Bayer ADR BAYRY

Healthcare

Bayer AG is a German-based life science company. The Company's segments are Crop Science, Pharmaceuticals and Consumer Health. The Crop Science segment focuses on seeds, improved plant traits, chemical and biological crop protection products, digital solutions and customer service for sustainable agriculture. The Pharmaceuticals segment focuses on prescription products, especially for cardiology and women's healthcare and specialty therapeutics focused on the areas of cardiology, oncology, hematology and ophthalmology, as well as gene therapy and others. The Consumer Health segment develops, produces and markets nonprescription over-the-counter medicines for self-medication. Its Consumer Health segment portfolio consists of products in dermatology, dietary supplement, analgesic, gastrointestinal, cold, allergy, sinus and flu, foot care and sun protection categories, among others.

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Post by ivosmithon Dec 15, 2023 3:14am

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Post# 35786091

Vegetable Seed Market Report, Outlook 2024-2032

According to the latest research report, the global vegetable seed market size reached US$ 6.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 8.6 Billion by 2032, exhibiting a growth rate (CAGR) of 3.7% during 2024-2032.

The market is currently experiencing growth, primarily propelled by the ongoing rapid expansion of the global population. As the world's population continues to grow, there is an accompanying increase in the demand for food, specifically vegetables. This heightened demand necessitates a continuous boost in agricultural production, with vegetable seeds playing a central role in this effort. To cater to the growing population's needs, farmers are actively seeking high-yielding and disease-resistant vegetable seeds that can maximize crop output.

The continuous growth in population also serves as a driving force for innovation in agriculture, leading to the ongoing development of hybrid and genetically modified vegetable seeds capable of thriving in various environmental conditions, ensuring a stable food supply. Furthermore, urbanization trends have resulted in the shrinking of agricultural land, making it essential to produce more vegetables in smaller spaces. This challenge is being addressed with specialized vegetable seeds tailored for such environments. In essence, the ongoing rapid population growth serves as a catalyst, continually prompting advancements in vegetable seed technology and driving the continuous expansion of the market to meet the ever-increasing global food demand.

Explore full report with Table of Contents: https://www.imarcgroup.com/vegetable-seed-market