Vegetable Seed Market Size and Growth
The market size for vegetable seeds market amounted to US$7.55 billion in 2023, with projections indicating an increase to US$11.78 billion by 2030. This growth is anticipated at a compound annual growth rate (CAGR) of 6.56% between 2024 and 2030.
Expert Insights: Ask Analyst or Download Full Report with TOC and Figures:
A balanced diet rich in diverse vegetables is essential for overall health and combating obesity and eye problems. Non-starchy vegetables, such as lettuce and spinach, contribute to weight loss. Consequently, the demand for vegetables surges to meet diverse dietary needs. Farmers globally seek premium seeds for cultivation to address this demand, making vegetable seeds the third-largest segment in the seed industry.
Factors like rising food demand, innovative production techniques, product diversification, and agricultural modernization fuel the expansion of the vegetable seed market. Growth in health awareness among consumers and the food industry contributes to the rise of hybrid vegetable seed demand. With the global population increasing, there’s a surge in vegetable demand, prompting commercial seed growers to invest continually in production facilities emphasizing the quality and sustainability of hybrid vegetable seeds.
Rising private sector investments and growing demand for fresh vegetables propel the vegetable seed market. Advancements in seed technology and crop variety availability also drive market expansion. Additionally, favorable government policies are expected to boost market growth further.
Government Policy within Asia Pacific
In January 2023, the Indian Government sanctioned the Indian Seed Cooperative Society Limited (BBSSL). BBSSL promptly finalized its training and merged Primary Agricultural Credit Societies (PACS) into seed production. PACS-aided farmers produce certified seeds, which BBSSL brands and distributes worldwide, enhancing agricultural outreach.
In Sept 2023, the certification drive is a component of ongoing efforts by central authorities to revitalize the Chinese seed industry and enhance the competitiveness of Chinese seed products globally. The top legislature published the final amendment to the Seed Law in Dec 2021, taking effect in March 2022.
In Feb 2023, MAFRA unveiled the “Strategy to Foster the Green Bio-Industry” to boost the growth of Japan’s green bio sector. This initiative aims to elevate the value of the country’s agricultural and food industries’ value, foster domestic market expansion, boost exports, and nurture global unicorn companies.
North America Vegetable Seeds Market
Other Post You May Be Interested In
- Slot Inces: Link Situs Slot Gacor Starlight Princess 1000 Mudah Menang
- Slot Deposit 25 Bonus 25 Hari Ini Menang Hadiah Menarik
- naturecan-clas-capsules-90-caps
- Jelajahi Dunia Slot SixSixSiX Hacksaw: Temukan Favorit Anda Hari Ini!
- Koi Gate: Daftar dan Mainkan Tembak Ikan Seru Hari Ini
- Euro Cup Slot > Slot FUNKY GAMES Terbaru 2024
- Slot Pulsa: Situs Slot Pulsa Aman & Terpercaya
- Facebook Constantly Receives Investing News Headlines
- How To show Google Discovery Better Than Anyone Else
- Daftar Situs Terbaik: Bandar Judi Bola Mix Parlay yang Aman di 2024
- Experience Long-Lasting Vaping with Lost Mary BM6000
- How Are Telemedicine Platforms Changing Access to Medical Marijuana Cards?
- Baby Furniture Rentals
- Uncover the Thrilling World of A Leading Virtual Gaming Hub: First-Class Games , Enticing Bonuses , and a Trusted Platform for Players Across the Globe
- What is a Home Loan? A Comprehensive Guide to the Loan Process
- How Trade Fair and Exhibition Drive Industry Trends and Innovation
- Capture the Magic of Your Wedding with a Houston Photo Booth
- Top 10 Adventure Activities to Try in Thailand
- Scaling Your E-commerce Business: When to Transition from 3PL to Amazon FBA
- Elevate Your Heating System with Zhongshan Songyi’s Advanced Electric Boilers
- Top 5 unique places to visit in Hungary
- How Decide Rosewood Furniture
- Customize Water Flow: Diverter Valve for Spas
- What are the Different Materials Used in Plastic Water Tank Making Machine
- United States Proton Therapy Market Size Forecast Report 2022-2027
- Get Ready for the Seasons: Clean Up Your Lawn!
