Global Seed Market is expected to reach USD 93 billion by 2030, growing at a CAGR of ~7% during the forecast period (2023-2030). Moreover, the market for Global Seed was ~USD 67 billion in 2023. Further, Global Seed Market is Segmented by Breeding Technology (Hybrids, Open Pollinated Varieties & Hybrid Derivatives), by Cultivation Mechanism (Open Field, Protected Cultivation), by Crop Type (Row Crops, Vegetables) and by Region (Asia-Pacific, Africa, Europe, Middle East, North America, South America).

Breeding Technology

The global seeds market is segmented by breeding technology into hybrids, open pollinated varieties (OPVs), and hybrid derivatives. Hybrid seeds are the most widely used type of seed in the global market, accounting for a share of over 60% in 2022. Hybrid seeds are produced by crossing two genetically different parents, which results in offspring with superior traits such as increased yield, disease resistance, and insect tolerance. OPVs are seeds that are produced from open pollination, which means that they are not the result of a controlled breeding program. OPVs are typically less expensive than hybrid seeds, but they may not offer the same level of performance. Hybrid derivatives are seeds that are produced from a cross between a hybrid and an OPV. Hybrid derivatives offer some of the benefits of hybrid seeds, such as increased yield, but they are typically less expensive than pure hybrid seeds.

Cultivation Mechanism

The global seeds market is segmented by cultivation mechanism into open field and protected cultivation. Open field cultivation is the most common type of cultivation, accounting for a share of over XX% in 2022. Open field cultivation is the practice of growing crops in outdoor fields. Protected cultivation is the practice of growing crops in controlled environments, such as greenhouses or tunnels. Protected cultivation is used to protect crops from adverse weather conditions and pests.

Crop Type

The global seeds market is segmented by crop type into row crops, vegetables, and fruits. Row crops are the largest segment of the global seeds market, accounting for a share of over XX% in 2022. Row crops are crops that are planted in rows, such as corn, soybeans, and wheat. Vegetables are crops that are typically eaten as part of a meal, such as tomatoes, cucumbers, and peppers.  Fruits are crops that are typically eaten as a snack or dessert, such as apples, oranges, and bananas.

Region

The global seeds market is segmented by region into Africa, Asia-Pacific, Europe, Middle East, North America, and South America. North America is the largest region in the global seeds market, accounting for a share of over XX% in 2022. North America is a major producer of row crops, such as corn and soybeans. Asia-Pacific is the second largest region in the global seeds market. Asia-Pacific is a major producer of rice, wheat, and vegetables. Europe is the third largest region in the global seeds market. Europe is a major producer of wheat, corn, and fruits. The Middle East is the fourth largest region in the global seeds market, accounting for a share of over XX% in 2022. The Middle East is a major producer of wheat, barley, and vegetables. South America is a major producer of soybeans, corn, and fruits. The global seeds market is expected to grow at a CAGR of ~7% from 2023 to 2028. The growth of the global seeds market is being driven by a number of factors, including the increasing demand for food, the growing population, and the rising adoption of new technologies in the agricultural sector. The increasing demand for food is a major driver of the global seeds market. The global population is expected to reach 9.7 billion by 2050, and this will put a strain on the global food supply. Seeds are essential for crop production, and the demand for seeds is expected to grow in order to meet the increasing demand for food. The growing population is another driver of the global seeds market. The global population is growing at a rate of 1.1% per year, and this is leading to an increase in the demand for food. Seeds are essential for crop production, and the demand for seeds is expected to grow in order to meet the increasing demand for food. The rising adoption of new technologies in the agricultural sector is also driving the global seeds market. New technologies, such as genetic engineering and precision agriculture, are being used to improve crop yields and reduce the use of agricultural inputs. This is leading to an increase in the demand for seeds that are compatible with these new technologies.

Some of the key players in the global seeds market include:

1. Bayer AG
2. Syngenta Group Co., Ltd.
3. Groupe Limagrain Holding
4. Corteva, Inc.
5. Sakata Seeds Corporation
6. Rallis India Limited
7. Bejo Seeds
8. KWS SAAT SE
9. Takii & Co., Ltd.

These companies are engaged in the research, development, production, and marketing of seeds. They have a strong presence in the global seeds market, and they are well-positioned to capitalize on the growth opportunities in the market. The global seeds market is a competitive market. The competition is intense, and the players are constantly innovating to stay ahead of the competition. The market is expected to remain competitive in the coming years. The global seeds market is a promising market. The market is expected to grow in the coming years, and the players are well-positioned to capitalize on the growth opportunities in the market.