1 INTRODUCTION 39
1.1 STUDY OBJECTIVES 39
1.2 MARKET DEFINITION 39
1.3 STUDY SCOPE 40
FIGURE 1 SEEDS: MARKET SEGMENTATION 40
1.3.1 INCLUSIONS AND EXCLUSIONS 40
1.4 REGIONS COVERED 41
1.4.1 YEARS CONSIDERED 42
1.5 UNITS CONSIDERED 42
1.5.1 CURRENCY (VALUE UNIT) 42
TABLE 1 USD EXCHANGE RATES CONSIDERED, 2018–2022 43
1.5.2 AREA UNIT 43
1.6 STAKEHOLDERS 43
1.7 SUMMARY OF CHANGES 44
1.8 IMPACT OF RECESSION 44
2 RESEARCH METHODOLOGY 45
2.1 RESEARCH DATA 45
FIGURE 2 SEEDS MARKET: RESEARCH DESIGN 45
2.1.1 SECONDARY DATA 46
2.1.1.1 Key data from secondary sources 46
2.1.2 PRIMARY DATA 47
2.1.2.1 Key insights from industry experts 47
2.1.2.2 Breakdown of primary interviews 48
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY VALUE CHAIN, DESIGNATION, AND REGION 48
2.2 MARKET SIZE ESTIMATION 49
2.2.1 SEEDS MARKET SIZE ESTIMATION – SUPPLY-SIDE 49
2.2.2 SEEDS MARKET SIZE ESTIMATION – DEMAND-SIDE 50
2.2.3 BOTTOM-UP APPROACH 50
FIGURE 4 SEEDS MARKET: BOTTOM-UP APPROACH 50
2.2.4 TOP-DOWN APPROACH 51
FIGURE 5 SEEDS MARKET: TOP-DOWN APPROACH 51
2.3 GROWTH RATE FORECAST 52
2.4 MARKET BREAKUP AND DATA TRIANGULATION 53
FIGURE 6 DATA TRIANGULATION 53
2.5 ASSUMPTIONS 54
FIGURE 7 ASSUMPTIONS 54
2.6 LIMITATIONS & ASSOCIATED RISKS 54
2.7 RECESSION IMPACT ANALYSIS 55
3 EXECUTIVE SUMMARY 56
TABLE 2 SEEDS MARKET SNAPSHOT, 2023 VS. 2028 56
FIGURE 8 SEEDS MARKET, BY TYPE, 2023 VS. 2028 (USD MILLION) 57
FIGURE 9 SEEDS MARKET, BY TRAIT, 2023 VS. 2028 (USD MILLION) 58
FIGURE 10 SEEDS MARKET, BY CROP TYPE, 2023 VS. 2028 (USD MILLION) 58
FIGURE 11 SEEDS MARKET SHARE (VALUE), BY REGION, 2022 59
4 PREMIUM INSIGHTS 60
4.1 ATTRACTIVE OPPORTUNITIES FOR COMPANIES IN SEEDS MARKET 60
FIGURE 12 DEMAND FOR HIGH-QUALITY SEEDS WITH IMPROVED DISEASE RESISTANCE TO DRIVE GROWTH 60
4.2 ASIA PACIFIC: SEEDS MARKET, BY TYPE AND COUNTRY (2022) 60
FIGURE 13 CONVENTIONAL SEGMENT AND CHINA TO ACCOUNT FOR LARGER MARKET SHARES IN ASIA PACIFIC 60
4.3 SEEDS MARKET, BY CROP TYPE 61
FIGURE 14 CEREALS & GRAINS SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 61
4.4 SEEDS MARKET, BY TYPE 61
FIGURE 15 GENETICALLY MODIFIED SEGMENT TO HOLD LARGER MARKET SIZE DURING FORECAST PERIOD 61
4.5 SEEDS MARKET, BY TRAIT 62
FIGURE 16 OTHER TRAITS SEGMENT TO HOLD LARGER MARKET SIZE DURING FORECAST PERIOD 62
5 MARKET OVERVIEW 63
5.1 INTRODUCTION 63
5.2 MACROECONOMIC INDICATORS 63
5.2.1 INTRODUCTION 63
5.2.1.1 Growing use of commercial seeds 63
FIGURE 17 MAJOR SEED EXPORTING COUNTRIES IN ASIA PACIFIC, 2022 64
FIGURE 18 MAJOR SEED IMPORTING COUNTRIES IN ASIA PACIFIC, 2022 65
FIGURE 19 TOP TEN SEED-PRODUCING COUNTRIES IN EUROPE, 2019–2022 (‘000 HA) 65
5.2.1.2 Increasing pesticide usage globally 66
FIGURE 20 GLOBAL PESTICIDE TRADE IN KEY REGIONS, 2018–2020 (USD MILLION) 66
5.2.1.3 Rising demand for high-value and industrial crops 67
FIGURE 21 AREA HARVESTED UNDER HIGH-VALUE CROPS, 2017–2021 (MILLION HA) 67
5.3 MARKET DYNAMICS 68
FIGURE 22 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: SEEDS MARKET 68
5.3.1 DRIVERS 68
5.3.1.1 Rising seed replacement rate 68
5.3.1.2 Increasing adoption of biotech crops 69
TABLE 3 AREA FOR BIOTECH CROPS, BY COUNTRY, 2018 (MILLION HA) 69
FIGURE 23 TOP FIVE COUNTRIES WITH AREA HARVESTED UNDER BIOTECH CROPS, 2018 (MILLION HA) 70
5.3.1.3 Growing use of oilseeds by animal feed manufacturers 71
FIGURE 24 EUROPEAN ANIMAL FEED SECTOR: USE OF PROTEIN MATERIAL, BY SOURCE, 2019-2020 71
TABLE 4 PROTEIN SOURCES USED IN ANIMAL FEED 71
5.3.1.4 Increasing demand for rapeseed oil in biofuel industry 72
TABLE 5 OILSEEDS USED IN BIODIESEL PRODUCTION 72
FIGURE 25 CORN USAGE IN BIOFUEL PRODUCTION, 2015–2019 (MILLION BU) 73
FIGURE 26 MONTHLY BIODIESEL PRODUCTION IN US, 2019 VS. 2020 (MILLION GALLONS) 73
5.3.1.5 High demand for protein meal 73
FIGURE 27 GLOBAL PRODUCTION AND CONSUMPTION OF PROTEIN MEALS, 2022–2031 (MILLION TONS) 74
5.3.2 RESTRAINTS 74
5.3.2.1 Impact of climate change on agricultural crop production 74
TABLE 6 COUNTRY-WISE SCENARIO OF WEATHER CONDITIONS AND DISEASES IN SEEDS 75
5.3.2.2 Price fluctuations in oilseeds 75
FIGURE 28 OILSEED PRICES IN US, 2021 (USD/TON) 75
5.3.2.3 High R&D expenses 75
FIGURE 29 RESEARCH AND DEVELOPMENT EXPENDITURE OF KEY MANUFACTURERS, 2022 (USD MILLION) 76
5.3.2.4 Low yield of crops in under-irrigated areas 76
5.3.3 OPPORTUNITIES 77
5.3.3.1 Demand for healthy and organic products 77
FIGURE 30 NUMBER OF ORGANIC FOOD PRODUCERS IN TOP FIVE COUNTRIES, 2021 77
FIGURE 31 DISTRIBUTION OF ORGANIC AGRICULTURAL AREAS, BY REGION, 2021 77
5.3.3.2 Public–private partnerships in varietal development 78
5.3.3.3 Use of molecular breeding technology to improve seed properties 78
5.3.4 CHALLENGES 79
5.3.4.1 Unorganized new entrants with low profit-to-cost ratio 79
5.3.4.2 Lack of availability and access to high-quality seeds 79
5.3.4.3 Commercialization of fake hybrid seeds and counterfeit products 79
6 INDUSTRY TRENDS 81
6.1 INTRODUCTION 81
6.2 VALUE CHAIN ANALYSIS 81
6.2.1 RESEARCH AND PRODUCT DEVELOPMENT 81
6.2.2 PRODUCTION 81
6.2.3 TESTING AND PACKAGING 82
6.2.4 DISTRIBUTION 82
6.2.5 RETAILERS 82
FIGURE 32 SEEDS MARKET: VALUE CHAIN ANALYSIS 82
