The Seed market is evolving at a substantial rate due to the growing demand for food and feed and rapid fall of the arable land. High yielding cultivars/seeds along with crop protection products and fertilizers are being used to achieve ideal utilization in this sector.
North America Seed Market was worth $27.67 billion in 2018 and estimated to be growing at a CAGR of 9.80%, to reach $44.15 billion by 2023.
Farmers bank on the seed industry to deliver seeds that bring high yields and help decrease the cost of the production. The global concerns about pollution are driving the increase in the use of biofuels. Biofuels offer several advantages when compared to fossil fuels in terms of decreasing pollution, which is one of the main reasons of governments taking up initiatives to produce biodiesel.
The growth of the North America Seed market is largely due to the rising population, increasing consumption of animal fodder, and growing need for commodities such as vegetable oil. Biofuels is another factor that is driving the market in this part of the world. Rising public concerns over the safety of GM products, decline in the international vegetable and fruit seed trade, and consolidation of the seed market are the major factors restraining the growth of the North American seed industry.
North America Seed Market is segmented based on Crop type and Seed trait. On the basis of Crop type, the global Seed market is segmented into Oilseed, Grain seed, Fruit & Vegetable, and Other seed. Oilseed includes soybean, sunflower, cotton, canola; Grain seed includes corn, wheat, rice, millet crops; Fruit & Vegetable includes tomato, melon, carrot, onion, pepper, lettuce; Other seeds include alfalfa, turf, clover & forage plants, and flower seed. On the basis of Seed trait, the market is segmented into Herbicide Tolerant, Insect Resistant, and Other Stacked Traits. The Grain seed segment leads the seed market, whereas herbicide tolerance continues to be the most common transgenic trait.
North America market has been geographically segmented into segmented into US and Canada. The USA leads the market in this region with a share of almost 80%. The North America market is very modern and is focused on innovating cost-effective techniques. Companies are committed to research, sourcing, and quality, factors that are central to the success of the industry.
The major companies dominating the market in this region are Monsanto, DuPont, Syngenta, AG, Dow AgroSciences LLC, Land O’Lakes Inc., and Bayer Crop Science. Key strategies such as investments in R&D are being employed by major companies to meet the growing Seed demand.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Crop Type
5.1.1 Oilseed
5.1.1.1 Soybean
5.1.1.2 Sunflower
5.1.1.3 Cotton
5.1.1.4 Canola
5.1.2 Grain seed
5.1.2.1 Corn
5.1.2.2 Wheat
5.1.2.3 Rice
5.1.2.4 Millet crops
5.1.3 Fruit & Vegetable
5.1.3.1 Tomato
5.1.3.2 Melon
5.1.3.3 Carrot
5.1.3.4 Onion
5.1.3.5 Pepper
5.1.3.6 Lettuce
5.1.4 Other seeds
5.1.4.1 Alfalfa
5.1.4.2 Turf
5.1.4.3 Clover & forage plants
5.1.4.4 Flower seed
5.2 By Seed Trait
5.2.1 Herbicide Tolerant
5.2.2 Insect Resistant
5.2.3 Other Stacked Traits
6. Geographical Analysis
6.1 Introduction
6.2 United States
6.3 Canada
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Monsanto
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 DuPont
8.3 Syngenta
8.4 AG
8.5 Dow AgroSciences LLC
8.6 Land O’Lakes Inc.
8.7 Bayer Crop Science
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Expert Opinions
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
