Sweet Corn Seed Market Size, Share, Growth, and Industry Analysis by Type (GMO, Non-GMO), By Application (Farm Planting, Personal Planting) Regional Forecast To 2031

Updated On: 22 April 2024

Sweet Corn Seed Market Report Overview

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The global sweet corn seed market size was expected to be USD 761 million in 2021 & the market is projected to touch USD 1045 million by 2031, exhibiting a CAGR of 3.2% during the forecast period.  

The global COVID-19 pandemic has been unprecedented and staggering, with the market for sweet corn seed market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

Sweet corn is naturally occurring variety of maize also known as sugar corn due to its high sugar content. The sweet corn is picked when they are immature and should be consumed fresh before the corn kernel becomes starchy and tough. The popularity of sweet corn has increased extremely in past years worldwide due to rising focus on health and nutrition. The rising consumption of sweet corn over the past few years has shifted farmers interest towards sweet corn cultivation. Corn is one of the best sources of foodstuffs because of its high level of fiber and contains vitamin C, B vitamins, magnesium and potassium. Sweet corns come in yellow color with soft kernels and requires organic fertilizers, quality soil and full sun. Sweet Corn Seeds possess a high quality of nutrition consisting antioxidants, fibre, vitamins, and minerals. These seeds improve the overall health conditions by lowering the risk of cancer, heart diseases, cholesterol, treating digestive issues, diabetes, improving vision, iron content, enhances the memory and aids in weight loss.

There are challenges for sweet corn suppliers due to impact of political economic situation on trade activity and fluctuating trade condition. Launch of sweet corn-based products is expected to drive growth of the global sweet corn seeds market over the forecast period. The sweet corn seed market's potential is considered on the basis several factors such as type GMO, Non-GMO and application Farm Planting, Personal Planting. On the basis of seed type hybrid certified seed is expected to increase the growth of sweet corn seed market. Hybrid Certified Seeds is leading the market with the largest market share. Hybrid Certified Seeds provide high shelf life and have extreme sugar content so overall consumption of this variety is expected to be more.

COVID-19 Impact: severe decline in the product demand hampered market growth

The pandemic outburst led to a severe decline in the development of numerous sectors and disruption of many industries. However Least affected sectors in the world is the agriculture sector as agricultural activities sustained to attain a huge demand for food worldwide, there was a enormous disruption in the movement of goods hence It had insignificant negative impact on the growth of market. Covid 19   pandemic has enhanced the adoption of digital and remote research tools. Many businesses had to hinge to virtual research methods due to social distancing and this has emphasized the importance of having flexible research technologies. businesses that are able to effectively direct the risks and opportunities presented by new research technologies are likely to have a competitive advantage in their own markets.

LATEST TRENDS

"Development and innovation to help enhance the market growth"

Technological advancements and innovation are expected to play a key role in enhancing the performance of the product in the industries. Key players functioning in the global sweet corn seeds market are focused on adopting expansion strategies to enhance their market share. Online Sales Channel is controlling the market with the largest market share. Digitalization and online agro platforms help farmers to opt various processes of gaining, and getting of seeds increased to the consumers also there is no gap between farmers and retailers.

Sweet Corn Seed Market Segmentation

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• By Type

Depending on sweet corn seed market given GMO and Non-GMO.

GMO is the leading part of the type segment.

• By Application Analysis

According to application, the market can be segmented into farm planting and personal planting.

Farm planting is the leading part of the application segment.

Driving Factors

"Use of Digitalization to help in offering positive growth opportunities"

Digitalization and online agro platforms help farmers to opt various processes of gaining, and getting of seeds increased to the consumers also there is no gap between farmers and retailers.

"Demand in various industries boost the market growth"

The Sweet Corn Seeds market observed constant demand due to growing usage of sweet corn in the processed food industry, instant food preparation, and preparation of candies, instant foods, cornflour, soup powders, and pizzas. Sweet Corn Seeds are also used in cosmetic industries for maintaining skin clear, treating rashes and irritation on skin. The remaining waste residue obtained from food industries are useful for animal feed.

Restraining Factors

"High cost leads to drain of the market growth"

High cost of the Sweet Corn Seeds is expected to restrict the market growth over the forecast period. Higher commodity prices have adversely affected the corn seed market which also affects the market share. The fertilizers used for protecting the crop is high of cost which in turn affect the price of sweet corn seed. Sweet Corn Seeds may also get contaminated by fungi if not stored in a proper condition and might be hazardous when consumed.

Sweet Corn Seed Market Regional Insights

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"North America to dominate the market growth owing to the growing investments in instant food processing "

North America is expected to be the leading market of Sweet corn seed market. The growth is ascribed to the rising investments in instant food processing industries along with the development of new manufacturers of Sweet Corn Seeds. It is accredited to the government regulations and growing development. The global sweet corn seeds market growth is driven by increasing demand for processed food which increasing the market growth and the market share.

Key Industry Players

"Key Players Focus on Innovation to gain growth "

Technological advancements and innovation are expected to play a key role in enhancing the performance of the product in the industries". ""The market is growing at a steady rate and with the increasing implementation of policies by key players, the market is expected to rise over the period." Growing demand for Farm Planting, Personal Planting has a direct impact on the growth of the Sweet Corn Seed market which increases the market share. Launch of new leading products is also expected to boost growth of the sweet corn seeds market over the forecast period. 

List of Market Players Profiled

• DuPont (USA)
• Monsanto (USA)
• Syngenta (Switzerland)
• KWS (Kenya)
• Limagrain (France)
• Bayer (Germany)
• Sakata Seed (Japan)

Report Coverage

It provides a thorough overview of the market's current and future objectives, along with a competitive analysis of the industry, broken down by application, type and regional trends. Researchers broadly analyze the products and services offered by multiple players challenging to increase their market share. The sweet corn seed market presents new opportunities for growth and innovation, and the report offers valuable intuitions into upcoming trends and future situations in the industry. The report presents a detailed valuation of factors such as drivers, trends, restraints, sectors, competitive landscape, and others that are contributing considerably to the market's growth. Opportunities and challenges analysis enables to understand future growth rate of the market. A variation of methods and analyses are used in the research to ensure precise and complete information about the sweet corn seed market.