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Global Vegetable Seeds Market, Size, Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Top Companies Analysis

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    Report

  • 195 Pages
  • April 2024
  • Region: Global
  • Renub Research
  • ID: 5952083
The Global Vegetable Seeds Market is expected to be valued at US$ 11.78 Billion by 2030. A balanced and healthy weight diet must include various vegetables that offer distinct crucial vitamins. A vegetable-rich diet can help lessen the threat of developing illnesses, including obesity and eye issues. Consuming nutrient-dense, non-starchy vegetables such as lettuce, spinach, and other greens can also be helpful for weight loss. Therefore, the demand for veggies has multiplied as more people seek to fulfill their dietary and nutrient wishes. Consequently, international farmers increasingly request high-quality planting seeds to satisfy the rising demand for vegetables.

Vegetable Seeds Market is anticipated to expand at a CAGR of 6.56% during the projection period (2024 to 2030)

The growing health focus drives the demand for diverse options, propelling the vegetable seeds market. As healthful eating tendencies gain momentum, customers prioritize nutritional benefits, fueling interest in numerous veggies. This surge prompts a desire for various seeds, such as heirlooms and particular types. Unique seeds promising fitness benefits or wonderful flavors are prominent by both home and industrial growers. Producers reply with improvements, enhancing crop nutrition and taste. This trend fuels market diversity, meeting evolving purchaser options. Healthy consumption catalyzes innovation, fostering a vibrant vegetable seeds market tailored to health-conscious people.

Besides, seed technology innovations, including hybridization and genetically modified seeds, force growth in the vegetable seeds market. Genetically modified seeds enhance crop yields and cultivate advanced variants, decreasing greenhouse gas emissions. Despite constraints like diminishing arable land and the need for better production, genetically modified technology remains crucial for attaining sturdy yields in vegetable seeds. These advancements function as effective alternatives to chemical remedies, contributing considerably to the global vegetable seeds market's increased trajectory. So, the Vegetable Seeds Market was priced at US$ 7.55 Billion in 2023.

Also, global trade and export possibilities drive demand in the vegetable seed market by facilitating the exchange of diverse seed varieties tailor-made to exclusive climates and growing conditions. Exporting nations prioritize innovation, specializing in sickness resistance, high yield, and environmental adaptability. International exchange also promotes the adoption of advanced agricultural technology and practices, influencing the uptake of present-day seed varieties. Seed manufacturers spend money on research and development to satisfy the particular needs of various areas, fostering economic boom and enhancing agricultural productivity internationally. This global interdependence underscores the vegetable seeds market's evolution towards cutting-edge seed technology, benefiting exporting nations and agriculture globally.

Vegetable seed sales in Asia Pacific's rising economies are poised for a quick increase. This is because of a flourishing agriculture sector, rising attention about the advantages of vegetable consumption, and a booming population driving elevated production needs. The surging demand for organic foods has considerably raised vegetable consumption in international locations like India and China, mainly due to improved vegetable seed planting. This trend offers excellent opportunities for vegetable seed industry players in the foreseeable future.

Open-pollinated varieties are expected to dominate a significant share of the vegetable seeds market

Due to their acceptable developments, open-pollinated varieties are predicted to hold an extensive proportion of the global vegetable seeds market. These seeds offer genetic diversity, adaptability, and the ability to breed true to type. They cater to the growing demand for sustainable agriculture and organic farming practices, aligning with customer options for natural and non-genetically modified produce. Also, open-pollinated varieties empower farmers by letting them store seeds for future plantings, decreasing dependency on seed providers.

Solanaceae may have a noteworthy portion of the worldwide vegetable seeds market

Solanaceae might command a substantial share of the global vegetable seeds market. This is because of the financial importance and recognition of its member crops. The Solanaceae plant families consist of widely eaten vegetables such as tomatoes, peppers, and eggplants, which experience a high demand globally. Solanaceae crops' versatility and diverse applications in diverse cuisines contribute to their prominence, making them key players in the vegetable seeds market. The adaptability of Solanaceae species to distinct climates also solidifies their widespread vegetable seeds market proportion.

