Commercial Seeds Market Report Expects the Market Value of USD 71 BN BY 2026
Posted On March 18, 2020
The Global Commercial Seeds Market is foreseen to grow at a remarkable CAGR of 6% during the year 2020-2026 as estimated by the reports from Value Market Research wherein the market value is expected to grow from USD 47.2 BN in 2019 to USD 71 BN by 2026. The falling standards of the global environment due to climate change are acting as a catalyst for a boom in the market for commercial seeds. The commercial seeds market has been growing at a very steady rate and will continue to do so for the future. The commercial seeds have a higher shelf life and are more resistant towards the pest infestations. The demand for commercial seeds is also increasing due to the increase in demand from the livestock sector as the need for animal fodder is also increasing. The commercial seeds have spawned a massive market all over the globe and are being eyed as the future of the world due to the rapidly depleting global resources. For now, the market for commercial seeds are high and will continue to remain so for the foreseeable future due to the market drivers mentioned above.
Commercial seeds are an integral part of any modern economy. These refer to the seeds that are intentionally sown to get a particular crop. The crops can be for varied uses like animal fodder, industrial raw materials, and commercial foods. The commercial seeds are a little different from the normal seeds as they are made specially to offer higher output. The commercial seeds market is very important for the plant breeders and those who provide the raw material for the industries and even sell commercial food materials. With a decrease in the amount of land available for farming, the commercial seeds market has become more important for the economy now.
The geographical and segmentation study covered in the report "Global Commercial Seeds Market Report By Product (Maize (Corn), Soybean, Vegetable, Cereals, Cotton, Rice, Canola (Rapeseed) And Others), GM Seeds Product (Soybean, Maize (Corn), Cotton, Canola (Rapeseed) And Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2019-2026" helps in understanding the upcoming trends of the market. The report analyses the trends of the past years along with deeply studying the geo-political trends, thus authenticating the findings of the research and making it more reliable.
By product the market is bifurcated into maize (corn), soybean, vegetable, cereals, cotton, rice, canola (rapeseed) and others.
On the basis of GM seeds product the market is bifurcated into soybean, maize (corn), cotton, canola (rapeseed) and others.
North America, Europe, Latin America and Middle East & Africa are deeply researched in the report.
The Report Segments Global Commercial Seeds Market -
- Maize (Corn)
- Canola (Rapeseed)
By GM Seeds Product
- Maize (Corn)
- Canola (Rapeseed)
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Players Profiled In the Report:
Bayer AG, DowDupont, KWS SAAT SE, Monsanto Company, Rijk Zwaan Zaadteelt en Zaadhandel B.V., Sakata, Syngenta, TAKII & CO., LTD., Vilmorin SA, and others.
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