Global Commercial Seeds Market Report and Forecast 2024-2032

Global Commercial Seeds Market Report and Forecast 2024-2032

Market Outlook

According to the report by Expert Market Research (EMR), the global commercial seeds market is projected to grow at a CAGR of 7.50% between 2024 and 2032. Aided by the escalating demand for food security in tandem with the rapid global population growth and the rising acceptance of genetically modified (GM) seeds, the market is expected to grow significantly by 2032.

Commercial seeds, encompassing a spectrum of both conventional and genetically modified seeds, form the cornerstone of modern agricultural practices. These seeds are produced for sale in the market, ensuring consistency, high yield, and disease resistance, meeting the specific demands of both farmers and the end-consumers.

As per the commercial seeds market analysis, the paramount importance of food security, in an era marked by rapidly swelling global populations and shrinking arable land, has brought commercial seeds to the fore. As the demand for food escalates, there is a pressing need for higher crop yields, prompting farmers globally to opt for commercial seeds that promise consistency and enhanced productivity.

A significant driver amplifying the commercial seeds market growth is the advent and acceptance of genetically modified (GM) seeds. These seeds, genetically engineered for specific traits, such as pest resistance, drought tolerance, or enhanced nutritional profile, are becoming increasingly popular, especially in regions grappling with agricultural challenges. The adoption of GM seeds not only bolsters crop yields but also has the potential to address malnutrition by bio-fortifying crops.

Moreover, the global shift towards sustainable agricultural practices is catalysing the commercial seeds market demand. As farmers globally transition from traditional to precision agriculture, driven by the imperatives of sustainability and efficiency, the role of high-quality commercial seeds becomes indispensable.

Further, technological advancements in seed development and breeding are opening up new avenues which are expected to pose a positive impact on the commercial seeds market outlook. Enhanced seed coatings, facilitating slow release of nutrients and targeted pest control, are becoming standard, leading to improved germination rates and healthier crops.

The future of the global commercial seeds market looks promising. As the confluence of technological innovation, agricultural imperatives, and global food security concerns shape the future of agriculture, commercial seeds stand poised to play a pivotal role, ushering in an era marked by productivity, sustainability, and resilience.

Market Segmentation

The market can be divided based on type, crop-type, and region.

Market Breakup by Type

• Genetically Modified Seeds
• Conventional Seeds

Market Breakup by Crop-Type

• Cereals
• Oilseeds
• Fruits and Vegetables
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global commercial seeds market. Some of the major players explored in the report by Expert Market Research are as follows:

• Bayer CropScience
• Syngenta AG
• Sakata Seed Corporation
• KWS SAAT SE & Co. KGaA
• Corteva Inc.
• DLF Seeds A/S
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.