- Top 10 Best Things to Do in Dubai for First-Time Visitors
- Dining Room Furniture For Perfect For Lunch Parties
- Top 6 Advantages of Manual Chain Hoist
- How To Select Garden Furniture
- Patio Furniture – Is Easy To Like
- Video Game Market Size Forecast Report 2024-2032
- Leather Bedroom Furniture Generates A Bold Statement
- Mengapa Server Thailand Adalah Pilihan Ideal untuk Penggemar Slot
- Link Slot Via Pulsa Tanpa Potongan Resmi Terbaik
- Select From The Best Furniture Stores
- เรียนรู้วิธีการเล่นบาคาร่าอย่างมืออาชีพในเวลาอันรวดเร็ว
- Shipping Furniture Is Easier Than Buying
- Furniture Cleaning By Professional Cleaners
- Seo Elite – Web Page Optimizer
- Everything Have To Have To Will Need To Know Owning Outdoor Furniture
- How Attestation Services Simplify the Process of Studying Abroad
- The last word Information To Decaffeinated Tea
The North American seed market expands chiefly due to population growth, higher demand for animal feed, and increased need for commodities like vegetable oil. Biofuels also contribute to market growth. However, concerns over G.M. product safety, reduced international trade in vegetable and fruit seeds, and market consolidation restrain the industry’s growth.
The United States seeds market is heavily influenced by digital technology in agriculture. Farmers and food producers benefit from enhanced productivity with the increasing adoption of Internet of Things devices and analytics. The U.S. holds substantial market shares in meat substitutes and sports nutrition. Soybean production in 2021 reached a record 4.44 billion bushels, marking a 5.0% increase from 2020, reflecting growing demand for soybean seeds in the country, as reported by the USDA.
Canada is globally renowned for its leading role in producing, processing, and exporting high-quality seeds across various crops, contributing significantly to the economy and creating numerous jobs. The sector thrives on innovation, employing advanced technologies with substantial annual seed research and development investments. The Canadian Seed Trade Association forecasts a considerable increase in total research investment to $179 million by 2022, representing a 56 percent rise since 2012. In January 2023, AAFC established the industry-Government Technical Committee on Plant Breeding Innovation Transparency to enhance transparency regarding products of plant breeding innovation.
Global Vegetable Seeds Market Company News
BASF A.G., Syngenta AG, Groupe Limagrain, Bayer AG, Sakata Seeds Corporation, UPL Limited, Gansu Dunhuang Seeds Co. Ltd, and J.K. Agri Genetics Ltd are prominent seed companies.
March 2023, RijkZwaan launched RijkZwaan Next Generation, a vegetable seed brand designed specifically for today’s growers.
In April 2023, Takii Seeds unveiled Takii Future, a disease-resistant and high-yielding vegetable seed brand.
In July 2023, Syngenta introduced Nuseed, a global vegetable seed brand tailored to meet growers’ requirements.
Type – Market breakup in 2 viewpoints:
- Open Pollinated Varities
- Hybrid
Crop Type – Market breakup in 6 viewpoints:
- Solanaceae
- Root & Bulb
- Cucurbut
- Brassica
- Leafy
- Others
Cultivation Method – Market breakup in 2 viewpoints:
- Protected
- Open Field
Country – Market breakup of 25 Countries covered in the Report:
- North America
1.1 United States
1.2 Canada
- Europe
2.1 France
2.2 Germany
2.3 Italy
2.4 Spain
2.5 United Kingdom
2.6 Belgium
2.7 Netherland
2.8 Turkey
- Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 South Korea
3.5 Thailand
3.6 Malaysia
3.7 Indonesia
3.8 Australia
3.9 New Zealand
- Latin America
4.1 Brazil
4.2 Mexico
4.3 Argentina
- Middle East & Africa
5.1 Saudi Arabia
5.2 UAE
5.3 South Africa
Related Reports
Chia Seeds Market: https://www.renub.com/chia-seed-market-p.php
Tomato Seeds Market: https://www.renub.com/tomato-seeds-market-p.php
Hemp Seed Market: https://www.renub.com/hemp-seed-market-p.php
Specialty Fertilizers Market: https://www.renub.com/specialty-fertilizers-market-p.php
All the Key players have been covered from 3 Viewpoints:
- Overview
- Recent Development
- Revenue Analysis
Company Analysis:
- BASF A.G.
- Syngenta AG
- Groupe Limagrain
- Bayer AG
- Sakata Seeds Corporation
- UPL Lmt.
- Gansu Dunhuang Seeds Co., Ltd.
- JK Agri Genetics Ltd.
About the Company:
Renub Research is a Market Research and Information Analysis company with more than 15 years of experience in Research, Survey, and Consulting. Our research helps companies to take business decisions: on strategy, organization, operations, technology, mergers & acquisitions, etc. Till now we have published more than 9000 syndicated reports and worked on more than 750 custom research projects. Currently, we are supplying data to EMIS, Bloomberg, Thomson Reuters, etc. We support many blue-chip companies by providing them with findings and perspectives across a wide range of markets.