London, 04 August 2015 – Technavio has published a new report on the seeds market in Europe, which is expected to grow at a CAGR of almost 11% from 2015-2019.
About the Report
As per the latest report by Technavio, genetically modified (GM) seeds represented nearly 50% of the global seeds market in 2012. Increased demand for food production and the rise in agricultural challenges has paved the way for the adoption of high-quality, high-performing genetically engineered (GE) and hybrid seeds.
“Although traditional seeds occupy the larger market share, biotech seeds with better traits are gaining popularity and acceptance among farmers,” says Faisal Ghaus, Vice President of Technavio.
The latest report by Technavio also discusses seeds with advanced traits, which have herbicide, insecticide, and disease resistance, abiotic stress tolerance, and modified quality pollination control systems.
“Rise in the cultivation of hybrid soybean and corn seeds drives the market growth as these seeds are highly resistant to pests and herbicides,” adds Ghaus.
Market Scope and Calculation of Market Size
The new Technavio report covers the present scenario and growth prospects of the seeds market in Europe from 2015-2019. To calculate the market size, the report considers revenue generated through the sales of grain seeds, oilseeds, fruit and vegetable seeds, and other seeds in the market.
Key Information Covered in the Report:
Key Vendors:
- Bayer CropScience AG
- Dow Chemical Co. (Dow)
- E.I. du Pont de Nemours and Co. (DuPont)
- Monsanto Co.
- Syngenta AG
Market Growth Drivers:
- Increased Adoption of GE Seeds
- For a full detailed list, view our report.
Market Challenges:
- Apprehension Regarding GM Crops
- For a full detailed list, view our report.
Market Trends:
- Growth in Consumption of Seed with Advanced Traits
- For a full detailed list, view our report.
https://www.technavio.com/%3Cp%3E%3Cstrong%3E%3Ca%20href%3D%22http%3A//ww…
