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AGRICULTURE & ALLIED ACTIVITIES

Vegetable Seeds Market Segmentation By Type (Solanaceae, Cucurbit, Root & Bulb, Brassica, Leafy & Others); By Application (Farmland, Greenhouse and Others) – Global Demand Analysis & Opportunity Outlook 2027

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Extensive insights into the Growth of Vegetable Seeds Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

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Market Overview

Vegetable seed is an embryonic plant which is enclosed in a protective outer covering. A seed is the product of the ripened ovule, after fertilization by pollen and some growth within the mother plant. These are used for the commercial production of vegetables.

Agriculture is an indispensable part of the human race and seed is a vital part of agriculture. Vegetable seed is the fastest growing category in the overall seeds market. At present, in the vegetable seeds market, there is disorderly competition and other issues which would get solved with time. World population is 7.7 billion and it is growing at 1.07% per year which is increasing the growth prospects of the vegetable seeds, as the population increases the rate of consumption will also increase. The vegetable seeds market is a growing market due to the increasing awareness about the contribution of vegetables in a healthy diet.

Market Size and Forecast

With the rise in the world population, there is a rise in the demand for vegetables as they are one of the major sources of nutrients. Rise in the world population is expected to boost the growth of the vegetable seeds market. Increasing awareness regarding the consumption of vegetables, to meet dietary and nutritional needs has caused a rise in demand for vegetables. Shift in eating habits is expected to boost the growth of the market. The major players in the vegetable seed market are merging with and acquiring other players of the market to gain the competitive edge in the market. Besides this, the companies are also doing collaborative projects with their competitor companies.

The vegetable seeds market is anticipated to record a CAGR of around 10% during the forecast period i.e. 2019-2027. The market is segmented by type & application. By type, the solanaceae segment is anticipated to have leading growth on account of being the largest group of vegetable seeds that consists of tomato, pepper and eggplant. CLICK TO DOWNLOAD FREE SAMPLE REPORT

Vegetable Seeds market share Graph

Growth Drivers

Rising population

With the rise in the world population, there is a rise in the demand for vegetables as they are one of the major sources of nutrients. Rise in the world population is expected to boost the growth of the vegetable seeds market.

Expanding population adopting farming

It has been observed that there is a rise in the number of people adopting farming activities. The rise in the farming population is expected to boost the growth of the vegetable seeds market.

Wide application of vegetables across various segments of food industries

Wide application of vegetables across various segments of food industries such as food processing, food service, baking and others is increasing the demand for vegetables across the world. Wide application of vegetables across various segments of food industries is expected to boost the market growth.

Shift in eating habits

Increasing awareness regarding the consumption of vegetables, to meet dietary and nutritional needs has caused a rise in demand for vegetables. Shift in eating habits is expected to boost the growth of the market.

Restraints                                                

Perishable nature of seeds

The seeds are perishable in nature i.e. they have a short life and cannot be stored for long period of time which will hamper the growth of the vegetable seeds market.

Presence of spurious seeds

Spurious seeds are the seeds that look like the original one but are not of the same origin or development and do not perform same function. Presence of spurious seeds will hinder the growth of the vegetable seeds market.

Segmentation

Our in-depth analysis of the vegetable seeds market includes the following segments:

By Type

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

By Application

  • Farmland
  • Greenhouse
  • Others

By Region

On the basis of regional analysis, the vegetable seeds market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.

North America is expected to lead the market on the back of presence of the top 10 players in this region such as Monsanto, Syngenta, Bayer Crop Science, Limagrain etc. Asia- Pacific is expected to show significant growth on the back of volume of seeds produced where China and India are the major contributors. Europe is expected to show significant growth on the back of its R & D expenditure for production of vegetable seeds.

On the basis of regional analysis, the vegetable seeds market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.

The vegetable seeds market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis.
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis

Top Featured Companies Dominating the Market

  • Monsanto
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
  • Syngenta International AG
  • Limagrain
  • Bayer Crop Science
  • Bejo
  • Rijk Zwaan
  • Sakata
  • Takii
  • Horticulture Seeds
  • Huasheng Seed

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