Global Bio Seeds Market – Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021
Sarasota, FL -- (SBWIRE) -- 12/07/2016 -- Global Bio Seeds (Soybean, Corn, Sugar Beet, Canola and Others) Market: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021
The report covers forecast and analysis for the bio seeds market on a global and regional level. According to the report, global demand for bio seeds market was valued at over USD 21.5 billion in 2015, is expected to reach around USD 36.5 billion in 2021 and is anticipated to grow at a CAGR of around 9.5% between 2015 and 2021.The study includes drivers and restraints for the market along with the impact they have on the demand over the forecast period. Additionally, the report includes study of opportunities available in the bio seeds market on a global level.
Global Bio Seeds Market 2015 – 2021
Bio-seeds are produced using genetic engineering and are categorized under genetically modified organisms. Bio seeds are formed by inserting desired quality gene into the host via genetic engineering technique. Bio seeds exhibit several advantages over traditional seeds such as high yield and low cost production.
Ever rising population and shrinking arable land is expected to boost the demand for bio seeds market. Growing urbanization resulted into adoption of bio seeds owing to high yield and optimum desired results. Though, lack of knowledge and awareness among underdeveloped countries for the significance of bio seeds are anticipated to be major restrain for bio seeds market. Nevertheless, increasing preference for healthy diet and rapid innovations in agricultural sector is estimated to open growth opportunities for the market in the near future.
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In order to give the users of this report a comprehensive view on the bio seeds market, we have included a detailed competitive scenario, and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter's five forces model for the bio seeds market has also been included. The study encompasses a market attractiveness analysis, wherein product segments are benchmarked based on their market size, growth rate and general attractiveness.
Soybean, corn, sugar beet, canola, etc. are some of the key product segments of bio seeds market. With over 35% share in total revenue generated, corn dominated the bio seeds market in 2015. Corn was the most widely cultivated crop and had highest consumption in 2015. Corn is growing in popularity as a raw material among the manufacturers of ethanol. This is expected to fuel the growth corn bio seeds. Soybean is another important product segment for bio seeds. It accounted for around 30% share of the total revenue generated in 2015. Sugar beets and canola are also likely to experience significant growth during the forecast period.
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The study provides a decisive view on the bio seeds market by segmenting the market based on product and region. Product includes soybeans, corn, sugar beets, canola and others. All the segments have been analyzed based on present and future trends and the market is estimated from 2015 to 2021. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Middle East and Africa with its further bifurcation into major countries including U.S. Germany, France, UK, China, Japan, India and Brazil.
The report covers detailed competitive outlook including company profiles of the key participants operating in the global market. Key players profiled in the report include DLF-Trifolium, Bayer Crop Science, and Land O' Lakes, Syngenta, Monsanto, Takii, Sakata and DuPont among others.
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This report segments the bio seeds market as follows:
Bio Seeds Market: Product Segment Analysis
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