Report Description
South America Seeds Market Outlook 2031:
The South America seeds industry market size was valued at USD 6.39 Billion in 2022 and is projected to reach USD 9.36 Billion by 2031, expanding at a CAGR of 4.33% during the forecast period 2023 - 2031. The growth of the market is attributed to the increasing seed companies’ investment in modern technique such as genetic engineering, market-assisted breeding with traditional breeding techniques for improvement of traits and establishment of novel traits.
Seed is embryonic plant with protective outer covering. The process of reproduction in seed plant forms a seed long with spermatophytes, including gymnosperm and angiosperm plants. Seed is product of the ripened ovule and fertilization by pollen. The COVID-19 pandemic has negatively impacted the certification, distribution, and production process and cost of seeds in the pandemic.
South America Seeds Market Trends, Drivers, Restraints, and Opportunities
- Rising food demand owing to increasing population is driving the market growth.
- Growing government support to farmers facing conditions such as salinity and drought is estimated to propel the growth of market.
- Growing use of biotechnology for development of nutritious crop varieties is one of the major drivers of the market.
- Farmer use of existing seeds from previous harvest to reduce expenditure on seeds can impede the market growth.
- Enhancement in research and development of new seed development techniques is anticipated to create lucrative opportunities in the seed industry.
Scope of Seeds Market Report
The South America seeds market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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South America Seeds Industry Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Products (GM Seeds, Varietal Seeds, and Non-GM/Hybrid Seeds), Crop Types (Pulses &Oilseeds [Sunflower, Canola, Pulses, Soybean, and Others], Cotton & Vegetables [Roots & Bulb, Solanaceae, Brassica, Cucurbit, and Other], Grains & Cereals [Rice, Wheat, Sorghum, Maize, and Others] and Others)
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Geographical Scope
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Argentina, Brazil, Uruguay, and Rest of South America
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Monsanto; KWS SAAT SE & Co.; Syngenta; Limagrain; and Pioneer Hi Bred International
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South America Seeds Market Segment Insights
GM Seeds segment to hold a major market share
In terms of products, the market is categorized as GM seeds, varietal seeds, and non-GM/hybrid seeds.
The GM Seeds segment is projected to expand at a considerable CAGR during the forecast period. GM Seeds increase the crop yield, vanishes the use of herbicides and pesticides, which in turn, increases the profit for farmers. GM seeds increase the antibiotic resistance of seeds. On the other hand, the rising food demand is driving the growth of the market segment.
Grains and oilseeds is anticipated to exhibit a high CAGR
On the basis of crop types, the market is segregated into pulses & oilseeds, cotton & vegetables, and grains & cereals.
The pulses & oilseeds segment is further classified as sunflower, canola, pulses, soybean, and others. The cotton & vegetables segment is divided into roots & bulb, solanaceae, brassica, cucurbit, and others.
The grains & cereals segment is categorized as rice, wheat, sorghum, maize, and others. Grains and oilseeds is expected to hold a large market share during the forecast period.
Brazil is projected to expand at a considerable CAGR
Based on geography, the South America seeds market is categorized as Argentina, Brazil, Uruguay, and Rest of South America.
Brazil is expected to constitute a key share of the market during the projected period due to rising population and increasing demand for food. On the other hand, the market of Argentina is expected to grow at a healthy rate due to favorable government agricultural policies.
Segments
The South America seed market is segmented on the basis of:
Products
- GM Seeds
- Varietal Seeds
- Non-GM/Hybrid Seeds
Crop Types
- Pulses &Oilseeds
- Sunflower
- Canola, Pulses
- Soybean
- Others
- Cotton & Vegetables
- Roots & Bulb
- Solanaceae,
- Brassica
- Cucurbit
- Others
- Grains & Cereals
- Rice
- Wheat
- Sorghum
- Maize
- Others
Geography
- Argentina
- Brazil
- Uruguay
- Rest of South America
Key Players
Competitive Landscape
The key players competing in the South America seed market are Monsanto; KWS SAAT SE & Co.; Syngenta; Limagrain; and Pioneer Hi Bred International.
Companies are investing in increasing their production capacities and engaging in partnerships to expand their market share.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. 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. Seeds Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Seeds Market - Supply Chain
4.5. Global Seeds Market Forecast
4.5.1. Seeds Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Seeds Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Seeds Market Absolute $ Opportunity
5. Global Seeds Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Seeds Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Seeds Demand Share Forecast, 2019-2026
6. North America Seeds Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Seeds Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Seeds Demand Share Forecast, 2019-2026
7. Latin America 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
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Seeds Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Seeds Demand Share Forecast, 2019-2026
8. Europe 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. Europe Average Pricing Analysis
8.2. Europe Seeds Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Seeds Demand Share Forecast, 2019-2026
9. Asia Pacific 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. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Seeds Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Seeds Demand Share Forecast, 2019-2026
10. Middle East & Africa 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. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Seeds Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Seeds Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Seeds Market: Market Share Analysis
11.2. Seeds Distributors and Customers
11.3. Seeds Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)