+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Seeds - Global Strategic Business Report

  • PDF Icon

    Report

  • 283 Pages
  • May 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 338920

Global Seeds Market to Reach $114.4 Billion by 2030

The global market for Seeds estimated at US$78.9 Billion in the year 2023, is projected to reach a revised size of US$114.4 Billion by 2030, growing at a CAGR of 5.4% over the analysis period 2023-2030. Cereals & Grains Seeds, one of the segments analyzed in the report, is expected to record a 6.6% CAGR and reach US$46.9 Billion by the end of the analysis period. Growth in the Oilseeds & Pulses Seeds segment is estimated at 5.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $20.9 Billion, While China is Forecast to Grow at 8.5% CAGR

The Seeds market in the U.S. is estimated at US$20.9 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$26.4 Billion by the year 2030 trailing a CAGR of 8.5% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 5% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$16 Billion by the year 2030.

Report Features

  • Full access to influencer engagement stats
  • Free access to digital archives & research platform. The proprietary platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. The state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.
  • Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities
  • Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas
  • Complimentary report updates for one year
  • Competitor coverage with global market shares of major players
  • Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
  • Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes

What to Expect from the Global Economy in 2024

Edgy geopolitics, and economic instability caused by monetary policy tightening and ensuing higher interest rates will create a tumultuous landscape for 2024. Several factors will continue to exert pressure on the path to recovery including hostilities in the Middle East and increasingly common climate disasters. Among the risks, several positives are also taking shape such as growing signs of disinflation and easing of anxiety over stubborn inflation, supply chain normalization and price moderation despite volatility in energy costs. Elections across several G21 jurisdictions, notably in India and the United States, will have potential ramifications for capital flows and investment strategies. While India emerges as a compelling destination in the global investment landscape, U.S, based tech firms will continue to dominate, fueled by a dynamic ecosystem of talent and capital. Tech opportunities in Silicon Valley and beyond remain attractive for investors seeking high-growth prospects supported largely by a resilient albeit slowing domestic economy and conducive regulatory environment. Europe will continue to battle tight monetary policy and recession risks with U.K. having the most challenging outlook and running the greatest risk of recession in 2024. China remains a wild card with hope for growth in the country underpinned by government spending and improvements in consumer spending. The volatile environment will offer both opportunities and challenges for investors and businesses alike. Embracing volatility as a catalyst for growth together with agility and strategic foresight in navigating investment decisions will remain important for survival.

Select Competitors (Total 226 Featured):

  • AgReliant Genetics LLC
  • Bayer AG
  • Bejo Zaden B.V
  • Canterra Seeds
  • China National Seed Group Corporation
  • DLF
  • DLF Pickseed USA
  • Dow AgroSciences LLC
  • DuPont Pioneer
  • Enza Zaden
  • Gansu Dunhuang Seed Co. Ltd.
  • Groupe Limagrain Holding SA
  • Hefei Fengle Seed Co. Ltd.
  • Hunan Xiangyan Seed Industry Co. Ltd.
  • Krishidhan Seeds Private Ltd.
  • KWS SAAT SE
  • Land O`Lakes Inc.
  • Lantmännen SW Seed AB
  • Monsanto Company
  • Mycogen Seeds
  • Nuziveedu Seeds Ltd.
  • Rasi Seeds (P) Ltd.
  • Rijk Zwaan Zaadteelt en Zaadhandel B.V.
  • Sakata Seed Corp.
  • Syngenta AG
  • Takii & Company Limited
  • The Scotts Miracle-Gro Company
  • UPL Limited
  • Vilmorin & Cie

