Global Commercial Seeds Market Report and Forecast 2024-2032

Global Commercial Seeds Market Outlook

The global commercial seeds market size is estimated to grow at a CAGR of 7.50% in the forecast period of 2024-2032.

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Increased Dependence on Conventional Seeds to Propel the Market for Commercial Seeds

Based on type, the increasing dependence of farmers on conventional seeds is driving the market growth of commercial seeds. The exceptional characteristics of conventional seeds, such as high yields, pests and disease resistance, and the ability to stand up to climate anomalies like drought, are leading to the market expansion of commercial seeds. 

With the limited availability of organic seeds that meet stringent organic standards, farmers are increasingly using conventional and non-genetically modified seeds. Additionally, the non-GMO conventional seeds are cost-effective when compared to organic seeds. 

The decreasing arable land is resulting in the rising inclination towards conventional seeds for conventional farming as they require 30 percent less land when compared to organic farming. This is also leading to the reduced use of pesticides and fertilisers, thereby bolstering the commercial seeds market growth. Further, the integration of sustainable practices that improve environmental performance in conventional farm operations is likely to aid the market over the forecast period.

Market Segmentation

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Commercial seeds are utilised by farmers to produce an intended crop. The use of commercial seeds increases the productivity of crops, offers disease and pest resistance, and facilitates the production of superior quality yields. They improve the productivity of pasture and grazing lands and are also used to produce plant materials for biodiesel fuels.

The market for commercial seeds, by type, is bifurcated into:

• Genetically Modified Seeds

• Conventional Seeds

Based on crop-type, the market is segmented into:

• Cereals

• Oilseeds

• Fruits and Vegetables

• Others

The regional markets for commercial seeds can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Rising Need for Food Security to Drive the Market Growth of Commercial Seeds

The growing adoption of commercial seeds like genetically modified seeds amid the increasing food demands from the expanding population, and the scarcity of natural resources like land and water are contributing to the commercial seeds market expansion. The utilisation of genetically modified seeds leads to improved soil productivity, enhanced natural weed and pest control, and disease resistance. 

The use of commercial seeds to produce cereal fodders like maize, sorghum, pearl millet, and oats, among others, is significantly increasing. Moreover, commercial seeds are increasingly used to improve the productivity of pasture and grazing lands owing to the growing demand for energy-rich feeds for livestock. 

The demand for biofuel crops for fuel production is increasing as a result of the rising environmental consciousness, thereby invigorating the market expansion. Additionally, the introduction of government initiatives to ensure that crops grown through genetic engineering are safe for people, animals, and the environment is providing impetus to the commercial seeds market development. Advancements in genetic engineering and the strong presence of market players are expected to augment the market over the forecast period.

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Key Players in the Global Market for Commercial Seeds

The report gives a detailed analysis of the following key players in the global commercial seeds market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Bayer CropScience

• Syngenta AG

• Sakata Seed Corporation

• KWS SAAT SE & Co. KGaA

• Corteva Inc.

• DLF Seeds A/S

• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report

Commercial Seeds Market Report Snapshots

Commercial Seeds Market Size

Commercial Seeds Market Growth

Commercial Seeds Companies