Friday, February 28th, 2020

Western Australia Holds Highest Demand for Genetically Modified Canola Seeds in Australia Seed Market

INVC NEWS New Delhi, Australia Seed market size, market segmentations by open pollinated, hybrid genetically modified seeds, by crop type (wheat, barley, oats, pulses, sorghum, maize, rice, triticale, oilseeds (canola, cottonseed, sunflower, linseed, soybean, peanuts and safflower), potato & other vegetables), by market structure (organized and unorganized market) and by market source (domestic production and imports). The report also covers market in different aspects such as trends and developments, issues and challenges, SWOT analysis, regulatory scenario, market share of major seed producers, company profiles of major seed producers (DuPont Pioneer, Syngenta, Monsanto, Rijk Zwaan, Heritage Seeds, Terranova Seeds, Pacific Seeds, Valley Seeds, Specialty Seeds and Nindethana Seed Company) in Australia seed market. The report provides detailed overview on future outlook & projections with analyst recommendations for the industry. Seed market in Australia has been supported by growth in export of agricultural crops and rise in average farm income of farmers. The overall growth in the agricultural sector along with growing popularity of organic farming in the country will lead the growth of the Australian seed market in upcoming years. Australia seed market is expected to show modest growth over the next five years on account of stabilization and gradual growth of the agricultural sector in the country. The agricultural sector in the country is to a great extent dependant on export of crops. The government and various associations in the country have their focus on increasing the overall exports and increase the number of destination countries. In recent years the overall sown farm area has also increased and is likely to continue the positive growth trend in the future. Owing to these factors the overall seed market in Australia is expected to augment in the long run. There has been a considerable rise in average farm income of farmers in the country. This is likely to attract more people towards farming. More people are getting into the field research on agriculture crops and seeds in the country. This will lead to the overall development of the seed market in the country. Local players are growing hybrid seed that are resistant to native diseases, which is likely to strengthen the indigenous seed market in the country. The government has permitted the use of genetically modified seed in many parts of the country and use of GM seeds is also likely to increase in the future.  Organic farming is also gaining popularity, the country has huge potential to be one of the largest producers of organic crops in the world. All these factors combined are expected to positively affect the growth of the seed market in the country. Ken Research in its latest study, Australia Seed Market by Technology Type (Open Pollinated, Hybrid and Genetically Modified Seeds) by Crop Type (Wheat, Barley, Oats, Pulses, Sorghum, Maize, Rice, Triticale, Oilseeds, Potato & Other Vegetables) - Outlook to 2022, suggests that demand for seeds in the Australia market will grow at a modest rate owing to increase in export of agricultural crops, growth of organic farming and increase in use of GM seeds in the country. Key Topics Covered in the Report: Australia Seed Market Research Report Australia Seed Market Production Output Open Pollinated Seed Market in Australia Hybrid Seed Market in Australia Genetically Modified Seed Market in Australia Competition in Australia Seed Industry Major Crop Production Australia seed market Market Share of Major Players in Australia Seed Grain Seeds Exports from Australia Future Outlook for Australia Seed Market Australia Seed Market Trends and Developments SWOT Analysis in Australia Seed Market DuPont Australia Revenue from Seed Monsanto Seed Production Australia Syngenta Australia market share Rijk Zwaan Seed Production Australia Heritage Seeds Market Revenue Land under Cultivation in Australia Government Regulations in Australia Seed Market



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