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Global Custom Selected Seed Market is Forecast to Reach US$ 3,991,402.3 Thousand by 2033 | Future Market Insights, Inc.



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NEWARK, Del, March 10, 2023 (GLOBE NEWSWIRE) — As per FMI, the global custom selected seed market size is set to reach US$ 2,067,345.1 thousand in 2023. Over the next ten years, global custom selected seed sales will rise at 6.9% CAGR. This will propel the global market valuation to US$ 3,991,402.3 thousand by 2033.

One of the key trends impacting the custom selected seeds market is the shift in agricultural practices worldwide. Adoption of precision farming is encouraging farmers to use custom selected seeds.

Farmers are showing a keen inclination towards purchasing custom selected seeds. This is due to rising awareness about the advantages of using improved seed varieties.

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Custom selected seeds offer advantages over conventional seeds. This includes higher yields, improved nutritional quality, reduced crop damage, disease resistance, etc.

These seeds allow farmers to develop large quantities of high-quality agricultural products. For instance, in India, custom based seeds generated 30% of agricultural earnings in 2019, as per the World Bank Group. Driven by this, sales of custom selected seeds are set to rise at a robust pace.

Increasing global population and consequent increase in food demand will elevate demand worldwide. By using custom selected seeds, farmers can counter the rising food insecurity.

Adoption of advanced technologies by farmers for their day-to-day activities will boost market. Smart connected technologies such as ZigBee, low power wide area (LPWA), Wi-Fi, and additional wireless sensing technologies enable farmers to efficiently plan and execute various agricultural and farming operations. This includes weather forecasting, soil-testing and enriching techniques, and so on.

Rising investments in finding new methods to enhance agricultural productivity via the use of artificial intelligence and automation will support market development.

Key Takeaways from the Global Custom Selected Seed Market Study

  • Global custom selected seed sales are likely to surge at 6.9% CAGR between 2023 and 2033.
  • By seed type, tomatoes segment dominates the market with a revenue share of about 55.3%.
  • By cultivation method, controlled environment agriculture segment will expand at a healthy pace.
  • North America is forecast to hold around 32.1% value share of the global market by the end of 2023.
  • Custom selected seed demand across India is likely to rise at a healthy pace through 2033.
  • China is set to emerge as one of the lucrative markets for custom selected seeds.

“Technologies related to agriculture fall under 4 key areas. This includes sensors, food, automation, and engineering. Technologies that extend the reach of agriculture to new means and new areas are quality seedling production, sowing, planting, festination techniques, and others. Use of these advanced technologies in agriculture will support expansion of the target market.” says an FMI analyst.

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Who is Winning?

Key players are focusing on adopting various growth strategies such as mergers and acquisitions to sustain their position in the target market. For instance, recently in 2023, Italy-based Maraldi Sementi Srl acquired Denmark-based spinach breeding company DeSeed. De Bolster focuses on sustainable solutions and harnesses the power of GeNee Technology to increase the available planting rates of its tomato, pepper, and cucumber seeds.

Leading custom selected seed manufacturers include US Agriseeds, Emerald Seed Company, Hazera Seeds USA Inc., East West Seed Co., Antaris Seeds S.L., Bozhou Swanf Natural Product Co., Ltd., Shanghai Touchhealthy Biotechnology Co., Ltd, Hebei Shuangxing Seeds Co., Ltd., Beijing Mantian Seeds Co., Ltd., Bayer Group, Clover Seeds, AreoFarms, Durga Seed Farms, Genesis Seeds Ltd., Nirit Seeds Ltd., Sandia Seed Company, Tyler Farms, Anseme Srl, Tokita Seeds Co., Ltd., and Asia Seed Co., Ltd. among others.

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Future Market Insights, in its new offering, provides an unbiased analysis of the global custom selected seed market, presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.

The study divulges compelling insights on the global custom selected seed market based on seed type (tomatoes, peppers, cucumbers, lettuce, spinach, and strawberries), cultivation method (open field and controlled environment agriculture), and variant (commodity and premium) across several regions.

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Global Custom Selected Seed Market by Category:

Seed Type:

  • Tomatoes
  • Peppers
  • Cucumbers
  • Lettuce
  • Spinach
  • Strawberries

Cultivation Method:

  • Open Field (OF)
  • Controlled Environment Agriculture (CEA)
  • By Variant:
  • Commodity
  • Premium

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

About Consumer Product Division at Future Market Insights

The consumer product team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the consumer product industry, the team is happy to help with every business intelligence research and consulting requirement.

