The North America seeds market reached a value of US$ 22.1 Billion in 2018. Seeds are embryonic plants enclosed in an outer covering known as a seed coat, which provides nourishment and protection to the embryo. It also helps in yielding different fibers, and dispersal and dormancy during unsuitable conditions. Owing to this, seeds are widely utilized in the production of edible and non-edible oils, and various industrial chemicals.
North America currently represents one of the largest markets for seeds on account of high demand for genetically modified seeds that offer enhanced yield quantity and quality. Moreover, technological innovations in the production of seeds, such as wheat, maize and corn, is also fueling the market growth. Further, the increasing demand for biofuels will continue to spur the demand for corn, barley and maize seeds in the upcoming years. Looking forward, IMARC Group expects the market to reach a value of US$ 32.2 Billion by 2024, registering a CAGR of 6.5% during 2019-2024.
Report Scope:
North America Seeds Market
Key Regions Analysed
United States
Canada
Analysis for Each Country
Market by Crop Type
Oilseeds
Soybean
Sunflower
Cotton
Canola/Rapeseed
Cereals and Grains
Corn
Wheat
Rice
Sorghum
Fruits and Vegetables
Tomatoes
Melons
Brassica
Pepper
Lettuce
Onion
Carrot
Others
Market by Seed Type
Genetically Modified Seeds
Conventional Seeds
Market by Traits
Herbicide-Tolerant
Insecticide-Resistant
Others
Market by Seed Treatment
Treated
Non-Treated
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
Competitive Landscape
Competitive Structure
Key Player Profiles
Key questions answered in this report:
How has the North America seeds market performed so far and how will it perform in the coming years?
What are the key regions in the North America seeds market?
What is the breakup of the North America seeds market on the basis of crop type?
What is the breakup of the North America seeds market on the basis of seed type?
What is the breakup of the North America seeds market on the basis of traits?
What is the breakup of the North America seeds market on the basis of seed treatment?
What are the various stages in the value chain of the North America seeds industry?
What are the key driving factors and challenges in the North America seeds industry?
What is the structure of the North America seeds industry and who are the key players?
What is the degree of competition in the North America seeds industry?
What are the profit margins in the North America seeds industry?
Report Coverage:
Base Year Considered: 2018
Historical Data Coverage: 2013-2018
Market Forecast: 2019-2024
Currency: US$
Geography Covered: North America, United States and Canada
Segments Covered: Crop Type, Seed Type, Traits and Seed Treatment.
Report Customization: Although IMARC has tried to cover everything in the North America seeds market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20-man hours of free customization for each report.