Latin America Organic Seeds Market was worth USD 0.21 billion in 2021 and estimated to be growing at a CAGR of 12.1%, to reach USD 0.38 million by 2026. With the increasing popularity for organic food and organic farming, and increasing environmental awareness regarding the use of chemical fertilizers and pesticides, the need for Organic Seeds is increasing which enhances the growth of this market in the aforementioned forecast period.
Non-synthetic food products have better taste, higher antioxidant characteristics and more nutritional value. They are produced by organic farming. It is an alternative farming technique that does not involve harmful pesticides and uses fertilizers of organic origin and it emphasizes on farming techniques like crop rotation.
Latin America Organic Seeds Market Drivers:
Factors accountable for driving the market are increasing demand for non-synthetic products in Food and Beverage industry, the growing awareness regarding the negative health impact caused by utilizing chemicals in agriculture, growing environmental concerns over conventional agricultural practices and favourable regulatory frameworks pertaining to organic farming in developed regions. On the other hand, high prices of organic seeds and supply-demand troubles are likely to hamper the growth of market. Also, initiatives taken by government and agencies related to agriculture hold great future potential for market.
Latin America Organic Seeds Market – By Crop Type:
Latin America Organic Seeds Market – By Application:
Latin America Organic Seeds Market – By Distribution Channels:
Based on Geographical analysis the market is separated into regions of Argentina, Brazil and Mexico. Argentina is leading the market while Brazil is at second place. Brazil is expected to grow the fastest due to increasing awareness among farmers and increasing adoption rate. Crop wise Vegetable Seeds are leading the market by a small margin over Fruit and Nut Seeds due to ever increasing need to increased food production and growing population.
Some of the key players dominating this market include Seeds of Change, Johnny’s Selected Seeds, Fedco Seeds, High Mowing Organic Seeds, Seed Savers Exchange, Wild Garden Seeds, HILD Samen, Fleuren, Vitalis Organic Seeds, Navdanya, De Bolster, Maas Plant, Southern Exposure Seed Exchange and Arnica Kwekerij.
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