Bio-seeds Market: Global Industry Analysis and Forecast (2024-2030)

  • The Bio-seeds Market size was valued at USD 1.30 Bn. in 2023 and the total Global Bio-seeds revenue is expected to grow at a CAGR of 10.5 % from 2024 to 2030, reaching nearly USD 2.62 Bn. by 2030.

  • Format : PDF | Report ID : SMR_1714

Bio-seeds Market Overview

Bio Seed is a new, organic, seed and soil inoculant, designed to inoculate crops with beneficial bacteria (Paenibacillus azotofixans, Bacillus megaterium, B. mucilaginosus, B. subtilis) & fungi (Trichoderma harzianum). The growth of the market is attributed to the increasing demand for Bio-seeds owning to the Corn, Soybean, Cotton, Canola, Others Applications across the global level. Favorable government policies, regulations, and incentives promoting the use of Bio-seeds, such as subsidies for renewable energy projects and carbon pricing mechanisms, stimulate market growth.

 

The Global Bio-seeds market provides an in-depth analysis of the current market trends and prospects in the sector. It studies the various drivers, restraints, and opportunities influencing the growth of the market in detail. It also covers the prevailing market dynamics, such as the competitive landscape, product portfolios of major players, recent product launches and developments, and regional presence.

 

The report provides an all-inclusive analysis of the impact of various government initiatives, such as the subsidies and policies in various countries, on the growth of the Global Bio-seeds market. The market report lists the major players involved in the Bio-seeds Market under the competitive landscape and company profile chapters. The major players in the market are evaluated based on their product and/or service offerings, financial statements, key developments, strategic approach to the market, position in the market, geographical penetration, and other key features.

Bio-seeds Market

 

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Bio-seeds Market Dynamics:

Rising Bio seeds Market Through Government Initiatives, Innovation, and Consumer Awareness

The growing adoption of bio seeds, thanks to increasing campaigns by government agencies in various countries, has led to the growth of the bio seeds market. In addition, new varieties of bio-seeds are being developed by numerous companies operating in the global market which has spurred growth in the global Bio Seeds Market.  Also, Technological advancements have led to the development of innovative Bio-seeds solutions, catering to diverse consumer needs. Additionally, increasing awareness among consumers regarding the benefits of Bio-seeds products has boosted demand across various industries.

 

Ongoing cost reductions in Bio-seeds production and installation, driven by economies of scale, technological advancements, and increased competition, make the solutions more affordable and accessible.

Bio-seeds Market1

Global Dynamics Impacting the Acceptance and Growth of GM Crops and Bioseeds

GM crops are not universally accepted throughout the international market. Trading blocs such as the European Union (EU) have banned the import of crops with inserted genes, citing concerns about human health and the environment. The EU has thus far not been forced to accept GM crops because it has other sources of supply rather than the United States. Brazil, for example, does not allow the use of GM crops and remains a viable source of supply for those countries that do not import GM Crops.

 

Lack of awareness about the benefits of organic seeds in countries with less developed economies has been one of the major factors hindering the growth of the market. Also, the significant upfront investment required for the development and installation of the bioseed industry, especially for large projects, significantly hampers bioseed market growth.

 

Bio-seeds Market Segment Analysis:

By Type, Herbicides are chemicals that kill plants. Herbicide tolerance in plants permits greater amounts of herbicides to be applied without harming the crop, exceeding currently lethal doses. Any plant theoretically be engineered for tolerance, though currently corn, potato, tomato, and soybean crops have been the ideal targets. By offering crops tolerant to herbicides, chemical companies broaden the market for their products. The major developers of herbicide-tolerant plants are seed and pesticide companies, such as Novartis and Monsanto.

