Seed Market to Garner $105.3 Bn, Globally, by 2031 at 4.5% CAGR: Allied Market Research
Drivers, restraints, and opportunities
Modernization of agriculture, rise in need to boost food production, and increase in use of biofuels and animal feed have boosted the growth of the global seed market. However, lower acceptance of genetically modified crops hinders the market growth. On the contrary, rise in use of waste land for agricultural purposes and surge in accommodative regulatory stance would open new opportunities for the market players in the future.
Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/2384
Covid-19 scenario:
The treated segment held the lion's share
By seed treatment, the treated segment held the largest share in 2021, accounting for more than four-fifths of the global seed market. In addition, the segment is expected to register the highest CAGR of 4.6% during the forecast period, owing to their ability to adapt to various extreme agro-climatic conditions. The report includes an in-depth analysis of the untreated segment.
The genetically modified seed segment to manifest the highest CAGR through 2031
By type, the genetically modified seed segment would showcase the highest CAGR of 4.9% from 2022 to 2031. In addition, the segment held the largest share in 2021, contributing to more than half of the global seed market, due to rise in demand for crop-based oils and animal feed. The report includes an in-depth analysis of the conventional seeds segment.
LAMEA, followed by North America, to portray the highest CAGR by 2031
By region, the market across LAMEA, followed by North America, is expected to register the highest CAGR of 5.9% during the forecast period. This is due to availability of land & water, enhanced soil quality, and favorable climatic conditions. However, the Asia-Pacific held the largest share in 2021, accounting for more than three-fifths of the market, owing to food security agenda in the developing countries and shifting of young generation from rural areas to urban areas.
For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/2384
Major market players
Avenue Basic Plan | Library Access | 1 Year Subscription |
Sign up for Avenue subscription to access more than 12,000+ company profiles and 2,000+ niche industry market research reports at $699 per month, per seat. For a year, the client needs to purchase minimum 2 seat plan.
Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter
Get more information:https://www.alliedmarketresearch.com/library-access
Similar Reports:
Oilseeds Market: Global Opportunity Analysis and Industry Forecast 2022–2031
Hybrid Seeds Market: Global Opportunity Analysis and Industry Forecast 2022–2031
Millet Seeds Market: Global Opportunity Analysis and Industry Forecast 2021–2030
Forage Seed Market: Global Opportunity Analysis and Industry Forecast 2014–2022
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
[email protected]
Web:https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg
