- Untreated Seeds
- Treated Seeds
Hybrid Seeds Market size valued USD 35.76 billion in 2022 and expected to reach USD 75.08 billion by 2028, growing at a significant CAGR of 12.42% from 2023-2029. Hybrid seeds produced by the cross-pollination between two or more inbred plants, which involves transferring pollen from male to female. The hybrid seeds enable produce stronger plants than parent plants. Hybrid seeds will produce more yield than the conventional seeds, improved disease resistance, improve the taste of fruits and vegetables, and new colours to flowers. Increased adoption of hybrid seeds in fruit & vegetables due to surge in demand for fruits and vegetables, technology, and storage methods, increased R&D, awareness among the farmers regarding the advantage of hybrid plants, expected to witness revenue growth of hybrid seeds market over the forecast period.
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Drivers of Global Hybrid Seeds Market: Advancements and modernization in agriculture practices Inclination towards organic diet Growing population pool Increase in agriculture economy Rise in initiations and subsidies by the government Growing investments in R&D activities Restraints of Global Market: Unsupportable climatic conditions in some regions High price of the seeds Difficulty in maintenance
The Hybrid seeds market size was valued at USD 35.76 billion in 2022.
The Hybrid seeds market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
The Hybrid seeds market key players are Syngenta AG (Switzerland), DuPont (U.S.), Biostadt India Ltd. (India), Monsanto (U.S), KWS SAAT SE (Germany), Mahyco (India), Dow AgroSciences LLC (U.S.), Advanta Limited (India), Takii & Co. Ltd. (Japan), Land OLakes, Inc. (U.S.)