Increasing demand for biofuels and introduction of the latest technologies in farming to drive Europe seeds market. According to TechSci Research report, “Europe Seeds Market By Type (Hybrid, Genetically Modified, Varietal), By Crop Type (Cereals & Grains, Oilseeds & Pulses, Cotton, Fruits & Vegetables, Olericulture, Others), By Trait (Herbicide Tolerance, Insecticide Resistance, Others), By Availability (Farm Saved, Commercial), By Sales Channel (Direct, Indirect), By Seed Treatment (Treated, Non-Treated), By Country, Forecast & Opportunities, 2025”, the market is anticipated to undergo significant growth rate during the forecast period owing to increasing demand for food grains, oil seeds and vegetables around the world.
The Important Aspects of the Europe Seeds Market
Additionally, rapid population growth which has increased the demand for food by 70%, and changing diet patterns are some key factors driving the growth of the Europe seeds market. Furthermore, advancements in technology and the introduction of enhanced seed varieties are acting as major boosters for the growth of this market. Moreover, various advantages offered by enhanced varieties of seeds are compelling farmers to buy them more, and hence, the market is expected to grow substantially in the coming years.
Moreover, the growing adoption of sustainable agricultural practices is further supporting the growth of the seeds market. The rising concern about food safety is also acting as a major growth driver for this market. Apart from that, the availability of hybrid seeds and the advent of new breeding technologies are acting as a positive factors for fueling the seeds market. Moreover, with increasing expenditure and funds for the agricultural sector by governments, the market is poised to undergo healthy growth during the forecast period.
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The Europe seeds market is segmented based on type, crop type, trait, availability, sales channel, seed treatment, and region. Based on crop type, the market is further segmented into cereals & grains, oilseeds & pulses, cotton, fruits & vegetables, olericulture, and others. Among them, the cereals & grains segment is expected to dominate the Europe market during the forecast period owing to the growing consumption of grains as a staple food in many countries particularly, Asian and Southeast Asian countries. However, the fruits & vegetable segment is expected to undergo rapid growth owing to the increasing number of health and fitness-conscious population.
Based on type, the Europe seeds market is segmented into hybrid, genetically modified, and varietal. Among these, the hybrid seeds segment is expected to undergo the highest CAGR during the forecast period owing to the disease- and pest-resistant properties of these seeds. They are being adopted due to the continuous pressure for high crop production for food security. Moreover, the farmers are also aware of the benefits of using hybrid seeds and hence the segment is expected to undergo high demand.
Major players operating in the Europe seeds market includes
- Bayer Crop Science AG & Monsanto
- Syngenta AG & Sinochem
- E.I. du Pont de Nemours and Company
- BASF SE
- Groupe Limagrain
- Sakata Seed Corporation
- Corteva, Inc.
- Land O’Lakes, Inc.
- Takii & Co., Ltd
- Sakata Seed
- KWS SAAT SE & Co
- KGaA
- East-West Seed International
- Beidahuang Kenfeng Seed
- Nuziveedu Seeds Limited
- Kaveri Seed Company Limited
- DLF Seeds & Science
- Barenburg, UPL Ltd
- Beidahuang Kenfeng Seed, and Invivo. Leading companies are investing in new technologies to bring a new variety of crops that give greater yield and productivity.
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“Asia-Pacific is acting as a favorable market for seed manufacturing companies and the region is expected to undergo rapid growth until 2025. Additionally, the growing population in countries such as China and India is creating a huge demand for food and hence, there is a growing need for a higher-yield variety of seeds. The market is witnessing increasing seed replacement rates, particularly in crops such as maize, rice, and vegetables. This is expected to act as a major driver for the growth of the Europe seeds market,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“Europe Seeds Market By Type (Hybrid, Genetically Modified, Varietal), By Crop Type (Cereals & Grains, Oilseeds & Pulses, Cotton, Fruits & Vegetables, Olericulture, Others), By Trait (Herbicide Tolerance, Insecticide Resistance, Others), By Availability (Farm Saved, Commercial), By Sales Channel (Direct, Indirect), By Seed Treatment (Treated, Non-Treated), By Country, Forecast & Opportunities, 2025” has evaluated the future growth potential of Europe seeds market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Europe seeds market.
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