Vegetable Seeds Market Generating Revenue of $13.65 Billion By 2032, At a Booming 7.2% Growth Rate

According to the report, the vegetable seeds market was valued at USD 7.35 billion in 2023 and is estimated to reach USD 13.65 billion by 2032, exhibiting a CAGR of 7.2% from 2023 to 2032.

Global population growth and the resulting demands drive market expansion. Also, the effects of urbanization and consumers' growing preference for organic food goods are expanding the market. Moreover, by balancing the daily intake, dietary diversification helps guarantee that vital micronutrients are delivered in adequate proportions. Adding vegetables, which fight illnesses and nutritional deficiencies, does this. This factor is contributing to the rise in vegetable consumption, which is increasing the manufacturing of these goods. As a result, it is anticipated to lead the market for vegetable seeds during the projected period.

𝗚𝗲𝘁 𝗙𝗿𝗲𝗲 𝗘𝘅𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗣𝗗𝗙 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗼𝗳 𝗧𝗵𝗶𝘀 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁 @ https://www.polarismarketresearch.com/industry-analysis/vegetable-seeds-market/request-for-sample

Overview
A balanced diet must include vegetables since they provide vital nutrients that support general health. Considering the importance of a diversified diet, the demand for vegetables is rising. Farmers all over the world are looking for premium vegetable seeds to sow in order to meet this increasing demand and ensure the production of vegetables that are of the highest caliber and have optimal nutritional value. Herbs or vegetable seeds are terms used to describe seeds or crops in their embryonic form that may be produced in gardens or on commercial farms and are marketed as such. Vegetable seeds contain, among other things, legumes such as beans, peas, cabbage, carrots, peppers, etc.

Competitive Analysis

The global vegetable seed industry is characterized by intense competition, with several major competitors competing for market supremacy. Here are a few of the major players in the market:
• BASF SE
• Bayer AG
• Cortiva Agriscience
• DLF
• Enza Zaden
• FMC Corporation
• Groupe Limagrain
• KWS SAAT SE
• Longping High-Tech
• Mahyo
• Sakata Seed Corporation
• Syngenta Group
• Takii & Co Ltd
• UPL (Advanta Seeds)
• Vikima Seed

𝗕𝘂𝘆 𝘁𝗵𝗲 𝗟𝗮𝘁𝗲𝘀𝘁 𝗩𝗲𝗿𝘀𝗶𝗼𝗻 𝗼𝗳 𝘁𝗵𝗲 𝗥𝗲𝗽𝗼𝗿𝘁 𝗔𝘃𝗮𝗶𝗹𝗮𝗯𝗹𝗲 𝗡𝗼𝘄 @ https://www.polarismarketresearch.com/buy/3739/2

Regional Insights

According to geographic research, in 2023, Asia Pacific dominated the market with the largest share. Due to its diverse range of climates, which span from tropical to temperate, the Asia-Pacific region is ideal for growing a wide range of vegetables. Moreover, the growing demand for vegetables in Canada, the US, and Mexico has propelled the vegetable seeds market. The US market is also benefiting from the country's increasing demand for hybrid sweet pepper, lettuce, and tomato seeds.

Segmental Outlook
Polaris Market Research has segmented the vegetables seeds market report based on type, family type, breeding technology, cultivation method, and region:
Vegetables Seeds, Type Outlook (Revenue - USD Billion, 2019 - 2032)
• Tomato
• Broccoli
• Cabbage
• Sweet Pepper
• Lettuce
• Watermelon
• Onion
• Melon
• Chinese Cabbage
• Hot Pepper
• Carrot
• Sweet Corn
• Eggplant
• Okra
Vegetables Seeds, Family Type Outlook (Revenue - USD Billion, 2019 - 2032)
• Solanaceae
• Root & Bulb
• Cucurbit
• Brassica
• Leafy
• Others
Vegetables Seeds, Breeding Technology Outlook (Revenue - USD Billion, 2019 - 2032)
• Hybrids
• Open Pollinated Varieties
• Hybrid Derivatives
Vegetables Seeds, Cultivation Method Outlook (Revenue - USD Billion, 2019 - 2032)
• Open Field
• Protected Cultivation

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐭𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐓𝐚𝐛𝐥𝐞 𝐨𝐟 𝐂𝐨𝐧𝐭𝐞𝐧𝐭𝐬 @ https://www.polarismarketresearch.com/industry-analysis/vegetable-seeds-market

Vegetables Seeds Market Report Highlights
• The tomato segment is expected to witness the fastest CAGR during the forecast period, as it is widely consumed globally and is a staple ingredient in various cuisines. The high demand for tomatoes in salads, sauces, and other food products contributes to the growth of the tomato seed market.
• In 2023, the open-pollinated varieties accounted for the largest market share. Open-pollinated plants rely on natural pollination methods, such as wind or insects, due to the exchange of genetic material between different plants. This natural pollination contributes to the genetic variability of open-pollinated varieties.
• In 2023, Asia-Pacific dominated the largest market share due to the growing population across the globe and the demand for vegetables increasing worldwide; countries like India and China are the most highlighted countries in growing fruits and vegetables

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This release was published on openPR.