Cotton is an essential commodity which is required for various purposes and is dependent on seasoned production. The cotton production throughout the world is extensive and is carried out in various parts of the world around different times of the year. Henceforth the distribution also involves an extensive network. The present scenario of cotton production and consumption is very clear with India leading in the production front and China heading the way in the consumption of cotton per year. The global cotton seed market is a huge market with the potential to grow further across the continents of the world. The Global Cotton Seed market is expected to grow at a rate of 7% and so is the consumption by a rate of 2%. With various development and breakthrough in the domain of cultivation and production of cotton seeds, the global cotton seed market is seen as a potential market to invest in as predictions portray a positive picture for the gaining pace of cotton market.
Market Segment and Share
With India leading the baton in the global cotton seed market and China heading the consumption, the other major players like USA, which happens to be the worlds largest exporter of cotton seeds in the global market, Brazil, Pakistan, Bangladesh and many others, the global market is forecasted to grow at a rate of 7% to 24.6 million tonnes and will continue growing at a cumulative annual growth rate (CAGR) of 6.2% during the period of 2017-2021.
The Global Cotton Seed market is segmented on the basis of region which are North America, South America, Europe, China, Japan, India and Southeast Asia. In North America, USA is the largest producer and exports 3 million tonnes of cotton. The number is expected to take a dip in the coming years and is forecasted to hit 2.7 million in the fiscal year 2017-18.India, China and USA together contribute to two-thirds of the total global cotton production and is seen as the hottest and potential market for cotton seeds.
In the Southern America, Brazil is the major producer and exporter in the particular region too. Brazil exports its cotton to the neighbouring countries hence the demand for cotton seed in Brazil is ever growing with a steady pace.
In Europe, who happens to be the largest importer of Cotton, the market for cotton seed is growing as the production is not yet in the full-fledged mode.
In Asia, India is the largest producer and China is the largest consumer which in itself drives the cotton seed market of the continent. The forecast is that India will remain the largest producer of cotton for the third consecutive year and the production volume will rise by 0.2 million tonnes in 2017-18. The consumption of cotton in China is also likely to remain stable at 7.7 million tonnes for the coming year. But is expected to decline in the period from 2018-2021. The price of cotton has also seen a hike in China to USD $262/Ton.
The major drivers in the global cotton seed market are demand from the oil seed industry, and demand for cotton in textile industry. Cotton is in demand from many other industries but these two acts as a driving force for the growth of global cotton seed market apart from the domestic consumption of cotton.
Major Players in the Global Market
The major market players include Mosanto, Dow, Dupont, Bayer, Grand Agriseeds, Winall Hi-tech Seed, RijkZwaan, Navdanya Seed Co., Biocentury Group, etc.Report Contents
> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key PlayersRegional Analysis:
> North America
>> US and Canada
> Latin America
>> Mexico, Brazil, Argentina and Rest of Latin America
> Western Europe
>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe
> Eastern Europe
>> Rest of Eastern Europe
> Asia Pacific
>> Australia and New Zealand
>> Rest of Asia Pacific
> Middle East and Africa
>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.Report Highlights:
> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology
> Extensive Industry Structure Coverage
Publisher Name : Market Litmus