Cannabis Seeds Market By Nature (Organic, Conventional), By Type (Feminized seeds, Regular seeds, Autoflowering seeds), By Distribution Channel (Specialty stores, Wholesalers and distributors, Online sales channel): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global cannabis seeds market was valued at $1.3 billion in 2021, and is projected to reach $6.5 billion by 2031, growing at a CAGR of 18.4% from 2022 to 2031.After successfully germinating or when the seed's protective shell has been breached by the root, cannabis seeds are prepared for planting and growing. Regular, feminized, and auto-flowering cannabis seeds can all be found online. For the adult plant to be a blooming female, home gardeners of cannabis frequently select feminized seeds. Cannabis produces seeds that contain all of the genetic material required for development and reproduction, as do all angiosperms, or flowering plants. When a seed is sown, the genetic material's translation determines each distinct physical trait the mature plant will have. If these are desired features, like potency, fragrance, strength, etc., a breeder can choose for these through a long process of genetic stability through generations, which finally leads to the development of a cultivar, or strain.
The global cannabis seeds market is analyzed on the basis of nature, type, distribution channel, and region. By nature, the market is divided into organic and conventional. By type, the market is divided into feminized seeds, regular seeds, and autoflowering seeds. By distribution channel, it is classified into specialty stores, wholesalers and distributors, and online sales channel. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, Italy, Denmark, Poland, the UK, and the rest of Europe), Asia-Pacific (Thailand, Australia, New Zealand, and the rest of Asia-Pacific), and LAMEA (Brazil, South Africa, and Rest of LAMEA).
The impact of the COVID-19 outbreak was negative on the growth of the global cannabis seeds market. The trade restrictions and lockdown resulted into halting of production and manufacturing units. Conversely, the recovery of the cannabis seeds market is expected in near future.
In the future, the cannabis seeds market's growth rate will be further accelerated by the ongoing genetic evolution and modification of the plant, which is predicted to create profitable market prospects. A number of market expansion opportunities are also anticipated to be provided by cannabis's improvements in terms of intellectual property rights. Environmental issues are being brought on by large-scale cannabis cultivation, and it is anticipated that these issues will pose a challenge to the cannabis seed market during the forecast period.
The key players operating in the cannabis seeds market have adopted product launch, business expansion, and merger & acquisition as its key strategies to expand their market share, increase profitability, and remain competitive in the market. The major players operating in the global cannabis seeds market are Barney’s Souvenirs BV, Christiania Seeds, DELICIOUSSEEDS, Dinafem Seeds, Dutch Passion, Green House Seed Co., I Love Growing Marijuana, Mountain Top Seed Bank, Paradise Seeds, Seed Cellar, Seed Supreme, Sensi Seeds, Tropical Seeds Co., and Royal Queen Seeds.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the cannabis seeds market analysis from 2021 to 2031 to identify the prevailing cannabis seeds market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the cannabis seeds market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global cannabis seeds market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Nature
Organic
Conventional
By Type
Feminized seeds
Regular seeds
Autoflowering seeds
By Distribution Channel
Specialty stores
Wholesalers and distributors
Online sales channel
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
Italy
Denmark
Poland
UK
Rest Of Europe
Asia-Pacific
Thailand
Australia
New Zealand
Rest Of Asia-Pacific
LAMEA
Brazil
South Africa
Rest Of LAMEA
Key Market Players
Barney’s Souvenirs BV
Christiania Seeds
Crop King Seeds
DELICIOUSSEEDS
Dinafem Seeds
Dutch Passion
Green House Seed Co.
I Love Growing Marijuana
Mountain Top Seed Bank
Paradise Seeds
Royal Queen Seeds
Seed Cellar
Seed Supreme
Sensi Seeds
Tropical Seeds Co.
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