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Seeds Market 2023 - Industry Segments, Market Size, Share, Top Major Players, And Forecast To 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Seeds Market Size, Growth Rate, And Forecast
The global seeds market size grew from $58.74 billion in 2022 to $62.72 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The seeds market size is expected to grow to $81.1 billion in 2027 at a CAGR of 6.6%.
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Seeds Market Drivers
The high adoption of biotech crops is significantly contributing to the growth of the seeds market. Biotech crops are genetically modified crops that involve a technology to produce a GM plant. The high adoption of biotech crops is promoting the production of a high number of seeds to meet the demand.
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Seeds Market Segments
1) By Type: Genetically Modified, Conventional
2) By Seed Treatment: Treated, Non-Treated
3) By Crop Type: Cereals And grains, Fruits And vegetables, Other Crop Types
4) By Traits: Herbicide-Tolerant, Insecticide-Resistant, Other Traits
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the seeds market.
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Seeds Market Key Players
Major competitors in the seeds market include BASF SE, Bayer Cropscience AG, Syngenta AG, KWS SAAT SE & Co. KGaA, Land O'Lakes Inc., Sakata Seed Corporation, Limagrain, Corteva Agriscience.
The Business Research Company's "Global Seeds Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Seeds Market Include:
1. Executive Summary
2. Seeds Market Characteristics
3. Seeds Market Trends And Strategies
4. Seeds Market - Macro Economic Scenario
5. Seeds Market Size And Growth
....
26. Africa Seeds Market
27. Seeds Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Seeds Market
29. Seeds Market Future Outlook and Potential Analysis
30. Appendix
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