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United States Seed Market - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2028

United States Seed Market - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2028

  • Publish Date:January 2023

  • Number of Pages:429

  • Report ID:6381391

  • Format:PDF

  • Publisher:Mordor Intelligence LLP

$ 4750

Summary

The United States Seed Market is projected to register a CAGR of 3.58%

Key Highlights
Largest Segment by Crop Family - Grains & Cereals : It is the largest segment as the United States is one of the largest producers of corn and wheat globally and has higher adoption of improved cultivars and transgenic hybrids.
Largest Segment by Breeding Technology - Hybrids : It is due to the majority of area under transgenic hybrids in the case of corn, soybean, alfalfa, and canola. Also, higher adoption of non transgenic hybrids in other crops.
Fastest-growing Segment by Crop Family - Pulses : It is the fastest growing segment in the region because of the increasing demand for pulses as they are a rich source of protein and the development of improved varieties.
Fastest-growing Segment by Breeding Technology - Hybrids : Due to the inherent characteristics such as high vigor, resistance to biotic and abiotic stresses, high yielding and uniform maturity, the hybrid segment is growing fastest.

Key Market Trends

Hybrids is the largest segment by Breeding Technology.

In the United States, hybrid seeds accounted for 83% of the total seed market, while open-pollinated varieties and hybrid derivatives accounted for only 17% in 2021, mainly due to the enhanced yield and disease resistance offered by hybrids.
Among the hybrids, corn is the major crop sown in the country, and hybrid seeds contributed almost 91% of the total US corn seed market in 2021, mainly due to increased double-cross hybrids and demand from livestock producers as forage.
The use of transgenic hybrids is increasing in the market due to the increasing demand for animal feed and demand from the processing industry to produce corn starch, soybean oil, canola oil, sugar, etc. This demand is compensated by GMO hybrids.
In 2021, in terms of commercial seed cultivation area, hybrids accounted for 83%, while OPVs accounted for 17% in the United States.? Therefore, the seed market is expected to grow due to the growing hybrid usage during the forecast period.
However, the increasing low-cost open-pollinated varieties, their adaptability to different climatic conditions, and the reduced timely availability of hybrids in all the crops are boosting the demand for open-pollinated varieties in the country.
An increase in the livestock production and consumption of meat in the country, increasing demand for disease and pest-resistant varieties, and increasing organic farming and consumption of organic products are driving the demand for new types of hybrids and open-pollinated seeds in the country.

Competitive Landscape

The United States Seed Market is moderately consolidated, with the top five companies occupying 51.42%. The major players in this market are BASF SE, Bayer AG, Corteva Agriscience, Land O’Lakes, Inc. and Syngenta Group (sorted alphabetically).

Additional Benefits:

The market estimate (ME) sheet in Excel format
3 months of analyst support

Table of contents

1 EXECUTIVE SUMMARY & KEY FINDINGS

2 REPORT OFFERS

3 INTRODUCTION
3.1 Study Assumptions & Market Definition
3.2 Scope of the Study?
3.3 Research Methodology

4 KEY INDUSTRY TRENDS
4.1 Area Under Cultivation
4.2 Most Popular Traits
4.3 Regulatory Framework
4.4 Value Chain & Distribution Channel Analysis

