Americas Seeds Market Size, Share, Growth Analysis, By Type(Conventional and Genetically Modified Seeds), By Crop Type(Cereals And Grains, Oilseeds and Pulses, Fruits and Vegetables, and Others), By Sales Channel(Direct Sales and Distribution), By Region - Industry Forecast 2024-2031

Americas Seeds Market size was valued at USD 6.22 billion in 2021 and is poised to grow from USD 6.61 billion in 2022 to USD 11.5 billion by 2030, growing at a CAGR of 8.18% in the forecast period (2023-2030).

The Americas seeds market is highly competitive, with the presence of several regional and international players. The market is characterized by intense competition, with players focusing on product differentiation, innovation, and partnerships to gain a competitive edge. Players are also investing heavily in R&D to develop new seed varieties and technologies that improve crop yields and reduce input costs. The market is witnessing increasing consolidation, with several major mergers and acquisitions taking place in recent years. In recent developments, Advanta Seeds and Bunge collaborated to acquire a 20.0% stake each in SeedcorpHO, with the aim to expand their market reach in Brazil and offer integrated solutions to farmers. Rice Tec Inc. also launched its first medium-grain hybrid, RT3202, which is specifically produced for the southern U.S. market. Another significant development was the partnership between Bayer and RAGT Semences to develop high-potential hybrid wheat seeds to promote sustainable agricultural practices in Europe. 'Monsanto (US)', 'Syngenta (Switzerland)', 'DuPont Pioneer (US)', 'Dow AgroSciences (US)', 'Bayer CropScience (Germany)', 'BASF (Germany)', 'AgReliant Genetics (US)', 'WinField Solutions (US)', 'Limagrain (France)', 'Land O'Lakes (US)', 'KWS Saat (Germany)', 'Sakata Seed Corporation (Japan)', 'Groupe Limagrain Holding (France)', 'Rijk Zwaan Zaadteelt en Zaadhandel (Netherlands)', 'Takii & Co., Ltd. (Japan)', 'Nufarm (Australia)', 'Seed Co Limited (Zimbabwe)', 'Johnny's Selected Seeds (US)', 'Harris Seeds (US)', 'Barenbrug Holding B.V. (Netherlands)'

The seeds market in the Americas is expected to grow at a significant rate due to various drivers. The increasing demand for food due to population growth, rising disposable incomes, and changing dietary preferences is one of the key drivers of the market. As the population increases, the demand for food also increases, which creates a need for more efficient and productive agricultural practices.

The Americas seeds market is witnessing several key trends that are shaping the industry. One of the key trends is the growing demand for organic and non-GMO seeds, which is driven by increasing consumer demand for healthy and sustainable food products. As a result, seed companies are investing in the development of new varieties of organic and non-GMO seeds to meet this growing demand.

North America is the dominant market for seeds due to the presence of major seed companies and the adoption of advanced farming practices. The US and Canada are the key contributors to the growth of the North America seeds market. The US market is driven by the high demand for corn, soybean, and wheat seeds, along with the increasing adoption of genetically modified seeds. Canada is witnessing growth due to the increasing demand for canola and soybean seeds. The North American market is expected to witness further growth due to the increasing focus on sustainable agriculture practices and the development of new seed technologies. Latin America is expected to witness significant growth due to the increasing demand for food and the adoption of modern farming techniques. Brazil is the largest market in the region, driven by the high demand for soybean and corn seeds.