Seeds Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Global Seeds Market Outlook:
The global seeds market size reached US$ 44.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 49.6 Billion by 2028, exhibiting a growth rate (CAGR) of 2% during 2023-2028.
Seeds are embryonic plants covered in a protective coating that function as the unit of reproduction for the parent plant. They provide food for a number of animal species, and form a basic part of the agricultural process. Over the past several decades, the significance of seeds in the agriculture industry has increased rapidly on account of advancements in technology and the subsequent introduction of enhanced seed varieties.
One of the major trends which have influenced the seeds market is the significant shift in farming practices worldwide. Nowadays, an increasing number of farmers buy commercially produced enhanced seed varieties as opposed to using seeds from the last harvest. This has been a result of the various advantages offered by enhanced varieties of seeds such as high yield, improved nutritional quality, reduced crop damage, disease resistance, etc. Moreover, the increasing global population and the consequent rise in demand for food, coupled with the expanding biofuel production have also stimulated the demand for enhanced seed varieties worldwide.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global seeds market report, along with forecasts at the global, regional and country levels from 2023-2028. Our report has categorized the market based on type, seed type, trait, availability and seed treatment.
Conventional
Genetically Modified Seeds
Breakup by Seed Type:
Oilseeds
Soybean
Sunflower
Cotton
Canola/Rapeseed
Cereals & Grains
Corn
Wheat
Rice
Sorghum
Fruits & Vegetables
Tomatoes
Melons
Brassica
Pepper
Lettuce
Onion
Carrot
Burpee & Park
Other Seeds
Alfalfa
Clovers and Other Forage
Flower Seed
Turf Grasses
Breakup by Trait:
Herbicide-Tolerant (HT)
Insecticide-Resistant (IR)
Other Stacked Traits
Breakup by Availability:
Commercial Seeds
Saved Seeds
Breakup by Seed Treatment:
Treated
Untreated
Breakup by Region:
North America
United States
Canada
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Asia Pacific
China
Japan
India
South Korea
Australia
Singapore
Others
Latin America
Brazil
Mexico
Argentina
Others
Middle East and Africa
Turkey
South Africa
Saudi Arabia
UAE
Others
Competitive Landscape:
The competitive landscape of the market has also been analyzed in the report with the detailed profiles of the key players operating in the market. Some of the key players include:
Bayer Crop Science AG
Corteva
Syngenta AG
BASF
Limagrain
KWS SAAT SE
Sakata Seed Corporation
AgReliant Genetics, LLC
DLF Seeds A/S
Yuan Longping High-tech Agriculture Co., Ltd.
For Each Company, the Report Covers:
Company Overview
Key Financials
Product Portfolio
Revenue Breakup by Region
This report provides a deep insight into the global seeds market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, key market drivers and challenges, recent trends, market forecast, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, researchers, consultants, investors, business strategists, and all those who have any kind of stake or are planning to foray into the seed industry in any manner.
Key Questions Answered in This Report
1. What was the size of the global seeds market in 2022?
2. What is the expected growth rate of the global seeds market during 2023-2028?
3. What are the key factors driving the global seeds market?
4. What has been the impact of COVID-19 on the global seeds market?
5. What is the breakup of the global seeds market based on the type?
6. What is the breakup of the global seeds market based on the seed type?
7. What is the breakup of the global seeds market based on the traits?
8. What is the breakup of the global seeds market based on the seed treatment?
9. What are the key regions in the global seeds market?
10. Who are the key players/companies in the global seeds market?