Wheat Seed Market

Global Wheat Seed Market Size (2024 to 2029):

The global wheat seed market size is expected to reach USD 5.11 billion in 2024 and reach USD 6.47 billion by 2029, growing at a CAGR of 4.85% from 2024 to 2029.

Different products are derived from wheat, including flour, wheat, bran, bulgur, wheat germ, wheat germ oil, and pasta. Wheat flour is used in baked goods such as bread, cookies and muffins. Wheat grain is a source of alcoholic beverages and bran from flour milling is important for livestock feed. The most common forms of wheat are red and white wheat. Black, yellow and blue wheat are commercially minor but nutritionally promising species. Technology innovation in the wheat industry includes seed storage and germination ability which is amplifying the wheat seed market around the world.

Wheat is one of the important staple crops cultivated widely for its seed, a cereal grain. Globally, wheat is leading protein food and an important source of carbohydrates. It is also a good source of fibre, manganese and magnesium in its unrefined state. The wheat crop is high volume and low profit owing to production by heavily subsidized government seed programmes. The wheat crop can be widely adaptable and grown in tropical and sub-tropical zones and also in cold traces of the north, beyond the 60-degree north latitude.

Global Wheat Seed Market Drivers:

Wheat Seed Market is mainly driven by the demand for food due to the increasing population around the world and concern about healthy food. In addition, factors like changing lifestyles, increase in disposable income, technological innovations in the production, storage, and transportation of seeds, favorable government reimbursements, and the success of hybrid seeds and highly nutritious food compared to other cereals are also driving the growth of the wheat seed market. However, High labor costs, unfavorable weather conditions, and traditional harvesting methods are hampering the growth of the market.

REPORT COVERAGE:

This research report on the global wheat seed market is segmented and sub-segmented into the following categories.   

Global Wheat Seed Market – By Type:

• hard red winter wheat
• hard red spring wheat
• soft red winter wheat
• white wheat and durum wheat.

Global Wheat Seed Market – By Application:

• bakery
• dairy
• confectionery
• nutritional supplements
• others

The bakery is the largest segment due to the extensive use of wheat in its products.

Global Wheat Seed Market – By Regions:

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle-East & Africa

Wheat is the primary food staple in North America and the Middle East due to the advanced wheat seed technologies and increased yield by means of quality seed application. Asia-Pacific is the fastest-growing region due to emerging economies like China and India, increasing population, adopting western culture and raising funds. The success of hybrid seeds has been limited to Europe (particularly France), the United States and South Africa.

KEY MARKET PLAYERS:

Key players dominating the global wheat seed market are Syngenta, Monsanto Company, E. I. du Pont de Nemours and Company, Bayer Crop Science AG, Advanta, Pro Harvest, RAGT, Agrovegetal, Lima grain, Northern Seeds, KWS Saat, C & M Seeds and China National Seed Group.