Agriculture Industry Overview

The seeds market consists of sales of seeds by entities (organizations, sole traders, and partnerships) that germinate to produce a new plant under inappropriate growth conditions. A seed is a fertilized ovule enclosed in a seed coat with some stored food. It is produced by a plant that contains the plant embryo. They guarantee the genetic and physical integrity of the crops, provide the required plant population, and provide the plants the ability to survive harsh situations. Seedlings generated will be more vigorous, fast-growing, and resistant to pests and disease to a degree, ensuring consistent growth and maturity. The seeds market consists of genetically modified, and conventional seeds. Genetically modified seeds are seeds that have been genetically engineered to have certain traits, such as herbicide resistance. It is divided by treatment method as treated, and non-treated and into crop types as cereals and grains, fruits and vegetables, and others. The seed market is divided by traits into herbicide-tolerant, insecticide-resistant, and other stacked traits. The seeds market research report is one of a series of new reports from The Business Research Company that provides seeds market statistics, including seeds industry global market size, regional shares, competitors with a seeds market share, detailed seeds market segments, market trends and opportunities, and any further data you may need to thrive in the seeds industry. This seeds market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global seeds market size is expected to grow from $55.1 billion in 2021 to $58.28 billion in 2022 at a compound annual growth rate (CAGR) of 5.8%. The global seed market size is expected to grow to $73.07 billion in 2026 at a CAGR of 5.8%. The high adoption of biotech crops is significantly contributing to the growth of the seeds market. Biotech crops are genetically modified crops that involve a technology to produce a GM plant. The high adoption of biotech crops is promoting the production of a high number of seeds to meet the demand. For Instance, according to the International Service for the Acquisition of Agri-biotech Applications (ISAAA), a US-based non-profit international organization that shares agricultural biotechnology, in 2019, 17 million farmers planted 190.4 million hectares of biotech crops and 56% of the global biotech hectares were planted by 24 developing countries. Therefore, the high adoption of biotech crops is driving the growth of the seeds market. Technological advancements are shaping the seeds market. Major companies operating in seeds are focused on adopting advanced technologies to reduce the cost and improve the quality. For instance, in October 2019, Kaveri Seeds, an India-based agriculture company planned to adopt genetic male sterility (GMS) technology to produce hybrid cotton seeds. The GMS technology helps in identifying female lines at the seedling stage itself and reduces the cost of hybrid cotton seeds. In August 2020, Syngenta, a Switzerland-based agricultural science and technology company acquired Sensasko for an undisclosed amount. With this acquisition, Sensasko company will enter the wheat, corn, and sunflower market in South Africa. The acquisition allows Syngenta seeds to introduce viptera trait technology and helps to invest in innovation and technology. Sensasko is a seeds company based in South Africa. Major players in the seeds market are BASF SE, Bayer Cropscience AG, Syngenta AG, KWS SAAT SE & Co. KGaA, Land O’Lakes Inc., Sakata Seed Corporation, Limagrain, Corteva Agriscience, UPL Limited, DLF Seeds A/S, Rallis India Limited, Enza Zaden, Takii & Co. Ltd, AgReliant Genetics, Advanta Limited, Dow Agrosciences LLC, and Yuan Longping High-tech Agriculture Co. Ltd. North America was the largest region in the seeds market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global seeds market during the forecast period. The regions covered in the global seeds market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the seeds market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global seeds market 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, Others 4) By Trait: Herbicide-Tolerant, Insecticide-Resistant, Others

The smart irrigation market consists of sales of smart irrigation equipment by entities (organizations, sole traders, and partnerships) that manufacture a set of technologies used to get weather data or soil moisture data to determine the irrigation efficiency of the landscape. Smart irrigation refers to the use of sensors to inform the watering routines, which is used to improve the efficiency of the soil by modifying the watering schedules. Smart irrigation collects information from sensors and sends information to the user which helps to turn off the water sprinkler automatically. The main types of smart irrigation are climate-based and sensor-based. The climate-based smart irrigation refers to devices and related services by entities that manufacture climate-based controllers used for local weather