Global Corn Hybrids Market Overview:
Corn is one of the majorly consumed crops across the globe due to its wider availability under differential weather conditions. It is one of the predominantly produced cereals since it has the highest genetic potential. India is the leading corn producer across the globe contributing around 10% of the global corn production. Recently, due to the drastic decrease in the area under agriculture, the need for corn hybrids is necessary which is formed by the combination of two different crops. It helps in increasing productivity as well as the quality of the corn. However, the expensive nature and lack of taste of hybrid corn seeds over conventional corn cereals might stagnate the demand for the same. India, Pakistan, Bangladesh, Sri Lanka, and Nepal are the top countries in the South Asia market. The South Asia Corn market size is expected to grow from USD 548.11 million in 2019 to USD 1035.45 million by 2025, at a CAGR of 10.29%. According to AMA, the Global Corn Hybrids market is expected to see growth rate of 10.6%
Growth Drivers
- Increasing Corn Producing Agricultural Land across the Globe
- Growing Corn Consumption across the Global Population
Roadblocks
- Hybrid Seeds are Comparatively More Expensive than the Conventional Corn Seeds
- Hybrid Seeds are Less Nutritious
Opportunities
- Upsurging Demand for Corn Products from the Poultry and Animal Feed Sector
- Rising Manufacturers Joint Projects with the Agricultural Industry Associations
Challenges
- Manufacturers have to Keep Lower Profit Margins due to Availability of Substitutes
Competitive Landscape:
Some of the key players profiled in the report are Dow Chemical Company (United States), Syngenta AG (Switzerland), Monsanto Company (United States), Bayer AG (Germany), KWS SAAT SE & Co. KGaA (Germany), Origin Agritech Limited (China), DLF Limited (India), Land O'Lakes, Inc. (United States), Groupe Limagrain (France) and UPL Limited (India). Additionally, following companies can also be profiled that are part of our coverage like Monsanto Company (DeKalb Genetics) (United States), Seminis (United States) and Mycogen Seeds (United States). Analyst at AMA Research see United States and European Vendors to retain maximum share of Global Corn Hybrids market by 2026. Considering Market by Category, the sub-segment i.e. Conventional Hybrids will boost the Corn Hybrids market.
Latest Market Insights:
On September 2nd, 2019, Syngenta has completed the acquisition of all relevant assets of The Cropio Group, an Ag-Tech company with a presence in over 50 countries, but with a primary focus in Eastern Europe. The Cropio platform is an equipment-integrated, end-to-end software solution that provides imaging, recordkeeping, and equipment tracking. Approximately 10 million hectares of crops are currently managed using Cropio.
What Can be Explored with the Corn Hybrids Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Corn Hybrids Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Corn Hybrids
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Corn Hybrids market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Corn Hybrids market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Corn Hybrids Manufacturers, Corn Hybrids Distributors and Suppliers, Agricultural Product International Traders, Research and Development Institutes, Agricultural Industry Associations, Government Agencies, Non Profit Organizations, Downstream Buyers and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.