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Growing Demand For Biofuel From Genetically Modified Crops Boosts Seeds Market: A Key Catalyst Accelerating Seeds Market Growth in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Seeds Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
There has been a notable expansion in the size of the seeds market in past years. Its potential for growth is evident, as it is projected to increase from $70.28 billion in 2024 to $74.12 billion in 2025, with a compound annual growth rate (CAGR) of 5.5%. The historic growth can be accredited to factors such as an increase in global population, governmental efforts, shrinking farmlands, and the amplified demand for animal feed.
Seeds Market Size Forecast: What's the Projected Valuation by 2029?
The market size of seeds is anticipated to witness robust expansion in the upcoming years, escalating to $94.23 billion by 2029 with a compound annual growth rate (CAGR) of 6.2%. The projected growth during this forecast period can be traced back to worldwide population increase, initiatives aimed at food security, rising biofuel demand, and a transition to plant-based diets. The outgoing trends during this forecasting interval encourage the application of AI to spark breakthroughs, emphasis on biological seed treatments, strengthening market position through partnerships and collaborations, and investment in innovative seed treatment technologies to enhance yield and productivity.
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What Are the Drivers Transforming the Seeds Market?
The prediction for the seeds market indicates growth, bolstered by the rising need for biofuel derived from genetically modified crops in the upcoming timeframe. Genetically modified (GM) crops provide an advanced solution for biofuel production due to their potential for higher yield or improved quality feedstock. As nations gradually transition from fossil fuels to more environmentally-friendly modes of transportation, biofuels are projected to see a surge in popularity, eventually bolstering the demand for GM crops in the forecast period. To illustrate, the 2021's revised Renewable Energy Directive (REDII) in Europe, which establishes the EU policy structure until 2030, is anticipated to bolster the market for biofuels, thereby fuelling the seeds market.
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What Trends Will Shape the Seeds Market Through 2029 and Beyond?
Leading businesses in the seeds market are concentrating their efforts on fresh advancements like TYMIRIUM. This technology is geared towards strengthening crop resistance, elevating their yield potential, and maximizing resource efficiency within agricultural activities. TYMIRIUM, a unique seed treatment innovation, enhances crop resilience and boosts yield potential by safeguarding seeds against a variety of environmental stressors and pathogens. In May 2022, for instance, Syngenta, an agricultural technology firm based in Switzerland, introduced VICTRATO. This product, which incorporates TYMIRIUM technology, includes a newly developed active ingredient designed to combat nematodes and major soil-borne diseases.
Which Segments in the Seeds Market Offer the Most Profit Potential?
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 Firms Dominate the Seeds Market by Market Share and Revenue in 2025?
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 Offer the Highest Growth Potential in 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.
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