data. Climate-based controllers also known as evapotranspiration controllers work by gathering local weather information and making irrigation run-time adjustments to receive the appropriate amount of water. The different technologies include evapotranspiration, and soil moisture and involve various components such as sensors, controllers, water flow meters, software, and others. It is employed in several sectors including agriculture, golf course, residential, and others. The smart irrigation market research report is one of a series of new reports from The Business Research Company that provides smart irrigation market statistics, including smart irrigation industry global market size, regional shares, competitors with a smart irrigation market share, detailed smart irrigation market segments, market trends and opportunities, and any further data you may need to thrive in the smart irrigation industry. This smart irrigation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global smart irrigation market size is expected to grow from $1.16 billion in 2021 to $1.38 billion in 2022 at a compound annual growth rate (CAGR) of 18.9%. The global smart irrigation market size is expected to reach $2.43 billion in 2026 at a CAGR of 15.3%. The growth of smart cities is significantly contributing to the growth of the smart irrigation market going forward. The increase in the importance of efficient watering solutions for non-agricultural practices is the major driving factor for the growth of this market. As smart cities are being the ongoing trend in major parts of the world, they emphasize efficient management of water practices for both commercials as well as residential spaces. For instance, according to Cities Today, a US-based magazine, the number of smart city projects in 2020 grew by 14% from 2019 and is expected to increase at a faster rate in 2023 and 2024. Therefore, an increase in smart cities helps in the growth of the smart irrigation market. The rise in the adoption of smart technologies is considered a key trend in the smart irrigation market. Major companies operating in the market are adopting new technologies such as remote sensing to sustain their position. For instance, in 2020, Netafim, an Israeli-based company that manufactures irrigation equipment collaborated with FluroSat, a remote field sensing and analytics company. The collaboration allowed Flurostat’s remote sensing technology to combine with Netafim’s automated irrigation for improved irrigation and crop management. The unique remote sensing platform helps in determining the stress on plants by analyzing the aerial images taken. This technology is helping the farmers proactively in managing their crops. In September 2020, CropX, an Israeli-based company that manufactures smart irrigation tools has acquired Regen, for an undisclosed amount. This acquisition helped CropX to manufacture better agronomic and environmental outcomes. Also, it would enable CropX to expand its business in the New Zealand market. Regen is a New Zealand-based company that provides various smart irrigation tools. Major players in the smart irrigation market are AquaSpy, Calsense, Galcon, Hunter Industries, HydroPoint, Netafim, Rachio, Rain Bird Corporation, Stevens Water Monitoring Systems, The Toro Company, Weathermatic, Banyan Water, Caipos, Delta-T Devices, Jain Irrigation Systems, Manna irrigation, Orbit Irrigation, and Soil Scout. North America was the largest region in the smart irrigation market in 2021. The regions covered in the global smart irrigation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the smart irrigation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global smart irrigation market is segmented - 1) By Type: Climate-Based, Sensor-Based 2) By Technology: Evapotranspiration, Soil Moisture 3) By Component: Sensors, Controllers, Water Flow Meters, Software, Others 4) By End-User: Agriculture, Golf Course, Residential, Others

The rice seeds market consists of sales of rice seeds by entities (organizations, sole traders, and partnerships) that are cultivated to produce various forms of rice such as white rice, brown rice, basmati, Jasmine, Arborio, among others. Rice is the cooked and ingested starchy grains of an annual Southeast Asian cereal grass (Oryza sativa). Rice seeds form a cultivated rice plant that grows to be about 1.2 meters tall and yields a rice grain. Rice seeds are domesticated and cultivated before being planted in prepared beds and transported to a field or paddy. The main types of rice seeds are open-pollinated rice variety and hybrid rice variety. Open-pollinated rice varieties are produced by the simple sharing of pollen between two similar parent rice plants. The various rice grain size includes long grain size, and medium-grain rice short-grain rice that is produced using hybridization technique such as two-line system and three-line system. The rice seeds are available as treated and untreated that are used for agricultural planting, and scientific and research planting. The global rice seeds market is expected to grow