10 World’s Largest Seed Companies in 2024
10 World’s Largest Seed Companies- According
to the Annual Report of Seed Companies in 2024, there are 10 world’s largest
seed companies. Basically, all the data were obtained from the Annual Report in
2024. Many of us know these seed companies or still used the seed products when
planting or cultivating the plants.
Principally, Seed is the major input that can influence the
productivity and quality of harvested crops. With high-quality seeds, many
planters or farmers can get more sophisticated or desirable harvested crops.
The high-quality of seeds can be seen by the productivity of crops, the resistance
to many pests or fungi, and resistance to abiotic stress conditions.
Because of the increasing population and consumption from overtime, many
companies all around the world strive to provide the best quality of seeds.
Of all companies with seed products, just a few of the seed companies
that have huge sales and markets. Here are the 10 World’s Largest Seed
Companies. All the data was obtained from the Annual Report of Seed Companies
in 2024. The data was raised by Sales of Seed of each company in 2024.
The Rank of World’s Largest Seed Companies in 2024
|
Ranks |
Name of Seed Companies |
Total Seed Sales in 2024 |
Total Seed Sales in 2024 |
|
Origin Currency |
US Dollar |
||
|
1 |
Bayer
Crop Science |
EUR 10.3 billion |
USD 11.5 billion |
|
2 |
Corteva
Agriscience |
USD 9.5 billion |
USD 9.5 billion |
|
3 |
Syngenta
|
USD 4.8 billion |
USD 4.8 billion |
|
4 |
Limagrain |
EUR 2.5 million |
USD 2.77 million |
|
5 |
BASF |
EUR 2.1 billion |
USD 2.33 billion |
|
6 |
KWS |
EUR 1.93 million |
USD 2.14 million |
|
7 |
Yuan
LongPing High-Tech Agriculture Co Ltd |
RMB 8,516 million |
USD 1.19 billion |
|
8 |
DLF |
DKK 8.15 billion |
USD 1.14 billion |
|
9 |
Rijk
Zwaan |
EUR 0.627 billion |
USD 0.695 billion |
|
10 |
Sakata
Seed |
JPY 88,677 million |
USD 0.63 billion |
|
11 |
East-West
Seed |
USD 0.192 billion |
USD 0.192 billion |
|
Source:
Annual report, 2024 |
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|
Origin
Currency: Currency which Officially Used in Annual Report, 2024 |
|||
|
US
Dollar = Converted Currency from Origin Currency into US Dollar Based on
Currency Rates |
|||
|
Currency
Rates: |
|||
|
|
1 Euro
(EUR) = 1.11 US Dollar (USD) |
||
|
|
1
Japanese Yen (JPY) = 0.0071 US Dollar (USD) |
||
|
|
1
Danish Krone (DKK) = 0.14 US Dollar (USD) |
||
|
|
1
Chinese Renminbi (RMB) = 0.14 US Dollar (USD) |
||
Brief Description of 10 World’s Largest Seed Companies
1. Bayer Crop Science
Bayer AG is the one of the biggest pharmaceutical and
biotechnology companies that was founded 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 the agricultural sector and some
of its businesses produce and sell the seeds. Based on its history, Bayer Crop
Science was formed in 2002. Bayer Crop Science concentrates on 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 and traits, Bayer Crop Science has some brands including Dekalb™, RIB Complete™, SmartStax™, Vitala™, VT Double™ PRO, VT Triple™ PRO, VTPRO4™. Furthermore, in Soybean seed and traits, 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 and largest companies in the seed Industry. According to the annual
Report in 2024, the sales of seeds from Bayer Crop Science reached EUR 10.3
billion or equivalent to USD 11.5 billion. Specifically, the sales of corn seed
& traits contributed EUR 6,559 million, soybean seed & traits EUR 2,475
million, cotton seed EUR 585 million, and vegetable seeds EUR 772 million.
2. Corteva
Corteva also became one of the world’s biggest producers of
seed in 2024. Financially, according to the Annual Report in 2024, the sales of
seeds from Corteva reached USD 9.5 billion. Corteva is the agriculture
chemical and seed company that was formed in 2018. Based on seed products,
Corteva has some brands. One of the leading seed products is “Pioneer”.
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 producers
of Seed in 2024. Statistically, in 2024, the total sales of seed from Syngenta
reached USD 4.8 billion 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 products. Besides NK, Syngenta
also has 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 largest chemical and agricultural seed companies. Historically, this
company was founded by Friedrich Engelhorn on April 6th, 1865. Operationally,
this company has a main office in Ludwigshafen, Germany. Besides producing 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 the annual report in 2024, the sales of seeds from BASF reached EUR
2.1 billion or equivalent to USD 2.33 billion.
Specifically, 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
2024. Financially, according to the KWS Annual report of 2024, the sales of seeds
from KWS reached EUR 1.93 million or equivalent to USD 2.14 million. Specifically, sales of corn contribute EUR
701 million, sales of sugarbeet EUR 864 million, sales of cereals EUR 275
million, and sales of vegetables EUR 62.1 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. Limagrain
Limagrain is an international agricultural co-operative, specializing
in field seeds, vegetable seeds and cereal products. Operationally, Vilmorin
& Cie bas hain office in Saint-Beauzire, Puy-de-Dôme, France. In seed
industries, Vilmorin & Cie also has huge sales of Seed in 2022.
According to the Annual Report in 2024, the sales of seeds from Vilmorin &
Cie reached EUR 2.5 million or equivalent to USD 2.77 million. Based on the
products, Limagrain 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 an European seed company that has a 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 2024.
Financially, the sales of seeds from DLF reached DKK 8.15 million or equivalent
to USD 1.14 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% globally. Specifically, in terms of seed business, forage seed still become the
main product with contribution 48% of total sales, followed by turf seed with
contribution of 27%, complementary seed (20%), and vegetable seed (5%).
8. Yuan LongPing High-Tech Agriculture Co Ltd
Historically, Yuan Long Ping High-Tech Agriculture was
founded on June 30, 1999. Operationally, this company still has a main office in Changsha,
Hun. Based on seed business performance, Yuan LongPing High-Tech Agriculture
is the Chinese seed company that has huge sales in 2024. Financially, the sales
of seed from Yuan LongPing High-Tech Agriculture reached RMB 8,516 million or
equivalent with USD 1.19 billion.
9.Sakata Seed
Sakata Seed is a Japanese Seed Company that was founded by
Takeo Sakata in 1913. Operationally, this company still has a main office in
Yokohama, Kanagawa, Japan. Many of its products are vegetable seeds. Sakata
seed is one of the world's biggest seed companies from Japan. Financially, the
sales of seeds from Sakata seed reached JPY 88,677 million or equivalent with USD
0.63 billion.
10. Rijk Zwaan
Founded in 1924 by Mr Rijk Zwaan, Rijk Zwaan is a
family-owned international fruit and vegetable seed company supplying seeds to
growers in more than 100 countries. Operationally, Rijk Zwaan still has a main
office in De Lier, Netherlands. Along with business development, Rijk Zwaan has
seed products in more than 30 different crops and over 1,800 varieties. Based
on the workforce, Rijk Zwaan has employed 4,000 people in over 30 countries. To
date, the owner of Rijk Zwaan is Three families with share ownership reaching
90%, and the rest of shareholders are the employees (10% of share ownership). Financially,
in 2024, total seed sales reached EUR 0.627 billion or equivalent to USD 0.695
billion.
11. East-West Seed
East-West Seed, founded in 1982 by Dutch seedsman
Simon Groot, is a top vegetable seed company in Asia, growing quickly in Africa
and Latin America. Historically, Simon Groot founded East-West Seed in
the Philippines in collaboration with Filipino seed trader Benito Domingo.
Originally named Hortigenetics Philippines, Inc., the company was subsequently
renamed East-West Seed to represent the successful collaboration between Asia
and Europe. Financially, in 2023, total seed sales
of East-West Seed reached USD 0.192 billion.
Summary of 10 World’s Largest Seed Companies in 2024
Bibliography of 10 World’s Largest Seed Companies in 2024
Bayer Crop Science. 2025. Annual Report 2024. Accessed via https://www.bayer.com/en/investors/integrated-annual-reports on
March 25th, 2025.
Corteva. 2025. Annual Report 2024. Accessed via https://investors.corteva.com/ on March 25th, 2025.
Syngenta. 2025. Annual Report 2024. Accessed via https://www.syngenta.com/en/about/bond-investor-information/financial-results on
March 25th, 2025.
BASF. 2025. Annual Report 2024. Accessed via https://www.basf.com/global/en/investors
on March
25th, 2025.
Limagrain. 2025. Annual Report 2024. Accessed via https://www.limagrain.com/en/finance
on
March 25th, 2025.
KWS. 2025. Annual Report 2024. Accessed via https://www.kws.com/corp/en/company/investor-relations/financial-reports/ on
March 25th, 2025.
DLF. 2025. Annual Report 2024. Accessed via https://www.dlf.com/about-dlf/key-figures-and-annual-report on
March 25th, 2025.
Yuan LongPing High-Tech Agriculture Co Ltd. 2025. Annual
Report 2024. Accessed via https://www.wsj.com/market-data/quotes/CN/XSHE/000998/financials on
March 25th, 2025.
Sakata Seed. 2025. Annual Report 2024. Accessed via https://corporate.sakataseed.co.jp/en/ir/library/statement.html on
March 25th, 2025.
Rijk
Zwaan. 2025. Annual Report 2024. Accessed via https://www.rijkzwaan.com/en/news/rijk-zwaan-invests-heavily-in-seed-processing-capacity-and-randd on
March 25th, 2025.
East-West
Seed. 2025. Annual Report 2023. Accessed via https://www.fruitnet.com/asiafruit/east-west-seeds-sales-increased-last-year/261712.article on
March 25th, 2025.