Latin America Plant Breeding and CRISPR Plant Market is expected to grow with the CAGR of 12.7% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.
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Latin America plant breeding & CRISPR plant market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in Latin America plant breeding & CRISPR plant market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio.
For instance,
- In January 2020, Syngenta Crop Protection AG has joined forces with Asur Plant Breeding and developed a technology for the successful transfer of pollen in breeding technique. This partnership will help Syngenta strengthen its research and development sector which will help attracting more consumers and set large consumer base for the company.
Bayer AG is the dominating player in Latin America plant breeding & CRISPR plant market. The other key players existing in the market includes SYNGENTA GROUP, CORTIVA AGRISCIENCE, BASF SE, Limagrain, DLF, Bioceres Crop Solutions, KWS SAAT SE & Co. KGaA, Advanta, GDM among others.
Bayer AG, is headquartered in Leverkusen, Germany and was founded in 1863. The company delivers high-quality seeds & traits for high-yielding crops with improved insect control and weed management. The product categories of the company include Roundup Ready 2 Xtend Crop System, Seminis out of which oundup Ready 2 Xtend Crop System, Seminis is the market focused category.
For Instance,
- In September 2020, Bayer AG has pre-launched the trial of new tomato varieties with resistance to Tomato Brown Rugose Fruit virus (ToBRFV). The trail began in Mexico with two varieties of Roma type tomato that demand intermediate resistance to ToBRFV. As a result of trails, Bayer AG is expected to release product for commercial sale in Mexico at 2021. Thus, this will help the company to create a strong customer base.
The company has presence in Americas, Asia-Pacific, Middle East and Africa, Europe. In addition to it, the company also generates its revenue from the various subsidiary companies such as Bayer U.S. Finance II LLC, U.S., Bayer Capital Corporation B.V., (the Netherlands), The Climate Corporation (U.S.), Monsanto Company (U.S.) among others.
Corteva Agriscience
Corteva Agriscience is headquartered in Delaware, U.S. and was founded in 2018. The company is focused on providing agricultural chemical and seeds to the farmers. The product categories of the company include Seed Solutions, Crop Protection out of which Seed Solutions is the market focused category.
For Instance,
- In December 2020, Corteva Agriscience partnership with the USAID, global communities and John Decre announced their plan for farmer collaboration in Zambia to increase the productivity, income & sustainable farming practice. Agronomists from Corteva Agriscience, the company behind pannar and pioneer brand seeds will work directly with farmers to enhance adoption of hybrid seed and crop protection technologies.
The company has a presence in North America, Asia-Pacific, Middle East and Africa, Europe, South America, Latin America. In addition to it, the company also generates its revenue from the various subsidiary companies such as Pioneer Hi Bree International (U.S.), Granular, Inc. (U.S.), Mycogen Seeds (U.S.), DuPont Safety Resources (U.S.), Dupont DCSE (U.S.), CoastalTraining Technologies Crop (U.S.) among others.
Syngenta Crop Protection AG
Syngenta Crop Protection AG is headquartered in Basel, Switzerland and was founded in 2000. The company focuses on provides hybrid varieties and biotech crops to farmers with stronger and resistant plants to fight against seeds, pest and drought. The company offers various product categories such as Protecting Crops and Seeds out of which Seeds is the market focused category.
For Instance,
- In January 2020, Syngenta Crop Protection AG has joined forces with Asur Plant Breeding and developed a technology for the successful transfer of pollen in breeding technique. This partnership will help Syngenta strengthen its research and development sector which will help attracting more consumers and set large consumer base for the company.
The company has presence in Americas, Asia-Pacific, Middle East and Africa, Europe. In addition to it, the company also generates its revenue from the various subsidiary companies such as Adama Agricultural Solutions (Israel), Syngenta Corporation (U.S.), Syngenta Korea Limited (Korea), Syngenta Crop Protection, LLC (U.S.), Syngenta Italia Spa (Italy), Syngenta Germany Gmbh (Germany) among others.