Hexa Research Inc
Hexa Research Inc
Hexa Research Inc
Decreasing arable land along with growing population is anticipated to fuel the global commercial seeds
market growth over the next five years. Growing population leads to increasing food demand which is
expected to witness a rapid growth in commercial seeds market. Rapid urbanization across the globe
has led to decrease in farmable land which requires high productivity in the limited available area.
Commercial seeds are segmented on the basis of their type as biotech seeds and conventional seeds.
The major conventional seeds include maize, cereals, soybean, vegetables, canola, rice and cotton.
Biotech/Genetically Modified seeds are engineered to exhibit to enhance insect resistance property and
shelf life. Growing concern towards hybrid seeds usage and regional governments favorable regulations
for biotech seeds use are projected to drive the commercial seeds market growth over the forecast
period. Government supports such as subsidies incentives and loans to farmers in various Asia Pacific
nations to increase agriculture products yield are expected to bolster the market growth.
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