Global Commercial Seeds Market Overview:
The latest report by IMARC Group, titled “Commercial Seeds Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global Commercial Seeds Market Report. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global commercial seeds market reached a value of US$ 63.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 98.6 Billion by 2027, exhibiting a CAGR of 7.64% during 2022-2027.
Commercial seeds are conventionally sown or synthetically modified to produce certain crops. Some of the commonly used seeds include maize, cotton, canola, rice, cereal, and vegetable. These seeds are usually sold to commercial growers and amateur gardeners to reduce soil erosion on cropland, enhance the quality of the yield, improve the productivity of grazing lands, and restore wetlands. Apart from this, they are extensively utilized as animal feed and raw material in biodiesel fuel.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally-our estimates about the latest market trends and forecast values after considering the impact of this pandemic.
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Global Commercial Seeds Market Trends:
The global commercial seeds market is majorly being driven by a significant rise in the population and the escalating demand for plant-based food products. Additionally, the growing environmental consciousness has led to the widespread adoption of sustainable farming practices, which, in turn, is inflating the demand for organic, non-genetically modified organisms (non-GMO) commercial seeds. Moreover, continuous investments in research and development (R&D) activities to improve the yield are creating a positive outlook for the market.
Global Commercial Seeds Market 2022-2027 Analysis and Segmentation:
Competitive Landscape with Key Players:
- Bayer AG
- Corteva Inc
- DLF Seeds A/S
- KWS SAAT SE & Co. KGaA
- Land O’Lakes Inc.
- Rijk Zwaan Zaadteelt en Zaadhandel B.V.
- Sakata Seed South Africa
- Syngenta Group (ChemChina)
- Takii & Co. Ltd.
- Vilmorin & Cie (Groupe Limagrain)
Breakup by Conventional Seeds:
By Genetically Modified Seeds:
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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