US - Seeds Market by Product and Type - Forecast and Analysis 2023-2027

Published: Aug 2023 Pages: 128 SKU: IRTNTR70469

US - Seeds Market Report 2023-2027

The US - seeds market size is estimated to grow at a CAGR of 8.12% between 2022 and 2027. The market size is forecast to increase by USD 10,417.75 million. This US seeds market report extensively covers market segmentation by product (GM seeds and conventional seeds) and type (grain seeds and oilseeds, fruits and vegetable seeds, and others). It also includes an in-depth analysis of drivers, trends, and challenges. Our report examines historic data from 2017 to 2021, besides analyzing the current market scenario.

One of the key factors driving the US seeds market growth is the growth in the adoption of GM seeds in the US. There is an increasing adoption of GM seeds across the country due to the growing popularity of genetically engineered crops in the US. The main advantage of genetically engineered crops is that they offer higher nutritional content and stress and disease resistance when compared to conventional seeds. The main factor that is fuelling the rise in the adoption of genetically engineered crops is the increase in awareness regarding the benefits of genetically engineered crop cultivation among farmers in the US. Hence, such factors are positively impacting the market growth. Therefore, it is expected to drive the market growth during the forecast period.

US Seeds Market: Overview

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Trends 

A key factor shaping the US seeds market is the rise in prominence of digital technology in agriculture. There is an increase in the adoption of Internet of Things (IoT) devices and analytics among farmers and food producers due to the advent of digital technology in agriculture. The adoption of IoT enables farmers to increase crop production and productivity.

Moreover, several market players are increasingly focusing on offering digital technology as a scalable and sustainable agricultural resource to assist farmers in maximizing seed output and crop potential. One of the prominent market players is Parrot Drones SAS which offers digital technology such as multispectral sensors which helps in simplifying data collection and enabling monitoring and analytics for farmers and food producers. Hence, such factors are positively impacting the market. Therefore, it is expected to drive the US seeds market growth during the forecast period.

Challenge 

Regulatory constraints are one of the key challenges hindering the US seeds market growth. There are several stringent laws enforced by many authorities in the US seeds market to ensure accurate labeling and quality standards for seeds that are packaged, marketed, and sold within or outside the US. The main authority that monitors and regulates the interstate shipment of agricultural and vegetable seeds is the Federal Seed Act (FSA).

Moreover, the FSA has made it mandatory that the seeds shipped for interstate trade purposes be labeled clearly to ensure transparency among seed buyers. Furthermore, it is compulsory for all state seed certification agencies to adhere to the requirements and standards prescribed under the Association of Official Seed Certification Agencies (AOSCA) to ensure uniform testing methodology and seed quality standards. Hence, such factors are negatively impacting the market. Therefore, it is expected to hinder the US seeds market growth during the forecast period.

US Seeds Market Segmentation by Type

The increasing R&D activity is expected to fuel the growth of the grain seeds and oilseeds segment which in turn will increase the market growth. The seeds utilized to produce commercial grain commodities and oils for consumption are referred to as the grain seeds and oilseeds segment. This segment mainly comprises eed varieties such as wheat, corn, barley, rice, sorghum, soybeans, cottonseed, sunflower seed, flaxseed, canola, and safflower. The rise in privatization in the seeds market is fuelling the R&D activity in the market, especially for GM commercial grain seeds and oilseeds which is positively impacting the market. Hence, such factors are expected to fuel the growth of this segment which in turn will drive the US seeds market growth during the forecast period.

The increasing consumer demand for fruits and vegetable seeds segment will increase the market growth during the forecast period. The fruit and vegetable seeds segment comprises conventional and GM crops such as beans, broccoli, Brussels sprouts, cabbage, cauliflower, cucumber, spinach, apple, papaya, watermelon, and squash. Some of the main market players that offer a wide range of fruit and vegetable seeds for commercial and independent use in the US include Syngenta, Sakata, Bayer, Limagrain, and BASF. There is an increasing awareness about the health benefits of chemical-free food products which is expected to fuel the growth of this segment which in turn will drive the US seeds market growth during the forecast period.

