Soybean Seed: Market Size & Forecast 2026

The global soybean seed market reached approximately USD 56.0 billion in 2025, held in a structurally supplier-favoring balance driven by the dominance of three trait-licensing platforms, China's unassailable share of crush demand, and a regulatory environment that restricts supply optionality for buyers. A 4.2% seven-year CAGR carries the category to an estimated USD 74.7 billion by 2032, with seed-for-sowing volumes (7% of demand) growing faster than the commodity crush channel (75% of demand), which is the dominant structural driver. US farm-gate soybean prices have risen from USD 10.40/bushel in marketing year 2025/26 to a USDA-ERS forecast of USD 11.40/bushel for 2026/27, a roughly 9.6% increase that feeds directly into seed-cost pass-through pressure in contract negotiations. EU regulation on new genomic techniques (NGT-1 and NGT-2 frameworks) remains unresolved as of mid-2026, cre

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