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Within the commercial seeds market, maize was the largest consumed seed in 2011 and accounted for over 40% of the overall market revenue. Soybean and vegetable seeds were the other largely consumed seeds, together accounting for over 30% of the revenue in 2011. Maize is expected to show fastest growth over the forecast period owing to the increased demand for bio-fuels which is used as a substitute to conventional fuel. North America was the largest market for commercial seeds accounting for over 30% of the total revenue in 2011 followed by Asia Pacific and Europe. Asia Pacific and Latin America are expected to drive the growth for commercial seeds over the forecast period on account of rapid development within these regions.
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