Seeds Market Size, Key Stakeholders, Share, Growth Factors, Top Trends, Key Drivers And Forecast To 2032

As per The Business Research Company's Seeds Opportunities And Strategies Market Report 2023, the seeds market size reached a value of nearly $55,100.1 million in 2021, having grown at a compound annual growth rate (CAGR) of 3.6% since 2016. The market is expected to grow from $55,100.1 million in 2021 to $73,069.1 million in 2026 at a rate of 5.8%. The seeds market size is then expected to grow at a CAGR of 5.6% from 2026 and reach $96,161.0 million in 2031.

The food security initiatives of various governments promoted seeds globally, which is expected to boost demand for essential crops, cereals and food grains. For instance, the US government implemented the Global Food Security Act in 2016 and the Global Food Security Strategy (GFSS) in 2022. In 2019, the Qatar government allocated about QAR 70.0 million ($19.2 million) annually to support the agricultural sector over the next five years, to increase the local production of vegetables, animals, and fish. The various food security initiatives supported the growth of the seeds market.

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Artificial intelligence is the key trend gaining traction in the seeds market. Companies in the seeds market are focusing on artificial intelligence to lead the market. Artificial intelligence (AI) based technologies have been driving innovations in the agricultural industry. For example, in 2019, Syngenta AG, a Switzerland-based company that provides agricultural science and technology, in particular seeds and pesticides, introduced a new digital platform to support farmers increase their profit potential through data-driven seed recommendations. The NK® Seed Analyzer combines artificial intelligence (A.I.), detailed agronomic information, and a simple user interface, extending the NK brand's concentrates on innovation by adding value beyond seed. The NK Seed Analyzer provides the best that NK has to offer. Utilizing cutting-edge technology, the platform supports the provision of clear, unbiased product recommendations that streamline decision-making and deliver customized solutions for any farm.

The top opportunities in the seeds market segmented by type will arise in the genetically modified segment, which will gain $10,790.9 million of global annual sales by 2026. The top opportunities in segment by seed treatment will arise in the treated segment, which will gain $15,549.9 million of global annual sales by 2026. The top opportunities in segment by crop type will arise in the cereals and grains segment, which will gain $8,056.6 million of global annual sales by 2026. The top opportunities in segment by traits will arise in the herbicide-tolerant segment, which will gain $8,253.7 million of global annual sales by 2026. The seeds market size will gain the most in China at $5,814.6 million.

Seeds Market Segmentation:
The seeds market is segmented by type, by component, by function and by type of traders.
By Type -
The seeds market is segmented by type
a) Genetically Modified
b) Conventional

By Seed Treatment -
The seeds market is segmented by seed treatment
a) Treated
b) Non-Treated

By Crop Type -
The seeds market is segmented by crop type
a) Cereals And Grains
b) Fruits And Vegetables
c) Oilseeds And Pulses
d) Other Crop Types

By Traits -
The seeds market is segmented by traits
a) Herbicide-Tolerant
b) Insecticide-Resistant
c) Other Traits

Major players in the seeds market include Corteva, Inc, Bayer AG, Syngenta AG, KWS SAAT SE, BASF SE.

The regions covered in the global seeds market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The latest report from The Business Research Company, 'Global Seeds Opportunities And Strategies Market Report - Forecast To 2032,' provides a comprehensive global perspective with data and statistics from 60+ geographies, analyzing 7000+ market segments. The regional and country breakdowns section offers insights into each geography's market analysis, size, historic and forecast growth, and key strategies for industry competitiveness.

Seeds Market Report Table Of Content
1. Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
6. Introduction and Market Characteristics
……
20. Key Mergers and Acquisitions
21. Opportunities And Strategies
22. Seeds Market, Conclusions And Recommendations
23. Appendix

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