Market Size of cotton seed Industry (seed for sowing)
Study Period | 2017 - 2030 | |
Market Size (2024) | USD 1.48 Billion | |
Market Size (2030) | USD 2.08 Billion | |
Largest Share by Breeding Technology | Hybrids | |
CAGR (2024 - 2030) | 5.82 % | |
Largest Share by Region | Asia-Pacific | |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Cotton Seed Market (seed For Sowing) Analysis
The Cotton Seed Market (seed For Sowing) size is estimated at 1.48 billion USD in 2024, and is expected to reach 2.08 billion USD by 2030, growing at a CAGR of 5.82% during the forecast period (2024-2030).
1.48 Billion
Market Size in 2024 (USD)
2.08 Billion
Market Size in 2030 (USD)
8.10 %
CAGR (2017-2023)
5.82 %
CAGR (2024-2030)
Largest Market by Breeding Technology
94.56 %
value share, Hybrids, 2023
The high share of hybrids is due to the adoption of transgenic cotton hybrids, which are insect-resistant, in the major cotton-growing countries worldwide.
Largest Market by Country
54.88 %
value share, India, 2023
Globally, India is the second leading producer of cotton and has increased productivity due to an increase in the use of hybrid seeds and intensive cultivation practices.
Fastest-growing Market by Breeding Technology
5.85 %
Projected CAGR, Hybrids, 2024-2030
The fastest growth of hybrids is expected due to the increasing area under transgenic cotton and the rise in the countries approved for transgenic cotton cultivation.
Fastest-growing Market by Country
11.47 %
Projected CAGR, Turkey, 2024-2030
It is one of the top eight cotton producers in the world, and demand from the Turkish textile industry is a significant driver for the country in adopting high-quality seeds.
Leading Market Player
15.32 %
market share, Bayer AG, 2022
The company is the market leader with its high-performance hybrid cotton varieties, which are developed using plant biotechnology and modern plant breeding practices.
Transgenic hybrids occupy the major share of the cotton seed market, with higher demand for insect-resistant hybrids
- The hybrid segment has a higher share in the global cotton seed market, which accounted for 94.5% of the market in 2022. The high-yielding and pest-resistant properties of hybrid seeds help reduce crop losses and production costs.
- In transgenic cotton hybrids, insect-resistant hybrids are highly cultivated and held around 88.4% of the market in the transgenic cotton market in 2022. The cotton crop can be damaged right from the seedling stage by several pests, such as grasshoppers, thrips, aphids, and jassids. Spiny bollworms, spotted bollworms, American bollworms, and pink bollworms are prominent among them. Insect-resistant cotton hybrids help in reducing insect attacks and increase yield.
- Asia-Pacific was the primary region in the world concerning the hybrid cotton seed market because the region faces a significant challenge of crop losses due to pests and diseases. In 2022, Asia-Pacific accounted for 76% of the global hybrid cotton seed market.
- Herbicide-tolerant cotton hybrids are popular in North America, which accounted for 88.9% of the global herbicide-tolerant cotton hybrid market in 2022. Weeds are a major problem in North America. To prevent weeds without affecting the crop, growers use herbicide-tolerant seeds.
- The open-pollinated varieties of cotton are mainly cultivated in rainfed conditions in Europe, which is estimated to register a CAGR of 9.1% during the forecast period due to the low cost of seeds and the ability to withstand water stress.
- Therefore, with the increasing usage of transgenic hybrids for their higher yield and lower cost of production, as well as the demand from textile and other industries, the cotton seed market is estimated to witness a CAGR of 5.8% during the forecast period.
Asia-Pacific dominates the market with a large area under cotton cultivation and high demand from processing industries
- Asia-Pacific is the largest cotton seed market with a significantly large cultivation area, driven primarily by the demand for cotton from the textile industry. India accounted for the major share of 73.7% of the Asia-Pacific market by value in 2022, owing to its export demand.
- In the Asia-Pacific region, hybrid seeds hold a significant edge over open-pollinated varieties and hybrid derivatives in the cotton seed market, both in terms of volume and value. This dominance can be attributed to the rising crop losses caused by pests and diseases, where hybrids perform better with enhanced resistance to insects and diseases.
- North America is the second largest producer globally. It accounted for 11.9% of the global cotton seed market value in 2022. The United States is the largest cotton-producing and exporting country in North America, with 11.1% of the global share in terms of value in 2022.
- Europe is the fastest-growing seed market owing to the increasing adoption rate of commercial seeds. Hybrids are used more than OPVs in the European Union due to the need for high yield and high stability in stress conditions. In 2022, the hybrid seeds segment accounted for 92.6% of the total cotton seed market in the region and was growing at a faster rate than the OPVs.
- Sub-Saharan Africa has a climate favorable for pest growth, resulting in a severe attack of pests on cotton and subsequent yield losses. For instance, in West Africa, an average of 25–35% of cotton yield has been reduced between 2017 and 2022 because of pests. Due to this reason, demand for hybrids is expected to increase as hybrids are resistant to pests and have high yield potential.
- The rising adoption of hybrids and rising demand for cotton from the textile industry are estimated to drive the seed market.
Cotton Seed (seed For Sowing) Industry Segmentation
Hybrids, Open Pollinated Varieties & Hybrid Derivatives are covered as segments by Breeding Technology. Africa, Asia-Pacific, Europe, Middle East, North America, South America are covered as segments by Region.
- The hybrid segment has a higher share in the global cotton seed market, which accounted for 94.5% of the market in 2022. The high-yielding and pest-resistant properties of hybrid seeds help reduce crop losses and production costs.
