Seeds Market Forecasts to 2032 - Global Analysis By Type (Genetically Modified (GM) Seed and Conventional Seed), Crop Type (Cereals & Grains, Oilseeds, Fruit & Vegetable Crops and Other Crops), Availability, Seed Treatment, Seed Trait and By Geography

According to Stratistics MRC, the Global Seeds Market is accounted for $78.8 billion in 2025 and is expected to reach $129.1 billion by 2032 growing at a CAGR of 7.3% during the forecast period. Seeds are the reproductive units of plants, capable of developing into new plants under suitable conditions. They consist of three main parts: the embryo, which is the young plant; the endosperm, a nutrient-rich tissue that feeds the embryo; and the seed coat, which protects the seed from damage and dehydration. Seeds are produced through the process of pollination and fertilization in flowering plants. Once mature, seeds are dispersed by various mechanisms such as wind, water, and animals. They play a crucial role in the continuation of plant species and contribute to biodiversity, food, and ecosystem balance.

According to a survey by the Food and Agriculture Organization (FAO), increasing production in nations like the US, Canada, India, and China would cause cereal production to rise at an extraordinarily rapid rate of approx. 12% by 2030.

Market Dynamics:

Driver:

Population Growth and Food Demand

Population increase and rising food consumption are significant drivers of the seeds market. Farmers are being forced to use higher-yielding and genetically modified seeds as the world's population grows and the demand for more food production increases. Innovations in seed technology and agricultural methods are a result of this demand for seeds, particularly those that are resistant to diseases and climate change. Urbanization and changing dietary habits also lead to a variety of crop requirements, which further broadens the seed industry to address issues with global food security.

Restraint:

High Cost of Quality Seeds

The high cost of excellent seeds poses a substantial barrier in the seed market, limiting access for small-scale farmers and raising production costs. This reduces agricultural output because farmers might use inferior, less expensive seeds, which would result in lower crop yields and subpar harvests. As a result, it worsens wealth inequality, deters farming investment, and jeopardizes food security, especially in emerging nations.

Opportunity:

Technological Advancements

Technological breakthroughs are drastically changing the seeds market by allowing for the generation of high-yielding, disease-resistant, and climate-adaptable seeds. Crop sustainability and production have increased due to advancements in seed treatment technologies, precision agriculture, and genetic engineering. Drones and sensors are examples of smart agricultural instruments that improve efficiency by enabling better seed placement and monitoring. These developments meet the rising need for food around the world, which encourages more money to be spent on research and propels the market for seeds to expand.

Threat:

Regulatory Challenges

Regulatory challenges in the seed market can significantly hinder growth by imposing strict rules on seed production, distribution, and use. These regulations may limit market access for new products, delay approval processes, and increase compliance costs for companies. Inconsistent regulations across regions can also create barriers to international trade, restricting innovation and limiting the availability of high-quality seeds, ultimately affecting farmers' productivity and market competitiveness.

Covid-19 Impact

The COVID-19 pandemic significantly disrupted the seeds market, causing supply chain delays, production halts, and a shortage of labor. Lockdowns and restrictions hindered distribution, affecting both local and global trade. As agricultural activities slowed, demand for seeds fluctuated, with some regions facing scarcity while others saw a rise in demand due to increased home gardening. Overall, the pandemic highlighted the vulnerability of the agricultural supply chain.

The untreated segment is expected to be the largest during the forecast period

The untreated segment is expected to account for the largest market share during the forecast period, because these seeds appeal to people who want to lower production expenses because they are frequently devoid of costly treatments. They make farming operations more flexible, particularly in areas where certain soil conditions or natural pest management can be used. Additionally, untreated seeds meet the needs of sustainable and organic farming, which propels market expansion and innovation in seed technology.

The insecticide resistant segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the insecticide resistant segment is predicted to witness the highest growth rate, as pests become more resistant to traditional insecticides, there is a growing demand for seeds that possess inherent resistance to these pests. This stimulates research into genetically modified or naturally resistant seed varieties, promoting sustainable agricultural practices. Additionally, such seeds help reduce reliance on chemical pesticides, improving crop yields and farmer profitability while fostering environmental sustainability. This trend is creating new growth opportunities in the seed industry.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share due to driving growth in food production and enhancing sustainability. With increasing demand for high-yielding, pest-resistant, and climate-adaptive crops, the market fosters innovation in seed technologies. It supports the livelihoods of millions of farmers, boosts rural economies, and promotes food security. Additionally, the shift toward organic and hybrid seeds contributes to more sustainable farming practices, reducing environmental footprints while increasing productivity in the region.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, owing to growing interest in crop diversification and sustainable agriculture. The market is changing quickly because to new seed technologies, climate-resilient crops, and an increased emphasis on food security. To improve seed quality, production, and disease and insect resistance, businesses are spending money on research and development. The demand for resource efficiency and the increasing popularity of organic farming are also fueling this market's beneficial and stimulating effects in the area.

Key players in the market

Some of the key players profiled in the Seeds Market include Bayer AG, Corteva Agriscience, Syngenta Group, BASF SE, KWS SAAT SE & Co. KGaA, Sakata Seed Corporation, Rijk Zwaan, Groupe Limagrain, DLF Seeds A/S, Takii & Co., Ltd., Enza Zaden, East-West Seed, UPL Limited, Bejo Zaden B.V., Vilmorin & Cie,Florimond Desprez, Bio Co., Ltd. and Yuan Longping High-Tech Agriculture Co., Ltd.

Key Developments:

In October 2024, BASF made a strategic partnership with Aspen Aerogels to enhance its aerogel product offerings and expand its market reach. This partnership is set to drive innovation in aerogel technologies, particularly in high-performance insulation materials.

In July 2024, BASF launched Haptex 4.0, an innovative polyurethane solution for the production of synthetic leather that is 100% recyclable. Synthetic leather made with Haptex 4.0 and polyethylene terephthalate (PET) fabric can be recycled together using an innovative formulation and recycling technical pathway without the need of layer peel-off process.

In July 2024, BASF successfully commissioned a pilot plant dedicated to producing SLENTITE(R), a cutting-edge polyurethane-based aerogel insulation panel. This innovative product is designed to meet the increasing demand for efficient thermal insulation in construction, offering a unique combination of lightweight characteristics and mechanical strength.

Types Covered:

• Genetically Modified (GM) Seed
• Conventional Seed

Crop Types Covered:

• Cereals & Grains
• Oilseeds
• Fruit & Vegetable Crops
• Other Crops

Availabilities Covered:

• Commercial Seeds
• Saved Seeds

Seed Treatments Covered:

• Treated
• Untreated

Seed Traits Covered:

• Herbicide Tolerant
• Insecticide Resistant
• Other Stacked Traits

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances