Hybrid Seeds Market Global Outlook, Research, Trends, and Forecast To 2028
Hybrid Seeds Market |
Hybrid Seeds are
created by crossing two or more plants of different species. When two different
varieties are crossed, seed with one or more desired traits is produced. In
commercial farming, hybrid seeds are primarily used to increase crop yields and
develop disease and climate resistant plants. These seeds were created through
natural cross breeding and are not genetically modified. Hybrid seeds are
primarily used in the cultivation of flowers and vegetables such as roses,
tomatoes, and sweet corn. Hybrid seeds have an advantage over conventional
seeds in terms of yield, early maturity, high heat and cold tolerance, disease
and pest resistance, uniformity, and fruit quality.
Short-term hybrid seed can be stored for 9 to 12 months, medium-term hybrid seed for 12 to 36 months, and long-term hybrid seed can be stored for up to 4 years or more if kept refrigerated. To develop healthy crops and protect them from insect and pest damage, hybrid seeds are treated with biological, physical, and chemical agents. Hybrid seeds are mostly used in rice cultivation. The hybrid seeds market is expanding due to rising demand for fruits and vegetables in emerging economies.
Types of Hybrid Seeds-
Cereals and Grains
·
Fruits and vegetables
·
Oil Seeds
Because of rising agricultural
product demand, North America has the largest hybrid seed market. Over the
forecast period, Asia Pacific is expected to be the fastest growing market.
Because of their growing populations and high demand for healthy food, India
and China are gaining significant traction in the Hybrid
Seed Market. Because of the loss of farmland due to
urbanisation, there is a greater demand for food production in a smaller area.
The hybrid seeds market is growing slowly in Latin America, the Middle East,
and Central Europe due to a lack of awareness about the benefits of hybrid seeds.
However, the process of preparing
hybrid seed is costly and complex, which is expected to limit market growth.
Furthermore, hybrid seeds cannot survive in changing climatic conditions and
cannot reproduce once planted. Furthermore, lack of customer awareness and a
lack of biotic stress resistant hybrids are major challenges for the hybrid
seed market's growth.
Major players are adopting various organic and inorganic growth
strategies to maintain leading position in market- 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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