Market Size of north america grain seed Industry
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Study Period | 2017 - 2030 |
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Market Size (2024) | USD 14.87 Billion |
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Market Size (2030) | USD 22.17 Billion |
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Largest Share by Breeding Technology | Hybrids |
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CAGR (2024 - 2030) | 6.88 % |
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Largest Share by Country | United States |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
North America Grain Seed Market Analysis
The North America Grain Seed Market size is estimated at 14.87 billion USD in 2024, and is expected to reach 22.17 billion USD by 2030, growing at a CAGR of 6.88% during the forecast period (2024-2030).
14.87 Billion
Market Size in 2024 (USD)
22.17 Billion
Market Size in 2030 (USD)
8.20 %
CAGR (2017-2023)
6.88 %
CAGR (2024-2030)
Largest Market by Crop
81.06 %
value share, Corn, 2023
The demand for corn increases due to the high-value crop, high Return on Investment, and increase in the demand for biofuel production by the feed and lubricants industry.
Largest Market by Country
85.03 %
value share, United States, 2023
The country is the second-largest producer of grains globally, with corn and wheat being the major contributors. The country is the leading producer of biofuel globally.
Fastest-growing Market by Crop
7.09 %
Projected CAGR, Corn, 2024-2030
The market expansion for corn seeds is driven by the crop's ability to adapt to changing weather conditions and an increase in the demand for animal feed by dairy farmers.
Fastest-growing Market by Country
7.20 %
Projected CAGR, United States, 2024-2030
It is the largest market for grain seeds due to an increase in the demand for flour and feed, and growing tortilla prices have led to an increase in the demand for grain seeds.
Leading Market Player
31.58 %
market share, Corteva Agriscience, 2022
The company has made extensive product innovations and effective partnership strategies. It has recently launched its new gene-editing technology in corn hybrids and other crops.
Hybrids dominate the market due to advancements in breeding technologies and growing consumer preference for quality produce
- In North America, the hybrid segment dominated the grain seed market, with a share of 76.6% in terms of value in 2022. Hybrids are tailored to specific growing conditions, allowing farmers to choose varieties that perform well in their particular region or environment.
- Among hybrids, the major crop produced is corn, which accounted for about 92.8% of the grain seed market in 2022. This is because hybrid corn seeds consistently produce higher yields compared to open-pollinated varieties, resulting in increased productivity and profitability for farmers.
- New plant breeding techniques are allowing the development of new hybrid varieties with desired traits by modifying the DNA of the seeds and plant cells. Innovations in plant breeding are helping address the challenges farmers face in the field every day. This, in turn, drives the hybrid seed market.
- Open-pollinated seeds exhibit a more comprehensive range of genetic diversity, allowing for flavor, color, and size variations that can appeal to different consumer preferences. As a result, there is a growing demand from organic growers for regenerative agricultural practices.
- Wheat is the second most cultivated crop in the grains and cereals segment, using open-pollinated varieties after corn. It accounted for 40.6% of the grain seed market value of open-pollinated varieties in 2022. This is because open-pollinated varieties offer a wider range of traits and genetic diversity that offer high yield and adaptability to the local environment, which can be valuable for wheat farmers.
- There is an increasing demand for hybrid seeds due to the high yield and less production area required for the same output by open-pollinated varieties, which is expected to drive the growth of hybrid seeds in the market.
The United States dominated the grain seed market in the region, with corn and wheat being major crops
- In 2022, grains and cereals accounted for 57.6% of the North American seed market. The total acreage under grains and cereals in the region in 2022 was 82.7 million hectares, which increased by 1.3% compared to 2021 due to an increase in the number of processing facilities and governments pushing the adoption of self-sufficiency as grains and cereals are a staple food in the diet.
- The United States is the second-largest producer of grains and cereals globally, with corn and wheat being the major contributors. The US corn seed segment accounted for 53.9% of the overall US seed market in 2022.
- Wheat, oats, and barley are the major cereals cultivated in Canada, accounting for more than 14 million hectares in 2022 and producing more than 45 million metric ton of grains. Canada is the fifth-largest producer of wheat, producing more than what is required for consumption. Canada exports wheat to more than 80 countries.
- In 2022, the Mexican grain seed market accounted for a market value of USD 961 million, which increased by 25.4% compared to 2019 due to high international commodity prices and government programs incentivizing small growers to produce basic grains. These factors are boosting Mexico’s total grain production, particularly of rice and wheat.
