The fruit and vegetable seeds market offers numerous benefits, primarily in promoting global food security and sustainable agriculture. It encompasses various segments, with open-pollinated seeds being the dominating segment. Open-pollinated seeds allow farmers to save and replant seeds from their crops, ensuring crop diversity and reducing the need for constant repurchasing. Additionally, they offer genetic stability and adaptation to local conditions. These qualities make open-pollinated seeds the preferred choice for many farmers and contribute significantly to the market's growth.
According to Data Bridge Market Research, the Global Fruit and Vegetable Seeds Market was valued at USD 9.8 billion in 2021 and is expected to reach the value of USD 19.24 billion by 2029, at a CAGR of 8.80% during the forecast period of 2022 to 2029.
“Growing global population boosts the market’s growth”
The growing global population is a major driver for the fruit and vegetable seeds market. With the world's population continually increasing, there is a rising demand for food production to meet the dietary needs of billions. Fruit and vegetable seeds are crucial for agricultural productivity and food security. As more people require sustenance, the market experiences a heightened demand for quality seeds that can yield abundant and nutritious crops, making population growth a significant driving force behind this industry.
What restraints the growth of the global fruit and vegetable seeds market?
“Increase in the number of incidents involving counterfeit labels restraints the market’s growth”
The increase in the number of incidents involving counterfeit labels poses a significant restraint in the fruit and vegetable seeds market. Counterfeit seeds can lead to crop failures, financial losses for farmers, and diminished agricultural productivity. This not only impacts the industry's reputation but also raises concerns about food safety and quality. As a result, efforts to combat counterfeit labeling and ensure seed authenticity are essential to maintaining consumer trust and the market's overall growth.
Segmentation: Global Fruit and Vegetable Seeds Market
The global fruit and vegetable seeds market is segmented on the basis of type, trait, form, and farm type.
- On the basis of type, the global fruit and vegetable seeds market is segmented into brassica, cucurbit, leafy, root bulb, Solanaceae, and others.
- On the basis of trait, the global fruit and vegetable seeds market is segmented into G.M. and conventional.
- On the basis of form, the global fruit and vegetable seeds market is segmented into organic, and inorganic.
- On the basis of farm type, the global fruit and vegetable seeds market is segmented into indoor, and outdoor.
Regional Insights: Asia-Pacific dominates the Global Fruit and Vegetable Seeds Market
The Asia-Pacific region commands a significant share of the fruit and vegetable seeds market due to extensive vegetable cultivation in countries such as China and India. Factors fueling market growth include a burgeoning agriculture sector, rising awareness about the nutritional advantages of vegetables, and expanded acreage dedicated to horticultural crops. These dynamics collectively contribute to the region's prominence in the global market for fruit and vegetable seeds.
Europe is experiencing rapid growth in the fruit and vegetable seeds market, driven by advancements in breeding technologies that enhance the quality of vegetable seeds. These technologies enable the development of seeds with improved yield, disease resistance, and nutritional profiles, meeting the evolving demands of the agriculture industry and consumers. The region's commitment to innovation in seed development positions Europe as a key contributor to the industry's growth and evolution.
To know more about the study visit, https://www.databridgemarketresearch.com/ko/reports/global-fruit-and-vegetable-seeds-market
Recent Developments
- In March 2020, BASF SE entered into an agreement with Graines Voltz, a prominent French vegetable seeds distributor, to divest its HILD Samen business as part of BASF's Agricultural Solutions division. This move aimed to strengthen the company's presence in Europe, bolstering its foothold in the vegetable seed distribution market.
- In May 2019, BASF SE announced a collaboration with Rothamsted Research, a leading agricultural research center in the UK, to jointly address sustainable agriculture challenges, leveraging their combined expertise.
- In February 2020, Bayer AG partnered with Meiogenix, a French biotech company specializing in advanced breeding technologies, to accelerate the development of Meiogenix's proprietary plant breeding and genome technologies. This collaboration aimed to advance agricultural research and development efforts in the industry.
The Prominent Key Players Operating in the Global Fruit and Vegetable Seeds Market Include:
- DuPont. (U.S.)
- Monsanto Company (U.S.)
- Syngenta Crop Protection AG (Switzerland)
- Bayer AG (Germany)
- Land O'Lakes, Inc. (U.S.)
- DLF Seeds A/S (Denmark)
- Sakata Seed America. (U.S.)
- TAKII & CO.,LTD. (Japan)
- Adama Agricultural Solutions Ltd. (Israel)
- KWS SAAT SE & Co. KGaA (Germany)
- Rijk Zwaan Zaadteelt en Zaadhandel B.V. (Netherlands)
- VILMORIN & CIE (France)
Above are the key players covered in the report, to know about more and exhaustive list of global fruit and vegetable seeds market companies contact, https://www.databridgemarketresearch.com/ko/contact
Research Methodology: Global Fruit and Vegetable Seeds Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
