Commercial Seeds Market growing at a CAGR of 8.4% from 2025 to 2030
The global commercial seeds market size was valued at USD 85.42 billion in 2024 and is projected to reach USD 138.32 billion by 2030, growing at a CAGR of 8.4% from 2025 to 2030. The ability of commercial seeds to optimize crop yield while reducing arable land is a major driver of this market.
Key Market Trends & Insights
- The North America commercial seeds market accounted for the largest global revenue share of 33.5% in 2024.
- The U.S. accounted for a dominant revenue share in the regional market in 2024.
- Based on product, the maize (corn) segment accounted for the largest revenue share of 35.9% in the global commercial seeds industry in 2024.
- Based on genetically modified seeds, the soybean segment accounted for a leading revenue share in the global market in 2024.
Market Size & Forecast
- 2024 Market Size: USD 85.42 Billion
- 2030 Projected Market Size: USD 138.32 Billion
- CAGR (2025-2030): 8.4%
- North America: Largest market in 2024
Request Free Sample Report: https://www.grandviewresearch.com/industry-analysis/commercial-seeds-market/request/rs1
As the global population is poised to reach 9.7 billion by 2050, there is an urgent demand for increasing crop production through technologies and innovative cultivation processes. The steadily rising per capita disposable income, particularly in developing economies, has led to the extensive and inefficient consumption of food resources. This is expected to present a significant opportunity to market players, as commercial seeds are known to improve crop yield compared to farm seeds.
In recent years, constant research in molecular biology has resulted in the faster and cheaper mapping of the genetic codes of plants. Continued technological advancements are expected to enable gene-edited crops to play an important role in improving food security, increasing crop resilience to climate change, and meeting the demands of a growing global population. The emergence of genetically modified (GM) seeds has empowered farmers to efficiently address major agricultural challenges, such as high demand, through increased production. The development of GM seeds that provide traits such as insect resistance (Bt cotton, Bt maize), herbicide tolerance (glyphosate-resistant crops), and drought tolerance (drought-resistant maize) has significantly boosted the demand for commercial GM seeds. Seeds designed for lower input requirements, such as less fertilizer, water, or pesticides, are becoming increasingly popular. These include drought-resistant and pest-resistant varieties that help farmers save on costs while producing high-quality crops.
The need for higher crop yields to meet global food requirements is a major driver of the commercial seeds industry. Hybrid and GM seeds, which typically offer higher productivity, have become appealing because they help farmers achieve greater efficiency in their operations. The growing impact of climate change in terms of unpredictability in weather patterns and increased frequency of droughts has surged the demand for drought-resistant seeds. Drought-resistant varieties, particularly in water-scarce regions, are critical for maintaining crop yields. In addition to drought resistance, seeds that can tolerate extreme temperatures, flood conditions, or other climate-related stresses are increasingly becoming popular among stakeholders in the market. This includes crops such as heat-tolerant maize, flood-resistant rice, and crops that can survive in saline soils. Governments often play a key role in driving demand for commercial seeds through subsidies, grants, or incentives. These strategies encourage the adoption of high-yielding or environmentally sustainable crops, aiding market growth.
Commercial Seeds Market Report Scope
|
Report Attribute |
Details |
|
Market size value in 2025 |
USD 92.45 billion |
|
Revenue forecast in 2030 |
USD 138.32 billion |
|
Growth Rate |
CAGR of 8.4% from 2025 to 2030 |
|
Base year for estimation |
2024 |
|
Historical data |
2018 – 2023 |
|
Forecast period |
2025 – 2030 |
|
Quantitative units |
Revenue in USD billion and CAGR from 2025 to 2030 |
|
Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
|
Segments covered |
Product, genetically modified (GM) seeds product, region |
|
Regional scope |
North America, Europe, Asia Pacific, Latin America, MEA |
|
Country scope |
U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, China, Japan, India, Australia, South Korea, Brazil, South Africa |
|
Key companies profiled |
Syngenta Global AG; Vilmorin-Mikado; KWS SAAT SE & Co. KGaA; Bayer Group; Dow; Rijk Zwaan Zaadteelt en Zaadhandel B.V.; SAKATA SEED AMERICA; TAKII & CO.,LTD.; Corteva; Advanta Seeds |
|
Customization scope |
Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
|
Pricing and purchase options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |