Fruit and vegetable seeds market size is expected to generate a revenue of USD 14.4 billion by 2025, at a CAGR of 8.2%. The global industry was estimated to be valued at USD 9.8 billion in 2020. The growing demand for high value crops such as tropical fruits and leafy vegetables coupled with the increased demand for organic food products is expected to drive the growth of the market during the forecast period.
With the changes in the consumption patterns of consumers towards a healthy and nutritious diet, the demand for fresh fruits and vegetables has been growing. This has led to an increase in the land area being brought under cultivation of fruits and vegetables. The growing adoption of organic food & beverages is also pushing a large number of farmers to adopt organic farming techniques, due to which the market for organic seeds has been growing. The high demand for large quantities of fresh fruits and vegetables from across the globe has led to the increased need for higher yield, as a consequence of which, there has been an increase in R&D investment toward the development of genetically-modified seeds.
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The market for Solanaceae segment is projected to account for the largest share during the forecast period
The Solanaceae family includes potatoes, eggplant, tomato, capsicum, and chili. According to the FAO, tomatoes and potatoes account for the largest produced vegetables across the globe. Countries such as China, India, and South Korea are among the major producers of potatoes
The family of Solanaceae has an approximate of 75 genera and 2,000 species of herbs, shrubs, and small trees. Solanaceae can be produced by both seed and stem cutting. The cutting method is used to produce shrub-like plants. Tomato, botanically a fruit, is a perennial plant grown in the tropical climatic conditions. Tomatoes are prone to developing fungi, which could hamper the growth of the plant. The application of fungicide seed protectant and rotation of crops could help reduce the impact of these diseases on tomatoes.
New species of pests and diseases are now impacting the production of these products, which are staple crops across the globe. For instance, the Colorado potato beetle threatened the production of tomatoes and eggplants. The adoption of integrated pest management such as farm hygiene practices, biological controls, and selection of appropriate quantities of chemicals could help in coping with pest infestation.
Asia Pacific is the fastest-growing market during the forecast period in the global fruit & vegetable seeds market
Asia Pacific is projected to account for the largest market size during the forecast period, owing to large-scale production of major vegetables such as tomatoes, potatoes, eggplants, and melons in countries such as China, India, South Korea, and Japan, among others. These countries serve as major exporters of fruits & vegetables to North America and the European Union. The region is also a host to some of the major seed producing companies such as UPL Corporation (Advanta Seeds) (India), Takii Seeds (Japan), and Sakata Seeds (Japan). These factors aid in driving the growth of the market during the forecast period.
This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies operating in the fruit & vegetable seeds market. It consists of the profiles of leading companies such 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), and Mahindra Agri Business ( India)