Seeds Market to Reach $94.23 Billion by 2029 at 6.2% CAGR

 This report provides practical insights for business leaders looking to understand market growth, size, and key trends in the seeds industry.

 

 What Is The Projected Market Size & Growth Rate Of The Seeds Market?
 The seeds market size has grown strongly in recent years. It will grow from $70.28 billion in 2024 to $74.12 billion in 2025 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to growth in world population, government initiatives, decreasing farmlands areas and increasing demand for animal feed.
 
 The seeds market size is expected to see strong growth in the next few years. It will grow to $94.23 billion in 2029 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to global population growth, food security initiatives, increase in biofuel demand and shift towards vegan eating. Major trends in the forecast period include leveraging AI to drive innovations, focus on biological seed treatments, focus on partnerships and collaborations to strengthen market position and invest in novel seed treatment technologies for higher yields and better productivity.
 
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 What Is The Crucial Factor Driving The Global Seeds Market?
 The seeds market is expected to be supported by the growing demand for biofuel manufactured through genetically modified crops in the forecast period. Genetically modified (GM) plants have been promoted as a new option for biofuel production as they promise a higher yield or higher quality feedstock. As countries slowly shift from fossil fuels to more eco-friendly means of transportation, biofuels are expected to increasingly gain popularity, thus supporting the demand for GM crops in the forecast period. For instance, the revised Renewable Energy Directive (REDII) in Europe of 2021, setting the EU policy framework until 2030, is expected to support the market for biofuels, thus driving the seeds market.
 
 Segment Covered In The Seeds Market Report
 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 Trends Driving Growth In The Seeds Market
 Major companies operating in the seeds market are focused on new technologies, such as TYMIRIUM, to enhance crop resilience, improve yield potential, and optimize resource efficiency in agricultural practices.TyMIRIUM is a proprietary seed treatment technology designed to enhance crop resilience and improve yield potential by protecting seeds from various environmental stresses and pathogens. For instance, in May 2022, Syngenta, a Switzerland-based agricultural technology company, launched VICTRATO, which utilizes TYMIRIUM technology, which is a new active ingredient specifically formulated to target nematodes and key soil-borne diseases. 
 
 Key Player In The Seeds Market
 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 
 
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 Global Seeds Market — Regional Insights:
 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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