Asia-Pacific Fruit and Vegetable Seeds Market is estimated at USD 6.69 billion in 2021 and is expected to grow at a CAGR of 8.52%, to reach USD 7.55 billion by 2026. The market continues to gain momentum with the increasing demand for innovative production practices, nutritional food, new product offerings to avoid pest incidences & improve crop yield, and for modernization in agriculture.
Fruit & Vegetable Seeds are a significant part of the Asia-Pacific seeds industry and is predicted to show even higher potential in years to come, with the increase in demand for healthy vegetables and fruits. These seeds are generally used for high quality of crop yield, to tackle the demands and needs of the increasing population. Hence the companies in agricultural industry are expected to show even more interest in this market in the upcoming years.
Asia-Pacific Fruit and Vegetable Seeds Market Drivers:
The specialized cultivation of food crops and diversified demand have created an opportunity for the Asia-Pacific Fruit & Vegetable Seeds Market to show such high potential. Other key factors driving the market growth include, increase in rate of seed replacement, growing market for genetically modified (Gm) crops, and innovations in the mechanical inputs on Farms. These factors have played a crucial role in the growth experienced by the market lately. Besides these, factors like, variations in climatic conditions, regulations in the Gm crops cultivation and the long duration of the R&D process of new plant biotechnology trait have hindered Asia-Pacific Fruit & Vegetable Seeds Market growth.
Asia-Pacific Fruit & Vegetable Seeds Market - By Trait:
Genetically Modified (GM)
Asia-Pacific Fruit & Vegetable Seeds Market - By Type:
Asia-Pacific Fruit & Vegetable Seeds Market - By Form:
Asia-Pacific Fruit & Vegetable Seeds Market - By Farm Type:
On the basis of geography, the Asia-Pacific Fruit & Vegetable Seeds Market is segmented under various regions namely
Major Key Players:
Some of the major companies dominating the Asia-Pacific Fruit & Vegetable Seeds Market include Bayer Cropscience AG, Monsanto Company, Syngenta AG, Advanta Limited, Takii & Co Ltd., Groupe Limagrain, Sakata Seed Corporation, Western Bio Vegetable Seeds Ltd., Mahyco, Mahindra Agri.
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