The vegetable seeds market relies heavily on open-field cultivation

Open-field cultivation represents a crucial portion of the vegetable seeds market due to its extensive adoption and versatility. This conventional farming approach permits huge-scale manufacturing across numerous climates and regions, accommodating a couple of vegetable crops. Open-field cultivation is desired for its cost-effectiveness, simplicity, and capability to provide high yields. Furthermore, it offers flexibility in crop rotation and control practices, making it a favored preference for many farmers and contributing to its tremendous share in the vegetable seeds market.

China could become a prominent player in the global market for vegetable seeds

China is poised to dominate the global vegetable seeds market. Its well-sized agricultural landscape and favorable climatic conditions allow for the considerable cultivation of numerous vegetable crops. China's huge population and growing urbanization also force tremendous vegetable demand, necessitating full-size seed production. The country's solid studies and development efforts in agriculture bolster its function, creating super, high-yielding seed types. Moreover, China's sturdy production skills and aggressive pricing contribute to its ability to cater to domestic and worldwide markets, solidifying its capability to display the lion's percentage in the vegetable seeds market.

Key Players

The vegetable seeds market comprises enterprises like BASF A.G., Syngenta AG, GroupeLimagrain, Bayer AG, Sakata Seed Corporation, UPL Lmt., Gansu Dunhuang Seed Co., Ltd., and JK Agri Genetics Ltd.
  • In July 2023 - Takii Seeds launched a new type of winter carrot called Fuyu Chiaki. These carrots have been specifically designed to adapt well to winter conditions and show good resistance to cold weather. Furthermore, they can grow well in various soils, making them a versatile choice for farmers.

Type - Vegetable Seeds Market breakup in 2 viewpoints:

1. Open Pollinated Varities
2. Hybrid

Crop Type - Vegetable Seeds Market breakup in 6 viewpoints:

1. Solanaceae
2. Root & Bulb
3. Cucurbut
4. Brassica
5. Leafy
6. Others

Cultivation Method - Vegetable Seeds Market breakup in 2 viewpoints:

1. Protected
2. Open Field

Country - Vegetable Seeds Market breakup of 25 Countries:

1. North America
1.1 United States
1.2 Canada
2. Europe
2.1 France
2.2 Germany
2.3 Italy
2.4 Spain
2.5 United Kingdom
2.6 Belgium
2.7 Netherland
2.8 Turkey
3. Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 South Korea
3.5 Thailand
3.6 Malaysia
3.7 Indonesia
3.8 Australia
3.9 New Zealand
4. Latin America
4.1 Brazil
4.2 Mexico
4.3 Argentina
5. Middle East & Africa
5.1 Saudi Arabia
5.2 UAE
5.3 South Africa

All the key players have been covered from 3 viewpoints:

  • Overview
  • Recent Development
  • Revenue Analysis

Company Analysis:

1. BASF A.G.
2. Syngenta AG
3. GroupeLimagrain
4. Bayer AG
5. Sakata Seed Corporation
6. UPL Lmt.
7. Gansu Dunhuang Seed Co., Ltd.
8. JK Agri Genetics Ltd.

