Seeds Market to grow by USD 29.53 billion between 2024-2028
According to a research report “ Seeds Market” by Product (Conventional seeds, GM seeds) Type (Grain seeds and oil seeds, Fruits and vegetable seeds, Others) Geography (APAC, North America, Europe, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 29.53 billion at a CAGR of over 6.75% during the forecast period. In the dynamic business landscape of the Seeds Market, growth is driven by innovation and efficiency. Key players invest in research and development to produce high-yielding, disease-resistant varieties, catering to diverse agricultural needs. Strategic partnerships and mergers & acquisitions expand market reach and strengthen competitive positions. Regulatory compliance and sustainable farming practices are essential to maintain industry credibility and consumer trust..
Browse market data tables, figures, and in-depth TOC on “Seeds Market” by Product (Conventional seeds, GM seeds) Type (Grain seeds and oil seeds, Fruits and vegetable seeds, Others) Geography (APAC, North America, Europe, South America, Middle East and Africa) Global Forecast to 2028.
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By Product, the Conventional seeds segment is projected to dominate the market size in 2024.
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By Type, Grain seeds and oil seeds segment is expected to hold the largest market size for the year 2024.
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APAC is forecasted to hold the largest market size by region in 2024.
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The Seeds Market t growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
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Research Analysis Overview
The seeds market encompasses a wide range of plant species, with a significant focus on Angiosperms, or flowering plants. Genetic diversity plays a crucial role in this market, as farmers continually seek new plant technologies to improve crop yields and enhance nutritional value. Seeds for organic products and non-transgenic hybrid varieties are in high demand, particularly in the context of cotton production. The global seed market is a dynamic and evolving industry, with ongoing research and development leading to the creation of improved seed varieties. Reproductive structures and embryonic plant structures are essential components of seed production. New plant technologies, such as genetic engineering, are being employed to create seeds with enhanced nutritional value and improved yields. The seed market also extends to the animal feed industry, with oilseed meals derived from refined oilseeds playing a key role. Farmers rely on a diverse range of seed types to meet the demands of various crops and markets. The use of open-pollinated varieties and hybrids continues to shape the seeds market, with each offering unique advantages in terms of yield and adaptability.
Market Research Overview
The Seeds Market encompasses a wide range of offerings, including untreated and treated seeds, seed treatment, and saved seeds. These seeds vary in traits such as insecticide-resistance and herbicide-tolerance, collectively referred to as Stacked Traits. The market caters to diverse plant species, including Turf Grasses, Flower Seeds, and major crops like Pepper, Brassica, Lemons, Tomatoes, Fruits and vegetables, Cereals and grains, and Oilseeds. Seeds play a crucial role in agriculture, providing health benefits and nutrition through Nutrient-rich crops and Functional crops. However, they are susceptible to pathogens and plant diseases, necessitating Disease-resistant seed varieties. Seeds are also influenced by soil conditions, weather, and climate, including subtropical and temperate regions. The global seed market is driven by factors such as reduction of weeds, improved open-pollinated varieties, and advanced seed technologies. The market also includes conventional and commercial seeds, as well as spurious hybrid seeds, counterfeit labels, and falsified seeds. Gene selection process, phenotypic plasticity, and environmental influences are essential considerations in the seed industry. Seeds are integral to food security and overall plant health, with applications in food-related applications, genetic engineering techniques, and biotechnology. The market for seeds is expected to grow, driven by the demand for high-performance seeds, improved seed varieties, and enhanced nutritional value.
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