The global wheat seed market size is expected to reach USD 7.17 billion by 2032, according to a new study by Polaris Market Research. The report "Wheat Seed Market Share, Size, Trends, Industry Analysis Report, By Type (Hard Red Winter, Soft Red Winter, Hard White, Soft White, Hard Red Spring Wheat Seed, and Durum Wheat Seed); By Breeding Technology; By Application; By Region; Segment Forecast, 2023- 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Rising demand for food as a result of an expanding world population is what essentially drives the worldwide market. As per the UN, by 2050, 68 percent of the global population, up from the 55 percent from 2022, is projected to live in the cities. There is rising concern that as the global population gets more urbanized, precious cropland is being lost worldwide as a result of urbanization, which poses a serious threat to global food security. For instance, according to the National Academy of Science, by 2030, global urbanization would cause a 1.8-2.4% loss of cropland, resulting in a 3-4% decline in food production worldwide. The majority of this loss would occur in Asia and Africa, where a sizable fraction of the population still lives in rural areas.
In addition, the world's most populous nation, China, has been rapidly urbanizing for four decades. If the current rate of growth in urban population growth is maintained, by 2050 the proportion of the total population living in urban areas will have increased by 80-90%. Cities will have to grow and occupy adjacent lands, including current and potential croplands, to make space for these many citizens.
Accordingly, the market is being stimulated by ongoing technological developments in the creation of novel seed varieties that are more resistant to pests and diseases while also being more tolerant of drought and other environmental stressors. For instance, in September 2022, According to researchers at the ICAR-Indian Institute of Wheat and Barley Research (IIWBR), the types are resistant to climate change and can produce up to 75 quintals per hectare, allowing farmers to harvest 5 to 10 quintals more than the typical yield of 20 to 22 quintals per acre.
These new seed varieties, known as DBW-316, DBW-55 (d), DBW-370, & DBW-372, have been certified by the Indian Council of Agricultural Research's (ICAR) identification committee for wheat & barley. This can be ascribed to the fast urbanization that has caused a major drop in the amount of arable land, necessitating a higher yield from a smaller amount of land. These are the major factors assisting the growth of the wheat seed market.
Wheat Seed Market Report Highlights
Farm Planting segment is anticipated to grow at a highest CAGR during the forecast period due to the rise in demand for high-yield crops in growing nations.
Open Pollinated Varieties & Hybrid Derivatives accounted for major global revenue share. For low-income farmers, open-pollinated cultivars are more cost-effective than hybrid seeds
North America is expected to grow with a significant share over the projected period on account of shifting food choices and a rise in consumer health consciousness.
The global players include: Agrovegetal, Corteva Agriscience, Florimond Desprez, Hefei Fengle Seed, Kaveri Seeds, Northern Agri Brands, ProHarvest Seeds, RAGT Seed, and Seed Co.
Polaris Market Research has segmented the Wheat Seed market report based on type, breeding technology, application, and region:
Wheat Seed, Breeding Technology Outlook (Revenue - USD Billion, 2019 - 2032)
- Open Pollinated Varieties and Hybrid Derivatives
- Hybrids
Wheat Seed, Application Outlook (Revenue - USD Billion, 2019 - 2032)
- Farm Planting
- Personal Planting
Wheat Seed, Type Outlook (Revenue - USD Billion, 2019 - 2032)
- Hard Red Winter
- Soft Red Winter
- Hard White
- Soft White
- Hard Red Spring Wheat Seed
- Durum Wheat Seed
Wheat Seed, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Wheat Seed Market Insights
- 4.1. Wheat Seed Market - Breeding Technology Snapshot
- 4.2. Wheat Seed Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Favourable government actions that promote the agricultural sector
- 4.2.1.2. Government also has decided to pay for certification fees and support organic farming
- 4.2.2. Restraints and Challenges
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Wheat Seed Market Breeding Technology Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Wheat Seed Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Wheat Seed Market, by Type, 2019-2032 (USD Billion)
- 5.3. Hard Red Winter
- 5.3.1. Global Wheat Seed Market, by Hard Red Winter, by Region, 2019-2032 (USD Billion)
- 5.4. Soft Red Winter
- 5.4.1. Global Wheat Seed Market, by Soft Red Winter, by Region, 2019-2032 (USD Billion)
- 5.5. Hard White
- 5.5.1. Global Wheat Seed Market, by Hard White, by Region, 2019-2032 (USD Billion)
- 5.6. Soft White
- 5.6.1. Global Wheat Seed Market, by Soft White, by Region, 2019-2032 (USD Billion)
