(MoneyNewsWire.Net, September 19, 2017 ) The Latin America Fruit and Vegetable Seeds Market was worth USD 0.96 billion in 2016 and estimated to be growing at a CAGR of 7.83%, to reach USD 1.4 billion by 2021. The market continues to gain momentum with the increasing demand for nutritional food, new product offerings, innovative production practices, to prevent pest incidences & improve yield, and to modernize agriculture.
Fruit & Vegetable Seeds are a major part of the seed industry and is forecasted to show even higher potential in coming years with the increase in demands for healthy vegetables and fruits. These seeds are used for higher crop yield quality, to meet the needs and demands of the rising population. Thus, it is expected of agricultural based companies to show higher interest in Fruit & Vegetable Seeds in the upcoming years.
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The diversified demand and specialization in cultivation of food crops have been acting as an opportunity for the Fruit and Vegetable seed market to show significant potential. Other key factors driving the Latin America Fruit & Vegetable Seeds Market include, increase in rate of seed replacement, growing market for genetically modified (Gm) crops, and innovations in the mechanical inputs on Farms. These factors are responsible for the growth exhibited by the Latin America Fruit & Vegetable Seeds market lately. Besides these, there are few restraints and challenges faced by the Latin America Fruit & Vegetable Seeds Market as well, which include variations in climatic conditions, regulations in the Gm crops cultivation and the long duration of the R&D process of new plant biotechnology trait.
The Latin America Fruit & Vegetable Seeds market is segmented under trait, type, form and farm type. On the basis of trait, the market is segmented into Gm and conventional crop seeds. Based on type the sub segments include brassica, cucurbit, leafy, root bulb, Solanaceae and other seeds. Segmenting on the basis of form the sub segments are organic and inorganic. Similarly, on the basis of farm type the market segmentation is done under indoor and outdoor farms. On the basis of geography, the Latin America Fruit & Vegetable Seeds market is segmented under countries namely Brazil, Argentina, Mexico and Rest of Latin America.
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Some of the major companies dominating the Latin America Fruit & Vegetable Seeds market include Bayer Cropscience AG, Monsanto Company, Advanta Limited, Western Bio Vegetable Seeds Ltd., Syngenta AG, Groupe Limagrain, Sakata Seed Corporation, Takii & Co Ltd., Mahyco, Mahindra Agri.
Market Segmentation
1) Trait Introduction Gm Conventional Y-o-Y Growth Analysis, By Trait Market Attractiveness Analysis, By Trait Market Share Analysis, By Trait
2) Type Introduction Brassica Cucurbit Leafy Root Bulb Solanaceae Other Seeds Y-o-Y Growth Analysis, By Type Market Attractiveness Analysis, By Type Market Share Analysis, By Type
3) Form Introduction Organic Inorganic Y-o-Y Growth Analysis, By Form Market Attractiveness Analysis, By Form Market Share Analysis, By Form
4) Farm Types Introduction Indoor Vertical Farming Greenhouse Hydroponics Outdoor Fields Gardens Nurseries Y-o-Y Growth Analysis, By Farm Types Market Attractiveness Analysis, By Farm Types Market Share Analysis, By Farm Types
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Reasons to buy Latin America Fruit and Vegetable Seeds Market Research Report:
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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