DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/hgcqbn/seed_market_by) has announced the addition of the "Seed Market by Type, Seed Trait & Region - Global Trends & Forecast to 2020" report to their offering.
The market was dominated by North America, which has accounted for around 32.60% of the total share, in 2014. The Asia-Pacific region is projected to be the fastest growing market owing to high population which demands for the increased food products and technology driven farming activities by farmers to achieve higher productivity and profits.
India is projected to be the fastest growing market for seed, followed by China due to government initiatives in promoting technology driven agriculture practices. The cereals & grains segment is projected to be the biggest market for seed, globally, from 2015 to 2020. Study findings reveal that, the acreage under the cereals and grains have declined significantly in the last few decades due to diversification crops area towards the high profit crops such as soybean and cotton. The oilseeds segment is projected to grow significantly, at a CAGR of 9.5% from 2015 to 2020.
The global market is marked with intense competition due to the presence of a large number of both, big and small firms. Top ten companies accounted for the major share in global seed market revenue in 2014. New product launches, mergers & acquisitions, and partnerships and expansions are the key strategies adopted by market players to ensure their growth in the market.
- Allis India Limited
- Bayer CropScience AG (Germany)
- DOW Agrosciences LLC
- E. I. Du Pont De Nemours and Company (U.S.)
- KWS SAAT SE (Germany)
- Land O'lakes, Inc.
- Monsanto (U.S.)
- Sakata Seed Corporation
- Syngenta AG (Switzerland)
For more information visit http://www.researchandmarkets.com/research/hgcqbn/seed_market_by
About Research and Markets
Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.