6.3 SUPPLY CHAIN ANALYSIS 83
6.3.1 PROMINENT COMPANIES 83
6.3.2 SMALL AND MEDIUM-SIZED ENTERPRISES 83
6.3.3 END USERS 83
FIGURE 33 SEEDS MARKET: SUPPLY CHAIN ANALYSIS 83
6.4 TECHNOLOGY ANALYSIS 84
6.4.1 NEW PLANT BREEDING TECHNOLOGIES 84
6.4.2 APICAL ROOTED CUTTING SEED TECHNOLOGY 84
6.5 PRICING ANALYSIS 84
6.5.1 AVERAGE SELLING PRICE, BY KEY CROP 84
FIGURE 34 SEEDS MARKET: GLOBAL AVERAGE SELLING PRICE, BY KEY CROP 85
TABLE 7 SEEDS MARKET: AVERAGE SELLING PRICE (ASP), BY KEY CROP, 2020–2022 (USD/TON) 85
TABLE 8 SEEDS MARKET: AVERAGE SELLING PRICE FOR KEY MARKET PLAYERS, BY KEY CROP, 2022 (USD/TON) 85
6.6 MARKET MAPPING AND ECOSYSTEM 86
6.6.1 SUPPLY-SIDE ANALYSIS 86
6.6.2 DEMAND-SIDE ANALYSIS 86
6.6.3 REGULATORY BODIES 86
6.6.4 DISTRIBUTORS & SUPPLIERS 86
FIGURE 35 SEEDS MARKET: MARKET MAPPING 87
TABLE 9 SEEDS MARKET: ECOSYSTEM 87
6.7 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 88
FIGURE 36 SEEDS MARKET: TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 88
6.8 TRADE ANALYSIS 89
TABLE 10 SEEDS MARKET: EXPORT VALUE OF SEEDS, FRUITS, AND SPORES, BY KEY COUNTRY/REGION, 2022 89
TABLE 11 SEEDS MARKET: IMPORT VALUE OF SEEDS, FRUITS, AND SPORES, BY KEY COUNTRY/REGION, 2022 89
TABLE 12 SEEDS MARKET: EXPORT VALUE OF SEEDS, FRUITS, AND SPORES, BY KEY COUNTRY/REGION, 2021 90
TABLE 13 SEEDS MARKET: IMPORT VALUE OF SEEDS, FRUITS, AND SPORES, BY KEY COUNTRY/REGION, 2021 90
6.9 PATENT ANALYSIS 91
FIGURE 37 PATENTS GRANTED FOR SEEDS MARKET, 2013–2022 91
FIGURE 38 REGIONAL ANALYSIS OF PATENTS GRANTED FOR SEEDS MARKET, 2013–2022 91
TABLE 14 KEY PATENTS PERTAINING TO SEEDS MARKET, 2013–2022 92
6.10 PORTER’S FIVE FORCES ANALYSIS 93
TABLE 15 SEEDS MARKET: PORTER’S FIVE FORCES ANALYSIS 93
6.10.1 INTENSITY OF COMPETITIVE RIVALRY 93
6.10.2 BARGAINING POWER OF SUPPLIERS 93
6.10.3 BARGAINING POWER OF BUYERS 94
6.10.4 THREAT OF SUBSTITUTES 94
6.10.5 THREAT OF NEW ENTRANTS 94
6.11 CASE STUDY ANALYSIS 95
TABLE 16 USE CASE 1: CORTEVA’S A-SERIES SOYBEAN VARIETIES WITH LIBERTYLINK GENE OFFERED FARMERS EXCEPTIONAL YIELD WITH GLYPHOSATE AND DICAMBA HERBICIDES TOLERANCE 95
TABLE 17 USE CASE 2: NEW PRODUCTION FACILITY OF KWS SAAT SE & CO. KGAA INCREASED PRODUCTION CAPACITY OF SUGAR BEET SEEDS BY 30% 95
6.12 KEY CONFERENCES & EVENTS, 2023–2024 96
TABLE 18 KEY CONFERENCES & EVENTS IN SEEDS MARKET, 2023–2024 96
6.13 TARIFFS AND REGULATORY LANDSCAPE 96
TABLE 19 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 96
TABLE 20 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 97
TABLE 21 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 97
TABLE 22 SOUTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 98
6.14 REGULATORY FRAMEWORK 98
6.14.1 NORTH AMERICA 98
6.14.1.1 US 98
6.14.1.2 Canada 100
6.14.2 EUROPE 100
6.14.3 ASIA PACIFIC 102
6.14.3.1 India 102
6.14.3.2 China 103
6.14.4 SOUTH AMERICA 104
6.14.4.1 Brazil 104
6.14.4.2 South Africa 105
6.15 KEY STAKEHOLDERS AND BUYING CRITERIA 105
6.15.1 KEY STAKEHOLDERS IN BUYING PROCESS 106
FIGURE 39 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS 106
TABLE 23 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TYPE 106
6.15.2 BUYING CRITERIA 106
TABLE 24 KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS FOR KEY TRAITS 106
FIGURE 40 KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS FOR KEY TRAITS 107
7 SEEDS MARKET, BY TYPE 108
7.1 INTRODUCTION 109
FIGURE 41 GENETICALLY MODIFIED SEEDS SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 109
TABLE 25 SEEDS MARKET, BY TYPE, 2018–2022 (USD MILLION) 110
TABLE 26 SEEDS MARKET, BY TYPE, 2023–2028 (USD MILLION) 110
TABLE 27 COMPARATIVE ANALYSIS OF CONVENTIONAL AND GENETICALLY MODIFIED CROPS 110
7.2 CONVENTIONAL SEEDS 111
7.2.1 DEMAND FOR ORGANICALLY PRODUCED SEEDS WITH DIVERSE FLAVORS, COLORS, AND TEXTURES TO DRIVE MARKET 111
TABLE 28 ENVIRONMENTAL IMPACT OF CONVENTIONAL SOYBEAN 111
TABLE 29 CONVENTIONAL: SEEDS MARKET, BY REGION, 2018–2022 (USD MILLION) 112
TABLE 30 CONVENTIONAL: SEEDS MARKET, BY REGION, 2023–2028 (USD MILLION) 113
7.3 GENETICALLY MODIFIED SEEDS 113
7.3.1 NEED FOR IMPROVED SEED QUALITY, HIGH YIELD OUTPUT, DISEASE RESISTANCE, AND HERBICIDE TOLERANCE TO BOOST MARKET 113
FIGURE 42 AREA UNDER GENETICALLY MODIFIED CROPS FOR INDUSTRIALIZED AND EMERGING ECONOMIES, 2017–2018 (MILLION HA) 115
TABLE 31 TOP TEN COUNTRIES THAT GRANTED REGULATORY APPROVALS TO GENETICALLY MODIFIED CROPS FOR FOOD, ANIMAL FEED, AND CULTIVATION, 2018 115
TABLE 32 GENETICALLY MODIFIED: SEEDS MARKET, BY REGION, 2018–2022 (USD MILLION) 115
TABLE 33 GENETICALLY MODIFIED: SEEDS MARKET, BY REGION, 2023–2028 (USD MILLION) 116
8 SEEDS MARKET, BY CROP TYPE 117
8.1 INTRODUCTION 118
FIGURE 43 CEREALS & GRAINS SEGMENT TO DOMINATE SEEDS MARKET DURING FORECAST PERIOD 118
TABLE 34 SEEDS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 118
TABLE 35 SEEDS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 119
8.2 OILSEEDS & PULSES 119
FIGURE 44 TOP TEN OILSEED-EXPORTING COUNTRIES, 2022 119
8.2.1 SOYBEAN 120
8.2.1.1 Soybean’s ability to grow in various soil types and climate conditions to drive demand for canola seeds 120
FIGURE 45 GLOBAL SOYBEAN PRODUCTION IN KEY COUNTRIES, 2017–2021 (MILLION TONS) 120
TABLE 36 APPLICATION AREAS OF SOYBEAN 121
8.2.2 CANOLA/RAPESEED 122
8.2.2.1 Need to replace trans-fat with healthy oil to drive demand for soybean oil 122
FIGURE 46 GLOBAL RAPESEED PRODUCTION, 2017–2020 (MILLION TONS) 122
8.2.3 COTTON 123
8.2.3.1 Research initiatives and commercialization of cotton plants by USDA to drive demand 123
FIGURE 47 COTTON SEED PRODUCTION OF LEADING COUNTRIES, 2019–2020 (TONS) 123
FIGURE 48 TOP TEN COTTON-EXPORTING COUNTRIES IN 2022 124
8.2.4 OTHER OILSEEDS & PULSES 124
FIGURE 49 ANNUAL PRODUCTION OF SUNFLOWER SEEDS, 2015–2020 (MILLION TONS) 125
TABLE 37 OILSEEDS & PULSES: SEEDS MARKET, BY REGION, 2018–2022 (USD MILLION) 125
TABLE 38 OILSEEDS & PULSES: SEEDS MARKET, BY REGION, 2023–2028 (USD MILLION) 126
TABLE 39 OILSEEDS & PULSES: SEEDS MARKET, BY CROP, 2018–2022 (USD MILLION) 126
TABLE 40 OILSEEDS & PULSES: SEEDS MARKET, BY CROP, 2023–2028 (USD MILLION) 126
TABLE 41 SOYBEAN: SEEDS MARKET, BY TYPE, 2018–2022 (USD MILLION) 127
TABLE 42 SOYBEAN: SEEDS MARKET, BY TYPE, 2023–2028 (USD MILLION) 127
TABLE 43 COTTON: SEEDS MARKET, BY TYPE, 2018–2022 (USD MILLION) 127
TABLE 44 COTTON: SEEDS MARKET, BY TYPE, 2023–2028 (USD MILLION) 127
TABLE 45 CANOLA: SEEDS MARKET, BY TYPE, 2018–2022 (USD MILLION) 128
TABLE 46 CANOLA: SEEDS MARKET, BY TYPE, 2023–2028 (USD MILLION) 128
8.3 CEREALS & GRAINS 128
8.3.1 CORN 128
8.3.1.1 Shift in cereal demand, focus on animal feed, and use of improved conventional technology to drive demand 128
FIGURE 50 GLOBAL PRODUCTION OF CORN, 2017–2021 (MILLION TONS) 129
8.3.2 WHEAT 129
8.3.2.1 Rising income levels and adoption of westernized diets to fuel demand for wheat-based products 129
FIGURE 51 WHEAT PRODUCTION IN INDIA, 2017–2021 (MILLION TONS) 130
8.3.3 RICE 130
8.3.3.1 Population growth and rising need for food use to boost demand for rice 130
FIGURE 52 ANNUAL PRODUCTION OF RICE, 2019–2021 (MILLION TONS) 131
8.3.4 OTHER CEREALS & GRAINS 131
TABLE 47 CEREALS & GRAINS: SEEDS MARKET, BY REGION, 2018–2022 (USD MILLION) 131
TABLE 48 CEREALS & GRAINS: SEEDS MARKET, BY REGION, 2023–2028 (USD MILLION) 132
TABLE 49 CEREALS & GRAINS: SEEDS MARKET, BY CROP, 2018–2022 (USD MILLION) 132
TABLE 50 CEREALS & GRAINS: SEEDS MARKET, BY CROP, 2023–2028 (USD MILLION) 132
TABLE 51 CORN: SEEDS MARKET, BY TYPE, 2018–2022 (USD MILLION) 133
TABLE 52 CORN: SEEDS MARKET, BY TYPE, 2023–2028 (USD MILLION) 133
8.4 FRUITS & VEGETABLES 133
8.4.1 SOLANACEAE 134
8.4.1.1 Demand for Solanaceae products to grow due to their rising utilization in processed food industry 134
FIGURE 53 GLOBAL TOMATO PRODUCTION BY REGION, 2021 134
8.4.2 CUCURBITS 134
8.4.2.1 Demand for short cucumbers as convenient and healthy snacking option to propel market 134
8.4.3 BRASSICAS 135
8.4.3.1 Demand for Brassica crops to grow due to their ability to provide nutrition at reduced cost 135
8.4.4 LEAFY VEGETABLES 135
8.4.4.1 Integration of smart technologies to enhance productivity of leafy vegetables 135
8.4.5 ROOTS & BULBS 136
8.4.5.1 Carrot to drive demand as rich source of beta-carotene and antioxidants 136
FIGURE 54 GLOBAL CARROT PRODUCTION BY REGION, 2021 137
8.4.6 OTHER FRUITS & VEGETABLES 137
TABLE 53 FRUITS & VEGETABLES: SEEDS MARKET, BY REGION, 2018–2022 (USD MILLION) 137
TABLE 54 FRUITS & VEGETABLES: SEEDS MARKET, BY REGION, 2023–2028 (USD MILLION) 138
TABLE 55 FRUITS & VEGETABLES: SEEDS MARKET, BY FAMILY TYPE, 2018–2022 (USD MILLION) 138
TABLE 56 FRUITS & VEGETABLES: SEEDS MARKET, BY FAMILY TYPE, 2023–2028 (USD MILLION) 138
TABLE 57 FRUITS & VEGETABLES: SEEDS MARKET, BY CROP, 2018–2022 (USD MILLION) 139
TABLE 58 FRUITS & VEGETABLES: SEEDS MARKET, BY CROP, 2023–2028 (USD MILLION) 139
8.5 OTHER CROP TYPES 139
TABLE 59 FUNCTIONAL, RECREATIONAL, AND ORNAMENTAL BENEFITS OF TURFGRASS 140
TABLE 60 OTHER CROP TYPES: SEEDS MARKET, BY REGION, 2018–2022 (USD MILLION) 141
TABLE 61 OTHER CROP TYPES: SEEDS MARKET, BY REGION, 2023–2028 (USD MILLION) 141
9 SEEDS MARKET, BY TREATMENT 142
9.1 INTRODUCTION 142
9.2 TREATED SEEDS 142
9.3 UNTREATED SEEDS 142
10 SEEDS MARKET, BY TRAIT 143
10.1 INTRODUCTION 144
FIGURE 55 OTHER TRAITS SEGMENT TO DOMINATE GENETICALLY MODIFIED SEEDS MARKET DURING FORECAST PERIOD 144
TABLE 62 SEEDS MARKET, BY TRAIT, 2018–2022 (USD MILLION) 144
TABLE 63 SEEDS MARKET, BY TRAIT, 2023–2028 (USD MILLION) 145
TABLE 64 SEEDS MARKET, BY TRAIT, 2018–2022 (MILLION HA) 145
TABLE 65 SEEDS MARKET, BY TRAIT, 2023–2028 (MILLION HA) 145
FIGURE 56 HERBICIDE-TOLERANT CORN (PERCENTAGE OF ALL CORN PLANTED) IN US, 2021–2022 146
FIGURE 57 INSECT-RESISTANT BT COTTON (PERCENTAGE OF ALL UPLAND COTTON PLANTED) IN US, 2021–2022 146
10.2 HERBICIDE TOLERANCE 146
10.2.1 NEED FOR EFFECTIVE WEED CONTROL AND PROTECTING CROP YIELDS TO DRIVE DEMAND FOR HERBICIDE-TOLERANT CROPS 146
TABLE 66 COUNTRIES TO APPROVE MAJOR HERBICIDE-TOLERANT CROPS (WITH SINGLE AND STACKED GENES) FOR FOOD, FEED, AND/OR CULTIVATION 147
TABLE 67 COMMERCIALIZED HERBICIDE-TOLERANT SEED PRODUCTS 148
FIGURE 58 HERBICIDE-TOLERANT COTTON (PERCENTAGE OF ALL UPLAND COTTON PLANTED) IN US, 2021–2022 149
TABLE 68 HERBICIDE-TOLERANT CROPS: SEEDS MARKET, BY REGION, 2018–2022 (USD MILLION) 149
