Maize Seed Market | Growth, Trends, and Forecast (2018-2023)
Global Maize Seed Market - Segmented by Geography - Growth, Trends, and Forecast (2019 - 2024)

PUBLISHED

APR 2018

Global Maize Seed Market - Segmented by Geography - Growth, Trends, and Forecast (2019 - 2024)

Purchase Report

The global maize seed market is expected to record a robust CAGR of 5.5% during the forecast period 2018-2023. The analysis indicates that new product launches and product development are the most adopted strategies by major players in the industry. For instance, Syngenta introduced 10 new NK corn hybrids in the United Kingdom during 2017. Similarly, Advanta Seeds added new Phoenix corn hybrids in the United States in 2015. DuPont Pioneer also released 57 new corn hybrids for the 2017 planting season. To inflate market share and acquire new technology, especially IPRs, companies show their interest in acquisition in this industry. The mega merger between Bayer and Monsanto has changed the industry dynamics and such mergers are likely to result in a more consolidated market.

Expansion of Poultry & Animal Feed Sector

The growing meat industry is creating a demand for more cereals, especially maize and soybean, as both are highly nutritive in terms of protein. Corn is also the primary feed grain in the United States, accounting for more than 95% of the total feed grain production and use. More than 90 million acres of crop are grown for maize production, primarily used for livestock and feed purpose. While the number of field farms for corn has declined in recent years, the acreage per corn farm has increased.

Africa is the Region Experiencing Fastest Growth

Maize is one of the most important and widely grown crops in South Africa. North America is the largest market for agricultural testing. Currently, 70-80% of all the maize consumed in South Africa is genetically modified, and it is the only country in the world whose staple is primarily GMO.

                                      

Major Players: Syngenta International, Bayer Cropscience, DowDuPont, Advanta Seeds, and Monsanto Company, among others.

Reasons to Purchase the Report

  • Identify the dominating and the fastest growing regions in the global maize seed market and their growth trends during the forecast period
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis
  • To understand the regions that are expected to witness fastest growth during the forecast period
  • Identify the latest developments, market shares, and strategies employed by the major market players
  • 3 month analyst support, along with the Market Estimate sheet (in Excel)

Customization of the Report

  • This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.

1. Introduction

                1.1 Market Definition

                1.2 Key Findings of the Study

2. Research Scope & Methodology

                2.1 Study Deliverables

                2.2 Study Assumptions

                2.3 Research Methodology

                2.4 Research Phases

3. Market Dynamics

                3.1 Drivers

                                3.1.1 Expansion of Area under Maize Plantations

                                3.1.2 Genetic Customizations and Technological Developments in the form of Hybrids

                                3.1.3 Rising Demand for Corn as Human Food and Starch in Industrial Sector

                                3.1.4 Expanding Demand from Poultry and Animal Feed Sector

                3.2 Restraints

                                3.2.1 Rising Concerns over  GM Seeds

                                3.2.2 Years Involved  in Development of New Traits

                                3.2.3 Lower Prices Affecting Profitability

                3.3 Porter's Five Forces Analysis

                                3.3.1 Bargaining Power of Suppliers

                                3.3.2 Bargaining Power of Buyers

                                3.3.3 Threat of New Entrants

                                3.3.4 Threat of Substitute Products and Services

                                3.3.5 Degree of Competition

4. Market Segmentation

                4.1 By Geography

                                4.1.1 North America

                                                4.1.1.1 US

                                                4.1.1.2 Canada

                                                4.1.1.3 Mexico

                                                4.1.1.4 Rest of North America

                                4.1.2 Europe

                                                4.1.2.1 Germany

                                                4.1.2.2 UK

                                                4.1.2.3 France

                                                4.1.2.4 Spain

                                                4.1.2.5 Italy

                                                4.1.2.6 Rest of Europe

                                4.1.3 Asia-Pacific

                                                4.1.3.1 China

                                                4.1.3.2 Japan

                                                4.1.3.3 India

                                                4.1.3.4 Indonesia

                                                4.1.3.5 Australia

                                                4.1.3.6 Rest of Asia-Pacific

                                4.1.4 South America

                                                4.1.4.1 Brazil

                                                4.1.4.2 Argentina

                                                4.1.4.3 Rest of South America

                                4.1.5 Africa

                                                4.1.5.1 Egypt

                                                4.1.5.2 South Africa

                                                4.1.5.3 Rest of Africa

5. Competitive Landscape

                5.1 Most Adopted Strategies

                5.2 Most Active Companies in the Past Five Years

                5.3 Market Share Analysis

6. Company Profiles#

                6.1 Advanta Seeds

                6.2 Bayer CropScience AG

                6.3 China National Seed

                6.4 CP Seed

                6.5 DLF Trifoliu

                6.6 DowDuPont

                6.7 Groupe Limagrain

                6.8 Hefei Fengbao

                6.9 ICI Seeds

                6.10 Monsanto Company

                6.11 Nuziveedu Seeds

                6.12 Pacific Seeds

                6.13 Syngenta

                #List Not Exhaustive

7. Outlook of the Market

                8.1 Geographical Outlook

                8.2 Industrial Outlook

8. Appendix

9. Disclaimer

Purchase Report

Our Clients Include View All

Looking to Customize Report?