Biotech Updates

Global Seeds Market Report 2015 Released

March 25, 2015

The biotechnology seed market is the fastest-growing area in the commercial seed sector, according to the Global Seeds Market Report: 2015 Edition released by Market Reports. The growing population and reduction in arable land is expected to raise the demand for GM seeds which have improved traits than conventional seeds.

"The key factors which are anticipated to drive market growth include increasing global population, growing insect resistance and stacked area and rapid adoption of biotech crops. Some of the noteworthy industry trends include merger and acquisition among seed companies and preference of GM crops over others. However, the industry remains threatened by certain challenges which include asynchronous GM approval timelines, seed quality certification system and decline in international fruit and vegetable seed trade among others," says the report.

Read more about the report from Market Reports.