Market Share's Biotech Seeds Market Analysis and Forecast to 2025 | страница 2

economies such as India & China for improving overall agriculture yield to sustain ever-growing population is projected
to stimulate market growth over the next seven years.
Furthermore, increased number of patents granted by India & China in biotech technology is immensely contributing
to market growth in the region over the past few years. Growing importance towards improvements in quality of seeds
for incorporating various production methods and crop protection strategies is estimated to drive market expansion
over the next seven years. Biotech seeds not only serves as delivery mechanism for plants but also enhances plant
genetics.
Other advantages of biotech seeds include protection against diseases & fungicide, and longer lifecycle of seeds. These
actors are significantly contributing to high-end market demand in the recent years. Biotech seed are also used to
enhance germination rate and offer uniformity, thus overcoming seed dormancy. Biotech seeds are hydrated in a
specified manner, thereby providing enough water to initiate the metabolic processes of germination.
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The market is broadly categorized into four major segments based on the product type such as soybean seeds, corn
seeds, cottonseeds, and canola seeds. The soybean seeds is considered as one of the rapid growing segment in the
biotech seeds market with substantial revenue generation in the last few years. Growing popularity of the soybean
seeds segment is attributed to the increasing demand from Asia Pacific region and higher market penetration. The
corn seeds segment has also witnessed substantial growth owing to the rise in the demands for biofuels.
The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has
shown major growth in recent years owing to the rise in the implementation of latest technologies, favorable laws &
regulation associated with the use of biotech seeds, higher approval rate, rise in the level of awareness among farmers,
increase in the number of research & development activities in the region and existence of well-established
infrastructure.
Asia-Pacific region is predicted to hold major market share in the biotech seeds market with massive growth in forecast
period. Countries such as India, China and Singapore are leading the Asia-Pacific market with increasing agricultural
activities to sustain ever-growing population, rising disposable income, growing number of patent regarding
incorporation of biotech seeds, and significant investment by leading industry players considering potential growth
opportunities in the region. The key players in the biotech seeds market are Bayer AG, The Dow Chemical Co., KWS
SAAT SE, Limagrain Group, Inc., The Monsanto Co., and Syngenta AG.
Market Segment:
This report focuses on the top manufacturer's Biotech Seeds capacity, production, value, price and market share of
Biotech Seeds in global market. The following manufacturers are covered in this report: