This report estimates the market size of the global seeds in terms of revenue. The global seeds market is projected to reach $85,237.6 million by 2018, due to increasing worldwide demand for food at CAGR of 12.1% from 2013 to 2018. Global seeds market drivers, restraints &; challenges, winning imperatives, burning issues, and trends are discussed in detail in this report. Significant players of this market such as Monsanto (U.S.), DuPont (U.S.), Syngenta (Switzerland), Dow AgroSciences (U.S), etc. are profiled in the report.
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In terms of regions, the report is segmented into North America, Europe, Asia-Pacific, Latin America, and Rest of the World (ROW). This market is segmented for key countries of these five main regions. North America is the largest seeds market. Around 81.8% revenue in North America is expected to be generated by U.S. in 2018. With Brazil leading the Latin American seed market, it is the forecasted to be the fastest growing region. China and France are the largest markets in Asia-Pacific and Europe respectively.
The global seeds market includes oilseed crops such as soybean, sunflower, canola, cotton and grain crop such as wheat, rice, corn, and millet. Fruit & vegetable market includes tomato, lettuce, onion, pepper, carrot, melon, brassica and other seeds segment include alfalfa, turf, clover & forage. Soybean dominates the global oilseed seeds market while corn in grain seed market. Soybean and corn crops are growing at the same CAGR of 12.5% from 2013 to 2018. Tomatoes are growing at the fastest CAGR in vegetable market during the forecast period. North America is the chief producer of corn and other seeds. Latin America is the second largest producer of soybean after North America. Asia-Pacific is the leading market for rice and cotton and ROW for sorghum. The maximum production of wheat, canola, fruits & vegetables, and sunflower is found in Europe.
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North America is the largest market for seeds, followed by Europe and Asia-Pacific. North America market is growing at CAGR of 12.0% from 2013 to 2018. Europe is the main market for fruit & vegetable and other seeds. Asia-Pacific is growing at CAGR of 12.2% during the forecast period. Latin America is growing at the fastest CAGR of 13.1% during the period under review.
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Scope of the report
The global seeds market is profoundly analyzed in terms of revenue ($million) based on the following classifications:
- North America
- Latin America
- Rest of the World
- Oilseed seed
- Grain Seed
- Fruit & Vegetable market
- Other Fruit and Vegetable
- Other Seeds
- Clovers & Other Forage
- Flower seed
- Turf Grasses
- Herbicide Tolerant
- Insect Resistant
- Other Stacked Trait
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