Dublin, July 10, 2019 (GLOBE NEWSWIRE) -- The "Seeds Market in US 2019-2023" report has been added to ResearchAndMarkets.com's offering.
Increasing government support through farm subsidies and financial aid
The agriculture sector in the US is witnessing growth as the government is providing support to farmers during unfavorable weather and supply-demand disruptions. This is done through various policies and initiatives by offering subsidies and financial aids to the farmers.
The increasing government support will lead to the expansion of the seeds market in the US at a CAGR of almost 9% during the forecast period.
Rise in prominence of digital technology in agriculture
Farmers and food producers are increasingly adopting IoT devices such as multispectral sensors and analytics. This provides them various benefits including crop monitoring and helps them to make data-driven decisions. It also enables farmers to maximize seed output and crop productivity.
As a result, the continual penetration of digital technology in agriculture is expected to have a positive impact on the overall market growth.
Market Dynamics
The market report looks at factors such as growth in adoption of GM seeds in the US, increase in government support through farm subsidies and financial aid, and rise in urban farming activities.
However, privatization of seeds market in the US, regulatory constraints and controversies regarding sustainable production of GM seeds may hamper the growth of the seeds in the US industry over the forecast period.
Segment Analysis
The market analysis considers sales from products including GM seeds and conventional seeds. The analysis also considers the sales from the crop type including grain seeds and oilseeds, fruits and vegetable seeds, and other seeds.
In 2018, the grain seeds and oilseeds segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the availability of a diverse range of grain seeds and oilseeds offered by several vendors will play a significant role in the grain seeds and oilseeds segment to maintain its market position.
Competitive Landscape
With the presence of a few major players, the seeds market in the US is concentrated. This 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 seeds manufacturers in the US that include:
Also, the seeds market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY PRODUCT
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY CROP TYPE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/3oza9e
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