Top 10 Tomato Seed Companies in the World | IMARC Group

The tomato plant, scientifically known as Solanum lycopersicum, is a fruiting plant that is a member of the nightshade family. A tomato seed is essentially the reproductive unit of the tomato plant. The genetic material required to produce a new tomato plant is present in every tomato seed. The gelatinous pulp inside the tomato fruit encloses the normally tiny, flat, and slightly rounded tomato seeds.

Until the proper circumstances for germination are met, which are typically when the seed is in contact with soil and has enough moisture and temperature, this pulp acts as a growth inhibitor. Over the years, the increasing demand for food and risind need for high-quality yield has propelled the market for tomato seeds across the globe. According to estimates compiled by the FOOD AND AGRICULTURE ORGANIZATION (FAO), by 2050 the world will need to produce 60 per cent more food to feed a world population of 9.3 billion.

The global tomato seed market size reached US$ 1.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.1 Billion by 2032, exhibiting a growth rate (CAGR) of 5.6% during 2024-2032.

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List of Top Companies Operating in the Tomato Seed Industry:

1. BASF SE
2. Bayer AG
3. East West Seeds India Pvt. Ltd. (East West Seeds Group)
4. Groupe Limagrain Holding
5. Namdhari Seeds Pvt. Ltd.
6. Rijk Zwaan Zaadteelt en Zaadhandel B.V.
7. Sakata Seed Corporation
8. Syngenta AG (China National Chemical Corporation)
9. Takii & Co. Ltd.
10. UPL Limited

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Presently, major corporations are heavily investing in R&D to create high-yield, disease-resistant, and climate-tolerant tomato varieties. For instance, Bayer CropScience has been working on hybrid seeds that are more resistant to environmental stress and diseases, resulting in higher yields and quality. Besides, various leading companies are engaging in mergers and acquisitions to expand their market reach and integrate new technologies. Syngenta, for example, has acquired numerous smaller seed companies to diversify its vegetable seed portfolio, which includes a variety of tomato seeds. This strategy enables them to enter new markets and gain access to new customer bases, increasing their overall market strength.

Additionally, companies are also expanding their product portfolios to include a variety of seeds that caters to different climatic conditions and farming practices. To cite an instance, Seminis, a subsidiary of Bayer, is offering a wide range of tomato seeds designed for open-field and protected cultivation, which allows them to serve a diverse customer base ranging from smallholder farmers to large agricultural enterprises. Furthermore, key players are undertaking sustainable initiatives to gain a competitive edge. In March 14, 2023, SYNGENTA AG announced the opening of "Shoots by Syngenta," which is a worldwide platform intended to foster innovation, address the most difficult problems facing agriculture, and promote more sustainable farming.

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This release was published on openPR.