The Global Market for Seeds is Projected to Exceed $130 Billion by 2022

Exponential Increase in Food Demand Amidst Climate Change and Limited Resources Drive the Seeds Market, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Seeds market. The global market for Seeds is projected to exceed $130 billion by 2022, driven by steady penetration of genetically modified (GM) seeds, and the exponential increase in food demand from the expanding global population amidst decreasing arable land.

Seeds represent the most critical production resource in the agriculture-food value chain. Human survival on this planet needs seeds, as much as it needs air and water. The vitality of earth is sustained by seeds as it is only seeds that have the regenerative capacity. The adaptability and resilience of natural seeds is required to be preserved and enhanced especially, at a time when global temperatures are rising. Over the years and helped by technological advancements in the area, the humble seeds used for initiating crops, transformed into the most critical input for enhancing crop production and helping the agriculture industry adapt to weather change patterns and meeting newer demands from growers. Primary factor driving market growth in the overall seeds market include the incessant need for feeding the growing world population amidst climatic changes that will further add to the pressure of availability of land, water and biodiversity.

Healthy growth is projected for the market in the coming years driven by improvement in seed quality; increased penetration of high-performing hybrid and genetically-engineered (GM) seeds globally; the increasing prominence of sophisticated management and logistics in the seed industry; growing interest towards technology-driven crops; steady progress in the development of drought tolerant seed varieties and stacked seeds that can tolerate pests, weeds and other diseases; surge in home gardening to combat food safety issues, and improving infrastructure, among others. Another major factor contributing to the rise in seed sales, particularly oilseed and corn crops, is the growing popularity of biofuels as part of several countries’ alternative fuel source developmental strategies. Other major factors that would continue to positively influence seeds market in the coming years include continued enhancement in SRR or seed replacement rate; growing demand for seeds for increasing animal feed production; and rising popularity of organic seeds supported by myriad benefits of organic farming.

As stated by the new market research report on Seeds, Asia-Pacific represents the largest and the fastest growing market worldwide with a CAGR of 11.8% over the analysis period. Major factors driving market growth in the region include presence of countries with high and growing populations generating high demand for food products, increasing adoption of modern farming methods that are technologically-driven for achieving higher productivity, robust demand for GM rice, and relentless investments in plant biotechnology research. Grains and cereals represent the largest market segment, while oilseeds are projected to showcase the fastest growth in the coming years.

Key players covered in the market include AgReliant Genetics LLC, Bayer AG, Bejo Zaden B.V, Canterra Seeds, China National Seed Group Corporation, DLF, DLF Pickseed USA, Dow AgroSciences LLC, DuPont Pioneer, East West Seed Company, Enza Zaden, Gansu Dunhuang Seed Co. Ltd.,  Groupe Limagrain Holding SA, Hefei Fengle Seed Co. Ltd., Hunan Xiangyan Seed Industry Co. Ltd., Krishidhan Seeds Private Ltd., KWS SAAT SE, Land O'Lakes Inc., Lantmännen SW Seed AB, Mahyco, Monsanto Company, Mycogen Seeds, Nuziveedu Seeds Ltd., Rasi Seeds (P) Ltd., Rijk Zwaan Zaadteelt en Zaadhandel B.V., Sakata Seed Corp., Seminis Inc., Syngenta AG, Takii & Company Limited, The Scotts Miracle-Gro Company, UPL Limited and Vilmorin & Cie.

The research report titled “Seeds: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, growth drivers, issues, challenges, mergers, acquisitions, and other strategic industry activities of major players worldwide. The report provides market estimates and projections in dollars for all major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America), and Rest of World. Major seed types analyzed in the report include Grain Seeds, Vegetable Seeds, Oilseeds, Horticulture Seeds (Flower Seeds, and Lawn/Grass Seeds), Fruit Seeds, and Other Seeds.

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