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Report Overview
The Germany seeds market reached a value of approximately USD 1.74 billion in 2023. The market is projected to grow at a CAGR of 4.30% between 2024 and 2032, reaching a value of around USD 2.54 billion by 2032.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
- As per industry reports, Germany’s seed potato exports accounted for a total value of USD 62,135.65 in 2023 with major exports to the Netherlands, Austria, Egypt, Arab Republic, Poland, and the Russian Federation.
- In April 2024, Bayer AG signed an agreement with AlphaBio control to obtain a license for a biological insecticide for arable crops, which is set to launch in 2028.
- In June 2024, Germany increased its export of sowing seeds to Kyrgyzstan by 1.7 times, showcasing a significant surge.
Germany Seeds Market Growth
The growing environmental concerns, increasing seed exports, a rise in demand for high-quality food products and specialty seeds, the emergence of online seed stores, and technological innovations in the seed manufacturing and treatment sector are some of the key factors driving the growth of Germany seeds market.
Due to the growing need for food security, constant developments are being made in seed technology to achieve maximum yield potential and preserve soil health. For instance, In March 2024, Protealis- a leading seed company, registered four new soybean seed varieties in Germany namely- PRO Jacinto, PRO Vesuvio, PRO Taranaki, and PRO Helicon to expand its agricultural portfolio in the European market. This aligns with the company’s mission to develop sustainable plant-based proteins and commercialize legume crops that are highly adaptive to cold European climates.
As per Germany seeds industry analysis, the increasing cost of fertilizers and pesticides has fueled the demand for viable alternatives to traditional farming practices, which has led to the development of innovative seed treatment solutions to improve quality and performance while conserving the ecosystem. For instance, Humintech- a German biotech company has developed biostimulants for seed treatment and soil conditioning such as HUMINSEED® Liquid and LIQHUMUS® Liquid 18 respectively.
Germany Seeds Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 1.74 billion.
The Germany seeds market is estimated to grow at a CAGR of 4.30% between 2024 and 2032.
The Germany seeds market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach a value of USD 2.54 billion by 2032.
The major drivers are rising demands for premium quality food products, growing demand from food and non-food sectors in developing countries, and increasing population.
The key trends of the seeds market in Germany include a rise in sustainable farming, growing shift towards biofuels globally and the rising adoption of genetically modified (GM) seeds.
Based on trait, the market is mainly divided into herbicide tolerance and insect resistance, among others.
Based on type, the market is segmented into conventional and genetically modified seeds.
BASF SE, Syngenta AG, Corteva Inc., Bayer AG, Groupe Limagrain Holding, KWS SAAT SE & Co. KGaA, Rijk Zwaan Zaadteelt en Zaadhandel B.V., Enza Zaden Beheer B.V., among others are the key players in the market.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124