from $6.39 billion in 2021 to $7.11 billion in 2022 at a compound annual growth rate (CAGR) of 11.2%. The global rice seeds market is expected to reach $9.74 billion in 2026 at a CAGR of 8.2%. The growing world population and the subsequent surging demand for food is expected to propel the growth of the rice seeds market going forward. According to the Worldometer, the global population in 2021 was 7.9 billion and is expected to reach 10 billion by 2057. The increasing population will increase the demand for food which in turn promotes the growth of the rice seeds market. For instance, according to the Food and Agriculture Organization of the United Nations (FAO), world food demand is expected to increase by 70% by 2050. Therefore, the growing global population and the subsequent surging demand for food will drive the rice seeds market. Technological advancements have emerged as a key trend gaining popularity in the rice seeds market. Major corporations operating in the rice seeds sector are progressively seeking to create revolutionary technology in order to boost productivity and rice quality. For instance, in June 2020, BASF, a Germany-based company operating in the rice seeds market partnered with Win-All Hi-Tech Seed Co., Ltd., a China-based company that develops hybrid rice seeds. The firms intend to use this partnership to commercialize and create a new non-GMO technology-based rice production system that will assist Chinese farmers to increase their yield. Moreover, in May 2019, BASF, a rice seed business based in Germany, has introduced Seltima, a novel fungicide based on special encapsulation technology that will aid Thai rice farmers in producing high-quality rice. In March 2019, RiceTec AG, a US-based developer, and producer of hybrid rice seeds acquired the rice seed assets of Ganga Kaveri Seeds for an undisclosed amount. With this acquisition, RiceTec aimed to expand its rice seed business to different parts of India. Ganga Kaveri Seeds is an India-based company that produces superior rice seed genetics. Major players in the rice seeds market are Bayer AG, Syngenta Group, Advanta Seeds Pty Ltd, Nuziveedu Seeds, Mahyco, BASF SE, Kaveri Seeds Co Ltd, SL Agritech Corporation, Rasi Seeds, Rallis India Limited, JK Agri Genetics Ltd., Hefei Fengle Seed Co Ltd, Corteva, Guard Agri, and Savannah Seeds Private Limited. Asia Pacific was the largest region in the rice seeds market in 2021. Europe is expected to be the fastest-growing region in the global rice seeds market during the forecast period. The regions covered in the global rice seeds market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the rice seeds market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global rice seeds market is segmented - 1) By Type: Open Pollinated Rice Variety, Hybrid Rice Variety 2) By Treatment: Treated, Untreated 3) By Hybridization Technique: Two-Line System, Three-Line System 4) By Grain Size: Long Grain Rice, Medium Grain Rice, Short Grain Rice 5) By Application: Agricultural Planting, Scientific And Research Planting

The sorghum seed market consists of sales of sorghum seeds by entities (organizations, sole traders, and partnerships) that refer to a type of corn that is grown in warm countries. Its grain is often made into flour or syrup. Sorghum is called a grain millet, Indian millet, milo, durra, cereal grain plant, and they are related to the grass family. It is a crucial grain and forages crop because of its high flexibility and suitability for rain-fed low-input agriculture. The main product types of sorghum seed are grain sorghum, sweet sorghum, forage sorghum and biomass sorghum. Forage sorghum is a large, warm-season annual grass that can be grown as a silage crop. The various applications include sorghum planting, sorghum breeding and is used in several sectors such as animal feed, food industry, wine making, biofuel and chemical production, others. The global sorghum seed market is expected to grow from $1.70 billion in 2021 to $1.84 billion in 2022 at a compound annual growth rate (CAGR) of 8.3%. The global sorghum seed market is expected to reach $2.22 billion in 2026 at a CAGR of 4.8%. The rising awareness of a healthy lifestyle coupled with the growing trend of a healthy diet is contributing to the growth of the sorghum seed market. Consumer behavior towards healthy food consumption has shifted significantly in recent years as a result of increased awareness of health and changing lifestyles, as well as growing concerns about the benefits associated with health and wellness food. Sorghum is a nutrient-dense grain that is high in B vitamins, magnesium, potassium, phosphorus, iron, and zinc, among other vitamins and minerals. It also contains a high amount of fiber, antioxidants, and protein. For instance, according to a survey conducted by The Hindu in 2021, 70% of the participants stated that they will focus on improving overall health and immunity as well as lowering stress and anxiety by prioritizing dietary changes. Thus, the rising awareness of a healthy lifestyle coupled with the