Seeds Market Set to Reach $94.98 Billion by 2029 with 7.6% Yearly Growth

What industry-specific factors are fueling the growth of the seeds market?
The anticipated rise in demand for biofuel produced from genetically modified crops is projected to bolster the seeds market during the forecast period. Genetically modified (GM) plants are being advocated as a novel alternative for biofuel production given their potential for higher yield or premium quality feedstock. As nations gradually transition from fossil fuels to greener modes of transportation, biofuels are predicted to become more prevalent, which in turn will stimulate the demand for GM crops in the foreseeable future. For example, the reformed Renewable Energy Directive (REDII) in Europe established in 2021, which defines the EU policy framework through to 2030, is anticipated to bolster the biofuels market, consequently propelling the seeds market.

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What Is the projected market size and growth rate for the seeds market?
The market size for seeds has experienced significant expansion in the last few years. It is projected to rise from $66.41 billion in 2024 to $70.94 billion in 2025, with a compound annual growth rate (CAGR) of 6.8%. Factors contributing to the historical growth include a surge in the global population, government actions, the reduction of available farm lands and heightened demand for animal fodder.

The size of the seeds market is predicted to witness robust expansion in the coming years, enlarging to $94.98 billion in 2029 with a compound annual growth rate (CAGR) of 7.6%. The anticipated growth for the forecast period can be credited to the worldwide population increase, attention to food safety measures, rise in demand for biofuel, and the shift towards plant-based diets. Key trends during the forecast era will include utilizing artificial intelligence for innovation, emphasis on treating seeds biologically, prioritizing partnerships and collaborations to solidify market stance, and investments in innovative seed treatments for improved yield and enhanced productivity.

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What are the emerging trends shaping the future of the seeds market?
Leading enterprises in the seeds market are leaning towards implementing novel technologies, for instance, TYMIRIUM, to bolster crop resilience, augment yield potential, and boost resource efficiency in farming techniques. TYMIRIUM is an exclusive seed treatment technology tailored to augment crop resilience and increase yield potential by safeguarding seeds from diverse environmental pressures and pathogens. To exemplify, Syngenta, an agricultural technology firm based in Switzerland, in May 2022, introduced VICTRATO that applies TYMIRIUM technology, a freshly formulated active ingredient purposed to tackle nematodes and vital soil-borne ailments.

What major market segments define the scope and growth of the seeds market?
The seeds market covered in this report is segmented -

1) By Type: Genetically Modified, Conventional
2) By Seed Treatment: Treated, Non-Treated
3) By Crop Type: Cereals And Grains, Fruits And Vegetables, Oilseeds And Pulses, Other Crop Types
4) By Traits: Herbicide-Tolerant, Insecticide-Resistant, Other Traits

Subsegments:
1) By Genetically Modified: Herbicide-Tolerant Seeds, Insect-Resistant Seeds, Drought-Tolerant Seeds, Nutritionally Enhanced Seeds
2) By Conventional: Open-Pollinated Seeds, Hybrid Seeds, Heirloom Seeds, Organic Seeds

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Which region dominates the seeds market?
North America was the largest region in the seeds market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the seeds market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Which key market leaders are driving the seeds industry growth?
Major companies operating in the seeds market include Corteva Inc, Bayer AG, KWS SAAT SE & Co. KGaA, BASF SE, Syngenta AG, Groupe Limagrain Holding SA, DLF Seeds A/S, UPL Limited, Sakata Seed Corporation, Land O'Lakes Inc., Abundant Seeds, Advanta Seed International, Clause Pacific, Heritage Seeds Pty Ltd, Magnus Kahl Seeds, Queensland Agricultural Seeds Pty Ltd, South Pacific Seeds Pty Ltd, Terranova Seeds Pty Ltd, Beijing Dayi Seed Co Ltd, Beijing Mantian Seeds Co Ltd, Beijing TopGreen Turf & Forage Co Ltd, East-West Seed International Ltd, Green Seeds China, Henan Know-How Seed Co Ltd, Jiuquan Changqing Seeds Co Ltd, Liaoning Dongya International Seed Co Ltd, RichPro Seed Co Ltd, Techspark Seed Co Ltd, Wenzhou Shenlu Seed Co Ltd, Vilmorin, Limagrain, Bayer Crop Science AG, CN Seeds Ltd, Plant Seeds Ltd, Tozer Seeds, Roussineau SA, Gautier Semences, Panam Semences, Semences de l'Est, Technisem, ROLIMPEX SA, Danko, PHU Karo, TORSEED, Grupo Sakata Seed de México SA de CV, Top Seeds Inc, Reimer seeds, West Coast Seeds, Richters Herbs, DuPont Pioneer, Agridera Seeds & Agriculture Ltd, Genesis Seeds Ltd, Hazera Seeds Ltd, Nirit Seeds Ltd, Monsanto South Africa (Pty) Ltd, Corteva Agriscience, Capstone Seeds, African Seeds Group

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What Is Covered In The Seeds Global Market Report?

• Market Size Forecast: Examine the seeds market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the seeds market for a structured understanding.
• Key Players Overview: Analyze major players in the seeds market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the seeds market.
• Segment Contributions: Evaluate how different segments drive overall growth in the seeds market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the seeds market.
• Industry Challenges: Identify potential risks and obstacles affecting the seeds market.
• Competitive Landscape: Review strategic developments in the seeds market, including expansions, agreements, and new product launches.

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