Grain Seed Market - Growth, Trends, and Forecast (2020 - 2025)

The Global Grain Seed Market is segmented by Technology into Open Pollinated Varieties, Hybrid Derivatives, Non-GMO Hybrids, and Genetically Modified Hybrids, and by Crop Type into Rice, Wheat, Maize (Corn), Sorghum, and Other Crop Types. A geographical analysis, covering the top 19 countries in the world is also part of the report.

Market Snapshot

Study Period:

2015-2024

Base Year:

2019

Fastest Growing Market:

Asia Pacific

Largest Market:

Asia Pacific

Major Players:

CAGR (2019-2024):

6.42%

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Market Overview

The Global Grain Seed Market was valued at USD 27.81 billion in 2018 and is projected to register a CAGR of 6.42% during the forecast period (2019-2024). Asia-Pacific is the largest market for cereals and grains seeds and is expected to remain dominant during the forecast period.

  • In developing markets, there has been a noticeable improvement in the seed replacement rates over the past decade, especially in the case of cereal crops. For example, in the case of India, the seed replacement rates in maize (corn) stood at almost 80% in the crop year 2017-2018.
  • The increase in seed replacement rates has been a result of increased usage of hybrid seed. In China, it has been estimated that the area under hybrid rice constituted almost 60% of the total planted area under the crop.
  • The market faces imminent challenges in terms of attaining regulatory approvals for the adoption of genetically modified food crops in major markets such as the European Union and in India. Approvals for various GM traits can provide an inorganic fillip to the growth in the market over the forecast period.

Scope of the Report

The report covers the seeds used for sowing for major cereal crops, including those for minor cereals and millets. The crops covered in the scope of the report includes rice, wheat, maize (corn), and sorghum, which are the four cereal crops grown on the majority of the global arable land. Other cereals included in the scope are minor cereals and millets such as pearl millet, finger millet, etc. The scope of the report excludes seeds used for forage, such as forage maize (corn), forage sorghum, etc. Moreover, other row crops such as pulses, oilseeds, cotton, and sugarcane, among others are beyond the report scope.

The market has also been segmented based on Technology to cover all the major technologies used in the manufacturing of grain seeds, including genetically modified technology. 

Technology
Open Pollinated Varieties
Hybrid Derivatives
Non-GMO Hybrids
Genetically Modified Hybrids
Herbicide Tolerant Hybrids
Insect Tolerant Hybrids
Other Genetically Modified Hybrids
Crop Type
Rice
Wheat
Maize (Corn)
Sorghum
Other Crop Types
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
Germany
Spain
United Kingdom
Italy
France
Russia
Ukraine
Rest of Europe
Asia-Pacific
China
India
Australia
Japan
Thailand
Vietnam
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Africa
South Africa
Rest of Africa

Report scope can be customized per your requirements. Click here.

Key Market Trends

Increasing Demand for Animal Feed

The international demand for cereals and grains seed is increasing due to a significant increase in animal feed demand. Production of crops like maize, soybean, and wheat has significantly increased due to an increasing livestock population driving the demand from the feed industry. global livestock population has witnessed consistent growth over the years. In 2017, the global usage of maize in the animal feed industry was 613 million metric ton, which was a 2% increase from the year 2016. In 2017, the global usage of soybean and wheat in the animal feed industry was 20 million metric ton and 144 million metric ton, respectively. Increasing demand from the animal feed industry is putting stress on the production of grains for human consumption and farmers are responding with improved yields through the adoption of high yielding varieties and hybrid seeds. This trend is expected to continue well into the forecast period and this factor is expected to drive the global market for grain seeds.

To understand key trends, Download Sample Report

Asia-Pacific to Dominate the Cereals and Grains Seed Market.

Asia-Pacific is the largest market for grain seeds, accounting for more than 30% of the global demand. The growing population in Asian countries, mainly in China and India, has a continuously increasing demand for food production and is driving the seed market for cereal and grains in the region. The highest increases in seed replacement rates and hybridization have been observed in countries in the Asia-Pacific and the number of farmers utilizing high-quality seeds has increased. Asia-Pacific is expected to retain its position as the largest market over the forecast period.

To understand geography trends, Download Sample Report.

Competitive Landscape

The Global Grain Seed Market is consolidated with the top five companies occupying almost 50% of the market share. With the merger of Dow Agrosciences and DuPont and the subsequent formation of Corteva Agriscience as the company engaged in the merged entity's agricultural business, and the acquisition of Monsanto Company by Bayer Cropscience has further consolidated the industry. Other major regional players occupy smaller shares and there is also a huge presence of smaller seed companies occupying major local markets in countries such as India and China. 

Table Of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Industry attractiveness- Porter's Five Force Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Buyers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitutes

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 Technology

      1. 5.1.1 Open Pollinated Varieties

      2. 5.1.2 Hybrid Derivatives

      3. 5.1.3 Non-GMO Hybrids

      4. 5.1.4 Genetically Modified Hybrids

        1. 5.1.4.1 Herbicide Tolerant Hybrids

        2. 5.1.4.2 Insect Tolerant Hybrids

        3. 5.1.4.3 Other Genetically Modified Hybrids

    2. 5.2 Crop Type

      1. 5.2.1 Rice

      2. 5.2.2 Wheat

      3. 5.2.3 Maize (Corn)

      4. 5.2.4 Sorghum

      5. 5.2.5 Other Crop Types

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

        4. 5.3.1.4 Rest of North America

      2. 5.3.2 Europe

        1. 5.3.2.1 Germany

        2. 5.3.2.2 Spain

        3. 5.3.2.3 United Kingdom

        4. 5.3.2.4 Italy

        5. 5.3.2.5 France

        6. 5.3.2.6 Russia

        7. 5.3.2.7 Ukraine

        8. 5.3.2.8 Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 India

        3. 5.3.3.3 Australia

        4. 5.3.3.4 Japan

        5. 5.3.3.5 Thailand

        6. 5.3.3.6 Vietnam

        7. 5.3.3.7 Rest of Asia-Pacific

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Africa

        1. 5.3.5.1 South Africa

        2. 5.3.5.2 Rest of Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Bayer Cropscience AG

      2. 6.3.2 Corteva Agriscience

      3. 6.3.3 Syngenta International AG

      4. 6.3.4 Groupe Limagrain Holding SA

      5. 6.3.5 KWS SAAT SE

      6. 6.3.6 Land O' Lakes, Inc.

      7. 6.3.7 Florimond Desprez Group

      8. 6.3.8 RAGT Semences SAS

      9. 6.3.9 Advanta Seeds (UPL Limited)

      10. 6.3.10 Euralis Semences

      11. 6.3.11 Nuziveedu Seeds Limited

      12. 6.3.12 Beidahuang Kenfeng Seed Co., Ltd.

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

Related Reports