Hybrid Seeds Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report, Hybrid Seeds Market was worth USD 40.07 billion in 2018 and is expected to reach USD 62.22 billion by 2023 with a CAGR of 9.2 %. The Market is segmented by Crop Type (Cereals & Grains, Fruits & Vegetables, and Oilseeds), by Duration (Short-Term, Medium-Term, and Long-Term), by Seed Treatment (Treated and Untreated), by Farm Type (Indoor farms, Outdoor farms), and by Region-Global Industry Analysis, Share, Size, Growth, Trends, and Forecasts (2016-2021). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.
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 Hybrid Seeds market.
Fruits and Vegetables segment is expected to witness significant growth during forecast period owing to its growing demand. Treated Hybrid Seeds Market dominates the global market owing to the growing demand for quality agricultural produce and increasing agricultural activities.
Asia-Pacific is expected to be the fastest growing region owing to the continuous rise in population, and support from Government. India, China and Japan are largest country level markets in this region.
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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