9 World’s Largest Seed Companies- According to Annual Report of Seed Companies in 2022, there are 9 World’s Largest Seed Companies. Basically, all the data were obtained from Annual Report in 2022. Many of us know this seed companies or still used the seed products when planting or cultivating the plants.
Principally, Seed is the major inputs that can influence the productivity and quality of harvested crops. With high-quality seed, many planters or farmers can get more sophisticated or desirable harvested crops. The high-quality of seed can be seen by the productivity of crops, the resistant to many pests or fungi, and resistant to abiotic stress conditions. Because of the increasing population and consumption from over time, many companies all around the world strive to provide the best quality of seeds. Of all companies with seed products, just few of the seed companies that has huge sales and markets. Here are the 9 World’s Largest Seed Companies. All the data was obtained from Annual Report of Seed Companies in 2022. The data was raked by Sales of Seed of each company in 2022.
The Rank of World’s Largest Seed Companies
| Ranks | Name of Seed Companies | Sales in 2022 | Sales in 2022 |
|---|---|---|---|
| Origin Currency | US Dollar | ||
| 1 | Bayer Crop Science | Eur (€) 9,268 Million | 10,102 Million |
| 2 | Corteva (Pioneer) | USD ($) 8,979 Million | 8,979 Million |
| 3 | Syngenta | USD ($) 3,994 Million | 3,994 Million |
| 4 | BASF | Eur (€) 1,872 million | 2,040 Million |
| 5 | Vilmorin & Cie | Eur (€) 1,587 Million | 1,729 Million |
| 6 | KWS | Eur (€) 1,539 Million | 1,677 Million |
| 7 | DLF | DKK (Kr) 8,477 million | 1,271 Million |
| 8 | Yuan Long Ping High-Tech Agriculture Co Ltd | CNY (¥) 3,688 million | 516 Million |
| 9 | Sakata Seed | JPY (¥) 73,049 Million | 511 Million |
Source : Annual report, 2022 | |||
Origin Currency : Currency which Officially Used in Annual Report, 2022 | |||
| US Dollar = Converted Currency from Origin Currency into US Dollar Based on Currency Rates | |||
Currency Rates : | |||
| 1 Euro = 1.09 USD | |||
| 1 Japanese Yen (JPY) = 0,0070 US Dollar | |||
| 1 Danish Krone (DKK) = 0,15 US Dollar | |||
| 1 Chinese Yuan (CNY) = 0.14 US Dollar (USD) | |||
Brief Description of 9 World’s Largest Seed Companies
1. Bayer Crop Science
Bayer AG is the one of the biggest pharmaceutical and biotechnology company that was found by Friedrich Bayer on August 1st, 1863. Specifically, in this company, there is Bayer Crop Science division. It is one of the Bayer AG divisions focussing on agriculture sector and some of its business are producing and selling the seeds. Based on its history, Bayer Crop Science was formed in 2002. Bayer Crop Science concentrates in providing agriculture solutions. To Date, Commonly, Bayer Crop Science has some products in crop protection, seeds and traits, and digital farming.
In seed products, Bayer Crop Science has some leading products on seeds. They have many products of seed in different crops with multiple brands. Specifically, in Corn, Bayer Crop Science has some brands including Dekalb™, RIB Complete™, SmartStax™, Vitala™, VT Double™ PRO, VT Triple™ PRO, VTPRO4™. Furthermore, in Soybean, Bayer Crop Science has Asgrow™, Intacta RR2PRO™, Intacta 2 Xtend™, Roundup Ready 2 Xtend™, Roundup Ready 2 Yield™, and XtendFlex™ brands. In vegetable seeds, they have DeRuiter™, Seminis™ brands. In Cotton, they have Deltaphine, ThryvOn, and Bolgard brands. Lastly, in Canola, Bayer has Truflex brands.
