Vegetable Seeds Market Size
The value of the global vegetable seeds market size was around 8.6 billion US dollars in 2021, and it is expected that it will increase to approximately 14.5 billion US dollars by 2030, expanding at a compound yearly growth rate (CAGR) of approximately 10.35% between 2022 and 2030.
Vegetable seed suppliers’ ongoing commitment to ensuring stable seed supplies for producers, combined with increased vegetable consumption, explains the acceleration in CAGR.
Vegetable Seeds Market Analysis
Numerous studies have shown that eating a diet rich in vegetables can reduce the risk of chronic diseases. Any sickness or disorder, such as obesity and eye difficulties, can be mitigated by eating more veggies. In addition, eating healthy, non-starchy veggies like lettuce, spinach, and other vegetables can aid in weight loss. That’s why vegetable consumption has skyrocketed: it’s essential for satisfying a wide range of dietary and nutritional requirements. Further, in order to supply this growing demand for veggies, farmers all over the world are seeking access to high-quality vegetable planting seeds.
A vegetable seed is the embryo of a plant, encased in the outer covering of a crop often grown in a garden or on a farm. The nutritive tissue of a seed consists of an embryo, an endosperm, and a seed coat. Common vegetables that often have seeds include Chinese cabbage, lettuce, tomatoes, onions, melons, sweet peppers, okra, eggplant, hot peppers, sweet corn, and sweet peppers. High-quality vegetable seeds are the most effective method of propagating vegetables and crops because they contain large quantities of protein, starch, and nutrients.
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The optimistic outlook on the market is a direct result of the booming international Food and beverage sector. In this manner, customers are increasingly including vegetable seeds in their meals and diet programmes in response to the rising demand for foods with higher nutritional features and health benefits.
Additionally, organic vegetable seeds grown with the help of bio-fertilizers, biopesticides, and organic manure are entering the market and contributing to the expansion of the sector. This is because these seeds have a less ecological footprint.
In addition, the rising use of gene-editing technology to address the rising demand for genetically modified vegetable seeds that impart features like disease resistance, greater yield, and reduced risk of crop deterioration is a driving force behind the expansion of this industry.
Vegetable production is being impacted by the widespread use of biotechnology instruments to cultivate a range of vegetables with enhanced agronomic performance and resilience to climate circumstances. Further expansion of the market is forecasted on account of reasons such as the growing demand for hybrid vegetable seeds, the increasing scarcity of farmland, and the increasing popularity of snack and RTE foods that use vegetables.
Global Vegetable Seeds Market Latest Trend
The World Health Organization (WHO) estimates that around 1.7 million deaths worldwide can be attributed to insufficient intake of fruits and vegetables. Additionally, poor fruit and vegetable eating is one of the top 10 risk factors for death around the world.
Thus, a diet rich in fruits and vegetables may reduce the risk of developing serious chronic illnesses (NCD). Vegetable demand is on the rise in both established and developing economies, thanks to rising awareness of the advantages of vegetables and growing health concerns.
Farmers around the world are utilising numerous agriculture inputs, such as high-quality vegetable planting seeds, to boost vegetable output.
Vegetable Seeds Market Regional Analysis
The Asia-Pacific region is the fastest-growing market. Multinational corporations can expand their reach and increase their customer base by catering to the unmet need for vegetable seeds in developing countries like China and India. The export potential of vegetable seeds in the global market has shifted countries’ priorities toward the adoption of high-quality seeds.
The demand for newly created, high-quality, certified seeds has risen in recent years as farmers have become more informed about the advantages of utilising certified/quality seeds. Farmers’ willingness to spend more for better seeds has increased as a result of this trend. Hybrid vigour and hybrid varieties made it possible to increase yields while using less arable land per person. Long-term, this trend is pushing farmers to switch their attention from traditional seed sources to packaged seeds, which offer higher returns.
Increased efforts to develop breeding technology to facilitate the production of high-quality vegetable seeds bode well for Europe’s economic future. During the forecast time frame, the regional market might expand at a compound annual growth rate of 6.9%. Demand for organic food products and the rise of homesteading in rural regions are seen as key drivers of expansion in countries like the United States and Canada.
Improvements in Vegetable Seed Technology on the Rise
Exploring new agricultural resources, creating genetically modified seeds, increasing hybridization rates, and many other innovations are all thanks to the progress made in the seed sector thanks to technological breakthroughs. The global demand for vegetables is rising due to rising urbanisation and population, which is a major factor in the implementation and development of such hybrid and GM seeds.
