Seed market to rise to $113 Billion by 2022
The report showed that the global market has grown exponentially in the last few years. The market size is projected to reach USD 113.28 Billion by 2022, at a CAGR of around 9.9% from 2017.
Conventional seeds are the fastest-growing segment, as the seeds have characteristics such as faster growth, higher yield, pest & disease resistance, and larger seeds. As consumer demands and expectations from the food industry continue to change, the opportunities for conventional seeds is also increasing. North America dominated the conventional seeds market in 2016.
source: prnsewswire.com