US Seeds Market Segmentation by Product

The GM seeds segment is estimated to witness significant growth during the forecast period. The genetically modified or engineered seeds injected with genes from other plant variants to incorporate favorable traits are referred to as the GM seeds segment. Some of these features include resistance to diseases, insecticides, and pesticides and tolerance to adverse weather conditions, including frost. 

The GM seeds segment was the largest segment and was valued at USD 8,504.43 million in 2017.

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One of the leading producers of GM seeds across the world is the US. Some of the main GM crops manufactured in the US include corn, soybean, cotton, canola, sugar beet, apple, potato, papaya, squash, and alfalfa. Additionally, there has been increasing adoption of GM seeds among farmers across the US over the last few years due to its several advantages such as easier weed management, pest and disease control, enhanced nutritional content, and higher productivity. The main advantage of herbicide-tolerant crops (HT) crops is their high tolerance to potent herbicides, including glyphosates, thereby providing farmers with a plethora of options for weed management. Hence, such factors are expected to fuel the growth of this segment which, in turn, will drive the US seeds market growth during the forecast period.

There is an increasing adoption of conventional seeds segment which will increase the market growth during the forecast period. The conventional seed segment comprises all open-pollinated and hybrid varieties of seeds developed naturally and not through modern biotechnology. There has been an increasing adoption of organically-produced seeds and crops across the US over the years. Some of the key regions in the US where there is extensive use of this segment include s California, Wisconsin, and New York.  Factors such as the shift in use from synthetic and chemical fertilizers fuelled by the increasing demand for natural, organic produce and stringent regulatory and compliance requirements is expected to fuel the growth of this segment which in turn will drive the US seeds market growth during the forecast period.

Key US Seeds Market Companies Overview

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.

  • Key Offering - Ahern Agribusiness Inc: The company offers seeds such as hot pepper and tomato seeds.
  • Key Offering - BASF SE: The company offers seeds such as flower seeds.
  • Key Offering - Bayer AG: The company offers seeds such as vegetable seeds.

The US seeds market report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • Bejo Zaden BV
  • BHNSeed
  • Burrell Seed Growers LLC
  • Central Garden and Pet Co.
  • China National Chemical Corp. Ltd.
  • Emerald Seed Co.
  • Fruition Seeds LLC
  • Great American Seed Up
  • Johnnys Selected Seeds
  • Kagome Co. Ltd.
  • Mars Inc.
  • Origene Seeds Ltd.
  • Renees Garden Seeds
  • Sakata Seed Corp.
  • Takii and Co. Ltd.
  • The Living Seed Co. LLC
  • W. Atlee Burpee and Co.

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.

Segment Overview

The US seeds market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Product Outlook (USD Million, 2017 - 2027)
    • GM seeds
    • Conventional seeds
  • Type Outlook (USD Million, 2017 - 2027)
    • Grain seeds and oilseeds
    • Fruits and vegetable seeds
    • Others

US - Seeds Market Scope

Report Coverage

Details

Page number

128

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 8.12%

Market growth 2023-2027

USD 10,417.75 million

Market structure

Fragmented

YoY growth 2022-2023(%)

7.76

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Ahern Agribusiness Inc., BASF SE, Bayer AG, Bejo Zaden BV, BHNSeed, Burrell Seed Growers LLC, Central Garden and Pet Co., China National Chemical Corp. Ltd., Emerald Seed Co., Fruition Seeds LLC, Great American Seed Up, Johnnys Selected Seeds, Kagome Co. Ltd., Mars Inc., Origene Seeds Ltd., Renees Garden Seeds, Sakata Seed Corp., Takii and Co. Ltd., The Living Seed Co. LLC, and W. Atlee Burpee and Co.

