December 23, 2024

Grain Seed Market Expanding at a CAGR of 4.2% during 2024-2030

Increasing consumer awareness and demand for sustainable and organic food products have driven the growth of the organic Grain Seed market.

According to MarkNtel Advisors study, The Global Grain Seed Market is estimated to grow at a CAGR of around 4.2% during the forecast period, i.e., 2024-30.

The blockades in the Black Sea area have created ripple effects throughout the global supply chain, causing delays in grain shipments. The region serves as a crucial transportation route for grain exports, and disruptions in this area have hindered the timely movement of commodities to their intended destinations. As a result, the market faces logistical challenges, with increased shipping costs, longer delivery times, and potential bottlenecks at ports. These supply chain vulnerabilities have further exacerbated the impact of reduced grain supplies, amplifying the strain on the Grain Seed market globally. Moreover, the dependence of several Asian countries on the Russia-Ukraine area for corn, soybeans, and wheat, particularly as animal feed components, intensifies the challenge for the market for Grain Seed worldwide.

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Key Findings in Grain Seed Market:

Historical Years2019-2022
Base Years2023
Forecast Years2024-2030
Key Report Highlights·         Market Dimensions & Projections·         Pricing Evaluation,·         Recent Strategic Moves by Companies,·         Primary Stakeholders,·         Analysis of Import and Export Trends,·         Competitive Landscape Assessment,·         Emerging Opportunities,·         Market Trends and Indicators
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Grain Seed Market Key Players:

Archer Daniels Midland, Ardent Mills, Bartlett Milling Co., LP, Baystate Milling, Bunge, California Family Foods, Cargill Incorporated, Clarkson Grain , Essential Organic Ingredients , Farmers Rice Milling Company , Glencore International, Global Grain Seed & Ingredients Ltd, Louis Dreyfus, The Powell Group [Farmers Rice Mill], Viterra, Other

Market Segmentation Overview:

By Type

-Conventional

-Organic

Conventional Grain Seed acquired the largest market share in the historical period. The dominance can be attributed to their affordability and widespread use in staple food production. They are produced using traditional farming practices with synthetic inputs, prioritizing high yields and cost efficiency.

On the other hand, organic Grain Seed are gaining traction due to shifting consumer preferences for healthier and more sustainable food options. They are cultivated using sustainable methods without synthetic inputs, appealing to health-conscious consumers. Although they have lower yields, yet, the demand for organic Grain Seed is steadily growing.

By Product

-Wheat

-Rice

-Barley

-Corns

-Oats

-Others

By End Users

-Residential

-Healthcare

-Hospitality

-Food & Beverages

-Others

By Distribution Channel

-Offline

-Online

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By Region

North America

South America

Europe

The Middle East & Africa

Asia-Pacific

The Grain Seed Industry Recent Development:

In March 2023, Archer Daniels Midland launched its Knwble Grwn brand and introduced a new flaxseed oil product at the esteemed Natural Products Expo West in Anaheim, California. This event stands as one of the nation’s premier specialty food shows.

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