Global Commercial Seeds Market Size, Share, Growth, Industry Analysis By Segmentations, Top Key Players, Trends, & Forecast 2023-2032

The global commercial seed market was estimated at USD 40.7 billion in 2017 and is projected to reach USD 61.32 billion by the end of 2032 with a compound annual growth rate of 5.8%.

The global agribusiness industry has undergone a major transformation over the past decade due to various mergers and acquisitions activities. Global agrochemicals (including insecticides and seeds) are a consolidating industry, with recent mergers and acquisitions further consolidating the industry. The combination of key industry players such as Bayer Monsanto, ChemChina Syngenta and DowDuPont has significantly changed the structure of the industry, the level of competition, investment trends and the dynamics of supply and demand in the industry.

The market registered a growth of 6.63% in 2017 compared to 2016 due to a significant increase in the planted area dedicated to genetically modified crops. Increasing use of certified seeds by commercialization by agricultural professionals and the benefits of trusted and improved seed varieties among crop growers are expected to support seed market growth during the forecast period 2018-2032. expected. Seeds or planting material are the basic inputs in the production of plants. Although it accounts for a relatively small proportion of total input costs in agriculture, other inputs depend on seed quality for optimum productivity. High-quality seeds and planting material are an essential contribution to achieving sustainable agriculture and food security.

Together, the seed industry and its related institutions and services form the seed system or seed sector. The commercial seed industry scenario differs between developing and developed countries. Multinationals have played an important role in the seed industry in developed countries, but traditional SMEs and cooperatives still hold some market share. The seed industry in developing countries is generally less commercialized and multinationals are seizing the opportunity. 

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Market Segmentation:
By Types
Conventional Seeds
Genetically Modified Seeds

By Applications
Direct Selling
Retail Stores

Following are Top Key players Covered in Report:
DowDuPont
Hyland Seeds
MTI
Pfister Seeds
Triumph Seed
Bayer CropScience
Syngenta International
Vilmorin & Cie
KWA SAAT

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 Regional Analysis:
North America:
The North American region, including the United States and Canada, is a significant market for commercial seeds.
The market is driven by advanced agricultural practices, high adoption of genetically modified (GM) seeds, and strong research and development activities.
Major crops grown in the region include corn, soybeans, cotton, and wheat.
Key players in the North American market include Monsanto Company, DuPont Pioneer, and Syngenta.

Europe:
Europe has a well-developed commercial seeds market with strict regulations on genetically modified organisms (GMOs).
The region focuses on sustainable agriculture practices, organic farming, and conservation of traditional seed varieties.
Major crops grown in Europe include wheat, barley, rapeseed, and maize.
Key players in the European market include Bayer CropScience, Limagrain, and KWS SAAT SE.

Asia-Pacific:
The Asia-Pacific region, including countries like China, India, and Australia, is a rapidly growing market for commercial seeds.
Rising population, increasing demand for food, and technological advancements in agriculture drive the market growth.
Major crops grown in the region include rice, wheat, corn, and vegetables.
Key players in the Asia-Pacific market include Syngenta, Advanta Limited, and Nuziveedu Seeds.

Latin America:
Latin America, particularly Brazil and Argentina, is a major contributor to the global commercial seeds market.
The region has favorable climatic conditions, vast agricultural land, and a growing demand for biofuels, which drives the market.
Major crops grown in Latin America include soybeans, corn, sugarcane, and cotton.
Key players in the Latin American market include Monsanto Company, DowDuPont, and Bayer CropScience.

Middle East and Africa:
The Middle East and Africa region have diverse agricultural conditions, with a focus on drought-tolerant and disease-resistant crops.
The market is driven by the need for food security, improving crop productivity, and technological advancements in agriculture.
Major crops grown in the region include wheat, maize, sorghum, and millets.
Key players in the Middle East and Africa market include East-West Seed International, Pioneer Hi-Bred International, and Seed Co Limited.

Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter's Five Force Model and SWOT analysis are used to study the global Commercial Seeds market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Commercial Seeds would help in identifying future applications in this market.

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Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
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