Fruit and Vegetable Seeds Market: Global Industry Analysis and Forecast (2024-2030) by Type, Form, Trait, Family Type, and Region

Fruit and Vegetable Seeds Market Overview:

Vegetable seeds are the seeds of those crops that are commonly known and sold in this state as vegetable or herb seeds and are grown in gardens and on truck farms. Fruit and vegetable seeds market is showing tremendous growth in India. Seed germination requires appropriate moisture, temperature, and aeration.

 

 

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Fruit and Vegetable Seeds Market Dynamics:

Factors such as rising food demand, novel production methods, new product supply, and the emergence of agricultural modernization can all be attributed to Fruit and Vegetable Seeds Market growth. The Hybrid Vegetable Seeds Market is being driven by rising consumer awareness of health and growth in the food industry. The growing worldwide population is driving up demand for vegetables, which is one of the main reasons why commercial seed growers are constantly investing in production facilities that focus on hybrid vegetable seed quality and sustainability.

 

Consumers' eating habits have shifted toward healthier and more nutritious diets, increasing the demand for fresh fruits and vegetables. This has resulted in an increase in agricultural land dedicated to growing fruits and vegetables. Because of the growing popularity of organic foods and beverages, a huge number of farmers are turning to organic agricultural techniques, which has resulted in an increase in the market for organic seeds. The rising demand for vast quantities of fresh fruits and vegetables from around the world has resulted in a greater requirement for higher yield, which has resulted in a rise in R&D funding for the creation of genetically modified seeds with propellling fruit and vegetable seeds market growth.

 

Seed replacement ratios are increasing.

 

Seeds serve as the foundation for the advancement of the food chain and are critical to the Agri-food system's long-term viability. Farmers all over the world have been increasingly moving away from traditional agricultural methods in order to increase output and profit from limited resource availability, with commercial seeds being one of the most prominent developments in the business. The global seeds market has expanded about 90% since 2000, according to a research published by Syngenta, one of the top participants in the commercial seed sector.

 

The percentage of new seeds procured for production to the total number of seeds used is known as the seed replacement rate. As previously stated, the focus was typically on production using only farm-saved seeds. However, as the benefits and potential for value enhancement of seeds obtained through specialized channels became more apparent, the resulting increase in demand for seeds obtained through such channels offered a great opportunity for fruit and vegetable seeds market.

 

High R&D costs for developing high-quality vegetable seed results in a high seed price.

 

One of the most R&D-intensive sectors is the seed industry. The amount of money spent on R&D varies each company, based on the strategy and tactics used. In the crop protection industry, on the other hand, the majority of the leading companies spend a similar amount of their sales on R&D. Farmers are more likely to use genetically modified seeds due to irregular climatic conditions and increased demand for food from end consumers. The expense of creating GM seeds is higher, resulting in a higher seed price. Certain businesses have a leading role in the creation of GM seeds with specific features (insect resistance and herbicide tolerance), allowing them to charge a higher price for their products (seeds).

 

Hybrid and organic seeds of many vegetables and fruits, such as tomatoes, apples, grapes, and melons, are also more expensive than the average seed price, allowing farmers to utilize existing seeds from prior harvest cycles to lower overall seed expense. This could have a negative impact on the fruit and vegetable seeds market's growth.

 

Fruit and Vegetable Seeds Market Segment Analysis:

Based on the Family Type, the fruit and vegetable seeds market is segmented into Solanaceae, Cucurbit, Leafy, Brassica, Root & bulb, and other families. Solanaceae segment is expected to hold the largest market shares of xx% by 2027. Potatoes, eggplant, tomato, capsicum, and chilli are all members of the Solanaceae family. Tomatoes and potatoes are the most widely grown vegetables in the world, according to the FAO. China, India, and South Korea are among the world's leading potato growers.

 

There are around 75 genera and 2,000 species of herbs, shrubs, and small trees in the Solanaceae family. Seed and stem cutting can both be used to create Solanaceae. Shrub-like plants are created using the cutting procedure. Tomato is a perennial plant that grows in tropical climates and is botanically classified as a fruit. Tomatoes are susceptible to fungus, which can stifle the plant's growth. To assist limit the impact of these diseases on tomatoes, fungicide seed protectants and crop rotation could be used.

 

Pests and illnesses from new species are now affecting the production of these staple crops around the world. The Colorado potato beetle, for example, posed a danger to tomato and eggplant output. Adoption of integrated pest management measures, such as agricultural hygiene practises, biological controls, and the selection of appropriate chemical dosages, may aid in pest infestation management. These are the factors that are expected to drives the growth of the Solanaceae segment in the Fruit and Vegetable Seeds market during the forecast period 2021-2027.

 

Based on the Type, the fruit and vegetable seeds market is segmented into Tomato, Pepper, Onion, Cucumber, Lettuce, Melon, Carrot, and Other types. Tomato segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2021-2027. Beefsteak, plum tomatoes, pear tomatoes, cherry tomatoes, and grape tomatoes are among the 7,500 types of tomatoes available. Cross-pollination is required for tomato growth. Tomatoes are produced in China, India, the United States, Turkey, Egypt, Iran, Italy, and Uzbekistan, among others. Israel exports more than USD 2 billion in produce, with tomatoes being its fourth-largest export. It is also a world leader in developing better-looking, better-tasting, disease-resistant, and more nutritional varieties. During the forecast period, these factors are expected to drive the market for tomato seeds to develop.

 

China and India produce the majority of the world's tomatoes, accounting for 60% of total production. Tomato production in the globe reached 182 million metric tonnes in 2017. China tops the list with yearly production of 59.51 million metric tonnes, followed by India (20.71 million metric tonnes), Turkey (12.75 million metric tonnes), and the United States (10.91 million metric tonnes). The weather conditions in India are ideal for growing a wide range of tomato varieties.

 

 

Fruit and Vegetable Seeds Market Regional Insights:

Asia Pacific region is expected to dominate the fruit and vegetable seeds market during the forecast period 2024-2030. Asia Pacific region is expected to hold the largest market shares of xx% by 2027. This is due to large-scale production of important vegetables such as tomatoes, potatoes, eggplants, and melons in countries such as China, India, South Korea, and Japan. These countries are major fruit and vegetable exporters to North America and the European Union. Some of the world's largest seed firms are based in the region, including UPL Corporation (Advanta Seeds) in India, Takii Seeds in Japan, and Sakata Seeds in Japan (Japan). These factors are expected to support to drive the market growth in the Asia Pacific region during the forecast period.

 

With over a billion people to feed, India is the world's second-largest producer of fruits and vegetables. Despite this, the value of fruit and vegetable imports in the country in fiscal year 2020 was above 168 billion Indian rupees. In 2017, China accounted for more than 16% of the country's total fruit and vegetable imports.

 

The need for food is only expected to rise as the world's population approaches 1.4 billion people in 2024. Not only for its own citizens, but for items from a country where agriculture is still the primary source of income for about 70% of the population, there is a strong demand abroad. Fresh and processed vegetable exports totaled more than one billion dollars in 2016, with palm and soybean oil being the most popular vegetable oils.

 

The younger generation appears to be the least interested in eating fruits and vegetables, due to appealing ads and low-cost fast food bargains. In 2021, it is expected that fruit and vegetable intake as part of a meal will decrease by less than 5%. Despite the hit inflicted by the introduction of GST and demonetization, India's fast food and quick service restaurants have rebounded and are helping to shape the demographics of the agriculture sector's future.

 

North America fruit and vegetable seeds market is expected to grow rapidly at a CAGR of xx% during the forecast period 2021-2027. In the North American region, the United States has the largest market for vegetable seeds. In the United States, vegetable growers are usually small landowners who cultivate vegetables on less than 15 acres of land. Small farmers account for around 33% of vegetable growers, whereas just 9% of farmers have big vegetable fields and may sell crops for USD 500,000 per year. Fruit and vegetable consumption in the American diet has stayed relatively constant over time, ranging between 25 and 30 percent.

 

Competitive Landscape of the Global Fruits and Vegetables Seeds Market:

BASF SE (Germany) Company is expected to dominate the Fruits and Vegetables Seeds Market during the forecast period 2021-2027.

 

BASF SE (Germany) is expected to hold the largest fruit and vegetable seeds market share of xx% by 2027. The world's largest chemical firm, BASF SE, is headquartered in Ludwigshafen, Germany. The company's original name was Badische Anilin- und Soda-Fabrik. The four letters have become a trademark, and the company is listed on the stock exchanges of Frankfurt, London, and Zurich. BASF manufactures chemicals, polymers, performance chemicals, catalysts, coatings, agricultural technology, and crude oil and natural gas exploration and production. Among the company's key products are MDI (diphenylmethane diisocyanate), TDI (toluene diisocyanate), caprolactam, adipic acid, polyamide 6 and 6.6, ammonia, nitric acid, sulphur and chlorine products, inorganic salts, urea, melamine, glues, and impregnating resins.

 

Bayer AG (Germany) company is expected to hold the 2^nd largest market share of xx% by 2027.

 

A multinational pharmaceutical and life sciences company based in Germany, Bayer AG is one of the largest pharmaceutical companies in the world. Bayer, headquartered in Leverkusen, is a leading provider of pharmaceuticals, consumer healthcare products, agricultural chemicals, seeds and biotechnology products.

 

The objective of the report is to present a comprehensive analysis of the Fruit and Vegetable Seeds Market to the stakeholders in the industry. The report provides trends that are most dominant in the Fruit & Vegetable Seeds Market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of the Fruit & Vegetable Seeds Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.

 

The qualitative and quantitative data provided in the Fruit and Vegetable Seeds Market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Fruit and Vegetable Seeds Market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the Fruit & Vegetable Seeds Market.

 

 

The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals are existing, who they are, and how their product quality is in the Market. The report also analyses if the Fruit and Vegetable Seeds Market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly if the market is dominated by a few players, etc.

 

The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the Market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Fruit and Vegetable Seeds Market is aided by legal factors.

 

Fruit and Vegetable Seeds Market Scope:

Fruit and Vegetable Seeds Market
Market Size in 2023	USD 12.43 Bn.
Market Size in 2030	USD 21.30 Bn.
CAGR (2024-2030)	8 Percent
Historic Data	2018-2022
Base Year	2023
Forecast Period	2024-2030
Segment Scope	By  Type Tomato Pepper Onion Cucumber Lettuce Melon Carrot Other types
	By Form Inorganic Organic
	By Trait Genetically modified Conventional
	By Family Type Solanaceae Cucurbit Leafy Brassica Root & bulb Other families
Regional Scope	North America- United States, Canada, and Mexico Europe – UK, France, Germany, Italy, Spain, Sweden, Austria, and Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America

 

Fruit and Vegetable Seeds Market Key Players

• BASF SE (Germany)
• Bayer AG (Germany)
• Syngenta Group (Switzerland)
• KWS SAAT SE (Germany)
• Corteva Agriscience (US)
• Sakata Seed Corporation (Japan)
• Groupe Limagrain (France)
• Takii & Co Ltd (Japan)
• UPL (Advanta Seeds) (India)
• DLF (Denmark)
• Mahyo (India)
• Longping Hitech (China)
• Enza Zaden (Netherlands)
• FMC Corporation (US)
• Vikima Seeds (Denmark)
• East-West Seeds (Thailand)
• RIJK ZWAAN ZAADTEELT EN ZAADHANDELBY (Netherlands)
• Stark Ayres (South Africa)
• Bejo Zaden BV (Netherlands)
• Tokita Sementi (Japan)
• Vina Seeds (Vietnam)
• Bioseed (India)
• Technisem (France)
• Simlaw Seeds (Kenya)
• Mahindra Agri Business ( India)