Commercial Seeds Market – Trends Forecast Till 2031

Market Snapshot

Market Overview

The global Commercial Seeds Market size was estimated at USD 85,630 million in 2024 and is projected to reach USD 154,535.4 million in 2031 at a CAGR of 8.8 % during the forecast period 2025-2031.

The commercial seeds market refers to the production and sale of seeds that are used for cultivating crops for commercial purposes, including agriculture, horticulture, and landscaping. These seeds are often genetically improved to ensure higher yields, disease resistance, and adaptability to various environmental conditions. As global populations continue to rise, the demand for food production is increasing, pushing the need for more efficient and productive seed varieties. Commercial seeds are critical for the agricultural industry, as they help farmers maximize crop outputs while minimizing resource inputs such as water and fertilizers.

The scope of the commercial seeds market is vast, covering a wide range of crop types, including cereals, oilseeds, fruits, vegetables, and forage crops. The market also extends to the sale of hybrid seeds, genetically modified (GM) seeds, and organic seeds. Key players in the market include seed producers, biotechnology firms, and agricultural companies that invest heavily in seed research and development to produce varieties that offer better yields, pest resistance, and environmental sustainability. The commercial seeds market is also influenced by regional demands and agricultural practices, with varying preferences for seed types based on local climate and soil conditions.

Several trends are influencing the commercial seeds market, one of the most prominent being the growing adoption of genetically modified seeds. These seeds are designed to resist pests, tolerate herbicides, and withstand environmental stresses, providing a significant advantage in increasing agricultural productivity. Additionally, there is an increasing shift toward sustainable farming practices, with a rising demand for organic seeds and non-GMO varieties. Technological advancements, such as precision agriculture and the use of data analytics in seed selection, are also transforming the industry. Furthermore, climate change and the need for drought-resistant and heat-tolerant crops are prompting innovation in seed development to address emerging agricultural challenges.

The primary drivers of the commercial seeds market include the rising global population and the corresponding need for higher agricultural output. Economic growth in developing regions is increasing the demand for food production, thereby driving the market for commercial seeds. Additionally, government policies promoting agricultural development and food security, along with the growing demand for biofortified seeds that offer enhanced nutritional value, are key factors fueling the market’s growth. The increasing focus on sustainability and climate-resilient crops is also contributing to the expansion of the market, as farmers seek seeds that can withstand adverse weather conditions and provide consistent yields.

Delvens Industry Expert's Standpoint

Experts in the Commercial Seeds Market highlight several key trends driving growth and innovation. The commercial seeds market encompasses the production and sale of seeds for agricultural, horticultural, and landscaping purposes, driven by the need for higher crop yields and resource efficiency. The market includes a wide range of seeds, such as cereals, oilseeds, fruits, vegetables, and both genetically modified and organic varieties. Key trends include the growing adoption of genetically modified seeds, the demand for sustainable and organic farming practices, and innovations in precision agriculture. Major drivers of the market include the rising global population, increasing food demand, government support for agricultural development, and the need for climate-resilient crops to address environmental challenges.

Market Portfolio

Key Findings

• In 2024, the maize (corn) segment dominated the global commercial seeds industry, capturing a 35.9% share of revenue. The global maize output is projected to reach 1,217 million tons by December 2024, making up around 80% of the total coarse grains production, according to the United Nations Food and Agriculture Organization. Commercial maize seeds, developed by seed companies and sold to farmers, are primarily used for food, animal feed, and industrial applications. The widespread use of corn-based products in producing starch and sweeteners is expected to continue driving demand. Furthermore, food security concerns in underdeveloped and developing nations are prompting increased imports of maize, further shaping the market. For example, in May 2024, Brazil’s approval of non-GMO corn for export to Zambia underscored this trend.

• The soybean segment held the largest revenue share in the global GM seeds market in 2024. The demand for higher crop yields and soybeans that are resistant to pests, diseases, and varying environmental conditions has fueled the segment's significant growth. GM soybeans, engineered to resist herbicides or insects, are particularly favored by farmers in industrialized agricultural regions. According to the U.S. Department of Agriculture (USDA), the adoption of herbicide-tolerant (HT) soybean varieties grew from 17% in 1997 to 96% in 2024. Countries like Brazil and Argentina have also seen substantial adoption of GM soybeans, driven by their higher yields and ease of cultivation.

