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North America Wheat Seed Market Forecasts (2016–2021)

 



(EMAILWIRE.COM, March 30, 2018 ) The North America Wheat Seed Market was worth USD xx billion in 2016 and estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2021. Wheat is one of the important staple crop cultivated widely for its seed, a cereal grain. In North America, wheat is leading protein food and important source of carbohydrates. It is also good source of fibre, manganese and magnesium in its unrefined state. The wheat crop is highly volume and low profit owing to production by heavily subsidized government seed programmes. Wheat crop can be widely adaptable and grown in tropical and sub-tropical zones and also in cold traces of the north, beyond the 60-degree north altitude.

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Different products are derived from the wheat including flour, wheat, bran, bulgur, wheat germ, wheat germ oil and pasta. Wheat flour is used in baked goods such as breads, cookies and muffins.
Wheat grain is source of alcoholic beverages and bran from flour milling is important for livestock feed. The most common forms of wheat are red and white wheat. Black, yellow and blue wheat are commercially minor but nutritionally promising species. Technology innovation in wheat industry includes seed storage and germination ability which is amplifying the wheat seed market around the world.

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The North America Wheat Seed Market is mainly driven by the demand of food due to increasing population around the world and concern about healthy food. In addition, factors like changing lifestyle, increase in disposable income, technology innovations in production, storage and transportation of seeds, favourable government reimbursements, success of hybrid seeds and highly nutrition food compared to other cereals are also driving the growth of the North America wheat seed market. However, High labour cost, unfavourable weather condition and traditional harvesting methods are hampering the growth of the market.

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The North America Wheat Seed Market can be segmented on the basis of type, application and region. On the basis of type, the market is segmented into hard red winter wheat, hard red spring wheat, soft red winter wheat, white wheat and durum wheat. On the basis of application, the market is segmented into bakery, dairy, confectionary, nutritional supplements and others. Bakery is the largest segment due to the extensive use of wheat in its products. The North America market has been geographically segmented into segmented into US and Canada. Wheat is the primary food staple in North America. As of 2016, North America leads the wheat seed software market, accounting for more than 34% of the entire market share due to the advanced wheat seed technologies, increased government funding and increased yield by means of quality seed application.

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Key players dominating the North America wheat seed market are Syngenta, Monsanto Company, E. I. du Pont de Nemours and Company, Bayer Crop Science AG, Advanta, Pro Harvest, RAGT, Agrovegetal, Lima grain, Northern Seeds, KWS Saat, C & M Seeds and China National Seed Group.

About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com

Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com

Market Data Forecast.

Abhishek Shukla

+1-888-702-9626

abhishek@marketdataforecast.com

Source: EmailWire.Com


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