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Organic Seed Market size is estimated to grow at over 8.3 % CAGR between 2023 and 2032, attributed to the rising demand for food labelled as organic. As per Pew Research Centre, approximately 34% of Americans include organic foods in their diet, with an additional 6% exclusively consuming organic products. As consumers become more discerning about the source of their food and the environmental impact of conventional farming, there is a growing preference for organic products.
The rising emphasis on biodiversity and environment conservation has amplified the product demand. Traditional farming practices often include the use of genetically modified seeds and monoculture. However, organic seeds support a more diverse and resilient agricultural ecosystem, stimulating soil health and reducing the need for chemical interventions. This ecological approach resonates with both farmers and consumers, contributing to the market growth in the coming years.
Report Attribute | Details |
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Base Year: | 2020 |
Forecast Period: | 2021 to 2027 |
Forecast Period 2021 to 2027 CAGR: | 8.3% |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 300 |
Tables, Charts & Figures: | 95 |
Segments covered: | Product, Distribution Channel |
Growth Drivers: |
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Pitfalls & Challenges: |
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Government support and regulatory frameworks also play a vital role in promoting the use of organic seeds. Recognizing the environmental and health benefits of organic agriculture, many governments are implementing policies that incentivize farmers to adopt organic practices. Subsidies, research funding, and certification programs for organic seeds create a positive organic seed market outlook.
The cost associated with organic seed production is considerably higher compared to conventional alternatives. This cost disparity, stemming from the more intricate processes involved in organic seed breeding and certification, can deter some farmers from transitioning to organic farming practices. In addition, the limited availability of a diverse range of organic seed varieties, particularly for certain crops, poses a challenge, limiting the choices for farmers seeking alternatives to conventional seeds. These factors will restrict the organic seed industry expansion.
The COVID-19 pandemic posed both challenges and opportunities for the organic seed market. While disruptions in the supply chain and logistical constraints initially plunged the industry, the pandemic has also heightened consumer awareness of health and sustainability. As people become more conscious of the importance of a resilient and secure food supply, there is an increasing interest in sustainable and organic farming practices, including the use of organic seeds. This shift in consumer behavior, combined with a growing emphasis on food security, has the potential to drive long-term market growth.
There is a noticeable surge in demand for novel and specialty organic seeds. Farmers are continuously seeking unique and exotic varieties, in order to diversify the produce. Along with the shift in culinary preferences of consumers, the importance of genetic diversity in organic farming for promoting resilience against environmental challenges will stimulate the industry.
As more and more people participate in home gardening and urban agriculture, there is a growing desire for compact, high-yield organic seed varieties that are well-suited for limited spaces. This inclination resonates with the sustainable living and self-sufficiency ideologies. Consequently, there is a rising demand for accessible and adaptable organic seeds, as urban dwellers seek to cultivate their own organic produce.
The rising adoption of organic farming practices by large-scale commercial agriculturists is a significant trend shaping the organic seed market dynamics. As per USDA, in 2021, there were around 17,445 certified organic farms with a total sale of US$ 11.2 billion in organic products. Acknowledging the enduring advantages of sustainable agriculture, key players are shifting towards organic practices and procuring organic seeds for their crops. This shift not only reflects a commitment to environmental responsibility but also contributes to the mainstreaming of the practice.
The vegetable seed segment will record more than 8.3% CAGR during 2023 to 2032, as vegetables are rich in soluble and insoluble fibers, making them a essential part of healthy diet.
As per distribution channel, organic seed market from wholesaler segment will witness significant growth rate through 2032, owing to the purchase of seeds in bulk quantities from the farmers.
North America organic seed market will expand at a rate of above 7.5% CAGR between 2023 and 2032. Increasing consumer awareness and demand for organic products have spurred a shift towards organic farming practices. As consumers prioritize healthier and naturally sustainable choices, there is a rising need for organic seeds to support this transition in agriculture. The region's emphasis on sustainable agriculture, combined with a growing number of certified organic farms, further propels the product adoption. Supportive regulatory policies and rules in the region are cultivating a conducive environment for the growth of organic farming, shaping the market outlook.
Leading companies, including Johnny’s Selected, are implementing a multifaceted approach to maintain their competitive edge. The company's emphasis on providing a diverse range of organic seed varieties to promote sustainable agriculture, has contributed to a broader adoption of organic farming practices. Similar steps are being undertaking by other industry players, namely:
Market, By Product
Market, By Distribution Channel
The above information has been provided for the following regions and countries: