U.S. Seed Market Future Outlook: Ken Research

The report titled “US Seed Market Outlook to 2023 – By Type of Seed (Corn, Soybean, Cotton, Wheat, Sorghum, and Vegetables) and By Technology (GM/GE/Hybrid and Open Pollinated)” provides comprehensive seed analysis. market in the United States. The report covers the overall market size in terms of revenue, segmentations on the basis of crop, seed type, geographical region, trends and developments, US patent regulations, mergers and acquisitions, structure of US farms and ownership structure, mechanization in US agriculture, organic agriculture sector, cultivated land and production of various crops, competitive scenario and profiles companies.

The report concludes with a market projection for future analyst recommendations highlighting key opportunities and caveats for the US seed market. The US seed market is one of the most developed in the world and is maturing. Technological advancement and genetic modification are major drivers of demand for commercial seeds in the US market.

Corn: In 2018, the total acreage planted with corn in the United States decreased from the acreage planted in 2017. Farmers reduced corn acreage by adjusting crop rotations between corn and soybeans, resulting in led to a decrease in maize plantings. Trade differences between China and the United States have impacted both the planting and production of corn in the country. The amount of production and consumption of the US corn seed market depends on genetics, changes in weather conditions, land limitations, politics and global market demand.

The U.S. corn seed market recorded growth in 2018 due to rising seed prices. The higher growth rate of corn seed segment can be attributed to the growing demand for premium quality seed to feed the growing population of the country. Corn production is expected to increase by 2023. Falling corn prices and increasing corn production suggest that more corn will be used for animal feed and residual use. Fuel and increased meat production have boosted demand for corn in the United States and in the global market.

For more information, click on the following link:-

Soybeans: During 2018, total soybeans showed a decline with negative growth from planted acreage in 2017. Illinois ranked first in maximum soybean planting, followed by Iowa. US soybean production decreased in 2018 compared to 2017. Total seed production is directly impacted by the decrease in planted acres over the years. States like North Carolina received two hurricanes and other states are affected due to heavy rains after soybeans mature. 2018 decline seen as China shifted soybean orders to South America after price effect issue after July 2018. Soybean prices rise and yields higher growers are pushing to increase plantings, and growers should plant large quantities. number of acres by 2023. Rising domestic use and export demand support continued large soybean acreage. This will eventually lead to an increase in the demand for soybeans.

Cotton: The U.S. cottonseed market experienced increasing growth during 2018. Cotton production showed a negative growth rate compared to 2017. Texas is the top cotton-producing state, followed by California, Arkansas, Georgia, Mississippi and Louisiana. Domestic mill use, which increases the demand for cottonseed, is expected to increase slowly over the forecast period, while exports are expected to increase in the coming years. Over 99% of the cotton grown in the United States is of the Upland variety, with the remainder being American Pima.

Sample Report Request:- https://www.kenresearch.com/sample-report.php?Frmdetails=MTQyMjkx

Other Crops: The U.S. seed sorghum segment recorded an increased growth rate in the year 2018. Large demands from the dairy, meat and poultry industries create unique marketing opportunities for sorghum growers .

Overall wheat seed usage in 2018 increased from the previous year. No GM wheat seeds have been commercialized so far although Monsanto and Syngenta are in the process of field trials for GM wheat.

In 2018, rice farmers planted hybrid seeds on about 20-25% of US land for rice cultivation. Arkansas is the largest rice planting area. South Dakota produces the most oats in the United States, followed by North Dakota and Wisconsin. Oat production in the United States will experience an increased growth rate by 2023.

The fruit and vegetable seed market is witnessing a rapid growth phase in 2018. It is observed that the seed quality accounts for about 25-30% of the total productivity and hence there is a huge demand for branded seeds. Rising demand for vegetables and increased production capacity in the vegetable industry is driving the growth of the market in the United States. The total agricultural value of fruit, nut and vegetable production is expected to increase each year for the next few years.

Future: The US seed industry is expected to register an increased CAGR in the coming years. The huge market consolidation has reduced the number of major players in the US seed market to less than five. Going forward, further consolidation is less likely to occur among the existing top players. Many new traits and seed varieties are in development and are expected to be released over the next five years. The demand for organic and non-GMO seeds is expected to increase and be sold at a premium given the growing demand for organic vegetables and other food products. Organic acreage is increasing in most parts of the United States, while shifting to organic corn and soybeans. The rate of demand for commercial seeds is increasing rapidly due to mechanization and adoption of various other agricultural practices and technological improvements such as the use of drones and sensors for seed planting and monitoring, the use of robotics for seed R&D and various other uses, the upcoming cultivation of urban agriculture, hydroponics and the use of IoT (Internet of Things) in agricultural activities.

Key Segments Covered:-
By crop type
Vegetable and fruit seeds

Based on type:
Conventional seed
Genetically modified/hybrid seeds

Based on geography:
North Carolina
Other states

Key target audience
Seed manufacturers
Associations and industrial bodies
Agricultural institutes and universities
Regulatory bodies
Agricultural seed distributors
Government agencies
NGO supporting agricultural growth and activities
Venture capitalist
Online sales and retail agencies

Period entered in the report:
Historical period: 2013-2018
Forecast period: 2019-2023

Companies covered:
Bayer Group (Monsanto Company)
Dow DuPont Inc.
Syngenta Seeds, LLC
Agreliant Genetics, LLC

Main topics covered in the report
Research Methodology
Historical overview
Land cultivated and production of various crops, 2017 and 2018
Irrigated and non-irrigated land
Farm structure and ownership structure in the United States
Mechanization in American Agriculture
Value chain in the US seed market
US Seed Market Regulatory Scenario for Patent Approval
United States Crop Pattern Grains and Vegetables
US Seed Market Overview and Size, 2013-2018
US corn seed market, 2013-2023
US cottonseed market, 2013-2023
US soybeans market, 2013-2023
US Wheat Seed Market, 2013-2023
US Sorghum Seed Market, 2013-2023
Overview of the US rice seed market
Overview of the U.S. Oat Seed Market
Overview of the US fruit and vegetable seed market
Market share and company profile of key players, 2018
Mergers and Acquisitions in the US Seed Industry
List of small seed companies in the US seed industry
Trends and Developments in the US Seed Market
SWOT analysis
Booming organic farming sector
Future projection of the US seed market, 2018-2023
Analyst Recommendation

Related Report:-

Contact us: –
Ankur Gupta, Marketing and Communications Manager
[email protected]

Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana – 122001, India

Ken Research is a research-based management consulting firm. We provide strategic advice to help clients on critical business insights: strategy, marketing, organization, operations and technology transformation, advanced analytics, corporate finance, mergers and acquisitions, and sustainability across all industries and geographies.

This press release was published on openPR.

About Marco C. Nichols

Check Also

Profit Watch: Effects of High Inputs | Profitability

This year’s harvest is not over yet. There’s still plenty of harvest in the northern …