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Seeds Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunities
The Seeds Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Expected Seeds Market Size During the Forecast Period?
In recent times, the seeds market has seen robust growth. It's projected to expand from $66.41 billion in 2024 to $70.94 billion in 2025, corresponding to a compound annual growth rate (CAGR) of 6.8%. Factors such as the rise in global population, government programs, reduction in agricultural land, and heightened demand for animal feed contribute to the growth experienced in the historical period.
The market size of seeds is anticipated to witness robust growth in the forthcoming years. The market is projected to expand to $94.98 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 7.6%. The expected growth in the forecast period can be linked to the increase in global population, food safety strategies, growing demand for biofuels, and the transition towards plant-based diets. Key trends in this forecast period encompass the use of AI for spearheading innovations, emphasis on biological seed treatments, efforts towards forming partnerships and collaborations to solidify market presence, and investment in innovative seed treatment technologies to boost yield and productivity.
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What Are the High-Growth Segments in 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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What Key Drivers Are Expected to Influence Future Seeds Market Growth?
The forecasted growth in the seeds market is anticipated to be driven by rising demand for biofuel produced using genetically modified crops. Genetically modified (GM) crops have been touted as an innovative avenue for biofuel production due to their potential for higher yields and superior feedstock quality. With a gradual global transition from fossil fuels to environmentally friendly alternatives, biofuels are projected to become more sought after, thereby bolstering GM crop demand in the forecast period. An example of this is the revised Renewable Energy Directive (REDII) implemented in Europe in 2021, which sets the EU policy framework until 2030, is likely to stimulate the biofuels sector, thereby fuelling growth in the seeds market.
Which Companies Hold the Largest Share Across Different Seeds Market Segments?
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
What Trends Are Expected to Dominate the Seeds Market in the Next 5 Years?
Principal players in the seeds market like Syngenta are investing in novel technologies such as TYMIRIUM aiming to bolster crop endurance, amplify yield capability, and fine-tune resource efficiency in agronomy. TYMIRIUM is a unique seed treatment solution meant to bolster crop endurance and augment yield capability by guarding seeds against various environmental stressors and pathogens. As an illustration, Syngenta, a Switzerland rooted agri-tech firm, unveiled VICTRATO in May 2022, deploying TYMIRIUM technology that features a fresh active constituent specially developed to combat nematodes and crucial soil-related diseases.
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What Are the Emerging Geographies for The Seeds Market Growth?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Seeds Market?
2. What is the CAGR expected in the Seeds Market?
3. What Are the Key Innovations Transforming the Seeds Industry?
4. Which Region Is Leading the Seeds Market?
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