- 5.7. Hard Red Spring Wheat Seed
- 5.7.1. Global Wheat Seed Market, by Hard Red Spring Wheat Seed, by Region, 2019-2032 (USD Billion)
- 5.8. Durum Wheat Seed
- 5.8.1. Global Wheat Seed Market, by Durum Wheat Seed, by Region, 2019-2032 (USD Billion)
6. Global Wheat Seed Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Wheat Seed Market, by Application, 2019-2032 (USD Billion)
- 6.3. Farm Planting
- 6.3.1. Global Wheat Seed Market, by Farm Planting, by Region, 2019-2032 (USD Billion)
- 6.4. Personal Planting
- 6.4.1. Global Wheat Seed Market, by Personal Planting, by Region, 2019-2032 (USD Billion)
7. Global Wheat Seed Market, by Breeding Technology
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Wheat Seed Market, by Breeding Technology, 2019-2032 (USD Billion)
- 7.3. Open Pollinated Varieties and Hybrid Derivatives
- 7.3.1. Global Wheat Seed Market, by Open Pollinated Varieties and Hybrid Derivatives, By Region, 2019-2032 (USD Billion)
- 7.4. Hybrids
- 7.4.1. Global Wheat Seed Market, by Hybrids, By Region, 2019-2032 (USD Billion)
8. Global Wheat Seed Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Wheat Seed Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Wheat Seed Market - North America
- 8.3.1. North America: Wheat Seed Market, by Type, 2019-2032 (USD Billion)
- 8.3.2. North America: Wheat Seed Market, by Breeding Technology, 2019-2032 (USD Billion)
- 8.3.3. North America: Wheat Seed Market, by Application, 2019-2032 (USD Billion)
- 8.3.4. Wheat Seed Market - U.S.
- 8.3.4.1. U.S.: Wheat Seed Market, by Type, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Wheat Seed Market, by Breeding Technology, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Wheat Seed Market, by Application, 2019-2032 (USD Billion)
- 8.3.5. Wheat Seed Market - Canada
- 8.3.5.1. Canada: Wheat Seed Market, by Type, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Wheat Seed Market, by Breeding Technology, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Wheat Seed Market, by Application, 2019-2032 (USD Billion)
- 8.4. Wheat Seed Market - Europe
- 8.4.1. Europe: Wheat Seed Market, by Type, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Wheat Seed Market, by Breeding Technology, 2019-2032 (USD Billion)
- 8.4.3. Europe: Wheat Seed Market, by Application, 2019-2032 (USD Billion)
- 8.4.4. Wheat Seed Market - UK
- 8.4.4.1. UK: Wheat Seed Market, by Type, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Wheat Seed Market, by Breeding Technology, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Wheat Seed Market, by Application, 2019-2032 (USD Billion)
- 8.4.5. Wheat Seed Market - France
- 8.4.5.1. France: Wheat Seed Market, by Type, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Wheat Seed Market, by Breeding Technology, 2019-2032 (USD Billion)
- 8.4.5.3. France: Wheat Seed Market, by Application, 2019-2032 (USD Billion)
- 8.4.6. Wheat Seed Market - Germany
- 8.4.6.1. Germany: Wheat Seed Market, by Type, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Wheat Seed Market, by Breeding Technology, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Wheat Seed Market, by Application, 2019-2032 (USD Billion)
- 8.4.7. Wheat Seed Market - Italy
- 8.4.7.1. Italy: Wheat Seed Market, by Type, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Wheat Seed Market, by Breeding Technology, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Wheat Seed Market, by Application, 2019-2032 (USD Billion)
- 8.4.8. Wheat Seed Market - Spain
- 8.4.8.1. Spain: Wheat Seed Market, by Type, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Wheat Seed Market, by Breeding Technology, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Wheat Seed Market, by Application, 2019-2032 (USD Billion)
- 8.4.9. Wheat Seed Market - Netherlands
- 8.4.9.1. Netherlands: Wheat Seed Market, by Type, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Wheat Seed Market, by Breeding Technology, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Wheat Seed Market, by Application, 2019-2032 (USD Billion)
- 8.4.10. Wheat Seed Market - Russia
- 8.4.10.1. Russia: Wheat Seed Market, by Type, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: Wheat Seed Market, by Breeding Technology, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: Wheat Seed Market, by Application, 2019-2032 (USD Billion)
- 8.5. Wheat Seed Market - Asia Pacific
- 8.5.1. Asia Pacific: Wheat Seed Market, by Type, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Wheat Seed Market, by Breeding Technology, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Wheat Seed Market, by Application, 2019-2032 (USD Billion)
- 8.5.4. Wheat Seed Market - China
- 8.5.4.1. China: Wheat Seed Market, by Type, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Wheat Seed Market, by Breeding Technology, 2019-2032 (USD Billion)
- 8.5.4.3. China: Wheat Seed Market, by Application, 2019-2032 (USD Billion)
- 8.5.5. Wheat Seed Market - India
- 8.5.5.1. India: Wheat Seed Market, by Type, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Wheat Seed Market, by Breeding Technology, 2019-2032 (USD Billion)
- 8.5.5.3. India: Wheat Seed Market, by Application, 2019-2032 (USD Billion)
- 8.5.6. Wheat Seed Market - Malaysia
- 8.5.6.1. Malaysia: Wheat Seed Market, by Type, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Wheat Seed Market, by Breeding Technology, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Wheat Seed Market, by Application, 2019-2032 (USD Billion)
- 8.5.7. Wheat Seed Market - Japan
- 8.5.7.1. Japan: Wheat Seed Market, by Type, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Wheat Seed Market, by Breeding Technology, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Wheat Seed Market, by Application, 2019-2032 (USD Billion)
- 8.5.8. Wheat Seed Market - Indonesia
- 8.5.8.1. Indonesia: Wheat Seed Market, by Type, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Wheat Seed Market, by Breeding Technology, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Wheat Seed Market, by Application, 2019-2032 (USD Billion)
- 8.5.9. Wheat Seed Market - South Korea
- 8.5.9.1. South Korea: Wheat Seed Market, by Type, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Wheat Seed Market, by Breeding Technology, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Wheat Seed Market, by Application, 2019-2032 (USD Billion)
- 8.6. Wheat Seed Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Wheat Seed Market, by Type, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Wheat Seed Market, by Breeding Technology, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Wheat Seed Market, by Application, 2019-2032 (USD Billion)
- 8.6.4. Wheat Seed Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Wheat Seed Market, by Type, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Wheat Seed Market, by Breeding Technology, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Wheat Seed Market, by Application, 2019-2032 (USD Billion)
- 8.6.5. Wheat Seed Market - UAE
- 8.6.5.1. UAE: Wheat Seed Market, by Type, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Wheat Seed Market, by Breeding Technology, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Wheat Seed Market, by Application, 2019-2032 (USD Billion)
- 8.6.6. Wheat Seed Market - Israel
- 8.6.6.1. Israel: Wheat Seed Market, by Type, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Wheat Seed Market, by Breeding Technology, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Wheat Seed Market, by Application, 2019-2032 (USD Billion)
- 8.6.7. Wheat Seed Market - South Africa
- 8.6.7.1. South Africa: Wheat Seed Market, by Type, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Wheat Seed Market, by Breeding Technology, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Wheat Seed Market, by Application, 2019-2032 (USD Billion)
- 8.7. Wheat Seed Market - Latin America
- 8.7.1. Latin America: Wheat Seed Market, by Type, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Wheat Seed Market, by Breeding Technology, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Wheat Seed Market, by Application, 2019-2032 (USD Billion)
- 8.7.4. Wheat Seed Market - Mexico
- 8.7.4.1. Mexico: Wheat Seed Market, by Type, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Wheat Seed Market, by Breeding Technology, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Wheat Seed Market, by Application, 2019-2032 (USD Billion)
- 8.7.5. Wheat Seed Market - Brazil
- 8.7.5.1. Brazil: Wheat Seed Market, by Type, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Wheat Seed Market, by Breeding Technology, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Wheat Seed Market, by Application, 2019-2032 (USD Billion)
- 8.7.6. Wheat Seed Market - Argentina
- 8.7.6.1. Argentina: Wheat Seed Market, by Type, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Wheat Seed Market, by Breeding Technology, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Wheat Seed Market, by Application, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Agrovegetal
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Advanta Seeds
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. BASF SE
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Corteva Agriscience
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Florimond Desprez
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Groupe Limagrain
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Hefei Fengle Seed
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Kaveri Seeds
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. KWS SAAT
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Northern Agri Brands
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. ProHarvest Seeds
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. RAGT Semences
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. Syngenta
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
- 10.14. Seed Co Limited
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development