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

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this US Seeds Market In the Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the US seeds market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across US
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of the US seeds market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Country Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 07: Parent market
    • Exhibit 08: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 09: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 10: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 11: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 12: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 13: Chart on US: Year-over-year growth 2022-2027 (%)
      • Exhibit 14: Data Table on US: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Seeds market in US 2017 - 2021
      • Exhibit 15: Historic Market Size – Data Table on seeds market in US 2017 - 2021 ($ million)
    • 4.2 Product Segment Analysis 2017 - 2021
      • Exhibit 16: Historic Market Size – Product Segment 2017 - 2021 ($ million)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 17: Historic Market Size – Type Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 21: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 22: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 23: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 24: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 25: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 26: Data Table on Product - Market share 2022-2027 (%)
    • 6.2 Comparison by Product
      • Exhibit 27: Chart on Comparison by Product
      • Exhibit 28: Data Table on Comparison by Product
    • 6.3 GM seeds - Market size and forecast 2022-2027
      • Exhibit 29: Chart on GM seeds - Market size and forecast 2022-2027 ($ million)
      • Exhibit 30: Data Table on GM seeds - Market size and forecast 2022-2027 ($ million)
      • Exhibit 31: Chart on GM seeds - Year-over-year growth 2022-2027 (%)
      • Exhibit 32: Data Table on GM seeds - Year-over-year growth 2022-2027 (%)
    • 6.4 Conventional seeds - Market size and forecast 2022-2027
      • Exhibit 33: Chart on Conventional seeds - Market size and forecast 2022-2027 ($ million)
      • Exhibit 34: Data Table on Conventional seeds - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Chart on Conventional seeds - Year-over-year growth 2022-2027 (%)
      • Exhibit 36: Data Table on Conventional seeds - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Product
      • Exhibit 37: Market opportunity by Product ($ million)
      • Exhibit 38: Data Table on Market opportunity by Product ($ million)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 39: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 40: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 41: Chart on Comparison by Type
      • Exhibit 42: Data Table on Comparison by Type
    • 7.3 Grain seeds and oilseeds - Market size and forecast 2022-2027
      • Exhibit 43: Chart on Grain seeds and oilseeds - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Data Table on Grain seeds and oilseeds - Market size and forecast 2022-2027 ($ million)
      • Exhibit 45: Chart on Grain seeds and oilseeds - Year-over-year growth 2022-2027 (%)
      • Exhibit 46: Data Table on Grain seeds and oilseeds - Year-over-year growth 2022-2027 (%)
    • 7.4 Fruits and vegetable seeds - Market size and forecast 2022-2027
      • Exhibit 47: Chart on Fruits and vegetable seeds - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Data Table on Fruits and vegetable seeds - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Chart on Fruits and vegetable seeds - Year-over-year growth 2022-2027 (%)
      • Exhibit 50: Data Table on Fruits and vegetable seeds - Year-over-year growth 2022-2027 (%)
    • 7.5 Others - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by Type
      • Exhibit 55: Market opportunity by Type ($ million)
      • Exhibit 56: Data Table on Market opportunity by Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 57: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Drivers, Challenges, and Trends

    • 9.1 Market drivers
      • 9.2 Market challenges
        • 9.3 Impact of drivers and challenges
          • Exhibit 58: Impact of drivers and challenges in 2022 and 2027
        • 9.4 Market trends

          10 Vendor Landscape

          • 10.1 Overview
            • 10.2 Vendor landscape
              • Exhibit 59: Overview on Criticality of inputs and Factors of differentiation
            • 10.3 Landscape disruption
              • Exhibit 60: Overview on factors of disruption
            • 10.4 Industry risks
              • Exhibit 61: Impact of key risks on business

