Perennial Crop Varieties for Carbon Farming Market to Reach CAGR 15,98% by 2031 Top 20 Company Globally

Carbon farming is rapidly emerging as a critical strategy in global climate action efforts, enabling farmers to capture and store atmospheric carbon dioxide (CO2) through agricultural practices. Among the most promising tools in this arena are perennial crop varieties, which include long-lived plants like perennial grains, legumes, and fruit-bearing species that do not require annual replanting. These crops are uniquely suited for carbon farming because their deep root systems sequester more carbon in the soil compared to annual crops, while also reducing soil erosion, enhancing biodiversity, and minimizing the need for synthetic inputs.
The global market for perennial crop varieties for carbon farming is experiencing rapid momentum, driven by sustainability incentives, corporate carbon offset programs, and evolving government policies. In 2024, the global market size for these crop varieties is estimated to be USD 1,531 million, with approximately 7,9 million hectares of land planted globally and an average price of USD 205 per hectare for specialized perennial crop seeds and planting materials. The market is projected to grow at a CAGR of 15,98% from 2024 to 2031, reaching a value of USD 4,398 million by 2031, driven by large-scale land restoration efforts and the expansion of regenerative agriculture programs worldwide.
Latest Trends and Technological Developments
A key development in the field took place in March 2024, when the Land Institute (USA) announced the commercial rollout of improved Kernza® (a perennial intermediate wheatgrass) with higher grain yields and carbon storage rates. This marked a major milestone in the scaling of perennial grain crops for both food and carbon sequestration purposes. In June 2024, the global agri-tech company Terragen Bio launched a microbial inoculant tailored for perennial legumes, enhancing root biomass and carbon retention in tropical and subtropical regions. Meanwhile, remote sensing technologies are being increasingly used to monitor soil carbon levels linked to perennial crop coverage, allowing carbon credit certification bodies to verify sequestration results more efficiently.
Asia, particularly in South and East Asia, represents a rapidly growing market for perennial crops suited to carbon farming. In 2024, the region accounts for approximately 31% of the global market, with India and China leading in both cultivated area and government support. Indias National Mission on Sustainable Agriculture has introduced incentives for perennial crop planting under its agroforestry programs, favoring species like pigeon pea, moringa, and perennial sorghum. Chinas reforestation and soil conservation initiatives, particularly through the Grain for Green Program, increasingly incorporate multipurpose perennial crops such as Paulownia trees and Chinese chestnuts that contribute to both carbon sequestration and rural incomes.

Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart)
https://www.qyresearch.com/sample/4803669

Perennial Crop Varieties for Carbon Farming by Type:
Perennial Grains

Perennial Oilseeds

Perennial Legumes

Perennial Forages and Pastures

Others

Perennial Crop Varieties for Carbon Farming by Application:
Carbon Sequestration Projects and Offsets

Bioenergy and Biomaterials

Food and Feed Production

Soil Health and Erosion Control

Others

Global Top 20 Key Companies in the Perennial Crop Varieties for Carbon Farming Market
The Land Institute

General Mills Inc.

Svalöf Weibull AB

Agroforestry Research Trust

ICRAF

Alforex Seeds

Barenbrug Group

S&W Seed Company

Savanna Institute

Perennial Pantry

Grassland Oregon

The Perennial Agriculture Institute

CIRAD

Green Cover Seed

Prairie Horizons

Corteva Agriscience

Terramera Inc

Indigo AG

Soil Capital

Beijing Origin Agritech Ltd

Regional Insights
Southeast Asia holds significant untapped potential in this market due to its tropical climate, degraded landscapes, and high suitability for perennial agroforestry systems. In 2024, the region represents 9.2% of global market value, with Indonesia, the Philippines, and Thailand as the most active participants. Indonesia is piloting perennial oilseed crops like pongamia and jatropha on degraded peatlands to generate carbon credits, while Thailands rubber agroforestry systems are being re-engineered to include carbon-beneficial intercrops. The Philippines has advanced community-based carbon farming initiatives, incorporating perennial fruit trees and vetiver grass in upland farming systems. These developments are supported by increasing international funding through REDD+ and voluntary carbon markets.
Perennial Crop Varieties for Carbon Farming by Region:
North America
Europe
China
Japan
India
South East Asia

Despite its promise, the perennial crop market for carbon farming faces several obstacles. These include long crop establishment periods, limited commercial seed availability, and a lack of standardization in measuring soil carbon gains. Moreover, farmers may be hesitant to adopt unfamiliar perennial varieties without clear short-term economic returns. The verification of carbon credits tied to perennial crops also remains complex and costly, particularly in smallholder-dominated regions. Additionally, institutional frameworks to reward farmers through carbon trading remain underdeveloped in many parts of the Global South.
To overcome these barriers, industry stakeholders are pursuing collaborative models that integrate research institutions, carbon registries, and farming communities. In April 2024, a strategic partnership was announced between CIMMYT, Carbon Direct, and Bayer AG to co-develop region-specific perennial crop packages integrated with real-time carbon monitoring tools. Private sector players are also investing in digital platforms that connect farmers growing perennial crops with buyers of carbon offsets, creating new revenue streams and improving market transparency. Companies are increasingly leveraging AI to identify suitable land for perennial transition and forecast carbon sequestration potential under different agroecological conditions.

