Submitted by ETC Staff on
- The global commercial seed market in 2009 is estimated at 27,400 million.
- The top 10 companies account for 73% of the global market (up from 67% in 2007).
- Just 3 companies control more than half (53%) of the global commercial market for seed.
- Monsanto, the world’s largest seed company and fourth largest pesticide company, now controls more than one-quarter (27%) of the commercial seed market.
- Dow Agrosciences – the world’s fifth largest pesticide company – made a dramatic re-entry on the top 10 seed company list in 2009 following a seed company-buying spree that included Hyland Seeds (Canada), MTI (Austria), Pfister Seeds (USA) and Triumph Seed (USA), among others.
Sources:
Who Will Control the Green Economy?, ETC Group, 2011
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