Global Tomato Seeds Market Analysis 2022
The Global Tomato Seeds Market is expected to reach $16.29 billion by 2028 growing at a CAGR of 7.5% from 2021 to 2028. Tomato is one of the most important vegetable crops, grown extensively in the tropical and sub-tropical climate. Tomato is a major vegetable consumed globally, second is potatoes. Tomato seed is an embryonic plant with a protective coating around it. Seed development is a phase of the reproduction process in seed plants, known as spermatophytes, which include gymnosperm and angiosperm plants. Tomato seed business is a highly competitive one. Tomatoes are a substantial source of income and include a variety of nutraceutical and nutritional qualities. Tomatoes have been demonstrated to aid in management of blood pressure, strengthening of immune system, and improvement of skin health. Potassium is one among them, and it helps to keep blood pressure in check. Vitamin C is abundant in tomato seeds, which helps to strengthen immune system and maintain youthful skin. Tomato seeds are high in dietary fibres, which help to lower cholesterol levels. These seeds also include a number of easily digestible amino acids that help with digestion.
Factors such as hybrid seed adoption, growing area under cultivation and increasing awareness about high nutritional content of vegetables such as tomatoes are driving the growth of the market. However, high investments required due to escalating expenses, consumable nature of the seed, high R&D costs and time frames are restraining the growth of the market.
Based on application, the greenhouse segment is going to have a lucrative growth during the forecast period which can be attributed as tomatoes are vegetables that grow in the ground. They need to be grown inside a greenhouse if it is not possible, or too expensive, for them to grow outside. In greenhouses, tomatoes can then get more sunlight and better air quality than they would have otherwise had outside. In greenhouses, tomato seeds can be planted to help grow.
The key vendors mentioned are Advanta, Asia Seed, BASF S.E, Bayer, Dongya Seed, East-West Seed, Gansu Dunhuang, Limagrain, Mahindra Agri, Monsanto, Namdhari Seeds, Sakata, Syngenta, Takii & Co Limited, and VoloAgri.
Category’s Covered:
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook