The seeds market has seen considerable growth due to a variety of factors.
• The market size for seeds has experienced robust expansion in the past few years. It is projected to surge from $66.41 billion in 2024 to $70.94 billion in 2025, showcasing a compound annual growth rate (CAGR) of 6.8%.
A rise in global population, government policies, reduction in agricultural lands, and heightened demand for livestock fodder have contributed to this growth during the historical period.
The seeds market is expected to maintain its strong growth trajectory in upcoming years.
• Projections indicate substantial advancement in the seeds market in the forthcoming years, with estimations reaching $94.98 billion by 2029, demonstrating a compound annual growth rate (CAGR) of 7.6%.
Factors contributing to the growth expected in this period include rising global population, initiatives to ensure food security, heightened demand for biofuels, and inclinations towards vegan diets. Forward-looking trends for this timeframe encompass utilizing artificial intelligence to propel innovation, accentuating biological seed treatments, focusing on partnerships and collaborations to fortify market standing, and investment in innovative seed treatment technologies to enhance yield and productivity.
The anticipated growth in the seeds market is likely attributed to the rising demand for biofuel produced from genetically modified crops during the projected period. Genetically modified (GM) plants are being touted as a novel alternative for biofuel production due to their potential for higher yield or superior quality feedstock. As nations gradually transition from fossil fuels to eco-friendlier modes of transportation, biofuels' popularity is expected to rise, thereby bolstering the demand for GM crops in the projection period. The revamped Renewable Energy Directive (REDII) in Europe in 2021, which establishes the EU policy framework until 2030, is also anticipated to bolster the biofuel market, thereby propelling 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
Key seed market players are prioritizing cutting-edge technology such as TYMIRIUM, with the intention of increasing crop robustness, enhancing yield potential, and maximizing resource efficiency within farming procedures. TyMIRIUM, an exclusive seed treatment technique, aims to boost crop resilience and augment yield potential by safeguarding seeds from different environmental challenges and pathogens. For example, in May 2022, Syngenta, a technology company for agriculture based in Switzerland, introduced VICTRATO that employs TYMIRIUM technology, a novel active ingredient specially designed to tackle nematodes and crucial soil-borne diseases.
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
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.