Seed Market Updates

Global Seed Market size was valued at USD 57.6 billion in 2023 and is poised to grow from USD 60.65 billion in 2024 to USD 91.68 billion by 2032, growing at a CAGR of 5.3% during the forecast period (2025-2032).

Bayer AG, Corteva Agriscience, Syngenta Group, BASF SE, Groupe Limagrain, KWS SAAT SE & Co. KGaA, DLF Seeds A/S, Sakata Seed Corporation, Longping High-Tech, Rijk Zwaan Zaadteelt en Zaadhandel B.V., Takii & Co., Ltd., Advanta Seeds, Enza Zaden Beheer B.V., Bejo Zaden B.V., RAGT Semences, Florimond Desprez, Barenbrug Holding B.V., GDM Seeds, Nuziveedu Seeds Ltd., East-West Seed

Governments across the globe are implementing supportive policies to promote the use of quality seeds and modern agricultural practices. For example, India’s Pradhan Mantri Krishi Sinchayee Yojana and National Food Security Mission promote certified seed distribution through subsidies and awareness programs. Similarly, China and Brazil have launched seed modernization schemes to enhance crop output. In Africa, the Alliance for a Green Revolution (AGRA) is working with governments to develop local seed systems. These initiatives reduce costs and enhance access to improved seeds, especially for smallholder farmers, thereby fostering seed market growth in developing regions.

Rising demand for high-yielding and disease-resistant crop varieties is driving growth in the seed market. Farmers are rapidly adopting hybrid seeds to improve productivity and mitigate risks related to climate variability and pests. Additionally, government subsidies and relief packages—especially in emerging economies—are bolstering seed sales post-pandemic.

Asia Pacific leads the global seed market share due to vast agricultural land, high crop diversity, and a growing demand for high-yielding and hybrid seeds. Government initiatives promoting sustainable agriculture, especially in India and China, are spurring innovation in seed technologies. The rising population fuels food demand, necessitating advanced seed varieties.