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

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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

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