“Adoption of GM/GE seeds for cultivating Corn and Soybean will be the key
driver for commercial seed market in the US. The trend is expected to remain
the same in the next few years.”
The US seeds market is in the
matured stage and has shown a positive growth in the period 2013-2018. Corn
Soybean and Vegetable and Seed Market are the three largest segments of the US
Seed industry. Corn seed segment dominates the US seed market with innovations
in seed and its traits for better yield and germination rates which ensures its
maximum growth. USA ranks first amongst the major producers of soybean in
global soy markets with nearly a third of the world’s soybean production. Major
agricultural states include California, Texas, Illinois, Nebraska and Iowa. The
US organic sector continues its upward trajectory, gaining new market share and
shattering records as consumers are using more organic products than ever
before. Organic food now accounts for 5.5% of total food sales in the US and
the seeds are sold at premium. The US is the largest market for organic food in
2018.
More than 5 million Acre of organic
farm land was there in the United States in year 2018 with an average growth
rate of 3%. Organic acreage is increasing in most areas of the US, while
transitioning to organic corn and soybean acreage is challenging in some Corn
Belt areas.
In the matured markets like that of
the US, farm mechanization covers 100% large sized lands. Farms have become
more specialized and mechanized by the year 2018 due to which the number of
commodities produced per farm has decreased, the average farm size increased by
approximately 2.5%in 2018.
The top five companies merged with
each other to form three large corporations. These mergers were targeted with
an aim to integrate seed and crop protection business. The seed market is
characterized by moderate competition due to the presence of a number of large-
and small-scale firms. The market is dominated by players such as The Monsanto
Company (Bayer Group), Dow DuPont Inc., Syngenta Seeds, and Agreliant Genetics.
These collectively accounted for the largest portion of the seed market in
2018. New product launches, acquisitions, agreements, and expansions are the
key strategies adopted by players to ensure their growth in this market.
The report titled, “US Seed Market Outlook to 2023 By Type of Seed (Corn,
Soybean, Cotton, Wheat, Sorghum, and Vegetables) and By Technology
(GM/GE/Hybrid and Open Pollinated)” by Ken Research observed that the
innovations in product development and R&D in gene technology such as
launch of various new and improved GM seeds and traits will complement the
conventional seed use and it will have positive impact on the overall seed and
agriculture market.
Key Segments
Covered
By Type of
Crop
Corn
Soybean
Cotton
Sorghum
Wheat
Rice
Oats
Vegetable and Fruit Seeds
Based on
Type:
Conventional seed
GM/ Hybrid seed
Based on
Geography:
California
Texas
Nebraska
Illinois
Iowa
Minnesota
Kansas
Indiana
Wisconsin
North Carolina
Other states
Key Target
Audience
Seed Manufacturers
Associations and industrial bodies
Agricultural institutes and universities
Regulatory institutions
Agricultural Seed Distributors
Government Agencies
NGO’s Supporting Agricultural Growth and
Activities
Venture Capitalists
Online Sales and Retailing Agencies
Time Period
Captured in the Report:
Historical
Period:
2013-2018
Forecast
Period:
2019-2023
Companies
Covered:
Bayer Group (Monsanto Company)
Dow DuPont Inc.
Syngenta Seeds, LLC
Agreliant Genetics, LLC
Key Topics
Covered in the Report
US Seed Market
Seed Market in US
US Seed Industry Revenue
US Seed market by Type
Seed Products in US
Seed Sales in US
Seed Marketing in US
Seed Demand in the US
US Seed Patent Process
Seed Supply in the US
Mechanization in the US Agriculture
US Soybean Seed Market
US Farm Structure
US Farm Ownership
US Rice Seed Market
Organic Seed Market in US
Commercial Seed Market in US
Distribution of Seeds in US
US Irrigated Land Statistics
US Non- Irrigated Land
Seed Retailing in the US
GM Seeds Demand in US
Organic Seeds Supply in US
Hybrid Seeds Market in US
Market Share Bayer Seed America
United States of America Seed Market
USA Seed Sales
List of Seed Companies in US
Major Seed Companies in US
Seed Manufacturers in US
Seed Producers in the US
Distribution Channel US Seed Market
Guidelines US Seed
Opportunity US Seed Market
For more
information on the research report, refer to below link:
Related
Reports
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249
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