The report “Hybrid Seeds Market by Crop Type (Cereals & Grains, Oilseeds & Pulses, and Vegetables), Key Crop (Corn, Rice, Soybean, Cotton, Canola, Tomato, Hot pepper, Cucumber, Watermelon), Cultivation Type, and Region – Global Forecast to 2026“, published by MarketsandMarkets™. The global hybrid seeds market is estimated to be valued at USD 25.2 billion in 2021 and is expected to reach a value of USD 34.9 billion by 2026, growing at a CAGR of 6.7% during the forecast period. Factors such as increase in seed replacement rate, availability of hybrid seeds, and increasing demand for fruits and vegetables are the main drivers of the hybrid seeds market.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=5958431
The cereals & grains segment, by crop type, is projected to grow at the highest CAGR during the forecast period.
The market situation for cereals & grains has been marked by an abundance of supplies and slower growth in demand. However, the growth of cereals & grains segment is driven by improvement in yield and increased use in food-related applications. The developed and few developing countries would continue to remain the chief exporters of cereals, thereby catering to the growing demand from the food and feed industries.
The tomato segment, by key crop, is projected to grow at the highest CAGR during the forecast period.
The consumption of tomatoes is on the rise globally due to the popularity of convenience food products, along with changing preference toward fast food diets. The changing dietary habits of people have caught the attention of tomato processors that are directly procuring tomatoes from farmers. This in turn is increasing the demand for hybrid tomato varieties for better yield and disease resistance.
Asia Pacific is projected to grow at the highest CAGR during the forecast period
Asia Pacific is the fastest-growing region in the hybrid seeds market owing to the presence of some of the major seed producers in the world such as China, Thailand and India. Countries such as China, which is among the largest players in the global market for seeds, have been focusing on the adoption of hybrid crop varieties to attain yield improvement and disease resistance without using GM technology. Simultaneously, there has also been a growing demand from the export sector for cotton and soybean, which has supported the growth in the cultivation area and had an impact on the hybrid seeds market.
Request for Customization: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=5958431
Key Players:
This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies operating in the hybrid seeds market. It includes the profiles of leading companies such as BASF SE (Germany), Bayer AG (Germany), Syngenta Group (Switzerland), KWS SAAT SE (Germany), Land O’ Lakes (US), Sakata Seed Corporation (Japan), Groupe Limagrain (France), Corteva Agriscience (US), UPL Limited (India), DLF (Denmark), Longping Hi-tech (China), Rallis India Limited (India), Enza Zaden (The Netherlands), Takii & Co. Ltd (Japan), and Barenbrug Holding B.V (Netherlands).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/hybrid-seeds-market-5958431.html