Wheat is a grass widely cultivated for its seed, a cereal grain which is a worldwide staple food. Wheat is grown on more land area than any other crops. Wheat is a important source for carbohydrates and protein in human food. Wheat is one of the important staple crop cultivated widely for its seed, a cereal grain.
The major driving factors of Wheat Seed Market are growing technical advances in soil preparation, use of crop rotation and fertilizers to improve the growth of the plant. Increasing population around the world and concern about healthy food. Government reimbursements encouraged the farmers to produce the crop. Factors such as increase in disposable income, storage, and transportation of seeds help in growth of the market. However climatic conditions act as a major restraint of the market. High labor cost, traditional harvesting method are hampering the growth of the market.
Based on geography the Market is primarily segmented into Europe, North America, Latin America, Middle East & Africa and North America. Wheat is the primary food staple in North America and Middle East due to the advanced wheat seed technologies and increased yield by means of quality seed application. Asia-Pacific is the fastest growing region due to emerging economies like China and India, increasing population, adopting western culture and rising funds. The success of hybrid seeds has been limited to Europe (particularly France), the United States and South Africa.
Major companies in the industries of Wheat Seed Market are Syngenta, Monsanto Company, E. I. du Pont de Nemours and Company, Bayer Crop Science AG, Advanta, Pro Harvest, RAGT, Agrovegetal, Lima grain, Northern Seeds, KWS Saat, C & M Seeds and China National Seed Group.
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