TABLE 69 HERBICIDE-TOLERANT CROPS: SEEDS MARKET, BY REGION, 2023–2028 (USD MILLION) 149
TABLE 70 HERBICIDE-TOLERANT CROPS: SEEDS MARKET, BY REGION, 2018–2022 (MILLION HA) 150
TABLE 71 HERBICIDE-TOLERANT CROPS: SEEDS MARKET, BY REGION, 2023–2028 (MILLION HA) 150
10.3 INSECT RESISTANCE 150
10.3.1 INSECT-RESISTANT SEEDS TO HELP MINIMIZE CROP DAMAGE BY MAKING PLANTS LESS SUSCEPTIBLE TO PESTS 150
TABLE 72 INSECT-RESISTANT CROPS: SEEDS MARKET, BY REGION, 2018–2022 (USD MILLION) 151
TABLE 73 INSECT-RESISTANT CROPS: SEEDS MARKET, BY REGION, 2023–2028 (USD MILLION) 151
TABLE 74 INSECT-RESISTANT CROPS: SEEDS MARKET, BY REGION, 2018–2022 (MILLION HA) 152
TABLE 75 INSECT-RESISTANT CROPS: SEEDS MARKET, BY REGION, 2023–2028 (MILLION HA) 152
10.4 OTHER TRAITS 152
TABLE 76 GENE STACKING METHODS IN PRODUCTION OF BIOTECH STACKS 153
TABLE 77 OTHER TRAITS: SEEDS MARKET, BY REGION, 2018–2022 (USD MILLION) 154
TABLE 78 OTHER TRAITS: SEEDS MARKET, BY REGION, 2023–2028 (USD MILLION) 154
TABLE 79 OTHER TRAITS: SEEDS MARKET, BY REGION, 2018–2022 (MILLION HA) 154
TABLE 80 OTHER TRAITS: SEEDS MARKET, BY REGION, 2023–2028 (MILLION HA) 155
11 SEEDS MARKET, BY REGION 156
11.1 INTRODUCTION 157
FIGURE 59 CHINA TO ACCOUNT FOR HIGHEST CAGR DURING FORECAST PERIOD 157
TABLE 81 SEEDS MARKET, BY REGION, 2018–2022 (USD MILLION) 158
TABLE 82 SEEDS MARKET, BY REGION, 2023–2028 (USD MILLION) 158
11.2 NORTH AMERICA 158
FIGURE 60 NORTH AMERICA: REGIONAL SNAPSHOT 159
11.2.1 RECESSION IMPACT ANALYSIS 159
FIGURE 61 NORTH AMERICA: RECESSION IMPACT ANALYSIS 160
TABLE 83 NORTH AMERICA: SEEDS MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 161
TABLE 84 NORTH AMERICA: SEEDS MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 161
TABLE 85 NORTH AMERICA: SEEDS MARKET, BY TYPE, 2018–2022 (USD MILLION) 161
TABLE 86 NORTH AMERICA: SEEDS MARKET, BY TYPE, 2023–2028 (USD MILLION) 161
TABLE 87 NORTH AMERICA: SEEDS MARKET, BY TRAIT, 2018–2022 (USD MILLION) 162
TABLE 88 NORTH AMERICA: SEEDS MARKET, BY TRAIT, 2023–2028 (USD MILLION) 162
TABLE 89 NORTH AMERICA: SEEDS MARKET, BY TRAIT, 2018–2022 (MILLION HA) 162
TABLE 90 NORTH AMERICA: SEEDS MARKET, BY TRAIT, 2023–2028 (MILLION HA) 162
TABLE 91 NORTH AMERICA: SEEDS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 163
TABLE 92 NORTH AMERICA: SEEDS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 163
11.2.2 US 163
11.2.2.1 Presence of key market players and government’s price support system to drive market 163
TABLE 93 US: SEEDS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 164
TABLE 94 US: SEEDS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 164
TABLE 95 US: CEREALS & GRAINS SEEDS MARKET, BY CROP, 2018–2022 (USD MILLION) 164
TABLE 96 US: CEREALS & GRAINS SEEDS MARKET, BY CROP, 2023–2028 (USD MILLION) 165
TABLE 97 US: CORN SEEDS MARKET, BY TYPE, 2018–2022 (USD MILLION) 165
TABLE 98 US: CORN SEEDS MARKET, BY TYPE, 2023–2028 (USD MILLION) 165
TABLE 99 US: OILSEEDS & PULSES SEEDS MARKET, BY CROP, 2018–2022 (USD MILLION) 165
TABLE 100 US: OILSEEDS & PULSES SEEDS MARKET, BY CROP, 2023–2028 (USD MILLION) 166
TABLE 101 US: SOYBEAN SEEDS MARKET, BY TYPE, 2018–2022 (USD MILLION) 166
TABLE 102 US: SOYBEAN SEEDS MARKET, BY TYPE, 2023–2028 (USD MILLION) 166
TABLE 103 US: COTTON SEEDS MARKET, BY TYPE, 2018–2022 (USD MILLION) 166
TABLE 104 US: COTTON SEEDS MARKET, BY TYPE, 2023–2028 (USD MILLION) 167
11.2.3 CANADA 167
11.2.3.1 Adoption of cutting-edge technologies for plant breeding to boost demand for seeds business 167
TABLE 105 SEED CROPS GROWN IN CANADA 168
FIGURE 62 CROPS IMPORTED BY CANADA, 2021 (TONS) 169
TABLE 106 CANADA: SEEDS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 169
TABLE 107 CANADA: SEEDS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 170
TABLE 108 CANADA: CEREALS & GRAINS SEEDS MARKET, BY CROP, 2018–2022 (USD MILLION) 170
TABLE 109 CANADA: CEREALS & GRAINS SEEDS MARKET, BY CROP, 2023–2028 (USD MILLION) 170
TABLE 110 CANADA: CORN SEEDS MARKET, BY TYPE, 2018–2022 (USD MILLION) 170
TABLE 111 CANADA: CORN SEEDS MARKET, BY TYPE, 2023–2028 (USD MILLION) 171
TABLE 112 CANADA: OILSEEDS & PULSES SEEDS MARKET, BY CROP, 2018–2022 (USD MILLION) 171
TABLE 113 CANADA: OILSEEDS & PULSES SEEDS MARKET, BY CROP, 2023–2028 (USD MILLION) 171
TABLE 114 CANADA: SOYBEAN SEEDS MARKET, BY TYPE, 2018–2022 (USD MILLION) 171
TABLE 115 CANADA: SOYBEAN SEEDS MARKET, BY TYPE, 2023–2028 (USD MILLION) 172
TABLE 116 CANADA: CANOLA SEEDS MARKET, BY TYPE, 2018–2022 (USD MILLION) 172
TABLE 117 CANADA: CANOLA SEEDS MARKET, BY TYPE, 2023–2028 (USD MILLION) 172
11.2.4 MEXICO 172
11.2.4.1 Favorable government policies, well-developed seeds industry, and presence of key companies to drive market 172
FIGURE 63 ANNUAL IMPORTS OF PRIMARY RAW MATERIALS BY FEED INDUSTRY IN MEXICO, 2019–2021 173
FIGURE 64 WHEAT IMPORT IN MEXICO, 2019–2022 (TRADE YEAR) 174
TABLE 118 MEXICO: SEEDS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 174
TABLE 119 MEXICO: SEEDS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 174
11.3 EUROPE 174
11.3.1 RECESSION IMPACT ANALYSIS 175
FIGURE 65 EUROPE: RECESSION IMPACT ANALYSIS 176
