June 8, 2024

Organic Seed Market Size to Grow USD 11.20 Billion by 2033

The global organic seed market size is projected to grow around USD 11.20 billion by 2033, growing at a CAGR of 11.12% from 2024 to 2033.

Key Points

  • North America has generated highest revenue share of around 36% in 2023.
  • Asia pacific is fastest growing region with highest CAGR during the forecast period in organic seed market.
  • Based on a type, the vegetable seed segment held the largest market share of 32.5% in 2023 and dominated the market. it is further anticipated to grow exponentially in the global organic seed market.

Organic Seed Market Size 2024 to 2033

The organic seed market refers to the segment of the agricultural industry that produces seeds using organic farming methods and techniques. These seeds are cultivated without the use of synthetic pesticides, fertilizers, or genetically modified organisms (GMOs). The demand for organic seeds has been steadily increasing due to growing consumer awareness about the benefits of organic farming practices and the rising demand for organic food products.

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Growth Factors:

Several factors contribute to the growth of the organic seed market. These include increasing consumer preference for organic and non-GMO food products, rising awareness about environmental sustainability, government initiatives promoting organic farming, and advancements in organic breeding techniques leading to the development of high-quality organic seeds.

Region Insights:

The organic seed market exhibits significant regional variation, with North America, Europe, and Asia Pacific being key regions driving market growth. North America and Europe have well-established organic farming industries and stringent regulations governing the production and sale of organic seeds. In Asia Pacific, the market is experiencing rapid growth due to increasing adoption of organic farming practices and rising consumer demand for organic products.

Organic Seed Market Scope

Report Coverage Details
Growth Rate from 2024 to 2033 CAGR of 11.12%
Global Market Size in 2023 USD 3.90 Billion
Global Market Size in 2024 USD 4.33 Billion
Global Market Size by 2033 USD 11.20 Billion
Largest Market North America
Base Year 2023
Forecast Period 2024 to 2033
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Organic Seed Market Dynamics

Drivers:

Several drivers propel the growth of the organic seed market, including consumer concerns about food safety and health, the desire for chemical-free agricultural products, regulatory support for organic farming, and the expansion of organic farming acreage globally. Additionally, the increasing popularity of organic gardening and homegrown produce further drives demand for organic seeds.

Opportunities:

The organic seed market presents various opportunities for growth and innovation. These include expanding product offerings to meet the diverse needs of organic farmers, leveraging technological advancements in seed breeding and biotechnology, tapping into emerging markets in developing countries, and investing in research and development to improve seed quality and yield.

Challenges:

Despite its growth potential, the organic seed market faces several challenges, such as limited availability of organic seed varieties for certain crops, higher production costs compared to conventional seeds, regulatory complexities associated with organic certification, and the threat of contamination from GMO crops. Additionally, ensuring consistent seed quality and addressing supply chain issues remain ongoing challenges for industry stakeholders.

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Recent Developments

  • In 2023, Johnny’s selected seeds launched a new product of organic seeds to expand their portfolio and this expansion is incorporated with total 42 products. The company’s main agenda was to offer an improvement in organic seeds production and developing an innovative type of organic seeds. Such a step can help in strengthened their presence in the global market.
  • In July 2023, Enza Zaden Global started the construction of an innovative production facility for the cultivation of Vitalis organic vegetable seeds. This new construction is developing in the Netherlands. The site is considered as hub for producing Vitalis organic seeds and selling it in the global market. this operation is expected to start in April 2024.

Organic Seed Market Companies

  • Vitalis Organic Seeds
  • Seeds of Change Inc.
  • Seed Savers Exchange
  • Southern Exposure Seed Exchange
  • Johnny’s Selected Seeds
  • Wild Garden Seed

Segments Covered in the Report

By Type

  • Field Crop Seeds
  • Vegetable Seeds
  • Fruit and Nut Seeds
  • Others

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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