Organic Seeds Market Overview

The Organic Seeds market estimated at USD 6.04 Billion in the year 2023, is projected to reach a revised size of USD 14.78 Billion by 2032, growing at a CAGR of 10.45% over the analysis period 2024-2032.

Organic seeds refer to those seeds that come from plants cultivate wisely without the use of synthetic fertilizers and pesticides. The application of sewage sludge, irradiation, and genetic engineering is also interdict in organic seed harvesting. In addition, when seeds are labeled as organic, it means the seed has a recognizable legal meaning. In order to certify a batch of seeds as organic seeds, the seeds should stick to all of the USDA’s National Organic Program’s rules and specifications. Furthermore, organic seeds give assurance to farmers or customers that toxic and inorganic chemical pesticides, fertilizers, and genetically modified organisms are not used while the seed cultivation process.

The rising consumer concerns toward environmental degradation owing to the increasing usage of chemicals has fueled organic seed production globally. This provides growth opportunities for the organic seed industry in projected period. For instance, the organic seed industry has grown significantly and were valued about US$ 80 Bn dollars in 2015, while global agricultural land for organic farming increased from 11 million hectors in 1999 to 50.9 million hectors in 2015 which indicates that increases the consumer demand for organic based products globally.

Market Dynamics And Factor

Drivers:

An increasing the demand for organic labeled food over the past few years is anticipated to drive the global organic seed market expansion over forecast period. Gaining popularity for organic trend owing to rising awareness among consumers associated with negative health impacts of hazardous chemicals used in the conventional agriculture system. In addition, research studies suggest that high use of inorganic agrochemicals in conventional agriculture system have negative effects on neurological & cardiovascular health, respiratory system, and may also lead cancer.

Favorable government initiatives to support organic farming may boost organic seed market growth. In addition, the implementation of government schemes in India such as Paramparagat Krishi Vikas Yojana, National Food Security Mission, and National Food Security Mission is projected to boost organic production in the region. This leads to market growth during forecast period.

Furthermore, the demand for vegetables market in urban areas are increased due to health and healthy diet pattern which leads to lucrative market growth for organic vegetables seeds. Consumers are shifted towards the organic based vegetables, plant-based product and veganism leads the global organic seed market growth in projected period.

Restraints:

The lack of infrastructure of regulatory bodies for organic cultivation regarding the association of different agricultural practices such as organic, conventional and genetically engineered, which may yield a contaminated crop is expected to hamper the growth of organic seeds market in the upcoming years.

Opportunities:

In developing countries, lack infrastructure and global organic awareness, create the opportunities for leading key players to penetrate their product and services by the significant promotional activities. Government support in the form of various agricultural schemes and financial assistance to the framers are create the lucrative growth opportunities in the organic seed industry in upcoming years.

Market Segmentation

Regional Analysis:

North America has largest organic seeds market. In addition, some key factors such as the growing trend of home gardening, an increasing demand for healthy food, and supportive government regulations, augmenting the sales of organic seed in North America. Being presence of major key players such as High Mowing Organic Seeds, Johnny's Selected Seeds, and Southern Exposure Seed Exchange are hastening the market growth during projected period.

Asia Pacific dominates the global organic seed market owing to largest arable land for farming and high percentage of occupation as farming, adequate availability of raw materials, and rising the demand for organic and plant-based products. In addition, existing agricultural government schemes also helps to farmers to organic farming, which leads the growth during forecast period.

In Europe, growing environmental concerns about conventional agricultural practices in food and beverage industry, negative health impact caused by usage of inorganic agrochemicals and favorable regulatory framework with respect to organic produce and cultivation which boost the market growth during forecast period.

In Latin America, growing population and consumer preference towards organic farming leads to fueled the market growth over forecast period. In Middle East and Africa, lack of environmental condition especially in Middle East leads to effect on organic agriculture farming but positive government support, and rising consumer preference towards organic based and plant-based product is expected to growth in upcoming years.

Players Covered in Organic Seeds Market are:

• Seeds of Change
• Wild Garden Seeds
• Arnica Kwekerij
• Territorial Seed Company
• Fleuren
• Organic Seed Alliance
•  Fedco Seeds Inc.
•  Wild Garden Seed
•  Johnny Selected Seed
•  High Mowing Organic Seeds
•  Renee’s Garden
•  Southern Exposure Seed Exchange
•  De Bolster Organic Seeds
•  Rijk Zwaan Zaadteelt EN Zaadhandel B.V.
•  Navdanya
•  HILD Samen GmbH
•  Vitalis Organic Seeds
•  Mass Plant and other major players.

Key Industry Developments

• In May 2021, Above Food Co., acquired the Farmer Direct Organic Foods Ltd, which provides organic certified cereals and pulses. The collaboration will support to the company during the growth period.