A recent report published by Infinium Global Research on the bio-seeds market provides an in-depth analysis of segments and sub-segments in the global as well as the regional bio-seeds market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional bio-seeds market over the short term as well as the long term. The report is a comprehensive presentation of trends, forecasts, and dollar values of the global bio-seeds market. According to the report, the global bio-seeds market is projected to grow at a significant CAGR over the forecast period of 2022-2028.
Biotechnology is used to create organic seeds, often known as genetically modified (GM) seeds, by adding desired genes into the seeds' bodies. Different countries' pharmaceutical industries have declined as a result of rapid development. The advent of organic seeds provided the greatest possible remedy, which has become increasingly popular since its inception. In many different countries, rapid urbanization has reduced the amount of land that may be used for farming. Therefore, the industry has been concentrating on developing crops with optimum yields in the shortest amount of time and land in order to satisfy the growing food demand from the available farmable space.
The market for bio-seeds has expanded as a result of rising government agency advocacy for bio-seeds in many different countries. Additionally, a large number of businesses active on the global market are producing new varieties of bio-seeds, which has fueled the market expansion. Over the projected time, it is expected that the worldwide bio-seeds market would expand significantly. The demand for bio-seeds that produce the best outcomes for the crop has been driven by the world's expanding population and declining amount of arable land. In addition to increased urbanization, the rising population has also resulted in rising food demand. Bio-seeds, commonly referred to as genetically modified (GM) seeds, are created by applying biotechnology to introduce desired genes into the body of the seed. In many different countries, the amount of farmable land has been declining due to growing urbanization. Therefore, the industry has been concentrating on developing crops with optimum yields in the shortest amount of time and land in order to satisfy the growing food demand from the available farmable space. However, one of the main challenges impeding the market's growth has been a lack of knowledge about the advantages offered by bio-seed in poor economies.
The market for biological seed treatment in North America is expected to hold a significant share of the market owing to the increasing demand for high-quality agricultural produce in the region. Additionally, the increasing demand for organic products that do not employ chemical seed treatment, is also expected to drive the demand for the product in the region. The Asia-Pacific region offers a substantial potential for market growth due to rapid growth in developing markets such as China and India. Growing population and urbanization coupled with decreasing farmable land across the Asia Pacific region are boosting the demand in the region.
The report on the global bio-seeds market covers segments such as type, and trait type. On the basis of type, the sub-markets include soya bean, maize cotton, canola, sugar beet, and others. On the basis of trait type, the sub-markets include herbicide tolerant, insect resistant, and others.
The report provides profiles of the companies in the market such as Bayer AG, Corteva, Inc., Syngenta AG, BASF SE, Nong Woo Bio, KWS SAAT SE & Co. KGaA, Kaveri Seeds, Rasi Seeds (P) Ltd., DLF Seeds A/S, and Others.
The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the bio-seeds market. Moreover, the study highlights current market trends and provides forecasts from 2022-2028. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings insight into the market share of the leading players.
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