Seeds
Seeds Market by Type (Alfalfa, Cereals & Grains, Flower Seed), Seed Type (Conventional Seeds, Genetically Modified Seeds), Traits, Treatment, Distribution Channel - Global Forecast 2024-2030
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[195 Pages Report] The Seeds Market size was estimated at USD 79.68 billion in 2023 and expected to reach USD 85.64 billion in 2024, at a CAGR 7.56% to reach USD 132.80 billion by 2030.

The seeds market comprises producing, distributing, and selling seeds for agricultural purposes, such as crop cultivation and livestock feed. These seeds include various types, such as cereals, oilseeds, vegetables, and other specialty crops. Developing new seed varieties with improved resistance against biotic and abiotic stresses and advances in biotechnology for resistance to pests and diseases are increasing the need for seeds. However, stringent government regulations related to approvals of new seed varieties GM crops and concerns regarding their impact on the environment and human health are hampering the growth of the seeds market. Furthermore, increasing government investments in agriculture research and innovations such as precision farming techniques are expected to create opportunities for the seeds market.

Regional Insights

A surge in sustainable agriculture initiatives and organic farming practices has driven the demand for non-GMO and organic seeds in the Americas. The Americas is witnessing growth in demand for high-yielding and disease-resistant seeds due to changing climatic conditions. In Europe, key focus areas include breeding innovation and reduction of chemical inputs in agriculture as part of the European Green Deal and Farm-to-Fork strategy. The Middle East and African region are investing heavily in research to develop stress-tolerant crop varieties due to water scarcity issues and climate change concerns. The seed market in the Asia-Pacific region is primarily driven by the demand for high-quality vegetable seeds, promoting initiatives to increase the availability of certified seeds for farmers and technological advancements in the packaging and processing of seeds. The ongoing research and development for advancing disease protection and agricultural yields are expected to create growth opportunities for the seeds market in the Asia-Pacific region.

Seeds Market
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Market Dynamics

The market dynamics represent an ever-changing landscape of the Seeds Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

  • Market Drivers
    • Increasing consumption and need for agricultural goods worldwide
    • Growth in usage of oilseeds by animal feed manufacturers
    • Supportive government initiatives and investments to enhance agricultural productivity
  • Market Restraints
    • High R&D expenses on quality seed development
  • Market Opportunities
    • Development of new seed varieties with advancing technologies
    • Innovations in precision farming techniques
  • Market Challenges
    • Issues associated with product quality
Market Segmentation Analysis
  • Seed Type: High preference for genetically modified seeds to boost agricultural yields

    Conventional seeds are produced through traditional breeding methods, where plants with desired traits are naturally crossed to create offspring with those same characteristics. Farmers use these seeds for crop production due to their lower costs, ease of use, and proven track record. On the other hand, genetically modified (GM) seeds are developed using biotechnology techniques that involve altering the genetic makeup of plants at a molecular level. This process introduces desirable traits such as resistance to pests and diseases, tolerance to herbicides, and adverse weather conditions. GM seeds are preferred by farmers aiming to boost yields, cut down on the use of chemical pesticides, or grow crops in adverse conditions.

  • Treatment: Increasing usage of treated seeds in farming for better protection against physical and environmental barriers

    Non-treated seeds are not treated with any chemicals or biological agents before planting. The primary advantage of non-treated seeds is that they provide an option for those who prefer organic farming. On the other hand, treated seeds are coated with chemical or biological products before planting to protect them from various pests, diseases, and environmental challenges during germination and early growth stages. Treated seed usage allows farmers to achieve higher yields by reducing losses caused by these factors, ultimately leading to increased food production and more efficient use of resources.

  • Traits: Growing need for insecticide-resistant seeds in sustainable agricultural systems to reduce crop losses

    Herbicide-tolerant seeds are genetically modified to withstand specific herbicides. This allows farmers to use these herbicides selectively without harming the crops. The need for herbicide-tolerant seeds arises due to increasing weed pressure, which directly affects crop yield and quality. On the other hand, insecticide-resistant seeds possess inherent resistance against specific insects and pests that damage crops. They help to reduce crop losses and decrease the need for chemical insecticides, thus contributing to a more sustainable agricultural system.

  • Distribution Channel: Improving penetration of seeds on online channels for easy access and distribution

    In the offline distribution channel, seeds are primarily sold through physical stores such as agro-dealer shops, supermarkets, and farmer's markets. Customers who prefer to physically inspect seed quality, seek advice from sales representatives, and make on-the-spot decisions are increasing the demand for offline stores. On the other hand, online distribution is growing due to rapid digitalization, wider access to Internet services, and increasing e-commerce adoption among consumers. Customers who prefer convenience, quick access to information about seed varieties, and the ability to compare prices across different providers often opt for online purchases.

Market Disruption Analysis

The market disruption analysis delves into the core elements associated with market-influencing changes, including breakthrough technological advancements that introduce novel features, integration capabilities, regulatory shifts that could drive or restrain market growth, and the emergence of innovative market players challenging traditional paradigms. This analysis facilitates a competitive advantage by preparing players in the Seeds Market to pre-emptively adapt to these market-influencing changes, enhances risk management by early identification of threats, informs calculated investment decisions, and drives innovation toward areas with the highest demand in the Seeds Market.

Porter’s Five Forces Analysis

The porter's five forces analysis offers a simple and powerful tool for understanding, identifying, and analyzing the position, situation, and power of the businesses in the Seeds Market. This model is helpful for companies to understand the strength of their current competitive position and the position they are considering repositioning into. With a clear understanding of where power lies, businesses can take advantage of a situation of strength, improve weaknesses, and avoid taking wrong steps. The tool identifies whether new products, services, or companies have the potential to be profitable. In addition, it can be very informative when used to understand the balance of power in exceptional use cases.

Value Chain & Critical Path Analysis

The value chain of the Seeds Market encompasses all intermediate value addition activities, including raw materials used, product inception, and final delivery, aiding in identifying competitive advantages and improvement areas. Critical path analysis of the <> market identifies task sequences crucial for timely project completion, aiding resource allocation and bottleneck identification. Value chain and critical path analysis methods optimize efficiency, improve quality, enhance competitiveness, and increase profitability. Value chain analysis targets production inefficiencies, and critical path analysis ensures project timeliness. These analyses facilitate businesses in making informed decisions, responding to market demands swiftly, and achieving sustainable growth by optimizing operations and maximizing resource utilization.

Pricing Analysis

The pricing analysis comprehensively evaluates how a product or service is priced within the Seeds Market. This evaluation encompasses various factors that impact the price of a product, including production costs, competition, demand, customer value perception, and changing margins. An essential aspect of this analysis is understanding price elasticity, which measures how sensitive the market for a product is to its price change. It provides insight into competitive pricing strategies, enabling businesses to position their products advantageously in the Seeds Market.

Technology Analysis

The technology analysis involves evaluating the current and emerging technologies relevant to a specific industry or market. This analysis includes breakthrough trends across the value chain that directly define the future course of long-term profitability and overall advancement in the Seeds Market.

Patent Analysis

The patent analysis involves evaluating patent filing trends, assessing patent ownership, analyzing the legal status and compliance, and collecting competitive intelligence from patents within the Seeds Market and its parent industry. Analyzing the ownership of patents, assessing their legal status, and interpreting the patents to gather insights into competitors' technology strategies assist businesses in strategizing and optimizing product positioning and investment decisions.

Trade Analysis

The trade analysis of the Seeds Market explores the complex interplay of import and export activities, emphasizing the critical role played by key trading nations. This analysis identifies geographical discrepancies in trade flows, offering a deep insight into regional disparities to identify geographic areas suitable for market expansion. A detailed analysis of the regulatory landscape focuses on tariffs, taxes, and customs procedures that significantly determine international trade flows. This analysis is crucial for understanding the overarching legal framework that businesses must navigate.

Regulatory Framework Analysis

The regulatory framework analysis for the Seeds Market is essential for ensuring legal compliance, managing risks, shaping business strategies, fostering innovation, protecting consumers, accessing markets, maintaining reputation, and managing stakeholder relations. Regulatory frameworks shape business strategies and expansion initiatives, guiding informed decision-making processes. Furthermore, this analysis uncovers avenues for innovation within existing regulations or by advocating for regulatory changes to foster innovation.

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Seeds Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Seeds Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments
  • Fremont's Nebraska Irrigated Seeds acquired by Agrality

    Agrality acquired irrigated seeds in Fremont, Nebraska, through a purchase that included a diverse range of seeds such as corn, soybeans, and alfalfa. The sale was facilitated by local agribusiness analysts and brokers to ensure a smooth and seamless process. These new seed varieties will be utilized by Agrality in their agricultural operations for the upcoming growing season. [Published On: 2023-10-03]

  • Crystal Crop Protection Acquires Sadanand Cotton Seeds

    Crystal Crop Protection acquired Sadanand Cotton Seeds, a move aimed at bolstering its product portfolio. This acquisition allows Crystal Crop Protection to expand its offerings in terms of hybrid seeds and bollworm resistance traits. With this strategic move, Crystal Crop Protection not only strengthens its reach and services but also enhances its position in the market. [Published On: 2023-09-28]

  • Storm Seeds B.V. Acquires Pulses Seed Business from BASF

    Storm Seeds B.V. acquired the pulses seed business from BASF-Nunhems, marking a significant development in the agricultural industry. This strategic acquisition bolstered Storm Seeds' product portfolio by adding over 150 varieties of pulse seeds. With this expansion, Storm Seeds aims to strengthen its global presence and enhance its competitive edge in the market. [Published On: 2023-09-26]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Seeds Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Seeds Market, highlighting leading vendors and their innovative profiles. These include Akshay Seeds Pvt. Ltd., Barenbrug Holding B.V, BASF SE, BrettYoung, C N Seeds Ltd., Corteva, Inc., Desi Seed Producer Co. Ltd.,, DLF Seeds A/S, Enza Zaden Beheer B.V., Imperial Seed, KWS SAAT SE & Co. KGaA, Mahyco Private Limited, Namdhari Seeds Pvt. Ltd., Nirmal Seeds Pvt. Ltd., Rallis India Limited, Rasi Seeds (P) Ltd., Sakata Seed Iberica S.L.U., Savannah Seeds Private Limited, Sinochem Group Co., Ltd., SL Agritech Corporation, Super Seeds (P) Ltd., Takii & Co. Ltd., Team Seeds Pvt. Ltd., Tropica Seeds Private Limited, and Vikima Seed A/S.

Seeds Market - Global Forecast 2024-2030
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Market Segmentation & Coverage

This research report categorizes the Seeds Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Type
    • Alfalfa
    • Cereals & Grains
      • Corn
      • Rice
      • Sorghum
      • Wheat
    • Flower Seed
    • Fruits & Vegetables
      • Brassica
      • Carrot
      • Lettuce
      • Melons
      • Onion
      • Pepper
      • Tomatoes
    • Oilseeds
      • Canola or Rapeseed
      • Cotton
      • Soybean
      • Sunflower
    • Turf Grasses
  • Seed Type
    • Conventional Seeds
    • Genetically Modified Seeds
  • Traits
    • Herbicide-Tolerant
    • Insecticide-Resistant
  • Treatment
    • Non-Treated
    • Treated
  • Distribution Channel
    • Offline
    • Online

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

This research report offers invaluable insights into various crucial aspects of the Seeds Market:

  1. Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
  2. Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
  3. Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
  4. Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
  5. Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.

