In a recent published report, Kenneth Research has updated the market report for Organic Seed Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Organic Seed Market products.
According to a new study published by Polaris Market Research the global organic seed market is anticipated to reach USD 5.35 billion by 2026. Growing demand for naturally derived products is the primary reason expected to drive the organic seed industry over the next seven to eight years.For any seed to be certified as organic the producer or farmer should only use formerly grown seeds except for non-originally or non-formerly farmed untreated seeds. The planting stocks can also be used for the production of an organic crop only when an equivalent organically breeded variety is not available commercially. Organic plant breeding in several industrialized nations has increasingly employing molecular techniques.
Download Sample of This Strategic Report:- https://www.kennethresearch.com/sample-request-10070558
Cisgenesis and transgenesis are some of the newly introduced breeding techniques that have played significant role in increasing availability of enhanced hybrid organic seeds. SoW-1 is another new genetically modified (GM) seed breed that has been an increasing trend in the industry. The product value of GM seed that have been traded increased over 25-fold in between 1996 and 2017, from USD 280 million to around USD 7 275 million. But, only in the USA, Brazil, Argentina, India, China and South Africa have been growing significant acreages of GM crops.
Various initiatives have already been promoted for both informal and formal seed systems. The African Union has been fully engaged in encouraging its member countries to take higher integrated approaches to development of hybrid seed systems including private, public and farmers’ role. In many European countries, various rules for organic seed development have been designed to further instigate local production and sales of organic seed in its or else exceedingly regulated seed industry. These regulatory advancements along with technological development in seed breeding have influenced the industry and offered new opportunities for further penetration in the seed farming business.
Europe was the largest market in 2017 and with increasing organic farming land in the region the demand of these products is further expected to increase in the near future. Organic farming or agriculture has been a boom in the region and almost every country the market is rapidly developing. The increasing production and higher penetration of these products in Europe is due to high growth rates of Poland, Spain and the Czech Republic.
Some of the leading market participants in the organic seed industry in terms of seed farming and supply include Renee’s Garden, Baker Creek Heirloom Seeds, Kusa Seed Society, Territorial Seeds Company, Arnica Kwekerij, Mass Plant, Wild Garden Seed, High Mowing Organic Seeds, Fleuren, Vitalis Organic Seeds, HILD Samen, De Bolster, Navdanya, Farm Direct Organic Seeds, Rijk Zwaan, Wild Garden Seeds, Fedco Seeds, Seed Savers Exchange, Southern Exposure Seed Exchange and Johnny’s Selected Seeds.
Request For Report- https://www.kennethresearch.com/sample-request-10070558
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
Name: Kenneth research
Phone: +1 313 462 0609