According to Cognitive Market Research, the global Carrot seed market size was USD 1351.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.50% from 2024 to 2031.
North America held the major market, accounting for more than 40% of global revenue. With a market size of USD 540.48 million in 2024, it will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 405.36 million.
Asia Pacific held a market of around 23% of the global revenue with a market size of USD 310.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.5% from 2024 to 2031.
Latin America's market has more than 5% of the global revenue, with a market size of USD 67.56 million in 2024, and will grow at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031.
The Middle East and Africa held the major markets, accounting for around 2% of the global revenue. The market was USD 27.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
The direct sales segment held the highest carrot seed market revenue share in 2024