TABLE 120 EUROPE: SEEDS MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 176
TABLE 121 EUROPE: SEEDS MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 177
TABLE 122 EUROPE: SEEDS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 177
TABLE 123 EUROPE: SEEDS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 177
TABLE 124 EUROPE: SEEDS MARKET, BY TYPE, 2018–2022 (USD MILLION) 178
TABLE 125 EUROPE: SEEDS MARKET, BY TYPE, 2023–2028 (USD MILLION) 178
TABLE 126 EUROPE: SEEDS MARKET, BY TRAIT, 2018–2022 (USD MILLION) 178
TABLE 127 EUROPE: SEEDS MARKET, BY TRAIT, 2023–2028 (USD MILLION) 178
TABLE 128 EUROPE: SEEDS MARKET, BY TRAIT, 2018–2022 (MILLION HA) 178
TABLE 129 EUROPE: SEEDS MARKET, BY TRAIT, 2023–2028 (MILLION HA) 179
11.3.2 SPAIN 179
11.3.2.1 Adoption of advanced technology and expansion of GE crop cultivation to drive market 179
TABLE 130 SPAIN: SEEDS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 179
TABLE 131 SPAIN: SEEDS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 180
TABLE 132 SPAIN: CEREALS & GRAINS SEEDS MARKET, BY CROP, 2018–2022 (USD MILLION) 180
TABLE 133 SPAIN: CEREALS & GRAINS SEEDS MARKET, BY CROP, 2023–2028 (USD MILLION) 180
TABLE 134 SPAIN: CORN SEEDS MARKET, BY TYPE, 2018–2022 (USD MILLION) 180
TABLE 135 SPAIN: CORN SEEDS MARKET, BY TYPE, 2023–2028 (USD MILLION) 181
11.3.3 ITALY 181
11.3.3.1 Availability of various vegetable seeds and favorable weather to drive market 181
TABLE 136 ITALY: SEEDS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 181
TABLE 137 ITALY: SEEDS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 182
11.3.4 GERMANY 182
11.3.4.1 Need for productivity and disease resistance and presence of key seed manufacturers to drive market 182
TABLE 138 GERMANY: SEEDS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 182
TABLE 139 GERMANY: SEEDS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 183
11.3.5 FRANCE 183
11.3.5.1 Focus on maintaining traditional, open-pollinated seed varieties and robust agricultural research sector to drive market 183
TABLE 140 FRANCE: SEEDS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 183
TABLE 141 FRANCE: SEEDS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 184
11.3.6 RUSSIA 184
11.3.6.1 Well-developed domestic seed industry with several seed companies to drive market 184
TABLE 142 RUSSIA: SEEDS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 184
TABLE 143 RUSSIA: SEEDS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 185
11.3.7 UK 185
11.3.7.1 Demand for seeds with disease resistance, higher yield potential, and adaptability to drive market 185
TABLE 144 UK: SEEDS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 186
TABLE 145 UK: SEEDS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 186
11.3.8 NETHERLANDS 186
11.3.8.1 Advanced horticultural practices and strong regulatory frameworks to drive seeds market 186
TABLE 146 NETHERLANDS: SEEDS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 187
TABLE 147 NETHERLANDS: SEEDS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 187
11.3.9 UKRAINE 187
11.3.9.1 Implementation of legislation and regulations to maintain seeds quality to drive market 187
TABLE 148 UKRAINE: SEEDS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 188
TABLE 149 UKRAINE: SEEDS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 188
11.3.10 REST OF EUROPE 188
TABLE 150 REST OF EUROPE: SEEDS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 189
TABLE 151 REST OF EUROPE: SEEDS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 189
11.4 ASIA PACIFIC 189
FIGURE 66 ASIA PACIFIC: REGIONAL SNAPSHOT 191
11.4.1 RECESSION IMPACT ANALYSIS 191
FIGURE 67 ASIA PACIFIC: RECESSION IMPACT ANALYSIS 193
TABLE 152 ASIA PACIFIC: SEEDS MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 193
TABLE 153 ASIA PACIFIC: SEEDS MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 194
TABLE 154 ASIA PACIFIC: SEEDS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 194
TABLE 155 ASIA PACIFIC: SEEDS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 194
TABLE 156 ASIA PACIFIC: SEEDS MARKET, BY TYPE, 2018–2022 (USD MILLION) 195
TABLE 157 ASIA PACIFIC: SEEDS MARKET, BY TYPE, 2023–2028 (USD MILLION) 195
TABLE 158 ASIA PACIFIC: SEEDS MARKET, BY TRAIT, 2018–2022 (USD MILLION) 195
TABLE 159 ASIA PACIFIC: SEEDS MARKET, BY TRAIT, 2023–2028 (USD MILLION) 195
TABLE 160 ASIA PACIFIC: SEEDS MARKET, BY TRAIT, 2018–2022 (MILLION HA) 196
TABLE 161 ASIA PACIFIC: SEEDS MARKET, BY TRAIT, 2023–2028 (MILLION HA) 196
11.4.2 CHINA 196
11.4.2.1 Government initiatives and increased subsidies to boost production of oilseeds and other seed crops 196
TABLE 162 CHINA: SEEDS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 197
TABLE 163 CHINA: SEEDS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 197
TABLE 164 CHINA: OILSEEDS & PULSES SEEDS MARKET, BY CROP, 2018–2022 (USD MILLION) 198
TABLE 165 CHINA: OILSEEDS & PULSES SEEDS MARKET, BY CROP, 2023–2028 (USD MILLION) 198
TABLE 166 CHINA: COTTON SEEDS MARKET, BY TYPE, 2018–2022 (USD MILLION) 198
TABLE 167 CHINA: COTTON SEEDS MARKET, BY TYPE, 2023–2028 (USD MILLION) 198
