Agriculture is as old as mankind. There is evidence of the cultivation of figs in the Jordan Valley 11,000 years ago. During the same period the Chinese started to cultivate rice. Nowadays, agriculture is characterized by increased productivity, the use of synthetic fertilizers and pesticides. It’s also the era of the largest seed companies of the world!
Recent mainstream technological developments include genetically modified food.This is usually done by adding one or more genes to a plant’s genome using genetic engineering techniques. After the first plants are successfully planted and field-tested, governments must approve this process. After approval, the seeds are mass-produced, and sold to farmers. The farmers produce genetically modified crops. The farmers then sell their crops as commodities into the food supply market. The seed business is estimated to be worth approximately $ 30 billion a year. Monsanto is probably the most famous example as it is the largest seed company in the world, not in the least place because of it’s rather aggressive policy towards farmers when it comes to infringement of intellectual property rights. But which are the other seed companies to complete a top 10, regarding their annual revenues? And what is its market share? Here’s a top 10 largest seed companies in the world!
Top 10 largest seed companies in the world
- DLF-Trifolium A/S (Denmark) – $0,39 billion (1%)
- Sakata (Japan) – $0,49 billion (2%)
- Dow AgroSciences (USA) – $0,64 billion (2%)
- Bayer CropScience (Germany) – $0,70 billion (3%)
- KWS AG (Germany) – $0,99 billion (4%)
- Land O’ Lakes/Winfield Solutions (USA) – $1,100 billion (4%)
- Groupe Limagrain (France) – $1,25 billion (5%)
- Syngenta (Switzerland) – $2,56 billion (9%)
- DuPont/Pioneer (USA) – $4,64 billion (17%)
- Monsanto (USA) – $7,29 billion (27%)
Compiled from many sources (2009)