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Seeds: Most Critical Production Resource in the Agriculture-Food Value Chain
  • Recent Market Activity
  • Seeds: An Evolutionary Scan over the Years
  • The Vital Need to Feed the Expanding Global Population Provides the Foundation for Seed Market Growth
  • Global Food Scenario: Key Facts
  • Demand for Food to Witness Exponential Increase
  • Climate Change and Scarcity of Resources: Major Agricultural Production Impediments
  • Nutrient-Dense Seeds for Enhancing Crop Yield: Need of the Hour
  • Global Food and Feed Production: A Regional Addressable Market Perspective
  • Asia-Pacific: Dominant Region Worldwide in Terms of Cropped Area
  • Europe: Leading Producer and Exporter of Major Agricultural Products Worldwide
  • North America: Largest GM Crops Market in the World
  • Latin America: Brazil & Argentina to Play a Major Role in Global Agricultural Trade
  • Global Market Outlook
  • Growth Drivers in a Nutshell
  • Seeds - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Global Economic Update
2. FOCUS ON SELECT PLAYERS
  • AgReliant Genetics, LLC (USA)
  • Bayer AG (Germany)
  • Bejo Zaden B.V (The Netherlands)
  • Canterra Seeds (Canada)
  • China National Seed Group Corporation (China)
  • DLF (Denmark)
  • DLF Pickseed USA (USA)
  • Dow AgroSciences LLC (USA)
  • Mycogen Seeds (USA)
  • DuPont Pioneer (USA)
  • East West Seed Company (Thailand)
  • Enza Zaden (The Netherlands)
  • Groupe Limagrain Holding SA (France)
  • Vilmorin & Cie (France)
  • Gansu Dunhuang Seed Co., Ltd. (China)
  • Hefei Fengle Seed Co., Ltd. (China)
  • Hunan Xiangyan Seed Industry Co., Ltd. (China)
  • Krishidhan Seeds Private Ltd. (India)
  • KWS SAAT SE (Germany)
  • Land O'Lakes, Inc. (USA)
  • Lantmännen SW Seed AB (Sweden)
  • Mahyco (India)
  • Monsanto Company (USA)
  • Seminis, Inc. (USA)
  • Nuziveedu Seeds Ltd. (India)
  • Rasi Seeds (P) Ltd. (India)
  • Rijk Zwaan Zaadteelt en Zaadhandel B.V. (The Netherlands)
  • Sakata Seed Corp. (Japan)
  • Syngenta AG (Switzerland)
  • Takii & Company Limited (Japan)
  • The Scotts Miracle-Gro Company (USA)
  • UPL Limited (India)
3. MARKET TRENDS & DRIVERS
  • Growing Demand for Genetically Modified Seed Varieties Drive Strong Market Growth
  • Global Transgenic/GM Crop Facts in a Nutshell
  • Significant Increase in Global Biotech Cropland Area Augment Demand for GM Seeds
  • Genetically Modified Seeds Replace Crop Protection Chemicals in Agriculture
  • Bt. Cotton: Most Promising and Fastest Growing BioSeeds Category
  • Key Barriers that Hinder Widespread Expansion of Bioseeds/GM Seeds
  • GM Seeds and Crops: The US Represent the Largest Global Market while China is the Fastest Growing
  • GM Crops: Current Status in Key Countries
  • GM Crop Plantation Area: Developing Countries Surpass Developed Nations
  • The United States Lead the Way in Biotech Crops
  • Asia-Pacific: The Fastest Growing Market for GM Seeds and Crops
  • Latin America Witnessing Diverse Applications of Seed Biotechnology
  • Seed Innovations and Advancements: Spearheading Growth
  • Comprehensive Cropping System: Future of Cultivation
  • Seed Solutions for High-yielding Crops
  • Renewably Sourced™ Products from DuPont
  • DuPont's Advanced Technologies for Better Seeds and Faster Growth
  • Complete DNA Sequencing to Facilitate Development of Superior Groundnut Varieties
  • Innovative Plant Breeding Techniques
  • Select VegeTable and Fruit Seed Advancements in Recent Years
  • Rising Adoption of Technology Enable Developing Countries to Turbo Charge Global Growth
  • India & China: Important Current and Future Markets
  • Surging Demand for Grain Seeds Benefit Market Expansion
  • Growing Preference for Healthy, Organic & Unprocessed Cooking Oils Sustains Demand for OilSeeds
  • Myriad Benefits of Organic Farming Drives Robust Demand for Organic Seeds
  • Shift in Diet Habits towards Healthy Vegetarian Eating Fuel Demand for VegeTable Seeds
  • Superior Drought Tolerance, Productivity, and Nitrogen-Utilization Efficiency Drive Demand for Hybrid Seeds
  • Sustainable Agricultural Production Holds the Key to Various Seed Market Challenges & Issues
  • Seed Treatment Products: Essential for Crop Protection
  • Growing Demand for Non-GM Corn Seeds: A Divergent Trend
  • Favorable Demand and Production Trends of Various Crops Strengthen Market Prospects
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Cereals & Grains by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for Cereals & Grains by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 3: World 16-Year Perspective for Cereals & Grains by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Oilseeds & Pulses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for Oilseeds & Pulses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 6: World 16-Year Perspective for Oilseeds & Pulses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Fruits & Vegetables by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for Fruits & Vegetables by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 9: World 16-Year Perspective for Fruits & Vegetables by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Other Crop Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 11: World Historic Review for Other Crop Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 12: World 16-Year Perspective for Other Crop Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Conventional by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 14: World Historic Review for Conventional by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 15: World 16-Year Perspective for Conventional by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Genetically Modified by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 17: World Historic Review for Genetically Modified by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 18: World 16-Year Perspective for Genetically Modified by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Herbicide-Tolerance (HT) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 20: World Historic Review for Herbicide-Tolerance (HT) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 21: World 16-Year Perspective for Herbicide-Tolerance (HT) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Insect-Resistance (IR) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 23: World Historic Review for Insect-Resistance (IR) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 24: World 16-Year Perspective for Insect-Resistance (IR) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 25: World Recent Past, Current & Future Analysis for Other Traits by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 26: World Historic Review for Other Traits by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 27: World 16-Year Perspective for Other Traits by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 28: World Recent Past, Current & Future Analysis for Seeds by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 29: World Historic Review for Seeds by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 30: World 16-Year Perspective for Seeds by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • Table 31: World Seeds Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Seeds Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Seeds Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Seeds Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Seeds Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCE
  • Seeds Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Seeds Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Seeds Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Seeds Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIA
  • Seeds Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Seeds Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Seeds Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Seeds Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Seeds Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • AgReliant Genetics LLC
  • Bayer AG
  • Bejo Zaden B.V
  • Canterra Seeds
  • China National Seed Group Corporation
  • DLF
  • DLF Pickseed USA
  • Dow AgroSciences LLC
  • DuPont Pioneer
  • Enza Zaden
  • Gansu Dunhuang Seed Co. Ltd.
  • Groupe Limagrain Holding SA
  • Hefei Fengle Seed Co. Ltd.
  • Hunan Xiangyan Seed Industry Co. Ltd.
  • Krishidhan Seeds Private Ltd.
  • KWS SAAT SE
  • Land O`Lakes Inc.
  • Lantmännen SW Seed AB
  • Monsanto Company
  • Mycogen Seeds
  • Nuziveedu Seeds Ltd.
  • Rasi Seeds (P) Ltd.
  • Rijk Zwaan Zaadteelt en Zaadhandel B.V.
  • Sakata Seed Corp.
  • Syngenta AG
  • Takii & Company Limited
  • The Scotts Miracle-Gro Company
  • UPL Limited
  • Vilmorin & Cie

Table Information