About Hybrid Corn Seeds
Corn or Maize is Mostly Used and Traded as a Leading Feed Crop but is Also an Important Food Staple. In Addition to Food and Feed, Maize has Wide Range of Industrial Applications as Well; From Food Processing to Manufacturing of Ethanol. Hybrid Corn Seed Production is Predominant in Modern Agriculture. International Corn Economy Has Undergone Major Changes Over the Past Two Decades in Terms of Production, Utilization, Trade as Well as Marketing Structure. These Changes Were Driven by a Host of Factors Ranging From Rapid Advancements in Seed and Production Technologies, Changes in National Policies and International Trade
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.25% |
The market for hybrid corn seeds is moderately fragmented with the presence of many players operating worldwide. Players may use organic and inorganic techniques like merger, acquisition and product launch to boost the market. Owing to the supportive government regulations there are also massive opportunities emerging for the new entrants Analyst at AMA Research estimates that United States and Chinese Vendors will contribute the maximum growth to Global Hybrid Corn Seeds market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Monsanto (United States), Corteva Agriscience (United States), Syngenta (China), Limagrain (France), East-West seeds (India), Bayer (Germany), Bejo Seeds Inc. (United States), Enza Zaden (Netherlands), Takii Seeds (Japan) and DLF (Denmark) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Sakata Seeds (Japan), KWS Saat (Germany), Long Ping Hi-tech (China), Rijk Zwaan (Nederland), Agrocrops (India), Groupe Limagrain (France), Advanta Seeds (India), Beidahuang Kenfeng Seed Co Ltd (China), InVivo (France), RAGT Semences (France) and Florimond Desprez (France).
Segmentation Overview
AMA Research has segmented the market of Global Hybrid Corn Seeds market by Type (Grain Corn Seed, Fresh Corn Seed, Silage Corn Seed and Others), Application (Farming, Scientific Research and Others) and Region.
On the basis of geography, the market of Hybrid Corn Seeds has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Product, the sub-segment i.e. Animal Feed will boost the Hybrid Corn Seeds market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Direct Sales will boost the Hybrid Corn Seeds market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Duration, the sub-segment i.e. Short-Term will boost the Hybrid Corn Seeds market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Consumption of Corn Related Products as an Alternative to Wheat and Rice Owing to Increase in the Disposable Income
Market Growth Drivers:
Need for Crop Security, Better Yields, Greater Uniformity, Improved Colour, And Disease Resistance are the Reasons Behind Increased Demand for Hybrid Corn Seeds and The Growing Interest of the Consumers in Nutritionally Enriched Products Like Sweet Corn and Corn Flakes and Rising Demand for Poultry Feed are the Driving Forces Behind Increasing Consumption of Corn Worldwide
Challenges:
The inability of the Hybrid Corn Seeds to Survive in a Constantly Changing Weather Conditions May Hinder the Growth of Hybrid Corn Market and Lack of Awareness and Low Acceptability of Hybrid Corn Seeds in Many Rural Locations May Pose a Challenge for the Hybrid Corn Market
Restraints:
Higher Price of Hybrid Seeds in Comparison With Conventional Seeds May Limit the Market for Hybrid Corn Seeds
Opportunities:
There is an Increased Opportunity for the Diversification of Agribusinesses Catering to the Surging Demand of Corn Globally and Agro-Retailers and Agro-Online Platforms Would Benefit Immensely Owing to Sale of Corn Based Products Due to Increased Awareness About the Health Benefits of Corn
Market Leaders and their expansionary development strategies
Seed specialist KWS has launched of KWS’ own new corn genetic material / six new hybrids enable very good yield potential and high resistance to a broad range of pests.
Key Target Audience
Seed manufacturers, Seed Distributors/traders, Seed importers/exporters, Agricultural investors, Regulatory and government bodies, Downstream Vendors, Up-Stream Vendors, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.