seeds market is highly competitive. The report also includes the profiles of leading companies such as BASF SE, Bayer AG, Beidahuang Kenfeng Seed Co. Ltd., Bejo Zaden B.V., Corteva Inc., DLF Seeds A/S, Enza Zaden Beheer B.V., Groupe Limagrain, Invivo Group SASU, KWS SAAT SE & Co. KGaA, Lidea France SAS, Maison Florimond Desprez S.A.S., RAGT Semences SAS, Rijk Zwaan Zaadteelt en Zaadhandel B.V., Royal Barenbrug Group, Sakata Seed Corporation, Syngenta AG, Takii & Co. Ltd., UPL Limited, Yuan Long Ping High-Tech Agriculture Co. Ltd.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.
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