North America Wheat Seed Market

North America Wheat Seed Market Size, Growth, Trends and Forecast:

North America Wheat Seed Market was worth USD xx billion in 2021 and estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2026.

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.

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.

North America Wheat Seed Market Drivers:

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.

North America Wheat Seed Market Segmentation:

North America Wheat Seed Market - By Type:

• Hard red winter wheat

• Hard red spring wheat
• Soft red winter wheat
• White wheat
• Durum wheat

North America Wheat Seed Market - By Application

• Bakery
• Dairy
• Confectionary
• Nutritional supplements
• Others

Geographical Analysis:

The North America market has been geographically segmented into segmented into

• US
• 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.

Key Players:

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.