Global Vegetable Seed Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Vegetable Seed Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Vegetable Seed is an embryonic plant enclosed in a protective outer covering. Seeds are the product of the ripened ovule, after fertilization by pollen and some growth within the mother plant.

Market Overview:

The latest research study on the global Vegetable Seed market finds that the global Vegetable Seed market reached a value of USD 6888.12 million in 2022. It’s expected that the market will achieve USD 8495.94 million by 2028, exhibiting a CAGR of 3.56% during the forecast period.

Market Opportunities and Drivers

Rising world population
Global vegetable seed demand is set to grow as a result of the rising world population, population growth requires the production of more food. This growing population is being driven by population growth in countries such as China and India, and an increasing average age around the world. This, combined with stable or in some places shrinking agricultural land (e.g., due urbanization), means there is a significant need for the development and production of vegetable seed varieties with higher yields and nutritional value. As a result, the global vegetable seed market is expected to grow from 2019 to 2026.
Organic farming
The vegetable seed industry is witnessing a move towards organic farming as the demand for organic food continues to grow. The current growth in the number of farms switching is being stimulated by the higher margins on organic food. Besides, an important requirement for organic vegetables is that they grow easily without needing much fertilizer. The fertilizer rules are becoming tighter all the time, so efficient varieties can be valuable for all growers. An increased uptake of organic seeds by the farmers is inevitable as further growth of the organic food and beverage market.
New varieties of vegetable seeds
Due to the high share of vegetable seeds available from non-commercial or informal sector, especially in developing countries. The global vegetable seed market shows great scope for further introduction of improved varieties and quality seeds. In particular, the development of droughttolerant varieties and varieties tolerant to pests, weeds, and major plant diseases could play a large role.

Region Overview:

From 2023-2028, Europe is estimated to witness robust growth prospects.

Company Overview:

The top three companies are Bayer Crop Science, Vilmorin & Cie and Syngenta with the revenue market share of 13.43%, 13.40% and 9.92% in 2019.

Bayer Crop Science is engaged in the manufacturing of insecticides, rodenticides, fungicides and herbicides. The Company operates through Agri Care segment. The Company offers crop solutions for various crops, such as cotton, fruits, millet, mustard, pulses, rice, soybeans, sugar cane, vegetables and wheat. The Company offers various pest management solutions, such as Professional Pest Management for household / structural pests and Vector Management for pests that pose a threat to public health. The Company offers various brands, such as Aliette, Antracol, Folicur, Melody Duo and Nativo under the fungicides category; Adora, Adue, Atlantis, Basta, Laudis, Lucifer, Raft, Ricestar and Topstar under the herbicides category; Admire, Alanto, Confidor, Decis 100, Fame, Flotis, Jump, Larvin, Oberon and Spintor under the insecticides category; Gaucho, Monceren, Raxil and Raxil Easy under the SeedGrowth category, and Ethrel and Planofix under the others category.

Vilmorin & Cie is one of the world leaders of the seeds sector. It develops business around three activities, two of which represent its core business: vegetable seeds and field seeds, along with the garden seeds activity.

Segmentation Overview:

Among different product types, Solanaceae segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Farmland segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Vegetable Seed market covered in Chapter 3:

Sakata
BASF
Long Ping High-Tech
Syngenta
Nongwoo Bio
Tianjin Kernel
Enza Zaden
Bayer Crop Science
Jingyan Yinong
Pop Vriend Seeds
Rijk Zwaan
Bejo Zaden
Vilmorin & Cie
Takii
Huasheng Seed

In Chapter 4 and Chapter 14.2, on the basis of types, the Vegetable Seed market from 2018 to 2029 is primarily split into:

Solanaceae
Cucurbit
Root&bulb
Brassica
Leafy
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Vegetable Seed market from 2018 to 2029 covers:

Farmland
Greenhouse

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)