Vegetable Seeds Market Expand $13.65 Billion By 2032 CAGR 7.2%.

Vegetable Seeds Market Size Worth $13.65 Billion By 2032 | CAGR 7.2%


The global Vegetable Seeds market size is expected to reach USD 13.65 billion by 2032, according to a new study by Polaris Market Research. The report Vegetable Seeds Market Share, Size, Trends, Industry Analysis Report, By Type (Tomato, Broccoli, Cabbage, Sweet Pepper, Lettuce, Watermelon, Onion, Melon, Chinese Cabbage, Hot Pepper, Carrot, Sweet Corn, Eggplant, Okram and Others); By Family Type; By Breeding Technology; By Cultivation Method; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The main element propelling the worldwide vegetable seeds market's expansion is the rising demand for vegetables, which is being accompanied by population increase and a shift in dietary preferences toward fresh farm-grown goods. The demand for vegetables has increased due to a growing understanding of the benefits of consuming them to suit a variety of dietary and nutritional needs.

However, due to the widespread use of vegetable seeds in various regions, more businesses and governmental organizations are funding intensive research and development projects to assist farmers in achieving the highest crop production outcomes. The global vegetable seed market is expected to witness remarkable growth potential due to the expanding body of research on a variety of vegetable seeds and the development of hybrid or genetically modified seeds that can withstand climate change. For example, research is being conducted in the Philippines' agricultural sector to generate crop roots with improved insect resistance and higher-quality genetic features.

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Vegetables are one of the main sources of nutrients; the growing global population has boosted the demand for vegetables. As a result, the market for vegetable seeds will expand at a quick pace. In a similar vein, the rising demand for vegetables due to increased knowledge of their importance in meeting dietary and nutritional requirements has also had an impact on the market for vegetable seeds. However, the market for vegetable seeds will increase more slowly due to laws governing the growing of genetically modified crops and different climates.

However, due to the fact that lockdown limitations do not apply to most agricultural processes, agriculture is one of the industries least affected by the COVID-19 epidemic. However, limitations on social events and freight issues led to unfavorable market conditions. Travel restrictions' principal cause of supply chain disruptions is the market's projected 2020 size reduction. Europe is the world's top exporter of vegetable seeds, with nations like the Netherlands, Denmark, Italy, and France shipping their products to all corners of the globe. Due to the new coronavirus outbreak, several nations implemented stringent lockdowns.

The market for vegetable seed is still underserved, particularly in developing countries like China and India, and it presents international companies with a wide range of expansion prospects as well as a substantial consumer base. Countries are beginning to embrace premium seeds as a result of the possibilities for vegetable seed export on the international market. In India, for example, the adoption of high-yielding varieties has increased due to the possibility of export.

Vegetables Seeds Market Report Highlights

  • The tomato segment is expected to witness the fastest CAGR during the forecast period, as it is widely consumed globally and is a staple ingredient in various cuisines. The high demand for tomatoes in salads, sauces, and other food products contributes to the growth of the tomato seed market.
  • In 2023, the open-pollinated varieties accounted for the largest market share. Open-pollinated plants rely on natural pollination methods, such as wind or insects, due to the exchange of genetic material between different plants. This natural pollination contributes to the genetic variability of open-pollinated varieties.
  • In 2023, Asia-Pacific dominated the largest market share due to the growing population across the globe and the demand for vegetables increasing worldwide; countries like India and China are the most highlighted countries in growing fruits and vegetables. 
  • The global key market players include Longping High-Tech, Sakata Seed Corporation, BASF SE, Bayer AG, Takii & Co Ltd, Syngenta Group, KWS SAAT SE, Cortiva Agriscience, Groupe Limagrain, UPL (Advanta Seeds), DLF, Mahyo, Enza Zaden, FMC Corporation, Vikima Seed and others.

Polaris Market Research has segmented the vegetables seeds market report based on type, family type, breeding technology, cultivation method, and region:

Vegetables Seeds, Type Outlook (Revenue - USD Billion, 2019 - 2032)

  • Tomato
  • Broccoli
  • Cabbage
  • Sweet Pepper
  • Lettuce
  • Watermelon
  • Onion
  • Melon
  • Chinese Cabbage
  • Hot Pepper
  • Carrot
  • Sweet Corn
  • Eggplant
  • Okra

Vegetables Seeds, Family Type Outlook (Revenue - USD Billion, 2019 - 2032)

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

Vegetables Seeds, Breeding Technology Outlook (Revenue - USD Billion, 2019 - 2032)

  • Hybrids
  • Open Pollinated Varieties
  • Hybrid Derivatives

Vegetables Seeds, Cultivation Method Outlook (Revenue - USD Billion, 2019 - 2032)

  • Open Field
  • Protected Cultivation

Vegetables Seeds, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Vegetable Seeds Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 7.85 billion

Revenue forecast in 2032

USD 13.65 billion

CAGR

7.2% from 2024 – 2032

Base year

2023

Historical data

2019 – 2022

Forecast period

2024– 2032

Quantitative units

Revenue in USD billion and CAGR from 2024 to 2032

Segments Covered

By Type and By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Customization

Report customization as per your requirements with respect to countries, region, and segmentation.

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