Organic Seed Market - Growth,Trends and Forecasts (2017 - 2022)

Reports And Markets Publish a New Market Research Report On –"Organic Seed Market - Growth,Trends and Forecasts (2017 - 2022)"

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The global organic seed market is projected to grow at a CAGR of 12.5% to reach a market value of $3.96 billion by 2021 from an estimated value of $2.20 billion currently. Increasing demand for organic food has been the pioneering reason for growing market potential for organic seeds.

Growing awareness regarding negative health impacts related to hazardous chemicals application in agriculture has paved the way for commercial adoption of organic agriculture system. Subsequently environmental and health concern over conventional agricultural practices are the key factors for the better adoption of organic seeds for organic cultivations around the globe.

The favorable regulatory frame works pertaining to organic farming mainly in developed regions of Europe and North America are also identified as the market drivers for organic seeds. High organic seed costs and supply-demand woes are anticipated to act as a major deterrent for market growth and development. Better value chain management through wide distribution channels would help the market players to tap the new and growing markets globally.

The market demand for organic seeds is classified on the basis of seed types and by region. By product type, the market is deciphered as field crop seeds, vegetable seeds, fruit and nuts etc. Accounting for 30% of growth revenue, vegetable seeds dominate the market share; they are also expected to project highest growth rate along with fruits and nuts during next five years. Other seed requirement include forages and pasture which also accounts for the highest cultivable acreages.

By geography, developed regions North America and Europe accounted for around half of the organic seed demand in the recent past. Led by United States, North America region dominates the organic seed market followed by Europe region. The dominance of developed regions is expected to continue over the forecast period owing to growing organic food demand in these regions. Asia-Pacific, on the other hand, is expected to witness highest growth rate mainly due to growing demand and favorable economy in countries like China, India, Japan and Australia.

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Global organic seed industry is characterized by intense competition owing to presence of numerous small and medium enterprises. Country and region specific organic seed producers operate abundantly throughout the value chain. Due to ample scope of growth and development especially in Asia-Pacific and South America, the threat of new entrants is high in the industry. Some of the major industry players identified here are- Vitalis Organic Seeds, Seeds of Change, Wild Garden Seeds, Fedco Seeds, Fleuren and Seed Savers Exchange etc.

Key Deliverables in the Study

Market analysis for the Global Organic Seed Market, with region specific assessments and competition analysis on global and regional scales

Market definition along with the identification of key drivers and restraints

Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale

Extensively researched competitive landscape section with profiles of major companies along with their market shares

Identification and analysis of the macro and micro factors that affect the Global Organic Seed Market on both global and regional scales

A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information

A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market

Insights on the major countries/regions in which this industry is blooming and to identify the regions that are still untapped

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