            11 Vendor Analysis

            • 11.1 Vendors covered
              • Exhibit 62: Vendors covered
            • 11.2 Market positioning of vendors
              • Exhibit 63: Matrix on vendor position and classification
            • 11.3 Ahern Agribusiness Inc.
              • Exhibit 64: Ahern Agribusiness Inc. - Overview
              • Exhibit 65: Ahern Agribusiness Inc. - Product / Service
              • Exhibit 66: Ahern Agribusiness Inc. - Key offerings
            • 11.4 BASF SE
              • Exhibit 67: BASF SE - Overview
              • Exhibit 68: BASF SE - Business segments
              • Exhibit 69: BASF SE - Key news
              • Exhibit 70: BASF SE - Key offerings
              • Exhibit 71: BASF SE - Segment focus
            • 11.5 Bayer AG
              • Exhibit 72: Bayer AG - Overview
              • Exhibit 73: Bayer AG - Business segments
              • Exhibit 74: Bayer AG - Key news
              • Exhibit 75: Bayer AG - Key offerings
              • Exhibit 76: Bayer AG - Segment focus
            • 11.6 Bejo Zaden BV
              • Exhibit 77: Bejo Zaden BV - Overview
              • Exhibit 78: Bejo Zaden BV - Product / Service
              • Exhibit 79: Bejo Zaden BV - Key offerings
            • 11.7 Central Garden and Pet Co.
              • Exhibit 80: Central Garden and Pet Co. - Overview
              • Exhibit 81: Central Garden and Pet Co. - Business segments
              • Exhibit 82: Central Garden and Pet Co. - Key offerings
              • Exhibit 83: Central Garden and Pet Co. - Segment focus
            • 11.8 China National Chemical Corp. Ltd.
              • Exhibit 84: China National Chemical Corp. Ltd. - Overview
              • Exhibit 85: China National Chemical Corp. Ltd. - Product / Service
              • Exhibit 86: China National Chemical Corp. Ltd. - Key offerings
            • 11.9 Emerald Seed Co.
              • Exhibit 87: Emerald Seed Co. - Overview
              • Exhibit 88: Emerald Seed Co. - Product / Service
              • Exhibit 89: Emerald Seed Co. - Key offerings
            • 11.10 Johnnys Selected Seeds
              • Exhibit 90: Johnnys Selected Seeds - Overview
              • Exhibit 91: Johnnys Selected Seeds - Product / Service
              • Exhibit 92: Johnnys Selected Seeds - Key offerings
            • 11.11 Kagome Co. Ltd.
              • Exhibit 93: Kagome Co. Ltd. - Overview
              • Exhibit 94: Kagome Co. Ltd. - Product / Service
              • Exhibit 95: Kagome Co. Ltd. - Key offerings
            • 11.12 Mars Inc.
              • Exhibit 96: Mars Inc. - Overview
              • Exhibit 97: Mars Inc. - Product / Service
              • Exhibit 98: Mars Inc. - Key news
              • Exhibit 99: Mars Inc. - Key offerings
            • 11.13 Origene Seeds Ltd.
              • Exhibit 100: Origene Seeds Ltd. - Overview
              • Exhibit 101: Origene Seeds Ltd. - Product / Service
              • Exhibit 102: Origene Seeds Ltd. - Key offerings
            • 11.14 Renees Garden Seeds
              • Exhibit 103: Renees Garden Seeds - Overview
              • Exhibit 104: Renees Garden Seeds - Product / Service
              • Exhibit 105: Renees Garden Seeds - Key offerings
            • 11.15 Sakata Seed Corp.
              • Exhibit 106: Sakata Seed Corp. - Overview
              • Exhibit 107: Sakata Seed Corp. - Business segments
              • Exhibit 108: Sakata Seed Corp. - Key offerings
              • Exhibit 109: Sakata Seed Corp. - Segment focus
            • 11.16 The Living Seed Co. LLC
              • Exhibit 110: The Living Seed Co. LLC - Overview
              • Exhibit 111: The Living Seed Co. LLC - Product / Service
              • Exhibit 112: The Living Seed Co. LLC - Key offerings
            • 11.17 W. Atlee Burpee and Co.
              • Exhibit 113: W. Atlee Burpee and Co. - Overview
              • Exhibit 114: W. Atlee Burpee and Co. - Product / Service
              • Exhibit 115: W. Atlee Burpee and Co. - Key offerings

            12 Appendix

            • 12.1 Scope of the report
              • 12.2 Inclusions and exclusions checklist
                • Exhibit 116: Inclusions checklist
                • Exhibit 117: Exclusions checklist
              • 12.3 Currency conversion rates for US$
                • Exhibit 118: Currency conversion rates for US$
              • 12.4 Research methodology
                • Exhibit 119: Research methodology
                • Exhibit 120: Validation techniques employed for market sizing
                • Exhibit 121: Information sources
              • 12.5 List of abbreviations
                • Exhibit 122: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              seeds market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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