HOME › Press Releases › Fruit & Vegetable Seeds Market worth 14.00 Billion USD by 2022
Fruit & Vegetable Seeds Market worth 14.00 Billion USD by 2022
The report "Fruit & Vegetable Seeds Market by Type (Brassica, Cucurbit, Leafy, Root-bulb, and Solanaceae), Trait (GM and Conventional), Form (Organic and Inorganic), Farm type (Indoor and Outdoor), and Region - Global Forecast to 2022", The global fruit & vegetable seeds market is projected to grow at a CAGR of 8.10% from 2016 and reach USD 14.00 Billion by 2022
Browse 64 market data tables and 48 figures spread through 134 pages and in-depth TOC on “Fruit & Vegetable Seeds Market by Type (Brassica, Cucurbit, Leafy, Root-bulb, and Solanaceae), Trait (GM and Conventional), Form (Organic and Inorganic), Farm type (Indoor and Outdoor), and Region - Global Forecast to 2022”
Early buyers will receive 10% customization on reports.
A rise in need for food for the growing population, and factors such as demand for nutritional food, environment friendliness, innovative production practices, new product offerings, and advent of modernization of agriculture has lead to the growth of the market for seed industry, globally. Fruit & vegetable seeds are used for high-quality crop yield for the increasing population and its growing food demand. Hence, fruit & vegetable seeds will be viewed as a business opportunity in the next six years. As a result, many multinational players have entered into the production of various types of fruit & vegetable seeds, which can be used for crops.
Significant growth expected in the Solanaceae segment
Solanaceae belongs to the family of the flowering plants. Solanaceae includes plants, such as potato, eggplants, pepper, tomato, belladonna, nightshade, and others. The growth in this family of fruit & vegetable seeds has resulted in the development of active field of research for farmers globally. Leafy fruit & vegetable seed are projected to be the fastest-growing types in the next six years.
The conventional seeds segment projected to be the fastest-growing market during the forecast period
The conventional trait segment dominated the fruit & vegetable seeds market in 2015; it is projected to grow at the highest CAGR from 2016 to 2022. As consumer demands and expectations from the food industry continue to evolve, the opportunities for conventional seeds is also increasing. The use of conventional seeds is on rise following bans imposed on GM seeds by the European countries.
With an increase in consumption of fruits & vegetables and growth in demand for tropical and exotic fruits & vegetables in the developing countries, globally; this segment is likely to witness a growth by 2022.
Increase in need for food demand, high investment in R&D, and change in farming practices key to success in the Asia-Pacific region
Asia-Pacific is one of the largest contributors to the global fruit & vegetable seeds due to an increase in the usage of fruit & vegetable seeds through advanced agricultural techniques and rise in need for food demand in the countries. India, China, and Indonesia constituted the largest country-level markets in the Asia-Pacific region in 2015. High market penetration by the leading fruit & vegetable seeds companies, for enhancing the agricultural growth and productivity are the main factors influencing the growth of the fruit & vegetable seeds market in Asia-Pacific.
This report includes a study of marketing and development strategies, along with the product portfolio of leading companies. These companies include Bayer CropScience (Germany), Syngenta AG (Switzerland), Monsanto (U.S), Groupe Limagrain (France), and Sakata Seed Corp (Japan); these are well-established and financially stable players that have been operating in the industry for several years. Other players include Advanta Limited (India), Takii & Co. Ltd. (Japan), Mahindra Agri (India), and Western Bio Vegetable Seed Pvt. Ltd. (India).
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India