Complete TOC with Report Preview:

Table of Content

1. Executive Summary | Custom Selected Seed Market

    1.1. Global Market Overview

    1.2. Summary of Key Statistics

    1.3. Summary of Key Findings

    1.4. Product Evolution Analysis

    1.5. FMI Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage/Taxonomy

    2.2. Market Definition/Scope/Limitations

3. Key Market Trends

    3.1. Key Trends Impacting the Market

    3.2. Future Prospects of Custom Selected Seeds Industry

        3.2.1. Factors Fuelling Growth

        3.2.2. Influx of Brands

        3.2.3. Innovative Distribution & Marketing Strategies

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About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Artificial Intelligence

Infosys collaborates with Microsoft to accelerate and democratize industry-wide adoption of generative AI




Both companies will help enterprises take an AI-first approach to scale next-generation AI solutions to improve operational efficiencies, drive revenue growth, and enable business transformation
BENGALURU, India, Sept. 26, 2023 /PRNewswire/ — Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced that it is collaborating with Microsoft to jointly develop industry leading solutions that leverage Infosys Topaz, Azure OpenAI Service and Azure Cognitive Services. Both organizations are bringing together their respective artificial intelligence (AI) capabilities to enhance enterprise functions with AI-enabled solutions across multiple industries. The integrated solutions will accelerate rapid democratization of data and intelligence that will help businesses increase productivity and drive new revenue growth.

Generative AI has opened new avenues of AI applications and key enterprise functions across industries, and Infosys is providing services, frameworks, solutions, and platforms in multiple application areas, such as semantic search, document summarization, contact center transformation, AI-augmented software development lifecycle (SDLC) and marketing content creation. For example, Infosys helped a leading financial services company implement an AI-based solution to generate document summaries and provide a semantic search capability using generative AI. This resulted in automated organization of documents, which significantly reduced efforts and improved productivity of their financial advisors.
Through the collaboration with Microsoft, Infosys Topaz is using Azure OpenAI Service and Azure Cognitive Services to augment its capabilities, in order to help enterprise customers transition from digital to AI solutions. The integrated solutions will boost customers’ operational efficiency, decrease turn-around-time, future-proof investments, and open new business models.
Balakrishna D. R. (Bali), Executive Vice President and Global Head – AI and Automation, Application Development & Maintenance, Infosys, said, “Infosys Topaz is empowering businesses with improved operational efficiencies and reduced time-to-market for launching new products and services. It converges the power of Infosys Cobalt and data analytics to AI-power business and deliver cognitive solutions and intuitive experiences that revitalize growth. Through our strategic collaboration with Microsoft, we will continue to lead the generative AI revolution, helping businesses amplify human potential and navigate their next towards becoming AI-first enterprises.”
Nicole Dezen, Chief Partner Officer, Microsoft Corp, said, “We’re pleased to expand our collaboration with Infosys to deliver innovative solutions, utilizing Azure OpenAI Service and Azure Cognitive Services, that will help customers develop new business models, and realize new revenue streams. By harnessing the power of generative AI, Infosys will help customers accelerate growth and innovation.”
About Infosys
Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.
Visit to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.
Safe Harbor
Certain statements in this release concerning our future growth prospects, or our future financial or operating performance are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, our ability to attract and retain personnel, our transition to hybrid work model, economic uncertainties, technological innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, and our corporate actions including acquisitions. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2023. These filings are available at Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

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Vena Closes First Half of 2023 With Record Revenue, Customer Base and Partnerships




CPM leader notches impressive year-over-year revenue growth alongside continued recognition of platform capabilities  
TORONTO, Sept. 26, 2023 /PRNewswire/ — Vena, the Intelligent Complete Planning platform loved by finance and trusted by business, entered the second half of 2023  with considerable customer momentum and revenue growth following fiscal H1. The company welcomed more than 200 new customer wins and saw continued success across Vena’s Services and Solutions Partner Ecosystem.  

