Home > Agriculture > Seed & Soil > Seed Management > Drought Tolerant Seeds Market

Drought Tolerant Seeds Market Trends

  • Report ID: GMI10490
  • Published Date: Jul 2024
  • Report Format: PDF

Drought Tolerant Seeds Market Trends

The drought tolerant seeds industry is witnessing several emerging trends that are shaping its future trajectory. There's a growing focus on developing climate-resilient biofortified crops to address food security concerns in the face of changing environmental conditions. Precision breeding techniques and advanced genomic tools are being increasingly employed to accelerate the development of nutrient-enhanced varieties. Consumer demand for natural and minimally processed foods is driving interest in biofortified crops as an alternative to synthetic fortification. There's also a trend towards diversifying the range of crops being biofortified beyond staple grains, to include fruits, vegetables, and legumes.
 

Digital technologies are being leveraged to improve the distribution and adoption of biofortified seeds among smallholder farmers. Additionally, there's an increasing emphasis on Drought Tolerant Seeds as part of broader nutritional strategies, with governments and international organizations integrating it into their food and health policies. These trends collectively point towards a more holistic, technologically advanced, and consumer-driven approach to addressing global malnutrition through Drought Tolerant Seeds.
 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global market size for drought tolerant seeds achieved USD 97.1 billion in 2023 and will record 6.5% CAGR from 2024 to 2032, as they help the farmers to mitigate the risks associated with unpredictable weather conditions and ensure crop yields even in water-stressed environments.

The cereals & grains segment will demonstrate a 6.4% CAGR through 2032 due to the critical role of cereals and grains as staple foods for the global population, their vulnerability to climate change, and their economic importance as cash crops.

Asia Pacific drought tolerant seeds industry reached USD 36.3 billion in 2023 and will record 6.8% CAGR during 2024 and 2032, fueled by the increasing impacts of climate change, rapid population growth, and rising food demand.

Nuseed Pty Ltd., Calyxt Inc., DowDuPont, Stine Seed Farm Inc., Maharashtra Hybrid Seed Company (MAHYCO), R. Simplot Co., Jk Agri Genetics Ltd., Pioneer Hi-Bred International Inc., Cyanamid Agro Ltd., and Ciba among others.

Drought Tolerant Seeds Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 172
  • Countries covered: 22
  • Pages: 200
 Download Free Sample