세계 종자 시장 규모는 2023년 726억 2,000만 달러에서 2031년 1,089억 4,000만 달러에 달하고, 2024-2031년의 예측 기간 동안 연평균 5.20% 성장할 것으로 예상됩니다. 시장은 식량 생산에 대한 수요와 농업 기술 향상에 힘입어 큰 폭의 성장이 예상됩니다. 작물 수확량 증가에 대한 요구는 인구 및 도시화율 증가와 결합하여 농부들이 하이브리드 종자와 같은 고품질 종자를 사용하도록 유도하고 있습니다. 이러한 유형의 종자는 일반적으로 해충 저항성, 가뭄 저항성, 높은 생산 능력과 같은 유리한 특성을 가지고 있어 농부들의 선호도가 높아 시장 성장을 가속하고 있습니다.
하이브리드 종자는 작물 수확량을 향상시킬 수 있는 능력으로 인해 기존 종자보다 인기가 높습니다. 또한, 유전자 변형(GM) 종자는 해충, 질병 및 환경 스트레스에 대한 내성을 갖도록 하는 기능을 포함하고 있기 때문에 현대 농업에서 혁명적이라고 할 수 있습니다.
기후 변화에 강하고 영양가 높은 작물 개발의 일환으로 식량 안보와 지속가능성에 대한 관심과 기술 발전이 증가하고 있습니다. 또한, 종자 처리에는 병원균으로부터 종자를 보호하고 발아를 촉진하는 생물학적 또는 화학적 옵션이 포함될 수 있습니다.
현재 북미와 유럽에서는 현대 농업 기술의 사용이 급증하고 있습니다. 아시아태평양의 일부 신흥국들은 농업에 대한 투자가 증가하고 정부가 농업 생산성 향상을 위한 노력을 기울이고 있어 다른 지역보다 더 빠른 성장이 예상됩니다.
종자 시장은 유전자변형 작물에 대한 규제 제약, 상품 가격 변동, 생물다양성 손실에 대한 사회적 우려 등 중요한 문제에 직면해 있습니다. 이러한 장애물에도 불구하고, 시장은 세계 식량 불안에 대응하고 기후 변화에 대응하는 데 중요한 역할을 하고 있습니다.
2023년 1월, 러시아-우크라이나 전쟁으로 인한 문제를 해결하기 위해 미국 국제개발처(USAID)와 바이엘 AG는 협력하여 우크라이나 농부들에게 고품질 채소 종자를 공급했습니다. 바이엘 AG는 USAID의 AGRI-Ukraine(Agricultural Resilience Initiative for Ukraine)을 지원하기 위해 기부금을 전달했습니다. 이번 협력을 통해 바이엘 AG의 신선한 당근 씨앗은 USAID를 통해 우크라이나의 가난한 농부들에게 전달될 예정입니다.
2023년 10월, 바이엘 AG는 Seminis 종자 시리즈에 속하는 ComandanTY Tomato와 TigerGrey Zucchini를 출시했습니다. 두 제품 모두 농가의 생산성을 향상시키고 최종 소비자에게 더 높은 품질과 맛을 제공하는 것을 목표로 하는 솔루션입니다.
고수율 종자의 보급으로 시장 확대 촉진
고수확 종자는 농작물 생산성을 향상시키고 식량 수요를 충족시키려는 농부들에게 수확량을 향상시켜주기 때문에 전 세계 종자 시장의 주요 실현 요인이 되고 있습니다. 특히 하이브리드 품종과 유전자 변형 품종은 내병성, 해충 저항성, 가뭄이나 이상기후와 같은 환경적 스트레스에 대한 적응력 향상 등 개선된 형질을 제공합니다. 2023년 12월 Corteva Agriscience의 PhytoGen 브랜드는 2024년산 면화 품종 PHY 137 W3E1과 PHY 475 W3FE 두 가지 새로운 품종을 발표했습니다. PHY 137 W3E1은 조생종에서 중생종으로 성숙하는 업랜드(Upland) 품종이며, PHY 475 W3FE는 관리하기 쉬운 중생종에서 풀시즌 업랜드(Upland) 품종입니다. 두 품종 모두 세균성 병과 뿌리혹선충에 대한 유전적 저항성을 가지고 있습니다.
