Commercial Seeds Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Commercial Seeds Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Report Format: PDF+Excel | Report ID: SR112023A4077
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Market Overview:

The global commercial seeds market reached a value of US$ 63.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 98.6 Billion by 2027, exhibiting a CAGR of 7.64% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Commercial seeds are used to reduce soil erosion on cropland; improve the productivity of pasture and grazing lands; and protect, create and restore wetlands. They are widely utilized as animal feed to enhance the volume and quality of crops and hay production, grazing, and cover cropping. Besides this, they find application as a raw material in the production of biodiesel fuels. Presently, the escalating demand for biodiesel fuels due to increasing environmental concerns and stringent fuel emission standards implemented by governing agencies of numerous countries is offering lucrative market opportunities.

 

 
 

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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Commercial Seeds Market Trends:

The growing global population and consequently declining arable land are increasing food insecurity concerns worldwide. This represents one of the key factors positively influencing the demand for commercial seeds to maximize crop yield. Moreover, governing agencies of numerous countries are supporting the adoption of sustainable farming practices through various incentives, which, in turn, is escalating the demand for organic, non-genetically modified organisms (GMO) commercial seeds. Apart from this, several manufacturers are offering hybrid seeds that have great vigor, uniformity, and yield potential. Additionally, the emerging global energy demand, the escalating need for clean and renewable fuel sources, and the thriving automotive industry are some of the factors catalyzing the demand for biofuel. This, in turn, is bolstering the growth of the market. Furthermore, several leading companies are investing in research and development (R&D) facilities to improve yield, performance, and disease and pest resistance of commercial seeds.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global commercial seeds market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on conventional seeds and genetically modified seeds.

Breakup by Conventional Seeds:

 

 
 

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  • Maize
  • Soybean
  • Vegetable
  • Cereals
  • Cotton
  • Rice
  • Canola
  • Others
     

Breakup by Genetically Modified Seeds:

  • Soybean
  • Maize
  • Cotton
  • Canola
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Bayer AG, Corteva Inc., DLF Seeds A/S, KWS SAAT SE & Co. KGaA, Land O'Lakes Inc., Rijk Zwaan Zaadteelt en Zaadhandel B.V., Sakata Seed South Africa, Syngenta Group (ChemChina), Takii & Co. Ltd. and Vilmorin & Cie (Groupe Limagrain).

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Conventional Seeds, Genetically Modified Seeds, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Bayer AG, Corteva Inc., DLF Seeds A/S, KWS SAAT SE & Co. KGaA, Land O'Lakes Inc., Rijk Zwaan Zaadteelt en Zaadhandel B.V., Sakata Seed South Africa, Syngenta Group (ChemChina), Takii & Co. Ltd. and Vilmorin & Cie (Groupe Limagrain)
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the global commercial seeds market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global commercial seeds market?
  • What are the key regional markets?
  • What is the breakup of the market based on the conventional seeds?
  • What is the breakup of the market based on the genetically modified seeds?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global commercial seeds market and who are the key players?
  • What is the degree of competition in the industry?

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Commercial Seeds Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
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