The fruit and vegetable Seeds Market was worth USD 10.25 billion in 2021 and is estimated to be growing at a CAGR of 8.15%, to reach USD 15.17 billion by 2026.
Fruit & Vegetable Seeds are an important part of the seed industry and are expected to show even more potential in the coming years with the rise in demands for healthy fruits and vegetables. These seeds are used for a higher quality of crop yield to tackle the needs and demands of the growing population. Hence it is expected of companies in the agricultural industry to show more and more interest in this market in the coming years.
Fruit & Vegetable Seeds Market continues to build momentum with the rising demand for nutritional food, innovative production practices, new product offerings to fight pest incidences & improve yield, and for modernization of agriculture.
Fruit and Vegetable Seeds Market Drivers:
The diversified demand and specialized cultivation of food crops have acted as an opportunity for the market to show evident potential. Other major factors driving the growth of the Fruit & Vegetable Seeds Market include a growing market for genetically modified (GM) crops, an increase in the rate of seed replacement, and innovations in the mechanical inputs on farms. These factors have been responsible for the growth experienced by the market lately. Besides these, there are some challenges and restraints faced by the Fruit & Vegetable Seeds Market as well, which include regulations in the GM crops cultivation, variations in climatic conditions and the long duration of the R&D process of new plant biotechnology trait.
REPORT COVERAGE:
REPORT METRIC |
DETAILS |
Market Size Available |
2021 – 2026 |
Base Year |
2020 |
Forecast Period |
2022 - 2027 |
CAGR |
8.15% |
Segments Covered |
By Trait, Type, Form, Farm Type and Region |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
Bayer Cropscience AG, Syngenta AG, Monsanto Company, Advanta Limited, Groupe Limagrain, Takii & Co Ltd., Sakata Seed Corporation, Mahyco, Western Bio Vegetable Seeds Ltd., Mahindra Agri. |
Fruit & Vegetable Seeds Market - By Trait:
Genetically Modified
Fruit & Vegetable Seeds Market - By Type:
Fruit & Vegetable Seeds Market - By Form:
Fruit & Vegetable Seeds Market - By Farm Type:
Geographically, the Fruit & Vegetable Seeds Market is segmented under various regions namely
The Fruit & Vegetable Seeds market was dominated by Asia-Pacific, with an overall market share of over 35% globally. The Asia-pacific market was followed by Europe and North America. The increase in agricultural activities, as well as a rise in the demand for crop production, have driven the growth of the market in the Asia-Pacific region and are expected to continue.
Key Players:
Some of the major companies dominating the Fruit & Vegetable Seeds market include Bayer Cropscience AG, Syngenta AG, Monsanto Company, Advanta Limited, Groupe Limagrain, Takii & Co Ltd., Sakata Seed Corporation, Mahyco, Western Bio Vegetable Seeds Ltd., Mahindra Agri.
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