Press release
Understanding and Analyzing the market segmentation, trends and forecasting in Asia-Pacific Seed Market
“Asia-Pacific Seed Market" research report published by Market Data Forecast estimates that the market is growing with a CAGR of 11.28% to reach USD 29.70 billion by 2021, from USD 19.21 billion in 2016, which amounts to a cumulative growth of USD 10.49 billion.View report at http://www.marketdataforecast.com/market-reports/asia-pacific-seed-market-526/
Seed marketing is one of the most vital mechanisms of seed technology. On it depends the size and scope of the seed industry. It includes such activities as processing, production, storage, quality control and marketing of seeds. In the narrow sense, however, seed marketing refers to the actual actual acquisition and selling of packed seeds, intermediate storage, delivery and sales promotional activities. In the present context, our discussion is limited to seed marketing in the narrow sense. The Seed market is developing at a significant rate due to the rising demand for food and feed and rapid decline in arable land.
Farmers count on the seed industry to provide seeds that bring high yields and help reduce the cost of production. The global concerns about pollution are driving the increase in the use of biofuels.
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The report also presents detailed analysis of multitude of factors affecting Asia-Pacific Seed Market bearing either positive or negative outcomes. Some of those factors are
•increasing consumption of animal fodder, and
•growing need for commodities such as vegetable oil.
•Increasing population in this part of the world is also supporting the growth of the Asia-Pacific Seed market.
•Volatile economies and lack of awareness
•Concerns over Genetically Modified.
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For granular level understanding, the Asia-Pacific Seed Market is segmented based on crop type and application each being provided with Market Size Estimations and Y-o-Y Forecasts. On the basis of Crop type, the global Seed market is segmented into Oilseed, Grain seed, Fruit & Vegetable, and Other seed. Oilseed includes soybean, sunflower, cotton, canola; Grain seed includes corn, wheat, rice, millet crops; Fruit & Vegetable includes tomato, melon, carrot, onion, pepper, lettuce; Other seeds include alfalfa, turf, clover & forage plants, and flower seed. On the basis of Seed trait, the market is segmented into Herbicide Tolerant, Insect Resistant, and Other Stacked Traits. The Grain seed segment leads the seed market, with corn having the largest share followed by soybean.
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The Asia-Pacific region is geographically segmented into China, India, Japan, South Korea, and Australia. This region offers substantial opportunities for the Seed market, with China and India being the most populous countries in this region contributing to the increasing demand. China leads the market in this region.
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The major companies dominating the market in this region are Monsanto, DuPont, Syngenta, AG, Dow AgroSciences LLC, Land O’Lakes Inc., and Bayer Crop Science. Existing companies such as Monsanto and Syngenta have been actively involved in the acquisition of regional players to strengthen their market presence.
The seed market is hindered as the GM seeds are relatively more expensive than normal seeds in developing countries like India. This region accounts for about 30% of the global market and is expected to be one of the fastest growing market during the forecast period. China is the second largest seed market in the world after U.S. Indonesia, Vietnam, and Malaysia, are some of the promising players in this market.
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The Asia-Pacific Seed Market report offers wide-range of scope:
•Regional and country-level analysis that provides an individual perspective of Asia-Pacific region and the aforementioned countries
•Know more about key areas of industry growth via detailed Segment-level analysis on basis of crop type and application with market size forecasts and y-o-y estimations
•Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
•Strategic Analyses containing PESTLE and Porter’s Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics
•Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview
•Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
•Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market
For more reports related to the Asia-Pacific Seed Market:
Asia-Pacific Seed Market: http://www.marketdataforecast.com/market-reports/asia-pacific-seed-market-526/
Asia-Pacific Chia Seeds Market: http://www.marketdataforecast.com/market-reports/asia-pacific-chia-seeds-market-1605/
Asia-Pacific Hybrid Seeds Market: http://www.marketdataforecast.com/market-reports/asia-pacific-hybrid-seeds-market-2040/
Asia-Pacific Forage Seeds market: http://www.marketdataforecast.com/market-reports/asia-pacific-forage-seeds-market-607/
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
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Abhishek Shukla
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Market Data Forecast
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Mail: abhishek@marketdataforecast.com
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