Key Custom Selected Seed Market manufacturers are launching new products to cater to the growing demand for a variety of seeds. They are also adopting strategies such as mergers, acquisitions, partnerships, & collaborations to expand their presence
For instance
- In 2021, Bayer CropScience unveiled its new organic vegetable seeds to suit the needs of farms and the needs of customers. The company will focus on certified organic production in three key crops namely cucumber, tomato, and sweet pepper.
- In 2020, Bayer AG launched pre-launch trials of new tomato varieties in Mexico. The launched varieties are Roma-type tomatoes, which are resistant to Tomato Brown Rugose Fruit Virus (ToBRFV).
The Global Custom Selected Seed Market size is set to reach US$ 2,067,345.1 thousand in 2023. Over the next ten years, global custom selected seed sales will rise at 6.9% CAGR. This will propel the global market valuation to US$ 3,991,402.3 thousand by 2033.
Supercharge Your Knowledge: Dive into the Booming Custom Selected Seed Market with Our Sample Report! https://www.futuremarketinsights.com/reports/sample/rep-gb-16799
One of the key trends impacting the custom selected seeds market is the shift in agricultural practices worldwide. Adoption of precision farming is encouraging farmers to use custom selected seeds.
Farmers are showing a keen inclination towards purchasing custom selected seeds. This is due to rising awareness about the advantages of using improved seed varieties.
Custom selected seeds offer advantages over conventional seeds. This includes higher yields, improved nutritional quality, reduced crop damage, disease resistance, etc.
These seeds allow farmers to develop large quantities of high-quality agricultural products. For instance, in India, custom based seeds generated 30% of agricultural earnings in 2019, as per the World Bank Group. Driven by this, sales of custom selected seeds are set to rise at a robust pace.
Increasing global population and consequent increase in food demand will elevate demand worldwide. By using custom selected seeds, farmers can counter the rising food insecurity.
Adoption of advanced technologies by farmers for their day-to-day activities will boost market. Smart connected technologies such as ZigBee, low power wide area (LPWA), Wi-Fi, and additional wireless sensing technologies enable farmers to efficiently plan and execute various agricultural and farming operations. This includes weather forecasting, soil-testing and enriching techniques, and so on.
Rising investments in finding new methods to enhance agricultural productivity via the use of artificial intelligence and automation will support market development.
Personalized Intelligence: Request Customizations to Maximize Your Custom Selected Seed Market Potential! https://www.futuremarketinsights.com/customization-available/rep-gb-16799
Key Takeaways from the Global Custom Selected Seed Market Study
- Global custom selected seed sales are likely to surge at 6.9% CAGR between 2023 and 2033.
- By seed type, tomatoes segment dominates the market with a revenue share of about 55.3%.
- By cultivation method, controlled environment agriculture segment will expand at a healthy pace.
- North America is forecast to hold around 32.1% value share of the global market by the end of 2023.
- Custom selected seed demand across India is likely to rise at a healthy pace through 2033.
- China is set to emerge as one of the lucrative markets for custom selected seeds.
“Technologies related to agriculture fall under 4 key areas. This includes sensors, food, automation, and engineering. Technologies that extend the reach of agriculture to new means and new areas are quality seedling production, sowing, planting, festination techniques, and others. Use of these advanced technologies in agriculture will support expansion of the target market.” says an FMI analyst.
Speak with our analyst and get complete information on the report now!
https://www.futuremarketinsights.com/ask-question/rep-gb-16799
Who is Winning?
Key players are focusing on adopting various growth strategies such as mergers and acquisitions to sustain their position in the target market. For instance, recently in 2023, Italy-based Maraldi Sementi Srl acquired Denmark-based spinach breeding company DeSeed. De Bolster focuses on sustainable solutions and harnesses the power of GeNee Technology to increase the available planting rates of its tomato, pepper, and cucumber seeds.
Leading custom selected seed manufacturers include US Agriseeds, Emerald Seed Company, Hazera Seeds USA Inc., East West Seed Co., Antaris Seeds S.L., Bozhou Swanf Natural Product Co., Ltd., Shanghai Touchhealthy Biotechnology Co., Ltd, Hebei Shuangxing Seeds Co., Ltd., Beijing Mantian Seeds Co., Ltd., Bayer Group, Clover Seeds, AreoFarms, Durga Seed Farms, Genesis Seeds Ltd., Nirit Seeds Ltd., Sandia Seed Company, Tyler Farms, Anseme Srl, Tokita Seeds Co., Ltd., and Asia Seed Co., Ltd. among others.
Get More Valuable Insights
Future Market Insights, in its new offering, provides an unbiased analysis of the global custom selected seed market, presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.
The study divulges compelling insights on the global custom selected seed market based on seed type (tomatoes, peppers, cucumbers, lettuce, spinach, and strawberries), cultivation method (open field and controlled environment agriculture), and variant (commodity and premium) across several regions.
Global Custom Selected Seed Market by Category:
Seed Type:
- Tomatoes
- Peppers
- Cucumbers
- Lettuce
- Spinach
- Strawberries
Cultivation Method:
- Open Field (OF)
- Controlled Environment Agriculture (CEA)
- By Variant:
- Commodity
- Premium
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
About Future Market Insights, Inc.
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com