하이브리드 종자는 원하는 특성을 가진 두 개의 모종을 교배하여 개발하기 때문에 작물의 균일성이 보장되고, 기존 종자보다 수확량이 많습니다. 반면, 유전자 변형 종자는 해충, 질병, 가뭄, 제초제 등의 스트레스 요인에 대한 저항성을 향상시키기 위해 유전자 조작을 통해 개량된 종자입니다. 이러한 번식력이 높은 종자의 사용은 식량 불안정 문제가 있거나 농업 환경이 열악한 지역에서 두드러지게 나타납니다.
이 보고서는 세계 종자 시장에 대해 조사 분석하여 시장 규모와 예측, 시장 역학, 주요 기업 현황과 전망 등의 정보를 제공합니다.
Global seeds market is projected to witness a CAGR of 5.20% during the forecast period 2024-2031, growing from USD 72.62 billion in 2023 to USD 108.94 billion in 2031. The market is expected to experience substantial growth, spearheaded by the demand for food production and improvements in farming technologies. The need for increased crop yields has been netted to a rising population and urbanization rate, pushing farmers towards using better quality seeds such as hybrid seeds. Such types of seeds usually possess favorable characteristics, including pest resistance, drought tolerance, and higher production capacity, leading to greater preference by cultivators and driving the growth of the market.
Hybrid seeds have become more popular than traditional seeds due to their ability to improve crop yield. Furthermore, genetically modified (GM) seeds are revolutionary in contemporary farming since they incorporate features that make them resistant to pests, diseases, and environmental stresses.
As part of the development of climate-resilient and high-nutrient crops, there is an increase in food security and sustainability concerns and technological advancements. Moreover, seed treatments may entail biological or chemical options, which protect seeds against pathogens and promote their germination.
At present, North America and Europe are experiencing a tremendous surge in the use of modern farming techniques. Also, some emerging economies in Asia-Pacific are expected to grow faster than others due to higher investments in agriculture and governments launching initiatives that aim at improving agricultural productivity.
The seeds market faces key challenges such as regulatory constraints regarding GMOs, volatility in commodity pricing, and public concerns about the loss of biodiversity. Despite these obstacles, the market plays a vital role in combating global food insecurity and tackling climate change.
In January 2023, to help with the problem caused by Russia-Ukraine war, the U.S. Agency for International Development (USAID) and Bayer AG collaborated to supply premium vegetable seeds to Ukrainian farmers. Bayer AG made the donation in support of USAID's Agriculture Resilience Initiative for Ukraine (AGRI-Ukraine). The collaboration allowed a fresh supply of carrot seeds from Bayer AG to be distributed by USAID to the needy Ukrainian farmers.
In October 2023, Bayer AG launched ComandanTY Tomato and the TigerGrey Zucchini, belonging to Seminis seed range. Both the solutions aimed at improving the productivity of farmers and offering more quality and taste to the final consumers.
Increasing Adoption of High-Yielding Seeds Catalyze Market Expansion
Primarily, for farmers aiming at increasing crop productivity and satisfying food demands, high-yielding seeds are the key enablers in the global seeds market as they enhance yield. In particular, hybrid and GM varieties offer improved traits including disease resistance, pest tolerance, and improved capability to adapt to environmental stresses, such as drought and extreme weather conditions. Thus, it appeals to farmers who want to increase their output while minimizing risks. In December 2023, two new cotton varieties for 2024 were introduced by Corteva Agriscience's PhytoGen brand, PHY 137 W3E1 and PHY 475 W3FE. While PHY 137 W3E1 is an Upland variety that matures early to midway, PHY 475 W3FE is an easy-to-manage, mid-to-full season Upland variety. Both varieties possess genetic resistance against bacterial blight and root-knot nematodes.
Hybrid seeds ensure uniformity in crops and offer more yield than traditional seeds as they are developed by crossbreeding two parent plants with desirable characteristics. On the contrary, genetically modified seeds are enhanced through genetic engineering to improve their ability to resist pests, diseases, drought, herbicides, and other stress factors, thus reducing considerably the use of chemical inputs and manual labor. The use of such seeds with high fertility is evident in areas with food insecurity issues and difficult agricultural circumstances.
Innovations in Seed Biotechnology Fuel the Market Growth
The latest developments in seed biotechnology are transforming the agricultural sector as they improve the quality, yield, and resilience of crops. With the help of gene alteration technologies such as genetic engineering, genome editing, or molecular breeding, scientists are able to create seeds that are specifically tailored to overcome challenges such as pests, climate change, and nutritional deficiencies. For instance, in March 2024, Protealis NV, a leading provider of sustainable plant protein seeds and seed technology, introduced four new soy seed variants. Despite Northern Europe's shorter (colder) growing season, PRO Vesuvio, PRO Helicon, PRO Taranaki, and PRO Jacinto have been raised specifically to produce high yield and high protein content.
