Market Research Future (Food and Beverages) Oilseed & Grain Seed Market Global Research Report | Page 3

Oilseed & Grain Seed Market Research Report - Forecast to 2021
2 Market Overview
Global Oilseed & Grain Seed Market has witnessed an impressive growth over the last few years. Continuously
evolving technology and advancement have spurred the most important change in the farming practices. Uprising
technology and advancements in the agricultural chemistry and seed industry have enabled the farmers to engage
in effective productivity management. The increasing awareness about seed has not only resulted in the increased
use of commercial seed, but also increase in awareness regarding the potential crop savings in the developing
nations. Global oilseed and grain seed industry is experiencing an increase in the new biotech traits and new product
registrations, which proves to be one of the driving elements.
Agriculture industry is associated with grave investments such as livestock, poultry, feed, farm services, rent,
agricultural chemicals, fertilizer, lime &soil conditioners, interest, taxes, labor, fuel, and many more related expenses.
After bearing such expenditure, high productivity is targeted by agricultural firms. In U.S., expenditure for farm
production is gradually increasing year-on-year. Grower seed expenditures per hectare have increased and are likely
to continue to increase, resulting in significant growth in global seed sales. Global proprietary maize, rice, and
soybean seed markets have experienced the most growth over the past five years and are likely to continue.
Segments
The market for Oilseed & grain seed market is segmented on basis of by type and by seed type; oilseed and
grain seed market is segmented by type as oilseed & grain seed, oilseed and grain in addition oilseed & grain
seed is further sub-segmented as soybean, sunflower, canola, cotton; Corn, Wheat, Rice and Millet
(sorghum) respectively, Oilseed & grain seed market is segmented by seed type as Seed with trait and other
seed furthermore seed with trait industries is sub-segmented as Herbicide resistance and Insecticide
resistance.
Page | 3
Copyright © 2017 Market Research Future.