- In transgenic cotton hybrids, insect-resistant hybrids are highly cultivated and held around 88.4% of the market in the transgenic cotton market in 2022. The cotton crop can be damaged right from the seedling stage by several pests, such as grasshoppers, thrips, aphids, and jassids. Spiny bollworms, spotted bollworms, American bollworms, and pink bollworms are prominent among them. Insect-resistant cotton hybrids help in reducing insect attacks and increase yield.
- Asia-Pacific was the primary region in the world concerning the hybrid cotton seed market because the region faces a significant challenge of crop losses due to pests and diseases. In 2022, Asia-Pacific accounted for 76% of the global hybrid cotton seed market.
- Herbicide-tolerant cotton hybrids are popular in North America, which accounted for 88.9% of the global herbicide-tolerant cotton hybrid market in 2022. Weeds are a major problem in North America. To prevent weeds without affecting the crop, growers use herbicide-tolerant seeds.
- The open-pollinated varieties of cotton are mainly cultivated in rainfed conditions in Europe, which is estimated to register a CAGR of 9.1% during the forecast period due to the low cost of seeds and the ability to withstand water stress.
- Therefore, with the increasing usage of transgenic hybrids for their higher yield and lower cost of production, as well as the demand from textile and other industries, the cotton seed market is estimated to witness a CAGR of 5.8% during the forecast period.
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Cotton Seed Market (seed For Sowing) Size Summary
The cotton seed market, particularly for seeds used in sowing, is poised for significant growth over the coming years, driven by the increasing demand for cotton in the textile industry and the adoption of advanced seed varieties. The market is characterized by a strong preference for hybrid seeds, which dominate due to their high-yielding and pest-resistant properties. These hybrids, especially transgenic cotton hybrids, are crucial in mitigating crop losses caused by various pests, thereby enhancing productivity and reducing production costs. The Asia-Pacific region leads the market, largely due to its substantial cotton cultivation area and the challenges posed by pests and diseases. North America follows as a significant player, with herbicide-tolerant hybrids being particularly popular to combat weed issues. Europe is witnessing rapid growth in the adoption of commercial seeds, with hybrids gaining traction for their ability to withstand stress conditions.
The market landscape is fragmented, with major companies like BASF SE, Bayer AG, Corteva Agriscience, Kaveri Seeds, and Maharashtra Hybrid Seeds Co. (Mahyco) playing pivotal roles in developing and supplying improved seed varieties. These companies are focusing on traits such as drought tolerance and disease resistance to address the challenges posed by climate change and pest infestations. The demand for cotton seeds is further bolstered by the need for varieties that offer high fiber quality and adaptability to diverse growing conditions. As regions like South America and Africa expand their cotton acreage, driven by favorable climatic conditions and supportive government policies, the global cotton seed market is expected to continue its upward trajectory, with hybrid seeds maintaining a significant share due to their superior performance in pest and disease resistance.
Cotton Seed Market (seed For Sowing) Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD, Forecasts up to 2030 and analysis of growth prospects)
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1.1 Breeding Technology
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1.1.1 Hybrids
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1.1.1.1 Non-Transgenic Hybrids
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1.1.1.2 Transgenic Hybrids
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1.1.1.2.1 Herbicide Tolerant Hybrids
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1.1.1.2.2 Insect Resistant Hybrids
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1.1.2 Open Pollinated Varieties & Hybrid Derivatives
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1.2 Region
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1.2.1 Africa
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1.2.1.1 By Breeding Technology
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1.2.1.2 By Country
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1.2.1.2.1 Egypt
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1.2.1.2.2 Ethiopia
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1.2.1.2.3 Ghana
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1.2.1.2.4 Kenya
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1.2.1.2.5 Nigeria
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1.2.1.2.6 South Africa
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1.2.1.2.7 Tanzania
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1.2.1.2.8 Rest of Africa
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1.2.2 Asia-Pacific
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1.2.2.1 By Breeding Technology
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1.2.2.2 By Country
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1.2.2.2.1 Australia
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1.2.2.2.2 Bangladesh
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1.2.2.2.3 China
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1.2.2.2.4 India
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1.2.2.2.5 Indonesia
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1.2.2.2.6 Japan
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1.2.2.2.7 Myanmar
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1.2.2.2.8 Pakistan
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1.2.2.2.9 Philippines
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1.2.2.2.10 Thailand
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1.2.2.2.11 Vietnam
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1.2.2.2.12 Rest of Asia-Pacific
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1.2.3 Europe
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1.2.3.1 By Breeding Technology
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1.2.3.2 By Country
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1.2.3.2.1 France
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1.2.3.2.2 Russia
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1.2.3.2.3 Spain
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1.2.3.2.4 Turkey
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1.2.3.2.5 Rest of Europe
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1.2.4 Middle East
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1.2.4.1 By Breeding Technology
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1.2.4.2 By Country
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1.2.4.2.1 Iran
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1.2.4.2.2 Rest of Middle East
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1.2.5 North America
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1.2.5.1 By Breeding Technology
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1.2.5.2 By Country
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1.2.5.2.1 Mexico
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1.2.5.2.2 United States
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1.2.5.2.3 Rest of North America
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1.2.6 South America
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1.2.6.1 By Breeding Technology
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1.2.6.2 By Country
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1.2.6.2.1 Argentina
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1.2.6.2.2 Brazil
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1.2.6.2.3 Rest of South America
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Cotton Seed Market (seed For Sowing) Market Size FAQs
How big is the Global Cotton Seed Market (seed For Sowing)?
The Global Cotton Seed Market (seed For Sowing) size is expected to reach USD 1.48 billion in 2024 and grow at a CAGR of 5.82% to reach USD 2.08 billion by 2030.
What is the current Global Cotton Seed Market (seed For Sowing) size?
In 2024, the Global Cotton Seed Market (seed For Sowing) size is expected to reach USD 1.48 billion.