Seeds Market Forecasts to 2028 – Global Analysis By Product (Transgenic Hybrids, Non-Transgenic Hybrids), Seed Treatment (Untreated, Treated), Crop Type (Grains, Oilseeds), Category (Conventional, Organic) and By Geography
According to Stratistics MRC, the Global Seeds Market is accounted for $59.10 billion in 2020 and is expected to reach $114.35 billion by 2028 growing at a CAGR of 8.6% during the forecast period. Factors such as rising demand for protein meals, development in the agricultural sector, and growing adoption of biotech crops are driving the growth of the market. However, the impact of climate change on crop production is hampering the growth of the market.
A seed is the ripened fertilized ovule of a flowering plant containing an embryo and is capable of germination to produce a new plant. It is utilized as the basic, central, and vital input in agriculture and all farming systems. Seed serves various functions for the plants such as dispersal to new locations, nourishment of the embryo, and dormancy during unfavorable conditions.
Based on the crop type, the cereals & grains segment is anticipated to expand at a rapid pace during the forecast period owing to the widespread use of grains and cereals as a staple food in many countries of the world. By geography, Asia Pacific is going to have high growth during the forecast period which can be attributed to the supportive regulations by the governments in the region along with an an increase in food and feed demand.
Some of the key players profiled in the Seeds Market include BASF SE, Bayer CropScience SE, Syngenta International AG, UPL Limited, FMC Corporation, Sakata Seed , Groupe Limagrain, Corteva Agriscience, DLF Seeds and Science , Barenbrug, KWS SAAT SE & Co. KGaA, East-West Seed International, Land O'Lakes, Inc., Rijk Zwaan Zaadteelt en Zaadhandel B.V. , and Takii Seed.
Estimated Market Size in 2020:
USD 59.10 billion
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
USD 114.35 billion
Tables, Graphs& Figures
Type, Trait, Product, Availability, Seed Treatment, Crop Type, Category, and Region
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
• Genetically Modified (GM)
• Non-Genetically Modified
• Insect-Resistance (IR)
• Herbicide-Tolerance (HT)
• Other Traits
• Open-Pollinated Varieties
• Transgenic Hybrids
• Non-Transgenic Hybrids
• Commercial Seeds
• Saved Seeds
Seed Treatments Covered:
Crop Types Covered:
• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables
• Other Crop Types
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Seeds Market is majorly driven by rising demand for protein meals, development in the agricultural sector, and growing adoption of biotech crops.
The cereals & grains segment is growing at a highest CAGR owing to the widespread use of grains and cereals as a staple food in many countries of the world.
North America dominated with a significant market share due to the factors such as the presence of major seed companies and adoption of modern technologies in plant breeding across the region.
Asia Pacific market is growing at a highest CAGR owing to the supportive regulations by the governments in the region.
Key players in Seeds Market include BASF SE, Bayer CropScience SE, Syngenta International AG, UPL Limited, FMC Corporation, Sakata Seed , Groupe Limagrain, Corteva Agriscience, DLF Seeds and Science , Barenbrug, KWS SAAT SE & Co. KGaA, East-West Seed International, Land O'Lakes, Inc., Rijk Zwaan Zaadteelt en Zaadhandel B.V. , and Takii Seed.
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