Using GM seeds, farmers are able to increase their harvest and cultivate more diverse, hardy plant species. Better agricultural yields are one of the main motivating factors for the GM seed market, which has been helped by the widespread use of genetically modified seeds. Genetically modified seeds that produce a crystalline insecticidal protein from Bacillus thuringiensis, known as Bt, were developed and released by Monsanto in 2017. The dynamics of the genetically modified seed industry are profoundly affected by emerging trends such as the rising acceptance of drought-tolerant biotech crops and the rising demand for high-yield crops.
Despite the fact that the commercial release of genetically modified (GM) technology is prohibited in numerous countries, including the Philippines, records show that it proved itself to be the fastest-adopted technology in agriculture. These physical seed enhancements offer a superior option to traditional chemical seed invigoration treatments, and hence represent a promising new direction in the expanding seed market.
Vegetable Seed Market Size Driving Factors
Vegetables are an important part of a balanced diet that can help fight against malnutrition. Improving health, cognitive function, and productivity can be accomplished by a more well-rounded diet that includes a wider variety of foods. Vegetables’ high nutrient density, meanwhile, makes them an affordable solution to the problem of malnutrition in many third-world nations. Therefore, the expansion of the business is bolstered by the rising demand for veggies around the world.
To meet the needs of both farmers and consumers, hybrid seeds have been created. Adaptability, nutrition, flavour, yield, colour, form, size, cooking quality, flavour, and shelf life are just a few of the many desirable characteristics of hybrid vegetables. The advantages of hybrid seeds over traditional seeds are increasing their appeal.
By using hybrid vegetable planting seeds, farmers can protect their crops from pests and illnesses. Furthermore, these seeds have a high potential yield and consistently strong performance all year long. In addition, the proliferation of seed companies over the past three decades is directly attributable to farmers’ increasing reliance on hybrid seeds, which in turn obligates those businesses to consistently provide high-quality seed.
Scope of the Vegetable Seed Market Report
| Report Attributes | Report Details |
|---|---|
| Report Name | Vegetable Seeds Market Research Report |
| Number of Pages | 164 |
| Key Companies Covered | Bayer CropScience Ltd, Takii & Co., Ltd, Enza Zaden, Rijk Zwaan Zaadteelt en Zaadhandel B.V, Mahyco Private Limited, K Agri Genetics Limited, East-West Seed Company Ltd, Bejo Zaden BV, VNR Seeds, and Syngenta AG |
| Segments Covered | By Product Type, By Application, and By End Use |
| Forecast Units | Value (USD Billion), and Volume (Units) |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA) |
| Countries Covered | North America: U.S and Canada Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific Latin America: Brazil, Argentina, Chile The Middle East And Africa: South Africa, GCC, Rest of MEA |
| Base Year | 2021 |
| Historical Year | 2016 to 2020 |
| Forecast Year | 2022 – 2028 |
| Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Vegetable seeds, also known as herb seeds, are the seeds used to cultivate vegetables and herbs for consumption and/or medicinal purposes. All veggies that are grown for commercial purposes everywhere in the world are taken into account in this report. Vegetable seeds that are planted solely for the purpose of producing more vegetable seeds are not counted in the estimation in order to avoid double counting. Other uses of seeds are not discussed in the study. For the purpose of this global market estimation, only commercial seeds, not farm-saved seeds, are taken into account.
Climate change is a serious worry for agricultural production around the world. This change will hinder market growth.
Climate change has a major effect on agricultural output because plants are more vulnerable to pests and diseases. Because of this, crop health declines and farmers begin using unconventional methods. More than that, studies conducted over many decades have revealed that disease and its formation and proliferation on seed material are greatly impacted by seasonal changes in temperature, rainfall, and humidity, ultimately contributing to substantial crop loss. So, temperature shifts and increased atmospheric moisture content have an effect on vegetable cultivation.
Developments in Recent Times:
Four new and improved types of vegetable seeds were introduced by Bayer in January of 2021. Bazlet, SVHA9093, Anshuman, and Humgauri are the names of the newest offerings. The news was shared at Bayer’s vegetable seed business’s fourth annual Pragati Diwas celebration. Fourteen different types of vegetables and fruits were represented by roughly 120 high-yielding hybrid seeds displayed during the event.
Sakata Seed America bought Vanguard Seed in April of 2020. The lettuce seeds manufactured by Vanguard Seed are the best in the United States. After the purchase, Sakata Seed will have full control over all aspects of Vanguard’s operations, including seed manufacturing, breeding, and sales and marketing. This change has helped Sakata Seed cement its position as a leading provider of vegetable seeds in the United States.
