sales for organic seed are projected to reach US$10.8 billion by 2032, growing at an annual rate of 8.7%, mostly as a result of stronger farmer-customer ties encouraged by CSA programmed and expanding markets.
As per the latest FMI report, it is anticipated that the sales of organic seed will exceed US$ 10.8 billion in 2032, with a compound annual growth rate (CAGR) of approximately 8.7% until the end of 2032.
The demand for organic seeds is increasing as farmers’ markets and CSA (Community Supported Agriculture) programs expand around the world to enhance links between food producers and consumers.
In 2013, the USDA modified the National Farmers’ Market Directory’s user interface to encourage its use and the development of real-time data-driven mobile applications and other products. Users can look up a market by zip code to find out more about its location, contact information, available products, and payment methods.
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More than 4,000 farmers’ markets have been approved to take SNAP (Supplemental Nutrition Assistance Program) vouchers, increasing access to fresh produce and nutritious meals, in turn, shooting up the sales of organic seed.
Organic seed industry growth could also be assisted by favourable government policies promoting organic farming. In India, for example, government initiatives such as the National Food Security Mission, Paramparagat Krishi Vikas Yojana, and National Food Security Mission are expected to boost organic production. This provides the market with a considerable growth opportunity.
Key Takeaways from the Organic Seed Market Study:
- The organic seed market in North America is expected to grow at a rate of approximately 7.1% between 2022 and 2032, owing to a substantial shift in consumers’ attitudes toward healthy lifestyles and eating habits, which has increased demand for organic food and beverages.
- Derogations for the use of untreated non-organic seed will be phased out by 2036, according to the new European Organic Regulation 2018/848, therefore, promoting the organic seed market in the region.
- In just the previous five years, public and private funding in organic plant breeding and other organic seed research have increased by USD 22 Mn.
- In 2020, the organic seed market in the oil seed segment will be worth more than USD 0.8 Bn. Oil seed is used to extract edible oil for human consumption as well as oil for pharmacological and cosmetic uses.
- Due to the rising consumption of organic wheat to generate a wide range of organic certified products such as flour, pasta, noodles, macaroni, and spaghetti, the wheat crop seeds industry is expected to reach USD 0.3 Bn by 2027.
“Key market players are investing much in R&D in order to introduce new products and obtain a competitive advantage. Companies are also pursuing tactics such as collaboration, acquisitions, mergers, and partnerships in order to extend their client base and increase revenues.” said a lead analyst at FMI.
Who is winning?
Key players operating in the global organic seed market are focusing on reaching a large consumer base by implementing various strategies such as product innovations, marketing & promotional activity, strengthening distribution channels, and adopting sustainable production.
Some of the leading companies offering organic seed are Seed Saver Exchange, Johnny’s Selected Seeds, Baker Creek Heirloom, Rijk Zwaan, Southern Exposure Seed Exchange, High Mowing Organic Seeds, Seed Savers Exchange, De Bolster Territorial Seeds Company, Navdanya, and others.
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Organic Seed Market by Category
By Product Type:
- Vegetable Seeds
- Gourd & Root Vegetable Seeds
- Leafy & Cruciferous Vegetable seeds
- Fruits & Nuts Seeds
- Oil Seeds
- Sunflower Seeds
- Soybean Seeds
- Other
- Other Vegetation Seeds
By Farm Type:
- Outdoor
- Gardens
- Nurseries
- Field
- Indoor
- Greenhouse
- Hydroponics
- Vertical Farming
By Distribution Channel:
- Retailers
- Wholesaler
- Cooperatives
- Online Channels
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
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Frequently Asked Questions
- How big is the Organic Seed Market?
- What is the North America Organic Seed Market Outlook?
- At What Rate will Organic Seed Demand Grow in the Asia Pacific?
- What Are the Key Trends Shaping the Organic Seed Market?
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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