Market Research Reports - Ken Research Monsanto Seed Production Brazil | Page 3

entered the Brazilian market in 2015 with products mainly for the soybean. Advanta has accounted for a share of ~% in revenue of the overall seed market in Brazil during 2017. Other major players in the Brazil seed market are KWS, Bejo and Tecnoseeds. Future Potential of Brazil Seed Market The revenue from the Brazil seed industry is projected to register a substantial growth over the period 2017-2022. It is projected to grow by CAGR of ~% over the period 2017-2022 and is expected to reach USD ~ million in 2022 as compared to USD ~ million in 2017. The key driver for the Brazilian seed market will be the demand for soybean and corn seeds. The demand of soybean from the Chinese market is likely to grow in the future. This will indirectly instill growth in the Brazilian seed market. The demand for genetically modified corn and soybean is also likely to grow despite some hurdles faced from the non-GM seed supporter associations and groups. In the current situation Brazil suffers from the lack of proper road infrastructure, this has affected the overall agricultural industry in the country. However, efforts are being made by the government to improve the infrastructural condition of the country. This improvement will also boost the growth of the seed industry in the country. R&D on genetically modified seeds for corn and soybean will lead to overall development of the market. The legal framework and different policies implemented by the government will ensure robust and sustainable growth of the market. Key Topics Covered in the Report: Brazil Seed Market Research Report Brazil Seed Market Production Output Open Pollinated Seed Market in Brazil Hybrid Seed Market In Brazil Genetically Modified Seeds Market in Brazil Competition in Brazil Seed Industry Major Crop Production Brazil Seed Market Market Share of Major Players in Brazil Seed Rice Seeds Market in Brazil Vegetable Seeds Market in Brazil Import and Export of Seed in Brazil