Transparency
Market Research (TMR) has published a research report on the global
commercial seed market. According to the report, the market was
valued US$34.5 bn in 2011. The market is further expected to expand
at a CAGR of 9.90% during the period from 2012 to 2018 and reach a
value of US$53.3 bn by the end of the forecast period.The research
report, titled “Commercial Seeds Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast, 2012 - 2018”, states that
rise in the global population, increasing usage of biofuels, and
augmenting demand for animal feed and oleochemicals are fueling the
global commercial seed market.
Browse
the full Commercial Seeds Market report
at:http://www.transparencymarketresearch.com/commercial-seeds-market.html
The
challenges faced by the worldwide commercial seed market are also
explained in this report at length. The market faces challenge from
patent-related issues. Several companies have successfully gained
patents on advanced methods of plant breeding, restricting others to
conventional methods. These patents have also restricted others
players from using specified genetic traits in the procedure of plant
breeding.The global commercial seed market has become increasingly
consolidated due to patent hegemony and 75% of the total market has
been captured by top ten market players. Apart from this, the rising
concerns over risk associated with genetically modifying crops are
also hampers the growth of this market to a significant extent,
states the report.
Commercial
seeds and bio-seeds (GM seeds) are the two main components of the
global commercial seeds market, states the report. In the commercial
seeds segment, maize crop led the global market in 2011 with 40% of
the market in term of revenue, while soybean and other vegetable
seeds collectively accounted for more than 30% of the overall market,
in the same year. The market for maize crops is expected to report
the fastest growth over the forecast period, cites the market study.
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Further,
the report discusses the GM Seeds market, in which the soybean seed
segment witnessed the highest demand and contributed more than 40% of
the total revenue generated by the market in 2011. However, the
market for corn is likely to report the fastest growth in this market
segment during the forecast period.The report also analyzes the
global commercial seed market in terms of region. North America, Asia
Pacific, Europe, and the Rest of the World are the major regional
markets for commercial seed. In 2011, the North America commercial
seed market accounted for more than 30% of the global market,
positioning itself on the top.
The
commercial seed market in Asia Pacific and Europe captured second and
third position, respectively. The report predicts extensive growth in
the Asia Pacific commercial seed market owing to rise in demand for
commercial seed from developing Asian economies during the forecast
period.The major participants in the global commercial seed market
are Monsanto Co., Syngenta Int. AG, DuPont Pioneer, Vilmorin &
Cie SA, Bayer CropScience, KWS SAAT AG, Dow AgroSciences, Takii &
Co. Ltd., Sakata Seed Corp., DLF-Trifolium, and AgReliant Genetics
LLC. Monsanto led the global market with 20% share in 2011, reports
the market study.
Browse
Full Press Release
:http://www.transparencymarketresearch.com/pressrelease/commercial-seeds-market.htm
About
Us
Transparency
Market Research (TMR) is a global market intelligence company
providing business information reports and services. The company’s
exclusive blend of quantitative forecasting and trend analysis
provides forward-looking insight for thousands of decision makers.
TMR’s experienced team of analysts, researchers, and consultants
use proprietary data sources and various tools and techniques to
gather and analyze information.
TMR’s
data repository is continuously updated and revised by a team of
research experts so that it always reflects the latest trends and
information. With extensive research and analysis capabilities,
Transparency Market Research employs rigorous primary and secondary
research techniques to develop distinctive data sets and research
material for business reports.
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