What Has Been the Progress and Growth of the Fruit and Vegetable Seeds Market in Recent Years?
The fruit and vegetable seeds market has seen considerable growth due to a variety of factors.
•The market size for fruit and vegetable seeds has seen a significant upsurge in the past few years. It is projected to escalate from $10.66 billion in 2024 to $11.21 billion in 2025, marking a compound annual growth rate (CAGR) of 5.2%.
The historical growth of this market can be associated with factors such as population upsurge, shifting dietary trends, agricultural globalization, climate variability, and government regulations.
What Can Be Expected from the Fruit and Vegetable Seeds Market in the Coming Years?
The fruit and vegetable seeds market is expected to maintain its strong growth trajectory in upcoming years.
• In the coming years, strong growth is predicted for the fruit and vegetable seeds market, with its size expanding to $14.06 billion by 2029 and a compound annual growth rate (CAGR) of 5.8%.
This forecasted growth can be linked to several factors, such as sustainable farming practices, a focus on health and wellness, adaptation to climate change, urbanization, and expansion of vertical farming. Notable trends likely to shape this market during the projection period include advancements in biotechnology, increased demand for organic and non-GMO products, development of climate-resilient variants, the rise of digital and precision farming, and challenges in the global supply chain.
What Are the Critical Driver Fuelling the Fruit and Vegetable Seeds Market's Growth?
The escalating preference for fresh fruit and vegetables is set to boost the expansion of the fruit and vegetable seeds market. Fresh fruits and vegetables are those that are recently harvested or produced, without any preservation steps. The seeds of fruits and vegetables encompass the embryo, whereupon fruits and vegetables are cultivated in farmlands yielding fresh produce. Consequently, as the demand for fresh fruit and vegetables soars, a corresponding increase in fruit and vegetable seeds demand will occur. For example, Statistics Canada, a government organization, documented in February 2023 that the farm-gate sales of fruits and vegetables surged by 13.1% to $3.0 billion in 2022, with fruit sales seeing a 15.3% increase, and vegetables a 11.2% rise. This signifies overall expansion across all key commodities. Therefore, the amplified demand for fresh fruit and vegetables is propelling the growth of the fruit and vegetable seeds market.
How Is the Fruit and Vegetable Seeds Market segmented?
The fruit and vegetable seeds market covered in this report is segmented –
1) By Type: Tomato, Pepper, Onion, Cucumber, Lettuce, Melon, Carrot, Other Types
2) By Trait: Genetically Modified, Conventional
3) By Family Type: Solanaceae, Cucurbit, Leafy, Brassica, Root And Bulb, Other Families
4) By Form: Inorganic, Organic
Subsegments:
1) By Tomato: Cherry Tomatoes, Beefsteak Tomatoes, Roma Tomatoes
2) By Pepper: Bell Peppers, Hot Peppers, Sweet Peppers
3) By Onion: Yellow Onions, Red Onions, Green Onions
4) By Cucumber: Slicing Cucumbers, Pickling Cucumbers
5) By Lettuce: Romaine Lettuce, Iceberg Lettuce, Leaf Lettuce
6) By Melon: Watermelon, Cantaloupe, Honeydew Melon
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What New Trends Are Influencing the Fruit and Vegetable Seeds Market?
One of the key trends in the fruit and vegetable seeds market is the progression of technology. Big names in the market are focusing on unveiling innovative technologies to bolster their standing. To illustrate, Corteva Agriscience, a U.S. agriculture and seed firm, launched a new plant breeding breakthrough in March 2023 to combat corn disease. This breakthrough incorporates a unique gene-editing technology that offers further protection for hybrid corn against disease and represents a novel and innovative approach to plant breeding.
Who Are the Key Players in the Fruit and Vegetable Seeds Market?
Major companies operating in the fruit and vegetable seeds market include:
• BASF SE
• Bayer AG
• Syngenta Group
• KWS SAAT SE & Co.
• Corteva Inc.
• Sakata Seed Corporation
• Groupe Limagrain
• Takii & Co Ltd.
• United Phosphorus Limited
• DLF Seeds A/S
• Mayo Seed Co.
• Longping Hitech
• Enza Zaden
• Vikima Seeds A/S
• Groupe Limagrain
• Bejo Zaden B.V.
• Rijk Zwaan Zaadteelt en Zaadhandel B.V.
• East-West Seed
• Vilmorin & Cie
• Tropical Seeds BV
• HaZera Seeds Ltd.
• Harris Moran Seed Company
• NongWoo Bio Co. Ltd.
• Johnny's Selected Seeds
• Stokes Seeds
What Is The Most Dominant Region In The Fruit and Vegetable Seeds Market?
Europe was the largest region in the fruit and vegetable seeds market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global fruit and vegetable seeds market report during the forecast period. The regions covered in the fruit and vegetable seeds market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
