Commercial Seeds Market Trends and Forecast
The future of the global commercial seeds market looks promising with opportunities in the direct selling and retail stores markets. The global commercial seeds market is expected to reach an estimated $42.3 billion by 2030 with a CAGR of 2.4% from 2024 to 2030. The major drivers for this market are technological advancements in biotechnology and genetic engineering, increasing food demand and population, and global shift towards sustainable agricultural practices.
• Lucintel forecasts that conventional seeds is expected to witness higher growth over the forecast period.
• Within this market, direct selling is expected to witness the higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Commercial Seeds Market
• United States – Monsanto launching drought-resistant maize seeds. Government supports biotech seed research with grants. Companies aim to enhance crop yields for sustainable agriculture.
• Brazil – Embrapa developing soybean seeds with higher pest resistance. Government targets increasing agricultural productivity. Companies focus on expanding seed technology in agriculture.
• India – Mahyco introducing hybrid cotton seeds for improved yield. Government promotes seed technology in agriculture to boost farmer income. Companies aim for sustainable agricultural practices.
• China – Syngenta launching genetically modified rice seeds with enhanced nutritional value. Government encourages biotech adoption for food security. Companies focus on innovation in seed technology for agricultural development.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Commercial Seeds Market by Segment
The study includes a forecast for the global commercial seeds market by type, application, and region.
Commercial Seeds Market by Type [Value from 2018 to 2030]:
• Conventional Seeds
• Genetically Modified Seeds
Commercial Seeds Market by Application [Value from 2018 to 2030]:
• Direct Selling
• Retail Stores
Commercial Seeds Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Commercial Seeds Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies commercial seeds companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the commercial seeds companies profiled in this report include-
• Hyland Seeds
• MTI
• Pfister Seeds
• Triumph Seed
• Bayer Cropscience
• Syngenta International
• Vilmorin & CIE
Recent Development in the Commercial Seeds Market
• Bayer CropScience: Introducing new hybrid seeds with enhanced disease resistance and higher yield potential, targeting improved agricultural productivity.
• Dow AgroSciences: Launching biotech seeds engineered for herbicide tolerance, aiming to optimize weed management and crop yield for farmers.
• DuPont Pioneer: Innovating in seed breeding to develop varieties with improved traits such as drought tolerance and nutritional content, focusing on sustainable agriculture solutions.
• Limagrain: Partnering with research institutions to develop climate-smart seeds adapted to changing environmental conditions, supporting resilient crop production worldwide.
Features of the Global Commercial Seeds Market
Market Size Estimates: Commercial seeds market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Commercial seeds market size by type, application, and region in terms of value ($B).
Regional Analysis: Commercial seeds market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the commercial seeds market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the commercial seeds market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the commercial seeds market size?
Answer: The global commercial seeds market is expected to reach an estimated $42.3 billion by 2030.
Q2. What is the growth forecast for commercial seeds market?
Answer: The global commercial seeds market is expected to grow with a CAGR of 2.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the commercial seeds market?
Answer: The major drivers for this market are technological advancements in biotechnology and genetic engineering, increasing food demand and population, and global shift towards sustainable agricultural practices.
Q4. What are the major segments for commercial seeds market?
Answer: The future of the global commercial seeds market looks promising with opportunities in the direct selling and retail stores markets.
Q5. Who are the key commercial seeds market companies?
Answer: Some of the key commercial seeds companies are as follows:
• Hyland Seeds
• MTI
• Pfister Seeds
• Triumph Seed
• Bayer Cropscience
• Syngenta International
• Vilmorin & CIE
Q6. Which commercial seeds market segment will be the largest in future?
Answer: Lucintel forecasts that conventional seeds is expected to witness higher growth over the forecast period.
Q7. In commercial seeds market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the commercial seeds market by type (conventional seeds and genetically modified seeds), application (direct selling and retail stores), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Commercial Seeds Market Market, Commercial Seeds Market Market Size, Commercial Seeds Market Market Growth, Commercial Seeds Market Market Analysis, Commercial Seeds Market Market Report, Commercial Seeds Market Market Share, Commercial Seeds Market Market Trends, Commercial Seeds Market Market Forecast, Commercial Seeds Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.