Leading Seeds Crop Type Markets Databank
The Seeds market was valued at $61,492.1 Million in 2020, and is projected to reach $100,071.4 Million by 2029 growing at a CAGR of 5.62% from 2021 to 2029. Cereals & grains segment is expected to be the highest contributor to this market, with $29,255.6 Million in 2020, and is anticipated to reach $50,590.6 Million by 2029, registering a CAGR of 6.33%. Fruits & vegetables segment is anticipated to reach $8,443.4 Million by 2029 with the highest CAGR of 8.73%. Cereals & grains and Oilseeds & pulses segments collectively expected to account for about 69.8% share of the Seeds market in 2020, with the former constituting around 47.6% share. Fruits & vegetables and Cereals & grains segments are expected to witness significant growth rates at a CAGR of 8.73% and 6.33% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 54.0% in the overall Seeds market in 2020, and is anticipated to reach 59.0% by 2029.
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