IMARC Group, a leading market research company, has recently releases report titled “North America Seeds Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the North America seeds market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How big is the seed market in North America?
The North America seeds market size reached US$ 13.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 14.4 Billion by 2028.
What is a seed?
Seeds refer to tiny structures that contain the beginnings of new plants. They contain all the genetic information and nutrients needed for a new plant to grow. Seeds come in many different shapes, sizes, and colors and can be found in a variety of habitats, from forests to deserts. Some seeds are dispersed by wind, water, or animals, while others remain on the parent plant until they are mature enough to germinate. The ability of seeds to grow into new plants makes them essential to the continuation of plant species.
What are the growth prospects and trends in the North America seeds industry?
The increase in the demand for food crops represents a key factor driving the seeds market growth across North America. In line with this, the rising changes in dietary habits are contributing to the growth of the market. The market is also driven by the advancements in seed technology, such as genetically modified crops, increasing yield, and productivity.
Apart from this, the expansion of the biofuels industry, which requires crops, such as corn and soybeans, for feedstock, is contributing to the market growth in the region. In addition to this, the rising demand for specialty and heirloom seed varieties, along with the increase in investments in research and development (R&D) for seed technology is creating a positive outlook on the market growth.
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North America Seeds Market 2023-2028 Competitive Analysis and Segmentation:
Key Market Segmentation:
The report has segmented the North America seeds market on the basis of crop type, seed type, traits, seed treatment and country.
Market by Crop Type:
- Oilseeds
- Soybean
- Sunflower
- Cotton
- Canola/Rapeseed
- Cereals and Grains
- Corn
- Wheat
- Rice
- Sorghum
- Fruits and Vegetables
- Tomatoes
- Melons
- Brassica
- Pepper
- Lettuce
- Onion
- Carrot
- Others
- Oilseeds
Market by Seed Type:
- Genetically Modified Seeds
- Conventional Seeds
Market by Traits:
- Herbicide-Tolerant
- Insecticide-Resistant
- Others
Market by Seed Treatment:
- Treated
- Non-Treated
Breakup by Country:
- United States
- Canada
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Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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