The fruit and vegetable seeds market refers to the industry that involves the production, distribution, and sale of seeds specifically designed for growing various fruits and vegetables. The fruit and vegetable seeds market is driven by factors such as technological advancements, changing consumer preferences, and the need for sustainable agricultural practices. The market is highly competitive, with seed companies continually striving to develop innovative seed varieties that meet the evolving demands of farmers and consumers.
The global fruit and vegetable seeds market is anticipated to be worth $9.8 billion in 2020 and $14.4 billion by 2025, with an 8.2% CAGR from 2020 to 2025.
Asia Pacific is the fastest-growing market during the forecast period in the global fruit & vegetable seeds market
Asia Pacific is projected to account for the largest market size during the forecast period, owing to large-scale production of major vegetables such as tomatoes, potatoes, eggplants, and melons in countries such as China, India, South Korea, and Japan, among others. These countries serve as major exporters of fruits & vegetables to North America and the European Union. The region is also a host to some of the major seed producing companies such as UPL Corporation (Advanta Seeds) (India), Takii Seeds (Japan), and Sakata Seeds (Japan). These factors aid in driving the growth of the market during the forecast period.
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Key market players in the fruit & vegetable seeds market include BASF SE (Germany), Bayer AG (Germany), Syngenta Group (Switzerland), KWS SAAT SE (Germany), Corteva Agriscience (US), Sakata Seed Corporation (Japan), Groupe Limagrain (France), Takii & Co Ltd (Japan), UPL (Advanta Seeds) (India), DLF (Denmark), Mahyo (India), Longping Hitech (China), Enza Zaden (Netherlands), FMC Corporation (US), Vikima Seeds (Denmark), East-West Seeds (Thailand), RIJK ZWAAN ZAADTEELT EN ZAADHANDELBY (Netherlands), Stark Ayres (South Africa), Bejo Zaden BV (Netherlands), Tokita Sementi (Japan), Vina Seeds (Vietnam), Bioseed (India), Technisem (France), Simlaw Seeds (Kenya), and Mahinra Agri Business ( India).
Trends in the fruit and vegetable seeds market
- Growing Demand for Heirloom and Specialty Seeds: There is an increasing interest in heirloom and specialty seeds, which are open-pollinated varieties that have been passed down through generations. These seeds offer unique flavors, colors, and textures, and are sought after by consumers who value diversity and culinary experiences. Seed companies are expanding their offerings to include a wider range of heirloom and specialty seeds to cater to this demand.
- Focus on Nutritional Value and Functional Traits: Consumers are becoming more conscious of the nutritional value of their food. Seed companies are developing fruit and vegetable varieties with enhanced nutritional profiles, such as higher levels of antioxidants, vitamins, and minerals. Additionally, there is a growing interest in functional traits, such as fruits and vegetables with higher fiber content or specific health-promoting properties.
- Increased Adoption of Organic and Non-GMO Seeds: The demand for organic and non-GMO fruits and vegetables continues to rise. As a result, seed companies are expanding their organic and non-GMO seed offerings to meet this market demand. They are also working on breeding programs to develop new organic and non-GMO seed varieties that exhibit desirable traits without genetic modification.
- Focus on Sustainable and Resilient Varieties: With the increasing concerns about climate change and environmental sustainability, there is a growing emphasis on developing fruit and vegetable varieties that are resilient to changing climatic conditions, require fewer resources, and have lower environmental impacts. Drought-tolerant, heat-tolerant, and disease-resistant varieties are gaining popularity in the market.
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