The global seeds market accounted for $23.65 billion in 2014 and is poised to reach $55.3 billion by 2022 growing at a CAGR of 11.2% from 2014 to 2022. There is huge demand for the seeds market due to growing population, technology driven agricultural farming and widespread use of biotechnology in seed development. The factors that are influencing the market growth are huge investments in R&D, change in science and technological advancements. Whereas factors such as high barriers to market entry and increased commodity prices are limiting the growth of the market.
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Other news in this sector:
- 2023-03-31 New high-tech mini cucumber offers uniformity and labor efficiency
- 2023-03-29 Israeli scientists develop drought-resistant tomatoes
- 2023-03-29 Hort Innovation helps advance strawberry varieties to match automation potential
- 2023-03-28 Breeder leveraging molecular biology and hi-tech to up tomato flavor
- 2023-03-28 Genetic Technology Bill passes into law in England
- 2023-03-27 "We understand the needs of retailers and growers"
- 2023-03-24 Downward tomato trend in Spain reversed since energy crisis
- 2023-03-20 Resistance makes the difference: are our main focus in the leafy vegetable products"
- 2023-03-20 Change of leadership at East-West Seed
- 2023-03-15 Startup says it can breed tomatoes on demand
- 2023-03-15 Genetic diversity between local landraces and current breeding lines of pepper in China
- 2023-03-14 NL: Minister of Agriculture visits Dutch breeder
- 2023-03-03 Sowing the seeds of women’s leadership in researching Pakistan’s chilli sector
- 2023-03-02 Rijk Zwaan and IG International introduce Sweet Palermo in India
- 2023-03-02 The Svalbard Global Seed Vault celebrates its 15th anniversary with new seed deposits
- 2023-02-28 "Getting a product just right isn’t a matter of 'one size fits all'"
- 2023-02-22 Institute of Food Security produces first sequenced genome of year-round jackfruit
- 2023-02-21 New ToBRFV-resistant tomato seed varieties launched
- 2023-02-17 Eco-friendly businesses branch out in Iraq
- 2023-02-15 "Investments in WACCI can change Ghana’s status as world’s largest importer of tomato seeds"