Global Custom Selected Seed Market Size, Share, and COVID-19 Impact Analysis, By Product (Cereals, Vegetables, Oilseed, Fruits, Others), By Trait (Disease Resistant, Herbicide Tolerant, Drought Resistant, Non-genetically Modified), By Cultivation Method (Open Field (OF), Controlled Environment Agriculture (CEA)), By Packaging (Bulk Packaging, Containers, Bags, Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022 - 2032
Industry: AgricultureGlobal Custom Selected Seed Market Size Insights Forecasts to 2032
- The Global Custom Selected Seed Market Size was valued at USD 18.65 Billion in 2022
- The Market Size is Growing at a CAGR of 6.2% from 2022 to 2032
- The Worldwide Custom Selected Seed Market Size is expected to reach USD 34.23 Billion by 2032
- North America is expected to Grow the fastest during the forecast period
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The Global Custom Selected Seed Market Size is expected to reach USD 34.23 billion by 2032, at a CAGR of 6.2% from 2022 to 2032.
The custom seeds are intended to increase crop yield and performance, resulting in increased demand. Custom-selected seeds are frequently bred to be resistant to specific diseases and pests found in farm. As climatic conditions change, there is an increasing demand for custom-selected seeds that can thrive in specific climates, such as drought-resistant seeds, heat-tolerant seeds, and cold-hardy varieties. In addition, custom selected seeds that serve to specialty and niche crops such as organic produce, heirloom varieties, and crops used in specific ethnic cuisines are in high demand. Precision agriculture, remote sensing, and data analytics are all having an impact on the custom selected seed market. Farmers are using data-driven insights to make informed seed selection decisions based on the conditions of their specific fields. Furthermore, the global market in agricultural practises is one of the key trends influencing the custom selected seeds market. Precision farming is encouraging farmers to use specially selected seeds. These seeds enable farmers to produce large amounts of high-quality agricultural products. As a result, sales of custom selected seeds are expected to increase rapidly. Furthermore, farmers are showing a strong preference for purchasing custom-selected seeds. This is due to increased awareness of the benefits of using improved seed varieties. Custom-selected seeds have advantages over standard seeds. This includes increased yields, better nutritional quality, less crop damage, disease resistance, and so on.
Custom Selected Seed Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2022 |
Market Size in 2022: | USD 18.65 Billion |
Forecast Period: | 2022-2032 |
Forecast Period CAGR 2022-2032 : | 6.2% |
2032 Value Projection: | USD 34.23 Billion |
Historical Data for: | 2020-2021 |
No. of Pages: | 180 |
Tables, Charts & Figures: | 120 |
Segments covered: | By Product, By Trait, By Cultivation, By Packaging, By Region |
Companies covered:: | Shanghai Touch healthy Biotechnology Co., Ltd, Hebei Shuangxing Seeds Co., Ltd., Beijing Mantian Seeds Co., Ltd., Bayer Group, Clover Seeds, US Agri seeds, Genesis Seeds Ltd., Nirit Seeds Ltd., Sandia Seed Company, Tyler Farms, Anseme Srl, Tokita Seeds Co., Emerald Seed Company, and Others. |
Pitfalls & Challenges: | Covid-19 Empact,Challenges,Growth, Analysis, |
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Driving Factors
Rising demand for advanced agricultural technologies to increase crop yields will boost the market growth. Agricultural companies and farmers are turning to technologies such as IoT to meet the demand for more food. Advanced technologies provide crucial data on rainfall, soil nutrition, crop yields, and pest infestation. This type of information is useful for improving production. It also provides precise data for improving farming techniques and product quality. Furthermore, increased food production is driven by population growth. This demand benefits the customised seed industry, which provides tailored solutions to maximise crop yields and adapt to varying regional conditions. Customised seeds are intended to improve crop quality and quantity, making them critical in feeding growing populations in a sustainable manner. As global food demand rises, customised seed demand is expected to rise as it assists in addressing these challenges.
Restraining Factors
Uncertainty in climatic conditions affects crop yield, resulting in crop loss increases disease on plants and insect attacks. Climate has a significant impact on agricultural crop production, and in some cases, climatic factors are the natural factors for crop production. However, the price of initial custom seed breeding is a major concern that is expected to hamper market growth. Furthermore, unorganised market penetration of new products with a low profit-to-cost ratio is expected to limit market growth during the forecast period.
Market Segmentation
By Product Insights
The oilseed segment dominates the market with the largest revenue share over the forecast period.
