Global Commercial Seeds Market Size study & Forecast, by Product (Maize (Corn), Soybean, Vegetable, Cereals, Cotton, Rice, Canola (Rapeseed), Others), by Crop Type (Cereals, Oilseeds, Fruits & Vegetables) and Regional Analysis, 2023-2030

Global Commercial Seeds Market Size study & Forecast, by Product (Maize (Corn), Soybean, Vegetable, Cereals, Cotton, Rice, Canola (Rapeseed), Others), by Crop Type (Cereals, Oilseeds, Fruits & Vegetables) and Regional Analysis, 2023-2030

Global Commercial Seeds Market is valued approximately USD 54.47 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 6.00% over the forecast period 2023-2030. The commercial seeds market is a segment of the agricultural industry that deals with the production, processing, and sale of seeds for commercial use. Commercial seeds are typically used by farmers to grow crops for food, feed, or industrial purposes. The growth of the commercial seeds market is being driven by a number of factors such as the increasing demand for food, the rising adoption of genetically modified seeds and growing population. Moreover, increasing focus on sustainable agriculture and rising investment in research and development is creating lucrative growth opportunity for the market over the forecast period 2023-2030.

Seed companies are investing heavily in research and development to develop new varieties of seeds that are more resistant to pests and diseases, and that can be grown in a variety of climates. For instance, in 2022, Syngenta announced that it would be investing USD1 billion in research and development over the next five years. This investment will be used to develop new varieties of seeds that are more resistant to pests and diseases, and that can be grown in a variety of climates.Bayer Crop Science announced that it would be investing USD2 billion in research and development over the next five years. This investment will be used to develop new varieties of seeds that are more resistant to pests and diseases, and that can be grown in a variety of climates. Corteva Agriscience announced that it would be investing USD1.5 billion in research and development over the next five years. This investment will be used to develop new varieties of seeds that are more resistant to pests and diseases, and that can be grown in a variety of climates. However, the high cost of Commercial Seeds stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Commercial Seeds Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America is the dominating market for commercial seeds, accounting for a major share of the global market. This is due to the high adoption of advanced agricultural technologies and the presence of a large number of seed companies in the region. The United States and Canada are the major markets for commercial seeds in North America. Asia Pacific is the fastest-growing market for commercial seeds. The growth of the market in Asia Pacific is attributed to the rising demand for food, the increasing adoption of genetically modified seeds, and the growing population in the region. China, India, and Japan are the major markets for commercial seeds in Asia Pacific.

Major market player included in this report are:
Bayer CropScience (Monsanto)
Syngenta AG
DowDuPont
Sakata Seed Corporation
Groupe Limagrain
Land O'lakes
KWS SAAT SE
Nufarm
Adama Agricultural Solutions
Takii & Co. Ltd.

Recent Developments in the Market:
In February 2023, BASF has launched varieties of tomato seeds, there are almost 25 new seed varieties which is at its pre-commercial phase.

Global Commercial Seeds Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Product, Crop Type, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Product:
Maize (Corn)
Soybean
Vegetable
Cereals
Cotton
Rice
Canola (Rapeseed)
Others
By Crop Type:
Cereals
Oilseeds
Fruits & Vegetables

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned
Bayer CropScience (Monsanto)
Syngenta AG
DowDuPont
Sakata Seed Corporation
Groupe Limagrain
Land O'lakes
KWS SAAT SE
Nufarm
Adama Agricultural Solutions
Takii & Co. Ltd.

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.