Grain Seeds such as rice, wheat, barley, and corn are some of the most commonly consumed foods in the world. Right? But have you ever wondered who are the leading players in the grain seed industry? Or which are those company profiles that dominate the entire market? If you are interested to know more about those market players, then you are at the right spot.
In today’s blog, we are going to discuss about the top 5 dominating participants in the global grain seeds market. But before moving further, let’s look into some basic details about this market first.
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Grain seeds are small, hard, and edible dry seeds that grow on grass-like plants called cereals. They are a staple food in most of the country, and have played a key role in human history. Wheat is one of the first crops to be domesticated about 10,000 years ago in the Middle East.
The recent report of MarkNel Advisors states that it is anticipated to grow at a CAGR of around 4.2% during the forecast period, i.e., 2024 to 2030. The market is constantly growing due to the changing dietary patterns overall economic growth & urbanization, and sustainable agriculture practices. Grain seeds, encompassing important crops such as corn, wheat, barley, rice, oats, and more, play a remarkable role in the world’s caloric needs and serve as a staple in multiple diets, which is one of the major factors boosting the demand.
Besides, grain seeds have found extensive applications in several other countries, including biofuels, animal feed, and food processing, further aiding in the growth of the industry.
There are several company profiles catering the Global Grain Seeds Market. The leading companies are:
To sum up, grain seeds offer several potential benefits, though there are some potential downsides for certain groups of people. Therefore, the overall quality of your diet has more of an effect on health than anyone food or food group.