The North American hybrid seeds market size is expected to reach USD 15.16 billion in 2024 and reach USD 23.65 billion by 2029, growing at a CAGR of 9.3% from 2024 to 2029.
Hybrid seeds are generally produced by cross-pollination between different varieties of the same plant. Hybrid seeds are extensively used in commercial farming to improve crop yield. All hybrid seeds of a particular type planted by the farmer will exhibit similar characteristics, while hybrid seeds of the next generation don’t necessarily exhibit similar characteristics.
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, a 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 North America hybrid seeds market.
The fruits and vegetables segment is expected to witness significant growth during the forecast period owing to its growing demand.
Treated Hybrid Seeds market dominates the North America market owing to the growing demand for quality agricultural produce and increasing agricultural activities.
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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