The new report by Expert Market Research titled, ‘Global Non-GMO Seeds Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global non-GMO seeds market, assessing the market based on its segments like nature, form, seed type, packaging type, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.
Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.
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The key highlights of the report include:
Market Overview (2016-2026)
- Historical Market Size (2020): USD 68 billion (Global Seed Market)
- Forecast CAGR (2021-2026): 7% (Global Seed Market)
- Forecast Market Size (2026): USD 102 billion (Global Seed Market)
Non-GMO seeds are being used by farmers in increasing numbers as they are able to save money when growing the size of their yields by using this product. Due to their lower cost and more sustainable produce, consumers are preferring cleaner and better-produced food products with non-GMO Project Certified certifications over GMO food products. The demand for foods made with organic and non-GMO seeds is increasing as consumers are becoming more health conscious, and vegetarian and vegan lifestyles become more popular. The popularity of organic food products is predicted to rise over the forecast period, which will indirectly boost the non-GMO seed industry’s growth.
Industry Definition and Major Segments
Genetically modified organisms (GMOs), are those organisms whose DNA has been altered using the genetic modification process. Non-GMO seeds are, as a result, seeds that have not had their DNA altered in any way.
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By nature, the market is divided into:
- Organic
- Conventional
On the basis of form, the market is categorised into:
- Whole
- Grits
- Others
Based on seed type, the market is segmented into:
By packaging type, the market is divided into:
- Tubs/ Jars
- Pouches
- Gunny Bags
- Others
On the basis of regional markets, the industry is divided into:
1 North America
1.1 United States of America
1.2 Canada
2 Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Others
3 Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 ASEAN
3.5 Others
4 Latin America
4.1 Brazil
4.2 Argentina
4.3 Mexico
4.4 Others
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 Nigeria
5.4 South Africa
5.5 Others
Market Trends
Agricultural economics have a big impact on non-GMO seeds. Non-GMO seeds are inexpensive, and they can cost up to half as much as genetically modified seeds. As a result, using non-GMO seeds as an ingredient in food products during processing into snacks or other foods benefits both producers and customers. Non-GMO crops have consistently produced higher yields than GMO seeds over time. The genetics of the crop determines the yield. The increasing number of non-GMO product launches in the food and beverage industry is one of the factors driving the market of non-GMO seeds.
Key Market Players
The major players in the market are Cargill Inc., BASF SE, Albert Lea Seed, Prairie Hybrids, Spectrum Premium Non-GMO, and Sentinel Seeds, LLC, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
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