Hybrid Seeds Market : A complete backdrop analysis, which includes an assessment of the parent market 2018-2026

Seattle, WA -- (SBWire) -- 10/01/2019 --Hybrid seeds are made from crossing of two or more plants of different species. These artificially made seeds carry one more or desired traits. Hybrid seeds find major applications in commercial farming, in order to increase crop output and develop insect-resistant and climate-resistant plants. These seeds are developed by natural method of cross breeding and are not genetically modified. Hybrid seeds are primarily used in farming and gardening of flowers and vegetables such as sweet corn, roses, and tomatoes. Moreover, hybrid seeds offer more advantages over traditional seeds such as better and more yield, better uniformity, and better fruit quality. Increasing demand for fruits and vegetables from emerging economies is expected to drive growth of the global hybrid seeds market.

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Global Hybrid seeds Market Taxonomy

On the basis of crop type, the global hybrid seeds market is segmented into:

Cereals and Grains

-Corn
-Rice
-Sorghum

Fruits and vegetables

-Cabbage
-Tomato
-Eggplant
-Chili
-Okra
-Cucumber

Oil Seeds

-Mustard
-Sunflower

Others

On the basis of duration, the global hybrid seeds market is segmented into:

Short-term
Medium-term
Long-term

On the basis of seed treatment, the global hybrid seeds market is segmented into:

Treated
Untreated

On the basis of acreage, the global hybrid seeds market is segmented into:

Rice
Corn
Sorghum and Millet

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Short-term hybrid seeds can be stored for around 9-12 months, while medium-term hybrid seeds can be stored for around 12-36 months, and long-term hybrid seeds can be stored for up to 4 years. Hybrid are treated with physical, chemical, and biological agents to develop healthy crops and prevent them from getting infected with pests and insects. Hybrid seeds are majorly used for cultivation of rice.

Global Hybrid seeds Market Outlook

North America holds the dominant position in the global hybrid seeds market. This is owing to increasing demand for framing products in the region.

Furthermore, Asia Pacific is estimated to be the fastest growing market over the forecast period. This is owing to emerging economies such as India and China are gaining significant traction in hybrid seed market. Moreover increasing population with high demand for healthy food is also expected to drive growth of the market during the forecast period. Growing urbanization has resulted in loss of farmland, which is creating demand for food production in areas with food inadequacy.

In Latin America, Middle East, and Central Europe, the hybrid seeds market is growing at a slow rate due to the lack of awareness regarding benefits of hybrid seeds.

Global Hybrid seeds Market Challenges

Process involved in reduction of hybrid seeds is fairly expensive and complicate, which is expected to restrain growth of the market. Furthermore, hybrid seeds cannot be reproduced once they are sowed in the field. Moreover, the lack of awareness among customers and lack of biotic stress-resistant hybrids are major challenges for growth of the global hybrid seeds market.

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Major players are adopting various organic and inorganic growth strategies to maintain leading position in market. For instance, AgrEvo, a joint venture of Hoechst AG and Schering AG is a market leader in hybrid vegetable seeds. Key players operating in the global hybrid seeds market include DOW Agro Sciences LLC, E.I Du Pont De Nemours and Company, Monsanto, Syngenta AG, KWS, Advanta Limited, Land O' Lakes, Inc., Takii & Co. Ltd., Mahyco, and Bostadt India Limited.

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