How To Gain Seeds Market In The Us

The seeds market size in US will grow by USD 12.28 billion during 2019-2023. The market report provides a detailed analysis of the market by product (GM seeds and conventional seeds), and crop type (grain seeds and oilseeds, fruits and vegetable seeds, and other seeds). Seeds market in the US is expected to witness a CAGR of about 9% during the forecast period. Certain factors that are driving the market include growth in adoption of GM seeds in US, increase in government support through farm subsidies and financial aid, and rise in urban farming activities.

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Vacant community spaces such as backyards, rooftops, balconies, parking lots, and roadsides are utilized by urban farming for crop cultivation. Urban agriculture has grown in prominence predominantly over the last few years owing to the potential to contribute toward household food security. The crops and vegetables produced are either consumed or sold in urban markets. Owing to close proximity to nearby markets and storage spaces, the urban farms require limited transportation and refrigeration facilities. The adoption of farming in community spaces is expected to be encouraged by growing print and digital media coverage. Hence, owing to the rise in urban activities the seeds market in the US is expected to grow.

The advent of technology has led farmers and food producers increasingly adopting the IoT devices and analytics to increase crop produce and productivity. Vendors are increasingly offering digital technology as a scalable and sustainable agricultural resource to help farmers in maximizing seed output and crop potential. Farmer places the sensors, which are equipped with image recognition, around fields to analyze and incorporate real-time changes in the allocation of resources, such as fertilizers. Thus, the rising prominence of digital technology in agriculture is expected to support the growth of seeds market in the US.

Top Companies in the US Covered in the Seeds Market Research Report

The seeds market in US is concentrated. To help clients improve their market position, the report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, the seeds market analysis report for the US also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

The report offers a detailed analysis of several leading seeds companies in the US, including:

• BASF SE
• Bayer AG
• Corteva Inc.
• Groupe Limagrain Holding
• Syngenta Crop Protection AG

The US government offers various policies and initiatives to support the agriculture sector. The farm subsidies and financial aids provided by the US government will help farmers to withstand the financial impact of challenges such as unfavorable weather and supply-demand disruptions. For instance, the US Department of Agriculture announced a USD 16 billion farm aid package to cover the losses due to trade disputes with China. The increasing government support through farm subsidies and financial aid is expected to boost the growth of the seeds market in US at a CAGR of almost 9% during the forecast period.

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