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Commercial Seed Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Publisher Fortune Business Insights Pvt. Ltd.
Published Jan 01, 2025
Length 135 Pages
SKU # FOB19847059

Description

Growth Factors of Commercial Seed Market

The global commercial seed market has experienced significant growth and transformation over the past few decades, driven by advancements in agricultural biotechnology, increasing demand for high-yield crops, and the need for sustainable farming practices. According ta report by Fortune Business Insights, the market was valued at USD 40.70 billion in 2017 and is projected treach USD 54.81 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 2.5% during the forecast period.

Market Segmentation

The commercial seed market is broadly categorized based on product type and crop type.
  • By Product Type:
Genetically Modified (GM) Seeds: These seeds have been engineered texhibit specific traits such as pest resistance, herbicide tolerance, and improved nutritional content. GM seeds accounted for more than 50% of the market share, with their adoption increasing due tthe benefits they offer in terms of yield and reduced need for chemical inputs.

Conventional Seeds: Traditional seeds that have not been genetically altered. While still prevalent, their market share is gradually decreasing as farmers shift towards GM variants for better performance and profitability.
  • By Crop Type:
Cereals: Including crops like corn, wheat, rice, and barley. The cereals segment dominates the market, accounting for nearly one-third of the global market share, primarily due tthe extensive cultivation of these crops worldwide.

Oilseeds: Such as soybean, canola, cotton, and sunflower. The demand for oilseeds is driven by their diverse applications in food, feed, and industrial products.

Fruits and Vegetables: Including tomatoes, peppers, brassicas, and melons. This segment is projected twitness strong growth due tincreasing consumer awareness about health and nutrition, leading thigher consumption of fruits and vegetables.

Regional Insights
  • North America: In 2017, North America dominated the commercial seed market with a market share of 39.82%. The region's leadership is attributed tthe early adoption of GM crops, advanced agricultural practices, and substantial investments in research and development.
  • Asia Pacific: This region is emerging as a significant market for commercial seeds, driven by increasing awareness among farmers about the benefits of improved seed varieties and supportive government initiatives aimed at enhancing agricultural productivity. The region accounts for a major share in the cultivation of agricultural crops, and the majority of the source of the crop for seed is farm-saved seeds.
Key Market Drivers

1. Technological Advancements: The development of seeds with beneficial traits such as high yield, improved quality, abiotic stress tolerance, and insect resistance is motivating farmers topt for commercial seeds over farm-saved ones. Recent seed technologies with various beneficial traits are projected tsupport market growth.

2. Government Initiatives: Investments aimed at enlarging agricultural productivity tmeet domestic food security and seize opportunities in the global trade market are supporting market growth. Continuous efforts by industry stakeholders tachieve global food security further bolster the market.

3. Farmer Awareness: Increased awareness among farmers regarding the use of hybrids and biotech crops is driving the adoption of commercial seeds. The benefits of reliable and improved seed varieties are becoming more recognized among crop producers.

Competitive Landscape

The global commercial seed market is highly consolidated, with major players engaging in mergers and acquisitions tstrengthen their market position. Notable mergers include Bayer-Monsanto, ChemChina-Syngenta, and DowDuPont, which have significantly changed the industry structure, competition level, investment trends, and supply-demand dynamics.

Key companies covered in the market report include Bayer CropScience (Monsanto), Syngenta AG, DowDuPont, Sakata Seed Corporation, Groupe Limagrain, Land O'Lakes, KWS SAAT SE, Nufarm, Adama Agricultural Solutions, and Takii & Co. Ltd. These companies are focusing on research and development tintroduce seeds with novel traits and improve crop performance.

Future Outlook

The commercial seed market is poised for steady growth, driven by the increasing adoption of GM crops, technological innovations, and supportive government policies. The development of new hybrid vegetable seed varieties and the rising demand for health-conscious foods are expected tsupport strong growth in the fruits and vegetable segment. Additionally, collaborations between seed companies and agricultural research institutions are anticipated tlead tthe introduction of seeds with novel traits, further propelling market expansion.

In conclusion, the commercial seed market is undergoing significant transformation, influenced by technological advancements, strategic mergers, and evolving agricultural practices. As the global population continues trise, the demand for high-quality seeds that can ensure food security and sustainable agriculture will remain a critical focus for stakeholders in the industry.

