How Seed Industry is positioned in the US?
USA is the
third largest country in the world by area of lands its holds under its
jurisdiction. An estimated more than ~ million acre of land is used for
cropland where multiple crops are grown over the year. Corn, Soybean and Wheat
are the three major crops by the area under cultivation. Together they
accounted for more than ~ million acres of land under cultivation in 2018.
Nebraska had the largest share of U.S. irrigated area followed by California.
The industry has been inculcated with an increasing role of private seed
companies, growing presence of multinational seed companies with an enhanced
focus on biotechnology and extensive changes in regulatory frameworks which
have affected the seed marketing and trade over the years. Majority of the
irrigation facilities are located in the western part of the country which
accounts for more than ~% of the irrigated land in the US. The United States
has an average of ~ million acres of farm land and about ~ million farms on an
average. 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 from ~ acres in 2012 to about ~
acres in 2018.
The major
grain crops in the US are planted during the period of May to July. Many major
US crops such as Cotton, Soybean and Corn are planted during the period. In
2018, more than ~- ~% of the US seed crops are planted using GM/GE/Hybrid
seeds.
The top five
companies merged with each other to form three large corporations. These
mergers were targeted with aim to integrate seed and crop protection business.
Major mergers and acquisitions between year 2016 and 2018 are Bayer-Monsanto at
USD ~ billion, BASF- Bayer at USD ~ billion, Dow-DuPont with a combined market
cap of USD ` billion, ChemChina- Syngenta at USD ~billion etc..
The revenue
at retail price generated from domestic sale of Seed
in the US Market increased from USD ~ billion in 2015 to ~ billion in
2018. The market was largely stagnant as it is highly matured and competitive.
How Soybean Seed Market Is Positioned in the
US?
USA ranks
first amongst the major producers of soybean in global soy markets with nearly
~% of the world’s soybean production.
In year
2018, total soybean planted in the US was about ~ million acres. The total area
planted showed a negative growth rate of ~ %. Illinois ranked first in the
maximum soybean plantation in the US with almost ~ million acres followed by
Iowa which planted about ~ million acres.
Overall
production of soybean in year 2017 was recorded at ~ million bushels valued at
around USD ~ million in 2018; the US produced approximately ~ million bushels
of soybean with the growth rate of ~%. The major Soybean-producing state of
Illinois harvested approximately ~ million bushels. In 2018 U.S. soybean
exports were projected down as approximately ~ million bushels.
US produced
~ million bushels of soybean seeds valued at USD ~ millions in year 2018 which
was less than year 2017.
The US
plants ~% of the total soybean as genetically engineered variety which are
mostly herbicide-tolerant.
State of
Mississippi plants ~% of GE variety which is followed by South Dakota and
Arkansas with ~% of GE plantation.
How Corn Seed Market Is Positioned in the US?
Corn or
maize is known to be an incredibly important crop in the US. Corn is the main
ingredient in the production of ethanol which is a gasoline additive. Corn is
planted and harvested in almost all 50 states of USA but the production is
primarily concentrated in the Northern and Midwestern states.
In 2018,
total corn planted in the US was about ~ acres. The total area planted showed a
negative growth rate of around ~ % when compared with the planted area in year
2017.
Overall
production of corn in year 2018 was recorded to be nearly ~ billion bushels
valued at around USD ~ million. In 2017, the US produced approximately ~
billion bushels of corn. The growth rate recorded was negative ~% in year 2018.
Corn production is concentrated in the Heartland region.
U.S.A. is the world's exporter of corn, with
production of ~ million bushels in year 2018.
The US Corn
seed industry revenue was valued at USD ~ million in years 2018 and nearly USD
~ million in 2017. It recorded a growth rate of approximately ~% in year 2018.
Corn seed price was estimated at about USD ~ per acre.
The US corn
crop market is largely genetically modified and plants ~% of the total corn as
genetically engineered variety which are mostly stacked gene varieties ~%)
which are combination of herbicide-tolerant (~%) and Insect-resistant (Bt)
(~%).
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 Farm
Ownership
Us Barley
Seed Market
US Rice Seed
Market
Commercial
Seed Market in US
US Irrigated
Land Statistics
US Non-
Irrigated Land
GM Seeds
Demand in US
Organic
Seeds Supply in US
Hybrid Seeds
Market in US
United
States of America Seed Market
USA Seed
Sales
Major Seed
Companies in US
Seed
Manufacturers in US
Seed
Producers in the US
Distribution
Channel US Seed Market
Developments
in US Seed Industry
Guidelines
US Seed
For more information on the research report,
refer to below link:
Related Reports
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Ankur Gupta,
Head Marketing & Communications
+91-9015378249