Due to their ability to resist pests, tolerate herbicides, and withstand environmental stresses, such as drought and extreme temperatures, GM seeds are the most visible advances in seed biotechnology. It reduces the use of dangerous chemicals and promotes more sustainable agricultural practices. Additionally, CRISPR technology is another improvement that enables the precise editing of genes to modify crops into varieties with improved characteristics such as higher nutritional value, better disease resistance and faster growth rates.
Oilseeds and Pulses Capture a Substantial Market Share
The substantial market is captured by oilseeds and pulses in the global seeds market, driven by the increasing demand for food and non-food utilities. For instance, soybean, sunflower, canola, and cottonseed form vegetable oils in addition to biodiesel and animal feeds, making them highly desirable crops. Moreover, oilseeds are rich in healthy fats and proteins that have further increased their demand due to the growing health consciousness and shift towards plant-based diets. In July 2024, with the addition of 19 new items for the 2025 growing season, BASF SE extended the range of its Xitavo soybean seeds. With new additions, there are now 46 products in the Xitavo soybean seed range, ranging in relative maturities from 0.0 to 4.8. This new source of germplasm for soybean seeds provides much-needed genetic diversity to assist improved yields, lower risk from heightened climatic difficulties, and reduce the strain of diseases that farmers generally face.
The central role of pulses such as lentils, beans, and chickpeas cannot be overemphasized in developing regions where they are considered as a major source of protein. In developed nations however, health-conscious markets have fueled an increasing demand for plant-based proteins, thus creating a high demand for pulses. Moreover, fixing nitrogen into the soil through putrefaction would lead to less reliance on non-natural fertilizers, promoting sustainable agriculture.
North America Dominates the Market Share
The global seeds market is dominated by North America, which is propelled by improved farming methods, high adaptation rates of biotechnology and substantial research and development capacity. Particularly, the United States and Canada are ahead of the region in seed production and innovation with huge investments directed to GM seeds and hybrid seeds. These are used extensively for crops such as corn, soybeans, and cotton, which are staple goods in local farming.
Besides, several prominent seed companies in North America make the market stronger. These market players invest heavily in creating seeds with better characteristics, including resistance to herbicides, insect pests, and drought, that help increase crop production and ensure food security. In March 2023, Corteva Inc., Bunge Global SA, and Chevron U.S.A. Inc. collaborated to launch exclusive winter canola hybrids that yield a lower carbon profile plant-based oil. The objective is to make more vegetable oil feedstocks available, mainly for the expanding domestic market for renewable fuels. With a sustainable crop rotation, the firms hope to give farmers a new source of income by introducing the winter canola crop.
Given the increasing global demand for quality seeds, North America continues to lead innovation and influence the future of the global seed market.
Future Market Scenario (2024 - 2031F)
The increase in the global food demands caused by population growth will accelerate the uptake of GM and hybrid seeds as these seeds have higher yields, better pest resistance, and greater adaptation to climate change.
There is a high anticipation of an increased demand for non-GM seeds, bio-fortified strains, and seed treatments that are kind to the environment.
Using innovative techniques, such as CRISPR Gene Editing, for crop production and precision farming tools will improve the quality of seeds and increase the yield, enabling farmers to manage various challenges of climate and achieve highest possible seed performance.
Key Players Landscape and Outlook
The key players in the global seeds market are shaping the industry's landscape through innovation, strategic mergers, and acquisitions. Major companies lead the market with robust portfolios that include genetically modified (GM) seeds, hybrid varieties, and advanced seed treatments. These firms invest heavily in research and development to create high-yielding seeds with improved traits such as pest resistance, drought tolerance, and enhanced nutritional content.
The market outlook for these key players is promising, with ongoing efforts to address global food security and sustainability challenges. Companies are focusing on expanding their product offerings and geographic reach to capture emerging markets in Asia-Pacific, Latin America, and Africa. Additionally, the rise of sustainable and organic farming practices is prompting these players to innovate in seed biotechnology and eco-friendly solutions.
Strategic partnerships, acquisitions, and mergers are a significant trend, as companies seek to leverage complementary strengths and access new technologies. For instance, in October 2023, Sakata Seed Corporation acquired Brazil-based Isla Sementes LTDA. By utilizing their respective sales networks, the two businesses, which have minimal overlap in terms of sales network, sales area, customer base, and product portfolio, hope to generate demand and attract new clients through this acquisition.
All segments will be provided for all regions and countries covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.