It also develops seeds and plants using advanced genetics and related technologies. The company is engaged in the discovery, development, production, and marketing of a range of products designed to improve crop yields and food quality. Syngenta was formed in December 1999 with the spin-off and merger of the agrochemical and seed division of Novartis, and the agrochemicals and biotechnology research divisions of AstraZeneca. Moreover, it helps farmers maximize the value of their investment through high-performing genetics and effective science-based solutions that optimize yield and crop quality. It also offers integrated and greatly expanded solutions that combine genetics, chemistry and precision agriculture. The company supplies a diverse range of field crop hybrids and varieties alongside crop protection products. It became a publicly-traded company in June 2019. Corteva AgriscienceĬorteva Agriscience was an agriculture division of DowDuPont, which was established by combining DuPont Crop Protection, DuPont Pioneer, and Dow AgroScience. Bayer's primary areas of business include human and veterinary pharmaceuticals consumer healthcare products agricultural chemicals and biotechnology products and high-value polymers. From 1925 to 1952, the company was a part of IG Farben, the world's largest chemical and pharmaceutical company. On account of these factors, the market value is expected to reach US$ 48.8 Billion by 2027, exhibiting a CAGR of 2.11% during 2022-2027.ĭownload your Global Seeds Market Report Sample for FREE!: List of Top Seed Companies Worldwide: Bayer Crop Science AGīayer Crop Science AG is a multinational chemical, pharmaceutical, and life sciences company. Apart from this, the advancements in technology have prompted several companies to launch enhanced seed varieties, such as quinoa, hemp, caraway, sunflower, tomato, and rice seeds. With the growing health and environmental consciousness, they are also supporting farmers to grow natural and chemical-free products like organic seeds. Besides this, seeds offer food to other species like animals and humans.Īs per the analysis by IMARC Group, the top seed companies are introducing genetically modified (GM) seeds, which is increasing the efficiency of the farmlands. It is enclosed in the seed coat, which protects the embryo and performs several functions such as nourishing, dispersing to new locations, and dormancy in unfavorable weather conditions. A seed is a ripened fertilized ovule of a plant containing an embryo and plays a significant role in generating a new plant. The global seeds market reached a value of US$ 43.4 Billion in 2021.
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