The latest research study “Vegetable Seed Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global vegetable seed market size reached US$ 5.64 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 7.31 Billion by 2027 exhibiting a growth rate (CAGR) of 4.20% during 2022-2027.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Industry Definition and Application:
Vegetable seed is a name given to the seeds of various crops, such as solanaceae, leafy, brassica, root and bulb, cucurbit, etc., that can grow in gardens or on farms. They are available in numerous types, including conventional, genetically modified, open-pollinated, and hybrid.
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Vegetable Seed Market Trends and Drivers:
The expanding food and beverage (F&B) industry and the shifting preferences toward high nutrition value diets are primarily driving the vegetable seed market. Besides this, the development of organic product variants using bio-fertilizers and biopesticides is also positively influencing the global market growth.
Furthermore, the escalating usage of gene-editing technology to meet the elevating demand for genetically modified vegetable seeds that ensure improved disease resistance, reduced risk of crop spoilage, and increased yield is acting as another significant growth-inducing factor.
Additionally, the growing utilization of the product in snacks and ready-to-eat (RTE) food items and the rising integration of biotechnology tools in farming to grow a variety of vegetables with enhanced adaptability to climatic conditions and agronomic performance are anticipated to catalyze the vegetable seed market in the coming years.
| Vegetable Seed Market Report Scope | |
| Report Coverage | Details |
| Market size value in 2021 | US$ 5.64 Billion |
| Market forecast in 2027 | US$ 7.31 Billion |
| Growth Rate | CAGR of 4.20% from 2022 to 2027 |
| Base year for estimation | 2021 |
| Historical data | 2016-2021 |
| Forecast period | 2022-2027 |
| Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Segments covered | Type, Crop Type, Cultivation Method and Seed Type |
| Regional scope | North America, Europe, Asia-Pacific, Latin America, Middle East and Africa |
| Key companies profiled | American Takii Inc., BASF SE, Bayer CropScience AG, Bejo Zaden BV, East-West Seed, Enza Zaden Beheer B.V., Groupe Limagrain, Namdhari Seeds Pvt. Ltd., Rijk Zwaan Zaadteelt En Zaadhandel BV, Sakata Seed Corporation, Syngenta AG (Cnac Saturn (Nl) B.V.) and UPL Limited |
| Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
| Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Type:
- Open Pollinated Varieties
- Hybrid
Breakup by Crop Type:
- Solanaceae
- Root & Bulb
- Cucurbit
- Brassica
- Leafy
- Others
Breakup by Cultivation Method:
- Protected
- Open Field
Breakup by Seed Type:
- Conventional
- Genetically Modified Seeds
By Geography:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
List of Major Key Players:
The major players in the market are American Takii Inc., BASF SE, Bayer CropScience AG, Bejo Zaden BV, East-West Seed, Enza Zaden Beheer B.V., Groupe Limagrain, Namdhari Seeds Pvt. Ltd., Rijk Zwaan Zaadteelt En Zaadhandel BV, Sakata Seed Corporation, Syngenta AG (Cnac Saturn (Nl) B.V.) and UPL Limited.
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