The market spans genetically modified (GM), hybrid, and conventional seeds, catering to a range of agricultural applications. Key segments include cereals, oilseeds, fruits, and vegetables, with cereals and oilseeds dominating due to their staple role in diets worldwide. The emphasis on innovation in seed technology to improve crop yield, adaptability to climate change, and resistance to pests and diseases continues to drive investments. Regulatory frameworks also play a significant role, ensuring quality and safety standards while enabling market players to address diverse agricultural needs effectively.
The global crop seeds market is set to grow from $64.5 billion in 2023 to $108.9 billion by 2033, achieving a CAGR of 5.5% during the forecast period. This steady expansion highlights the critical role of crop seeds in meeting the demands of global food security and sustainable agriculture. Increasing focus on biotechnology and advancements in seed technologies are fueling this growth, alongside rising demand for high-yield and disease-resistant crops.
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- 18 – Chapter
- 320 – Pages
- Industry: Chemicals & Material
Key trends:
Sustainability is a pivotal trend, with a growing emphasis on eco-friendly farming practices. The demand for organic and non-GMO seeds is rising as consumers become more health-conscious and environmentally aware. Governments are also incentivizing sustainable agriculture, further driving the market.
Digital agriculture technologies are gaining traction, offering precision farming solutions that optimize seed planting and resource use. This technological integration is essential for enhancing productivity and efficiency. Emerging markets present lucrative opportunities, as agricultural modernization accelerates, providing fertile ground for growth and innovation in the crop seeds sector.
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Market Segmentation:
By Type:
- Hybrid Seeds,
- Genetically Modified Seeds,
- Open-Pollinated Varieties,
- Organic Seeds,
- Heirloom Seeds
By Application:
- Field Crops,
- Horticultural Crops,
- Plantation Crops
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Data Summary:
| HISTORICAL PERIOD | 2017-2022 |
| FORECAST PERIOD | 2024-2033 |
| BASE YEAR | 2023 |
| MARKET SIZE IN 2023 | 64.5 Billion |
| MARKET SIZE IN 2033 | 108.9 Billion |
| CAGR | 5.5% |
| SEGMENTS COVERED | Type, Product, Technology, Application, End User, Process, Functionality, Installation Type, Solutions |
| ANALYSIS COVERAGE | Market Forecast, Competitive Landscape, Drivers, Trends, Restraints, Opportunities, Value-Chain, PESTLE, Key Events, SWOT Analysis and Developments |
Research Scope:
- Estimates and forecasts the overall market size across type, application, and region.
- Provides detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling.
- Identifies factors influencing market growth and challenges, opportunities, drivers, and restraints.
- Identifies factors that could limit company participation in international markets to help calibrate market share expectations and growth rates.
- Evaluates key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities.
- Analyzes smaller market segments strategically, focusing on their potential, growth patterns, and impact on the overall market.
- Outlines the competitive landscape, assessing business and corporate strategies to monitor and dissect competitive advancements.
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Key Players:
- KWS Saat
- Sakata Seed Corporation
- Rijk Zwaan
- DLF Seeds
- Takii & Co
- Bejo Zaden
- Enza Zaden
- Limagrain
- Advanta Seeds
- Bayer Crop Science
- Groupe Grimaud
By Region:
- North America (U.S., Canada, Mexico)
- Europe (UK, Germany, France, Italy, Rest of Europe)
- Asia-Pacific (China, Japan, India, South Korea, Rest of Asia-Pacific)
- Latin America (Brazil, Argentina, Rest of Latin America)
- Middle East and Africa (UAE, Saudi Arabia, Rest of Middle East And Africa)
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