The global hybrid seeds market is anticipated to grow at a considerable CAGR of around 8.5% during the forecast period (2024-2031). Several new product innovations and modernization of agriculture are factors that are propelling the global hybrid seeds market to grow at an extensive rate. Various companies in the agriculture seeds are market are developing the new hybrid seeds for various crops and in different duration that are supporting market are launching them in the market for the growth. For instance, in January 2022, Nuziveedu Seeds has launched a new hybrid Bajra ‘Sunmax’ and it would benefit the farmers this new hybrid variety of Bajra ‘Sunmax’ would give more benefit to the farmers as its hybrid seeds give more fodder with good yield and owing to the good quality of the grain, it is tastier in food and more marketable. Moreover, this seed has encouraged the farmers to do modern scientific farming and informed them about the management of diseases and pests and fertilizer management in time. Furthermore, the length of the plant of this variety is seven to eight feet and these Bajra hybrid seeds are solid the grains are also more in each ear head, and it will be good for health also.
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Moreover, in October 2019, BASF SE and NRGene (Israel) announced a research collaboration that includes the adoption of NRGene’s cloud-based artificial intelligence (AI) technology into BASF soybean research projects. Similarly, June 2019, KWS SAAT SE signed an agreement to acquire Pop Vriend Seeds (Netherlands). This would help the company to enter the vegetable seed market.
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Market Coverage
Segment Covered-
- By Crop
- By Fruits and Vegetables Crops
- By Duration
- By Seed Treatment
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- BASF SE, Bayer AG, Emerald Seed Co., IMPERIAL SEED, Land O’Lakes, Inc., Rallis India Ltd., Royal Barenbrug Group, Sakata Seed America, others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Hybrid Seeds Market Report Segment
By Crop
- Cotton
- Corn, Rice
- Millet
- Sunflower
- Sorghum
By Fruits and Vegetables
- Tomato
- Okra
- Chilli
- Cauliflower
- Cabbage
- Gourds
- Others
By Duration
- Short-Term
- Medium-Term
- Long-Term
By Seed Treatment
- Treated
- Untreated
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