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Before
the 1990's, the evolution of the seed industry was driven by the
quality of the product. Essentially, the development of each seed
company
was supported by strong new varieties that brought profitability and
expansion.
Since then, while
it may happen that a blockbuster variety breathes new life
into a seed company, the main game has been mergers and acquisitions.
The Top 5 have grown much faster than their smaller competitors. |