5 MARKET SEGMENTATION
5.1 Breeding Technology
5.1.1 Hybrids
5.1.1.1 Non-Transgenic Hybrids
5.1.1.2 Transgenic Hybrids
5.1.1.2.1 Herbicide Tolerant
5.1.1.2.2 Insect Resistant
5.1.1.2.3 Other Traits
5.1.2 Open Pollinated Varieties & Hybrid Derivatives
5.2 Cultivation Mechanism
5.2.1 Open Field
5.2.2 Protected Cultivation
5.3 Crop Type
5.3.1 Row Crops
5.3.1.1 Fiber Crops
5.3.1.1.1 Cotton
5.3.1.1.2 Other Fiber Crops
5.3.1.2 Forage Crops
5.3.1.2.1 Alfalfa
5.3.1.2.2 Forage Corn
5.3.1.2.3 Forage Sorghum
5.3.1.2.4 Other Forage Crops
5.3.1.3 Grains & Cereals
5.3.1.3.1 Corn
5.3.1.3.2 Rice
5.3.1.3.3 Sorghum
5.3.1.3.4 Wheat
5.3.1.3.5 Other Grains & Cereals
5.3.1.4 Oilseeds
5.3.1.4.1 Canola, Rapeseed & Mustard
5.3.1.4.2 Soybean
5.3.1.4.3 Sunflower
5.3.1.4.4 Other Oilseeds
5.3.1.5 Pulses
5.3.2 Vegetables
5.3.2.1 Brassicas
5.3.2.1.1 Cabbage
5.3.2.1.2 Carrot
5.3.2.1.3 Cauliflower & Broccoli
5.3.2.1.4 Other Brassicas
5.3.2.2 Cucurbits
5.3.2.2.1 Cucumber & Gherkin
5.3.2.2.2 Pumpkin & Squash
5.3.2.2.3 Other Cucurbits
5.3.2.3 Roots & Bulbs
5.3.2.3.1 Garlic
5.3.2.3.2 Onion
5.3.2.3.3 Potato
5.3.2.3.4 Other Roots & Bulbs
5.3.2.4 Solanaceae
5.3.2.4.1 Chilli
5.3.2.4.2 Eggplant
5.3.2.4.3 Tomato
5.3.2.4.4 Other Solanaceae
5.3.2.5 Unclassified Vegetables
5.3.2.5.1 Asparagus
5.3.2.5.2 Lettuce
5.3.2.5.3 Okra
5.3.2.5.4 Peas
5.3.2.5.5 Spinach
5.3.2.5.6 Other Unclassified Vegetables

6 COMPETITIVE LANDSCAPE
6.1 Key Strategic Moves
6.2 Market Share Analysis
6.3 Company Landscape
6.4 Company Profiles
6.4.1 BASF SE
6.4.2 Bayer AG
6.4.3 Bejo Zaden B.V.
6.4.4 Corteva Agriscience
6.4.5 DLF
6.4.6 Groupe Limagrain
6.4.7 KWS SAAT SE & Co. KGaA
6.4.8 Land O'Lakes, Inc.
6.4.9 Sakata Seeds Corporation
6.4.10 Syngenta Group
6.4.11 Takii and Co.,Ltd.

7 KEY STRATEGIC QUESTIONS FOR SEEDS CEOS

8 APPENDIX
8.1 Global Overview
8.1.1 Overview
8.1.2 Porter's Five Forces Framework
8.1.3 Global Value Chain Analysis
8.1.4 Global Market Size and DROs
8.2 Sources & References
8.3 List of Tables & Figures
8.4 Primary Insights
8.5 Data Pack
8.6 Glossary of Terms

Companies Mentioned
 - BASF SE
- Bayer AG
- Bejo Zaden B.V.
- Corteva Agriscience
- DLF
- Groupe Limagrain
- KWS SAAT SE & Co. KGaA
- Land O'Lakes, Inc.
- Sakata Seeds Corporation
- Syngenta Group
- Takii and Co.,Ltd.

Methodology

Our market research methodology is designed to provide the clients with comprehensive and accurate information on various industries and markets. It includes data collection, primary interviews, macro-economic factor analysis, country-level data analysis etc.

The data is gathered from a wide range of sources, including industry reports, government statistics, and company financials. This data is then analyzed and cross-referenced to ensure its accuracy and reliability. Next, primary interviews are conducted with industry experts and key stakeholders to gather their insights and perspectives on the market. This information is then combined with the data collected to provide a complete picture of the market. Macro-economic factor analysis is also carried out to understand the impact of external factors on the market. Finally, country-level data analysis is performed to understand the market dynamics in specific regions and countries.

Reportlinker's market research methodology is designed to provide clients with a clear understanding of the market, its trends, and its future potential.