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Global Cereals and Grains Seed Market 2018-2023: by Manufacturers, Regions, Type and Growth Opportunity

Press Release   •   Aug 03, 2018 04:58 EDT

Cereals and Grains Seed

The global seed market for cereals and grains is projected to reach USD 73.6 billion by 2023, witnessing a CAGR of 9.2% during the forecast period (2018 – 2023).

Asia-Pacific is the largest market for cereals and grains seeds and is expected to remain dominant during the forecast period. The growing demand from the food and animal feed industries, the shrinking farmland, and the increasing biofuel demand are driving the global cereals and grains seed market.

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Increasing Demand for Animal Feed

The international demand for cereals and grains seed is increasing due to a significant increase in animal feed demand. Production of crops like maize, soybean, and wheat has significantly increased due to an increasing demand from the feed industry. In 2017, the global usage of maize in the animal feed industry was 613 million metric ton, which was a 2% increase from the previous year. In 2017, the global usage of soybean and wheat in the animal feed industry was 20 million metric ton and 144 million metric ton, respectively.

Asia-Pacific to Dominate the Cereals and Grains Seed Market

Asia-Pacific is the largest market for cereals and grain seed, accounting for more than 30% of the global demand. The growing population in Asian countries, mainly in China and India, has a continuously increasing demand for food production and is driving the seed market for cereal and grains in the region. North America is expected to have a comparatively faster growth rate due to the rising demand for biofuel in the region.

Maize is the Most Important Seed Traded Internationally

In global cereals and grains seed market, maize is the major crop seed traded and its market comprises more than 35% of the global cereals and grains market share. More than half of the global maize production is concentrated in the US and China. The global demand for maize seeds is expected to register a CAGR 9.4%, driven by a 3% gain in consumption related to animal feed. The European Union and Brazil are also huge maize producing markets. Globally, corn emerges as the major GM crop for which the growth prospects are expected to be high during the forecast period.


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  • Identify the dominating and the fastest growing regions in the global cereals and grains seed market and their growth trends during the forecast period
    • Analyzing various perspectives of the market with the help of Porter’s five forces analysis
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    Some Point from Table of Content:

    1. Introduction
    1.1 Key Findings of the study
    1.2 Market Definition

    2. Research Scope and Methodology
    2.1 Study Deliverables
    2.2 Study Assumptions
    2.3 Research Methodology
    2.4 Research Phases

    3. Market Dynamics
    3.1 Drivers
    3.1.1 Growing Food Demand
    3.1.2 Shrinking Farm Land
    3.1.3 Increasing Use of Biofuels
    3.1.4 Increasing Demand for Animal Feed
    3.2 Restraints
    3.2.1 Safety and Regulatory Issues with GM Crops
    3.2.2 Cost and Time Incuring R&D Process

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