Seeds Market Size , Share , Trends , Analysis and Forecasts To 2022
The Global Seeds Market accounted for $ 26.2 billion in 2015 and is poised to reach $ 55.3 billion by 2022 growing at a CAGR of 11.2 % from 2015 to 2022 . Growing population which in turn increases the demand for food , widespread use of biotechnology in seed development and technology driven agricultural farming are some of the factors fueling the market growth . The key features such as growing demand of vegetables , oils , and grains , growing farm expenditures , diminishing per capita farmland , growing crop area for cultivation of seeds with traits and lofty returns of investment are the driving factors for the market growth . However , high barriers to market entry and increased commodity prices are limiting the market growth .
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By product , grains / cereals seeds segment accounted for the largest market share during the forecast period . Moreover , grains / cereals seeds conquered for seed with trait market . North America accounted for the highest market share in terms of revenue during the forecast period . On the other hand , Asia Pacific is the fastest growing market during the forecast period .
Some of the key players in this market include DOW Agrosciences Llc , Bayer Cropscience AG , Syngenta Ag , Krishidhan Seeds , Burrus Seed Farm , Limagrain , Rallis India Limited , Nuziveedu Seeds Ltd , Stine Seed Company , Monsanto , Takii & Co . Ltd , KWS Saat Ag , Hefei Fengle Seed Co . Ltd , Gansu Dunhuang Seed Co . Ltd and Mahyco Seeds Company Limited .
Product Covered : Oilseeds o Maize / Corn o Wheat o Rice o Sorghum
Grain / Cereals Seeds o Rapeseed / Canola o Soybean o Cotton o Sunflower Fruit and Vegetable Seeds Other Seeds
Biotechnology Traits :