Market Size of Organic Seed Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 3.18 Billion |
Market Size (2029) | USD 5.77 Billion |
CAGR (2024 - 2029) | 12.70 % |
Fastest Growing Market | North America |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Organic Seed Market Analysis
The Organic Seed Market size is estimated at USD 3.18 billion in 2024, and is expected to reach USD 5.77 billion by 2029, growing at a CAGR of 12.70% during the forecast period (2024-2029).
In 2019, North America was the largest geographical segment in the overall market, and it accounted for a 38.8% market share.
The growing demand for organic products,amid increasing dietary concerns and a change in consumer spending patterns, has led to a significant increase in the production of organic crops all over the world. This has enhanced the demand for organic seeds. However, the cost of seeds is becoming a significant economic barrier for farmers in a few countries, which is influencing them to choose conventional seeds over organically produced seeds.