Global Wheat Seed Market Size to Exceed USD 9.2 Billion by 2033: Forecast Analysis Report

Global Wheat Seed Market Size to Exceed USD 9.2 Billion by 2033

According to a research report published by Spherical Insights & Consulting, the Global Wheat Seed Market Size is Expected to Grow from USD 6.1 Billion in 2023 to USD 9.2 Billion by 2033, at a CAGR of 4.19% during the forecast period 2023-2033.  

Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Wheat Seed Market Size, Share, and COVID-19 Impact Analysis, By Breeding Technology (Hybrids, and Open Pollinated Varieties & Hybrid Derivatives), By Type (Spring Wheat Seeds and Winter Wheat Seeds), By End-User (Institutes and Farms), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.

In order to create wheat crops, farmers plant little, dry grains called wheat seeds, which are the reproductive units of the wheat plant. A member of the grass family, wheat is a cereal grain that is one of the most extensively cultivated crops in agriculture. Wheat seeds are important in many different fields. As one of the most extensively farmed cereal crops in the agricultural industry, wheat seeds are essential for growing wheat. Furthermore, the need for wheat and wheat seeds is further driven by the growing population, which also raises the demand for food. Wheat-based products, such as processed foods and baked goods, are consumed more frequently than other lower-quality commodities prior to the increase in income due to shifting dietary preferences brought on by economic expansion and increased per capita income. This is because of its nutritious qualities; wheat is in high demand as animal feed due to the growth of the livestock industry. However, for wheat seeds to maintain their quality and integrity, particular climatic factors are necessary, such as low moisture content and consistent temperatures

The open-pollinated varieties & hybrid derivatives segment is anticipated to hold the largest share of the global wheat seed market during the forecast period.

Based on the breeding technology the global wheat seed market is segmented into hybrids, and open-pollinated varieties & hybrid derivatives. Among these, the open-pollinated varieties & hybrid derivatives segment is anticipated to hold the largest share of the global wheat seed market during the forecast period. Natural pollination is used to breed open-pollinated varieties (OPVs) & hybrid derivatives, preserving genetic diversity within a population. It has benefits like adaptability to local conditions, potential for seed storage, and genetic robustness. The market demand for this technology is driven by additional advantages it offers, including uniformity in development and maturity, disease resistance, and commercial attractiveness.

The spring wheat seeds segment is expected to hold the largest share of the global wheat seed market during the forecast period.  

Based on the type, the global wheat seed market is segmented into spring wheat seeds and winter wheat seeds. Among these, the spring wheat seeds segment is expected to hold the largest share of the global wheat seed market during the forecast period. Farmers choose spring wheat seeds because of their shorter growth season. Additionally, it has provided planting flexibility and climatic adaptation, enabling crop rotation and access to profitable markets. Spring wheat is harvested in the summer or early fall after being planted in the spring. This is because of its adaptable planting schedule; farmers can maximize crop output by modifying planting dates in response to weather circumstances.

The farms segment is promoted to hold the largest share of the global wheat seed market during the forecast period. 

Based on the end user, the global wheat seed market is divided into institutes and farms. Among these, the farms segment is promoted to hold the highest share of the global soil amendments market during the forecast period. This is due to their crucial role in wheat production and agricultural sustainability, farms are the main sources of demand for wheat seeds. In order to cultivate large tracts of land devoted to wheat crops each season, farms depend on a steady supply of high-quality wheat seeds. Purchasing wheat seeds is necessary because crop rotation, a popular farming technique, frequently entails growing wheat to enhance soil health and disrupt insect cycles.

North America is expected to hold the largest share of the global wheat seed market during the forecast period.  

North America is estimated to hold the largest share of the global soil amendments market during the forecast period. With a solid background in genetic engineering and biotechnology, North America leads the world in agricultural research and development. Leading seed firms and research institutes that produce high-quality seeds are located throughout North America. North America has a strong global market presence and exports a lot of agricultural goods, including seeds. The use of pesticides for wheat seed treatment is more common in North America. Its adoption of transgenics and other hybrids is higher.

Asia-Pacific is estimated to be the fastest-growing region in the global wheat seed market during the forecast period. The demand for many household items is increasing as economies expand rapidly. Food and pharmaceutical products both use spring wheat seeds. Spring wheat seeds are a less costly alternative to many cosmetic and personal care products. This is because of its diverse industrial applications, growing population, and increasing demand, Asia-Pacific has the biggest market for spring wheat seeds. Growing levels of consumer disposable income in developing nations like China and India are expected to fuel demand for processed foods, which will support industry growth.

Competitive Analysis

Major vendors in the global wheat seed market are Advanta Seeds, Agrovegetal, AGT, DuPont Pioneer, Groupe Limagrain, KWS, Monsanto, Northern Seeds, Pro Harvest, RAGT, and others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Key Market Development 

• In October 2024, In the North Eastern Plains Zones, which include Eastern Uttar Pradesh, Bihar, Jharkhand, Assam, and West Bengal, the most recent wheat variety to be released for timely irrigating circumstances is the Karan Vandana (DBW 187) by Nuziveedu Seeds Limited.

• In June 2021, the newest hybrid wheat seed brand from BASF is called Ideltis. It demonstrates the company's dedication to using innovative hybridization to alter wheat for long-term profitability. The goal of BASF's hybrid wheat is to advance one of the most important crops in the world by providing farmers with improved and more consistent yield and quality performance.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2032. Spherical Insights has segmented the global wheat seed market based on the below-mentioned segments:

Global wheat seed market, By Breeding Technology

• Hybrids
• Open Pollinated Varieties & Hybrid Derivatives

Global wheat seed market, By Type

• Spring Wheat Seeds
• Winter Wheat Seeds

Global wheat seed market, By End-User

• Institutes
• Farms

Global wheat seed market, By Regional 

• North America 
  • US
  • Canada
  • Mexico
• Europe 
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific 
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America 
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa 
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa