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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 Share
Based on region, the market is mainly divided into North Rhine-Westphalia, Bavaria, and Baden-Württemberg. North Rhine-Westphalia holds major significance as 50% of its area is used for agricultural practices while 20% of its total agricultural output is generated by horticulture which involves the growing of plants for consumption and aesthetic gratification. This drives the demand for high-quality seeds in the region. On the other hand, Bavaria has the largest share of organic farms with an area of 3,85,000 hectares. Their number is witnessing an upsurge along with the demand for organic seeds and other resources. Baden-Württemberg has a diverse landscape, ranging from vineyards to vegetable farms, which makes it a hub for the production and distribution of a wide variety of seeds.
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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