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Tomato Seeds Market Size, Share, Growth & Company Analysis ⅼ Forecast (2024 - 2032) ⅼ Renub Research

04-08-2024 10:56 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Renub Resaecrh

Tomato Seeds Market Size, Share, Growth & Company Analysis ⅼ

Tomato Seeds Market is anticipated to be priced at US$ 1.85 Billion by 2030, as compared to US$ 1.19 Billion in 2023, as per Renub Research. It is anticipated to expand at a CAGR of 6.51% among 2024 and 2032.

Tomato seeds are small capsules of possibility that promise a succulent red tomato. They cater to diverse desires in several varieties tailored to numerous tastes and developing environments. The growing demand for sickness-resistant plants and increasing tomato consumption propelled the flourishing Tomato Seeds Market. These seeds signify the commencement of the journey toward the flavorful tomatoes loved by many, whether for domestic gardeners or huge-scale farming operations.

Read More: https://www.renub.com/tomato-seeds-market-p.php

The rise in the consumption of tomatoes has solidified its reputation as a top vegetable crop. Euromonitor data showed that the "processed tomatoes" market grew from 31 million tonnes in 2017 to over 34.2 million in 2023. This demand surge increased the need for tomato seeds precisely because of tomatoes' popularity in food processing and substantially in ketchup and puree production. This reliance on tomatoes as a crucial component further drives seed demand. Consequently, the tomato seeds market is increasing to satisfy the developing utilization of tomatoes across diverse food sectors. This highlights its crucial function in modern cuisine and food production.

Increasing consumer consciousness of health advantages also drives tomato seeds market growth. Collaborative research by the U.S. Department of Agriculture's Agricultural Research Service (ARS) and The Ohio State University (OSU) suggests the potential of tomatoes to lower the threat of chronic illnesses like prostate and liver cancer. These advantages stem from natural compounds in tomatoes metabolized in the liver during consumption. Knowledge of tomato seeds' nutritional benefits and potential to promote heart health, resource digestion, and enhance immunity boosts demand. This consumer emphasis on fitness and well-being fosters market growth in the agriculture, food, and health sectors.

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Companies introducing new hybrid varieties propel the tomato seeds market's boom. These hybrids boast multiplied virus resistance and flexibility to diverse climate situations and ensure reliability in cultivation. They cater to farmers' desires across numerous regions. The rising demand from processing industries that relied on tomatoes for merchandise like ketchup and puree fueled market expansion. These factors and seed technology innovations mark a promising outlook for the market. For example, BASF Vegetable Seeds (Nunhems® emblem) advanced Ronvine, a ToBRFV-resistant tomato variety, contributes to the market boom.

China emerges as one of the fastest-growing participants in the tomato seeds market.

The quick growth of China in the tomato seeds market is facilitated by its sizable agricultural area and favorable climate, presenting excellent surroundings for tomato cultivation. The present-day Food and Agriculture Organization of the United Nations (FAO) records state that China boasts a tremendous tomato manufacturing of 67. 5 million tonnes. Increasing urbanization and shifting dietary preferences have heightened the demand for tomatoes and seeds. Technological improvements in farming have strengthened productivity and quality, contributing to marketplace growth. China's burgeoning food processing enterprise, closely reliant on tomatoes, further amplifies the want for tomato seeds. So, China is one of the swiftest-developing players in the tomato seeds market.

Tomato Seeds Market Company News.
BASF SE, Sakata Seed Corporation, Bayer Crop Science SE, Syngenta AG, Gansu Dunhuang Seed Co., Ltd., UPL Ltd., Groupe Limagrain Holding, and Rijk Zwaan Zaadteelt en Zaadhandel B.V. are leading firms in the worldwide tomato seeds market.

• In January 2023- Located in the western region of the Netherlands, Syngenta Vegetable Seeds will vigorously be employed in innovation at Tomato Vision, shaping the future of tomatoes. Researchers at the facility are focused on exploring new possibilities for tomatoes, considering the needs of consumers and growers and upcoming advancements in the field.

• In May 2023- Enza Zaden provided 18 tomato varieties highly resistant to Tomato Brown Rugose Fruit Virus (ToBRFV) across all major types, ensuring no compromise on taste, yield, or quality. The rapid adoption and success of these High-Resistance to ToBRFV (HREZ) varieties in key tomato production regions owe much to the trust and commitment of our valued grower, shipper, and retailer partners.

• In December 2022- Rijk Zwaan introduced its inaugural tomato varieties, which feature high resistance to the tomato brown rugose fruit virus (ToBRFV) and are compatible with all commercially accessible rootstocks.

Product - Market breakup in 3 viewpoints:
1. Large Tomato Seeds
2. Cherry Tomato Seeds
3. Others

Application - Market breakup in 3 viewpoints:
1. Farmland
2. Greenhouse
3. Others

Type - Market breakup in 3 viewpoints:
1. Open-Pollinated Varieties
2. Hybrids
3. Others

Technology - Market breakup in 2 viewpoints:
1. Open-Field
2. Protected Cultivation

Countries - Market breakup in 25 viewpoints:
North America
1. United States
2. Canada

Europe
1. France
2. Germany
3. Italy
4. Spain
5. United Kingdom
6. Belgium
7. Netherlands
8. Turkey

Asia Pacific
1. China
2. Japan
3. India
4. Australia
5. South Korea
6. Thailand
7. Malaysia
8. Indonesia
9. New Zealand

Latin America
1. Brazil
2. Mexico
3. Argentina

Middle East & Africa
1. South Africa
2. Saudi Arabia
3. The United Arab Emirates

All the Key players have been covered from 3 Viewpoints:
• Overview
• Recent Developments
• Revenue Analysis

Company Analysis:
1. BASF S.E.
2. Sakata Seed Corporation
3. Bayer Crop Science SE.
4. Syngenta AG
5. Gansu Dunhuang Seed Co., Ltd.
6. UPL LMt.
7. Groupe Limagrain Holding
8. Rijk Zwaan Zaadteelt en Zaadhandel B.V.

About the Company:

Renub Research is a Market Research and Information Analysis company with more than 15 years of experience in Research, Survey, and Consulting. Our research helps companies to take business decisions: on strategy, organization, operations, technology, mergers & acquisitions, etc. Till now we have published more than 7000 syndicated reports and worked on more than 500 custom research projects. Currently, we are supplying data to EMIS, Bloomberg, Thomson Reuters, etc. We support many blue-chip companies by providing them with findings and perspectives across a wide range of markets.

Contact Us:

Renub Research
Phone No: +1-478-202-3244 | +91-120-421-9822 (IND)
Email: info@renub.com
LinkedIn: https://in.linkedin.com/company/renub-research
Web: www.renub.com

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