The Seed replacement rates has proportionally risen north with the seed industry, which witnessed a CAGR of 7% during the the last decade. The global seeds market has been reported to have reached a value of more than US$ 62.1 Billion in 2017, as per MARC Group’s latest report, titled, “Seed Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”.
Amsterdam based Access to Seed foundation, published one of a kind report which throws light on companies taking lead in reaching smallholder farmers in south & south East Asia. Access to Seed Index is part of the world benchmarking alliance (WBA), launched last September during the UN general Assembly in New York. One of the major challenges outlined by the United Nations’ Sustainable Development Goals (SDGs) is helping farmers to grow more nutritious food which is the key to achieve food and nutrition security, ASI is backing this idea in the report.
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