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The Europe Seed Market size is projected to increase by USD 6.62 billion and the market size is estimated to grow at a CAGR of 7.71% between 2022 and 2027.
Rising demand for biofuels is the key factor driving the growth of the market. Biofuels are produced from energy crops such as wheat, soybeans, corn, rapeseed, and sugarcane. To reduce fossil fuel consumption and limit environmental pollution, the use of biofuels has recently gained attention, especially by government agencies. Additionally, traditional fuel consumption is decreasing and alternative fuel consumption is increasing in developed countries. Both current and future projections indicate a significant increase in biofuel feedstock production compared to current agricultural production. Therefore, increasing demand for biofuels is expected to drive the growth of the market during the forecast period.
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This report provides a detailed analysis of the market by Product (Conventional seeds and GM seeds ) and Type (Grain seeds and oil seeds, Fruits and vegetable seeds, and Others ).
Corn, wheat, and soybean are the largest segments in the grain seeds and oilseed market. Corn is used in the production of ethanol, sweeteners, and food starch. Soybeans are used to extract oil and for direct consumption. Additionally, both corn and soybean are also used as fodder for livestock. Market players are increasingly investing in (R&D) to create seeds with high-quality traits that would enhance gains yield. However, the decline in raw materials prices is impacting the market revenue. Likewise, strict patent and licensing agreements restrict GM and hybrid seed usage and lower the potential to develop new varieties. Nevertheless, owing to product and process innovations in seed technologies, the grain seeds and oil seeds segment of the market is expected to grow significantly during the forecast period
The market share growth by the conventional seeds segment will be significant during the forecast period. Conventional seeds are not hybridized or genetically modified (GM) and are cultivated in traditional systems using synthetic fertilizers and powerful pesticides. The rising trend towards organic farming continues to increase the demand as genetically modified seeds are prohibited in organic products. The conventional market of seed is growing due to consumer interest in sustainable organic farming.
The conventional seeds segment was valued at USD 6.84 billion in 2017.
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Natural breeding techniques are often used to grow conventional segment, resulting in higher yields and characteristics comparable to hybrid or genetically modified (GM) seeds. Additionally, these seeds are less costly and more tolerant to different growing environments. These characteristics are increasing the popularity of the conventional segment and will accelerate the growth of the conventional segment in the market during the forecast period.
The seeds market boasts a diverse range of offerings, including non-transgenic hybrids, GMO crops, and open-pollinated varieties, catering to various agricultural needs. Insect-resistant hybrids and row crops, such as corn and maize, play crucial roles in pest control and yield optimization. Companies like DLF Seeds provide solutions for forages, potatoes, cauliflower, and peas. With a growing emphasis on environmental stewardship and consumer satisfaction, the market continues to evolve, offering innovative products and technologies to sustain agricultural ecosystems and meet the demands of modern farming practices.
The predominant trend driving market growth is the rising utilization of seeds featuring advanced generation traits, particularly in Europe. The surge in global population has intensified the demand for improved productivity in grains & cereals, such as corn and wheat. This heightened adoption of seeds with enhanced attributes, including resistance to herbicides and diseases, abiotic stress tolerance, and improved pollination systems, fuels market expansion. Market players focus on developing seeds tailored for increased yields and reduced crop losses, addressing challenges like drought. Consequently, these advancements are poised to propel the Europe Seed Market forward during the forecast period, catering to the evolving needs of farmers and supporting sustainable agricultural practices.
The availability of counterfeit seeds is a significant challenge that affects the growth of the market. Counterfeit packaging and adulteration in seed deliveries are a major concern for the market. The use of counterfeit seeds results in crop failure and reduced productivity, leading to significant losses in revenue and agricultural production.
Some countries export low-quality seeds at subsidized prices to cost-conscious suppliers. This has led to farmers' lack of confidence in the local market as the seeds do not produce high-quality crops. Therefore, the prevalence of fake substandard seeds will negatively impact the growth of the market during the forecast period.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
The market growth analysis report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The Europe seed market is a diverse landscape encompassing various sectors such as grains & cereals, fiber crops, and vegetable seeds. Countries are focussing on hybrid seeds and breeding technology. These seeds cater to different industries, including the lubricants, textile, and cosmetic industries, driving innovation and eco-friendly packaging solutions. Vegetable seed varieties such as tomatoes, cucurbits, brassicas, and leafy vegetables are in high demand, especially among dairy farmers and salad producers. Moreover, the market offers a wide range of non-transgenic hybrids and GMO crops, meeting the needs of different agricultural practices. With a strong emphasis on insect-resistant hybrids and open-pollinated varieties, the Europe seed market continues to evolve, ensuring sustainable agriculture and environmental stewardship across the continent.
In Europe, the market witnesses innovations driven by new technology, serving diverse sectors like the lubricants, textile, and cosmetic industries. The vegetable seed market offers a variety of products including carrots, broccoli, spinach, onion, and pulses, meeting the demands of both consumers and agricultural sectors. Forage corn, alfalfa, and sunflower seeds cater to the forage seed market. Mixing and distribution facilities ensure widespread availability. Sunflowers play a vital role in both the amenity and forage seed markets. With continuous advancements, the European seed market remains dynamic, meeting the evolving needs of various industries while supporting agricultural sustainability.
The market research and growth report forecasts market growth by revenue and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
Europe Seed Market Scope |
|
Market Report Coverage |
Details |
Page number |
143 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.71% |
Market growth 2023-2027 |
USD 6.62 billion |
Market structure |
USD Fragmented |
YoY growth 2022-2023(%) |
7.23 |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
BASF SE, Bayer AG, Bejo Zaden BV, Corteva Inc., DLF Seeds AS, Enza Zaden Beheer B.V., FMC Corp., Gans Dunhaung Seed, Groupe Limagrain, KWS SAAT SE and Co. KGaA, Land O Lakes Inc., Mahyco Pvt. Ltd., Rijk Zwaan Zaadteelt en Zaadhandel BV, Royal Barenbrug Group, Sakata Seed Corp., Syngenta Crop Protection AG, Takii and Co. Ltd., and UPL Ltd. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
Customization purview |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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