The Global Wheat Seed market
is expected to witness significant growth over forecast year. Grains are
surprisingly simple and very rewarding crop for home gardens. They can be
engrained as early as the ground can be worked in spring. The future of wheat
seed production appears to be mixed. Wheat is a low profit but high volume seed
crop and has been produced majorly by deeply subsidized government seed
programs. With liberalization and privatization, a lot of these programs pose a
threat of getting shut down. However, the private segment might not concentrate
on wheat seed on account of its features which includes high volume, low
profit, and self-pollinating. If private seed enterprises are present, they
consider wheat seed to be of lesser significance. Adding to this, in a majority
of the countries, there are no continuing efforts for the promotion of
better-quality seeds by wheat farmers. Also, no important breeding advancements
have taken place recently to enhance the quality and yield of wheat seeds.
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Farmers have a tendency to
replant their own seeds as wheat is a self-pollinating crop and its grain can
be used as a seed. Hence, it has been projected that over the next few years,
the large majority of small-scale, resource-poor farmers in various developing
nations might have to depend on seeds kept back from the former harvest. In the
developed countries, decreasing prices in the world market for grain do no
inspire the farmers to produce wheat. Furthermore, there has been no prevalent
epidemics of disease which makes seed treatment and hence buying of certified
seeds essential. The US and countries in Europe are making an effort for the
reduction of subsidiaries which will further give rise to reluctance to invest.
On the other hand, there exist
potentials in the developing nations for huge increases if considerably
enhanced variety appears on the market, disease epidemics happen and planned
promotional initiatives lay emphasis on maximum production efficiency together
with enhanced seeds. The introduction of plant variety protection and refined
technologies, for instance, Genetic Use Restriction Technology (GURT), might
also encourage the private sector to capitalize in wheat seed.
The global wheat seed market
is manifest with strong competition owing to the presence of a huge number of
both small as well as big companies. Research and development initiatives from
the wheat seed firms have delivered new technologies so as to diversify the
overall wheat seed market to attain the efficiency of crop production through
the better planting or seed materials. The major companies operating in the
market include C&M Seeds, CHS, CP Seed, China National Seed, Dabeinong,
Dupont Pioneer, Gansu Dunhuang Seed, Grand Agriseeds, Hancock Farm & Seed
Company, Henan Qiule, Jiangsu Dahua, KWS AG, Limagrain, Longping High-tech,
Monsanto, Pacific Seeds, Seed Co, Shunxin Agriculture, Syngenta, Zhongnonfa
Seed, Goldoctor, AGT, Advanta, Agrovegetal, Anhui Wanken, Hefei Fengle, Henan
Tiancun, Jiangsu Mingtian, Jiangsu Zhongjiang, Pro Harvest, RAGT, Shandong
Denghai, Shandong Luyan, Win-all Hi-tech, and Zhong Bang.
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