Economic Pressures Drive Global Seed Market


Global seed market vendors have had to adapt to the combined economic pressures of global population growth, climate change, scarcer land resources and shifting agricultural policy dynamics brought about as a result of increasingly stringent regulation, Companies and Markets reports.

Seed is one of the most important factors of agriculture crop production on which the use of other agri-inputs efficiency depends. Biotech seeds are consequently seen as those products which can improve the return on investment and to respond to consumer demands for economical agricultural production by increasing per unit seed production and per hectare production.

India is projected to be the fastest growing market for seed, followed by China due to government initiatives in promoting technology driven agriculture practices. The cereals and grains segment is projected to be the biggest market for seed, globally, from 2015 to 2020.

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