ATTRIBUTES DETAILS

By Type
  • Genetically Modified Seeds
  • Conventional Seeds
By Crop Type
  • Cereals (Corn, Wheat, Rice, and Barley)
  • Oilseeds (Soybean, Canola, Cotton, and Sunflower)
  • Fruits & Vegetables (Tomato, Pepper, Brassica, and Melons)
  • Other Crops
By Geography
  • North America (U.S., Canada, and Mexico)
  • Europe (Spain, France, Italy, Germany, U.K., Russia, and Rest of Europe)
  • Asia Pacific (China, India, Australia, Japan, Korea, and Rest of Asia Pacific)
  • South America (Brazil, Argentina, and Rest of South America)
  • Middle East & Africa (South Africa and Rest of MEA)


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Table of Contents

135 Pages
1. Introduction
1.1 Research Scope
1.2 Market Segmentation
1.3 Research Methodology
1.4 Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints
3.3 Market Opportunities
4. Key Insights
4.1 Overview of the Parent/Related Markets
4.2 Supply Chain Analysis
4.3 Recent Industry Developments (Policies, Partnerships, New Product Launches, and Mergers & Acquisitions)
4.4 Commercial Seed Trade Analysis
5. Global Commercial Seed Market Analysis, Insights, and Forecast (2014-2025)
5.1 Key Findings / Summary
5.2 Market Analysis, Insights, and Forecast – By Type
5.2.1 Genetically Modified Seeds
5.2.2 Conventional Seeds
5.3 Market Analysis, Insights, and Forecast – By Crop Type
5.3.1 Cereals
5.3.1.1 Corn
5.3.1.2 Wheat
5.3.1.3 Rice
5.3.1.4 Barley
5.3.1.5 Others
5.3.2 Oilseeds
5.3.2.1 Soybean
5.3.2.2 Canola
5.3.2.3 Cotton
5.3.2.4 Sunflower
5.3.2.5 Others
5.3.3 Fruits & Vegetables
5.3.3.1 Tomato
5.3.3.2 Pepper
5.3.3.3 Brassica
5.3.3.4 Melons
5.3.3.5 Others
5.3.4 Other Crops
5.4 Market Analysis, Insights, and Forecast – By Geography
5.4.1 North America
5.4.2 Europe
5.4.3 Asia Pacific
5.4.4 South America
5.4.5 Middle East & Africa
6. North America Commercial Seed Market Analysis, Insights, and Forecast (2014-2025)
6.1 Key Findings / Summary
6.2 Market Analysis, Insights, and Forecast – By Type
6.2.1 Genetically Modified Seeds
6.2.2 Conventional Seeds
6.3 Market Analysis, Insights, and Forecast – By Crop Type
6.3.1 Cereals
6.3.1.1 Corn
6.3.1.2 Wheat
6.3.1.3 Rice
6.3.1.4 Barley
6.3.1.5 Others
6.3.2 Oilseeds
6.3.2.1 Soybean
6.3.2.2 Canola
6.3.2.3 Cotton
6.3.2.4 Sunflower
6.3.2.5 Others
6.3.3 Fruits & Vegetables
6.3.3.1 Tomato
6.3.3.2 Pepper
6.3.3.3 Brassica
6.3.3.4 Melons
6.3.3.5 Others
6.3.4 Other Crops
6.4 Market Analysis, Insights, and Forecast – By Country
6.4.1 U.S.
6.4.2 Canada
6.4.3 Mexico
7. Europe Commercial Seed Market Analysis, Insights, and Forecast (2014-2025)
7.1 Key Findings / Summary
7.2 Market Analysis, Insights, and Forecast – By Type
7.2.1 Genetically Modified Seeds
7.2.2 Conventional Seeds
7.3 Market Analysis, Insights, and Forecast – By Crop Type
7.3.1 Cereals
7.3.1.1 Corn
7.3.1.2 Wheat
7.3.1.3 Rice
7.3.1.4 Barley
7.3.1.5 Others
7.3.2 Oilseeds
7.3.2.1 Soybean
7.3.2.2 Canola
7.3.2.3 Cotton
7.3.2.4 Sunflower
7.3.2.5 Others
7.3.3 Fruits & Vegetables
7.3.3.1 Tomato
