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Vegetable Seeds Market Report 2024: Size, Share, Growth Rate And Industry Analysis Till 2033

Vegetable Seeds Market Report

Vegetable Seeds Market Report

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Vegetable Seeds Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $18.48 billion In 2028 At A CAGR Of 11.0% :

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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Vegetable Seeds Market Major Segments
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

Key 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.

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Prominent Trend - Expanding The Horizon Of Organic Vegetable Seeds

Organic vegetable seeds have emerged as a key trend gaining popularity in the vegetable seeds market. The vegetable seed manufacturers are introducing organic vegetable seeds in their product offerings to meet the growing demand for organic food. For instance, in October 2021, Bayer AG, a German-based pharmaceutical and life sciences company, announced that under the new vegetable Bayer label, it would expand its vegetable seed offerings to include organically produced seeds. The launch will focus on certified organic production of three important greenhouse and glasshouse commodities of tomato, sweet pepper, and cucumber. The new products will be available in early 2022, with a focus on the high-growth organic markets of Canada, the United States, Mexico, Spain, and Italy, with future expansion contingent on market demand.

Vegetable Seeds Market Players
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.

View The Full Report Here - https://www.thebusinessresearchcompany.com/report/vegetable-seeds-global-market-report

Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the vegetable seeds market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vegetable seeds market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Vegetable Seeds Market Report Structure
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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