 

Herbicide-tolerant crops represent weed control technology that is combined with preventive, cultural, mechanical, and chemical measures as part of an integrated weed management (IWM) strategy. Herbicide-tolerant crops have been widely adopted by growers in the U.S. and Canada and offer enhanced weed control. BASF presents the latest advancements in its agricultural innovation pipeline of crop protection, seeds and traits, and digital solutions. the company is directing its innovations to improve outcomes for major regional crops, such as soy in the Americas, fruits and vegetables in Europe, and rice in the Asia Pacific. The value of the innovation pipeline remains strong, with an estimated peak sales potential of more than €7.5 billion fueled by products launched through the Forecast period.

 

  • BASF is bringing a much-needed solution for over-the-top control of weeds in soybeans, developing an additional PPO herbicide with a corresponding herbicide tolerance gene. That gene was incorporated into a new herbicide tolerance trait developed by Corteva. It is a key element of a multi-generational soybean trait pipeline collaboration that is expected to be available in seed varieties in the early 2030s.

Bio-seeds Market2

Bio-seeds Market Regional Insight:  

North America holds the largest share of the seeds Market. There are 190.4 million hectares of genetically modified crops. The United States is the leading country for GM crops based on acreage. Additionally, recent technological innovation and regulatory approvals for new bio-seeds with additional drought tolerance are boosting the market for bio-seeds globally through the forecast period. Sustainable farming practices in developing nations are expected to be a key impediment to Bio Seeds Market growth. Limited shelf-life is projected to harm product demand throughout the projection period, particularly for seeds, such as soybean, compared to other processed crop seeds.

 

Europe is the fastest growing region and holds XX % Market share in Bio Seeds Market. The European Union Council has rejected Spain’s latest bid to forge a joint position on the proposed deregulation of genetically modified crops produced using advanced gene editing techniques, with governments voicing concerns over safety, labeling, and social acceptance. The European Commission proposed in July a reform to regulations that currently apply the stringent requirements for risk assessment and traceability to novel genomic techniques (NGT) products as to GMOs created by splicing alien DNA into a plant's genome.

 

France greeted Spain’s support for excluding all GM crops from organic agriculture, and plants developed for herbicide resistance from category 1. Poland and neighbors in the EU's east signaled their opposition to the legislation in its current form. Romanian minister Florin Ionut Barbu listed several “non-negotiable” demands, including the complete separation of GM from conventional crops, labeling right up to the end of the food chain, and full risk analysis for each GM product, including category 1 plants.

Bio-seeds Market3

Bio-seeds Market Competitive Landscape:

  1. In July 2023,  Takii Seeds introduced a new variety of winter carrots called Fuyu Chiaki. The carrots are well-adapted to winter conditions and exhibit good cold resistance. Additionally, they thrive in a wide range of soils, making them a versatile choice for farmers.

 

  1. In July 2023, Enza Zaden introduced new lettuce varieties that exhibit high resistance to three new Bermian races, namely, Bl: 38EU, Bl: 39EU, and Bl: 40EU. The new lettuce varieties not only offer high resistance to the races but also grow in various soil types while still achieving high yields.

 

  1. In August 2023, LT Foods organic business division, Nature Bio Foods, inaugurated  A new plant in Uganda. It includes sesame seeds, chia seesd and sorghum in its growing ranmge of organic offerings. Commercing with an initial production capacity of 10,000 toones, the plant has amibitious plans to esclate the figures 18,000 tonnes by the year 2024.

 

Bio-seeds Market scope:

Bio-Seeds Market

Market Size in 2023

USD 1.30 Bn.

Market Size in 2030

USD 2.62 Bn.

CAGR (2024-2030)

10.5 %

Historic Data

2018-2022

Base Year

2023

Forecast Period

2024-2030

   Segments

By Type

Herbicide Tolerance

Insect Resistance

Others

By Application

Corn

Soybean

Cotton

Canola

Others

Regional Scope

North America- United States, Canada, and Mexico

Europe – UK, France, Germany, Italy, Spain, Sweden, Austria, and Rest of Europe

Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC

Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa

South America – Brazil, Argentina, Rest of South America

 

Key Player in the Bio-Seeds Market

  1. Bayer CropScience AG - Germany
  2. Syngenta Group – Switzerland
  3. KWS SAAT SE & Co. KGaA - Germany
  4. Groupe Limagrain - France
  5. BASF SE - Germany
  6. Sakata Seed Corporation - Japan
  7. Land O'Lakes, Inc. (WinField United) - USA
  8. Mahyco Monsanto Biotech
  9. Western Seed Company Limited - Kenya
  10. S&W Seed Company - USA
  11. Vilmorin & Cie - France
  12. East-West Seed - Thailand
  13. Yuan Longping High-Tech Agriculture- China


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Frequently Asked Questions

Government Initiatives, Innovation, and Consumer Awareness is expected to be the major driver for the market.

1.    Bio-Seeds Market: Research Methodology 
2.    Bio-Seeds Market: Executive Summary
3.    Bio-Seeds Market: Competitive Landscape
4.    Potential Areas for Investment

4.1. Stellar Competition Matrix
4.2. Competitive Landscape
4.3. Key Players Benchmarking
4.4. Market Structure
4.4.1.    Market Leaders 
4.4.2.    Market Followers
4.4.3.    Emerging Players

4.5. Consolidation of the Market
5.    Bio Seeds Market Import Export Landscape
5.1. Import Trends
5.2. Export Trends
5.3. Regulatory Compliance
5.4. Major Export Destinations
5.5. Import-Export Disparities
6.    Bio-Seeds Market: Dynamics
6.1. Market Driver 
6.1.1.    Increasing Consumer Awareness
6.1.2.    Innovation in Product Offerings

6.2. Market Trends by Region
6.2.1.    North America
6.2.2.    Europe
6.2.3.    Asia Pacific
6.2.4.    Middle East and Africa
6.2.5.    South America

6.3. Market Drivers by Region
6.3.1.    North America
6.3.2.    Europe
6.3.3.    Asia Pacific
6.3.4.    Middle East and Africa
6.3.5.    South America

6.4. Market Restraints
6.5. Market Opportunities
6.6. Market Challenges
6.7. PORTER’s Five Forces Analysis
6.8. PESTLE Analysis
6.9. Strategies for New Entrants to Penetrate the Market
6.10. Analysis of Government Schemes and Initiatives for the Bio Seeds Industry
6.11. Regulatory Landscape by Region
6.11.1.    North America
6.11.2.    Europe
6.11.3.    Asia Pacific
6.11.4.    Middle East and Africa
6.11.5.    South America

7.    Bio-Seeds Market Size and Forecast by Segments (by Value Units)
7.1. Bio-Seeds Market Size and Forecast, by Type (2023-2030)
7.1.1.    Herbicide Tolerance
7.1.2.    Insect Resistance
7.1.3.    Others

7.2.  Bio-Seeds Market Size and Forecast, by Application (2023-2030)
7.2.1.    Corn
7.2.2.    Soybean
7.2.3.    Cotton
7.2.4.    Canola
7.2.5.    Others

7.3. Bio-Seeds Market Size and Forecast, by Region (2023-2030)
7.3.1.    North America
7.3.2.    Europe
7.3.3.    Asia Pacific
7.3.4.    Middle East and Africa
7.3.5.    South America

8.    North America Bio-Seeds Market Size and Forecast (by value Units)
8.1. North America Bio-Seeds Market Size and Forecast, by Type (2023-2030)
8.1.1.    Herbicide Tolerance
8.1.2.    Insect Resistance
8.1.3.    Others

8.2.  North America Bio-Seeds Market Size and Forecast, by Application (2023-2030)
8.2.1.    Corn
8.2.2.    Soybean
8.2.3.    Cotton
8.2.4.    Canola
8.2.5.    Others

8.3. North America Bio-Seeds Market Size and Forecast, by Country (2023-2030)
8.3.1.    United States
8.3.2.    Canada
8.3.3.    Mexico

9.    Europe Bio-Seeds Market Size and Forecast (by Value Units)
9.1. Europe Bio-Seeds Market Size and Forecast, by Type (2023-2030)
9.1.1.    Herbicide Tolerance
9.1.2.    Insect Resistance
9.1.3.    Others

