Global Fruits & Vegetable Seeds Market is predicted to reach USD 12.39 billion at a CAGR of 8.06% during the forecast period:
Market Research Future (MRFR) has published a cooked research report on the “Global Fruits & Vegetable Seeds Market” that contains information from 2023 to 2032. The Global Fruits & Vegetable Seeds Market is estimated to register a CAGR of 8.06% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the Global Fruits & Vegetable Seeds Market— Bayer AG, Syngenta Crop Protection AGGroupe Limagrain Holding, Sakata Seed Group, Advanta Limited, TAKII & CO LTD, Mahindra Group, Rijk Zwaan Zaadteelt En Zaadhandel B.V, Western Bio Vegetable Seeds Ltd, Maharastra Hybrid Seeds Company Private Limited, Corteva Agriscience, KWS SAAT SE & Co, DLF Seeds & Science, Invivo, Royal Barenbrug Group, Liquid Colours (Pty) Ltd, KALO, and IFC Solutions.
Fruits & Vegetable Seeds Highlights
Global Fruits & Vegetable Seeds Market is accounted to register a CAGR of 8.06% during the forecast period and is estimated to reach USD 12.39 Billion by 2032.
Fruits and vegetable seeds market refer to the small, mature reproductive units of plants that are used for cultivating various types of fruits and vegetables. These seeds contain the genetic information necessary for the growth and development of new plants. When planted under suitable conditions, these seeds germinate, and the resulting plants produce fruits and vegetables that are similar to the parent plants. Fruits and vegetable seeds are crucial components of agriculture and horticulture. They are selected based on factors such as crop variety, yield, disease resistance, and adaptability to specific climates. High-quality seeds are essential for ensuring healthy plant growth, maximizing yield, and maintaining the desired characteristics of the crops. Farmers, gardeners, and agricultural companies use these seeds to grow a diverse range of fruits and vegetables to meet both local and global food demand.
Segment Analysis
The Global Fruits & Vegetable Seeds Market has been segmented based on Type, Trait, Category
Based on the Type, the market is segmented into Brassica, Cucurbits, Solanaceae, Amaryllidaceous, Citrus Family, and Others. The Brassica category dominates the Fruits & Vegetable Seeds market due to its widespread cultivation of crops like cabbage, broccoli, and cauliflower, contributing to significant market demand.
Based on Trait, the market is segmented into Genetically Modified and Non-Genetically Modified. The Genetically Modified category dominates the Fruits & Vegetable Seeds market due to its potential to enhance crop traits, productivity, and resistance to pests and diseases, driving substantial market adoption.
Based on Category, the market is segmented into Organic and Conventional. The Organic category dominates the Fruits & Vegetable Seeds market due to increasing consumer demand for naturally grown produce and environmentally-friendly cultivation practices.
Regional Analysis
The Global Fruits & Vegetable Seeds Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Fruits & Vegetable Seeds Market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Fruits & Vegetable Seeds Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Global Fruits & Vegetable Seeds Market comprises of Middle East, Africa, and Latin America.
In 2022, the Asia-Pacific Fruits & Vegetable Seeds Market held the largest share (45.80%), benefitting from its diverse climatic conditions that accommodate a wide array of fruits and vegetables. The region's rich biodiversity further contributes to an assortment of unique agricultural varieties, often necessitating specialized seeds.
Following closely, the Europe Fruits & Vegetable Seeds market secures the second-largest market share. Renowned for substantial investment in agricultural R&D, the European Union has fostered advancements in biotechnology, genetic engineering, and plant breeding. This progress has yielded superior seed varieties with heightened attributes like disease resistance, increased yield, and enhanced nutritional value.
Predictions indicate that the North American Fruits & Vegetable Seeds Market will exhibit the fastest Compound Annual Growth Rate (CAGR) from 2023 to 2032. With substantial demand for vegetables in the United States, Canada, and Mexico, the vegetable gardening seed sector is spurred. Additionally, rising interest in hybrid tomato, lettuce, and sweet pepper seeds further propels market growth in the U.S.
Key Findings of the Study
- The Global Fruits & Vegetable Seeds Market is expected to reach USD 12.39 Billion by 2032, at a CAGR of 8.06% during the forecast period.
- The Asia-Pacific Fruits & Vegetable Seeds Market emerged as the dominant force, commanding a significant share (45.80%). The region's diverse climates, ranging from tropical to temperate, facilitate the cultivation of a wide variety of fruits and vegetables. The area's renowned biodiversity also translates into a rich array of distinct agricultural types, often necessitating specialized seeds.
- Based on the Type, the Market has been segmented into Brassica holding the largest market in 2023.
- Bayer AG, Syngenta Crop Protection AGGroupe Limagrain Holding, Sakata Seed Group, Advanta Limited, TAKII & CO LTD, Mahindra Group, Rijk Zwaan Zaadteelt En Zaadhandel B.V, Western Bio Vegetable Seeds Ltd, Maharastra Hybrid Seeds Company Private Limited, Corteva Agriscience, KWS SAAT SE & Co, DLF Seeds & Science, Invivo, Royal Barenbrug Group, Liquid Colours (Pty) Ltd, KALO, and IFC Solutions.
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Companies Covered | 15 |
Pages | 90 |
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