Conventional Seeds Market was valued at USD 46.6 Billion in 2022 and is projected to reach USD 61.9 Billion by 2030, growing at a CAGR of 3.9% from 2024 to 2030.
The conventional seeds market refers to the production and distribution of seeds that have been naturally bred without the use of genetic modification techniques. These seeds are widely used in agriculture to cultivate a variety of crops including grains vegetables fruits and legumes. The market has been witnessing steady growth due to rising food demand technological advancements and increasing awareness about sustainable farming practices.
As of 2023 the global conventional seeds market is valued at approximately USD 60 billion. It is projected to grow at a compound annual growth rate CAGR of 4.5% over the next 5 to 10 years driven by increasing agricultural activities a growing global population and the demand for high quality non GMO crops. The market’s growth is expected to be influenced by advancements in seed breeding technologies shifting consumer preferences towards organic produce and government initiatives promoting sustainable agriculture.
Key trends shaping the conventional seeds market include the increasing preference for hybrid seeds sustainable farming practices and advancements in seed coating technology. Moreover growing awareness about the health benefits of non GMO crops and the demand for traditional agricultural practices are expected to bolster market expansion.
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Rising Demand for Food: As the global population grows there is a greater demand for food driving the need for enhanced agricultural productivity. Conventional seeds play a vital role in this by ensuring the production of high yielding crops without genetic modifications.
Sustainability Concerns: Consumers are increasingly looking for food products that are grown using sustainable practices. Conventional seeds are aligned with organic farming and sustainable agriculture which boosts their popularity.
Technological Advancements: Technological improvements in seed breeding such as precision farming seed coating and enhanced irrigation systems are driving better crop yields and reduced environmental impact fueling the market for conventional seeds.
Price Sensitivity: The conventional seeds market faces price competition from genetically modified GM seeds which are often more affordable due to their enhanced disease resistance and higher yields.
Climate Change: Climate fluctuations pose a significant risk to agriculture affecting the viability of conventional seeds in some regions. Unpredictable weather patterns and droughts can harm crop yields and decrease seed quality.
Limited Shelf Life: Conventional seeds generally have a shorter shelf life compared to GM seeds which are designed to endure longer storage periods making them more advantageous for large scale agricultural operations.
Organic Farming Growth: The growing trend of organic farming presents a significant opportunity for the conventional seeds market as non GMO seeds are integral to organic certification.
Emerging Markets: Expanding agricultural practices in developing countries especially in Asia and Africa offer a substantial opportunity for market expansion. These regions are increasingly adopting conventional seeds for food security purposes.
Climate Resilient Seeds: Developing seeds that can withstand extreme weather conditions and droughts is a major opportunity for innovation in the conventional seeds market which could lead to more robust crops and higher yields.
Cereals & Grains: Conventional seeds are widely used to grow essential food crops such as wheat rice and corn. These crops form the backbone of global food security especially in developing countries where cereal production is integral to the economy.
Fruits & Vegetables: The use of conventional seeds in fruits and vegetables is crucial for cultivating high quality produce. Examples include tomato lettuce and peppers which are widely grown in both small scale and commercial agriculture.
Oilseeds: Crops like soybean sunflower and canola are also significant in the conventional seeds market used for producing edible oils and animal feed.
Farmers: Farmers are the primary end users of conventional seeds. They use these seeds to grow crops for both domestic consumption and export. The rise in smallholder farmers in emerging markets is increasing the demand for conventional seeds.
Seed Distributors: Seed distributors and retailers also play a crucial role in the conventional seeds market by offering a wide range of seeds to farmers. These distributors often offer a variety of seed types based on regional preferences and crop demands.
Agricultural Enterprises: Large scale agricultural enterprises that rely on high volumes of seeds for crop production are also significant end users of conventional seeds driving large scale adoption across various regions.
North America: The United States and Canada are leading markets for conventional seeds with large scale commercial farming and a strong demand for grains and oilseeds.
Europe: Europe is a major player in the organic farming market driving demand for conventional non GMO seeds. Countries like Germany France and Spain are key contributors to market growth in this region.
Asia Pacific: Asia Pacific especially India and China represents a high growth market due to increasing food demand and the expansion of sustainable farming practices.
Latin America: Brazil and Argentina are prominent players in the conventional seeds market particularly in the production of oilseeds and cereals.
Middle East & Africa: The Middle East and Africa are seeing a rise in agricultural activities which has created a growing demand for conventional seeds particularly in countries like South Africa and Egypt.
Syngenta Group: A global leader in crop protection and seeds Syngenta offers a wide range of conventional seeds for various crops. They focus on advancing seed technology to improve yield and sustainability.
Bayer CropScience: Bayer provides conventional seeds for crops like corn wheat and soybeans. They focus on seed innovations that enhance yield potential and disease resistance.
Corteva Agriscience: Corteva is another major player in the seed industry offering high quality conventional seeds for a range of crops. Their focus is on sustainable farming solutions and improving agricultural productivity.
Dow AgroSciences: Dow offers conventional seed varieties particularly in the areas of corn soybeans and cotton. They focus on enhancing crop resilience to environmental challenges.
Limagrain: Limagrain is a global seed company that provides conventional seeds for a wide range of crops including cereals vegetables and oilseeds. They focus on sustainability and enhancing agricultural practices.
The conventional seeds market is undergoing significant transformation driven by innovation and technological advancements. Some key trends include:
Seed Coating Technology: Seed coatings are gaining popularity as they improve germination rates protect seeds from pests and diseases and offer controlled release of fertilizers.
Precision Farming: Technologies like drones satellite imaging and soil sensors are helping farmers optimize seed planting irrigation and crop management practices boosting the demand for conventional seeds.
Sustainability Focus: As environmental concerns rise the demand for seeds that contribute to sustainable agricultural practices is increasing. This includes water efficient crops pest resistant varieties and seeds that improve soil health.
Supply Chain Disruptions: Global supply chains face challenges due to factors like climate change political instability and trade barriers which can affect seed availability.
Price Volatility: Fluctuations in raw material prices such as fertilizers and pesticides can impact the overall cost of seed production.
Regulatory Challenges: Government regulations regarding seed certification quality control and trade restrictions can pose obstacles to market expansion.
Advanced Logistics: Investing in more efficient supply chains and alternative distribution models can help mitigate disruptions.
Collaborative Ventures: Partnerships between seed producers technology providers and government agencies can help address regulatory challenges and ensure a steady seed supply.
Innovative Farming Practices: Adopting precision farming and using genetically enhanced conventional seeds that can thrive in changing climates can help address challenges posed by climate change.
The conventional seeds market is set to continue its growth trajectory driven by the rising demand for food security sustainable farming practices and the increasing popularity of non GMO crops. The future of the market lies in technological innovations that improve seed performance resilience and yield. Furthermore as more farmers adopt precision farming practices the role of conventional seeds in global agriculture will become even more pivotal in ensuring food security and sustainability.
North America Europe and Asia Pacific are currently the leading regions in the conventional seeds market with North America and Europe being the largest consumers due to established agricultural practices while Asia Pacific is growing rapidly due to increased agricultural activity.
The key applications include the cultivation of cereals and grains fruits and vegetables and oilseeds each of which plays a vital role in food security and agricultural economies.
Challenges include price sensitivity supply chain disruptions climate change and regulatory barriers that can hinder growth and accessibility in certain regions.
Major players include Syngenta Bayer CropScience Corteva Agriscience Dow AgroSciences and Limagrain all of which play key roles in driving market growth through innovation and product offerings.
The market is expected to grow steadily over the next 5–10 years with a CAGR of 4.5% driven by increased food demand sustainability concerns and advancements in seed technology.
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BASF
Bayer
Syngenta
KWS SAAT
Land O’ Lakes
Sakata Seed
Groupe Limagrain
Takii & Co
BrettYoung
Barenbrug Holding
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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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 Conventional Seeds Market
Cereals & grains
Oilseeds & pulses
Fruits & vegetables
Others
Based on Types the Market is categorized into Below types that held the largest Conventional Seeds market share In 2023.
Herbicide-tolerance (HT)
Insect-resistance (IR)
Other traits
Global (United States, Global 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 Conventional 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 Conventional Seeds Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Conventional Seeds Market, By Type
6. Global Conventional Seeds Market, By Application
7. Global Conventional Seeds Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Conventional Seeds Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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