7.3.3.2 Pepper
7.3.3.3 Brassica
7.3.3.4 Melons
7.3.3.5 Others
7.3.4 Other Crops
7.4 Market Analysis, Insights, and Forecast – By Country
7.4.1 Germany
7.4.2 France
7.4.3 Italy
7.4.4 Spain
7.4.5 U.K.
7.4.6 Russia
7.4.7 Rest of Europe
8. Asia Pacific Commercial Seed Market Analysis, Insights, and Forecast (2014-2025)
8.1 Key Findings / Summary
8.2 Market Analysis, Insights, and Forecast – By Type
8.2.1 Genetically Modified Seeds
8.2.2 Conventional Seeds
8.3 Market Analysis, Insights, and Forecast – By Crop Type
8.3.1 Cereals
8.3.1.1 Corn
8.3.1.2 Wheat
8.3.1.3 Rice
8.3.1.4 Barley
8.3.1.5 Others
8.3.2 Oilseeds
8.3.2.1 Soybean
8.3.2.2 Canola
8.3.2.3 Cotton
8.3.2.4 Sunflower
8.3.2.5 Others
8.3.3 Fruits & Vegetables
8.3.3.1 Tomato
8.3.3.2 Pepper
8.3.3.3 Brassica
8.3.3.4 Melons
8.3.3.5 Others
8.3.4 Other Crops
8.4 Market Analysis, Insights, and Forecast – By Country
8.4.1 China
8.4.2 India
8.4.3 Japan
8.4.4 Australia
8.4.5 South Korea
8.4.6 Rest of Asia Pacific
9. South America Commercial Seed Market Analysis, Insights, and Forecast (2014-2025)
9.1 Key Findings / Summary
9.2 Market Analysis, Insights, and Forecast – By Type
9.2.1 Genetically Modified Seeds
9.2.2 Conventional Seeds
9.3 Market Analysis, Insights, and Forecast – By Crop Type
9.3.1 Cereals
9.3.1.1 Corn
9.3.1.2 Wheat
9.3.1.3 Rice
9.3.1.4 Barley
9.3.1.5 Others
9.3.2 Oilseeds
9.3.2.1 Soybean
9.3.2.2 Canola
9.3.2.3 Cotton
9.3.2.4 Sunflower
9.3.2.5 Others
9.3.3 Fruits & Vegetables
9.3.3.1 Tomato
9.3.3.2 Pepper
9.3.3.3 Brassica
9.3.3.4 Melons
9.3.3.5 Others
9.3.4 Other Crops
9.4 Market Analysis, Insights, and Forecast – By Country
9.4.1 Brazil
9.4.2 Argentina
9.4.3 Rest of South America
10. Middle East & Africa Commercial Seed Market Analysis, Insights, and Forecast (2014-2025)
10.1 Key Findings / Summary
10.2 Market Analysis, Insights, and Forecast – By Type
10.2.1 Genetically Modified Seeds
10.2.2 Conventional Seeds
10.3 Market Analysis, Insights, and Forecast – By Crop Type
10.3.1 Cereals
10.3.1.1 Corn
10.3.1.2 Wheat
10.3.1.3 Rice
10.3.1.4 Barley
10.3.1.5 Others
10.3.2 Oilseeds
10.3.2.1 Soybean
10.3.2.2 Canola
10.3.2.3 Cotton
10.3.2.4 Sunflower
10.3.2.5 Others
10.3.3 Fruits & Vegetables
10.3.3.1 Tomato
10.3.3.2 Pepper
10.3.3.3 Brassica
10.3.3.4 Melons
10.3.3.5 Others
10.3.4 Other Crops
10.4 Market Analysis, Insights, and Forecast – By Country
10.4.1 South Africa
10.4.2 Rest of the Middle East & Africa
11. Competitive Analysis
11.1 Key Industry Developments
11.2 Global Market Share Analysis (2017)
11.3 Competition Dashboard
11.4 Comparative Analysis - Major Players
11.5 Company Profiles (Overview, Product Offerings, SWOT Analysis, Recent Developments, Strategies, Financials)
11.5.1 Syngenta AG
11.5.2 Bayer CropScience (Monsanto)
11.5.3 DowDuPont
11.5.4 Sakata Seed Corporation
11.5.5 Groupe Limagrain
11.5.6 Land O'Lakes
11.5.7 KWS SAAT SE
11.5.8 Nufarm
11.5.9 Adama Agricultural Solutions
11.5.10 Takii & Co., Ltd.
12. Strategic Recommendations
13. Appendix

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