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Custom Selected Seed Market Trends

Report ID: GMI6362
Published Date: Aug 2024
Report Format: PDF

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Custom Selected Seed Market Trends

There is an increasing demand for custom selected seeds that cater to specialty and niche crops, such as organic produce, heirloom varieties, and crops used in specific ethnic cuisines. Advancements in technology, including precision agriculture, remote sensing, and data analytics, are influencing the market. Farmers are utilizing data-driven insights to make informed seed selection decisions based on their specific fields conditions.

Market trends in the Custom Selected Seed sector include a growth of market is experiencing dynamic growth, fueled by advancements in biotechnology and increasing demand for tailored agricultural solutions. Emerging opportunities include the development of seeds with enhanced drought resistance and nutrient efficiency, catering to climate variability and resource constraints.

The rise of precision agriculture technologies and data-driven farming practices is driving innovation, allowing for more precise customization and higher yields. Additionally, growing consumer preferences for organic and sustainably sourced products are creating niche markets for specialized seeds. These trends present opportunities for companies to invest in cutting-edge R&D, strategic partnerships, and sustainable practices to capture new market segments.

Authors: Kiran Pulidindi, Manish Verma

Frequently Asked Questions (FAQ) :

Custom selected seed industry size was valued USD 2.01 billion in 2023 and will grow at 6.5% CAGR between 2024 and 2032, fueled by the rising demand for high-yield, disease-resistant crops tailored to specific regional conditions.

The herbicide tolerant segment captured 30% of the custom selected market share in 2023, driven by its ability to significantly enhance crop yield and efficiency.

North America custom selected seed industry will witness 6.5% CAGR through 2032, attributed to its advanced agricultural infrastructure and strong emphasis on biotechnology and genetic engineering.

Major manufacturers operating in the custom selected seed industry are BASF SE, Bayer CropScience AG, Bejo Zaden BV, Dow AgroSciences LLC, DuPont Pioneer, Enza Zaden, Groupe Roullier (Phyterra), Harris Seeds, Johnnys Selected Seeds, and Syngenta AG, among others.