Agribusiness

  Seeds Market Outlook The Seeds Market Size ofreached USD 60.5 Billion in 2022. The industry is anticipated to experience growth, with projections indicating an increase from USD 63.1 Billion in 2023 to USD 89.1 Billion by 2032. This upward trajectory reflects a compound annual growth rate (CAGR) of 4.40% from 2023 to 2032. Key drivers contributing to market growth include the escalating demand to boost the utilization of biofuels and animal feed, the imperative to enhance food production, and the ongoing modernization of agriculture practices.the need to increase food production, surge in usage of animal feed and biofuel, and agriculture modernization are the factors  expected to drive the growth of the market. Based on type, the global seeds market has been segmented into GM seeds and Non-GM seed. GM seeds segment is anticipated to gain the largest revenue share in the global seeds market and shall maintain lead throughout the forecast period.  The demand of GM seed...