Table of Contents

1. Introduction2. Research Methodology3. Executive Summary
4. Market Dynamic
4.1 Growth Drivers
4.2 Challenges
5. Vegetable Seeds Market
6. Market Share - Vegetable Seeds
6.1 By Type
6.2 By Crop Type
6.3 By Cultivation Method
6.4 Country
7. Type - Vegetable Seeds Market
7.1 Open Pollinated Varities
7.2 Hybrid
8. Crop Type - Vegetable Seeds Market
8.1 Solanaceae
8.2 Root & Bulb
8.3 Cucurbut
8.4 Brassica
8.5 Leafy
8.6 Others
9. Cultivation Method - Vegetable Seeds Market
9.1 Protected
9.2 Open Field
10. Countries - Vegetable Seeds Market
10.1 North America
10.1.1 United States
10.1.2 Canada
10.2 Europe
10.2.1 France
10.2.2 Germany
10.2.3 Italy
10.2.4 Spain
10.2.5 United Kingdom
10.2.6 Belgium
10.2.7 Netherland
10.2.8 Turkey
10.3 Asia Pacific
10.3.1 China
10.3.2 Japan
10.3.3 India
10.3.4 South Korea
10.3.5 Thailand
10.3.6 Malaysia
10.3.7 Indonesia
10.3.8 Australia
10.3.9 New Zealand
10.4 Latin America
10.4.1 Brazil
10.4.2 Mexico
10.4.3 Argentina
10.5 Middle East & Africa
10.5.1 Saudi Arabia
10.5.2 UAE
10.5.3 South Africa
11. Porter’s Five Forces Analysis - Vegetable Seeds Market
11.1 Bargaining Power of Buyers
11.2 Bargaining Power of Suppliers
11.3 Degree of Rivalry
11.4 Threat of New Entrants
11.5 Threat of Substitutes
12. SWOT Analysis - Vegetable Seeds Market
12.1 Strength
12.2 Weakness
12.3 Opportunity
12.4 Threat
13. Key Players Analysis
13.1 BASF A.G.
13.1.1 Overview
13.1.2 Recent Development
13.1.3 Revenue Analysis
13.2 Syngenta AG
13.2.1 Overview
13.2.2 Recent Development
13.2.3 Revenue Analysis
13.3 Groupe Limagrain
13.3.1 Overview
13.3.2 Recent Development
13.3.3 Revenue Analysis
13.4 Bayer AG
13.4.1 Overview
13.4.2 Recent Development
13.4.3 Revenue Analysis
13.5 Sakata Seed Corporation
13.5.1 Overview
13.5.2 Recent Development
13.5.3 Revenue Analysis
13.6 UPL Lmt.
13.6.1 Overview
13.6.2 Recent Development
13.6.3 Revenue Analysis
13.7 Gansu Dunhuang Seed Co., Ltd.
13.7.1 Overview
13.7.2 Recent Development
13.7.3 Revenue Analysis
13.8 JK Agri Genetics Ltd.
13.8.1 Overview
13.8.2 Recent Development
13.8.3 Revenue Analysis
List of Figures
Figure 01: Global - Vegetable Seeds Market (Billion US$), 2019-2023
Figure 02: Global - Forecast for Vegetable Seeds Market (Billion US$), 2024-2030
Figure 03: Type - Open Pollinated Varities Market (Million US$), 2019-2023
Figure 04: Type - Forecast for Open Pollinated Varities Market (Million US$), 2024-2030
Figure 05: Type - Hybrid Market (Million US$), 2019-2023
Figure 06: Type - Forecast for Hybrid Market (Million US$), 2024-2030
Figure 07: Crop Type - Solanaceae Market (Million US$), 2019-2023
Figure 08: Crop Type - Forecast for Solanaceae Market (Million US$), 2024-2030
Figure 09: Crop Type - Root & Bulb Market (Million US$), 2019-2023
Figure 10: Crop Type - Forecast for Root & Bulb Market (Million US$), 2024-2030
Figure 11: Crop Type - Cucurbut Market (Million US$), 2019-2023
Figure 12: Crop Type - Forecast for Cucurbut Market (Million US$), 2024-2030
Figure 13: Crop Type - Brassica Market (Million US$), 2019-2023
Figure 14: Crop Type - Forecast for Brassica Market (Million US$), 2024-2030
Figure 15: Crop Type - Leafy Market (Million US$), 2019-2023
Figure 16: Crop Type - Forecast for Leafy Market (Million US$), 2024-2030
Figure 17: Crop Type - Others Market (Million US$), 2019-2023
Figure 18: Crop Type - Forecast for Others Market (Million US$), 2024-2030