11.4.3 THAILAND 199
11.4.3.1 Strong export market for Solanaceae crops and focus on food value awareness to boost market 199
TABLE 168 THAILAND: SEEDS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 199
TABLE 169 THAILAND: SEEDS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 200
11.4.4 INDIA 200
11.4.4.1 Rising adoption of hybrid seeds and increased investment in research & development to drive market 200
FIGURE 69 OILSEED PRODUCTION IN INDIA, BY OIL MEAL TYPE, 2019–2020 (‘000 TONS) 201
TABLE 170 INDIA: SEEDS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 201
TABLE 171 INDIA: SEEDS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 202
TABLE 172 INDIA: OILSEEDS & PULSES SEEDS MARKET, BY CROP, 2018–2022 (USD MILLION) 202
TABLE 173 INDIA: OILSEEDS & PULSES SEEDS MARKET, BY CROP, 2023–2028 (USD MILLION) 202
TABLE 174 INDIA: COTTON SEEDS MARKET, BY TYPE, 2018–2022 (USD MILLION) 202
TABLE 175 INDIA: COTTON SEEDS MARKET, BY TYPE, 2023–2028 (USD MILLION) 203
11.4.5 JAPAN 203
11.4.5.1 Favorable agricultural policy and adoption of advanced technologies to drive market 203
TABLE 176 JAPAN: SEEDS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 204
TABLE 177 JAPAN: SEEDS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 204
11.4.6 AUSTRALIA 204
11.4.6.1 Increasing use of genetically modified crops and need for improved yield to drive market 204
FIGURE 70 CANOLA EXPORT IN AUSTRALIA, 2022 (‘000 TONS) 205
TABLE 178 AUSTRALIA: SEEDS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 205
TABLE 179 AUSTRALIA: SEEDS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 205
11.4.7 VIETNAM 206
11.4.7.1 Dependence on agriculture and diversity in crop production to drive market 206
FIGURE 71 MARKET SHARE FOR WHEAT IMPORT IN VIETNAM, 2022 206
TABLE 180 VIETNAM: SEEDS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 207
TABLE 181 VIETNAM: SEEDS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 207
11.4.8 REST OF ASIA PACIFIC 207
TABLE 182 REST OF ASIA PACIFIC: SEEDS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 208
TABLE 183 REST OF ASIA PACIFIC: SEEDS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 208
11.5 SOUTH AMERICA 208
11.5.1 RECESSION IMPACT ANALYSIS 209
FIGURE 72 SOUTH AMERICA: RECESSION IMPACT ANALYSIS 210
TABLE 184 SOUTH AMERICA: SEEDS MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 210
TABLE 185 SOUTH AMERICA: SEEDS MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 211
TABLE 186 SOUTH AMERICA: SEEDS MARKET, BY TYPE, 2018–2022 (USD MILLION) 211
TABLE 187 SOUTH AMERICA: SEEDS MARKET, BY TYPE, 2023–2028 (USD MILLION) 211
TABLE 188 SOUTH AMERICA: SEEDS MARKET, BY TRAIT, 2018–2022 (USD MILLION) 211
TABLE 189 SOUTH AMERICA: SEEDS MARKET, BY TRAIT, 2023–2028 (USD MILLION) 212
TABLE 190 SOUTH AMERICA: SEEDS MARKET, BY TRAIT, 2018–2022 (MILLION HA) 212
TABLE 191 SOUTH AMERICA: SEEDS MARKET, BY TRAIT, 2023–2028 (MILLION HA) 212
TABLE 192 SOUTH AMERICA: SEEDS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 212
TABLE 193 SOUTH AMERICA: SEEDS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 213
11.5.2 BRAZIL 213
11.5.2.1 Semi-temperate climate and fertile soil to propel crop production and export market growth 213
FIGURE 73 AREA HARVESTED FOR MAJOR CROPS IN BRAZIL, 2019–2021 (MILLION HA) 214
TABLE 194 BRAZIL: SEEDS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 214
TABLE 195 BRAZIL: SEEDS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 214
TABLE 196 BRAZIL: CEREALS & GRAINS SEEDS MARKET, BY CROP, 2018–2022 (USD MILLION) 215
TABLE 197 BRAZIL: CEREALS & GRAINS SEEDS MARKET, BY CROP, 2023–2028 (USD MILLION) 215
TABLE 198 BRAZIL: CORN SEEDS MARKET, BY TYPE, 2018–2022 (USD MILLION) 215
TABLE 199 BRAZIL: CORN SEEDS MARKET, BY TYPE, 2023–2028 (USD MILLION) 215
TABLE 200 BRAZIL: OILSEEDS & PULSES SEEDS MARKET, BY CROP, 2018–2022 (USD MILLION) 216
TABLE 201 BRAZIL: OILSEEDS & PULSES SEEDS MARKET, BY CROP, 2023–2028 (USD MILLION) 216
TABLE 202 BRAZIL: SOYBEAN SEEDS MARKET, BY TYPE, 2018–2022 (USD MILLION) 216
TABLE 203 BRAZIL: SOYBEAN SEEDS MARKET, BY TYPE, 2023–2028 (USD MILLION) 216
11.5.3 ARGENTINA 217
11.5.3.1 Adoption of genetically modified seeds, access to loan facilities for small farmers, and diverse climate conditions to drive market 217
FIGURE 74 AREA HARVESTED FOR MAJOR CROPS IN ARGENTINA, 2019–2021 (MILLION HA) 218
TABLE 204 ARGENTINA: SEEDS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 218
TABLE 205 ARGENTINA: SEEDS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 218
TABLE 206 ARGENTINA: CEREALS & GRAINS SEEDS MARKET, BY CROP, 2018–2022 (USD MILLION) 219
TABLE 207 ARGENTINA: CEREALS & GRAINS SEEDS MARKET, BY CROP, 2023–2028 (USD MILLION) 219
TABLE 208 ARGENTINA: CORN SEEDS MARKET, BY TYPE, 2018–2022 (USD MILLION) 219
TABLE 209 ARGENTINA: CORN SEEDS MARKET, BY TYPE, 2023–2028 (USD MILLION) 219
TABLE 210 ARGENTINA: OILSEEDS & PULSES SEEDS MARKET, BY CROP, 2018–2022 (USD MILLION) 220
TABLE 211 ARGENTINA: OILSEEDS & PULSES SEEDS MARKET, BY CROP, 2023–2028 (USD MILLION) 220
TABLE 212 ARGENTINA: SOYBEAN SEEDS MARKET, BY TYPE, 2018–2022 (USD MILLION) 220
