A seed is a small embryonic plant enclosed in an outer covering, known as the seed coat, which helps in protecting the embryo. It plays a vital role in the reproductive process of plants by performing various functions such as providing nourishment to the embryo, dispersing to new locations and dormancy in unfavorable weather conditions. A rapid increase in the global population and consequent rise in the demand for food have created a positive impact on the sales of the enhanced seed varieties worldwide. According to IMARC Group, the global seeds market reached a value of US$ 66.9 Billion in 2018, exhibiting a CAGR of 7% during 2011-2018.
Some of the major players operating in the industry include monsanto company (MON), BAYER AG (BAYRY), DuPont de Nemours, Inc. (DD), Syngenta AG (SYT), Dow Inc. (DOW), SAKATA SEED CORP (1377.T) and KWS SAAT KGAA INH O.N. (KWS.DE).
Seeds Covered:
2- Oil Seeds
3- Fruit Seeds
4- Vegetables Seeds
5- Agriculture Seeds
6 -Park Seeds
The global seeds industry is highly concentrated due to the monopoly of the top 5 seed companies in the market. These key players include:
1- Monsanto Company
2- Bayer
3- E.I. du Pont de Nemours and Company (DuPont)
4- Syngenta AG
5- Dow Chemicals
Source: IMARC Group
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