North America Seed Market Forecast 2022-2030

North America Seed Market Forecast 2022-2030

KEY FINDINGS

The North America seed market is projected to register a CAGR of 2.88% in terms of volume as well as 2.96% in terms of revenue across the estimated period of 2022 to 2030. The regional market’s growth is credited to the availability of land and water, the rapid adoption of technology, and the presence of a professionalized and organized distribution chain.

MARKET INSIGHTS

The North America seed market growth assessment constitutes the analysis of Canada and the United States. Canada is recognized across the globe as a leading processor, producer, and exporter of high-quality seeds for a broad range of crops. As an innovation-focused industry, it utilizes complex technologies with significant annual investments in seed research and development. In Canada, the principal area under cultivation is for potato, accounting for 4700 acres, followed by green beans and sweet corn, equating to 1,435 acres as well as 1,400 acres, respectively. Likewise, garlic and potatoes have the highest cost per acre, representing a substantial share of the market value.

Farmers in Canada primarily grow tomatoes, lettuce, potatoes, onion, cucumber, sweet corn, carrot, and cabbage. With 10,000-hectares of land under vegetable cultivation in the year 2015, Ontario, Quebec, British Colombia, and Alberta are the major vegetable-growing regions of Canada. Furthermore, the nation’s unique geography, including numerous different climatic zones as well as billions of acres of fertile soil, facilitates farmers to nurture varied crops. Therefore, these factors are anticipated to fuel the seed market growth in North America over the forecasted years.

COMPETITIVE INSIGHTS

Some of the key players operating in the market include Corteva Inc, Land O’Lakes Inc, BASF, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments