Global Soybean Seed Market 2024-2028
The soybean seed market is forecasted to grow by USD 3.59 bn during 2023-2028, accelerating at a CAGR of 6.29% during the forecast period. The report on the soybean seed market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high nutritional value of soybean, growing demand for soy-based meat alternatives, and diverse application of soybean in food industry.
Technavio's soybean seed market is segmented as below:
By Type
- Genetically modified
- Non-genetically modified
By Distribution Channel
By Geographical Landscape
- North America
- APAC
- South America
- Europe
- Middle East and Africa
This study identifies the technological advancements in soybean processing as one of the prime reasons driving the soybean seed market growth during the next few years. Also, emergence of digital agriculture and precision farming in soybean cultivation and increasing research and development activities in global soybean seed market will lead to sizable demand in the market.
The report on the soybean seed market covers the following areas:
- Soybean seed market sizing
- Soybean seed market forecast
- Soybean seed market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading soybean seed market vendors that include ADAMA Ltd., Amaggi, Archer Daniels Midland Co., BASF SE, Bayer AG, Bioceres Crop Solutions Corp., BrettYoung, Bunge Ltd., Cargill Inc., COFCO International, Corteva Inc., House Foods Group Inc., KWS SAAT SE and Co. KGaA, Limagrain, Olam Group Ltd., Sinochem Group Co. Ltd., The Scoular Co., UPL Ltd., Wilmar International Ltd., and CHS Inc.. Also, the soybean seed market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.