The global seed testing market size is expected to reach USD 858.97 million in 2024 and reach USD 1,150.03 million by 2029, growing at a CAGR of 6.01% from 2024 to 2029.
Seed testing determines the physical/biological parameters of the seed, including purity, moisture, germination, and ODV, allowing growers to provide high-quality seeds. These speed tests are done to determine what seed storage techniques are working. Most seed companies use in-house seed testing facilities, while local manufacturing companies partner with seed testing agencies to perform the necessary tests. New seed developments and seed manufacturer innovations, and strict government regulations to maintain quality standards during seed development are the main parameters of the global seed testing market.
Increasing government standards and regulations to provide the necessary certifications prior to seed release is the main driving force behind the global seed testing market. The respective government regulations should focus on the act of the producer before it is sold to the farmers. The high investment nature of testing equipment has led companies to partner with seed testing providers to validate seed parameters. Few tests are carried out on-site, and others are carried out at the supplier's facilities. Huge market competition among seed manufacturers to provide high-quality and effective seed contributes to the growth of the seed testing market globally during the forecast period. However, the high cost of these services and the growing investment by seed producers in in-house testing facilities are major factors hampering the growth of seed testing production and sales globally during the forecast period.
The coronavirus is an unprecedented global public health emergency that has affected almost every industry. In 2020, lockdown restrictions and a ban on flights disrupted the growth rate of the seed testing market. Growing prevalence to increase the production rate in agriculture, the market shares started to increase at the end of 2020. However, the world is getting into a normal position slowly, which is adding fuel to the growth rate of the seed testing market.
REPORT METRIC |
DETAILS |
Market Size Available |
2023 to 2029 |
Base Year |
2023 |
Forecast Period |
2024 to 2029 |
CAGR |
6.01% |
Segments Covered |
By Product and Region |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
PGRO, AMM Seed Testing, Inc., Eurofins USA, 20/20 Seed Labs Inc., and SGS SA. |
Germination is defined as the emergence and development of the seed embryo, of these essential structures, of these seeds indicates their ability to produce a normal plant under favorable conditions. The main objective of the seed germination test is to identify the maximum germination potential of a batch of seeds. If a seed has a germination rate of 90%, that means that 90 out of 100 seeds are likely to germinate in good growing conditions. Governmental institution around the world has established regulations regarding the germination potential that must be met and certified before it is released to the market. Continued research activities carried out by seed manufacturers around the world to face intense competition are expected to boost the germination testing market globally during the forecast period.
North America dominates the global seed testing market due to the strong presence of strict government regulations on seed development and marketing. Increased investment by seed manufacturers in the United States to meet domestic and international demand for high-yielding seeds is contributing to the growth of seed testing market sales in the United States during the forecast period.
PGRO, AMM Seed Testing Inc., Eurofins USA, 20/20 Seed Labs Inc, SGS SA. Some of the market players dominate the global seed testing market.
By Product
By Region
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2500
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]
Reports By Region