growing trend of a healthy diet will drive the growth of the sorghum seed market going forward. Collaborations and partnerships have emerged as a key trend gaining popularity in the sorghum seed market. Major companies operating in the sorghum seed sector are focused on collaborations and partnerships to meet consumer demand and strengthen their position. For instance, in October 2019, National Sorghum Producers, a US-based organization for improving the sorghum industry, partnered with the United States Department of Agriculture, the federal executive department responsible for developing and executing federal laws related to farming, and forestry in the US. The goal of this collaboration is to quantify sorghum sustainability in a key ethanol-producing region. Furthermore, in September 2019, Monsanto, a US-based agrochemical and agricultural biotechnology corporation merged with Bayer CropScience Limited for an undisclosed amount. This merger brought two complimentary firms together, resulting in the creation of an innovative engine for Indian agriculture. Bayer CropScience Limited is a Germany-based company that offers sorghum seeds. In October 2021, Crystal Crop Protection Ltd, an India-based crop solutions company, signed a definitive agreement to acquire Cotton, Mustard, Pearl Millet, and Grain Sorghum hybrids from Bayer CropScience in India, for an undisclosed amount. Through this acquisition, Crystal will strengthen its field crops seed business which includes strong brands and R&D capabilities. Bayer CropScience LLC is a Germany-based chemicals company that is specialized in the development of seeds and crop protection products. Major players in the sorghum seed market are Groupe Limagrain, Chromatin Inc, Allied Seed LLC, DuPont Pioneer, Hancock Farm and Seed Company, Advanta Limited, Seed Co Limited, La Crosse Seed LLC, Sustainable Seed Company, S&W Seed Co., Monsanto, Nufarm, Dyna-Gro Seed, Proline, Heritage Seeds, Blue River Hybrids, Safal Seeds & Biotech, NexSteppe, UPL Limited, Alta Seeds, Mabele Fuels, National Sweet Sorghum Producers & Processors Assn, Richardson Seeds, Shri Lal Mahal Group, Sorghum Forum, and EuralisSemences. North America was the largest region in the sorghum seed market in 2021. Asia Pacific is expected to be the fastest-growing region in the global sorghum seed market during the forecast period. The regions covered in the global sorghum seed market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the sorghum seed market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global sorghum seed market is segmented - 1) By Product Type: Grain Sorghum, Sweet Sorghum, Forage Sorghum, Biomass Sorghum 2) By Application: Sorghum Planting, Sorghum Breeding 3) By End User: Animal Feed, Food Industry, Wine Making, Biofuel And Chemical Production, Other End Users

The vegetable seeds market consists of sales of vegetable seeds by entities (organizations, sole traders, and partnerships) that are used by farmers for the cultivation of various types of vegetables such as root, stem, and leafy vegetables. Vegetables can be cultivated either conventionally or organically. Most vegetables are seeded in the fields, however, they are occasionally germinated in a nursery or greenhouse and then transplanted as seedlings to the field. The main types of vegetable seeds are open-pollinated and hybrid. When a plant is purposely cross-pollinated between two or more different species of plants, hybrid vegetable seeds are produced. The goal of cross-pollination is to produce offspring or hybrids that have the best characteristics of both parent plants. The various crop type includes solanaceae, roots and bulb, cucurbit, brassica, leafy, and others that are available as genetically modified seeds and conventional seeds. The major forms of vegetable seeds are organic and inorganic. The global vegetable seeds market is expected to grow from $8.61 billion in 2021 to $9.75 billion in 2022 at a compound annual growth rate (CAGR) of 13.3%. The global vegetable seeds market is expected to reach $14.43 billion in 2026 at a CAGR of 10.3%. The increasing demand for organic food products will contribute to the growth of the vegetable seeds market going forward. Organic food is grown without the use of synthetic chemicals, such as pesticides and fertilizers manufactured by humans, and does not contain genetically modified organisms (GMOs). During the COVID-19 pandemic, demand for organic foods increased as consumers regarded them to be healthier and more immune-boosting. For instance, according to the Organic Trade Association, organic food sales in the United States climbed by a record 12.8% in 2020 to a new high of $56.4 billion. In addition, sales of fresh organic food increased by nearly 11% to $18.2 billion in 2020, and organic frozen fruits and veggies climbed by more than 28% in 2020. Hence, the growing demand for organic food is expected to propel the growth of the vegetable seeds market. Organic vegetable seeds have emerged as a key trend gaining popularity in the vegetable seeds market. The vegetable seed manufacturers are introducing organic vegetable seeds in their product offerings to meet the growing demand for organic food. For instance, in October 2021, Bayer AG, a German-based pharmaceutical and life sciences company, announced that under the new vegetable Bayer label, it would expand its vegetable seed offerings to include organically produced seeds. The launch will focus on certified organic production of three important greenhouse and glasshouse commodities of tomato, sweet pepper, and cucumber. The new products will be available in early 2022, with a focus on the high-growth organic markets of Canada, the United States, Mexico, Spain, and Italy, with future expansion contingent on market demand. In April 2020, Sakata Seed Company Inc., a US-based breeder, and producer of vegetable and ornamental seed and vegetable cutting acquired Vanguard Seed for an undisclosed amount. Through this acquisition, Sakata expanded its product line into the lettuce segment. Vanguard Seed is a US-based lettuce seed company. Major players in the vegetable seeds market are Badische Anilin & Soda-Fabric AG, Bayer CropScience Ltd, Syngenta AG, Groupe Limagrain, Rijk Zwaan Zaadteelt en Zaadhandel B.V, Sakata Seed Corporation, Takii & Co., Ltd, Enza Zaden , East-West Seed Company Ltd, JK Agri Genetics Limited, Kaveri Seeds, Mahyco Private Limited, Nuziveedu Seeds Limited, VNR Seeds, Bejo Zaden B.V., vilmorin & cie, Bajo Foods Private Limited, East-West Seed Company Ltd, F.W. Sawatzky Ltd, United Phosphorous, Longping Hitech, Enza Zaden, FMC Corporation, Vikima Seeds, UPL Limited (Advanta Seeds International), Bejo Zaden BV, and Namdhari Seeds. Asia Pacific was the largest region in the vegetable seeds market in 2021. Asia Pacific is expected to be the fastest-growing region in the global vegetable seeds market during the forecast period. The regions covered in the global vegetable seeds market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the vegetable seeds market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global vegetable seeds market is segmented - 1) By Type: Open-Pollinated, Hybrids 2) By Crop Type: Solanaceae, Roots And Bulb, Cucurbit, Brassica, Leafy, Other Crop Types 3) By Traits: Genetically Modified, Conventional 4) By Form: Inorganic, Organic

The agricultural microbial market consists of sales of agricultural microbials by entities (organizations, sole traders, and partnerships) that include microbes such as fungi, bacteria, and viruses which are used in agricultural farming. Agricultural microbes are the soil microorganisms that are essential for decomposing organic matter and recycling old plant material. They offer numerous advantages, including drought tolerance, heat tolerance, insect resistance, and plant disease resistance. The main types of agricultural microbial are bacteria, fungi, virus, and others. The microbial are formulated through dry and liquid formulation and are used for crop protection and soil amendment. Bacteria is a type of soil microorganism that helps in the transformation of the soil. These are also used as a biofertilizer for crop production so as to produce the yield organically. The various mode of applications includes soil treatment, foliar spray, and seed treatment that are applied in different crops such as cereals and grains, oilseeds and pulses, fruits and vegetables, turf, and ornamentals. The global agricultural microbial market is expected to grow from $4.25 billion in 2021 to $5.06 billion in 2022 at a compound annual growth rate (CAGR) of 19.2%. The global agricultural microbial market is expected to reach $8.84 billion in 2026 at a CAGR of 15%. Rising awareness about organic farming is expected to propel the growth of the agricultural microbial market going forward. Organic farming is a type of farming that does not use chemical pesticides, fertilizers, or other additives in farming. Organic farming makes use of a varied community of microorganisms to protect plants from illness and maintain soil health and productivity. For instance, according to the United States food and agriculture organization, in 2021, organic agriculture is adopted and practiced in 187 countries and almost 72.3 million hectares of agricultural land are maintained organically by almost 3.1 million farmers. In addition, the sales of organic food reached revenues of more than $115.49 billion (106 billion euros) in 2019 globally. Therefore, raising awareness about organic farming drives the agricultural microbials market. Increasing investments have emerged as a key trend gaining popularity in the agricultural microbial market. Major companies operating in the agricultural microbial sector are focused on investments to develop new technologies and products. For instance, in February 2021, ADM, US-based nutrition, agricultural origination, and processing company announced a significant equity investment in Acies Bio, a biotechnology firm established in Slovenia that specializes in research and development as well as manufacturing services for developing and expanding synthetic biology and