As per this study the Global Commercial Seeds Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2027 with a CAGR of XX%.
Commercial seeds are basically used for crop production, animal feed or as industrial raw material. These are categorized into two types conventional and biotechnology or GM (genetically modified) seeds. In addition, commercial seeds are also used for oil extraction and other industrial applications as a raw material.
The increasing demand for food products owing to the growing population across the globe is driving the market growth. Also, rising demand for biofuels is another factor fuelling the market growth as crops such as corn is a key ingredient in ethanol production. In addition, commercial seeds results in higher output is again a factor fuelling the market growth. However, the high cost of R&D associated with biotechnology or genetically modified crops may hamper the market growth in the upcoming years.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of commercial seeds.
The broad commercial seeds market has been sub-grouped into products, and GM seeds product. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By GM Seeds Product
- Maize (Corn)
- Canola (Rapeseed)
- Maize (Corn)
- Canola (Rapeseed)
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for commercial seeds in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Commercial Seeds Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the commercial seeds market include Bayer AG, DowDupont, KWS SAAT SE, Monsanto Company, Rijk Zwaan Zaadteelt en Zaadhandel B.V., Sakata, Syngenta, TAKII & CO., LTD., Vilmorin SA, and others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.