Seed Testing Services Market Overview:
The goal of this research is to give a comprehensive analysis of the Seed Testing Services market by component, application, industry, and geography. The paper goes into great detail on the major variables impacting the growth of the Seed Testing Services market. The report also provides a thorough examination of the market's value chain.
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Seed Testing Services Market size was valued at US$ 814.61 Mn. in 2020 and the total revenue is expected to grow at a CAGR of 6.0% through 2021 to 2027, reaching nearly US$ 1,224.87 Mn.
Market Scope:
The "Global Seed Testing Services Market Analysis" is a detailed investigation of the Seed Testing Services market, with a focus on global market trends and analysis. The goal of this research is to provide an overview of the Seed Testing Services market as well as detailed market segmentation based on connection type, end-use, and geography. The Seed Testing Services market is expected to grow substantially over the forecast period. The study contains critical information on the market positions of the leading Seed Testing Services players, as well as noteworthy industry trends and opportunities.
Secondary research is used to examine and forecast the Seed Testing Services market, and it begins with sources that gather revenue data from important suppliers. When estimating market segmentation, vendor offerings are also taken into account. Using the income of key firms, the whole size of the Seed Testing Services market was determined using the bottom-up technique.
Drivers:
The primary factors propelling the global seed testing services market forward are an increase in crop production, a quickly expanding agriculture industry, and a rise in the demand for seed testing services by producers to increase productivity. Additionally, the global market for seed testing services may have numerous opportunities to expand during the forecast period due to advancements in seed testing technology.
Additionally, firms in Canada and the United States offer seed testing certification in accordance with the requirements of the Association of American Seed Control Officials (AASCO). Leading companies also offer other services, including blue certification, ISO certification, Natural Organic Certification Agro (NOCA) for organic crops. When various seed tests are finished, these certificates are given out.
Segmentation:
The market is divided into Purity Test, Moisture Test, Vigor Test, Germination Test, and Others based on the test type. By 2027, the Purity Test segment is anticipated to have the largest market shares. To make sure that your seed doesn't lose value due to the presence of undesirable seeds, it's crucial to test for purity. Purity testing of seed ensures that seed lots are of high quality and that seed labels adhere to Federal Seed Act requirements. In the global market during the forecast period, these are the major factors boosting the growth of the Purity Test segment.
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Key Players:
The major players covered in the Seed Testing Services market report are
• SGS SA
• AMM Seed Testing, Inc.
• 20/20 Seed Labs Inc.
• Eurofins USA
• PGRO
• SoDak Labs, Inc.
• California Seed and Plant Lab, Inc.
• Ransom Seed Laboratory, Inc.
• Intertek Group
• DuPont
• Syngenta
• KWS AG
• Dow USA
• Delta & Pine Land
• Sakata
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Regional Analysis:
Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.
COVID-19 Impact Analysis on Seed Testing Services Market:
The COVID-19 outbreak has affected industries such as aerospace and defense, agriculture, autos, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among others. COVID-19 has had an influence on the Seed Testing Services market as a whole, as well as the growth rate in 2019-2020 as the impact of COVID-19 spreads. Our most recent investigation, viewpoints, and pieces of administration expertise are vital to the firms and associations in the Seed Testing Services sector, which is driving through the COVID-19 emergency to handle risk digitizing tasks in order to communicate trustworthy data and experiences to CEOs.
Key Questions Answered in the Seed Testing Services Market Report are:
- Which segment grabbed the largest share in the Seed Testing Services market?
- What is the competitive scenario of the Seed Testing Services market in 2020?
- Which are the key factors responsible for the Seed Testing Services market growth?
- Which region held the maximum share in the Seed Testing Services market in 2020?
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