Global Commercial Seeds Market Overview:
The commercial seeds market is expected to grow in the future due to the increasing population and increasing demand for food grains. The growing demand for seeds from the food, beverage, animal feed, and biofuels industry is driving the growth of the market. New advancements in molecular biology have facilitated cheaper and faster mapping of genetic codes of plants. Farmers can increase their production through Genetically Modified (GM) seeds. As a result, there is a significant demand for biotechnology seeds owing to their great efficiency in agricultural production. This is expected to present a lucrative opportunity owing to the ability of commercial seeds to improve crop yield compared to farm seeds.
- Increasing Population and Increasing Demand for Food Grains
- Rising Demand from the Livestock Sector for Animal Feeds
- Increase in Demand from the Biofuel Sector
- Increase in Adoption of Genetically Modified Seeds
- New Advancements in Molecular Biology
- Straight Regulatory and Safety Concerns over Genetically Modified Crops
- Impact of Climate Change on Crop Production
- High Demand in Developing Regions
- Public-private Partnerships in Varietal Development
- Genetically Modified Crops Affect Human Health due to Their Altered Genes
- Commercialization of Fake Seeds and Counterfeit of Products
Some of the key players profiled in the report are Dow AgroSciences LLC (United States), Hyland Seeds (Canada), Monsanto Company (United States), Pfister Seeds (United States), Pioneer Hi-Bred International, Inc. (United States), Syngenta Group (Switzerland), Land O'Lakes, Inc. (United States), Vilmorin (France), KWS SAAT SE (Germany) and Bayer CropScience (Germany). Analyst at AdvanceMarketAnalytics see United States Vendors to retain maximum share of Global Commercial Seeds market by 2025. Considering Market by Ownership, the sub-segment i.e. Proprietary Seeds will boost the Commercial Seeds market.
In June 2019, KWS SAAT SE announced that the company has signed a binding agreement to acquire Pop Vriend Seeds. Pop Vriend Seeds is a market leader in spinach seeds and offers a promising portfolio of other vegetable seeds.
In Feb 2020, Bayer announced pipeline project advancements and newly unveiled research in dedicated research and development (R&D) pipeline update for the Crop Science Division.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Commercial Seeds market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Commercial Seeds market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Agrofood Provider, Distributors/Traders/Wholesalers, Industry Association, Potential Investors, Research and Development Firm and Downstream Vendors.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.