Commercial Seeds Market: Genetically Modified Seeds to Contribute Substantially to Global Revenues by 2018, says TMR

Commercial Seeds Market: Genetically Modified Seeds to Contribute Substantially to Global Revenues by 2018, says TMR

  • Submitted By: amyjames
  • Date Submitted: 09/13/2016 4:20 AM
  • Category: Business
  • Words: 1677
  • Page: 7

Transparency Market
Research

Commercial Seeds Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2012 – 2018

Published Date
11-07-2013

82 Page Report

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Press Release
Commercial Seeds Market: Genetically Modified Seeds to Contribute
Substantially to Global Revenues by 2018, says TMR

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Commercial Seeds Market

REPORT DESCRIPTION

The global commercial seeds market is fairly consolidated with the top four companies accounting for 55%
of the market in 2011. Key players in the market are agricultural biotechnical corporations who have
extensive research expertise, Transparency Market Research (TMR) states in its new report. These include:
Monsanto, DuPont Pioneer, Syngenta, Vilmorin, and Bayer AgroScience. Exclusive agreements between
seed companies and farmers are resulting in an intense competitive scenario within the global commercial
seeds market. The threat of substitutes is likely to remain low as there exists merely the threat of internal
substitution of conventional seeds by bioseeds. The threat of new entrants is expected to rise from low to
medium over the coming years.
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According to the report, the global commercial seeds market is expected to rise from US$43.81 bn in 2015
to US$53.32 bn by 2018. On the basis of geography, North America, closely followed by Asia Pacific is
expected to lead in the global commercial seeds market. North America is also expected to remain the
dominant segment, accounting for 31% of the global genetically modified (GM) seeds market. By product,
the maize segment is expected to remain the lead and account for 45.5%...

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