The South America seeds industry market size is expected to expand at a high CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increasing seed companies’ investment in modern technique such as genetic engineering, market-assisted breeding with traditional breeding techniques for improvement of traits and establishment of novel traits.
Seed is embryonic plant with protective outer covering. The process of reproduction in seed plant forms a seed long with spermatophytes, including gymnosperm and angiosperm plants. Seed is product of the ripened ovule and fertilization by pollen. The COVID-19 pandemic has negatively impacted the certification, distribution, and production process and cost of seeds in the pandemic.

Market Trends, Drivers, Restraints, and Opportunities
- Rising food demand owing to increasing population is driving the market growth.
- Growing government support to farmers facing conditions such as salinity and drought is estimated to propel the growth of market.
- Growing use of biotechnology for development of nutritious crop varieties is one of the major drivers of the market.
- Farmer use of existing seeds from previous harvest to reduce expenditure on seeds can impede the market growth.
- Enhancement in research and development of new seed development techniques is anticipated to create lucrative opportunities in the seed industry.
Scope of Seeds Market Report
The South America seeds market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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South America Seeds Industry Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018–2019
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Forecast Period
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2021–2028
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Segmentation
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Products (GM Seeds, Varietal Seeds, and Non-GM/Hybrid Seeds), Crop Types (Pulses &Oilseeds [Sunflower, Canola, Pulses, Soybean, and Others], Cotton & Vegetables [Roots & Bulb, Solanaceae, Brassica, Cucurbit, and Other], Grains & Cereals [Rice, Wheat, Sorghum, Maize, and Others] and Others)
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Geographical Scope
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Argentina, Brazil, Uruguay, and Rest of South America
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Monsanto; KWS SAAT SE & Co.; Syngenta; Limagrain; and Pioneer Hi Bred International
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South America Seeds Market Segment Insights
GM Seeds segment to hold a major market share
In terms of products, the market is categorized as GM seeds, varietal seeds, and non-GM/hybrid seeds.
The GM Seeds segment is projected to expand at a considerable CAGR during the forecast period. GM Seeds increase the crop yield, vanishes the use of herbicides and pesticides, which in turn, increases the profit for farmers. GM seeds increase the antibiotic resistance of seeds. On the other hand, the rising food demand is driving the growth of the market segment.

Grains and oilseeds is anticipated to exhibit a high CAGR
On the basis of crop types, the market is segregated into pulses & oilseeds, cotton & vegetables, and grains & cereals.
The pulses & oilseeds segment is further classified as sunflower, canola, pulses, soybean, and others. The cotton & vegetables segment is divided into roots & bulb, solanaceae, brassica, cucurbit, and others. The grains & cereals segment is categorized as rice, wheat, sorghum, maize, and others. Grains and oilseeds is expected to hold a large market share during the forecast period.

Brazil is projected to expand at a considerable CAGR
Based on geography, the South America seeds market is categorized as Argentina, Brazil, Uruguay, and Rest of South America.
Brazil is expected to constitute a key share of the market during the projected period due to rising population and increasing demand for food. On the other hand, the market of Argentina is expected to grow at a healthy rate due to favorable government agricultural policies.
Segments
The South America seed market is segmented on the basis of:
Products
- GM Seeds
- Varietal Seeds
- Non-GM/Hybrid Seeds
Crop Types
- Pulses &Oilseeds
- Sunflower
- Canola, Pulses
- Soybean
- Others
- Cotton & Vegetables
- Roots & Bulb
- Solanaceae,
- Brassica
- Cucurbit
- Others
- Grains & Cereals
- Rice
- Wheat
- Sorghum
- Maize
- Others
Geography
- Argentina
- Brazil
- Uruguay
- Rest of South America
Key Players
Competitive Landscape
The key players competing in the South America seed market are Monsanto; KWS SAAT SE & Co.; Syngenta; Limagrain; and Pioneer Hi Bred International.
Companies are investing in increasing their production capacities and engaging in partnerships to expand their market share.