Vilmorin & Cie - Annual report 2017-2018

1 ANNUAL REPORT Vilmorin & Cie 13 2017-2018 1.3. The seed market Major levers for growth As a seed company, Vilmorin & Cie is above all positioned on the market for agriculture. For farmers, seeds are an essential input* with a decisive role in future production. Representing more than 39 billion USD in 2017 (Source: Phillips McDougall 2018) , the world market for seeds is essentially a growing market, as a result of several complementary factors, the first of which is the growing world population. 1.3.1. Powerful growth factors THE CHALLENGES FACING AGRICULTURE TOMORROW Produce more - To contribute to feeding the population: almost 10 billion people by 2050 Produce better - In a context where arable land is decreasing - Particularly by saving natural resources - And by resorting less to plant treatment products Seeds, the first link in the food chain, are a concentrate of solutions to meet these challenges. Plant breeding*, which aims to improve the performance of seeds, is a major strategic stake. Examples: Optimization of yield Resistance to diseases Adaptation to different regions and climates Compatibility with needs/cultures: taste, size, preservation, etc. 10 9 8 7 6 9.7 8.3 7.2 2015 2030 2050 Source: FAO Evolution of the world population (projection) (in billions of inhabitants) 1.3. The seed market PRESENTATION of Vilmorin & Cie

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