Hybrid Seeds Market size worth US$32.712 billion by 2029

hybrid seeds market

The hybrid seeds market is estimated at US$24.334 billion in 2024 and is anticipated to grow to US$32.712 billion by 2029 at a CAGR of 6.10%.

Hybrid seeds are a type of seeds that are created by the process of artificial pollination, which is majorly done to develop new varieties of fruits, vegetables, and crops. The crops or plants produced by such hybrid seeds are called hybrid plants. Hybrid seeds offer multiple benefits to the global agricultural market, as they offer a higher yield of crops and also increase uniformity of crop production. These hybrid seeds also offer disease resistance and improved produce quality.

The hybrid seed market is estimated to attain greater growth during the forecasted year, which can contribute to the growing agricultural sector across the globe, especially in developing and underdeveloped nations. The total production of the agricultural sector has grown significantly in recent years, giving a boost to the hybrid seed market. Similarly, with the increase in the global population, growth in the consumption of food and vegetables across the globe is also forecasted to propel the market.

With the growth of the global hybrid seeds market, various companies and governmental organizations introduced new and high-yielding agricultural seeds to boost the market. For instance, in August 2024, the Government of India launched 109 varieties of field and horticulture crops, which include various types of hybrid seeds. Similarly, in July 2024, Solynta achieved commercial approval for the release of its potato seed variety in Kenya. The introduction of these hybrid seeds in the Kenyan market is ensured to increase the production of high-quality potatoes in the nation. This seed is also estimated to boost immunity against multiple types of diseases. The hybrid seed variety of potato was originally developed in the Netherlands, which is developed using the non-GMO hybrid breeding technology.

The hybrid seeds market, by type, is segmented into cereals & grains, oilseeds & pulses, fruits & vegetables, and others. Under the type segment of the global hybrid seeds market, the fruits and vegetables categories are forecasted to grow significantly. The global market demand for fruits and vegetables has grown significantly over the past few years, which can be majorly driven by the growth of food consumption and the increased population of the globe. Furthermore, the increase in the global vegan and vegetarian population across the globe is sure to grow the market demand for fruits and vegetables, simultaneously increasing the market demand for hybrid seeds across the globe.

Based on geography, the Asia Pacific region of the global hybrid seed market is anticipated to attain significant growth, as the region is among the biggest agricultural producers across the globe. Various countries in the regions like India, Vietnam, and Bangladesh are among the biggest producers of agricultural products, including fruits, vegetables, and crops in the region. The agricultural production of the region has also witnessed massive growth in recent years, which is forecasted to further boost with the growth of the food consumption of the region. Furthermore, the agricultural sector in multiple Asian regions, like India, China, Bangladesh, and Vietnam has also witnessed major governmental and organizational investments and initiatives which are further expected to propel the growth of the agricultural sector in the region. Similarly, the food and beverage processing industry across the Asian Pacific region has also witnessed a major boost in recent years. The food processing sector of the Asia Pacific region growth massively, majorly with the increasing population of the region. The region is also among the biggest consumers of vegan and vegetarian products, increasing the consumption of agricultural products.

The research includes several key players from the hybrid seeds market, such as BASF SE, KWS SAAT SE & Co. KGaA, Syngenta, Crystal Crop Protection Ltd., Bayer AG, Corteva, Hybrid Seed Company Inc., Bejo Zaden B.V., Nuziveedu Seeds Ltd, Sanatech Seed Co., Ltd., Kanda Breeding Farm Co., Ltd., and Stine Seed Company.

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This analytics report segments the global hybrid seed market as follows:

  • By Type
    • Cereals and Grains
    • Oilseeds and Pulses
    • Fruits and Vegetables
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • United Kingdom
      • Germany
      • France
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • Israel
      • Others
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Indonesia
      • Taiwan
      • Others
  • Vegetable Seed Market Size
  • Rice Seeds Market Report
  • Poppy Seeds Market Report