Figure 19: Cultivation Method - Protected Market (Million US$), 2019-2023
Figure 20: Cultivation Method - Forecast for Protected Market (Million US$), 2024-2030
Figure 21: Cultivation Method - Open Field Market (Million US$), 2019-2023
Figure 22: Cultivation Method - Forecast for Open Field Market (Million US$), 2024-2030
Figure 23: United States - Vegetable Seeds Market (Million US$), 2019-2023
Figure 24: United States - Forecast for Vegetable Seeds Market (Million US$), 2024-2030
Figure 25: Canada - Vegetable Seeds Market (Million US$), 2019-2023
Figure 26: Canada - Forecast for Vegetable Seeds Market (Million US$), 2024-2030
Figure 27: France - Vegetable Seeds Market (Million US$), 2019-2023
Figure 28: France - Forecast for Vegetable Seeds Market (Million US$), 2024-2030
Figure 29: Germany - Vegetable Seeds Market (Million US$), 2019-2023
Figure 30: Germany - Forecast for Vegetable Seeds Market (Million US$), 2024-2030
Figure 31: Italy - Vegetable Seeds Market (Million US$), 2019-2023
Figure 32: Italy - Forecast for Vegetable Seeds Market (Million US$), 2024-2030
Figure 33: Spain - Vegetable Seeds Market (Million US$), 2019-2023
Figure 34: Spain - Forecast for Vegetable Seeds Market (Million US$), 2024-2030
Figure 35: United Kingdom - Vegetable Seeds Market (Million US$), 2019-2023
Figure 36: United Kingdom - Forecast for Vegetable Seeds Market (Million US$), 2024-2030
Figure 37: Belgium - Vegetable Seeds Market (Million US$), 2019-2023
Figure 38: Belgium - Forecast for Vegetable Seeds Market (Million US$), 2024-2030
Figure 39: Netherland - Vegetable Seeds Market (Million US$), 2019-2023
Figure 40: Netherland - Forecast for Vegetable Seeds Market (Million US$), 2024-2030
Figure 41: Turkey - Vegetable Seeds Market (Million US$), 2019-2023
Figure 42: Turkey - Forecast for Vegetable Seeds Market (Million US$), 2024-2030
Figure 43: China - Vegetable Seeds Market (Million US$), 2019-2023
Figure 44: China - Forecast for Vegetable Seeds Market (Million US$), 2024-2030
Figure 45: Japan - Vegetable Seeds Market (Million US$), 2019-2023
Figure 46: Japan - Forecast for Vegetable Seeds Market (Million US$), 2024-2030
Figure 47: India - Vegetable Seeds Market (Million US$), 2019-2023
Figure 48: India - Forecast for Vegetable Seeds Market (Million US$), 2024-2030
Figure 49: South Korea - Vegetable Seeds Market (Million US$), 2019-2023
Figure 50: South Korea - Forecast for Vegetable Seeds Market (Million US$), 2024-2030
Figure 51: Thailand - Vegetable Seeds Market (Million US$), 2019-2023
Figure 52: Thailand - Forecast for Vegetable Seeds Market (Million US$), 2024-2030
Figure 53: Malaysia - Vegetable Seeds Market (Million US$), 2019-2023
Figure 54: Malaysia - Forecast for Vegetable Seeds Market (Million US$), 2024-2030
Figure 55: Indonesia - Vegetable Seeds Market (Million US$), 2019-2023
Figure 56: Indonesia - Forecast for Vegetable Seeds Market (Million US$), 2024-2030
Figure 57: Australia - Vegetable Seeds Market (Million US$), 2019-2023
Figure 58: Australia - Forecast for Vegetable Seeds Market (Million US$), 2024-2030
Figure 59: New Zealand - Vegetable Seeds Market (Million US$), 2019-2023
Figure 60: New Zealand - Forecast for Vegetable Seeds Market (Million US$), 2024-2030
Figure 61: Brazil - Vegetable Seeds Market (Million US$), 2019-2023
Figure 62: Brazil - Forecast for Vegetable Seeds Market (Million US$), 2024-2030
