Global Onion Seed Market Size study&Forecast, by Breeding Technology (Hybrids, Open Pollinated Varieties & Hybrid Derivatives) and Regional Analysis, 2022-2029
Global Onion Seed Market is valued at approximately USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.46% over the forecast period 2022-2029. Onion seeds are simply the seeds that help grow an onion. They are found in flowers as well as the roots of a plant. It has various antimicrobial and medical properties. Also, it is easy and economical to grow these seeds. The growing population is now health conscious and prefers organic food. Onion seeds have a wider application due to their multiple benefits. Additionally, the rising awareness of health benefits among individuals and the growing importance of organic food is driving the market worldwide for onion seeds.
The rising awareness among the individual about several benefits of onion seed and the health consciousness is boosting the market demand. The United States spends 17% of its GDP on healthcare. The production of onion has also increased to about 32 million metric tons due to Vitamin C, antioxidants and fiber.. Onion seeds are produced organically without any use of chemical fertilizers and pesticides, therefore the increasing demand for organic food drives the market for onion seeds. In 2021, worldwide organic food production in the market was recorded at approximately USD227.1 billionOil is also extracted from onion seed that is used due to several medicinal and antibacterial properties. Furthermore, the growing advantages of onion seed in the medical sector and health consciousness among the people playa major role.However, the proper environmental condition required for growing Onion Seed stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Onion Seed Marketstudy includes Asia Pacific, North America, Europe, Latin America, and Rest of the World.Europe is dominating the market for onion seeds due to favorable climatic conditions. It is anticipated that increasing sowing areas in this region will increase the CAGR by4.3%. The people in this region are preferring organic food, driving the demand for onion seeds. The fastest-growing region is expected to be Asia-Pacific with a 23% share in 2021. This is majorly due to the usage of onion in almost every meal. The cultivation is done throughout the region majorly in Rabi Season. The health consciousness among the people of Asia-Pacific plays a major role.
Major market player included in this report are:
BASF SE
Bayer AG
East-West Seed
Groupe Limagrain
Sakata Seeds Corporation
Namdhari Seeds Pvt. Ltd.
Reimer Seeds
Jordan Seeds Inc.
UAE Agriseeds
Syngenta AG
Recent Developments in the Market:
In February 2022, the seed division of BASF created an onion cultivator unlike other onions these don’t become pungent while stored but rather get sweeter and softer.
In July 2019, a Dutch manufacturer of onion seeds Taki and Go products announced a new onion brand, Unio to supply premium quality onion seed with good quality and yield.
Global Onion Seed Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Breeding Technology, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporatespotential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Breeding Technology offerings of key players. The detailed segments and sub-segment of the market are explained below:
ByBreeding Technology:
Hybrids
Open Pollinated Varieties & Hybrid Derivatives
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the WorldCompanies Mentioned
BASF SE
Bayer AG
East-West Seed
Groupe Limagrain
Sakata Seeds Corporation
Namdhari Seeds Pvt. Ltd.
Reimer Seeds
Jordan Seeds Inc.
UAE Agriseeds
Syngenta AG
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