The Europe hybrid seeds market size is expected to reach USD 14.16 billion in 2024 and reach USD 22.18 billion by 2029, growing at a CAGR of 9.4% from 2024 to 2029.
Hybrid seed is produced from cross pollination between two or more unrelated inbred plants. Hybrid seeds are extensively used in commercial farming to improve crop yield. The most common advantages of hybrid seeds market are improved disease resistance, more uniform plant growth, and increased crop yield.
New product offerings, High quality seeds, and modernization of agriculture are some of the major factors driving the market. Some other factors like increasing Population, decreasing Agricultural lands, changing weather patterns, variety of diets, and technology driven agriculture in developing countries are driving the market. However, factors like high cost of hybrid seeds are slowing down the growth of Europe hybrid seeds market.
Major players in the market are E. I. du Pont de Nemours and Company, Syngenta AG, Monsan, Dow AgroSciences LLC, and KWS. Other players include Advanta Limited, Land OLakes, Inc., Takii & Co. Ltd., and Mahyco, and Biostadt India Ltd.
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