Organic Seed Market worth over $5.4 Billion by 2024
Organic Seed Market size is estimated to surpass USD 5.4 billion by 2024; according to a new research report by Global Market Insights, Inc.
Non-synthetic food products have better taste, higher antioxidant characteristics and more nutritional value. Upsurge of food & beverage industry due to changing consumer buying behavior especially in U.S., China, Germany, India, Malaysia and Indonesia will fuel the organic seed market demand.
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Organic farming does not utilize harmful chemical fertilizers, pesticides, herbicides and insecticides while farming. Seed crops are sown for a longer time than food crops. In order to, collect seeds, plants must complete its entire life cycle, with additional time required for drying and curing the seeds. Supportive government regulatory norms encouraging chemical free farming during production of these will propel growth.
Organic seed market for vegetables will generate over USD 1.8 billion in sales by 2024. Easy digestion, more nutritional value and anti-oxidant properties are encouraging the product consumption. These vegetables are ideally grown in rain-fed, no or low external input use regions or areas.
Fruits & nuts are set to witness over 13% growth up to 2024. Local producers will play an increasingly important role in easy availability of product ensuing higher penetration. Private and public investments in natural breeding of plants and other natural seed research have increased by USD 22 million in the timeframe of last five years.
Browse key industry insights spread across 120 pages with 87 market data tables & 7 figures & charts from the report, “Organic Seed Market”:
Key insights from the report include:
•Retailers is estimated to foreseen highest growth rate over 13.5% by 2024. Wholesalers buy seeds from farmers in huge quantities, stock in warehouses and resell them to retailers. Organic seed distribution from wholesalers will generate revenue over USD 3 billion by 2024.
•Upsurge in demand for non-synthetic foods & beverages particularly in the emerging countries coupled owing to increased disposable income has improvised distribution channel. Government involvement in supply chain system through various organizations, association, cooperatives and agencies will encourage organic seed market growth.
•U.S. organic seed market for crops was worth more than USD 460 million in 2015. Favorable government regulations for non-synthetic farming and consumer awareness pertaining to health effects will drive the regional demand.
•Shifting trends for consuming natural foods particularly in APAC is supporting product growth. Advanced farming technology with better supply chain management in Germany, France, UK and Italy will favor the overall Europe product market growth.
•China organic seed market size is estimated to witness over 13% growth up to 2024. Increase in disposable income accompanied by inclination towards consuming natural foods are the factors driving industry trends. The natural food industry is continuing to grow, with its sales over USD 39 billion in 2015. Supportive government regulatory norms and increasing health awareness mostly in China and India will propel the product growth.
•Global organic seed market share is highly competitive in nature due to presence of various local and regional manufacturers. Some of the key industry participants are Southern Exposure Seed Exchange, Wild Garden, Johnny’s Selected, Fedco, Rijk Zwaan, Seed Saver Exchange, De Bolster, HILD Samen, Vitalis, High Mowing and Fleuren. Other manufactures include, Wild Garden Seed, Mass Plant, Fleuren, Territorial Company, Baker Creek Heirloom, Arnica Kwekerij, and Renee’s Garden.
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Table of contents for Organic Seed Market is as given below:-
Chapter 1. Methodology and Scope
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Scope & assumptions
1.2. Data sources
Chapter 2. Executive Summary
2.1. Organic seeds market 3600 synopsis, 2013 –2024
2.1.1. Business trends
2.1.2. Crop trends
2.1.3. Distribution channel trends
2.1.4. Regional trends
Chapter 3. Organic Seeds Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Raw material analysis
3.3.2. Midstream analysis
3.3.3. Downstream analysis
3.3.4. Vendor matrix
18.104.22.168. Key manufacturers
22.214.171.124. Key suppliers
3.4. Global seeds industry analysis
3.4.1. Market overview
3.4.2. Recent trend in seeds market
3.4.3. Top 10 industry players
3.5. Technology & Innovation landscape
3.5.1. Current organic seeds production procedures overview
3.6. Regulatory landscape
3.7. Pricing trends
3.7.1. Cost structure analysis
126.96.36.199. North America
188.8.131.52. Latin America
3.8. Industry impact forces
3.8.1. Growth drivers
3.8.2. Industry pitfalls & challenges
3.9. Growth potential analysis
3.10. Porter's analysis
3.11. Competitive landscape, 2015
3.12. Strategy dashboard
3.13. PESTEL analysis
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About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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