TABLE 213 ARGENTINA: SOYBEAN SEEDS MARKET, BY TYPE, 2023–2028 (USD MILLION) 220
11.5.4 CHILE 221
11.5.4.1 Investment from leading players and favorable and climate conditions to propel demand for seed production 221
TABLE 214 CHILE: SEEDS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 221
TABLE 215 CHILE: SEEDS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 222
11.5.5 REST OF SOUTH AMERICA 222
TABLE 216 REST OF SOUTH AMERICA: SEEDS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 222
TABLE 217 REST OF SOUTH AMERICA: SEEDS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 223
FIGURE 75 ROW: RECESSION IMPACT ANALYSIS 224
TABLE 218 ROW: SEEDS MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 225
TABLE 219 ROW: SEEDS MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 225
TABLE 220 ROW: SEEDS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 225
TABLE 221 ROW: SEEDS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 226
TABLE 222 ROW: SEEDS MARKET, BY TYPE, 2018–2022 (USD MILLION) 226
TABLE 223 ROW: SEEDS MARKET, BY TYPE, 2023–2028 (USD MILLION) 226
TABLE 224 ROW: SEEDS MARKET, BY TRAIT, 2018–2022 (USD MILLION) 226
TABLE 225 ROW: SEEDS MARKET, BY TRAIT, 2023–2028 (USD MILLION) 227
TABLE 226 ROW: SEEDS MARKET, BY TRAIT, 2018–2022 (MILLION HA) 227
TABLE 227 ROW: SEEDS MARKET, BY TRAIT, 2023–2028 (MILLION HA) 227
11.6.1 SOUTH AFRICA 227
11.6.1.1 Subsidies and government initiatives to fuel demand for seed cultivation 227
TABLE 228 SOUTH AFRICA: SEEDS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 228
TABLE 229 SOUTH AFRICA: SEEDS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 228
11.6.2 TURKEY 229
11.6.2.1 Policy of National Seed Gene Bank to conserve and protect plant genetic diversity to drive market 229
FIGURE 76 AREA HARVESTED FOR CROPS IN TURKEY, 2019–2021 (MILLION HA) 229
TABLE 230 TURKEY: SEEDS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 230
TABLE 231 TURKEY: SEEDS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 230
11.6.3 EGYPT 230
11.6.3.1 Research & development in biotechnology sector to enhance domestic production of oilseeds 230
TABLE 232 EGYPT: SEEDS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 231
TABLE 233 EGYPT: SEEDS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 231
11.6.4 OTHERS IN ROW 231
TABLE 234 OTHERS IN ROW: SEEDS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 232
TABLE 235 OTHERS IN ROW: SEEDS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 232
12 COMPETITIVE LANDSCAPE 233
12.1 OVERVIEW 233
12.2 STRATEGIES ADOPTED BY KEY PLAYERS 233
12.3 GLOBAL SNAPSHOT OF KEY MARKET PARTICIPANTS 234
FIGURE 77 SEEDS MARKET: GLOBAL SNAPSHOT OF KEY PARTICIPANTS, 2022 234
12.4 MARKET SHARE ANALYSIS, 2022 235
TABLE 236 SEEDS MARKET: DEGREE OF COMPETITION 235
12.5 SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS, 2020–2022 236
FIGURE 78 SEEDS MARKET: SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS, 2020–2022 (USD BILLION) 236
12.6 KEY PLAYERS’ ANNUAL REVENUE VS. GROWTH, 2020–2022 237
FIGURE 79 SEEDS MARKET: ANNUAL REVENUE, 2022 (USD BILLION) VS. REVENUE GROWTH, 2020–2022 237
12.7 KEY PLAYERS’ EBITDA, 2022 237
FIGURE 80 EBITDA, 2022 (USD MILLION) 237
12.8 COMPANY EVALUATION MATRIX (KEY PLAYERS) 238
12.8.1 STARS 238
12.8.2 EMERGING LEADERS 238
12.8.3 PERVASIVE PLAYERS 238
12.8.4 PARTICIPANTS 238
FIGURE 81 SEEDS MARKET: COMPANY EVALUATION MATRIX, 2022 (KEY PLAYERS) 239
12.8.5 PRODUCT FOOTPRINT 239
TABLE 237 SEEDS MARKET: COMPANY TYPE FOOTPRINT 239
TABLE 238 SEEDS MARKET: CROP TYPE FOOTPRINT 240
TABLE 239 SEEDS MARKET: REGIONAL FOOTPRINT 241
TABLE 240 SEEDS MARKET: COMPANIES’ OVERALL FOOTPRINT 241
12.9 COMPANY EVALUATION MATRIX (OTHER PLAYERS) 242
12.9.1 PROGRESSIVE COMPANIES 242
12.9.2 STARTING BLOCKS 242
12.9.3 RESPONSIVE COMPANIES 242
12.9.4 DYNAMIC COMPANIES 242
FIGURE 82 SEEDS MARKET: COMPANY EVALUATION MATRIX, 2022 (OTHER PLAYERS) 243
12.9.5 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 243
TABLE 241 SEEDS MARKET: DETAILED LIST OF STARTUPS/SMES 243
TABLE 242 SEEDS MARKET: COMPETITIVE BENCHMARKING FOR STARTUPS/SMES, 2022 244
12.10 COMPETITIVE SCENARIO 245
12.10.1 PRODUCT LAUNCHES 245
TABLE 243 SEED MARKET: PRODUCT LAUNCHES, 2020–2023 245
12.10.2 DEALS 247
TABLE 244 SEEDS MARKET: DEALS, 2020–2023 247
12.10.3 OTHERS 249
TABLE 245 SEEDS MARKET: OTHERS, 2020–2023 249
13 COMPANY PROFILES 251
13.1 KEY PLAYERS 251
(Business overview, Products/Solutions/Services offered, Recent developments, MnM view, Right to win, Strategic choices, and Weaknesses and competitive threats)*
13.1.1 BASF SE 251
TABLE 246 BASF SE: COMPANY OVERVIEW 251
FIGURE 83 BASF SE: COMPANY SNAPSHOT 252
TABLE 247 BASF SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 252
TABLE 248 BASF SE: PRODUCT LAUNCHES 253
TABLE 249 BASF SE: DEALS 253
TABLE 250 BASF SE: OTHERS 254
13.1.2 BAYER AG 255
TABLE 251 BAYER AG: COMPANY OVERVIEW 255
FIGURE 84 BAYER AG: COMPANY SNAPSHOT 256
TABLE 252 BAYER AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 256
TABLE 253 BAYER AG: PRODUCT LAUNCHES 257
TABLE 254 BAYER AG: DEALS 258
TABLE 255 BAYER AG: OTHERS 258
