Global Herb Seeds Market Size By Type (GMOs, Non-GMOs), By Application (Commercial, Household), By Region, And Segment Forecasts, 2023 to 2032

Report Id: 36079 | Published Date: Jun 2023 | No. of Pages: | Base Year for Estimate: Jun 2023 | Format:


The Global Herb Seeds Market was valued at USD 1.8 billion in 2023 and is projected to surpass USD 3.2 billion by 2031, registering a CAGR of 7.2% during the forecast period from 2023 to 2031. The market's growth is fueled by the rising demand for organic and medicinal herbs, the increasing trend of home gardening, and the growing use of herbs in pharmaceutical and cosmetic industries. Herb seeds play a crucial role in the agricultural and horticultural sectors, offering high nutritional and medicinal value. The increasing consumer preference for organic and chemical-free food products is further propelling the market's expansion.

Drivers

Growing Demand for Organic and Medicinal Herbs

Consumers worldwide are shifting towards organic and natural products, driving the demand for herb seeds. The medicinal benefits of herbs like basil, rosemary, and thyme have led to their increased use in pharmaceuticals and herbal medicines.

Rise in Home Gardening and Urban Farming

With increasing urbanization and health awareness, more people are engaging in home gardening, vertical farming, and hydroponic cultivation of herbs. The demand for herb seeds is rising as consumers look for fresh, chemical-free alternatives.

Expansion of Herbal and Ayurvedic Medicine Industry

The global herbal medicine industry is witnessing substantial growth, particularly in regions like Asia-Pacific and North America. Governments and organizations are promoting the use of traditional medicine, which in turn fuels the demand for herb seeds.

Restraints

Seasonal Dependency and Climatic Constraints

Herb cultivation is influenced by climatic conditions and seasonality, limiting year-round production in certain regions. This acts as a constraint for commercial herb farming.

Limited Awareness in Developing Regions

Although demand for herbs is rising, awareness regarding high-quality herb seeds and modern cultivation techniques remains low in developing economies, hindering market expansion.

Opportunity

Innovation in Seed Technology and GMO-Free Seed Production

Advancements in seed technology, such as disease-resistant, high-yielding, and GMO-free herb seed varieties, are creating new growth opportunities in the market. Investments in sustainable and organic seed development are expected to drive future growth.

Growing Demand from the Food & Beverage Industry

Herbs such as oregano, basil, and parsley are widely used in the food industry for flavoring and seasoning. The increasing popularity of ethnic and organic cuisine is fueling the demand for high-quality herb seeds globally.

Market by Seed Type Insights

Based on seed type, the Organic Herb Seeds segment accounted for the largest market share in 2023. The increasing preference for chemical-free and naturally cultivated herbs has boosted the demand for organic seeds. The segment is expected to maintain its dominance during the forecast period.

Market by End-use Insights

The Commercial Farming segment held the largest revenue share in 2023, contributing to over 55% of the market. With the rising demand for bulk production of medicinal and culinary herbs, commercial farming is expanding rapidly. The home gardening segment is also witnessing significant growth due to the increasing trend of indoor and terrace gardening.

Market by Regional Insights

North America:

The largest market for herb seeds, driven by the growing trend of organic farming, increasing health consciousness, and the expansion of herbal medicine and dietary supplements.

Asia-Pacific:

Expected to witness the highest CAGR during the forecast period due to rising demand for Ayurvedic and herbal medicines, along with increasing adoption of herb farming in countries like India, China, and Japan.

Europe:

A strong market presence due to the rising demand for organic herbs and herbal cosmetic products. Countries like Germany, France, and the UK lead the demand.

Competitive Scenario

Key players in the Global Herb Seeds Market include:

Johnny's Selected Seeds

Bayer CropScience AG

Sakata Seeds Corporation

Enza Zaden

Syngenta AG

BASF SE

Kitazawa Seed Company

These companies are focusing on product innovation, sustainable seed production, and geographical expansion to strengthen their market position.

Scope of Work – Global Herb Seeds Market

Report Metric

Details

Market Size (2023)

USD 1.8 billion

Market Size (2031)

USD 3.2 billion

Growth Rate (CAGR)

7.2% (2023-2031)

Market Segments

Seed Type (Organic, Conventional), End-use (Commercial, Home Gardening)

Growth Drivers

Rising demand for organic and medicinal herbs, increasing home gardening, growth of the herbal medicine industry

Opportunities

Advancements in seed technology, increasing use in the food & beverage industry

Key Market Developments

2023: Johnny’s Selected Seeds introduced a new range of high-yielding organic herb seeds with improved disease resistance.

2024: Bayer CropScience AG expanded its herb seed production facilities in North America to meet the growing demand for non-GMO seeds.

2025: Sakata Seeds Corporation launched its first-ever hydroponic-specific herb seed line, catering to urban and indoor farming.

FAQs

1. What is the current market size of the Global Herb Seeds Market?

The Global Herb Seeds Market was valued at USD 1.8 billion in 2023.

2. What is the major growth driver of the Global Herb Seeds Market?

The key driver is the rising demand for organic and medicinal herbs, fueled by increasing health consciousness and expansion in herbal medicine.

3. Which region holds the largest market share in the Global Herb Seeds Market?

North America holds the largest market share due to the strong demand for organic and medicinal herbs and rising home gardening trends.

4. Which segment accounted for the largest market share in the Global Herb Seeds Market?

The Organic Herb Seeds segment held the largest share due to increasing demand for chemical-free and non-GMO herbs.

5. Who are the key market players in the Global Herb Seeds Market?

Major players include Johnny's Selected Seeds, Bayer CropScience AG, Sakata Seeds Corporation, Syngenta AG, and Enza Zaden.

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