•The global seed market is bifurcated into two major sectors:
1.Commercial seeds sector
•Conventional seeds OP, Hybrid (1940s) 52.9% of the commercial seeds market revenue in 2013 (Grand View Research, 2014)
•Genetically modified (GM) seeds(1990s)
2.Non-commercial seeds sector.
•The global Seed market by revenue was $49.23 billion in 2013, forecasting with the growth at a CAGR of 9.1% until 2019 (ResearchAndMarkets, 2014).