Key Players Analysis
Consolidation characterises the global vegetable seed market, which is split between a handful of companies that control 67.9% of the market and everyone else. Bayer Cropscience AG, Groupe Limagrain, Syngenta AG, Rijk Zwaan Zaadteelt En Zaadhandel BV, BASF SE, Enza Zaden BV, and Sakata Seed Corporation are among the leading companies in this sector. Most of these businesses focus on developing hybrid kinds of vegetable seeds, which are protected by patents, and engaging in mergers and acquisitions (M&A) across multiple regions.
The Vegetable Seed Market Segment Analysis
The Vegetable Seed Market is Segmented by Vegetable Type (Tomato, Cabbage, Sweet Pepper, Lettuce, Watermelon, Onion, Melon, Chinese Cabbage, Hot Pepper, Carrot, Sweet Corn, Eggplant, Okra, and Other Vegetable Types) and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
By Form
- Organic
- Inorganic
By Type
- Hybrids
- Open-Pollinated
By Traits
- Conventional
- Genetically Modified
By Crop Type
- Roots And Bulb
- Solanaceae
- Cucurbit
- Leafy
- Brassica
- Others
By Cultivation Method
- Open Fields
- Protected
By Region
- North America
- The U.S.
- Canada
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Frequently Asked Questions
What will be the value of the vegetable seeds market Size during 2022-2028?
The value of the global vegetable seeds market size was around 8.6 billion US dollars in 2021, and it is expected that it will increase to approximately 14.5 billion US dollars by 2030.
Who are the key players in Vegetable Seed Market?
Bayer Crop Science, Groupe Limagrain, Syngenta International AG, Rijk Zwaan Zaadteelt En Zaadhandel BV , BASF SE are the major companies operating in Vegetable Seed Market.
Which region has largest share in Vegetable Seed Market?
Asia-Pacific holds highest share in 2021.
Which region has highest growth rate in Vegetable Seed Market?
Asia-Pacific is growing at the highest CAGR over 2021- 2026.
Which company is best for vegetable seeds?
The top players in the market include Bayer Cropscience AG, Groupe Limagrain, Syngenta AG, Rijk Zwaan Zaadteelt En Zaadhandel BV, BASF SE, Enza Zaden BV, and Sakata Seed Corporation.
Which are the seed vegetables?
Tomato
Cabbage
Sweet Pepper
Lettuce
Watermelon
Onion
Melon
Which vegetable seeds are edible?
Cycads.
Ginkgo.
Gnetum.
Juniper.
Monkey-puzzle.
What is the fastest vegetable to grow from a seed?
Radishes are among the quickest vegetables to grow, needing only three to four weeks before they can be picked.
what are the best vegetable seeds?
Tomato, Brinjal, Carrot, Radish, Cabbage are some of best vegetable seeds.
What is the growth rate of Vegetable Seed Market?
The Vegetable Seed Market is growing at a CAGR of 4.8% over the next 5 years.
What will be the value of the vegetable seeds market Size during 2022-2028?
The value of the global vegetable seeds market size was around 8.6 billion US dollars in 2021, and it is expected that it will increase to approximately 14.5 billion US dollars by 2030.
Who are the key players in Vegetable Seed Market?
Bayer Crop Science, Groupe Limagrain, Syngenta International AG, Rijk Zwaan Zaadteelt En Zaadhandel BV , BASF SE are the major companies operating in Vegetable Seed Market.
Which region has largest share in Vegetable Seed Market?
Asia-Pacific holds highest share in 2021.
Which region has highest growth rate in Vegetable Seed Market?
Asia-Pacific is growing at the highest CAGR over 2021- 2026.
Which company is best for vegetable seeds?
The top players in the market include Bayer Cropscience AG, Groupe Limagrain, Syngenta AG, Rijk Zwaan Zaadteelt En Zaadhandel BV, BASF SE, Enza Zaden BV, and Sakata Seed Corporation.
Which are the seed vegetables?
Tomato
Cabbage
Sweet Pepper
Lettuce
Watermelon
Onion
Melon
Which vegetable seeds are edible?
Cycads.
Ginkgo.
Gnetum.
Juniper.
Monkey-puzzle.
What is the fastest vegetable to grow from a seed?
Radishes are among the quickest vegetables to grow, needing only three to four weeks before they can be picked.
what are the best vegetable seeds
Tomato, Brinjal, Carrot, Radish, Cabbage are some of best vegetable seeds.
What is the growth rate of Vegetable Seed Market?
The Vegetable Seed Market is growing at a CAGR of 4.8% over the next 5 years.
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