Global Vegetable Seeds Market Share Is Likely To Reach At A CAGR Value Of Around 10.31% By 2028

15-Sep-2022 | Facts and Factors

According to Facts and Factors, the global vegetable seeds market size was worth around USD 8.6 billion in 2021 and is predicted to grow to around USD 14.45 billion by 2028 with a compound annual growth rate (CAGR) of roughly 10.31% between 2022 and 2028.

Vegetables are an extremely common part of human diets and are consumed by animals as well. Vegetable seeds are the embryonic form of a vegetable that grows on a farm, either in open space or under protected conditions, and are used to cultivate the vegetable they are a part of. Healthy vegetable seeds are an important part of nutritious cultivation which in turn impacts the health of the consumer. With the growing demand for food propelled by the rising population, many regional authorities are investing heavily in the vegetation and agricultural sector to cope with the rising food requirement. In the current modernized world, vegetation is also commercialized as other segments, since it does not involve only farmers on individual levels that contribute to the production of vegetable seeds but also large and multinational firms who incorporate advanced technologies to grow vegetables seeds or vegetables on the whole. The global vegetable seeds market is full of seeds that are created naturally from vegetables or can also be genetically modified, that are manufactured in laboratories under controlled conditions.

Browse the full “Vegetable Seeds Market Size, Share, Growth Analysis Report By Crop Type (Root & Bulb, Solanaceae, Brassica, Leafy, Cucurbit, and Others), By Cultivation Method (Open Field, and Protected), By Type (Hybrid, and Open-Pollinated), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028" report at https://www.fnfresearch.com/vegetable-seeds-market

Covid-19 had a mild impact on the global market cap size which was majorly due to the transport restrictions however, the demand for the seeds remained as they were a part of the essential segment and the sales remained majorly unaffected.

The global vegetable seeds market is projected to generate high revenue owing to the increasing commercialization of the vegetable sector. Earlier, agricultural and vegetation export or import was largely restricted and under the control of the regional government. However, due to the increasing number of private players and the huge investments they bring along, vegetable seeds are now produced in huge amounts and exported globally. This has allowed consumers to have access to exotic or foreign vegetables that do not grow locally due to environmental factors. The global market cap is also projected to grow owing to the increasing use of technology to create hybrid or genetically modified seeds that can withstand the changing environment and external conditions while also becoming more disease-resistant, which is a major cause of loss in vegetable cultivation.

Concerns over the chemical exposure of seeds may restrict the global market expansion while the government's initiatives in encouraging agricultural outputs are anticipated to provide growth opportunities. A growing number of processed food consumers may challenge global market size expansion.

The global vegetable seeds market is segmented based on crop type, type, cultivation method, and region.

Based on crop type, the global market segments are root & bulbs, Solanaceae, brassica, leafy, cucurbit, and others. The Solanaceae family consists of food items like eggplant, tomatoes, pepper, and potatoes amongst others that are one of the most common forms of vegetables consumed. Tomatoes have a high adoption rate owing to their high replacement rate which is around 99.29%

Based on type, the global market is divided into hybrid and open-pollinated, which also leads segmental growth as pollination is a free-flowing process and cannot be controlled, unlike the hybrid type. Common hybrid seeds are cauliflower, corn, carrots, and celery. In 2020, the US cultivated over 14.2 billion bushels, which is related to corn farming.

Based on cultivation methods, the global market is divided into open fields and protected. Currently, the market is dominated by the open fields segment since not all crops can be grown in a protected environment due to associated costs, however, investments in protected cultivation methods are increasing significantly. In January 2019, around 496,800 hectares of land globally were used for greenhouse vegetables.

Asia-Pacific is projected to generate the highest revenue in the global vegetable seeds market owing to the rising efforts undertaken by the Indian and Chinese governments to become dominating regions in terms of agricultural products. The growth is also propelled by the rising regional demand for food products as a consequence of the growing population. A general shift in consumer preference can be observed in the growing economies over a high preference for maintaining a healthy form of diet.

The market in North America is projected to be governed by the rising number of players in the vegetable seeds segment, especially genetically modified seeds along with the strategies adopted to become global leaders. In Latin America, Brazil is projected to contribute to regional growth owing to the increasing incorporation of vegetables in regular diets which may also be aided by the growing seed exports witnessed in Chile, Peru, and others.

Report Scope

The global vegetable seeds market is led by players including East-West Seed, Sakata Seed Corporation, Bejo Zaden B.V., Syngenta, BASF SE, Rijk Zwaan Zaadteelt en Zaadhandel B.V., and Groupe Limagrain

Recent Developments:

• In April 2020, Vanguard Seed, a US-based lettuce seed company was acquired by Sakata Seed America, a subsidiary of global giant Sakata Seed Corporation. The move is projected to help Sakata introduce new and modified varieties of lettuce in the regional market
• In January 2021, Bayer showcased a new variety of vegetable seeds at Pragati Diwas, an event held in the city of Bangalore, India. The seeds are named SVHA 9093, Anshuman, Himaguri, and Bazlet.

The global vegetable seeds market is segmented as follows:

By Crop Type

• Root & Bulb
• Solanaceae
• Brassica
• Leafy
• Cucurbit
• Others

By Cultivation Method

• Open Field
• Protected

By Type

• Hybrid
• Open-Pollinated

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic Countries
    • Denmark
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America

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