Dublin, April 24, 2024 (GLOBE NEWSWIRE) -- The "Global Vegetable Seeds Market, Size, Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Top Companies Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Vegetable Seeds Market is expected to be valued at US$ 11.78 Billion by 2030 from $7.55 billion in 2023, growing at a CAGR of 6.56%
Demand for veggies has multiplied as more people seek to fulfill their dietary and nutrient wishes. Consequently, international farmers increasingly request high-quality planting seeds to satisfy the rising demand for vegetables. The growing health focus drives the demand for diverse options, propelling the vegetable seeds market. As healthful eating tendencies gain momentum, customers prioritize nutritional benefits, fueling interest in numerous veggies.
This surge prompts a desire for various seeds, such as heirlooms and particular types. Unique seeds promising fitness benefits or wonderful flavors are prominent by both home and industrial growers. Producers reply with improvements, enhancing crop nutrition and taste. This trend fuels market diversity, meeting evolving purchaser options. Healthy consumption catalyzes innovation, fostering a vibrant vegetable seeds market tailored to health-conscious people.
Besides, seed technology innovations, including hybridization and genetically modified seeds, force growth in the vegetable seeds market. Genetically modified seeds enhance crop yields and cultivate advanced variants, decreasing greenhouse gas emissions. Despite constraints like diminishing arable land and the need for better production, genetically modified technology remains crucial for attaining sturdy yields in vegetable seeds. These advancements function as effective alternatives to chemical remedies, contributing considerably to the global vegetable seeds market's increased trajectory.
Also, global trade and export possibilities drive demand in the vegetable seed market by facilitating the exchange of diverse seed varieties tailor-made to exclusive climates and growing conditions. Exporting nations prioritize innovation, specializing in sickness resistance, high yield, and environmental adaptability.
International exchange also promotes the adoption of advanced agricultural technology and practices, influencing the uptake of present-day seed varieties. Seed manufacturers spend money on research and development to satisfy the particular needs of various areas, fostering economic boom and enhancing agricultural productivity internationally. This global interdependence underscores the vegetable seeds market's evolution towards cutting-edge seed technology, benefiting exporting nations and agriculture globally.
Vegetable seed sales in Asia Pacific's rising economies are poised for a quick increase. This is because of a flourishing agriculture sector, rising attention about the advantages of vegetable consumption, and a booming population driving elevated production needs. The surging demand for organic foods has considerably raised vegetable consumption in international locations like India and China, mainly due to improved vegetable seed planting. This trend offers excellent opportunities for vegetable seed industry players in the foreseeable future.
Open-pollinated varieties are expected to dominate a significant share of the vegetable seeds market
Due to their acceptable developments, open-pollinated varieties are predicted to hold an extensive proportion of the global vegetable seeds market. These seeds offer genetic diversity, adaptability, and the ability to breed true to type. They cater to the growing demand for sustainable agriculture and organic farming practices, aligning with customer options for natural and non-genetically modified produce. Also, open-pollinated varieties empower farmers by letting them store seeds for future plantings, decreasing dependency on seed providers.
Solanaceae may have a noteworthy portion of the worldwide vegetable seeds market
Solanaceae might command a substantial share of the global vegetable seeds market. This is because of the financial importance and recognition of its member crops. The Solanaceae plant families consist of widely eaten vegetables such as tomatoes, peppers, and eggplants, which experience a high demand globally. Solanaceae crops' versatility and diverse applications in diverse cuisines contribute to their prominence, making them key players in the vegetable seeds market. The adaptability of Solanaceae species to distinct climates also solidifies their widespread vegetable seeds market proportion.
The vegetable seeds market relies heavily on open-field cultivation
Open-field cultivation represents a crucial portion of the vegetable seeds market due to its extensive adoption and versatility. This conventional farming approach permits huge-scale manufacturing across numerous climates and regions, accommodating a couple of vegetable crops. Open-field cultivation is desired for its cost-effectiveness, simplicity, and capability to provide high yields. Furthermore, it offers flexibility in crop rotation and control practices, making it a favored preference for many farmers and contributing to its tremendous share in the vegetable seeds market.
China could become a prominent player in the global market for vegetable seeds
China is poised to dominate the global vegetable seeds market. Its well-sized agricultural landscape and favorable climatic conditions allow for the considerable cultivation of numerous vegetable crops. China's huge population and growing urbanization also force tremendous vegetable demand, necessitating full-size seed production. The country's solid studies and development efforts in agriculture bolster its function, creating super, high-yielding seed types. Moreover, China's sturdy production skills and aggressive pricing contribute to its ability to cater to domestic and worldwide markets, solidifying its capability to display the lion's percentage in the vegetable seeds market.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 195 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $7.55 Billion |
| Forecasted Market Value (USD) by 2030 | $11.78 Billion |
| Compound Annual Growth Rate | 6.5% |
| Regions Covered | Global |
Company Analysis: Overview, Recent Developments, Revenue Analysis
- BASF A.G.
- Syngenta AG
- GroupeLimagrain
- Bayer AG
- Sakata Seed Corporation
- UPL Lmt.
- Gansu Dunhuang Seed Co., Ltd.
- JK Agri Genetics Ltd.
Type - Vegetable Seeds Market breakup in 2 viewpoints:
- Open Pollinated Vareities
- Hybrid
Crop Type - Vegetable Seeds Market breakup in 6 viewpoints:
- Solanaceae
- Root & Bulb
- Cucurbut
- Brassica
- Leafy
- Others
Cultivation Method - Vegetable Seeds Market breakup in 2 viewpoints:
- Protected
- Open Field
Country - Vegetable Seeds Market breakup of 25 Countries:
- North America
- United States
- Canada
- Europe
- France
- Germany
- Italy
- Spain
- United Kingdom
- Belgium
- Netherland
- Turkey
- Asia Pacific
- China
- Japan
- India
- South Korea
- Thailand
- Malaysia
- Indonesia
- Australia
- New Zealand
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
For more information about this report visit https://www.researchandmarkets.com/r/x8cbi2
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