On the basis of product, the global custom selected seed market is segmented into cereals, vegetables, oilseed, fruits, and others. Among these, the oilseed segment is dominating the market with the largest revenue share over the forecast period. These speciality oilseeds offer a variety of oil compositions, flavour profiles, and nutritional advantages, and are designed to satisfy certain market and customer demands. Custom-selected oilseeds are becoming more popular as a result of the growing emphasis on better diets and the food industry's need for novel ingredients. These oilseeds offer tailored solutions for a range of culinary and nutritional uses.
By Trait Insights
The herbicide tolerant segment is witnessing significant CAGR growth over the forecast period.
On the basis of trait, the global custom selected seed market is segmented into disease resistant, herbicide tolerant, drought resistant and non-genetically modified. Among these, the herbicide tolerant segment is witnessing significant growth over the forecast period. Custom-selected seeds with herbicide tolerance traits enable farmers to manage weeds with specific herbicides, making weed control more effective. Custom-selected seeds with pest-resistant traits are in high demand because they provide natural pest protection.
By Cultivation Method Insights
The controlled environment agriculture (CEA) segment accounted for the largest revenue share over the forecast period.
On the basis of cultivation method, the global custom selected seed market is segmented into open field (OF) and controlled environment agriculture (CEA). Among these, the controlled environment agriculture (CEA) segment dominates the market with the largest revenue share over the forecast period. The most advanced systems include fully automated closed-loop lighting, water, and ventilation systems. CEA also includes common practises such as covering field-grown crops with plastic film, using nets or shade structures, and using aquaponics systems, which combine fish or aquaculture with plant production.
By Packaging Insights
The bulk packaging segment is expected to hold the largest share of the global custom selected seed market during the forecast period.
based on the packaging, the global custom selected seed market is classified into bulk packaging, containers, bags. Among these, the bulk packaging segment is expected to hold the largest share of the custom selected seed market during the forecast period. Custom-selected seeds in bulk packaging meet the needs of both individual gardeners and commercial growers, driving market growth in the forecast period.
Regional Insights
Asia Pacific dominates the market with the largest market share over the forecast period.
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Asia Pacific is dominating the market with the largest market share over the forecast period. The demand for specialised crops is being driven by rising population and shifting dietary preferences. Furthermore, APAC's diverse agro-climatic conditions necessitate custom seeds to optimise crop production. Rising agricultural investments, combined with advancements in seed technology and distribution networks, are driving the growth of the Asia Pacific custom-selected seed industry. Farmers in India are gradually shifting their preferences to custom-selected seeds. They are willing to pay a premium for high-quality seeds. The use of these seeds enables them to produce large amounts of high-quality fruits, vegetables, and other crops. As a result, the environment for the custom selected seed industry is improving.
North America is expected to grow the fastest during the forecast period. Crops in North America are diverse, including specialty crops such as fruits, vegetables, and niche products. Custom selected seeds with specific traits that cater to these speciality crops are in high demand. The fruits & vegetables segment is also growing rapidly due to the increasing demand for fresh produce and the need for improved quality and yield.
List of Key Market Players
- Shanghai Touch healthy Biotechnology Co., Ltd
- Hebei Shuangxing Seeds Co., Ltd.
- Beijing Mantian Seeds Co., Ltd.
- Bayer Group
- Clover Seeds
- US Agri seeds
- Genesis Seeds Ltd.
- Nirit Seeds Ltd.
- Sandia Seed Company
- Tyler Farms
- Anseme Srl
- Tokita Seeds Co.
- Emerald Seed Company
Key Market Developments
- On February 2023, Corteva has introduced 'Optimum GLY Conala.' It is a cutting-edge herbicide-resistant trait technology for canola farmers. In Canada and the United States, Optimum GLY canola will be available for commercial planting through Corteva Agriscience seed brands Pioneer and Brevant seeds.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2032. Spherical Insights has segmented the global custom selected seed market based on the below-mentioned segments:
Custom Selected Seed Market, Type Analysis
- Cereals
- Vegetables
- Oilseed
- Fruits
- Others
Custom Selected Seed Market, Traits Analysis
- Disease Resistant
- Herbicide Tolerant
- Drought Resistant
- Non-genetically modified
Custom Selected Seed Market, Packaging Analysis
- Bulk Packaging
- Containers
- Bags
- Others
Custom Selected Seed Market, Regional Analysis
- 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 Middle East & Africa
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