Global Commercial Seed Market to Rise at 9.90% CAGR from 2012 to 2018


Posted September 13, 2016 by amyjames

Commercial (Conventional and Biotech/GM) Seeds Market for Soybean, Corn, Cotton and Others - Global Industry Analysis,Trends and Forecast, 2012 - 2018
 
The global commercial seeds market is fairly consolidated with the top four companies accounting for 55% of the market in 2011. Key players in the market are agricultural biotechnical corporations who have extensive research expertise, Transparency Market Research (TMR) states in its new report. These include: Monsanto, DuPont Pioneer, Syngenta, Vilmorin, and Bayer AgroScience. Exclusive agreements between seed companies and farmers are resulting in an intense competitive scenario within the global commercial seeds market. The threat of substitutes is likely to remain low as there exists merely the threat of internal substitution of conventional seeds by bioseeds. The threat of new entrants is expected to rise from low to medium over the coming years.

Interpret a Competitive outlook Analysis Report with free PDF Brochure:http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1317

According to the report, the global commercial seeds market is expected to rise from US$43.81 bn in 2015 to US$53.32 bn by 2018. On the basis of geography, North America, closely followed by Asia Pacific is expected to lead in the global commercial seeds market. North America is also expected to remain the dominant segment, accounting for 31% of the global genetically modified (GM) seeds market. By product, the maize segment is expected to remain the lead and account for 45.5% of the commercial seeds market by 2018. The soybean product segment is anticipated to lead, representing 41.3% of the global genetically modified seeds (bio-seeds) market.

Increasing Population Driving Demand for Commercial Seeds

The growing population is fueling the need for higher agricultural production, which in turn is driving the demand for commercial seeds. The growing industrialization across emerging nations has led to a decline in the available arable land. Since commercial seeds will continue to remain an important enabler of food security, their demand is expected to remain steady. Another factor boosting the market is the rise in the use of bio-fuels. The use of corn for fuels was over 59% in 2011 and this is expected to increase in the coming years, thus driving the global commercial seeds market. The rising demand for maize and soybean as fodder feed is yet another factor encouraging the growth of the market.

Patent and Monopoly Issues to Challenge Growth of Commercial Seeds Market

The protection provided by patent laws for genetically modified seeds is projected to provide manufacturers of these seeds with an advantage in the market, but acts as an entry barrier for several other new manufacturers. “Small companies that do not have patented seeds are entering into agreements with larger companies to develop seeds with a particular trait,” states a TMR analyst. Thus, companies supplying patented seeds exercise rights over small players and create a monopolistic situation in the market.

Another factor that is acting as a challenge is the safety hazards associated with GM crops. Many of the GM seeds thus, lack commercial viability as there are high risks involved with the consumption of the modified DNA that is inserted in the seed. As such, there are several government regulations that restrict the consumption of crops that are GM on a large scale.

Browse Full Report with ToC:http://www.transparencymarketresearch.com/commercial-seeds-market.html

Rising Standards of Farming to Fuel Demand for Commercial Seeds

With traditional farming methods being increasingly being replaced with modern and scientific approach to farming. Farmers across the globe are striving to find the best, optimum solution, which will help them achieve substantial production of crops. This is expected to lead to a growing use of technology and will provide an immense scope of opportunity for GM seeds in particular. Additionally, the use of genetic engineering to modify seeds to carry extra nutrients and make them resistant to pest attacks will drive the demand for GM seeds, thus creating an opportunity for growth in the market.

This information is based on the findings of a report published by Transparency Market Research titled “Commercial Seeds Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2012 - 2018.”

The global commercial seeds market is segmented as follows:

By Products (Commercial Seeds)
Maize (Corn)
Soybean
Vegetables
Cereals
Cotton
Rice
Canola
Others (Sunflower, Sugarbeet)

By Products (GM Seeds)
Maize (Corn)
Soybean
Cotton
Canola

By Region
North America
Latin America
Asia Pacific
Rest of World (RoW)
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Transparency Market Research
Website Commercial (Conventional and Biotech/GM) Seeds Market for Soybean, Corn, Cotton and Others - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018
Phone +1-518-618-1030
Business Address 90 State Street, Suite 700 Albany, NY 12207
Country United States
Categories Business , Food
Tags commercial seeds market , global commercial seeds market
Last Updated September 13, 2016