Dodder Seeds Market Trends and Forecast
The future of the global dodder seeds market looks promising with opportunities in the herbal medicine, dietary supplement, and personal care & cosmetic markets. The global dodder seeds market is expected to reach an estimated $9.4 billion by 2030 with a CAGR of 10.8% from 2024 to 2030. The major drivers for this market are rising demand for traditional medicine ingredients, increasing awareness of organic farming practices, and growing interest in natural dietary supplements.
• Lucintel forecasts that Chinese dodder seed is expected to witness higher growth over the forecast period.
• Within this market, herbal medicine is expected to witness the higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Dodder Seeds Market
• United States: In 2023, Corteva Agriscience launched a new herbicide-tolerant dodder-resistant seed line, targeting organic farmers. The USDA also announced funding for research on dodder control in agricultural fields.
• China: Syngenta introduced a genetically modified dodder-resistant seed variety, aiming to reduce crop losses. The Chinese government set a target to increase dodder-resistant seed adoption by 20% by 2025.
• India: Monsanto partnered with local agritech firms to develop hybrid dodder-resistant seeds. The Indian Council of Agricultural Research (ICAR) initiated a project to study dodder impact on major crops.
• Brazil: Embrapa, BrazilÄX%$%Xs agricultural research corporation, launched a breeding program for dodder-resistant soybean varieties. The Brazilian government provided subsidies to farmers adopting dodder-resistant seeds as part of their sustainable agriculture initiative.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Dodder Seeds Market by Segment
The study includes a forecast for the global dodder seeds market by type, application, and region.
Dodder Seeds Market by Type [Value from 2018 to 2030]:
• Chinese Dodder Seed
• Australian Dodder Seed
• California Dodder Seed
Dodder Seeds Market by Application [Value from 2018 to 2030]:
• Herbal Medicine
• Dietary Supplements
• Personal Care & Cosmetics
Dodder Seeds Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Dodder Seeds Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies dodder seeds companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the dodder seeds companies profiled in this report include-
• Company 1
• Company 2
• Company 3
• Company 4
• Company 5
Recent Development in the Dodder Seeds Market
• Syngenta Group: Syngenta announced the development of a new variety of dodder-resistant seeds aimed at increasing crop yields for farmers facing severe dodder infestations. This initiative is part of their ongoing research and development program focused on sustainable agricultural solutions.
• BASF: BASF has launched a new line of herbicide-tolerant dodder seeds, which allow farmers to use specific herbicides without damaging their crops. This innovation is expected to significantly improve weed management and reduce crop losses due to dodder infestation.
• Monsanto (Bayer Crop Science): Monsanto, under BayerÄX%$%Xs Crop Science division, has introduced a genetically modified dodder-resistant seed variety. This product is engineered to prevent dodder from attaching to host plants, thereby protecting crops from parasitic damage.
• Dow AgroSciences: Dow AgroSciences has unveiled a new seed treatment that enhances the natural defenses of crops against dodder. This treatment is applied directly to seeds before planting and has shown promising results in field trials, reducing the impact of dodder infestations.
• DuPont Pioneer: DuPont Pioneer is collaborating with universities and research institutions to develop advanced dodder-resistant seed varieties. Their latest research focuses on integrating biotechnological advancements to create more robust and resilient seeds against dodder parasitism.
Features of the Global Dodder Seeds Market
Market Size Estimates: Dodder seeds market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Dodder seeds market size by type, application, and region in terms of value ($B).
Regional Analysis: Dodder seeds market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the dodder seeds market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the dodder seeds market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the dodder seeds market size?
Answer: The global dodder seeds market is expected to reach an estimated $9.4 billion by 2030.
Q2. What is the growth forecast for dodder seeds market?
Answer: The global dodder seeds market is expected to grow with a CAGR of 10.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the dodder seeds market?
Answer: The major drivers for this market are rising demand for traditional medicine ingredients, increasing awareness of organic farming practices and growing interest in natural dietary supplements.
Q4. What are the major segments for dodder seeds market?
Answer: The future of the dodder seeds market looks promising with opportunities in the herbal medicine, dietary supplement, and personal care & cosmetic markets.
Q5. Who are the key dodder seeds market companies?
Answer: Some of the key dodder seeds companies are as follows:
• Company 1
• Company 2
• Company 3
• Company 4
• Company 5
Q6. Which dodder seeds market segment will be the largest in future?
Answer: Lucintel forecasts that Chinese dodder seed is expected to witness higher growth over the forecast period.
Q7. In dodder seeds market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the dodder seeds market by type (Chinese dodder seed, Australian dodder seed, and California dodder seed), application (herbal medicine, dietary supplements, and personal care & cosmetics), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Dodder Seeds Market Market, Dodder Seeds Market Market Size, Dodder Seeds Market Market Growth, Dodder Seeds Market Market Analysis, Dodder Seeds Market Market Report, Dodder Seeds Market Market Share, Dodder Seeds Market Market Trends, Dodder Seeds Market Market Forecast, Dodder Seeds Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.