According to the latest report by IMARC Group, titled “Vegetable Seed Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the global vegetable seed market share. The report also includes competitor and regional analysis, and contemporary advancements in the market.
According to the latest report by IMARC Group, titled “Vegetable Seed Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the global vegetable seed market demand.The report also includes competitor and regional analysis, and contemporary advancements in the market.
A vegetable seed is a small embryonic plant enclosed in a protective outer cover usually grown in gardens and on farms. It comprises an endosperm, embryo, and seed coat that form the nutritive tissue of the seed. Some commonly known seed-containing vegetables are tomato, melon, okra, eggplants, hot pepper, sweetcorn, peas, and pumpkins. These seeds possess large amounts of nutrients, proteins, and starch and are the most efficient means of multiplying vegetables and crops. As a result, vegetable seeds are widely used for producing varieties of vegetables across the globe.
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The market is primarily driven by the expanding food and beverage (F&B) industry. In addition, the growing health awareness after the sudden outbreak of the coronavirus (COVID-19) pandemic and the increasing preference for self-farming and organic food consumption is contributing to the market growth. Moreover, the introduction of organic vegetable seeds produced using biofertilizers, organic manure, and biopesticides represents another major growth-inducing factor. Besides this, the incorporation of gene-editing technology to meet the escalating demand for GMO vegetable seeds due to their benefits, such as increasing yield, minimized risk of crop spoilage, and disease resistance quality, is providing a positive thrust to the market growth. Furthermore, the increasing popularity of hybrid vegetable seeds, the widespread adoption of vegetable seeds in snacks and ready-to-eat (RTE) food items, and extensive research and development (R&D) activities conducted by key players are propelling the market growth.
Who Are The Key Players/Companies In The Global Vegetable Seed Market?
American Takii Inc., BASF SE, Bayer CropScience AG, Bejo Zaden BV, East-West Seed, Enza Zaden Beheer B.V., Groupe Limagrain, Namdhari Seeds Pvt. Ltd., Rijk Zwaan Zaadteelt En Zaadhandel BV, Sakata Seed Corporation, Syngenta AG (Cnac Saturn (Nl) B.V.) and UPL Limited.
The report has been segmented the market into following categories:
Breakup by Type:
- Open Pollinated Varieties
Breakup by Crop Type:
- Root & Bulb
Breakup by Cultivation Method:
- Open Field
Breakup by Seed Type:
- Genetically Modified Seeds
- Asia Pacific
- North America
- Middle East and Africa
- Latin America
On the geographical front, Asia Pacific enjoys the leading position in the market. This can be attributed to the rising establishment of international companies in the region, on account of low manufacturing costs and cheap labor.
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