Global Commercial Seeds Market Suppressed by Patent Monopoly.pdf

Global Commercial Seeds Market Suppressed by Patent Monopoly.pdf

  • Submitted By: amyjames
  • Date Submitted: 07/17/2016 11:58 PM
  • Category: Business
  • Words: 1630
  • Page: 7

Transparency Market

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

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Press Release
Global Commercial Seed Market to Rise at 9.90% CAGR from 2012 to
2018, Increasing Global Population Propels Growth

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Commercial Seeds Market


The global commercial seeds market will experience substantial growth in the coming few years in the
sectors of commercial seeds and biotech/genetically modified seeds. On the basis of ownership, the global
commercial seeds market is segmented into proprietary seeds and non-proprietary seeds. Seeds owned
and marketed by a company fall into the category of proprietary seeds and this sector held over 85% of
the market in 2011. On the other hand, non-proprietary seeds are the seeds bought and sold by local
farmers and plant breeders.
The market for bioseeds or genetically modified (GM) seeds has been experiencing steady growth in the
past few years. Furthermore, it is expected that newer varieties of GM seeds will be launched in the
coming few years.
Booming Global Population to Drive Global Commercial Seeds Market
The growth prospects of the global market for commercial seeds are bright due to several drivers. World
population is increasing at a rapid pace, which has resulted in a higher demand for food. Furthermore,
there is a high demand for animal feed, biofuels, and oleochemicals. This will in turn fuel the growth of the
global commercial seeds market. Another factor driving the global commercial seeds market is the
accelerating avenues of research and development for biotech seeds.
According to a market intelligence agency, the global commercial seeds market will expand...

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