Figure 63: Mexico - Vegetable Seeds Market (Million US$), 2019-2023
Figure 64: Mexico - Forecast for Vegetable Seeds Market (Million US$), 2024-2030
Figure 65: Argentina - Vegetable Seeds Market (Million US$), 2019-2023
Figure 66: Argentina - Forecast for Vegetable Seeds Market (Million US$), 2024-2030
Figure 67: Saudi Arabia - Vegetable Seeds Market (Million US$), 2019-2023
Figure 68: Saudi Arabia - Forecast for Vegetable Seeds Market (Million US$), 2024-2030
Figure 69: UAE - Vegetable Seeds Market (Million US$), 2019-2023
Figure 70: UAE - Forecast for Vegetable Seeds Market (Million US$), 2024-2030
Figure 71: South Africa - Vegetable Seeds Market (Million US$), 2019-2023
Figure 72: South Africa - Forecast for Vegetable Seeds Market (Million US$), 2024-2030
Figure 73: BASF A.G. - Global Revenue (Million US$), 2019-2023
Figure 74: BASF A.G. - Forecast for Global Revenue (Million US$), 2024-2030
Figure 75: Syngenta AG - Global Revenue (Million US$), 2019-2023
Figure 76: Syngenta AG - Forecast for Global Revenue (Million US$), 2024-2030
Figure 77: Groupe Limagrain - Global Revenue (Million US$), 2019-2023
Figure 78: Groupe Limagrain - Forecast for Global Revenue (Million US$), 2024-2030
Figure 79: Bayer AG - Global Revenue (Million US$), 2019-2023
Figure 80: Bayer AG - Forecast for Global Revenue (Million US$), 2024-2030
Figure 81: Sakata Seed Corporation - Global Revenue (Million US$), 2019-2023
Figure 82: Sakata Seed Corporation - Forecast for Global Revenue (Million US$), 2024-2030
Figure 83: UPL Lmt. - Global Revenue (Million US$), 2019-2023
Figure 84: UPL Lmt. - Forecast for Global Revenue (Million US$), 2024-2030
Figure 85: Gansu Dunhuang Seed Co., Ltd. - Global Revenue (Million US$), 2019-2023
Figure 86: Gansu Dunhuang Seed Co., Ltd. - Forecast for Global Revenue (Million US$), 2024-2030
Figure 87: JK Agri Genetics Ltd. - Global Revenue (Million US$), 2019-2023
Figure 88: JK Agri Genetics Ltd. - Forecast for Global Revenue (Million US$), 2024-2030
List of Tables
Table 01: Global - Vegetable Seeds Market Share by Type (Percent), 2019-2023
Table 02: Global - Forecast for Vegetable Seeds Market Share by Type (Percent), 2024-2030
Table 03: Global - Vegetable Seeds Market Share by Crop Type (Percent), 2019-2023
Table 04: Global - Forecast for Vegetable Seeds Market Share by Crop Type (Percent), 2024-2030
Table 05: Global - Vegetable Seeds Market Share by Cultivation Method (Percent), 2019-2023
Table 06: Global - Forecast for Vegetable Seeds Market Share by Cultivation Method (Percent), 2024-2030

Companies Mentioned

  • BASF A.G.
  • Syngenta AG
  • Groupe Limagrain
  • Bayer AG
  • Sakata Seeds Corporation
  • UPL Lmt.
  • Gansu Dunhuang Seeds Co., Ltd.
  • JK Agri Genetics Ltd.

Methodology

In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.

Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.

Primary Research

The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develop the analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth, and forecast

The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:

  • Chief executives and VPs of leading corporations specific to the industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research

The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, webcasts, and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
 

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