DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Seed Market - Global Forecast to 2022" report to their offering.
The Seeds Market is projected to reach USD 113.28 billion by 2022 at a CAGR of 9.9% from 2017. The market is driven by factors such as necessity to increase food production, increasing acceptance and area under cultivation of GM crops, improvement in Seed Replacement Rate (SRR), and change in science and technology advancements.
Diminishing increase in growth of biofuel production and expected maturity in population growth rates and resultant impact on food demand are the restraining factors for seeds product manufacturers and service providers.
The GM seeds segment is projected to grow with the highest CAGR from 2017 to 2022. The demand for GM seeds is increasing due to their resistance to insects, pests, and diseases, and high yielding property. These seeds are environment-friendly, as they do not involve other chemicals.
Due to its high yielding capability, these seeds are grown substantially in less arable lands. Some of the European countries, such as Germany, France, Scotland, Italy, Austria, Greece, Poland, and Belgium, have banned the use of GM crops.
Some of the main reasons for this extraordinary growth are continuous increase in the population and the support from governments as well as national and international associations to increase the agricultural production of oil, grains, fruits, and vegetables to meet the need for food products in the region.
Companies Mentioned:
- Bayer Cropscience AA
- E.I. Du Pont De Nemours and Company
- Groupe Limagrain
- KWS Saat SE
- Land O'lakes, Inc.
- Monsanto Company
- Rallis Limited India
- Sakata Seed Corporation
- Syngenta AA
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The Dow Chemical Company
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Seed Market, by Crop Type
7 Seed Market, by Type
8 Seed Market, by Traits
9 Seed Market, by Seed Treatment
10 Seed Market, by Region
11 Competitive Landscape
12 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/xn8l34/seed_market_by