13.1.3 SYNGENTA CROP PROTECTION AG 260
TABLE 256 SYNGENTA CROP PROTECTION AG: COMPANY OVERVIEW 260
FIGURE 85 SYNGENTA CROP PROTECTION AG: COMPANY SNAPSHOT 261
TABLE 257 SYNGENTA CROP PROTECTION AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 261
TABLE 258 SYNGENTA CROP PROTECTION AG: DEALS 263
13.1.4 KWS SAAT SE & CO. KGAA 264
TABLE 259 KWS SAAT SE & CO. KGAA: COMPANY OVERVIEW 264
FIGURE 86 KWS SAAT SE & CO. KGAA: COMPANY SNAPSHOT 265
TABLE 260 KWS SAAT SE & CO. KGAA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 265
TABLE 261 KWS SAAT SE & CO. KGAA: PRODUCT LAUNCHES 267
TABLE 262 KWS SAAT SE & CO. KGAA: DEALS 267
TABLE 263 KWS SAAT SE & CO. KGAA: OTHERS 267
13.1.5 CORTEVA 269
TABLE 264 CORTEVA: COMPANY OVERVIEW 269
FIGURE 87 CORTEVA: COMPANY SNAPSHOT 270
TABLE 265 CORTEVA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 270
TABLE 266 CORTEVA: PRODUCT LAUNCHES 271
TABLE 267 CORTEVA: DEALS 272
13.1.6 LIMAGRAIN 274
TABLE 268 LIMAGRAIN: COMPANY OVERVIEW 274
FIGURE 88 LIMAGRAIN: COMPANY SNAPSHOT 274
TABLE 269 LIMAGRAIN: PRODUCTS/SOLUTIONS/SERVICES OFFERED 275
13.1.7 ADVANTA SEEDS 277
TABLE 270 ADVANTA SEEDS: COMPANY OVERVIEW 277
FIGURE 89 ADVANTA SEEDS: COMPANY SNAPSHOT 278
TABLE 271 ADVANTA SEEDS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 278
13.1.8 SAKATA SEED CORPORATION 280
TABLE 272 SAKATA SEED CORPORATION: COMPANY OVERVIEW 280
FIGURE 90 SAKATA SEED CORPORATION: COMPANY SNAPSHOT 280
TABLE 273 SAKATA SEED CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 280
TABLE 274 SAKATA SEED CORPORATION: PRODUCT LAUNCHES 281
TABLE 275 SAKATA SEED CORPORATION: DEALS 282
TABLE 276 SAKATA SEED CORPORATION: OTHERS 282
13.1.9 DLF SEEDS A/S 283
TABLE 277 DLF SEEDS A/S: COMPANY OVERVIEW 283
FIGURE 91 DLF SEEDS A/S: COMPANY SNAPSHOT 283
TABLE 278 DLF SEEDS A/S: PRODUCTS/SOLUTIONS/SERVICES OFFERED 284
TABLE 279 DLF SEEDS A/S: PRODUCT LAUNCHES 284
TABLE 280 DLF SEEDS A/S: DEALS 285
13.1.10 ENZA ZADEN BEHEER B.V. 286
TABLE 281 ENZA ZADEN BEHEER B.V.: COMPANY OVERVIEW 286
TABLE 282 ENZA ZADEN BEHEER B.V.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 286
TABLE 283 ENZA ZADEN BEHEER B.V.: PRODUCT LAUNCHES 287
TABLE 284 ENZA ZADEN BEHEER B.V.: DEALS 287
TABLE 285 ENZA ZADEN BEHEER B.V.: OTHERS 288
13.1.11 RALLIS INDIA LIMITED 289
TABLE 286 RALLIS INDIA LIMITED: COMPANY OVERVIEW 289
FIGURE 92 RALLIS INDIA LIMITED: COMPANY SNAPSHOT 290
TABLE 287 RALLIS INDIA LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED 290
13.1.12 FMC CORPORATION 292
TABLE 288 FMC CORPORATION: COMPANY OVERVIEW 292
FIGURE 93 FMC CORPORATION: COMPANY SNAPSHOT 293
TABLE 289 FMC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 293
13.1.13 TAKII & CO., LTD. 295
TABLE 290 TAKII & CO., LTD.: COMPANY OVERVIEW 295
TABLE 291 TAKII & CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 295
TABLE 292 TAKII & CO., LTD.: DEALS 297
TABLE 293 TAKII & CO., LTD.: OTHERS 297
13.1.14 ROYAL BARENBRUG GROUP 298
TABLE 294 ROYAL BARENBRUG GROUP: COMPANY OVERVIEW 298
TABLE 295 ROYAL BARENBRUG GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 298
TABLE 296 ROYAL BARENBRUG GROUP: DEALS 299
13.1.15 LONGPING HIGH-TECH 301
TABLE 297 LONGPING HIGH-TECH: COMPANY OVERVIEW 301
TABLE 298 LONGPING HIGH-TECH: PRODUCTS/SOLUTIONS/SERVICES OFFERED 301
13.2 OTHER PLAYERS 303
13.2.1 LAND O’LAKES, INC. 303
TABLE 299 LAND O’LAKES, INC.: COMPANY OVERVIEW 303
FIGURE 94 LAND O’LAKES, INC.: COMPANY SNAPSHOT 303
TABLE 300 LAND O'LAKES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 304
13.2.2 VIKIMA SEED A/S 306
TABLE 301 VIKIMA SEED A/S: COMPANY OVERVIEW 306
TABLE 302 VIKIMA SEED A/S: PRODUCTS/SOLUTIONS/SERVICES OFFERED 306
13.2.3 ALLIED SEED, LLC 307
TABLE 303 ALLIED SEED, LLC: COMPANY OVERVIEW 307
TABLE 304 ALLIED SEED, LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 307
13.2.4 AMPAC SEED COMPANY 309
TABLE 305 AMPAC SEED COMPANY: COMPANY OVERVIEW 309
TABLE 306 AMPAC SEED COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED 309
13.2.5 IMPERIAL SEED 310
TABLE 307 IMPERIAL SEED: COMPANY OVERVIEW 310
TABLE 308 IMPERIAL SEED: PRODUCTS/SOLUTIONS/SERVICES OFFERED 310
13.2.6 SL-AGRITECH 311
13.2.7 BRETTYOUNG 311
13.2.8 RASI SEEDS (P) LTD. 312
13.2.9 CN SEEDS 313
13.2.10 MAHYCO 313
14 ADJACENT AND RELATED MARKETS 314
14.1 INTRODUCTION 314
TABLE 309 ADJACENT MARKETS 314
14.2 RESEARCH LIMITATIONS 314
14.3 SEED TREATMENT MARKET 314
14.3.1 MARKET DEFINITION 314
14.3.2 MARKET OVERVIEW 314
TABLE 310 SEED TREATMENT MARKET, BY FUNCTION, 2022–2027 (USD MILLION) 315
14.4 SEED COATING MARKET 315
14.4.1 MARKET DEFINITION 315
14.4.2 MARKET OVERVIEW 315
TABLE 311 SEED COATING MARKET, BY FORM, 2022–2027 (USD MILLION) 316
*Details on Business overview, Products/Solutions/Services offered, Recent developments, MnM view, Right to win, Strategic choices, and Weaknesses and competitive threats might not be captured in case of unlisted companies.
15 APPENDIX 317
15.1 DISCUSSION GUIDE 317
15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 323
15.3 CUSTOMIZATION OPTIONS 325
15.4 RELATED REPORTS 325
15.5 AUTHOR DETAILS 326
❖ 免責事項 ❖
http://www.globalresearch.jp/disclaimer
