Market Size of Organic Seed Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 3.18 Billion |
| Market Size (2029) | USD 5.77 Billion |
| CAGR (2024 - 2029) | 12.70 % |
| Fastest Growing Market | North America |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Organic Seed Market Analysis
The Organic Seed Market size is estimated at USD 3.18 billion in 2024, and is expected to reach USD 5.77 billion by 2029, growing at a CAGR of 12.70% during the forecast period (2024-2029).
In 2019, North America was the largest geographical segment in the overall market, and it accounted for a 38.8% market share.
The growing demand for organic products,amid increasing dietary concerns and a change in consumer spending patterns, has led to a significant increase in the production of organic crops all over the world. This has enhanced the demand for organic seeds. However, the cost of seeds is becoming a significant economic barrier for farmers in a few countries, which is influencing them to choose conventional seeds over organically produced seeds.
Organic Seed Industry Segmentation
Organic seed consumption also witnessed growth in recent years, with vegetable seeds garnering the highest share, followed by herbs and ornamentals, and others. In the pursuit of healthy food, which is free-from chemicals, consumer groups are turning to outlets that sell 'pesticide-free' vegetables, which, in turn, boost the prices of the organic produce. Hence, most of the farmers prefer small-scale organic farming, home gardening, or back yard gardening, to satiate the surplus demand.
The organic seed market is segmented by type into field crop seeds, vegetable seeds, fruit and nut seeds, and other crop seeds. A geographical analysis of the top 15 markets, across the world, is also provided.
| Type | |
| Field Crop Seeds | |
| Vegetable Seeds | |
| Fruit and Nut Seeds | |
| Other Crop Seeds |
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Organic Seed Market Size Summary
The organic seed market is experiencing significant growth, driven by the increasing demand for organic products and changing consumer spending patterns. This demand has led to a rise in the production of organic crops globally, thereby boosting the need for organic seeds. Despite this growth, challenges such as the high cost of organic seeds and limited awareness about their benefits continue to influence farmers' choices, often leading them to opt for conventional seeds. The market is characterized by a fragmented landscape with numerous small and medium-sized enterprises, while major players like Vitalis Organic Seeds and Seeds of Change hold substantial market shares due to their diverse product offerings and innovative seed varieties. The North American region, in particular, stands out as the largest market, supported by trends like home gardening and favorable government policies.
The organic seed market's expansion is further fueled by the increasing consumption of organic vegetables, which is encouraging more farmers and consumers to consider organic options. However, in the United States, the reliance on conventionally produced seeds remains a concern, potentially hindering market growth. The market's growth trajectory is also supported by the strategic expansion of companies into new regions such as Africa and Asia-Pacific, aiming to broaden their customer base and enhance brand recognition. Despite the economic barriers and challenges, the organic seed market is poised for substantial growth, with North America leading the charge due to its robust organic sales and supportive regulatory environment.
Organic Seed Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Force Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Type
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2.1.1 Field Crop Seeds
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2.1.2 Vegetable Seeds
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2.1.3 Fruit and Nut Seeds
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2.1.4 Other Crop Seeds
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2.2 Geography
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2.2.1 North America
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2.2.1.1 United States
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2.2.1.2 Canada
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2.2.1.3 Mexico
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2.2.1.4 Rest of North America
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2.2.2 Europe
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2.2.2.1 Germany
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2.2.2.2 United Kingdom
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2.2.2.3 France
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2.2.2.4 Spain
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2.2.2.5 Italy
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2.2.2.6 Russia
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2.2.2.7 Rest of Europe
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2.2.3 Asia-Pacific
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2.2.3.1 China
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2.2.3.2 India
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2.2.3.3 Japan
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2.2.3.4 Australia
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2.2.3.5 Rest of Asia-Pacific
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2.2.4 South America
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2.2.4.1 Brazil
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2.2.4.2 Argentina
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2.2.4.3 Rest of South America
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2.2.5 Africa
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2.2.5.1 South Africa
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2.2.5.2 Rest of Africa
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Organic Seed Market Size FAQs
How big is the Organic Seed Market?
The Organic Seed Market size is expected to reach USD 3.18 billion in 2024 and grow at a CAGR of 12.70% to reach USD 5.77 billion by 2029.
What is the current Organic Seed Market size?
In 2024, the Organic Seed Market size is expected to reach USD 3.18 billion.
