(Food-Beverage-News.Com, May 15, 2017 ) “ Middle-East and Africa Seed Market " research report, published by Market Data Forecast estimates that the market is growing with a CAGR of 8.24% to reach USD 4.71 billion by 2021, from USD 3.18 billion in 2016.
Seed is one of the most basic and important agricultural inputs and it forms the third largest inputs market after agrochemicals and farm machinery, globally.
Traditionally, the seed industry was the major contributor to the sustainable food production. However, nowadays with the advancement of technology, the industry is also contributing towards animal feed, bioenergy and biomaterials production. High yielding cultivars/seeds along with other agricultural inputs such as crop protection products, fertilizers, and irrigation are being used to attain optimum utilization in the agriculture sector.
Key factors which affects and thereby shift the market dynamics are studied intrinsically and are presented in an illustrious way in the report. Some of those factors are
•Rising demand for grains, oil and vegetables as well as for animal feed
•Increase in biofuel usage
•Low Market concentration
For granular level understanding the Seed Market is segmented based on crop type andseed trait, each being provided with Market Size Estimations and Y-o-Y Forecasts.
The Middle-East and Africa market is also analyzed individually in both the regions, thereby providing a more detailed geographical understanding of the market. Some of the major countries that hold significant place in this market include Egypt, KSA, UAE, Nigeria and Algeria.
Some of the key players that operate in the Middle-East and Africa Seed market include Monsanto, DuPont, Syngenta, AG, Dow AgroSciences LLC, Land O’Lakes Inc., and Bayer Crop Science. According to recent reports, the CEOs of both Monsanto and Bayer met with Donald Trump to talk about their potential merger, in an attempt to have a greater hold of the market.
The Middle-East and Africa Seed market report offers wide-range of scope:
•Regional level analysis that provides an individual perspective of Middle-East and Africa region individually and on a whole
•Know more about key areas of industry growth via detailed Segment-level analysis on basis of type, application, end-user along with market size forecasts and y-o-y estimations
•Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
•Strategic Analyses containing PESTLE and Porter’s Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics
•Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview
•Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
•Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market
Checkout other related studies in the Seeds Segment:
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