Seeds Market Growth Accelerates: Strategic Forecast Predicts $94.98 Billion by 2029

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What Will the Seeds Industry Market Size Be by 2025?
The dimension of the seeds market has seen impressive expansion in the past few years. The market value is projected to escalate from $66.41 billion in 2024 to $70.94 billion in 2025, marking a compound annual growth rate (CAGR) of 6.8%. The surge in the bygone era is a result of the global population increase, governmental interventions, reduction in farmland sizes and heightened necessity for animal feed.

What's the Long-Term Growth Forecast for the Seeds Market Size Through 2029?
The market size for seeds is anticipated to witness considerable expansion in the forthcoming years, escalating to $94.98 billion in 2029 with a compound annual growth rate (CAGR) of 7.6%. This projected growth during the forecast period can be linked to the global population surge, initiatives for food security, heightened demand for biofuel, and a shift towards vegan diets. Key trends for the prediction period include utilization of AI for innovation, emphasizing on biological seed treatments, fortifying market positioning through partnerships and collaborations, and investment in groundbreaking seed treatment technologies for enhanced yields and superior productivity.

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What Are the Key Growth Drivers Fueling the Seeds Market Expansion?
The anticipated increase in the demand for biofuel produced using genetically engineered crops is expected to contribute to the growth of the seeds market during the forecast period. Genetically Modified (GM) crops are being lauded as a fresh avenue for biofuel production as they offer improved yield or superior quality feedstock. As the shift from fossil fuels to environmentally friendly transportation options occurs gradually, biofuels are anticipated to gain more traction, which in turn, supports the demand for GM crops during the predicted period. For example, the revised Renewable Energy Directive (REDII) established in Europe in 2021 outlines EU policy until 2030, and is tipped to drive the market for biofuels and subsequently propel the seeds market.

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What Are the Key Trends Driving Seeds Market Growth?
Key players in the seeds market are placing a strong emphasis on the adoption of innovative technologies like TYMIRIUM, with the aim of bolstering crop resilience, elevating yield potential and streamlining resource effectiveness in farming practices. TyMIRIUM, an exclusively designed seed-treatment technology, seeks to amplify crop resilience and enhance yield potential by safeguarding seeds against numerous environmental challenges and pathogens. An example of this was in May 2022, when Switzerland's agrotechnology firm, Syngenta, introduced VICTRATO. This product employs TYMIRIUM technology and features a new active ingredient specifically concocted to combat nematodes and key soil-borne diseases.

How Is the Seeds Market Segmented?
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 Companies Are Leading the Charge in Seeds Market Innovation?
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

Which Regions Are Leading the Global Seeds Market in Revenue?
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.

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