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Oct 9, 2019 4:22 AM ET

Seeds Companies: Monsanto Company, Bayer, Syngenta AG and Dow Chemicals


Seeds Companies: Monsanto Company, Bayer, Syngenta AG and Dow Chemicals

iCrowd Newswire - Oct 9, 2019

A seed is a small embryonic plant enclosed in an outer covering, known as the seed coat, which helps in protecting the embryo. It plays a vital role in the reproductive process of plants by performing various functions such as providing nourishment to the embryo, dispersing to new locations and dormancy in unfavorable weather conditions. A rapid increase in the global population and consequent rise in the demand for food have created a positive impact on the sales of the enhanced seed varieties worldwide. According to IMARC Group, the global seeds market reached a value of US$ 66.9 Billion in 2018, exhibiting a CAGR of 7% during 2011-2018.

The global seeds industry is highly concentrated due to the monopoly of the top 5 seed companies in the market. These key players include:

1- Monsanto Company
2- Bayer
3- E.I. du Pont de Nemours and Company (DuPont)
4- Syngenta AG
5- Dow Chemicals

Source: https://www.imarcgroup.com/top-key-players-global-seeds-market

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Keywords:    Seeds Companies

Tags:    Research Newswire, English