Improved Agricultural Techniques & Extensive Use of Biotechnology in Seed Development Drives the Seeds Market, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Seeds markets. The global Seeds market is forecast to reach US$75 billion by the year 2018, driven primarily by the increasing demand for food in tandem with the growing global population, rising standards in global farming, and extensive use of biotechnology in Seed development. Other factors driving Seeds market include rising demand for pest-resistant Seeds, increasing use of hybrid Seeds, and the introduction of high-end varieties in biotech crops.

Seeds: A Global Strategic Business Report

Follow us on LinkedIn – Over time, the seeds industry has undergone considerable transformation. Commercialization and cutting-edge technology have catapulted seeds from their humble origins in the hands of land tillers to their present-day elevation as highly-coveted proprietary commodities, which are controlled by powerful cash-rich corporates. Intensive research and development efforts conducted by these seed companies have brought about evolved strains of seeds that display improved resistance to diseases and pests, and which are able to deliver enhanced yields and superior produce. Such advancements across the seeds landscape proved to be a welcome boon for agriculturists who are often plagued by uncertainties and losses due to the low-performing seeds and crops. Additionally, the uptake of high-performing hybrid and genetically-modified seeds has been increasing progressively in most regions of the world. The most noteworthy benefit from such seeds has been the plentiful supply of food that the growing world population is enjoying.

Global seeds market is largely influenced by several factors, such as total crop surpluses or shortages, weather conditions, and demand for specific disease and/or pest resistant traits. In the years to come, global seeds market is projected to grow, driven by rising standards in global farming, improved infrastructure, enhanced land reclamation, scientific development, and advanced management systems. Farmers in various countries are showing increased preference for certified seeds, and innovative high-yielding varieties. Extensive use of biotechnology in seed development is resulting in new and high-end varieties, which is driving the overall seeds market. Despite resistance from several sectors, Genetically Modified (GM) Seeds has fiercely penetrated the agricultural industry. Going forwards, GM seeds are expected to grow from the fringes of crop protection into newer potential applications. Currently, the industry is witnessing new lines of genetically modified crops with improved pest protection and nutritional value being added by several producers.

Another important trend in the agriculture sector is the growing shift towards hybrid seeds. Several biotech companies introduced hybrid seeds as well as biotech traits into these seeds to render them disease and environmental calamity resistant. Various Governments are promoting the use of hybrid seeds in an effort to address rising food demand. Increasing competition in the hybrid seeds market is likely to result in improved crop varieties, with increased productivity and tolerance towards severe environmental factors. These varieties will have the characteristics of drought tolerance, high productivity, and nitrogen-utilization efficiency. The hybrid seed producers constantly endeavor to innovate in order to introduce improved varieties, with the major focus directed towards producing varieties with best characteristics. In the forthcoming years, seed producers are expected to introduce a variety of hybrid seeds by technology licensing and partnering with each other.

Asia-Pacific represents the largest and the fastest growing regional market worldwide, as stated by the new market research report on Seeds. China, which is one of the leading seed markets worldwide, represents a major country in the Asia-Pacific region. The Chinese Government is actively considering the opening up of the seeds sector to foreign players, a move which would enable international seed companies to hold controlling share in joint ventures. Another prominent market for seeds is the US. Demand for seeds in the United States is expected to maintain steady growth in the coming years, spurred by the development and launch of a wide range of high-end transgenic and hybrid seeds. The market is also likely to be shaped by a number of favorable factors, such as growing garden and lawn expenditures of consumers, a general shift towards narrow planting of rows, and expanding new uses of crops.

Segment-wise, Grain Seeds represents the largest segment. Horticulture seeds constitute the second largest segment in the seeds market. However, demand is expected to mainly emanate from Vegetable Seeds, which represents the fastest growing segment during the analysis period. The vegetable seeds market is primarily a fragmented and complex sector within the seed industry. Another noteworthy segment is Oilseeds, which is principally driven by the increasing usage of oilseeds in the biofuel industry. Among oilseeds, soybean corners a major portion of the global oil seed produce, owing to its extensive use as feed, food, and as fuel. Other key oilseeds include rapeseed, cotton seed, peanut, and sunflower.

Major players profiled in the report include Bayer CropScience AG, BASF Agricultural Solutions, Dow AgroSciences, Syngenta, Mycogen Seeds, KWS SAAT AG, Groupe Limagrain, Monsanto Company, Land O’Lakes, Delta and Pine Land Company LLC, Emergent Genetics, Seminis Inc., Pioneer Hi-Bred International, Inc., Sakata Seed Corp., The Pickseed Companies Group, The Scotts Miracle-Gro Company, Lantmännen SW Seed AB, among others.

The research report titled “Seeds: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of the Seeds market, current market trends, key growth drivers, use of biotechnology in agriculture, review of genetically modified (GM) seeds, recent product introductions, recent industry activity, and profiles of major/niche global as well as regional market players. The study analyzes market data and analytics for the years 2010 through 2018 in terms of value sales for the global seeds market for the following geographic markets - US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Key segments analyzed include Grain Seeds, Vegetable Seeds, Oilseeds, Horticulture Seeds (Flower Seeds and Lawn/Grass Seeds), Fruit Seeds, and Miscellaneous Seeds. A six-year (2004-2009) historic analysis is provided for additional perspective.

For more details about this comprehensive market research report, please visit –
http://www.strategyr.com/Seeds_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

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Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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