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Organic Seed Market Size

  • Report ID: GMI247
  • Published Date: Nov 2023
  • Report Format: PDF

Organic Seed Market Size

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.

 

Organic Seed Market
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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.  

 

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.  

Authors: Kunal Ahuja, Tushar Malkani

Frequently Asked Questions (FAQ) :

The market size of organic seed is poised to expand at over 8.3 % CAGR during 2023 to 2032, due to the rising demand for food labelled as organic.

The wholesaler segment will witness significant growth rate through 2032, as they are capable of connecting with a broad spectrum of retailers and growers that guarantees an increased availability of the product for farmers in several geographical regions.

Fedco, Southern Exposure Seed Exchange, Seed Saver Exchange, Baker Creek Heirloom, Renee’s Garden, and High Mowing.

The organic seed industry from wholesaler distribution channel is set to exceed a revenue of USD 4.2 billion by 2027 given that wholesalers provide seeds at lower prices to the final consumers or retailers.

Organic Seed Market Scope

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Premium Report Details

  • Base Year: 2020
  • Companies covered: 19
  • Tables & Figures: 95
  • Countries covered: 18
  • Pages: 300
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