Global Seeds Market - 2023-2030
The Global Seeds Market reached US$ 57.5 billion in 2022 and is projected to witness lucrative growth by reaching US$ 95.1 billion by 2030. The market is expected to exhibit a CAGR of 6.5% during the forecast period 2023-2030.
The seeds market is a crucial sector that plays a significant role in global food production by providing a diverse range of seed types for crops, fruits, vegetables, and other plants. With intense competition among major players and regional companies, market analysis offers valuable insights into the market's size, growth potential, and emerging trends. The widespread adoption of genetically modified (GM) seeds has revolutionized the industry, as they offer desirable traits such as pest resistance and increased yield.
Concurrently, the market also experiences a growing demand for organic and non-GM seeds, driven by consumer preferences for healthier and environmentally friendly options. Advancements in biotechnology and seed technology further enhance seed traits, including disease resistance and drought tolerance, fostering innovation and fueling growth within the seeds market.
Market Dynamics
Technological Advancements Drive Growth and Market Share Expansion in the Seeds Market
According to a recent market analysis, technological advancements in biotechnology and seed technology have emerged as key drivers of the seeds market. Genetic modification, precision breeding, and introduction of hybrid and improved varieties have fueled market growth and increased market share for major players.
These advancements have created seeds with sought-after traits like disease resistance, drought tolerance, and improved nutritional value, resulting in a larger seed market share for companies investing in research and development.
By meeting the evolving demands of farmers and consumers through innovative seed solutions, these companies have solidified their position in the highly competitive market. Seeds market analysis highlights the pivotal role of technological advancements in shaping the industry landscape and driving the adoption of advanced seed technologies.
Intellectual Property Protection Presents Challenges and Impact on Seeds Market Share and Innovation
According to seeds market analysis, intellectual property protection poses a significant restraint in the seeds market, affecting companies' market share and profitability. Ensuring the enforcement of intellectual property rights is crucial for companies investing in developing improved seed varieties. Challenges such as unauthorized seed saving, patent infringement, and counterfeit seeds threaten market share.
Striking a balance between protecting intellectual property rights and providing accessible and affordable seeds for farmers is a complex challenge impacting market share and innovation. The market analysis underscores the need to address these restraints to foster healthy market competition and drive the adoption of innovative seed solutions.
COVID-19 Impact Analysis
The COVID-19 Analysis includes Pre-COVID Scenario, COVID Scenario and Post-COVID Scenario along with Pricing Dynamics (Including pricing change during and post-pandemic comparing it with pre-COVID scenarios), Demand-Supply Spectrum (Shift in demand and supply owing to trading restrictions, lockdown and subsequent issues), Government Initiatives (Initiatives to revive market, sector or Industry by Government Bodies) and Manufacturers Strategic Initiatives (What manufacturers did to mitigate the COVID issues will be covered here).
Segment Analysis
The Global Seeds Market is segmented based on type, traits, treatment, crops, and region.
Yield Improvements and Growing Adoption drive the Genetically Modified Seeds Segment
The seeds market is segmented based on type, with two main categories: conventional and genetically modified (GM) sources. The Genetically Modified (GM) seed market holds a significant market share, driven by market analysis indicating its dominance in the industry. The market has experienced substantial growth, with increasing adoption and acceptance.
GM seed technology has led to significant yield improvements, with average yield increases ranging from 10% to 30% across various crops. Adoption rates vary by crop, with GM corn having a market penetration of over 90%. The GM seed market continues to evolve, driven by ongoing research and development investments, advancements in biotechnology, and the demand for sustainable agricultural practices.
Geographical Analysis
Asia-Pacific Seeds Market Dominates Global Industry with High Market Share, Driven by Rice and Corn Demand in the Region
The Global Seeds Market is segmented by region into North America, South America, Europe, Asia-Pacific, and Middle-east & America.
According to seeds market analysis, the Asia-Pacific seeds market holds a significant market share, accounting for approximately 40% of the global market. The region witnesses a growing adoption of hybrid seeds, particularly in major crops like rice, corn, and vegetables.
Additionally, the demand for genetically modified (GM) seeds is increasing, driven by the need for higher crop yields and improved pest resistance. The Asia-Pacific seeds market presents opportunities for companies to leverage the region's large agricultural sector and address the evolving needs of farmers.
Competitive Landscape
The major global players include Bayer CropScience AG, Syngenta AG, Corteva Agriscience, BASF SE, Groupe Limagrain, KWS SAAT SE, Land O'Lakes, Sakata Seed Corporation, Rijk Zwaan and Takii & Co. Ltd.
Why Purchase the Report?
• To visualize the Global Seeds Market segmentation based on type, traits, treatment, crops and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of seeds market-level with all segments.
• The PDF report includes a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.
The Global Seeds Market Report Would Provide Approximately 69 Tables, 66 Figures And 195 Pages.
Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies
- 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Objective and Scope of the Report
- 2. Definition and Overview
- 3. Executive Summary
- 3.1. Snippet by Type
- 3.2. Snippet by Traits
- 3.3. Snippet by Treatment
- 3.4. Snippet by Crops
- 3.5. Snippet by Region
- 4. Dynamics
- 4.1. Impacting Factors
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunity
- 4.1.4. Impact Analysis
- 5. Industry Analysis
- 5.1. Porter's Five Force Analysis
- 5.2. Supply Chain Analysis
- 5.3. Pricing Analysis
- 5.4. Regulatory Analysis
- 6. COVID-19 Analysis
- 6.1. Analysis of COVID-19
- 6.1.1. Scenario Before COVID-19
- 6.1.2. Scenario During COVID-19
- 6.1.3. Post COVID-19 and Future Scenario
- 6.2. Pricing Dynamics Amid COVID-19
- 6.3. Demand-Supply Spectrum
- 6.4. Government Initiatives Related to the Market During Pandemic
- 6.5. Manufacturers Strategic Initiatives
- 6.6. Conclusion
- 7. By Type
- 7.1. Introduction
- 7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 7.1.2. Market Attractiveness Index, By Type
- 7.2. Conventional*
- 7.2.1. Introduction
- 7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 7.3. Genetically Modified
- 8. By Traits
- 8.1. Introduction
- 8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Traits
- 8.1.2. Market Attractiveness Index, By Traits
- 8.2. Herbicide-Tolerant*
- 8.2.1. Introduction
- 8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 8.3. Insecticide-Resistant
- 8.4. Others
- 9. By Treatment
- 9.1. Introduction
- 9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Treatment
- 9.1.2. Market Attractiveness Index, By Treatment
- 9.2. Treated Seeds*
- 9.2.1. Introduction
- 9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 9.3. Non-Treated Seeds
- 10. By Crops
- 10.1. Introduction
- 10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Crops
- 10.1.2. Market Attractiveness Index, By Crops
- 10.2. Oil Crops & Pulses*
- 10.2.1. Introduction
- 10.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 10.3. Grains & Cereals
- 10.4. Fruits & Vegetables
- 10.5. Others
- 11. By Region
- 11.1. Introduction
- 11.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
- 11.1.2. Market Attractiveness Index, By Region
- 11.2. North America
- 11.2.1. Introduction
- 11.2.2. Key Region-Specific Dynamics
- 11.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 11.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Traits
- 11.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Treatment
- 11.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Crops
- 11.2.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 11.2.7.1. The U.S.
- 11.2.7.2. Canada
- 11.2.7.3. Mexico
- 11.3. Europe
- 11.3.1. Introduction
- 11.3.2. Key Region-Specific Dynamics
- 11.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 11.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Traits
- 11.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Treatment
- 11.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Crops
- 11.3.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 11.3.7.1. Germany
- 11.3.7.2. The U.K
- 11.3.7.3. France
- 11.3.7.4. Italy
- 11.3.7.5. Spain
- 11.3.7.6. Rest of Europe
- 11.4. South America
- 11.4.1. Introduction
- 11.4.2. Key Region-Specific Dynamics
- 11.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 11.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Traits
- 11.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Treatment
- 11.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Crops
- 11.4.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 11.4.7.1. Brazil
- 11.4.7.2. Argentina
- 11.4.7.3. Rest of South America
- 11.5. Asia-Pacific
- 11.5.1. Introduction
- 11.5.2. Key Region-Specific Dynamics
- 11.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 11.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Traits
- 11.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Treatment
- 11.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Crops
- 11.5.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 11.5.7.1. China
- 11.5.7.2. India
- 11.5.7.3. Japan
- 11.5.7.4. Australia
- 11.5.7.5. Rest of Asia-Pacific
- 11.6. Middle East and Africa
- 11.6.1. Introduction
- 11.6.2. Key Region-Specific Dynamics
- 11.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 11.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Traits
- 11.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Treatment
- 11.6.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Crops
- 12. Competitive Landscape
- 12.1. Competitive Scenario
- 12.2. Market Positioning/Share Analysis
- 12.3. Mergers and Acquisitions Analysis
- 13. Company Profiles
- 13.1. Bayer CropScience AG
- 13.1.1. Company Overview
- 13.1.2. Grade Portfolio and Description
- 13.1.3. Financial Overview
- 13.1.4. Key Developments
- 13.2. Syngenta AG
- 13.3. Corteva Agriscience
- 13.4. BASF SE
- 13.5. Groupe Limagrain
- 13.6. KWS SAAT SE
- 13.7. Land O'Lakes
- 13.8. Sakata Seed Corporation
- 13.9. Rijk Zwaan
- 13.10. Takii & Co. Ltd
- LIST NOT EXHAUSTIVE
- 14. Appendix
- 14.1. About Us and Services
- 14.2. Contact Us
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