Additionally, the report addresses key questions to assist stakeholders in making informed decisions:

  1. What is the current market size and projected growth?
  2. Which products, segments, applications, and regions offer promising investment opportunities?
  3. What are the prevailing technology trends and regulatory frameworks?
  4. What is the market share and positioning of the leading vendors?
  5. What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Seeds Market, by Type
  7. Seeds Market, by Seed Type
  8. Seeds Market, by Traits
  9. Seeds Market, by Treatment
  10. Seeds Market, by Distribution Channel
  11. Americas Seeds Market
  12. Asia-Pacific Seeds Market
  13. Europe, Middle East & Africa Seeds Market
  14. Competitive Landscape
  15. Competitive Portfolio
  16. List of Figures [Total: 26]
  17. List of Tables [Total: 746]
  18. List of Companies Mentioned [Total: 25]
Growth in Usage of Oilseeds by Animal Feed Manufacturers
October 13, 2023
BLOG
Growth in Usage of Oilseeds by Animal Feed Manufacturers
The agricultural industry has seen a major shift in recent years, particularly in the area of animal feed. One major driver of this transformation is the growing usage of oilseeds by animal feed manufacturers. People are becoming more aware of the importance of animal nutrition, and animal feed companies have responded by providing better, more balanced feed for their animals. This has led to a surge in demand for oilseeds.

Health Benefits:

Oilseeds have always had a place in human nutrition, but their benefits for animal nutrition have been more recently recognized. Research has shown that oilseeds can improve the quality of animal products, including meat, milk, and eggs. They are also important sources of essential fatty acids and protein. Animal feed manufacturers are using more oilseeds in their products to achieve these benefits, and as a result, the demand for oilseeds is on the rise.

Shift Toward Natural Feed:

One reason for the increase in usage of oilseeds is the trend toward natural animal feed. Consumers are more concerned about the food they include in their diet and where it comes from, and that extends to the food their animals eat, as well. Natural animal feed is becoming more popular, and oilseeds such as soybean, canola, and sunflower seeds are seen as a natural, healthy source of nutrients for animals.

Sustainability:

Another trend driving the growth of oilseed usage is sustainability. Consumers, companies, and governments alike are placing more emphasis on sustainable practices in agriculture. Oilseeds offer a sustainable source of protein for animal feed, which means that the industry can reduce its reliance on unsustainable sources such as fish meal and bone meal. This makes oilseeds an attractive option for animal feed manufacturers.

Expansion in Agriculture:

As demand for animal products continues to rise, the agricultural industry is expanding. This means a greater need for animal feed, and oilseeds are stepping in to fill that need. Due to their versatility and relatively low cost, oilseeds are a natural choice for animal feed manufacturers.

Improved Technology:

Improved technology is driving the growth in oilseed usage. Advances in breeding, genetics, and biotechnology have made it possible to create strains of oilseeds that are more resistant to pests and diseases and are easier to grow and harvest. This has made oilseeds a more attractive crop for farmers and has increased the supply of oilseeds for animal feed manufacturers.

The trend toward increased usage of oilseeds by animal feed manufacturers is not going away anytime soon. With an emphasis on sustainable, natural, and healthy animal feed, the demand for oilseeds will only continue to grow. Farmers, animal feed manufacturers, and research institutions alike are working to create new strains of oilseeds that are even better suited for animal feed, which will only increase the growth of this industry. The future of animal nutrition lies in the usage of oilseeds, and we're excited to see where this trend will take us.

Frequently Asked Questions
  1. How big is the Seeds Market?
    Ans. The Global Seeds Market size was estimated at USD 79.68 billion in 2023 and expected to reach USD 85.64 billion in 2024.
  2. What is the Seeds Market growth?
    Ans. The Global Seeds Market to grow USD 132.80 billion by 2030, at a CAGR of 7.56%
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