- The grains and cereals seed market of Rest of North America accounted for 3.3% of the region's grains and cereals seed market value in 2022. The total acreage in 2022 was 2.3 million hectares, which has decreased by 3.8% since 2017 due to tropical storms and cyclones in the major producing countries, such as Cuba and Costa Rica.
- The increasing government support and continuous demand for staple food are estimated to boost the seed market in the region during the forecast period, with a CAGR of 6.8%.
North America Grain Seed Industry Segmentation
Hybrids, Open Pollinated Varieties & Hybrid Derivatives are covered as segments by Breeding Technology. Corn, Rice, Sorghum, Wheat are covered as segments by Crop. Canada, Mexico, United States are covered as segments by Country.
- In North America, the hybrid segment dominated the grain seed market, with a share of 76.6% in terms of value in 2022. Hybrids are tailored to specific growing conditions, allowing farmers to choose varieties that perform well in their particular region or environment.
- Among hybrids, the major crop produced is corn, which accounted for about 92.8% of the grain seed market in 2022. This is because hybrid corn seeds consistently produce higher yields compared to open-pollinated varieties, resulting in increased productivity and profitability for farmers.
- New plant breeding techniques are allowing the development of new hybrid varieties with desired traits by modifying the DNA of the seeds and plant cells. Innovations in plant breeding are helping address the challenges farmers face in the field every day. This, in turn, drives the hybrid seed market.
- Open-pollinated seeds exhibit a more comprehensive range of genetic diversity, allowing for flavor, color, and size variations that can appeal to different consumer preferences. As a result, there is a growing demand from organic growers for regenerative agricultural practices.
- Wheat is the second most cultivated crop in the grains and cereals segment, using open-pollinated varieties after corn. It accounted for 40.6% of the grain seed market value of open-pollinated varieties in 2022. This is because open-pollinated varieties offer a wider range of traits and genetic diversity that offer high yield and adaptability to the local environment, which can be valuable for wheat farmers.
- There is an increasing demand for hybrid seeds due to the high yield and less production area required for the same output by open-pollinated varieties, which is expected to drive the growth of hybrid seeds in the market.
| Breeding Technology | ||||||||
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| Open Pollinated Varieties & Hybrid Derivatives |
| Crop | |
| Corn | |
| Rice | |
| Sorghum | |
| Wheat | |
| Other Grains & Cereals |
| Country | |
| Canada | |
| Mexico | |
| United States | |
| Rest of North America |
North America Grain Seed Market Size Summary
The North America Grain Seed Market is experiencing significant growth, driven by the increasing demand for hybrid seeds, particularly corn, which dominates the market due to its high yield and profitability. The hybrid segment, tailored to specific growing conditions, has become the preferred choice for farmers, accounting for a substantial portion of the market. Innovations in plant breeding techniques are further enhancing the appeal of hybrid seeds by introducing desirable traits, thereby addressing agricultural challenges and boosting productivity. Meanwhile, open-pollinated varieties continue to hold value, especially among organic growers and for crops like wheat, which benefit from genetic diversity and adaptability to local environments. The market's expansion is supported by government initiatives and the growing need for staple foods, reinforcing the importance of grains and cereals in the region.
The United States, Canada, and Mexico are key players in the North American grain seed market, with the U.S. being a major producer of corn and wheat. The region's agricultural landscape is characterized by a significant acreage dedicated to grains and cereals, driven by both domestic consumption and export demands. The market is fairly consolidated, with leading companies like BASF SE, Bayer AG, Corteva Agriscience, Land O’Lakes Inc., and Syngenta Group dominating the scene. Recent advancements, such as gene-editing technologies and new hybrid varieties, are expected to further propel market growth by enhancing crop resilience and yield. The increasing availability of hybrids and the demand for traits that reduce input costs and improve adaptability are key factors contributing to the market's positive outlook.
North America Grain Seed 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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1.1.1.2.3 Other Traits
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1.1.2 Open Pollinated Varieties & Hybrid Derivatives
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1.2 Crop
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1.2.1 Corn
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1.2.2 Rice
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1.2.3 Sorghum
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1.2.4 Wheat
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1.2.5 Other Grains & Cereals
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1.3 Country
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1.3.1 Canada
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1.3.2 Mexico
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1.3.3 United States
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1.3.4 Rest of North America
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North America Grain Seed Market Size FAQs
How big is the North America Grain Seed Market?
The North America Grain Seed Market size is expected to reach USD 14.87 billion in 2024 and grow at a CAGR of 6.88% to reach USD 22.17 billion by 2030.
What is the current North America Grain Seed Market size?
In 2024, the North America Grain Seed Market size is expected to reach USD 14.87 billion.
