Custom Selected Seed Market Size - By Product (Cereals, Oilseed, Fruits & Vegetables), By Trait Type (Herbicide Tolerant, Drought Resistant, Disease Resistant, Non genetically modified), By Packaging Type (Bulk Packaging, Bags, Containers) & Forecast, 2023 – 2032
Published on: 2024-07-07 | No of Pages : 240 | Industry : Agriculture
Publisher : MIR | Format : PDF&Excel
Custom Selected Seed Market Size - By Product (Cereals, Oilseed, Fruits & Vegetables), By Trait Type (Herbicide Tolerant, Drought Resistant, Disease Resistant, Non genetically modified), By Packaging Type (Bulk Packaging, Bags, Containers) & Forecast, 2023 – 2032
Custom Selected Seed Market Size
Custom Selected Seed Market size valued at USD 19 billion in 2022 and is estimated to register over 6.5% CAGR between 2023 to 2032. Farmers and growers seek custom-selected seeds that are tailored to their specific growing conditions, climate, and soil types. These seeds are designed to maximize crop yield and performance, leading to increased demand. Custom-selected seeds are often bred to be resistant to specific diseases and pests prevalent in a particular region.
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With changing climatic conditions, there is a growing demand for custom-selected seeds that can thrive in specific climates, including drought-resistant seeds, heat-tolerant seeds, and cold-hardy varieties.
Report Attribute | Details |
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Base Year | 2022 |
Custom Selected Seed Market Size in 2022 | USD 19 Billion |
Forecast Period | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR | 6.5% |
2032 Value Projection | USD 3.57 Billion |
Historical Data for | 2018 to 2022 |
No. of Pages | 180 |
Tables, Charts & Figures | 357 |
Segments covered | Product, Trait Type, Treatment, Packaging Type, End-use, Distribution Channel, Region |
Growth Drivers |
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Pitfalls & Challenges |
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Custom-selected seeds require a significant level of expertise and investment in research and development. The process of breeding or selecting specific traits can be time-consuming and expensive, leading to higher costs for custom-selected seeds compared to conventional varieties. Custom-selected seeds may have limited availability, especially for niche crops or specific traits. Custom-selected seeds must comply with various regulatory requirements and quality standards. Thus, the high-end pricing and risks associated with custom selected seed may drive down the acceptance rate, further hampering the custom selected seed market growth.
COVID-19 Impact
Many seed production facilities and research centers faced labor shortages due to restrictions, lockdowns, and safety protocols. This led to reduced productivity and, in some cases, delayed seed production activities. Changes in consumer preferences and disruptions in export markets influenced the demand for specific crops. Farmers may have adjusted their crop planting decisions, impacting the demand for custom selected seeds. Thus, the reduced number of COVID-19 cases and implementation of subsequent strategies by government and non-government organizations is forecasted to drive the market growth.
Custom Selected Seed Market Trends
There is an increasing demand for custom selected seeds that cater to specialty and niche crops, such as organic produce, heirloom varieties, and crops used in specific ethnic cuisines. Advancements in technology, including precision agriculture, remote sensing, and data analytics, are influencing the custom selected seed market. Farmers are utilizing data-driven insights to make informed seed selection decisions based on their specific fields' conditions.
Custom Selected Seed Market Analysis
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The cereals product accounted for USD 630.8 million in 2022. For staple crops like wheat, corn, rice, and soybeans, the demand for custom selected seeds is driven by farmers' need to maximize yield potential and profitability. Consumer preferences for unique and exotic produce drive the demand for custom selected seeds of specialty fruits and vegetables. Traits such as flavor, color, size, and nutritional content are crucial factors influencing the demand.
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Based on application, the herbicide tolerant segment held approximately 40% share of the custom selected seed market in 2022 and is expected to showcase lucrative pace by 2032. Custom selected seeds with herbicide tolerance traits allow for weed management using specific herbicides, making weed control more effective for farmers. Custom selected seeds with pest-resistant traits are in demand as they offer natural protection against pests.
Treated seeds segment is slated to register gains at nearly 6.2% through 2032. Biological seed treatments involve applying beneficial microorganisms to seeds to promote growth, nutrient uptake, and disease resistance. Custom selected seeds with biological treatments are favored by growers adopting sustainable and natural pest control methods.
Bulk packaging segment acquired a major share in 2022 and is estimated to gain traction during 2023 and 2032. Offering custom selected seeds in bulk packaging caters to the needs of individual gardeners and commercial growers, driving demand from diverse customer segments.
Farmers segment captured the dominant share of custom selected seed market in 2022 and is set to expand at a commendable pace by 2032. Farmers and growers seek custom selected seeds tailored to their specific crop preferences, climate conditions, and farming practices. Traits like disease resistance, high yield potential, and drought tolerance are essential for optimizing productivity and profitability.
Direct sales segment captured the dominant market share in 2022 and is anticipated to grow through 2032. Some seed companies engage in direct sales to customers, offering custom selected seeds through catalogs, websites, or mail order. The demand is driven by the company's reputation, product quality, and unique seed offerings.
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U.S. dominated the North American region with majority market share and a revenue of USD 400.3 million in 2022 and is projected to expand at a significant pace from 2023-2032. North America has a diverse range of crops, including specialty crops like fruits, vegetables, and niche products. Demand for custom selected seeds with specific traits that cater to these specialty crops is high.
Custom Selected Seed Market Share
Some of the major market players operating in the custom selected seed market are
- Monsanto Company
- Syngenta AG
- Dow AgroSciences LLC
- DuPont Pioneer
- BASF SE
- Bayer CropScience AG
- Limagrain
- Sakata Seed Corporation
- Groupe Roullier (Phyterra)
- Bejo Zaden BV
- Enza Zaden
- Johnny's Selected Seeds
- Harris Seeds
- Jung Seed Company
- Seed Savers Exchange
These participants focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these companies are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.
Custom Selected Seed Industry News
- In 2021, Bayer CropScience unveiled its new organic vegetable seeds to suit the needs of farms and the needs of customers.
- In 2020, Bayer AG launched pre-launch trials of new tomato varieties in Mexico.
This custom selected seed market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million & Units from 2018 to 2032, for the following segments
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Market, By Crop Type
- Cereals
- Oilseed
- Fruits & Vegetables
- Forage & Grasses
- Others
Market, By Trait Type
- Herbicide Tolerant
- Insect Resistant
- Drought Resistant
- Disease Resistant
- Non genetically modified
- Other Biotech Traits
Market, By Treatment
- Treated
- Untreated
Market, By Packaging Type
- Bulk Packaging
- Bags/Pouches
- Containers/Canisters
Market, By End-use
- Farmers
- Research Institute
- Cooperative societies
- Online retailers
Market, By Distribution Channel
- Direct Sales (B2B)
- Distributors/Dealers
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Indonesia
- Malaysia
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Egypt
Table of Content
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To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )