Agribusiness

  Global Seeds Market Overview The Seeds Market Size was valued at USD 60.5 Billion in 2022. The Seeds market industry is projected to grow from USD 63.1 Billion in 2023 to USD 89.1 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.40% during the forecast period (2023–2032). The need to increase food production, surge in usage of animal feed and biofuel, and agriculture modernization are the factors expected to drive the growth of the market. Based on type , the global seeds market has been segmented into GM seeds and non-GM seed. GM seeds segment is anticipated to gain the largest revenue share in the global seeds market and shall maintain lead throughout the forecast period. The demand of GM seeds is increasing, due to characteristics such as higher yield, faster growth, and pest & disease resistance. This is a crucial determinant that is catalysing the growth of GM seeds segment in the global seeds market. The same segment is expected to grow with the ...