Global Seed Market Size to Surpass USD 148.00 Billion at a CAGR of 7% Growth By 2034

07-May-2025 | Zion Market Research

According to the report, the global seed market size was valued at approximately USD 75.23 billion in 2024 and is predicted to reach around USD 148.00 billion by the end of 2034, expanding at a CAGR of around 7% from 2025 to 2034. A seed is a tiny, developing plant that is important to the growth and reproduction of plants. The plant uses seeds for a variety of purposes, including reproduction, germination, feeding the embryo, and dormancy in unfavorable weather.

The global seed market is expanding significantly. The necessity to enhance agricultural productivity as a result of the growing population is a significant factor driving this rise. The usage of biofuels is another important factor driving growth. Future market growth is anticipated to be driven by the use of corn for biofuels. The seed market is seeing increased demand as a result of rising demand for soybean and maize as fodder feed. Due to technological improvements, the market for genetically modified seeds has enormous growth potential.

Untapped areas and emerging markets provide the global seed industry with new growth prospects due to their high growth potential. However, certain factors restraining the growth of the seed market include patent laws that protect genetically modified seeds, making entry into the market difficult for new companies, safety hazards associated with the consumption of genetically modified seeds, and stringent government rules on the consumption of genetically modified crops.

Global Seed Market

The global seed market is segmented based on type, crop type, treatment, trait, and region.

Based on Type, the global seed market is divided into genetically modified (GM) and conventional. On the basis of Crop Type, the global seed market is bifurcated into cereals & grains (corn, wheat, rice), oilseeds & pulses (soybean, canola), fruits & vegetables, and others. By Treatment, the global seed market is split into treated and untreated. In terms of Trait, the global seed market is categorized into herbicide-tolerant, insect-resistant, and others.

North America is the leading region in the seed market globally. Genetically modified seeds are expected to be the leading segment in North America, which is contributing to the growth of this region. Growth in North America is closely followed by Asia Pacific and Europe. Extensive growth is predicted from the Asia Pacific region owing to the high consumption rate of commercial seeds in this region. In addition, other factors influencing the growth in Asia-Pacific are the growing population and support provided by the government and national & international associations to increase agricultural production. Countries such as India, Japan, China, and Australia are the major seed markets in the Asia Pacific region.

This review is based on a report by Zion Market Research, titled Seed Market By Type (Genetically Modified (GM) and Conventional), By Crop Type (Cereals & Grains (Corn, Wheat, Rice), Oilseeds & Pulses (Soybean, Canola), Fruits & Vegetables, and Others), By Treatment (Treated and Untreated), By Trait (Herbicide-tolerant, Insect-resistant, and Others), and By Region: Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034”- Report at https://www.zionmarketresearch.com/report/seed-market

Recent Development:

In September 2021, Bayer announced that it would add organically produced seeds to its variety of vegetable seeds under the new Vegetables by Bayer brand. The launch will center on the production of three essential greenhouse and glasshouse crops—tomato, sweet pepper, and cucumber—that are certified organic. In 2023, tomato rootstock variants will come next. Varieties will be offered for sale under the vegetable seed labels Seminis and De Ruiter.

The global seed market is dominated by players like:

  • Monsanto Co.
  • Syngenta Int. AG
  • Bayer CropScience AG
  • Vilmorin & Cie SA
  • Dow AgroSciences
  • KWS SAAT AG
  • Sakata Seed Corp.
  • Takii & Co. Ltd.
  • AgReliant Genetics LLC
  • DLF-Trifolium
  • Groupe Limagrain
  • Land O’Lakes Inc.
  • Rallis India Limited
  • E. I. du Pont de Nemours and Company

The global seed market is segmented as follows;

By Type

  • Genetically Modified (GM)
  • Conventional

By Crop Type

  • Cereals & Grains (Corn
  • Wheat
  • Rice)
  • Oilseeds & Pulses (Soybean
  • Canola)
  • Fruits & Vegetables
  • Others

By Treatment

  • Treated
  • Untreated

By Trait

  • Herbicide-tolerant
  • Insect-resistant
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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