A Seed is an undeveloped plant enclosed in a protective outer covering. Seed is an ovule with seed coat, embryo, and nutritive tissue. Farmers are depending on purchasing seeds from a market with better traits rather than reckon on seeds from previous seasons harvest. These are segmented into insecticides, fungicides, and bio-control. Among these, the chemical insecticide is the largest segment which reckons over 52.3% of the market share.
South America Seed Market size is projected to reach X Billion by the end of 2024 with a CAGR of XX% during the forecast period. Key Parameters promoting the market growth include rising adoption of biotech crops across the world, increase in usage of biofuels and animal feeds, necessity to increase food production, increasing acceptance and area under cultivation of GM Crops, decreasing per capita Farmland, growing demand for grains, oils & vegetables, increasing investments in agriculture research, and focus on high-yielding varieties.
Due to the increasing demand for food and feed and rapid decline in arable land, the seed market is growing at a significant rate. Long GM Approval
SouthAmericaSeed Market is classified by type, by crop type, by traits, by seed treatment, by product, by geography. By type,theSouthAmericaSeed Market is classified as genetically modified seeds, conventional seeds.
By Crop Type, these are classified as Oilseeds, cereals & grain seeds, fruits & Vegetables. Grain Seed segment has the highest market. In Grain Seeds, Corn segment is having the most significant market share followed by soybean in oilseed segment. By Traits, these are classified as herbicide-tolerant and insecticide-resistant. By seed treatment, these are classified as treated and non-treated. By product, these are classified as Non-GM/Hybrid Seeds, GM Seeds, and Varietal Seeds. Non-GM Seeds reckon most significant market share of more than 50% followed by GM Seeds. South America segmented into Brazil and Argentina. South America is expected to have the seed market due to the increasing use of biofuels.
Starting from $2700
Starting from $2700
Starting from $2700
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