DUBLIN, June 17, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Seeds Market 2016-2020" report to their offering.
The global seeds market to grow at a CAGR of 11.26% during the period 2016-2020.
Global Seeds Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
A trend that is boosting market growth is the innovations in seed technology. Manufacturers worldwide are focusing on developing innovative seed technologies to meet the growing demand for food production worldwide. These technologies are developed to improve production yields and nutrition profiles, lower the costs of production, and offer value-added traits. Innovative seed technologies are tested to be in tandem with ongoing global trends. For example, private seed companies in East Africa recently came up with a new herbicide-coated maize seed variety, which helps the seed gain resistance to Striga, which is a parasitic weed responsible for infesting up to 50 million hectares of Sub-Saharan African land.
According to the report, a key growth driver is the increased adoption of genetically engineered seeds. Increasing demand for food production and the growing agricultural challenges are paving the way for the adoption of high-quality, high-performing GE and hybrid seeds. Vendors have increased investment in R&D to improve the quality of seeds. Although the traditional seeds segment occupies a large market share, biotech seeds are gaining wide acceptance among farmers in recent times. In the last two years, the market has registered an evolution of seed strains that can increase productivity and provide better yield, have better resistance to insects and diseases, and come with a higher shelf life.
Further, the report states that one challenge that could hinder market growth is the risk of GM seeds contaminating conventional or organic seeds. For example, the US National Organic Program does not allow crops that use seeds, which are developed using recombinant DNA techniques to be labeled as organic. The National Organic Standards Board has also brought seed purity as a concern into the forefront and has been working on mitigating the same.
- Bayer CropScience
- The Dow Chemical Company
Other prominent vendors
- Gansu Dunhuang Seed
- Hefei Fengle Seed
- KWS SAAT
- Nuziveedu Seeds
- Sakata Seed
- Takii Seed
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Seeds overview
Part 06: GM seeds
Part 07: Market landscape
Part 08: Market segmentation by product
Part 09: Geographical segmentation
Part 10: Key leading countries
Part 11: Market drivers
Part 12: Impact of drivers
Part 13: Market challenges
Part 14: Impact of drivers and challenges
Part 15: Market trends
Part 16: Vendor landscape
Part 17: Appendix
For more information visit http://www.researchandmarkets.com/research/tkfkm8/global_seeds
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SOURCE Research and Markets