Maize Seeds Market Trends, Growth, Industry & Revenue [2031]

Segments - Maize Seeds Market by Types (Conventional Seeds, Genetically Modified Seeds, and Non Genetically Modified Seeds) and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 - 2031

Author : Anuradha B. More

Fact-checked by : Vaibhav Chandola

Editor : Shruti Bhat

Report Description

Maize Seeds Market Outlook 2031:

The global maize seeds market size was valued at USD 23.50 Billion in 2022 and is projected to reach USD 33.45 Billion by 2031, expanding at a CAGR of 4% during the forecast period 2023 - 2031. The growth of the market is attributed to the rising inclination toward healthy and organic feed products.

Maize is derived from Balsas teosinte, also known as wild grass. The corn plant is a tall annual grass with a solid stem and stout. The huge narrow leaves have wavy edges and are dispersed alternately on opposite sides of the stem. Maize is one of the forage crops sown globally.

It is a nutritive crop that can be fed at any point of growth. Varieties of white and yellow corn are the mostly used in food items; however, assortments with red, blue, pink, and dark parts are frequently spotted or striped. Maize seeds is also the important sources for the production of organic fungicides and pesticides.

Commercial classifications, based mainly on kernel texture, includes flint corn, dent corn, flour corn, popcorn, and sweet corn. Dent corn is generally grown for production of animal feed. Flint corn, rich in soft starch, is used in decoration. Flour corn, composed mainly of soft starch, has mealy, soft, and easily ground kernels and is a vital source of maize flour. Sweet corn is a translucent seed. While popcorn is an extreme class of flint corn characterized by soft starch.

Maize Seeds Market Trends, Drivers, Restraints, and Opportunities

Rapid increase in raw material demand from the bio-fuel industry for production of second generation bio-oil is expected to boost the maize market.
High demand for superior quality food to feed increasing population is anticipated to spur the market growth during the forecast period.
Growing governments focus on boosting the agriculture sector is estimated to drive the market growth.
Rising demand for maize among livestock is estimated to drive the market growth.
Decrease in seed yield owing to soil erosion and lack of soil fertility is anticipated to restrain the market development.
Overcoming biotic challenges can create new opportunities in the market development in the projected timeline.

Scope of the Maize Seeds Market Report

The report on the global maize seeds market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Maize Seeds Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Types (Conventional Seeds, Genetically Modified Seeds, and Non Genetically Modified Seeds)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Corteva Agriscience; Groupe Limagrain; UPL limited; Bayer CropScience AG; and Syngenta AG

Maize Seeds Market Segment Insights

Non genetically modified segment is expected to grow at a rapid pace

Based on types, the market is divided into conventional seeds, genetically modified seeds, and non genetically modified seeds. The non genetically modified segment is expected to grow at a rapid pace during the forecast period due to the rapid increase in the demand for naturally grown maize owing to rising health consciousness and its nutritious nature.

North America is anticipated to constitute a key market share

In terms of regions, the maize seeds market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute a key share of the market during the forecast period. The market in the US, a country in North America, has drastically changed over the last few years owing to increasing demand from the agriculture sector.

Growing demand from sugar and allied industries is anticipated to facilitate the market growth in the region. On the other hand, Asia Pacific is expected to grow at a substantial rate owing to rising focus of government agencies in India and China on agriculture sector.

Segments

The global maize seeds market has been segmented on the basis of

Types

Conventional Seeds
Genetically Modified Seeds
Non Genetically Modified Seeds

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

Corteva Agriscience
Groupe Limagrain
UPL limited
Bayer CropScience AG
Syngenta AG

Competitive Landscape

Key players competing in the maize seeds market are Corteva Agriscience; Groupe Limagrain; UPL limited; Bayer CropScience AG; and Syngenta AG.

Some of these players are adopting several business strategies, which includes acquisitions, mergers, collaborations, partnerships, and capacity expansion to enhance their market share while others are focusing on research and development to strengthen their market position.

Maize Seeds Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Maize Seeds Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Maize Seeds Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Maize Seeds Market - Supply Chain
  4.5. Global Maize Seeds Market Forecast
     4.5.1. Maize Seeds Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Maize Seeds Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Maize Seeds Market Absolute $ Opportunity
5. Global Maize Seeds Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Maize Seeds Market Size and Volume Forecast by Types
     5.3.1. Conventional Seeds
     5.3.2. Genetically Modified Seeds
     5.3.3. Non Genetically Modified Seeds
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Maize Seeds Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Maize Seeds Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Maize Seeds Demand Share Forecast, 2019-2026
7. North America Maize Seeds Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Maize Seeds Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Maize Seeds Market Size and Volume Forecast by Types
     7.4.1. Conventional Seeds
     7.4.2. Genetically Modified Seeds
     7.4.3. Non Genetically Modified Seeds
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Maize Seeds Demand Share Forecast, 2019-2026
8. Latin America Maize Seeds Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Maize Seeds Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Maize Seeds Market Size and Volume Forecast by Types
     8.4.1. Conventional Seeds
     8.4.2. Genetically Modified Seeds
     8.4.3. Non Genetically Modified Seeds
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Maize Seeds Demand Share Forecast, 2019-2026
9. Europe Maize Seeds Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Maize Seeds Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Maize Seeds Market Size and Volume Forecast by Types
     9.4.1. Conventional Seeds
     9.4.2. Genetically Modified Seeds
     9.4.3. Non Genetically Modified Seeds
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Maize Seeds Demand Share Forecast, 2019-2026
10. Asia Pacific Maize Seeds Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Maize Seeds Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Maize Seeds Market Size and Volume Forecast by Types
     10.4.1. Conventional Seeds
     10.4.2. Genetically Modified Seeds
     10.4.3. Non Genetically Modified Seeds
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Maize Seeds Demand Share Forecast, 2019-2026
11. Middle East & Africa Maize Seeds Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Maize Seeds Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Maize Seeds Market Size and Volume Forecast by Types
     11.4.1. Conventional Seeds
     11.4.2. Genetically Modified Seeds
     11.4.3. Non Genetically Modified Seeds
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Maize Seeds Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Maize Seeds Market: Market Share Analysis
  12.2. Maize Seeds Distributors and Customers
  12.3. Maize Seeds Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Corteva Agriscience
     12.4.2. Groupe Limagrain
     12.4.3. UPL limited
     12.4.4. Bayer CropScience AG
     12.4.5. Syngenta AG