9.2.  Europe Bio-Seeds Market Size and Forecast, by Application (2023-2030)
9.2.1.    Corn
9.2.2.    Soybean
9.2.3.    Cotton
9.2.4.    Canola
9.2.5.    Others

9.3. Europe Bio-Seeds Market Size and Forecast, by Country (2023-2030)
9.3.1.    UK
9.3.2.    France
9.3.3.    Germany
9.3.4.    Italy
9.3.5.    Spain
9.3.6.    Sweden
9.3.7.    Austria
9.3.8.    Rest of Europe

10.    Asia Pacific Bio-Seeds Market Size and Forecast (by Value Units)
10.1. Asia Pacific Bio-Seeds Market Size and Forecast, by Type (2023-2030)
10.1.1.    Herbicide Tolerance
10.1.2.    Insect Resistance
10.1.3.    Others

10.2.  Asia Pacific Bio-Seeds Market Size and Forecast, by Application (2023-2030)
10.2.1.    Corn
10.2.2.    Soybean
10.2.3.    Cotton
10.2.4.    Canola
10.2.5.    Others

10.3. Asia Pacific Bio-Seeds Market Size and Forecast, by Country (2023-2030)
10.3.1.    China
10.3.2.    S Korea
10.3.3.    Japan
10.3.4.    India
10.3.5.    Australia
10.3.6.    ASEAN
10.3.7.    Rest of Asia Pacific

11.    Middle East and Africa Bio-Seeds Market Size and Forecast (by Value Units)
11.1. Middle East and Africa Bio-Seeds Market Size and Forecast, by Type (2023-2030)
11.1.1.    Herbicide Tolerance
11.1.2.    Insect Resistance
11.1.3.    Others

11.2.  Middle East and Africa Bio-Seeds Market Size and Forecast, by Application (2023-2030)
11.2.1.    Corn
11.2.2.    Soybean
11.2.3.    Cotton
11.2.4.    Canola
11.2.5.    Others

11.3. Middle East and Africa Starch-based bio plastics Market Size and Forecast, by Country (2023-2030)
11.3.1.    South Africa
11.3.2.    GCC
11.3.3.    Egypt
11.3.4.    Nigeria
11.3.5.    Rest of ME&A

12.    South America Starch-based bio plastics Market Size and Forecast (by Value Units)
12.1. South America Bio-Seeds Market Size and Forecast, by Type (2023-2030)
12.1.1.    Herbicide Tolerance
12.1.2.    Insect Resistance
12.1.3.    Others

12.2.  South America Bio-Seeds Market Size and Forecast, by Application (2023-2030)
12.2.1.    Corn
12.2.2.    Soybean
12.2.3.    Cotton
12.2.4.    Canola
12.2.5.    Others
12.2.6.    Consumer Goods 

12.3. South America Bio-Seeds Market Size and Forecast, by Country (2023-2030)
12.3.1.    Brazil
12.3.2.    Argentina
12.3.3.    Rest of South America

13.    Company Profile: Key players
13.1. Bayer CropScience AG – Germany
13.1.1.    Company Overview
13.1.2.    Financial Overview
13.1.3.    Business Portfolio
13.1.4.    SWOT Analysis
13.1.5.    Business Strategy 
13.1.6.    Recent Developments

13.2. Syngenta Group – Switzerland
13.3. KWS SAAT SE & Co. KGaA - Germany
13.4. Groupe Limagrain - France
13.5. BASF SE - Germany
13.6. Sakata Seed Corporation - Japan
13.7. Land O'Lakes, Inc. (WinField United) - USA
13.8. Mahyco Monsanto Biotech
13.9. Western Seed Company Limited - Kenya
13.10. S&W Seed Company - USA
13.11. Vilmorin & Cie - France
13.12. East-West Seed - Thailand
13.13. Yuan Longping High-Tech Agriculture- China
14.    Key Findings
15.    Industry Recommendation

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