Global Commercial Seeds Market - Industry Trends and Forecast to 2029

Global Commercial Seeds Market Analysis and Size

In the agriculture industry, commercial seeds are used for crop production planting. Commercial seeds are processed and refined in order to produce a high-volume, high-quality crop from farmland. The farmer used to produce and treat the seeds for sowing purposes in ancient times. Commercial seeds, on the other hand, are processed by seeds company and sold to farmers in the current day. The leading participants in the worldwide commercial seed industry are concentrating their efforts on research to increase agricultural production while working with restricted resources.

• Genetically modified seeds Software segment are expected to hold a larger share in the commercial seeds market due to the increase as the area under GM crops grows and as different regions embrace GM agricultural output. Data Bridge Market Research analyses that the commercial seeds market is expected to grow at a CAGR of 8.45% during the forecast period of 2022 to 2029, at a USD 56.30 billion in 2021 and is further estimated to reach USD 107.73 billion by 2029.

Report Scope and Market Segmentation

Global Commercial Seeds Market Definition

Commercial seeds are those that are sown for the purpose of producing a specific crop or for use as animal feed or industrial raw material. Commercial seeds are processed and refined in order to produce a high-volume, high-quality crop from farmland. The farmer used to produce and treat the seeds for sowing purposes in ancient times.

Commercial Seeds Market Dynamics

Drivers

Major factors that are expected to boost the growth of the commercial seeds market in the forecast period are as follows:

• Rise in the Use of Commercial Seeds

Commercial seeds now include alfalfa, sugar beets, papaya, squash, eggplant, potatoes, and apples, in addition to key crops like corn, soybeans, cotton, and canola. Rice, banana, potatoes, wheat, chickpea, pigeon pea, and mustard are among the commercial seeds researched by public sector organisations, and they have a variety of economically important and nutritional quality attributes that are advantageous to food producers and consumers in developing nations.

• Increase in the Worldwide Population

The need for commercial seeds is increasing as the world's population grows which will further accelerate the growth of the market.

• Technological Developments

Due to increased demand in developing regions and technical improvements, commercial seed will continue to be in high demand.

Opportunities

In addition, the rise in the level of investment for the advancement of advanced and technical product is further estimated to provide potential opportunities for the growth commercial seeds market in the coming years.

Restraints/Challenges Global Commercial Seeds Market

On the other hand, the rise in the cost regarding research and development is further projected to impede the growth of the commercial seeds market in the targeted period. However, the safety and regulatory concerns commercial seeds market in the near future.

This commercial seeds market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the commercial seeds market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Commercial Seeds Market

The pandemic of COVID-19 has had a huge impact on the commercial seeds market. The global agriculture sector was being crippled by the outbreak of COVID-19 and the efforts adopted to manage the epidemic. Seeds serve as the foundation for agricultural output. Due to the unavailability of the requisite quality and quantity of commercial seeds to sow around the globe, the disruptions produced by COVID-19 may result in a decline in agricultural productivity and acreages. However, in the post-COVID scenario, commercial seeds market is projected to be positively impacted.

Recent Development

• In February 2020, The Crop Science Division of Bayer AG has launched a research and development (R&D) pipeline update. Bayer AG's innovation focuses on increasing yield per acre, lowering farming's environmental effect, and enabling better-informed decisions through data.

Global Commercial Seeds Market Scope and Market Size

The commercial seeds market is segmented on the basis of ownership and type. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Ownership

• Proprietary
• Non-Proprietary Seeds

On the basis of ownership, the commercial seeds market is segmented into proprietary, and non-proprietary seeds.

Type                                                                          

• Conventional Seeds
• Biotechnology Seeds

On the basis of type, the commercial seeds market is segmented into conventional seeds, and biotechnology seeds. Conventional seeds have bene further segmented into cereals and grains, oilseeds, fruits and vegetables, and others. Cereals and grains have been further sub segmented into maize (corn), rice, wheat, sorghum, and others. Oilseeds have been further sub segmented into soybean, sunflower, cotton, and canola/rapeseed. Biotechnology seeds have been further segmented into soybean, maize, cotton, and canola/rapeseed.

Commercial Seeds Market Regional Analysis/Insights

The commercial seeds market is analysed and market size insights and trends are provided by country, ownership and type as referenced above.

The countries covered in the commercial seeds market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA).

North America dominates the commercial seeds market due to the rise in the number of regulatory interventions. Furthermore, the encouraging government regulations and widespread research and development will further boost the growth of the commercial seeds market in the region during the forecast period.

Asia-Pacific is projected to observe significant amount of growth in the commercial seeds market due to the uppermost technical standards. Moreover, the prevalence of smallholders and the growing importance of rice is further anticipated to propel the growth of the commercial seeds market in the region in the coming years.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Commercial Seeds Market Share Analysis

The commercial seeds market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to commercial seeds market.

 Some of the major players operating in the commercial seeds market are:

• DuPont. (US)
• Monsanto Company (US)
• Syngenta Crop Protection AG (Switzerland)
• Bayer AG (Germany)
• Land O'Lakes, Inc. (US)
• DLF Seeds A/S (Denmark)
• Sakata Seed America. (US)
• TAKII & CO.,LTD. (Japan)
• Adama Agricultural Solutions Ltd. (Israel)
• KWS SAAT SE & Co. KGaA (Germany)
• Rijk Zwaan Zaadteelt en Zaadhandel B.V. (Netherlands)
• VILMORIN & CIE (France)

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