“Global Organic Seed Market to reach a market value of USD 8.7 Billion by 2030 growing at a CAGR of 14%”
The Global Organic Seed Market size is expected to reach $8.7 billion by 2030, rising at a market growth of 14.0% CAGR during the forecast period. In the year 2022, the market attained a volume of 531.9 Million Units, experiencing a growth of 13.9% (2019-2022).
North America has seen a significant rise in consumer awareness and demand for organic products, including organic seeds. Therefore, North America segment captured $1,057.9 million revenue in the market in 2022. Consumers increasingly opt for organic produce due to food safety, environmental sustainability, and personal health concerns. The adoption of organic farming practices has increased in North America. Farmers are increasingly transitioning to organic methods, driven by consumer demand and a desire to engage in sustainable and environmentally friendly agriculture. Therefore, all these factors will boost the demand in the segment.
There is a growing trend among consumers to prioritize their health by seeking out food products that are free from synthetic chemicals and pesticides. Organic products, including those grown from the seeds, are often associated with a healthier lifestyle. Growing awareness of environmental issues, such as soil degradation, water pollution, and the impact of conventional farming practices on ecosystems, has led consumers to support more sustainable agricultural methods. Organic farming, which avoids synthetic inputs, is often considered more environmentally friendly. In addition, consumers are increasingly concerned about the residues of synthetic pesticides, herbicides, and fertilizers present in conventional food products. Additionally, advances in breeding techniques focus on developing varieties with improved yield potential. This helps address concerns about lower yields often associated with organic farming, making organic agriculture more attractive to farmers. Developing disease-resistant organic seed varieties is crucial for organic farmers who are limited in using synthetic pesticides. An increasing number of consumers value their health more by actively searching for food devoid of synthetic chemicals and pesticides. In addition, organic farming involves unique practices, such as avoiding synthetic fertilizers and pesticides. Therefore, these aspects will help expand the market.
However, organic farming prohibits or limits synthetic pesticides, herbicides, and fertilizers. Instead, organic farmers rely on natural alternatives, which may be more labor-intensive and costly. Obtaining and maintaining organic certification can be an added expense for farmers. Certification involves compliance with specific standards, documentation, and periodic inspections, all contributing to the overall production costs. In addition, organic farming often emphasizes crop rotation and diversification to improve soil health and reduce reliance on external inputs. While beneficial in the long term, these practices may require more planning and resources compared to conventional monoculture. Organic farmers employ alternative methods without synthetic pesticides, such as crop rotation, companion planting, and manual weeding. Therefore, these factors are expected to restrain the growth of the market.
Based on product, the market is segmented into vegetable seed, field crop seed, fruits & nuts, and others. The vegetable seed segment held the largest revenue share in the market in 2022. Increasing health and nutrition awareness has driven consumers to seek organic produce, including vegetables. The perception that organic vegetables are free from synthetic pesticides and genetically modified organisms (GMOs) contributes to the growing demand for organic vegetable seeds. These factors will help in the expansion of the segment.
Free Valuable Insights: Global Organic Seed Market size to reach USD 8.7 Billion by 2030
By region, the market is segmented into North America, Europe, Asia Pacific, and LAMEA. In 2022, the Europe segment acquired a considerable revenue share in the market. Europe has seen a considerable increase in consumer awareness and demand for organic products. Consumers are more conscious of health and environmental sustainability, driving the demand for organic seeds and products. The European Union has stringent regulations governing organic farming practices. Clear standards and regulations for organic certification contribute to expanding the market, as consumers trust products that adhere to these standards. Owing to these aspects, the segment will witness enhanced growth in the coming years.
Report Attribute | Details |
---|---|
Market size value in 2022 | USD 3.1 Billion |
Market size forecast in 2030 | USD 8.7 Billion |
Base Year | 2022 |
Historical Period | 2019 to 2021 |
Forecast Period | 2023 to 2030 |
Revenue Growth Rate | CAGR of 14% from 2023 to 2030 |
Number of Pages | 189 |
Number of Table | 350 |
Quantitative Data | Volume in Million Units, Revenue in USD Billion, and CAGR from 2019 to 2030 |
Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives |
Segments covered | Product, Region |
Country scope |
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Companies Included | Mars, Inc., Fedco Seeds, Inc., Johnny's Selected Seeds, High Mowing Organic Seeds, Baker Creek Heirloom Seed Co, Enza Zaden Beheer B.V., De Bolster BV, Rijk Zwaan Zaadteelt en Zaadhandel B.V., Southern Exposure Seed Exchange and Territorial Seed Company |
By Product (Volume, Million Units, USD Billion, 2019-2030)
By Geography (Volume, Million Units, USD Billion, 2019-2030)
The Market size is projected to reach USD $8.7 billion by 2030.
Government initiatives and regulations are driving the Market in coming years, however, Transition period challenges for farmers restraints the growth of the Market.
Mars, Inc., Fedco Seeds, Inc., Johnny's Selected Seeds, High Mowing Organic Seeds, Baker Creek Heirloom Seed Co, Enza Zaden Beheer B.V., De Bolster BV, Rijk Zwaan Zaadteelt en Zaadhandel B.V., Southern Exposure Seed Exchange and Territorial Seed Company
The expected CAGR of this Market is 14.0% from 2023 to 2030.
In the year 2022, the market attained a volume of 531.9 Million Units, experiencing a growth of 13.9% (2019-2022).
The North America region dominated the Market, by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2.8 billion by 2030.
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