precision fermentation technologies for use in food, agriculture, and industry. This investment will enable ADM to move forward with precision microbial fermentation activities more quickly by leveraging Acies Bio's considerable microbial expertise and contract manufacturing services. In October 2020, Syngenta Group, a Switzerland-based Agrochemical company acquired Valgaro SpA for an undisclosed amount. The acquisition strengthens Syngenta Group's objective of providing farmers with the more complimentary product and technology options, as well as its commitment to making agriculture more resilient and sustainable. Volagro SpA is an Italy-based biological company that provides agriculture microbials. Major players in the agricultural microbial market are BASF SE, Syngenta AG, Koppert BV, Novozymes A/S, Taxon (Dupont), Bayer CropScience, Arysta Lifescience Limited, AgBiome LLC, Certis Usa LLC, Chr. Hansen A/S, BioAg Alliance, Marrone Bio Innovations, Monsanto Company, Corteva, and IsAgro. North America was the largest region in the agriculture microbial market in 2021. The regions covered in the global agricultural microbial market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the agricultural microbial market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global agricultural microbial market is segmented - 1) By Type: Bacteria, Fungi, Virus, Other Types 2) By Formulation: Dry Formulation, Liquid Formulation 3) By Function: Crop Protection, Soil Amendment 4) By Mode Of Application: Soil Treatment, Foliar Spray, Seed Treatment 5) By Application: Cereals And Grains, Oilseeds And Pulses, Fruits And Vegetables, Turf And Ornamentals

The commercial seeds market consists of sales of commercial seeds by entities (organizations, sole traders, and partnerships) that are the seeds sown for production of an intended crop or used as animal feed. Commercial seeds are hybrid seeds sold for the purposes other than for production of propagating material. These commercial seeds are divided into two types, conventional seeds and genetically modified seeds. Corn, soybean, vegetable, grains, cotton, rice, and canola are among the conventional seeds. Soybean, corn, cotton, and canola are the most common genetically modified seeds. The various products of commercial seeds are maize (corn), soybean, vegetable, cereals, cotton, rice, canola (rapeseed), and others products. The maize market consists of sales of commercial maize seeds by entities (organizations, sole traders, and partnerships) that refers to commercial seeds used for production of maize or corn. They are categorized based on their type into organic, inorganic, and genetically modified and they have different traits, which includes herbicide-tolerance, insect tolerance, and others. The global commercial seeds market size is expected to grow from $63.41 billion in 2021 to $68.50 billion in 2022 at a compound annual growth rate (CAGR) of 8.04%. The global commercial seeds market size is expected to reach $93.49 billion in 2026 at a CAGR of 8.08%. The growing demand for bio-fuels is expected to propel the growth of the commercial seeds market. Biofuel is a renewable, non-toxic, environmentally beneficial, and economically viable alternative to fossil fuels, which are rapidly decreasing and have a significant environmental impact. Commercial seeds are extensively used in the production agricultural products, which are further used in processing of biofuels. Vegetable oil methyl esters, produced by transesterification of high-quality vegetable oil by methanol, are currently the most widely used type of bio-fuel. According to the US Energy Information Administration (EIA), an agency of the U.S. Federal Statistical System the biofuel output in the United States would expand until 2050. The amount of biofuel generated in 2050 would be 18% higher than the 6.5 billion liters produced in 2019. Therefore, escalating demand for biodiesel fuels is driving the growth of commercial seeds. Strategic collaborations between companies are a key trend gaining popularity in the commercial seeds market. Companies producing commercial seeds are undergoing partnerships and collaboration to expand their business reach in fast-growing regions or countries in commercial seeds sector. For instance, in June 2019, BASF, a German multinational chemical company, and Euralis Semences a leading seeds company in France entered into a distribution agreement. The partnership will enable BASF to enter the sunflower seed market. The agreement's purpose is to evaluate and market a pipeline of new sunflower hybrids, providing a more comprehensive portfolio of agricultural solutions to sunflower growers across Europe. In August 2020, Syngenta seeds, a Switzerland based company that provides seeds and crop protection products acquired Sensako for an undisclosed amount. The acquisition will enable Syngenta Seeds to enter into the South African wheat, corn, and sunflower seed markets, which will establish the groundwork for future growth. Sensako is a South African-based breeder of seeds. Major players in the commercial seeds market are Syngenta International AG, Bayer AG, Corteva Inc., Vilmorin & Cie SA, Land O'Lakes Inc., Sakata Seed, Rijk Zwaan Zaadteelt en Zaadhandel B.V., Hyland Seeds, MTI, Triumph Seed, Neseed, Limagrain, KWS, DLF, and Takii Seed. North America was the largest region in the commercial seeds market in 2021. Asia Pacific is expected to be the fastest-growing region in the global commercial seeds market size during the forecast period. The regions covered in the global commercial seeds market size report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the commercial seeds market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global commercial seeds market is segmented - 1) By Products: Maize (Corn), Soybean, Vegetable, Cereals, Cotton, Rice, Canola (Rapeseed), Others Products 2) By Seed Type: Organic, Inorganic, Genetically Modified 3) By Trait: Herbicide-Tolerance, Insect Tolerance, Others

The hybrid seeds market consists of sales of hybrid seeds by entities (organizations, sole traders, and partnerships) that are developed artificially by crossing two or more plants of different species. Hybrid seeds are used in modern farming to produce plants that give high yields and disease-resistant plant crops. They are extensively used in growing fruits and vegetables with desired features such as better flavor and higher nutritional content. The main types of crops in hybrid seeds are cereals and grains, oilseeds and pulses, vegetables, and others. Cereal and grains are the seeds that grow from grasses such as wheat, millet, rice, barley, oats, rye, triticale, sorghum, and maize (corn). The different crops include corn, rice, soybean, cotton, tomato, and others and involve various cultivation types such as open field cultivation, and protected cultivation. The global hybrid seeds market size is expected to grow from $39.58 billion in 2021 to $43.97 billion in 2022 at a compound annual growth rate (CAGR) of 11.1%. The global hybrid seed market size is expected to grow to $62.25 billion in 2026 at a CAGR of 9.1%. The rise in demand for fruits and vegetables is expected to propel the growth of the hybrid seeds market going forward. With the change in dietary habits globally, the demand for fresh and frozen vegetables has been increasing. Customers have become more conscious about what to consume to better their health and overall wellness. Hybrid seeds are easier to nurture and create plants that produce bigger fruits. For instance, according to the Indian Brand Equity Foundation, the total production of fruit and vegetable processing will increase to 25% by 2025. In addition, according to the National Horticulture Board, from 2019-to 2020, India had produced 99.07 million metric tonnes of fruits and 191.77 million metric tonnes of vegetables. The field under cultivation of fruits stood at 6.66 million hectares while vegetables were cultivated at 10.35 million hectares. Therefore, the increase in the demand for fruits and vegetables is driving the growth of the hybrid seeds market. New product innovations have emerged as a key trend gaining popularity in the hybrid seeds market. The key players in the market are more focusing on innovations to maintain their products in the market as there is increased demand for food products. For instance, Bayer, a Germany-based pharmaceutical and life sciences company, introduced four new varieties of Seminis vegetable seeds, including ‘Anshuman’ in tomato, ‘SVHA9093’ in hot pepper, and ‘Bazlet’ in cucumber, and ‘Himgauri’ in cauliflower. These are innovative next-generation hybrids from Bayer focused on the changes in consumer tastes and preferences. In June 2019, KWS Saat, a Germany-based company focused on plant breeding and seeds in customer and enterprise markets acquired Pop Vriend Seeds BV for an undisclosed amount. With this acquisition, the company aims to develop a strong foothold in the hybrid and vegetable seeds growing business. Pop Vriend Seeds is a Netherlands-based hybrid seeds company specializing in spinach seeds. Major players in the hybrid seeds market are Bayer CropScience, Corteva Agriscience, Syngenta, Limagrain, KWS SAAT SE & Co. KGaA, Sakata seed, DLF, Longping High-tech, Euralis Semences, Advanta, Ajeet Seeds, InVivo, Bostadt India Limited, China National Seed Group, Rasi Seeds, Rallis India, Takii & Co. Ltd., Groupe Limagrain, JK Agri Genetics Limited, BASF SE, VNR Seeds, and East West Seeds India Pvt Ltd. North America was the largest region in the hybrid seeds market in 2021. Asia-Pacific is expected to be the fastest growing region in the global hybrid seeds market during the forecast period. The regions covered in the global hybrid seed market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the global hybrid seeds market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global hybrid seeds market is segmented - 1) By Crop Type: Cereals and Grains, Oilseeds and Pulses, Vegetables, Others 2) By Key Crop: Corn, Rice, Soybean, Cotton, Tomato, Others 3) By Cultivation Type: Open Field Cultivation, Protected Cultivation