Technavio has been monitoring the cottonseed market and it is poised to grow by USD 2.28 billion during 2020-2024, progressing at a CAGR of over 4% during the forecast period.
The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period.
All-Tex Seed Inc., Americot Inc., BASF SE, Bayer AG, Corteva Agriscience, DuPont de Nemours Inc., Kaveri Seed Co. Ltd., Land O’Lakes Inc., Maharastra Hybrid Seeds Co. Pvt Ltd., and Nuziveedu Seeds Ltd. are some of the major market participants.
To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Demand for cottonseed oil has been instrumental in driving the growth of the market.
This study identifies the adoption of new technologies and the development of new products by vendors as one of the prime reasons driving the cottonseed market growth during the next few years.
For more information about this report, visit www.technavio.com/