The global Vegetable Seeds Market size was evaluated at $8.6 billion in 2021 and is slated to hit USD 14.5 billion by the end of 2028 with a CAGR of nearly 10.35% between 2022 and 2028. The analysis explores the worldwide vegetable seeds market’s drivers, restraints/challenges, and impact on demand over the forecast period. Furthermore, the report investigates potential opportunities in the vegetable seed market.
Vegetable Seeds Market: Overview
A seed is an immature plant with an outer shell and an interior food reserve. In seed-producing plants, seed development signifies reproduction. Vegetable seeds are crop seeds or embryos that can be cultivated in agricultural fields or gardens and then sold on the market as herbs or vegetable seeds. Beans, peas, cabbage, carrots, peppers, and other legumes are examples of vegetable seeds. Because they take fewer resources to produce, vegetable seeds are becoming increasingly popular on the global market.
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Acres of land, a consistent supply of water, and heavy machineries such as a tractor-trailer, ripper machines, disc harrows, and other equipment are frequently required for any agricultural enterprise to produce crops in sufficient quantity and quality. Crop production is costly since it requires a significant amount of resources and man-hours on a continuous basis. They require little area and can be grown in gardens outside the farmers’ homes. They require very little water and do not necessitate the use of truckloads of other resources, which is why they are gaining popularity among people who do not have the financial or non-financial resources to invest in large agricultural projects but can invest in these less time and resource-intensive projects.
Market Segmentation for Vegetable Seeds
The global vegetable seeds market is divided into four sections: form, kind, characteristics, crop type, growing method, and region.
There are two sorts of hybrids on the global market: open-pollinated and hybrids. The open-pollinated segment presently dominates the global market due to the variety supplied by the seed. Yet, if research efforts are increased, hybrid seeds might provide significant money. By 2026, the global hybrid seed market is expected to be worth USD 62.3 billion.
Based on form, the global market is divided into organic and inorganic sectors. Because of the growing organic food culture, the organic category is expected to grow significantly over the forecast period. The worldwide organic food industry is predicted to grow at a CAGR of 13.9% to USD 437 billion by 2028.
The global market is divided into four groups based on crop type: roots and bulbs, Solanaceae, cucurbit, leafy, brassica, and others. Tomato, eggplant, potato, and pepper seeds from the Solanaceae family are in high demand globally. Tomato hybrid seeds are growing in popularity. The high seed replacement rate of 99.32% also adds to rising tomato demand.
Vegetable Seeds Market: Competitive Analysis
The global vegetable seed market is dominated by players like Bayer CropScience Ltd, Takii Co., Ltd, Enza Zaden, Rijk Zwaan Zaadteelt en Zaadhandel B.V, Mahyco Private Limited, K Agri Genetics Limited, East-West Seed Company Ltd, Bejo Zaden BV, VNR Seeds, and Syngenta AG
The global vegetable seed market is segmented as follows:
By Form
Organic
Inorganic
By Type
Hybrids
Open-Pollinated
By Traits
Conventional
Genetically Modified
By Crop Type
Roots And Bulb
Solanaceae
Cucurbit
Leafy
Brassica
Others
By Cultivation Method
Open Fields
Protected
By Region
North America
The U.S.
Canada
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