Organic Seed Market Size to Worth Around USD 11.20 Bn by 2033
A recent market report published by Precedence Research, the global organic seed market size was estimated at USD 3.90 billion in 2023 and is expected to be worth around USD 11.20 billion by 2033 with a CAGR of 11.12% from 2024 to 2033.
Increasing organic food demand in the recent past is expected to drive the global organic seeds industry over the forecast period. Such trends have emerged due to the growing awareness regarding negative health impacts related to hazardous chemicals used in agriculture. Increasing environmental concerns regarding chemical utilization in conventional agriculture is a key factor that is presumed to aid organic farming, which in turn is presumed to assist the market in the near future. The favorable regulatory framework is another major factor that is expected to support market growth over the next seven years.
Initiatives taken by governments and agencies related to agriculture are presumed to play an important role in shaping the global industry over the forecast period. An increase in demand over the recent past is attributed to growing awareness regarding health benefits related to organic food consumption.
These food products have several superior characteristics such as high antioxidants and other nutritional values. These products are devoid of any exposure to chemicals such as fertilizers, pesticides, and insecticides, and are deemed healthier than their conventional counterparts.
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Organic Seed Market Size in U.S. 2024 to 2033
The U.S. organic seed market size was estimated at USD 1.22 billion in 2023 and is projected to surpass around USD 3.49 billion by 2033 at a CAGR of 11.30% from 2024 to 2033.
North America dominated the global organic seed market with a 36% revenue share in 2023.?Many factors are contributed to this growth including, popularity of home gardening is rising among the people even in urban areas, awareness about healthy foods and its possible benefits on human body and productivity in life, supportive governments policies and regulations for the organic seed market. These are some of the major key drivers for fuelling the dominance of north America in organic seed market. Feild crop seed segment almost held the 50% market share as per the organic sales recorded in Canada.
Also, major key players are contributing to the growth of this segment such as, Johhny's selected seeds and southern exposure seed exchange etc. Despite of this, many of the organic farmers are still depends upon conventionally derived seeds in united states. Considering these seeds as an economical option to the organic seeds at least to some extent. Such an inclination of farmers towards conventional seeds use may hinder the markets expansion on a global level.
Asia Pacific has accounted for 25% revenue share in 2023 and is the fastest-growing region with the highest CAGR during the forecast period in the organic seed market.?The majority of seeds produced in developing countries like India, Japan, are imported by the developed countries such as Canada and united states. developing countries like India, China has been practising organic farming method since thousands of years. As chemically loaded soil is becoming unfruitful since past some decades, many of the regions have started to adopt an organic farming method world widely.
For instance, the Indian government has initiated a national program for organic production to promote the organic farming and seeds. India is leading towards establishing a stronghold over the organic seed market and holds a significantly promising future in the organic seed market.
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Here are some of the Top Trends in the Organic Seed Market:
Increased Demand for Heirloom and Open-Pollinated Varieties: Consumers and farmers are showing a growing interest in heirloom and open-pollinated organic seed varieties. These varieties often boast unique flavors, colors, and characteristics, appealing to those seeking diversity and traditional farming practices.
Focus on Nutritional Quality: There is a trend towards selecting organic seed varieties that not only provide high yields but also boast superior nutritional profiles. Consumers are increasingly conscious of the nutritional value of their food, driving demand for organic seeds that produce crops with enhanced health benefits.
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Climate-Resilient Varieties: With climate change affecting agricultural conditions worldwide, there is a rising demand for organic seed varieties that are resilient to environmental stresses such as drought, heat, and pests. Breeders are focusing on developing organic seeds adapted to changing climate conditions to ensure reliable yields and sustainable farming practices.
Regional Adaptation: Organic seed producers are prioritizing the development of varieties specifically adapted to regional climates and growing conditions. This trend reflects the need for organic seeds that perform well in diverse agroecological zones, promoting successful organic farming practices and reducing reliance on external inputs.
Transparency and Traceability: Consumers are increasingly demanding transparency and traceability throughout the food supply chain, including the origin of seeds used in organic farming. Seed companies are responding by providing detailed information about the sourcing, breeding methods, and certification of their organic seed varieties, building trust among consumers and farmers.
Partnerships and Collaborations: Collaboration between seed companies, farmers, researchers, and conservation organizations is becoming increasingly common in the organic seed sector. These partnerships facilitate knowledge sharing, innovation, and the conservation of genetic diversity, ultimately benefiting organic farming systems and ensuring the availability of diverse organic seed options.
Online Platforms and Direct Sales: The rise of online platforms and direct sales channels has made it easier for consumers and farmers to access organic seeds directly from seed producers. This trend bypasses traditional distribution channels, providing greater convenience and access to a wider range of organic seed varieties.
Biotechnology and Organic Seed Breeding: Advances in biotechnology, such as marker-assisted selection and genomic breeding techniques, are being increasingly utilized in organic seed breeding programs. These technologies enable breeders to develop organic seed varieties with desirable traits, such as disease resistance and improved yield, while adhering to organic principles and regulations.
Recent Developments
Organic Seed Market Companies
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