Global Hybrid Seeds Market Report and Forecast 2024-2032

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

News and Developments in the Market

In May 2023, Bayer Crop Science (NSE: BAYERCROP) announced that it is aiming at bringing in new hybrid varieties of high-yielding and disease-resistant vegetable seeds into the Indian market. Other than providing hybrid seed varieties, BCS is also concentrating on formulating remedies for protecting crops from insects and diseases.

In June 2023, BASF (BAS:Xetra), announced a slow establishment of seed hybrids by its shift of the main seed treatment package to its InVigor canola varieties for 2024. Helix Vibrance, which is developed by Syngenta for seed treatment, will be introduced by BASF as a seed treatment package for InVigor varieties in 2024.

In September 2023, COTTCO Zimbabwe announced that it would distribute 170 tonnes of hybridised cotton seeds to farmers globally by the end of the year. The aim behind this is to help them increase cotton yield. The company is sourcing seeds from India and has already purchased at least 24 metric tonnes.

In December 2021, agro-chemical firm, Crystal Crop Protection Ltd. successfully carried out the accession of four hybrid seeds including cotton, mustard, pearl millet and grain sorghum from Bayer, a global life science firm in India.

Key Trends in The Market

Hybrid seeds are produced by the cross-pollination of plants, by crossing two different varieties of the same plant. The pollen is taken from the male part of one plant to the female part of the other plant. The fruit develops in the ovary and the seeds produced in the fruit are hybrid, with characteristics of both of the original types of plants.

• The indoor farming method has not only gained importance and popularity but also acquired a major share in the global hybrid seeds market. They have developed a higher rate of growth in the market because they can deliver more products with the minimum usage of resources.

• Hybrid fruits and vegetable hybrid seeds are also gaining popularity. An increase in production per unit area is achieved by using quality seeds with built-in inbred and hybrid vigour. Improved vegetable cultivation technology and government policies are an add-on in order to obtain better produce.

• Increase in population worldwide and growing trend of veganism are resulting in a greater demand from agriculture. Goals for crops that are fast growing and healthy, and limit burden on natural resources are fuelling the demand for innovations in hybrid seeds.

Market Analysis

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Based on crop type, the market can be divided into cereals and grains, oilseeds and pulses, vegetables, and others. Based on duration, the market can be classified as short term, medium term and long term. The market can be divided depending on the cultivation type into open field cultivation and protected cultivation. By region, it is distributed into North America, Europe, Asia Pacific, Latin America and Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter’s five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global hybrid seeds market, covering their competitive landscape and latest developments.

• BASF SE

• Corteva AgriScience

• Bayer AG

• UPL Limited

• Syngenta Crop Protection AG

• Others

Market Share by Crop Type

The hybrid seeds industry is growing globally because of the advancing technologies for hybridisation and increasing demands for higher agricultural output. An increase in the demand of cereals and grains, food and biofuels is a key reason for advancement in the hybrid seed market.

Cereals and grains hold the largest hybrid seeds market share based on crop type. It is because of their consumption on a large scale as a staple food. Its use in food processing and feed industries is also one of the factors contributing to its classification as the largest crop type for hybrid seeds.

More food energy is provided by cereals and grains than any other food crop, resulting in its extensive cultivation worldwide. As a result, cereals and grains are expected to remain a key component for the hybrid seeds market.

Market Type by Region

North America region is the leading market by region in the hybrid seeds industry. To meet the domestic as well as international demands, North America has been producing and exporting more cereals, fruits, and vegetables, using quality seeds. Other players in the market are seeing it as a tough competition and are developing disease resistant seeds that overall benefit the global hybrid seeds market. The region is expected to remain in the lead in the future as well.

On the other hand, the Asia-Pacific and Latin America regions are also expected to witness strong growth of the hybrid seeds market in the future. The United Kingdom, United States, Netherlands, and China are the main exporters by volume of the vegetable crop seeds around the world.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Competitive Landscape

BASF SE supports farmers completely, starting from the seed to accomplishing successful harvest. They are an expert in vegetable seeds and aim to support customers all around the globe. They take responsibility for all vegetable seed activities worldwide, from research to after-sales. They believe in creating together with value chain partners.

Bayer AG offers seed varieties to farmers all around the world.  These varieties blend the best genetic and advanced traits in the industry. They provide tailored solutions to the farmers relating with seeds and traits so that farmers can improve their crop productions with ease. Seeds and traits invented by them are to shape a better agricultural future for the farmers.

UPL Limited procures polished and high quality seeds globally through innovation with the help of its Advanta division. They invest in advanced technologies that have enhanced capabilities to fulfil demands based on regions, helping them develop as global leaders.

Other market players include Corteva AgriScience, Syngenta Crop Protection AG, and others.

Key Highlights of the Report