Financially, Bayer Crops Science still become one of the leaders in seed Industry. According to annual Report in 2022, the sales of seed from Bayer Crop Science reached € 9,268 Million or equivalent with $ 10,102 Million.
2. Corteva
Corteva also the become one of the world’s biggest producer of seed in 2022. Financially, according to Annual Report in 2022, the sales of seed from Corteva reached $ 8,979 million. Corteva is the agriculture chemical and seed companies that was formed in 2018. Based on seed products, Corteva has some brands. One of the leading products is Pioneer Brand. Pioneer still become one of the world's most popular Corn seed brands and Many farmers still used it. Beside Pioneer, Corteva also produces and sells some seed brands including Brevant™, Dairyland, Hoegemeyer, Utech, AgVenture, Alforex, Cordius®, DUO™ hybrid corn, NEXSEM®, Nord®, PhytoGen (cotton), Pannar.
3. Syngenta
Syngenta also become one of the World’s biggest producer of Seed in 2022. Statistically, in 2022, the total sales of seed from Syngenta reached $ 3,994 million according to Syngenta Annual Report. Historically, Syngenta was founded in 2000 by the merger of the agrichemical businesses of Novartis and AstraZeneca. Until in 2017, China National Chemical Corporation (ChemChina) acquired Syngenta.
In seed industries, specifically, Syngenta has some popular brands of Seeds. The most popular brands of seed from Syngenta are NK® brand. Basically, NK® brand has corn and oilseeds product. Beside NK, Syngenta also some brands in different seed crops. It is C. C. Benoist (Cereals seed in France), AgriPro (Cereals seed in the NAFTA region), Golden Harvest (corn in the USA), HYVIDOTM (hybrid winter barley), S&G® and ROGERS® (Vegetable seeds), DuracadeVipteraTM (Corn), Nidera (Corn), SYNGENTA® Flowers (Flowers seed).
4. BASF
BASF (Badische Anilin- und Sodafabrik) is one of the the largest chemical producer. Historically, this company was founded by Friedrich Engelhorn on April 6th, 1865. Operationally, this company has main office in Ludwigshafen, Germany. Besides produce many chemical and agrochemicals products, BASF also has some seeds products. The sales of seed products can help to increase the business performance of BASF. According to Annual Report in 2022, the sales of seed from BASF reached € 1,872 million or equivalent with $ 2,040 million.
Based on seed brands, BASF also has some brands of seeds in different crops. Some of the seed brands from BASF are Credenz® (Soybean), FiberMax® (Cotton), InVigor® (Canola), Nunhems® (Vegetable), Stoneville® (Cotton).
5. KWS
KWS is one of the World’s largest seed companies. Historically, this company was Founded In 1838 by Matthias Christian Rabbethge and Operationally, KWS still has main office in Einbeck, Germany. Financially, KWS still become one of the biggest producers of seed in 2022. Financially, the sales of Seed from KWS reached € 1,539 Million or equivalent with 1,677 million.
Based on their seed products, KWS has some seed brands in different crops. Commonly, these brands are Corn (AMAROC (FAO 240), AUTENS KWS (FAO 170), KWS ANASTASIO (FAO 180/190), AUGUSTUS KWS (FAO 160), AURELIUS KWS (FAO 180), AVITUS KWS (FAO 160/170), KWS BENEFITO (FAO 230), KWS CALVINI (FAO 160/170). In Wheat seeds, KWS has ZYATT, EXTASE, DAWSUM, ZEALUM. In Barley seeds, KWS has CURTIS, FEERIS, TARDIS, and ORWELL. Furthermore, Hybrid Rye seed products, KWS has BONO, ETERNO, SERAFINO, TAYO. Furthermore, they have also some brands in Peas (MANAGER, MANKATO, KWS GOTHAM), Oat (WPB ISABEL), Oilseed Rape (CAMPUS, KWS GRANOS, HANNELI, FLAMINGO), Sugarbeet (MARUSCHA KWS, HARRYETTA KWS, ANNATINA KWS, SMART VESNICA KWS).
