Mar 18, 2023 (SUPER MARKET RESEARCH via COMTEX) --
According to the latest report by IMARC Group, titled,"Commercial Seeds Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," 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.
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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.
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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:
- Maize
- Soybean
- Vegetable
- Cereals
- Cotton
- Rice
- Canola
- Others
Breakup by Genetically Modified Seeds:
- Soybean
- Maize
- Cotton
- Canola
- Others
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
- Market Outlook
- Porter's Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Contact Us:
IMARC Group
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Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
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The post Commercial Seeds Market 2022-2027: Industry Share, Size, Growth Analysis, Leading Companies, and Forecast appeared first on Super Market Research.
COMTEX_426930856/2607/2023-03-18T05:56:46
