NEW YORK, Oct. 18, 2023 /PRNewswire/ -- The US - seeds market is estimated to grow by USD 10.42 billion from 2022 to 2027, growing at a CAGR of 8.12%. The seeds market in US is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer seeds market in US are Ahern Agribusiness Inc., BASF SE, Bayer AG, Bejo Zaden BV, BHNSeed, Burrell Seed Growers LLC, Central Garden and Pet Co., China National Chemical Corp. Ltd., Emerald Seed Co., Fruition Seeds LLC, Great American Seed Up, Johnnys Selected Seeds, Kagome Co. Ltd., Mars Inc., Origene Seeds Ltd., Renees Garden Seeds, Sakata Seed Corp., Takii and Co. Ltd., The Living Seed Co. LLC, and W. Atlee Burpee and Co. The report provides a full list of key companies, their strategies, and the latest developments. Buy a report!
Company Offering:
- Ahern Agribusiness Inc. - The company offers seeds such as hot pepper and tomato seeds.
- BASF SE - The company offers seeds such as flower seeds.
- Bayer AG - The company offers seeds such as vegetable seeds.
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- Impactful driver- Growth in the adoption of GM seeds in the US
- Key Trend - Growth in consolidation in the seeds market in US
The rise in prominence of digital technology in agriculture is an emerging seed market trend in the US. The growing adoption of Internet of Things (IoT) devices and analytics among farmers and food producers due to the advent of digital technology in agriculture. For instance, Parrot Drones SAS offers digital technology such as multispectral sensors, which helps simplify data collection and enable monitoring and analytics for farmers and food producers. - Major Challenges - Regulatory constraints
Market Segmentation
- By Product, the GM seeds segment is significant during the forecast period. These are genetically modified or engineered seeds injected with genes from other plant variants to incorporate favorable traits. GM seeds' features include resistance to diseases, insecticides, and pesticides and tolerance to adverse weather conditions, including frost.
Technavio Research experts have provided more insights on the market share of segments - View a Free Sample Report
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Seeds Market In US Scope |
|
Report Coverage |
Details |
Historic period |
2017-2021 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.12% |
YoY growth 2022-2023 (%) |
7.76 |
TOC:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
About US
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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