Press release
Organic Planting Seeds Market Size, Share, Emerging Trends, Demand, Revenue and Forecasts Research 2030
The global economy has undergone unprecedented damage since the COVID-19 pandemic outbreak. Few industries have been unaffected by the outbreak; most, however, are in serious trouble. Navigating through these challenging times is a mountainous task and to aid you in your journey, Fortune Business Insights™ aims at equipping your business with the most comprehensive market intelligence, collated and analyzed by our expert and experienced research team.
Highlights of the Report:
All-encompassing overview of the industry trends and outlook;
Holistic examination of the impact of the COVID-19 outbreak on the market;
Actionable research into the market drivers, restraints, and segments; and
Granular study of the competitive landscape and regional prospects of the market.
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Driving Factor
Increasing Focus on Sustainable Agriculture to Favor Market Growth
The intensification of the movement towards adopting sustainable farming practices is feeding the organic planting seeds market growth as organic agriculture has the potential to strengthen the fight against global warming and climate. According to the US-based Rodale Institute, organic farms release 40% less carbon emissions and consume 45% less energy than conventional farms. Another study published in the Journal of Applied Ecology reveals that organic farms foster 30% more biodiversity compared to their conventional counterparts. Acknowledging this evidence, governments around the world are actively promoting the adoption of organic agriculture. For example, in Europe, Germany, Austria, and Finland have plans to devote 20% of their land area to organic farms while in South Asia Bhutan aims to turn 100% organic by 2020. In India, the north-eastern state of Sikkim declared itself 100% organic in 2016. With major economies implementing policies to go organic in the next few years, the demand for organic planting seeds is likely to skyrocket and broaden the horizons of this market.
Regional Insights
Asia Pacific to Gain Prominence Backed by Supportive Government Policies
Asia Pacific is expected to lead the organic planting seeds market share in the foreseeable future owing to the formulation and implementation of policies favouring the adoption of organic farming. For example, the Indian state of Odisha is rolling out the Integrated Irrigation Project for Climate Resilient Agriculture to advance sustainable agriculture in the state. Furthermore, countries in the region are also steadily expanding the area under organic cultivation, which will propel the market in Asia Pacific.
In North America, the market is slated to experience dynamic growth owing to the rising demand for natural, chemical-free, and clean-label food items. Data from the Organic Trade Association showed that organic food sales in the US stood at USD 43.3 billion, indicating a rapidly growing preference for organic foods in the region. Similar trends are expected in Europe, where the demand for organic foods is getting accelerated due to the widespread adoption of vegan diets.
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Competitive Landscape
Academia-Industry Collaborations to Animate Market Competition
The competitive milieu of this market is getting redesigned by the increasing number of collaborations between academic institutions, industry leaders, and global bodies. These alliances are elevating the research potential in the organic seeds domain and speeding up the transition towards sustainability.
Industry Developments:
September 2020: SeedLinked, the University of Wisconsin-Madison, and the Organic Seed Alliance teamed up to launch a joint project named 'The Collaborative Plant Breeding Network Development for Organic Systems in the Upper Midwest'. The project will involve organic farmers & certifiers along with independent plant breeders and companies to develop data-sharing and networking tools and introduce new varieties of tomatoes and sweet peppers adapted to the Upper Midwest climate.
List of Key Players Covered in the Organic Planting Seeds Market Report:
Southern Exposure Seed Exchange
Arnica Kwekerij
Johnny's Selected Seeds
Seed Savers Exchange
Vitalis Organic Seeds
Fleuren
Maas Plant
Wild Garden Seeds
Fedco Seeds
Seeds of Change Inc.
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