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Colombia Seed Market Size, Share, Growth, Analysis, Forecast: By Type: Conventional, GMO, Hybrid; By Crop Type: Fruits and Vegetables, Oilseeds and Pulses, Cereals and Grains, Others; By Traits: Herbicide-Tolerant, Insecticide-Resistant, Others; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Colombia Seed Market Outlook
The Colombia seed market size reached USD 301.41 million in 2023. The market is expected to grow at a CAGR of 4.9% between 2024 and 2032, reaching almost USD 464.73 million by 2032.
Key Takeaways
- In 2023-24, Colombia agricultural production witnessed an increase with prominent crops that includes Rice (1,940 thousand tons), Palm oil (1,900 thousand tons), Corn (1,600 thousand tons), Soybean (110 thousand tons), among others.
The Colombia seed market growth is being propelled by significant investments in agricultural research, particularly from major private firms focusing on innovation in the agriculture sector. The advent of biotechnology and scientific developments, coupled with a strengthening Intellectual Property Rights (IPR) landscape and expansion of the agricultural inputs market, is encouraging private companies to invest in agricultural R&D. Genetically modified seeds are experiencing increased commercial sales due to their production benefits for cultivators.
Hybrid seed adoption is also driving market share growth in Colombia, especially as modern agriculture and home gardening prioritize hybrid seed production. Controlled hybrids offer uniform characteristics produced by crossing two inbred strains, contributing to a dramatic rise in agricultural output, particularly since 2016 with increased demand for Bt cotton hybrids, single-cross corn hybrids, and hybrid vegetables.
The adoption of high-yielding cultivars/seeds, coupled with agricultural inputs like crop protection products and fertilisers, aims to optimize agricultural sector utilization. Additionally, the global push for pollution reduction is fuelling biofuel usage, which offers environmental advantages over fossil fuels.
The Colombia seed market is responding to rising population and consumption trends, particularly in animal fodder and commodities like vegetable oil. However, challenges such as strict regulatory structures, economic volatility, and awareness gaps remain for companies operating in this market.
Key drivers include the adoption of Genetically Modified (GM) crops, providing resistance to pests, insects, and chemicals while boosting yield. Farmers seek genetically modified seeds to enhance productivity, driving demand in the seed market. Diversification in crops is also rising to meet market demands, leading to the development of new seed varieties by seed companies and play an important role in the Colombia seed market development.
Market Segmentation
Colombia Seed Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Conventional
- GMO
- Hybrid
Market Breakup by Crop Type
- Fruits and Vegetables
- Brassicas
- Cucurbits
- Roots and Bulbs
- Leafy Vegetables
- Solanaceae
- Others
- Oilseeds and Pulses
- Soyabean
- Canola/Rapeseeds
- Sunflower
- Others
- Cereals and Grains
- Corn
- Wheat
- Rice
- Others
- Others
Market Breakup by Traits
- Herbicide-Tolerant
- Insecticide-Resistant
- Others
Competitive Landscape
Key players in the seed market in Colombia offer products through production and imports to support the end users in the market.
- AGROSAVIA
- Corteva Inc.
- Syngenta Crop Protection AG
- Groupe Limagrain Holding
- CULTIVOS Y SEMILLAS EL ACEITUNO
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Crop Type |
|
| Breakup by Traits |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Latin America Seed Market Overview
8.1 Key Industry Highlights
8.2 Latin America Seed Historical Market (2018-2023)
8.3 Latin America Seed Market Forecast (2024-2032)
9 Colombia Seed Market Overview
9.1 Key Industry Highlights
9.2 Colombia Seed Historical Market (2018-2023)
9.3 Colombia Seed Market Forecast (2024-2032)
10 Colombia Seed Market by Type
10.1 Conventional
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 GMO
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Hybrid
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
11 Colombia Seed Market by Crop Type
11.1 Fruits and Vegetables
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.1.3 Breakup by Type
11.1.3.1 Brassicas
11.1.3.2 Cucurbits
11.1.3.3 Roots and Bulbs
11.1.3.4 Leafy Vegetables
11.1.3.5 Solanaceae
11.1.3.6 Others
11.2 Oilseeds and Pulses
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.2.3 Breakup by Type
11.2.3.1 Soyabean
11.2.3.2 Canola/Rapeseeds
11.2.3.3 Sunflower
11.2.3.4 Others
11.3 Cereals and Grains
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.3.3 Breakup by Type
11.3.3.1 Corn
11.3.3.2 Wheat
11.3.3.3 Rice
11.3.3.4 Others
11.4 Others
12 Colombia Seed Market by Traits
12.1 Herbicide-Tolerant
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Insecticide-Resistant
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyers Powers
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Value Chain Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 AGROSAVIA
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Corteva Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Syngenta Crop Protection AG
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Groupe Limagrain Holding
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 CULTIVOS Y SEMILLAS EL ACEITUNO
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Latin America Seed Market: Key Industry Highlights, 2018 and 2032
2. Colombia Seed Market: Key Industry Highlights, 2018 and 2032
3. Colombia Seed Historical Market: Breakup by Type (USD Million), 2018-2023
4. Colombia Seed Market Forecast: Breakup by Type (USD Million), 2024-2032
5. Colombia Seed Historical Market: Breakup by Crop Type (USD Million), 2018-2023
6. Colombia Seed Market Forecast: Breakup by Crop Type (USD Million), 2024-2032
7. Colombia Seed Historical Market: Breakup by Traits (USD Million), 2018-2023
8. Colombia Seed Market Forecast: Breakup by Traits (USD Million), 2024-2032
9. Colombia Seed Market Structure
Key Questions Answered in the Report
The market is estimated to be valued at USD 301.41 million in 2023.
The market is projected to grow at a CAGR of 4.9% between 2024 and 2032.
The seed market is expected to reach USD 464.73 million in 2032.
The seed market is categorised according to its type, which includes conventional, GMO, and hybrid.
The key market players are AGROSAVIA, Corteva Inc., Syngenta Crop Protection AG, Groupe Limagrain Holding, CULTIVOS Y SEMILLAS EL ACEITUNO, and others.
The market is driven by factors that include adoption of Genetically Modified (GM) crops, providing resistance to pests, insects, and chemicals while boosting yield, among others.
The seed market is categorised according to its traits, which includes herbicide-tolerant, insecticide-resistant and others.
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