Product Models
Perennial crop varieties are gaining prominence in carbon farming due to their ability to sequester carbon, enhance soil health, reduce erosion, and require fewer inputs over time. These crops live and produce for multiple years without replanting, making them ideal for sustainable agriculture and climate mitigation.
Perennial Grains which provide food while improving soil stability. Notable products include:
Kernza® by The Land Institute: A deep-rooted wheatgrass variety bred for grain production and carbon sequestration.
Sova Grains by Olander Farms: Locally adapted perennial grain ideal for low-input carbon farming systems.
Perennial Barley by Svalöf Weibull AB: Cold-tolerant barley designed for continuous harvest and soil protection.
PerenneOat by Future Earth Seeds: An experimental perennial oat variety under trial for carbon retention in temperate zones.
SustainGrain by TerraGreen Crops: A commercial perennial cereal crop marketed for regenerative farms.
Perennial Oilseeds offering biofuel and cooking oil sources with environmental benefits. Examples include:
LeafOil Silphium by PrairieTech Ag: Dual-purpose perennial oilseed crop with pollinator support and soil regeneration traits.

Silphium integrifolium (Silflower) by The Land Institute: A prairie native being developed for perennial oilseed production and carbon drawdown.
Perennial Pongamia (Millettia pinnata) by Terviva: A nitrogen-fixing tree with high oil content, ideal for biofuel and carbon-rich agroforestry systems.
EcoJatropha by GreenFuel Botanicals: Low-maintenance perennial oilseed shrub optimized for degraded lands and biodiesel production.
Hybrid Perennial Mustard by ClimateHarvest Seeds: Modified mustard variety providing recurring oilseed yields and strong root biomass.
Perennial Legumes which fix nitrogen and enrich soil. Products examples include:
Illinois Bundleflower by The Land Institute: Native legume valued for nitrogen fixation, seed protein, and deep roots for carbon storage.
Desmanthus illinoensis by Prairie Moon Nursery: Used for forage and nitrogen fixing with significant perennial carbon potential.
EverBean by Resilient Farms: Perennial soybean under development for warm-season carbon-farming systems.
Perennial Clover Mix by CoverAg Solutions: Multi-species blend of clovers designed for year-round soil cover and nutrient enrichment.
Leucaena leucocephala by ICRAF: Tropical legume tree used in agroforestry systems for biomass and soil restoration.
Perennial Forages and Pastures which support livestock systems while sequestering large amounts of carbon in soil. Products examples include:
Tall Fescue MaxQ II by Pennington: Endophyte-enhanced fescue known for long-term soil coverage and carbon input.
Orchardgrass Persist by DLF Seeds: High-yield perennial forage grass that contributes organic matter to soils.
Alkar Tall Wheatgrass by USDA NRCS: Salt-tolerant perennial pasture grass for degraded land restoration and carbon gain.
Lucerne (Perennial Alfalfa) by Pioneer: Drought-tolerant legume for livestock with deep roots for carbon sequestration.
Bahiagrass Pensacola by UF IFAS: Popular in southern U.S. for erosion control and long-season pasture productivity.
Perennial crop varieties are quickly becoming a foundational element of carbon farming, combining ecological restoration with economic opportunity. The global market is poised for transformative growth, supported by scientific breakthroughs, climate finance, and policy shifts toward sustainable agriculture. Asia and Southeast Asia are playing increasingly influential roles in shaping this market, offering fertile ground for both innovation and investment.

Investor Analysis
For investors, this report presents a timely opportunity to engage with a sector that aligns with ESG mandates and global carbon neutrality targets. Investments in perennial crop systems yield long-term returns through both sustainable biomass production and tradable carbon credits. Venture capital and impact investors can support seed developers, digital carbon platforms, and regenerative agribusinesses scaling operations in Asia and Southeast Asia. Additionally, companies with land assets can integrate perennial systems to monetize unused or degraded areas while enhancing soil health and biodiversity. With carbon markets expected to expand exponentially, understanding the value chain outlined in this report is crucial to capitalizing on emerging green assets.
Request for Pre-Order Enquiry On This Report
https://www.qyresearch.com/customize/4803669

5 Reasons to Buy This Report
Gain in-depth analysis of the fast-growing perennial crop market linked to carbon farming.
Understand regional dynamics and growth forecasts in Asia and Southeast Asia.
Discover the latest innovations and real-world case studies shaping the industry.
Identify investment opportunities in breeding, biotech, carbon verification, and agroforestry.
Support strategic decision-making with accurate data on pricing, acreage, and future demand.
5 Key Questions Answered
What is the market size of perennial crop varieties for carbon farming in 2024, and how will it evolve by 2031?
Which crop types and species are leading the carbon sequestration movement in agriculture?
What are the key challenges to scaling perennial systems, and how are they being addressed?
How are Asia and Southeast Asia uniquely positioned in this global transformation?
Who are the major players driving innovation and deployment in this market?
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of the product manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Sales, revenue of the product in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.

Contact Information:
Tel: +1 626 2952 442 (US) ; +86-1082945717 (China)
+62 896 3769 3166 (Whatsapp)
Email: willyanto@qyresearch.com; global@qyresearch.com
Website: www.qyresearch.com

QY Research has established close partnerships with over 71,000 global leading players. With more than 20,000 industry experts worldwide, we maintain a strong global network to efficiently gather insights and raw data.
Our 36-step verification system ensures the reliability and quality of our data. With over 2 million reports, we have become the world's largest market report vendor. Our global database spans more than 2,000 sources and covers data from most countries, including import and export details.
We have partners in over 160 countries, providing comprehensive coverage of both sales and research networks. A 90% client return rate and long-term cooperation with key partners demonstrate the high level of service and quality QY Research delivers.
More than 30 IPOs and over 5,000 global media outlets and major corporations have used our data, solidifying QY Research as a global leader in data supply. We are committed to delivering services that exceed both client and societal expectations.

This release was published on openPR.