Global Wheat Seed Market

GLOBAL Wheat Seed Market
The Global Wheat Seed Market was worth USD xx billion in 2016 and estimated to be
growing at a CAGR of xx%, to reach USD xx billion by 2021. Wheat is one of the important
staple crop cultivated widely for its seed, a cereal grain. Globally, Wheat is leading protein
food and important source of carbohydrates. It is also good source of fibre, manganese and
magnesium in its unrefined state. The wheat crop is highly volume and low profit owing to
production by heavily subsidized government seed programmes. Wheat crop can be widely
adaptable and grown in tropical and sub-tropical zones and also in cold traces of the north,
beyond the 60-degree north altitude.
Different products are derived from the wheat including flour, wheat, bran, bulgur, wheat
germ, wheat germ oil and pasta. Wheat flour is used in baked goods such as breads, cookies
and muffins.
Wheat grain is source of alcoholic beverages and bran from flour milling is important for
livestock feed. The most common forms of wheat are red and white wheat. Black, yellow
and blue wheat are commercially minor but nutritionally promising species. Technology
innovation in wheat industry includes seed storage and germination ability which is
amplifying the wheat seed market around the world.
The Global Wheat Seed Market is mainly driven by the demand of food due to increasing
population around the world and concern about healthy food. In addition, factors like
changing lifestyle, increase in disposable income, technology innovations in production,
storage and transportation of seeds, favourable government reimbursements, success of
hybrid seeds and highly nutrition food compared to other cereals are also driving the growth
of the Global wheat seed market. However, High labour cost, unfavourable weather
condition and traditional harvesting methods are hampering the growth of the market.
The Global Wheat Seed Market can be segmented on the basis of type, application and
region. On the basis of type, the market is segmented into hard red winter wheat, hard red
spring wheat, soft red winter wheat, white wheat and durum wheat. On the basis of
application, the market is segmented into bakery, dairy, confectionary, nutritional
supplements and others. Bakery is the largest segment due to the extensive use of wheat in
its products. The market has also been geographically segmented into North America,
Europe, Asia-Pacific, Latin America and Middle-East & Africa. Wheat is the primary food
staple in North America and Middle East due to the advanced wheat seed technologies and
increased yield by means of quality seed application. Asia-Pacific is the fastest growing
region due to emerging economies like China and India, increasing population, adopting
western culture and rising funds. The success of hybrid seeds has been limited to Europe
(particularly France), the United States and South Africa.
Key players dominating the Global wheat seed market are Syngenta, Monsanto Company, E.
I. du Pont de Nemours and Company, Bayer Crop Science AG, Advanta, Pro Harvest, RAGT,
Agrovegetal, Lima grain, Northern Seeds, KWS Saat, C & M Seeds and China National Seed
Group.
TABLE OF CONTENT
1. Introduction
+1 888-702-9626 | www.marketdataforecast.com | contact@marketdataforecast.com