Seeds Market is Expected to Reach $95.1 by 2031 - Bayer CropScience AG, DLF-Trifolium, E.I. Du Pont De Nemours and Company

The global Seeds Market, valued at USD 57.5 billion in 2024, is anticipated to experience significant growth, reaching approximately USD 95.1 billion by 2031. This expansion is projected to occur at a CAGR of 6.5% during the forecast period from 2024 to 2031.

The seeds market plays a vital role in agriculture, providing seeds for a diverse range of crops, fruits, vegetables, and plants. It is highly competitive, with significant rivalry among leading players and regional firms. Genetically modified (GM) seeds have seen widespread adoption due to their advantages, such as pest resistance and enhanced yields. These traits have made GM seeds increasingly popular among farmers, boosting crop productivity and offering better protection against pests.

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Market Dynamics:

Demand for High-Performance Seeds Market

The rising global population is a key driver of the seeds market, leading to heightened demand for food production. Recent market analysis highlights that this increased demand has spurred investments and innovation aimed at developing high-quality seeds to boost crop yields and productivity. Major players in the seeds market are expanding their market share by introducing advanced seed varieties with enhanced traits, driven by extensive research and development efforts.

Segment Covered in the Seeds Market

By Type: GM Seed and Conventional Seed

By Crop: Field Crops (Cotton, Corn, Rice, Wheat, Millet, Sunflower, and Sorghum

By Fruit & Vegetable Crops: Tomato, Okra, Chilli, Melon, Gourds, Cabbage, Cauliflower, Cucumber, and Others

By Availability: Commercial Seeds and Saved Seeds

By Seed Treatment: Treated and Untreated

By Seed Trait: Herbicide Tolerant, Insecticide Resistant, and Other Stacked Traits

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Major Key players involved in Seeds Market:

• Bayer CropScience AG
• Syngenta AG
• Corteva Agriscience
• BASF SE
• Groupe Limagrain
• KWS SAAT SE
• Land O'Lakes
• Sakata Seed Corporation
• Rijk Zwaan
• Takii & Co. Ltd

Regional Analysis:

The global Seeds Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

The Seeds Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Transradial Access Devices Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

Key Developments

On November 9, 2022, Corteva Agriscience, headquartered in the United States, announced the acquisition of ZNLabs, a diagnostic laboratory focused on plant and soil health.
On February 11, 2021, Syngenta revealed its acquisition of Sensako, a South African seed company renowned for its expertise in wheat genetics.
On March 18, 2021, Limagrain, a company based in France, acquired the vegetable seed business of Clause Group.

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