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Global Seed Industry Outlook to 2016 – Rapid Emergence of Genetically Modified Seeds

Press Release   •   Jul 16, 2012 16:49 IST

HTML clipboardThe report titled “Global Seed Industry Outlook to 2016 – Rapid Emergence of Genetically Modified Seeds ” provides a comprehensive analysis on the size of seed market, grain seeds, horticulture seeds, oil seeds, vegetable seeds and fruit seed segments. The report covers the sales of seeds across all the regions in the world with detailed coverage on Europe, Asia-Pacific, North America and Latin American region and 11 countries including the US, Canada, India, China, Japan, Australia, France, Germany, Brazil, Argentina and Mexico.
The global seed market has grown at a CAGR of 5.6% during the period 2005-2011. This growth was primarily supplemented by the remarkably rising population and inflating agricultural commodity prices, especially during the year 2007 and 2008. Moreover, an increasing adoption rate of genetically modified crops throughout the globe has supplemented the sales value of the seed market in the recent past. In addition, increasing production of bio-fuel across the major economies with an objective to generate an alternative for the scarcity of traditional fuel has inclined the demand for corn seeds and oil seeds.
 It has been observed in the recent past that the demand for commercial seeds was primarily generated in the emerging markets of Latin America such as Brazil, Eastern European countries, Asian countries such as India, China, Korea and several others south east Asian countries.
 The key success factor still remains associated with the technological developments and the innovation of new and improved seeds with specialized traits such as drought tolerant seeds.
The Asia-Pacific seed market is the largest market in the world for seeds. The seed market in this part of the world is majorly unorganized with more than 1,500 seed producers including small and large firms both public and private who compete with each other for a relatively small share of the market. In 2011, the seed sales in Asia-Pacific inclined by ~% to USD ~ million from USD ~ million in 2010. The market in the region has grown at a CAGR of ~% from USD ~ million in 2005 to USD ~ million in 2011.
 The contribution of China has grown from ~% in 2005 to ~% in 2011. In 2011, the seed market in India contributed around ~% to the overall sales of the seeds in Asia-Pacific. The market in Japan in 2011 further declined by ~% to USD ~ million due to the occurrence of several uncertain events and natural disasters.
 North America
The US is the largest market for seeds in the world with a contribution of around ~% to the global commercial seed sales in the year 2011. The contribution of the market has predominantly increased over the years due to an increased production of field crops such as corns, canola and several others. The market in 2011 has been valued at USD ~ million registering a growth rate of ~% compared to the previous year sales of commercial seeds.
 The North American seed market is expected to continue its growth at a CAGR of ~% from the period 2012-2016. The market is estimated to record USD ~ in 2016 with major contribution of ~% from the seed market in the US.
 For more information kindly visit :
Global Seed Industry Outlook to 2016 – Rapid Emergence of Genetically Modified Seeds
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