6. Vilmorin & Cie
Vilmorin & Cie is French seed company that was founded in 1743 by Claude Geoffroy & Pierre Andrieux. Operationally, Vilmorin & Cie bas hain office in La Ménitré, France. In seed industries, Vilmorin & Cie also has huge sales of Seed in 2022. According to Annual Report in 2022, the sales of seed from Vilmorin & Cie reached € 1,587 Million or equivalent with 1,729 million. Based on the products, Vilmorin & Cie has some seed products. These products include Vegetable seeds (Harris Moran, Clause, Hazera, Vilmorin, Mikado Kyowa), Field seeds (LG, AgriGold, Pride), and Garden (Vilmorin Depuis, Gondian, Vita).
7.DLF
DLF is European seed company that has main office in Roskilde, Denmark. Historically, this seed company was founded in 1988. Based on Ownership, DLF AmbA through 2,800 Danish grass seed growers still become fully owned DLF. Based on performance, DLF has huge sales of seed in 2022. Financially, the sales of seed from DLF reached Kr 8,477 million or equivalent with $ 1,271 Million.
To Date, DLF has some seed in different crops species including Forage and turf seeds (forage & turf grasses, forage brassicas, clovers and alfalfa, herbs, and cover crops), Sugar and fodder beet seeds, Vegetable seeds, and Potatoes. Specifically, DLF is the market leader in forage and turf seed with an estimated share of approximately 50% in Europe and 30% on a global.
8. Yuan Long Ping High-Tech Agriculture Co Ltd
Historically, Yuan Long Ping High-Tech Agriculture was founded on June 30, 1999. Operationally, this company still has main office in CHANGSHA, HUN. Based on seed business performance, Yuan Long Ping High-Tech Agriculture is the Chinese seed company that has huge sales in 2022. Financially, the sales of seed from Yuan Long Ping High-Tech Agriculture reached 3,688 million Yuan or equivalent with $ 516 million.
9.Sakata Seed
Sakata Seed is Japanese Seed Company that was founded by Takeo Sakata on 1913. Operationally, this company still has main office in Yokohama, Kanagawa, Japan. Many of its products is in vegetable seeds. Sakata seed is one of the world's biggest seed companies from Japan. Financially, the sales of seed from Sakata seed reached 73,049 million Yen or equivalent with $ 511 Million.
The Summary of World’s Largest Seed Companies
Bibliography of 9 World’s Largest Seed Companies
Bayer Crop Science. 2023. Annual Report 2022. Accessed via https://www.bayer.com/en/investors/integrated-annual-reports on June 25th, 2023.
Corteva. 2023. Annual Report 2022. Accessed via https://investors.corteva.com/ on June 25th, 2023.
Syngenta. 2023. Annual Report 2022. Accessed via https://www.syngenta.com/en/about/bond-investor-information/financial-results on June 25th, 2023.
BASF. 2023. Annual Report 2022. Accessed via https://report.basf.com/2022/en/ on June 25th, 2023.
Vilmorin & Cie. 2023. Annual Report 2022. Accessed via https://www.vilmorincie.com/en/archives/publications-en/regulated-information/annual-and-financial_reports/ on June 25th, 2023.
KWS. 2023. Annual Report 2022. Accessed via https://www.kws.com/corp/en/company/investor-relations/financial-reports/ on June 25th, 2023.
DLF. 2023. Annual Report 2022. https://www.dlf.com/about-dlf/key-figures-and-annual-report
Yuan Long Ping High-Tech Agriculture Co Ltd. 2023. Annual Report 2022. Accessed via https://www.wsj.com/market-data/quotes/CN/XSHE/000998/financials on June 25th, 2023. Sakata Seed. 2023. Annual Report 2022. Accessed via https://corporate.sakataseed.co.jp/en/ir/library/statement.html on June 25th, 2023