Field Crop Seeds Market : U.S. Industry Analysis, Competitive Dynamics & Global Outlook 2024

ResearchMoz presents professional and in-depth study of "Field Crop Seeds Market - U.S. Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024".

Field crops are primarily used for agricultural purposes. These are cultivated on a commercial scale. In the U.S., field crops primarily include cotton, corn, wheat, and soybean. Most of these field crops are used for further processing in various end-use industries. For instance, corn production plays a vital role in several industries in the U.S., including ethanol processing, dairy, and poultry. Demand for field crops is anticipated to remain high in the U.S. in the next few years, due to rise in demand for agricultural produce coupled with the ever-increasing consumption level of the agricultural output.  

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The field crop seeds industry in the U.S. is developed with noteworthy advancements in the research and development of seeds used for commercial cultivation. Additionally, research and developments activities undertaken in the industry have resulted in much improved field crop yield. Currently, most farmers purchase new seeds (instead of using seeds saved from the previous harvest) and small seed businesses are giving way to larger enterprises that integrate plant breeding, production, conditioning, and marketing functions. This has consolidated the market to a large extent.  According to one of the estimates, the U.S. accounts for nearly a quarter of the global crop seed market. High growth in the field crop seeds industry in the U.S. is attributed to large number of mergers and acquisitions. Additionally, expenditure on the field crop seeds has been significantly increasing over the years. Increase in the expenditure on the seeds is largely attributed to the rise in the quantity of seeds purchased by the U.S. farmers through commercial sources. The rise in seed purchases is projected to increase, considering the growth in scientific improvements in plant breeding. This, in turn, has led to a better crop yield.  Furthermore, private expenditure in the field crop seeds market in the U.S. has been increasing significantly over the past decade as compared to public investments. Rise in investment in research and development activities in the last few years has led to increase in the introduction of new varieties of crops. The number of plant variety protection certificates issued by the United States Department of Agriculture is a useful indicator of the plant breeding research efforts. Significant increase in research and development of new seeds is leading to a better variety of crops. This coupled with the high yield is likely to act as a major driver for the field crop seeds market in the U.S. Additionally, the shift from public investments to private investments is projected to change the dynamics of the field crop seeds market in the U.S. However, rise in research activities in field crop seeds is leading to the introduction of genetically modified seeds. This is anticipated to adversely affect the field yields. Additionally, major players in the field crop seeds market are shifting their manufacturing bases from the U.S. to countries in Asia Pacific such as China, India, and Malaysia. This is likely to act as a restraint for the field crop seeds market in the U.S. during the forecast period.      

The market is experiencing considerable consolidation and increased number of mergers and acquisitions. For instance, in November 2012, Syngenta AG acquired Sunfield Seeds Inc., a U.S.-based manufacturer of sunflower seeds that provides services in more than 30 countries. In October 2014, Bayer CropScience Ltd. announced plans to acquire the seed business of Granar S.A. Such acquisitions are expected to increase the existing competition in the market and further consolidate the field crop seeds market in the U.S. This is likely to create high entry barriers for new entrants in the market.     

Key players operating in the field crop seeds market in the U.S. include Monsanto Company, Bayer CropScience Ltd., Syngenta AG, E. I. du Pont de Nemours and Company, and Land O'Lakes, Inc.          

The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology developments, types, applications, and the competitive landscape.

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The study is a source of reliable data on:

    Key market segments and sub-segments
    Evolving market trends and dynamics
    Changing supply and demand scenarios
    Quantifying market opportunities through market sizing and market forecasting
    Tracking current trends/opportunities/challenges
    Competitive insights
    Opportunity mapping in terms of technological breakthroughs

The regional analysis covers:

    North America (U.S. and Canada)
    Latin America (Mexico, Brazil, Peru, Chile, and others)
    Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
    Eastern Europe (Poland, Russia)
    Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
    Middle East and Africa (GCC, Southern Africa, North Africa)

TMR estimates the market size of various sectors using a combination of available data on the number and revenue of companies within each sub-sector and tiers of companies. The basic components used to determine market size and forecast for a specific product area are not only limited to supply-side data, but are also related to demand, industry trends, and the economic outlook. All the above data points are utilized to generate a statistical model targeting the sector marketplace. More than 300 TMR analysts across the world integrate these elements into a framework to determine the subsector market size for a base year and then forecast growth within each market.

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TMR regularly interviews technology and business professionals as an ongoing effort to track the latest developments within each sector. These continuous surveys are stratified by company size and industry segment and weighted to reflect the global market place.  All data are collected on an ongoing effort through a structured questionnaire rolled over the web or conducted via telephones. This provides the TMR team opportunities to request for detailed question sets, complex skip patterns, and real-time calculations, which assists respondents in answering questions involving numbers and percentages. Respondents, who are interviewed as experts, are screened and qualified based on certain criteria in addition to their decision-making authority and the scope of activity within their organizations.

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