Corn Seeds Market is projected to reach USD 3.83 billion by 2021


Posted June 20, 2019 by priya-gupta

Corn Seeds Market Size and Growth Rate: Egg Processing Market Was worth USD 24.4 billion in 2019 and estimated to be growing at a CAGR of 7.93%, to reach USD 35.7 billion by 2024.
 
Corn Seeds Market Size and Growth Rate:
Egg Processing Market Was worth USD 24.4 billion in 2019 and estimated to be growing at a CAGR of 7.93%, to reach USD 35.7 billion by 2024.

Corn Seeds Market Overview:
Corn Seeds market size was around USD 24.4 billion in 2019. It is expected to grow at a CAGR of 7.93% to reach USD 35.7 billion by 2024. After wheat and rice corn is the third largest planted crop worldwide. Though it is an important food crop, it is often utilized and traded as a feed crop. It is grown in temperate, tropical and sub-tropical regions of the world. Yield and quality of corn have improved considerably through genetic engineering, which is a primary driver of this market. Planning by major players in the market regarding stockpiling based on demand and supply conditions augurs well for robust market growth in the forecast as mentioned earlier period.
Corn Seeds Market Drivers and Restraints:
Lower commodity prices have adversely impacted the market, making it the primary restraint of market growth. Reduced land under corn acreage, especially in U.S. and Brazil, is a secondary factor constraining the growth of this market.
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Report segmented as
By Region:
• Global Industry Analysis
• Size
• Share
• Growth
• Trends and Forecast
Corn Seeds Market Geographical Analysis:
By geography, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. U.S., China, Brazil, Argentina, India, Mexico, Indonesia, and France are the major corn producing nations of the world. North America closely followed by Latin America, form the largest corn seed market, commanding nearly 65% of the market share. The U.S. reaps 40% of the world’s harvest, and it is the largest market worldwide in terms of value. In 2010, the maize acreage in the U.S. was approximately 35 million hectares. U.S., China, Japan, and India are the primary consuming nations of corn. North America is the most crucial region for corn seed trade worldwide. Italy, Mexico, Canada, France, and Spain are the largest importers of U.S. corn seed, respectively.
Important Key Players of Corn Seeds Market:
Some of the major players in the influenza diagnostic market are Roche Diagnostics, Thermo Fisher Scientific, Becton, Dickinson and Company, Alere, Quidel Corporation, and others. The companies are always focused on the development of devices that are worthwhile and are technologically advanced for better initiations regarding better treatment. For example, on October 2014, Alere announced a contract with the U.S. Department for Health and Human Services Biomedical Research, i.e., known as Biomedical Advanced Research and Development Authority (BARDA), to develop better diagnostic countermeasures for the influenza virus.
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The Scope of the report:
This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.
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Last Updated June 20, 2019