DALLAS, March 27, 2015 /PRNewswire/ --
Sandlerresearch.org adds Global Seeds Market 2015-2019 a new research report added to the store. The increased adoption of genetically modified seeds will boost the Global Seeds Market, which is expected to post a CAGR of 11.04% from 2014-2019.
The report covers the present scenario and the growth prospects of the Global Seeds market for the period 2015-2019. To calculate the market size, the report considers revenue generated through the sales of oilseeds, grain seeds, fruit and vegetable seeds, and other seeds in the market. Oilseeds constitute soybean, cotton, sunflower, and oilseed rape, while grain seeds constitute corn, sorghum, wheat, and rice. Vegetable and fruit seeds consist of seeds for vegetables and fruits, such as cauliflower, tomato, eggplant, cauliflower, spinach, lettuce, watermelon, onion, pepper, watermelon, and carrot. Other seeds include forage, grass, and flower seeds.
Increased demand for food production and a rise in agricultural challenges has paved the way for the adoption of high-quality, high-performing genetically engineered and hybrid seeds. To meet this demand, vendors have increased investment in R&D to improve the quality of seeds.
Although traditional seeds occupy a large market share, biotech seeds with better traits are gaining wide acceptance among farmers.
The new report emphasizes the growing use of seeds with advanced traits. The rise in the global population has increased the demand for high-quality seeds with better yield in recent years.
Cultivation of seeds with traits like herbicide and disease resistance, abiotic stress tolerance, modified quality pollination control system and insecticide resistance is expected to boost the market growth. A rise in cultivation of hybrid soybean and corn seeds is also fuelling growth as these seeds are highly resistant to pests and herbicides.
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Vendors are increasingly developing seeds with specific traits that enhance yield for market and minimize crop losses.
Seed is the most basic unit for cultivation of crops. It is a fertilized ripened ovule, capable of reproducing and developing into a plant. Seeds include cereals, pulses, vegetables, and fruits. Innovations in technology have improved the quality of seeds and provided a wide variety with desired characteristics and suited to specific conditions and geographies. This development is necessary for ensuring the best-quality crop production and meeting the growing demand for food worldwide. The Global Seeds market is highly dependent on the demand for agricultural products. With a rise in global population, a 60 percent increase in food production is to be attained by 2050 to keep up with the food demand.
The report, Global Seeds Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape of the Global Seeds market and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Other Related Report:
Hybrid Seeds Market in India 2015-2019: Analysts forecast the Hybrid Seeds market in India to grow at a CAGR of 14.1% during the period 2014-2019.
The report covers the present scenario and the growth prospects of the Hybrid Seeds market in India for the period 2015-2019. To calculate the market size, the report considers revenue generated through the sales of hybrid seeds in the market.
Based on products, the market has been divided into the following segments:
- Cotton
- Maize
- Vegetables
- Others
The report recognizes the following companies as the key players in the Hybrid Seeds Market in India: Bayer CropScience AG, Mahyco Seeds Ltd., Monsanto Co., Nuziveedu Seeds Ltd. and Rasi Seeds Pvt. Ltd.
Other Prominent Vendors in the market are: Advanta, Ajeet Seeds, Ankur Seeds, Bioseed, DuPont, Kaveri Seeds, Namdhari Seeds, Rallis India and Syngenta.
Development and adoption of new technologies is one major trend upcoming in this market wherein vendors in the market are upgrading seed technologies to aid farmers to increase the productivity of seeds and earn revenue.
According to the report, growing demand for food with the rise in population, higher incomes, and diversified diet patterns drive the growth of the market. As a result, farmers have increased investment in hybrid seeds to maintain demand-supply balance and facilitate better productivity.
Further, the report states that one key challenge that the market faces is the high production cost of hybrid seeds. These seeds require high water and nutrient inputs, which add on to the total cost of cultivation.
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