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.
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 |
Details |
Report Title |
South America Seeds Industry Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021–2028 |
Segmentation |
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) |
Geographical Scope |
Argentina, Brazil, Uruguay, and Rest of South America |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Monsanto; KWS SAAT SE & Co.; Syngenta; Limagrain; and Pioneer Hi Bred International |
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.
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.
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.
The South America seed market is segmented on the basis of:
The key players competing in the canned food 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.
The South America seed market is segmented on the basis of:
The key players competing in the canned food 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.
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