Amid the COVID-19 crisis and the looming economic recession, the Seeds market worldwide will grow by a projected US $29.2 Billion, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 6.4%. Cereals & Grains, one of the segments analyzed and sized in this study, is forecast to grow at over 7.3% and reach a market size of US $32.3 Billion by the end of the analysis period.
The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Cereals & Grains market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.
As part of the new emerging geographic scenario, the United States is forecast to readjust to a 5.1% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US $885.2 Million to the region's size over the next 7 to 8 years. In addition, over US $846 Million worth of projected demand in the region will come from Rest of European markets. In Japan, the Cereals & Grains segment will reach a market size of US $1.3 Billion by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Seeds market.
Against this backdrop and the changing geopolitical, business and consumer sentiments, the world's second largest economy will grow at 10.6% over the next couple of years and add approximately US $7.8 Billion in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Seeds market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include, among others are:
AgReliant Genetics LLC
Bayer AG
Bejo Zaden B.V
Canterra Seeds
China National Seed Group Corporation
DLF
DLF Pickseed USA
Dow AgroSciences LLC
DuPont Pioneer
Enza Zaden
Gansu Dunhuang Seed Co. Ltd.
Groupe Limagrain Holding SA
Hefei Fengle Seed Co. Ltd.
Hunan Xiangyan Seed Industry Co. Ltd.
Krishidhan Seeds Private Ltd.
KWS SAAT SE
Land O`Lakes Inc.
Lantmnnen SW Seed AB
Monsanto Company
Mycogen Seeds
Nuziveedu Seeds Ltd.
Rasi Seeds (P) Ltd.
Rijk Zwaan Zaadteelt en Zaadhandel B.V.
Sakata Seed Corp.
Syngenta AG
Takii & Company Limited
The Scotts Miracle-Gro Company
UPL Limited
Vilmorin & Cie
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Seeds: Most Critical Production Resource in the Agriculture-Food Value Chain
Recent Market Activity
Seeds: An Evolutionary Scan over the Years
The Vital Need to Feed the Expanding Global Population Provides the Foundation for Seed Market Growth
Global Food Scenario: Key Facts
Demand for Food to Witness Exponential Increase
Climate Change and Scarcity of Resources: Major Agricultural Production Impediments
Nutrient-Dense Seeds for Enhancing Crop Yield: Need of the Hour
Global Food and Feed Production: A Regional Addressable Market Perspective
Asia-Pacific: Dominant Region Worldwide in Terms of Cropped Area
Europe: Leading Producer and Exporter of Major Agricultural Products Worldwide
North America: Largest GM Crops Market in the World
Latin America: Brazil & Argentina to Play a Major Role in Global Agricultural Trade
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