What are Seeds ?
Seeds are primarily any propagative part of a plant, as a tuber or spore or bulbs etc. which are capable of developing into another such plant. Seeds are rich source of calories and protein.
Categorization of seeds :
The seeds are broadly categorized on the basis of edibility that is seeds which are fit for direct consumption and consumption of products derived from seeds.
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Grain seed : The
plants or crop which yields hard and dried seeds are known as grain
seeds; also referred as grains. The grain seeds are output of a grass
like crop . The common example of grain seeds are cereals like wheat,
oats, corn, sorghum and rice. This category also include lentils and beans which ate output of legumes.
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Oilseed: The seeds
of cultivated plants or crops which yield edible oil are oil-seeds.The
seeds of trees, nuts and some legumes are considered as oilseed. These
include nuts like walnuts, hazelnuts, and pecans.seeds from trees include soybean, cotton, sunflower and canola.
The
oilseed and grain seed market is increasing day-by-day in the major
domain of agriculture market due to ever increasing population needs of
grains and vegetable oil and newer biotech traits developed for higher
yields.
The oilseed and grain seed market is thus classified on the basis of :
Biotech Traits :
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Herbicide Tolerant: Herbicide tolerance
is a plant’s ability to resist
the toxic effects of particular chemicals that are used to eliminate
weeds, known as herbicides and plant which inhibit this property are
called herbicide Tolerant.
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Insecticide Resistant: Insecticide Resistance happens when there is increase in resistance of pest population (insect, weed) to an insecticide or pesticide which was used repeatedly in past that is reflected in the failure of a product to achieve the
expected level of control when used according to tagged recommendations.
Geography :
The oilseed and grain seed market is
segmented into major regions of world according to market share and
revenues along with its production and consumption.
The major Geographical regions are :
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North America
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Europe
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Asia-Pacific
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Latin America
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Rest of World (ROW)
Oilseed & Grain Seed: Market Revenue & Share, By Geography, 2011 - 2018 ($Million)
Source: Expert Interviews, Government Authorities, Related Associations/Institutes, Related Research Publication, Government Publication, Company Press Release, Company Annual Report, Company Website, Company Publication, MarketsandMarkets Analysis |
Market Trends and Forecast :
Current
Market Trend is shifting towards the use of biotech traits and use of
genetically hybrid seeds for cultivation in agriculture activities. The
ever increasing population, limitation of land and higher yield and
efficiency has led to agricultural companies to focus more on biotech
traits in agriculture.The key players in the market are Monsanto (U.S.), DuPont (U.S.) and Syngenta (Switzerland) etc.
The
oilseed and grain seed market is expected to rise to value worth $64,113
million by 2018 globally as compared to $33,302.1 million in 2012 at a
compound annual growth rate of 12 % from 2013 to 2018.
North America is the current market leader globally and is expected to
maintain its strong position in coming years. Latin America is seen as
the fastest growing market in recent years followed by Europe and
Asia-Pacific.
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