Product ID: SQMIG20H2028
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 Insights
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 is a dynamic and essential segment of the agriculture industry, driven by the demand for high-quality and diverse vegetable produce. Vegetable seeds are crucial inputs for agricultural production, enabling the cultivation of a wide range of crops such as tomatoes, peppers, cucumbers, carrots, and lettuce. The market's growth is fueled by various factors including population growth, changing dietary preferences, urbanization, and the need for sustainable food production. Key trends in the market include the increasing emphasis on improved seed genetics to enhance crop yield, quality, and resistance to pests and diseases. Biotechnology advancements have also led to the development of genetically modified (GM) vegetable seeds with traits like enhanced shelf life and nutrient content. The trend towards organic farming and sustainability has influenced the market, leading to a higher demand for organic and non-GMO vegetable seeds. Additionally, the market has seen a shift towards hybrid seeds, which often offer better yields and disease resistance.
US Vegetable Seed Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Vegetable Seed Market Report Snapshots
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