“Global Seeds Market: Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2023-2028” provides a deep and thorough evaluation of the global seeds market. Seeds refer to the ripened, fertilized embryonic ovules of plants that remain enclosed within a protective outer covering. These embryonic plants are capable of germination and, therefore, function as the reproduction unit of the parent plant. Seeds are instrumental in different plant functionalities, including embryo nourishment, novel location dispersal, and dormancy during unfavorable conditions. Natural seeds mainly find applications in organic farming and small-scale home farming, whereas hybrid seeds are extensively used in the agricultural sector due to the growing preference for enhanced yield and crop uniformity. As a result, seeds find extensive applications in the production of food, animal feed, and biofuels.
The market is primarily driven by the increasing demand for food grains across the globe. In line with this, the rising adoption of high-yield variety (HYV) and hybrid seeds to enhance the yield of small-scale farmlands are also providing an impetus to the market growth. Moreover, the escalating demand for organic food products among the masses has led to an increased preference for organic farming, which, in turn, is augmenting the demand for premium seeds. The market is further driven by the widespread adoption of biotech crops, the growing preference for hybrid seeds and a considerable shift in focus from conventional products to packaged seeds. Some of the other factors contributing to the market include the rising trend farm mechanization trends, an enhanced focus on sustainable farming practices, considerable advancements in seed technologies and extensive research and development (R&D) activities conducted by major market players.
Beginning with a global overview, the report explores the dynamics that have a strong influence on the seeds market and can also impact its future growth. Taking 2022 as the base year, the report covers historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints, and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. On a regional basis, the report examines the seeds market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. For each of these regions, the report studies the seeds market in detail for latest trends, outlook and opportunities.
The report analyses the competitive structure of the seeds industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the seeds industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the seeds industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the seeds industry. Furthermore, the value chain analysis of the seeds industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales, and distribution.
Key Segments and Highlights of the Global Seeds Market
The report is a result of exhaustive primary and secondary research undertaken by analysts having years of experience in the seeds industry. All the qualitative and quantitative aspects of the industry have been covered and the collected data has been analysed and presented in the form of easily comprehensible charts, graphs, and tables.
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