Bio Seeds Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product Type (Soybean, Corn, Canola, Cotton), By Farm Type (Outdoor (Gardens, Field), Indoor (Greenhouse, Hydroponics, Vertical Farming), By Distribution Channel (Retailers, Wholesaler, Cooperatives, and Online), and Region Forecast 2019-2030

Bio-Seeds Market size was valued at USD 3,729.6 million in 2023 and is projected to grow at a CAGR of 32.2% from 2024-2030. The growth in demand for bio seeds is one of the major factors corresponding to sustainable agriculture practices, developing the resistance potential of crops to pests and diseases as well as environmental stresses. Drivers include advancement in biotechnology, enabling the development of genetically modified seeds with improved traits; growing awareness among farmers about the benefits of bio seeds in increasing crop yields, and reducing reliance on chemical inputs.

However, some of the factors that restrain the market are high research and development costs, regulatory challenges, and public opposition to genetically modified organisms in some parts of the world. Besides, complexities associated with intellectual property rights of biotechnological inventions can be an entry barrier for small players. Opportunities in the market include growing acceptance in developing nations where the demand for higher agricultural output is rising, as well as continuous improvements in seed technology that may result in the release of new products and improved crop types. Trends include increased investment in research to generate seeds resistant to the effects of climate change and a growing focus on precision agriculture, which uses bio-seeds as part of integrated pest management systems. The bio-seeds industry is poised for sustained expansion and innovation as both consumers and governments demand more environmentally friendly and productive farming methods.

Bio-Seeds Market Key Developments:

• In December 2020: Geocom was bought by Kopper Biological Systems. Geocom is a pioneer in imagery and is a primary technology developer in Brazil for the exclusive use of biological agents via drones and in the field of agricultural technology. The company's objective is to improve the accuracy of the agriculture industry which is vital to the supply of biologics.
• In February 2019: Corteva Agrisciences the agricultural unit of DowDuPont company received regulatory approval to launch to enlist E3, a new product line of genetically engineered soybean.