Wednesday, 2 May 2018

Seeds Market Industry: Future Demand, Market Analysis & Outlook to 2022

Technavio recognizes the following companies as the key players in the global seeds market: Bayer, DowDuPont, Groupe Limagrain, KWS, Land O' Lakes, Monsanto, Syngenta
Commenting on the report, an analyst from Technavios team said: The latest trend gaining momentum in the market is Innovations in seed technology. Manufacturers worldwide are developing many innovative seed technologies to meet the growing demand for food production. These technologies are developed to improve production yields and nutrition profiles, lower the costs of production, and offer value added traits. Innovative seed technologies are tested to be in tandem with ongoing global trends.
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According to the report, one of the major drivers for this market is Increasing investments in agricultural research. The increasing investments in agricultural research have been of prime importance, with major global private firms focusing on innovations pertaining to the agriculture sector. The advent of biotechnology and different scientific developments, the growing stronghold of Intellectual Property Rights (IPR) over innovations, and a huge expansion of the agricultural inputs market globally have been encouraging many private companies to invest in agricultural research. In 2010, the global private sector investments in R&D, to help improve agricultural inputs, went up to $11 billion from the $5.6 billion in 1994.
Further, the report states that one of the major factors hindering the growth of this market is Rise in seed prices. Seed breeding is an expensive process, which increases the cost of seeds. Players are investing more in breeding seeds with advanced traits or genes that are sourced from genetech companies. However, the use of advanced technology for cultivation increases the cost of seeds.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The market is expected to grow at a CAGR of 7.79%
About Seeds
A seed is an embryonic plant enclosed in a protective layer. The formation of seed is part of the process of reproduction in plants.
Technavios analysts forecast the global seeds market to grow at a CAGR of 9.22% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global seeds market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of seeds.
The market is divided into the following segments based on geography:
·         Americas
·         APAC
·         EMEA
Technavio's report, Global Seeds Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
·         Bayer
·         DowDuPont
·         Groupe Limagrain
·         KWS
·         Land O' Lakes
·         Monsanto
·         Syngenta
Market driver
·         Increasing investments in agricultural research
·         For a full, detailed list, view our report
Market challenge
·         Rise in seed prices
·         For a full, detailed list, view our report
Market trend
·         Innovations in seed technology
·         For a full, detailed list, view our report
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