Commercial (Conventional and Biotech/GM) Seeds Market size was valued at USD 64.50 Billion in 2024 and is forecasted to grow at a CAGR of 6.5% from 2026 to 2033, reaching USD 104.20 Billion by 2033.
The global commercial (conventional and biotech/GM) seeds market was valued at approximately USD 69.8 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.1% during the forecast period. The biotech/GM seeds segment continues to drive market expansion due to increasing adoption of genetically modified crops, especially in North America and South America. Conventional seeds, though facing saturation in developed markets, retain a stronghold in regions with limited GM crop approvals, such as parts of Asia and Europe. North America dominated the global market in 2022, accounting for over USD 22.4 billion in revenue, primarily due to widespread GM crop cultivation in the U.S. and Canada. Latin America followed closely, with Brazil and Argentina contributing significantly through high adoption of GM soybean, maize, and cotton varieties.
Asia Pacific represented a promising market segment, reaching around USD 17.2 billion in 2022, driven by increasing population, food demand, and adoption of hybrid seeds in countries such as India and China. Europe recorded a comparatively lower share of USD 10.6 billion in 2022, constrained by regulatory restrictions on GM seeds but supported by strong demand for conventional and hybrid seed types. The Middle East and Africa, though smaller in market size (USD 5.4 billion), exhibited growing demand potential due to expanding agricultural activities and food security initiatives. Opportunities in the market are largely tied to technological advancements in seed genetics, increasing demand for high yielding and pest resistant varieties, and government support for modern agricultural practices. Expanding biotech seed approvals in emerging economies, along with climate resilient seed development, present further potential for regional growth.
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Monsanto
DuPont
Syngenta
Vilmorin & Cie
KWS
Bayer CropScience
Sakata Seed
Takii
AgReliant Genetics
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Commercial (Conventional and Biotech/GM) Seeds Market
Open-Pollinated Varieties (OPV)
Heirloom Seeds
Hybrid Seeds
Wheat
Rice
Corn
Food Crops
Feed Crops
Fiber Crops
E-commerce Platforms
Seed Company Websites
Smallholder Farmers
Commercial Farmers
Organic Farmers
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Commercial (Conventional and Biotech/GM) Seeds Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Commercial (Conventional and Biotech/GM) Seeds Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Commercial (Conventional and Biotech/GM) Seeds Market, By Type
6. Global Commercial (Conventional and Biotech/GM) Seeds Market, By Application
7. Global Commercial (Conventional and Biotech/GM) Seeds Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Commercial (Conventional and Biotech/GM) Seeds Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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