In agriculture and gardening, hybrid seed is used produced by cross-pollinated plants. Hybrid seed production is predominant in modern agriculture and home gardening. It is one of the main contributors to the dramatic rise in agricultural output during the last half of the 20th century. The alternatives to hybridization are open pollination and clonal propagation.
All of the hybrid seeds planted by the farmer will produce similar plants, while the seeds of the next generation from those hybrids will not consistently have the desired characteristics. Controlled hybrids provide very uniform characteristics because they are produced by crossing two inbred strains. Hybrids are chosen to improve the characteristics of the resulting plants, such as better yield, greater uniformity, improved color, disease resistance.
In agriculture and gardening, hybrid seed is used produced by cross-pollinated plants. Hybrid seed production is predominant in modern agriculture and home gardening. It is one of the main contributors to the dramatic rise in agricultural output during the last half of the 20th century and products will be consumed in large quantities in the future.
In 2018, global hybrid seed
total consumption reaches 2081 K MT, and it was 1875 K MT in 2014. The CAGR of global hybrid seed consumption from 2014 to 2018 is about 2.64%. Outdoor Farm is the biggest consumption area, which is estimated to account for 95.78% in 2018, and Bayer CropScience is largest supplier for hybrid seed industry.
Hybrid seeds are classified as Grain, Fruits & Vegetables, Oilseeds, etc. In 2018, Grain accounted for a major share of 79.46%.
The market competition is intensive because currently there is huge number of enterprises that engaged in hybrid seed business. The breeding technology of hybrid seed is not advanced; so the involvement of enterprises had pay more attention on the technology of hybrid seed breeding to gain more market share. In the last ten years’ significant efforts have been made for commercial exploitation of hybrid through the use of gametocide and CMS lines.
Despite the presence of competition hybrid seed in the market, the demand for is quite tremendous and is growing, investors are still optimistic about this area; the future will still have more new investors to enter the field.