Vegetable Seeds Global Market Analysis, Trends, Growth, Research And Forecast 2033

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Vegetable Seeds Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The vegetable seeds market size has grown rapidly in recent years. It will grow from $10.92 billion in 2023 to $12.15 billion in 2024 at a compound annual growth rate (CAGR) of 11.3%. The growth in the historic period can be attributed to global population growth, urbanization and changing lifestyles, globalization of food supply chains, increased vegetable processing industry, consumer demand for exotic vegetables.

The vegetable seeds market size is expected to see rapid growth in the next few years. It will grow to $18.48 billion in 2028 at a compound annual growth rate (CAGR) of 11.0%. The growth in the forecast period can be attributed to organic farming expansion, global trade and export opportunities, water-efficient varieties, government subsidies and incentives, consumer preferences for local produce. Major trends in the forecast period include disease-resistant varieties, high-yielding hybrid varieties, biotechnology for trait enhancement, customization for urban and container gardening, precision agriculture technologies.

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Market Segmentation:
The vegetable seeds market covered in this report is segmented -

1) By Type: Open-Pollinated, Hybrids
2) By Crop Type: Solanaceae, Roots And Bulb, Cucurbit, Brassica, Leafy, Other Crop Types
3) By Traits: Genetically Modified, Conventional
4) By Form: Inorganic, Organic

Major Driver - Exploring The Surge In Vegetable Seeds Market Amid Rising Demand For Organic Foods
The increasing demand for organic food products will contribute to the growth of the vegetable seeds market going forward. Organic food is grown without the use of synthetic chemicals, such as pesticides and fertilizers manufactured by humans, and does not contain genetically modified organisms (GMOs). During the COVID-19 pandemic, demand for organic foods increased as consumers regarded them to be healthier and more immune-boosting. For instance, in June 2022, according to the Organic Trade Association, a US-based business association, in 2021, organic sales surged by $1.4 billion (2%), exceeding $63 billion, with food sales contributing over 90%, reaching $57.5 billion (2% growth), and non-food sales rising to $6 billion (7% increase). Hence, the growing demand for organic food is expected to propel the growth of the vegetable seeds market.

Competitive Landscape:
Major companies operating in the vegetable seeds market report are BASF SE, Syngenta AG, JK Agri Genetics Limited, United Phosphorous Ltd., Bayer FMC Corporation, FMC Corporation, Groupe Limagrain Holding SA, Vilmorin & Cie SA, Rijk Zwaan Zaadteelt en Zaadhandel BV, Bayer CropScience Ltd., Sakata Seed Corporation, Yuan Longping High-Tech Agriculture Co Ltd., Kaveri Seeds Company Pvt, De Enkhuizer Zaadwinkel, East-West Seed Company Ltd., W. Atlee Burpee & Co, Seedway LLC, Johnny's Selected Seeds, Stokes Seeds Inc., Bejo Zaden BV, Abbott & Cobb Inc., Harris Moran Seed Company, Advanta Seeds - UPL, Nuziveedu Seeds Limited, Vikima USA Inc., Emerald Seed Company, Territorial Seed Company, Bajo Foods Private Limited, Takii & Co Ltd., Mahyco Private Limited, F.W. Sawatzky Ltd., Namdhari Seeds Pvt Ltd.

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Top Trend - Disease-Resistant Seeds Transforming Vegetable Farming
Major companies operating in the vegetable seeds market are focused on developing innovative products such as disease resistant seeds to increase their profitability in the market. Disease-resistant vegetable seeds refer to seeds of plants that have been bred or genetically modified to exhibit a reduced susceptibility to various diseases. For instance, in August 2021, Chia Tai Company Limited, a Thailand-based agricultural company launched Chinese Bitter Gourd Vista Plus. The product is a novel seed that presents disease resistance, abundant harvests, and substantial fruits, designed to tackle challenges faced by farmers cultivating Chinese bitter gourds, aiming to optimize productivity. The resulting bitter gourds exhibit improved mass, expanded dimensions, offering potential economic gains for farmers. Extensive quality assessments spanning over 24 months have yielded positive outcomes, affirming the seed's efficacy.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Vegetable Seeds Market Characteristics
3. Vegetable Seeds Market Trends And Strategies
4. Vegetable Seeds Market - Macro Economic Scenario
5. Vegetable Seeds Market Size And Growth
…..
27. Vegetable Seeds Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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