Market Research Future (Food and Beverages) Seeds Market Research Report | Page 3

Seeds Market Research Report – Global Forecast till 2023
2 Market Overview
The market is experiencing a rise in its growth of commercially produced enhanced seed verities, due to its benefits
such as improved nutritional quality, high yield, reduced crop damage, and disease resistance.
The market players are focusing on their R&D activities to launch new and innovative verities of seeds. In addition,
the players are also focusing on making such products accessible and visible to the farmers across the globe through
wide distribution network. Moreover, the global vendors are undertaking technological innovations to improve the
seed quality.
Regional Analysis:
Asia-Pacific is expected to account for the largest revenue share in the global seeds market. North America is
expected to grow with the highest CAGR during the forecast period due to the presence of several market players
in the region and surging agricultural exports. The regions dominance can be attributed to the rising preference of
farmers for commercially produced seed verities opposed to utilizing seeds from the last harvest. In addition, surge
in crop production and increasing government initiatives in Europe’s agriculture industry are also driving the region’s
market growth.
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