Vena’s award-winning cloud corporate performance management (CPM) software empowers leading companies and organizations worldwide, such as Nike, Kansas City Chiefs, Coca-Cola Consolidated, WWF-Canada and over 1,600 more, to plan for anything and succeed through today’s uncertainty. For Metro Supply Chain Group, Vena has helped them run multliple scenarios and use multiple forecasts to aid decision making. “Operational metrics are important, but the story is not complete until you can see how they impact your costs, revenue and EBITDA margins. Vena is our way of bringing that all together and measuring the health of our business,” explains Paolo Mari, VP of Business Analytics and Commercial Management at Metro Supply Chain Group. 
According to Vena CEO Hunter Madeley, Vena’s growth has been fueled by the ever-increasing need for customers to derive insights from internal and external data and take purposeful action.  
“Our customers are leveraging Vena to navigate their best path through what continues to be highly variable market conditions for most organizations. The Vena Insights product, which puts the power of AI in the hands of our customers, has seen tremendous uptake this year as finance and operations teams become stronger strategic partners for their organizations. Whether leaning on the experience and knowledge of our service and support teams, or the strength of our expansive Partner ecosystem, our customers are taking full advantage of the investments we continue to make in our platform. We remain grateful to the entire Vena community for their continued support, and we look forward to serving record numbers of customers and partners in 2023,” says Madeley. 
The company, which offers an industry-leading corporate performance management platform that helps organizations plan for anything, also hosted another successful Excelerate Summit in May. The yearly global virtual summit and new this year, a local in-person event in the UK, featured 40+ speakers and drew more than 3,000 finance and business leaders from around the world. Vena previewed expanded solution offerings, including new Partner-built preconfigured solutions (PCS), at Excelerate Summit 2023. The annual conference saw record Partner participation rates with an increase of 80% over 2022 across Partner speakers, attendees and exhibitors. 
Growth in Vena’s revenue and customer base has been accompanied by numerous industry accolades, including:  
Recognized for the fourth consecutive year with a TrustRadius Tech Cares award for going above and beyond to support employees and communities across five areas of focus ( Volunteerism; Robust diversity, equity and inclusion programs; Charitable donations and fundraising; Workplace culture, including support for remote and in-office employees;  Demonstrable support for environmental sustainability). Earning multiple 2023 TrustRadius Top Rated Awards in four categories: Corporate Performance Management (CPM); Budgeting and Forecasting; Financial Close;  Cash Flow Management. Recognition as a Leader in the 2023 Nucleus Research CPM Technology Value Matrix, which acknowledged Vena’s enablement of  “customers to make data-driven decisions, uncover actionable insights and drive growth across their business.” About Vena Vena is the only Intelligent Platform for Complete Planning that’s natively integrated with Microsoft 365, empowering teams to plan the way they think. Vena streamlines financial and operational planning, reporting and analysis processes, and provides advanced analytics and flexible modeling capabilities to help business, finance and operations leaders make informed business decisions. With Vena, you can leverage the power of Microsoft Excel and AI-powered insights in a unified, cloud-based platform that enhances collaboration, scalability and security. Over 1,600 of the world’s leading companies rely on Vena to power their planning. For more information, visit  
MEDIA CONTACT Jonathan Paul Senior Director, Content & Communications, Vena [email protected] 
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EdrawMind V10.9.0 ‘s New Features Revolutionizing the Way Users Visualize Ideas




VANCOUVER, BC, Sept. 26, 2023 /PRNewswire/ — Wondershare Technology, a globally recognized software company, is excited to announce the release of EdrawMind V10.9.0, the latest version of their leading mind mapping and brainstorming tool. This update introduces a range of features aimed at revolutionizing the way users visualize ideas, enhancing efficiency, and fostering creativity. By harnessing cutting-edge technology, this new version seeks to cater to the diverse needs of professionals, students, and anyone looking to transform their thoughts into organized, dynamic, and visually appealing diagrams.

Integration with OpenAI: This feature enables seamless interaction with ChatGPT, integrating powerful AI capabilities into EdrawMind, thereby improving user experience through intelligent suggestions and assistance.Intelligent Document Parsing: EdrawMind can now intelligently analyze and process documents, extracting key information and assisting users in creating mind maps based on existing documents.PPT Generation: A valuable addition for users seeking to convert their mind maps into presentation slides efficiently.Inspiration Space: This dedicated space within the software encourages brainstorming and idea collation, thus streamlining the creative process.Exploration of Audio and Video: EdrawMind V 10.9.0’s new capability to handle audio and video content allows users to enrich their mind maps with multimedia elements.Versatile and Vertical Mind Map Posters: This feature provides users with myriad options for creating and customizing mind map posters, both in terms of layout and design.”In our relentless pursuit of enhancing user experiences, we are thrilled to introduce the integration of OpenAI into EdrawMind. This transformative update brings AI-driven features like intelligent file parsing and effortless PPT generation directly to our users, empowering them to achieve new levels of productivity and creativity. But our commitment doesn’t end here. We envision a future where our AI continually evolves, learns, and adapts to better serve and inspire our users on their creative journeys.” – Iris Liu, Head of Wondershare BrandingWondershare
Compatibility and Price 
Wondershare EdrawMind is compatible with Windows, Mac, Android and iOS and pricing starts at $39 for a six-month subscription. For free trials and downloads, please visit our official website or follow us on YouTube, Facebook, Twitter, and Instagram to learn more about EdrawMind.  Additionally, with an EdrawMind membership, you can enjoy cross-platform benefits across all EdrawMind platforms.
About Wondershare
Wondershare is globally recognized as a software company that is committed to delivering innovative solutions for personal and professional use. As a leader in creativity and productivity products, Wondershare has received prestigious awards from organizations such as The Shorty Awards, G2, and GetApp. At Wondershare, the mission is to empower individuals to pursue their passions and build a more creative world. With over 100 million users across 150 countries, users can access a wide range of software solutions for video editing, PDF editing, data recovery, diagram and graphics, and more. Together, Wondershare strives to provide high-quality, user-friendly software that enables individuals and businesses to bring their creative ideas to life. 
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