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Custom Selected Seed Market Size

Report ID: GMI6362
Published Date: Aug 2023
Report Format: PDF

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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.

Custom Selected Seed Market Report Attributes
Report Attribute	Details
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:	Rising global demand for vegetables, fruit and cereals Rising population Changing climatic conditions
Pitfalls & Challenges:	Complexity and Cost of Customization Limited Availability and Diversity Regulatory Compliance and Certification

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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.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size for custom selected seed exceeded USD 1902 million in 2022 and will reach USD 3570.2 million by 2032.

Custom selected seed market share from the treated seeds segment will observe more than 6.2% CAGR from 2023 to 2032 as seeds with biological treatments are favored by growers adopting sustainable and natural pest control methods.

U.S. market for custom selected seed was valued at USD 400.3 million in 2022 and will expand at a significant pace from 2023 to 2032 as the region has a diverse range of crops, including specialty crops like fruits, vegetables, and niche products.

Monsanto Company, Dow AgroSciences LLC, DuPont Pioneer, BASF SE, Bayer CropScience AG, Limagrain, Groupe Roullier (Phyterra), Bejo Zaden BV, Enza Zaden, Johnny's Selected Seeds, Harris Seeds, Jung Seed Company, Seed Savers Exchange among others.