Global Vegetable Seed Market Size, Share, Growth Analysis, By Type(Open Pollinated Varieties, and Hybrid), By Crop type(Solanaceae, Root & Bulb) - Industry Forecast 2024-2031

Report ID: SQMIG20H2028 | Region: Global | Published Date: March, 2024
Pages: 202 | Tables: 65 | Figures: 80

Global Vegetable Seed Market News

In March 2023, Rijk Zwaan announced the launch of its new vegetable seed brand, Rijk Zwaan Next Generation. Rijk Zwaan Next Generation is a portfolio of vegetable seeds that are designed to meet the needs of growers in the 21st century.

In April 2023, Takii Seed announced the launch of its new vegetable seed brand, Takii Future. Takii Future is a portfolio of high-yielding and disease-resistant vegetable seeds that are designed for the future.

In May 2023, Bayer CropScience announced the acquisition of De Ruiter Seeds. De Ruiter Seeds is a leading provider of vegetable seeds in Europe. The acquisition will help Bayer CropScience to expand its vegetable seed business in Europe.

In July 2023, Syngenta announced the launch of its new vegetable seed brand, Nuseed. Nuseed is a portfolio of high-performing vegetable seeds that are designed to meet the needs of growers around the world.

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Global Vegetable Seed Market size was valued at USD 5.90 billion in 2022 and is poised to grow from USD 6.18 billion in 2023 to USD 9 billion by 2031, growing at a CAGR of 4.8% during the forecast period (2024-2031).

The global vegetable seed market boasts a competitive landscape with numerous key players striving for market dominance. Prominent seed companies such as Bayer Crop Science, Syngenta AG, BASF SE, and Corteva Agriscience are prominent contenders, leveraging their extensive research and development capabilities to introduce innovative and genetically improved vegetable seed varieties. Additionally, regional players like Advanta Seeds and Sakata Seed Corporation have significant market presence in specific geographic regions. Collaborations, partnerships, and acquisitions are common strategies employed by these companies to enhance their product portfolios and expand their global reach. The market is driven by increasing demand for high-quality and disease-resistant vegetable seeds, alongside a rising emphasis on sustainable agriculture. Breeders and seed producers are focusing on developing seeds with improved yield potential, nutritional value, and climate adaptability to meet the evolving needs of the agriculture industry and the growing global population. 'Bayer - USA', 'Syngenta AG - Switzerland', 'BASF SE - Germany', 'Limagrain - France', 'DuPont (Pioneer Hi-Bred International) - USA', 'Advanta Seeds (UPL Limited) - India', 'Sakata Seed Corporation - Japan', 'Takii & Co., Ltd. - Japan', 'Bejo Zaden B.V. - Netherlands', 'Enza Zaden - Netherlands', 'Rijk Zwaan - Netherlands', 'Clause Group - France', 'East-West Seed - Thailand', 'Nunhems - Germany', 'Hazera Seeds - Israel', 'Vilmorin & Cie - France', 'Seminis - USA', 'Harris Moran - USA', 'Johnny's Selected Seeds - USA', 'Sakata Seed America - USA', 'Zeraim Gedera - Israel', 'PanAmerican Seed - USA', 'Terra Organics - Italy', 'Asia Seed Co., Ltd. - South Korea', 'Bhutan Seed Corporation – Bhutan'

The global trends toward healthier eating habits and increased awareness of the nutritional benefits of vegetables have driven a higher demand for vegetable seeds. Consumers are seeking more plant-based diets, and this has led to greater demand for a variety of vegetables, encouraging the growth of the vegetable seed market.

Rise in Demand for Organic and Non-GMO Seeds: There is a growing consumer preference for organic and non-genetically modified organism (GMO) products. This trend has extended to the vegetable seed market, where consumers are seeking seeds that align with their values of sustainability and health. As a result, there is an increasing demand for organic and non-GMO vegetable seeds. Seed companies are responding by expanding their offerings of certified organic and non-GMO seeds, and agricultural practices that promote organic farming are gaining traction.

The global vegetable seed market is analyzed based on its regional presence, which includes North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. North America is a dominant region in the Global Vegetable Seed Market. The region's strong agricultural industry, advanced technology adoption, and diverse consumer preferences for various vegetables contribute to its dominance. Additionally, North America has a well-established seed industry with research and development initiatives focused on producing high-quality and genetically improved vegetable seeds.

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Global Vegetable Seed Market Size, Share, Growth Analysis, By Type(Open Pollinated Varieties, and Hybrid), By Crop type(Solanaceae, Root & Bulb) - Industry Forecast 2024-2031

Global Vegetable Seed Market News

Global Vegetable Seed Market Report Snapshots

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