North America Seed Sector Analysis - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

North America Seed Market has been segmented by Type (Non-GM/Hybrid seeds, GM seeds, and Varietal Seeds), Crop Type (Grains and Cereals, Pulses and Oilseeds, Fruits and Vegetables, and Other Crop Types), and Geography (United States, Canada, Mexico, and the Rest of North America). The report offers market size and forecasts in terms of value (USD million) for all the above segments.

Market Snapshot

seeds market
Study Period: 2017-2027
Base Year: 2021
CAGR: 7 %

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Market Overview

The North American seeds market is projected to register a CAGR of 7.0% for the forecast period (2022 - 2027). Farm production all over North America has been affected by bottlenecks for inputs, most notably labor. Restrictions on the mobility of people have reduced the availability of seasonal workers for planting and harvesting in the fruit and vegetable sector in many countries. The COVID-19 pandemic has had a disruptive impact on the North American seed sector due to the shortage of seasonal workers. The shortage of labor, coupled with the unfavorable weather conditions, augmented the decline in demand for seeds.

The major factors driving the industry include the rising demand for animal feed, increasing usage of biofuels, growing demand for grains, oil, and vegetables, and rapid adoption of biotech crops. The US seed market changed dramatically over the past century as more farmers purchased commercial seeds. The hybrid seeds of tomato, lettuce, and sweet pepper are the highest in demand. Broccoli and spinach are highly concentrated in California. A large portion of the vegetable-growing community in the country prefers hybrid, high-yielding, and disease-resistant varieties of vegetables.

Many firms also license or outsource marketing and distribution to private firms and individuals in order to improve access to the local markets. Some of the key players in the market include Syngenta US, Groupe Limagrain Holding, BASF SE, DuPont (Pioneer), and Rijk Zwaan.

Scope of the Report

North America Seed Market has been segmented by Type (Non-GM/Hybrid seeds, GM seeds, and Varietal Seeds), Crop Type (Grains and Cereals, Pulses and Oilseeds, Fruits and Vegetables, and Other Crop Types), and Geography (United States, Canada, Mexico, and the Rest of North America). The report offers market size and forecasts in terms of value (USD million) for all the above segments.

Type
GM Seeds
Hybrid Seed
Varietal Seeds
Crop
Grain and cereal
Pulses and Oil Seeds
Fruits and Vegetables
Others Crop Type
Geography
United States
Mexico
Canada
Rest of North America

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Key Market Trends

Increased Demand from the International Market

The production of cereals, fruits, and vegetables in North America is increasing gradually. The growing export potential of cereals, fruits, and vegetables has put pressure upon the farmers in North America to produce more to meet domestic as well as international demand. This has further resulted in the need for quality crop seeds to enhance the yield and productivity while the decrease in the arable land. Regarding the rising export potential of agriculture produce in North America, various players in the market are developing different seeds that are disease resistant. According to the ITC trade map, the vegetable export in Mexico increased by 11.87%, from USD 6,697,858 thousand in 2017 to USD 8,444,312 thousand in 2020. A large portion of the vegetable-growing community in countries like Canada, Mexico, United States prefers hybrid, high-yielding, and disease-resistant varieties of vegetables. The rising export potential for cereals, fruits, and vegetables has resulted in higher production of these crops, thereby rising demand for quality seeds by farmers that are pest- and disease-resistant and are tolerant to adverse climatic conditions for enhanced yield.

North America  Seeds Market

Fruits and Vegetable Segment Dominates the Market

In Canada, farmers mostly grow potatoes, tomatoes, lettuce, onion, carrot, sweet corn, cucumber, and cabbage. In the United States, the hybrid seeds of tomato, lettuce, and sweet pepper are the highest in demand. California, North Dakota, Idaho, Michigan, Minnesota, Washington, and Wisconsin are the major vegetable seed markets in this region. Broccoli and spinach are highly concentrated in California.

Mexico is the country where most vegetables are grown in protected cultivation in greenhouses. It is the second-largest vegetable-growing country in North America. The seed market in Mexico is dominated by saved seeds, while the import of quality seeds is rising. Individual farmers, large multinational companies, national private seed companies, national public research, and seed production organizations, such as INIFAP and international agricultural research centers, constitute the Mexican seed industry. Mexico has 50,000-acre land under vegetable cultivation, and almost 60% of the area is occupied by vegetable cultivation in greenhouses. The production of vegetables is constantly increasing in North America, as the demand is increasing.

North America  Seeds Market

Competitive Landscape

The industry is highly concentrated, and the most innovative companies are well-positioned in the market. Syngenta and DuPont, BASF SE, Rijk Zwaan, Groupe Limagrain Holding, and Bayer CropScience are the companies dominating the market.

Recent Developments

In 2021, BASF's vegetable seeds business entered into a more intensive, comprehensive partnership with Nature Source Improved Plants (NSIP). The collaboration focuses on four key segments within their cucumber, pepper, and tomato breeding programs to develop and execute breeding workflows, combining the NSIP genomic selection toolbox and BASF germplasm and breeding expertise.

In 2021, Bayer stated that it would expand its vegetable seed offerings under the new Vegetables by Bayer umbrella to include an organically produced seed. The commercial launch for the new certified organic portfolio is planned for 2022 and will focus on the high-growth organic markets of Canada, the United States, and Mexico, among other potential markets.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions & Market Definition

    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 Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Type

      1. 5.1.1 GM Seeds

      2. 5.1.2 Hybrid Seed

      3. 5.1.3 Varietal Seeds

    2. 5.2 Crop

      1. 5.2.1 Grain and cereal

      2. 5.2.2 Pulses and Oil Seeds

      3. 5.2.3 Fruits and Vegetables

      4. 5.2.4 Others Crop Type

    3. 5.3 Geography

      1. 5.3.1 United States

      2. 5.3.2 Mexico

      3. 5.3.3 Canada

      4. 5.3.4 Rest of North America

  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 Monsanto Company

      2. 6.3.2 Syngenta US

      3. 6.3.3 Groupe Limagrain Holding

      4. 6.3.4 DuPont Pioneer

      5. 6.3.5 KWS SAAT SE & Co.

      6. 6.3.6 DLF-Trifolium

      7. 6.3.7 Sakata EMEA

      8. 6.3.8 Takii Europe B.V.

    4. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  8. 8. IMPACT OF COVID-19 ON THE MARKET

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Frequently Asked Questions

The North America Seeds Industry market is studied from 2017 - 2027.

The North America Seeds Industry is growing at a CAGR of 7% over the next 5 years.

Syngenta US, Groupe Limagrain Holding, DuPont(poineer), Rijk Zwaan, BASF SE are the major companies operating in North America Seeds Industry.

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