• The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. North America region is projected to hold the largest market share. Factors such as Rising global population, increasing demand for food production, technological advancements in seed development, growing adoption of genetically modified seeds, expanding agricultural practices, climate change and its impact on crop yield, government initiatives and subsidies for agriculture, increasing focus on sustainable farming practices, growth of organic farming, rise in demand for bio-fortified crops have triggered the Commercial Seeds Market in the region.

Regional Analysis

North America to Dominate the Market

• In North America, the commercial seeds market benefits from advanced agricultural practices, widespread use of genetically modified (GM) seeds, and significant investments in research and development. U.S. farmers, in particular, utilize GM seeds to boost productivity and ensure better crop quality. The push toward sustainable farming practices, alongside environmental regulations, also promotes the use of high-performance seeds that are both efficient and eco-friendly. The demand for organic and non-GMO seeds is also rising in response to consumer preferences for healthier, chemical-free food.

• In Europe, the commercial seeds market is shaped by strict regulations regarding genetically modified organisms (GMOs) and an increasing preference for sustainable agriculture. While GM seed adoption is limited, the region sees high demand for conventional and organic seeds, particularly in the vegetable and cereal segments. The push for sustainability, along with growing interest in local food production and self-sufficiency, has bolstered the market for organic seeds. Additionally, European consumers’ increasing focus on food traceability and quality drives demand for premium seed varieties.

• The Asia-Pacific region is experiencing rapid growth in the commercial seeds market due to rising populations, expanding agricultural sectors, and increasing food demand. Countries like India and China are focusing on enhancing agricultural productivity through the use of hybrid and genetically modified seeds that offer higher yields and improved resistance to pests and diseases. The region is also witnessing a shift toward more sustainable farming practices, driven by both government policies and consumer demand for organic and environmentally-friendly agricultural products. The commercial seeds market in Asia-Pacific is expected to continue to expand as emerging economies modernize their agricultural practices.

• In the Middle East and Africa, the commercial seeds market is influenced by the need for drought-resistant and high-performance seeds due to the challenging climate conditions. Farmers in this region are increasingly adopting hybrid and genetically modified seeds to ensure food security and higher yields in the face of water scarcity and arid conditions. The increasing push for agricultural modernization and investment in seed technology is expected to drive market growth. Additionally, the demand for seeds that can thrive in extreme environments, such as heat-resistant varieties, is likely to fuel further market expansion.

• In Latin America, the commercial seeds market is dominated by the growing demand for GM crops, particularly in countries like Brazil and Argentina, where agriculture is a key economic sector. The use of genetically modified seeds in crops like soybeans, corn, and cotton is prevalent, driven by the need to increase productivity and ensure food security. The region is also a major exporter of agricultural products, further driving the demand for high-quality seeds. Latin America’s emphasis on sustainable farming practices is also pushing the demand for non-GMO and organic seed varieties in certain sectors, contributing to the overall growth of the market.

Competitive Landscape

• Syngenta Global AG
• Vilmorin-Mikado
• KWS SAAT SE & Co. KGaA
• Bayer Group
• Dow
• Rijk Zwaan Zaadteelt en Zaadhandel B.V.
• SAKATA SEED AMERICA
• TAKII & CO.,LTD.
• Corteva
• Advanta Seeds

Recent Developments

• In November 2024, Corteva introduced a groundbreaking non-GMO hybrid technology for wheat, designed to significantly improve crop yields. This new method enhances yield potential by 10% while utilizing the same amount of land. The company also highlighted that research has shown the technology to be more drought-resistant, providing farmers with better results in water-scarce conditions. The resulting wheat variety, named Hard Red Winter, is set to be launched in 2027 for the North American market.

• In June 2023, seed breeding company Takii opened a state-of-the-art seed production facility in Karacabey, Turkey, located in the Bursa province. This new plant aims to enhance the company's production process for both flower and vegetable seeds. The facility complements Takii’s existing presence in Turkey, where it operates two major R&D sites in Antalya. This expansion is expected to strengthen Takii’s global presence and improve its distribution capabilities worldwide.

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