(Food-Beverage-News.Com, September 28, 2017 ) According to the report Asia-Pacific Hybrid Seeds Market by Crop Type (Cereals & Grains, Fruits & Vegetables, and Oilseeds), by Duration (Short-Term, Medium-Term, and Long-Term), by Seed Treatment (Treated and Untreated), by Farm Type (Indoor farms, Outdoor farms), and by Region - Industry Analysis, Share, Size, Growth, Trends, and Forecasts (2016-2021) published by Market Data Forecast, the Asia-Pacific Hybrid Seeds Market has been estimated at USD 10.08 billion in 2016 and is projected to reach USD 16.09 billion by 2021, at a CAGR of 9.8% during the forecast period from 2016 to 2021.
Hybrid Seeds are generally produced by cross pollination between different varieties of same plant. Hybrid Seeds are generally used to produce plants which give higher yield, possess higher resistance and have better adaptability to environment.
New product offerings, High quality seeds, and modernization of Agriculture are some of the major factors driving the market. Some other factors like increasing Population, decreasing Agricultural lands, changing weather patterns, variety of diets, and technology driven agriculture in developing countries are driving the market. However, factors like high cost of Hybrid seeds are slowing down the growth of Asia-Pacific Hybrid Seeds market. Asia-Pacific Hybrid Seeds Market is segmented based on crop Type, Duration, Seed Treatment, and Farm type. Based on Crop Type, market is segmented into Cereals & Grains, Fruits & Vegetables, and Oilseeds. Based on Duration, market is segmented into Short-Term, Medium-Term, and Long-Term. Based on Seed Treatment, market is segmented into Treated and Untreated. Based on Farm Type, market is segmented into Indoor farms, Outdoor farms. Fruits and Vegetables segment is expected to witness significant growth during forecast period owing to its growing demand. Treated Hybrid Seeds market dominates the Asia-Pacific market owing to the growing demand for quality agricultural produce and increasing agricultural activities.
Geographically, Asia-Pacific Hybrid Seeds Market is segmented into India, Australia, China, Japan, and South Korea. Asia-Pacific is expected to be the fastest growing region owing to the continuous rise in population, and support from Government. India, China and Japan constitute largest country level markets in this region.
Major players in the Asia-Pacific Hybrid Seeds Market are: E. I. du Pont de Nemours and Company Syngenta AG Monsan Dow AgroSciences LLC KWS Advanta Limited Land OLakes, Inc. Takii & Co. Ltd. Mahyco Biostadt India Ltd.
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