Seed Market by Type (GM Seed and Conventional Seed), Crop (Field Crops and Fruit & Vegetable Crops), Availability (Commercial Seeds and Saved Seeds), and Seed Treatment (Treated and Untreated), and Seed Trait (Herbicide Tolerant, Insecticide Resistant, an

Seed Market by Type (GM Seed and Conventional Seed), Crop (Field Crops and Fruit & Vegetable Crops), Availability (Commercial Seeds and Saved Seeds), and Seed Treatment (Treated and Untreated), and Seed Trait (Herbicide Tolerant, Insecticide Resistant, and Other Stacked Traits): Global Opportunity Analysis and Industry Forecast, 2022-2031

The seed market was valued at $58.5 billion in 2020, and is expected to reach at $105.3 billion by 2031, registering a CAGR of 4.5% from 2022 to 2031. Seed is a small embryonic plant enclosed within a covering known as seed coat. Seed formation completes reproduction process in plants with the development of the embryo from zygote and seed coat from ovule integuments. Seed serves numerous functions for plants such as nourishment of the embryo, dormancy during unfavorable conditions, and dispersal to a new location. Larger food reserves present in the seed helps the seed grow faster as compared to sporeling from a spore. Hybridization, molecular marker-assisted breeding, and gene insertion technologies are some of the agricultural market developments, which are expected to boost the growth of the seed market.

Necessity to increase food production, sophistication of seed technologies such as seed pelleting & seed coating, new product offerings, and growth in usage of biofuels & animal feed are the major factors that drive the market growth globally. In addition, modernization of agriculture and increase in land reclamation for agricultural purposes supplement the market growth. Asia-Pacific is expected to grow at the highest CAGR during the forecast period due to growth in population and rise in demand for new and enhanced agricultural products. Introduction of special schemes to increase productivity in the region resulted in surge in usage of quality seeds that provide high yield. Market liberalization to ensure proper availability of high-quality and high-yielding seeds to Indian farmers and flexibility of norms while exporting products to overseas play a crucial role in growth and development of the market. However, extensive research and prolonged approval time involved in the development of enhanced seed varieties with novel traits and lower acceptance of GM crops in various countries limit the market growth. Technological innovation and diversified demand for various crops in developing economies are anticipated to provide lucrative opportunities for market expansion.

The seed market is segmented on the basis of type, crop, availability, seed treatment, seed trait, and geography. According to type, the seed market is divided into genetically modified (GM) seed and conventional seed. On the basis of crop, it is classified into field crops and fruits & vegetable crops. The field crops segment is further categorized into cotton, corn, rice, wheat, millet, sunflower, and sorghum. The fruits & vegetable crops segment is subsegmented into tomato, okra, chili, melon, gourds, cabbage, cauliflower, cucumber, and others (eggplant, pumpkin, radish, and carrot). On the basis of availability, the market is bifurcated into commercial seeds and saved seeds. On the basis of seed treatment, it is classified into treated and untreated. On the basis of seed trait, it is divided into herbicide tolerant, insecticide resistant, and other stacked traits. Geographical breakdown of the market includes North America, Europe, Asia-Pacific, and LAMEA.

Key leading players operating in this market include Advanta Limited, Bayer CropScience AG, DLF Seeds A/S, DOW Agrosciences LLC, E.I. Du Pont De Nemours and Company, Groupe Limagrain Holding SA, KWS AG, Land O' Lakes, Inc., Sakata Seed Corporation, and Syngenta AG.

KEY BENEFITS FOR STAKEHOLDERS

This report provides an extensive analysis of the current trends and emerging estimations in the global seed market.
In-depth analysis of the industry is conducted through market estimations of key segments from 2022 to 2031.
Comprehensive analysis of factors that drive and restrain the growth of the market is provided in the report.
Extensive analysis of the industry is conducted by following key product positioning and monitoring the top competitors within the market framework.
The key players are profiled along with their strategies to determine the competitive outlook of the market.

KEY MARKET SEGMENTS


By Type

Genetically Modified (GM) Seed
Conventional Seed

By Crop

Field Crops
Cotton
Corn
Rice
Wheat
Millet
Sunflower
Sorghum
Fruit & Vegetable Crops
Tomato
Okra
Chili
Melon
Gourds
Cabbage
Cauliflower
Cucumber
Others (Eggplant, Pumpkin, Radish and Carrot)

By Availability

Commercial Seeds
Saved Seeds

By Seed Treatment

Treated
Untreated

By Seed Trait

Herbicide Tolerant
Insecticide Resistant
Other Stacked Traits

By Geography

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
South Africa
Saudi Arabia
Turkey
Rest of LAMEA

KEY PLAYERS

Ajeet Seeds Private Limited
Ankur Seeds Pvt. Ltd.
Beijing Dabeinong Technology Group Co., Ltd.
China National Seed Group Corp.
Emerald Seed, Inc.
Gansu Dunhuang Seed Co., Ltd.
Henan Goldoctor Seeds Co., Ltd.
Jiangsu Dahua Seed Group Co., Ltd.
Kaveri Seed Company
Nuziveedu Seeds Ltd.
Nunhems Seeds Private Ltd.
Rallis India Limited
Rasi Seeds (P) Ltd.
Shriram Bioseed Genetics India Limited Company
S&W Seed Company
Takii & Co. Ltd.