North America Wheat Seed Market

North America Wheat Seed Market Size (2024 to 2032)

North American wheat seed market size is expected to reach USD 4.12 billion in 2023 and is anticipated to reach USD 6.46 billion in 2024 from USD 6.46 billion by 2032, estimated to be growing at a CAGR of 5.12% from 2024 to 2032.

Wheat is one of the important staple crops cultivated widely for its seed, a cereal grain. In North America, wheat is leading protein food and important source of carbohydrates. It is also 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 programs. 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 altitude.

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 breads, cookies and muffins. Wheat grain is the 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.

North America Wheat Seed Market Drivers

The North American 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, the success of hybrid seeds, and highly nutritious food compared to other cereals are also driving the growth of the North American wheat seed market. However, High labor costs, unfavorable weather conditions, and traditional harvesting methods are hampering the growth of the market.

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

North America Wheat Seed Market Analysis By Type

• Hard red winter wheat
• Hard red spring wheat
• Soft red winter wheat
• White wheat
• Durum wheat

North American Wheat Seed Market Analysis By Application

• Bakery
• Dairy
• Confectionary
• Nutritional supplements
• Others

COUNTRY ANALYSIS

The North American market has been geographically segmented into segmented into

• US
• Canada
• Mexico
• Rest of North America

 Wheat is the primary food staple in North America. As of 2016, North America leads the wheat seed software market, accounting for more than 34% of the entire market share due to the advanced wheat seed technologies, increased government funding and increased yield by means of quality seed application.

KEY MARKET PLAYERS

Key players dominating the North American 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.