Fruit and Vegetable Seeds Market Driven by Major Export Role to North America and EU - Says Stellar Market Research

PUNE, India, July 17, 2024 /PRNewswire/ -- Fruit and Vegetable Seeds Market refers to the global industry engaged in the production, distribution and sale of seeds used for primary fruit and vegetable production. These seeds are important agricultural inputs, allowing farmers and producers to grow and grow a variety of fruits and vegetables. Depending on regulatory approvals and market demand, the market includes both conventional and genetically modified seeds. The key drivers of the fruit and vegetable seeds market are research and development of new seed varieties, seed production, seed purification technologies, and distribution channels that provide access to farmers worldwide.  Factors such as population growth, dietary changes, technological advances in seed production, environmental conditions and agricultural policies drive the growth in this market.

Stellar Market Research, a global business consulting firm has published a competitive intelligence and market research report on the "Fruit and Vegetable Seeds Market". Fruit and Vegetable Seeds Market size was valued at US$ 12.43 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 8% through 2024 to 2030, reaching nearly US$ 21.30 Bn.

The research report from Stellar Market Research offers vital insights into the dynamic Fruit and Vegetable Seeds Market landscape. Focused primarily on key players, market segments, business strategies, production complexities, and pricing structures, the report provides a user-friendly and thorough comprehension of market dynamics and pivotal factors shaping industry growth. It methodically examines driving and restraining factors, market trends, costs, shares, supply and demand dynamics, and product analyses. The Fruit and Vegetable Seeds market report undergoes rigorous analysis utilizing analytical backgrounds such as SWOT and PESTLE analysis to reveal deeper insights into market dynamics and prospects.

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What's New: Recent Additions and Updates

• Technological Advancements
• New Streaming Partnerships and Platforms
• Innovative Marketing Strategies
• Financial Performance and Investment
• Consumer Behavior and Trends
• Regulatory Changes and Challenges
• Consumer Technology Integration.

Key Player Offerings

• Bayer is active in the development of hybrid and genetically modified (GM) seeds for a variety of fruits and vegetables. They focus on traits such as disease resistance, increased yield and improved nutrition.
• Syngenta has introduced several new herbal products that focus on characteristics such as taste, shelf life and adaptability for different climates. Emphasis is placed on sustainable agricultural practices and seed-cleaning technologies to increase crop protection.
• Monsanto pioneered genetically modified seeds, offering traits such as herbicide tolerance and pest resistance. They continue to innovate in seed technology and focus on increasing yields and sustainability.
• Corteva AgriSense focuses on developing yields with improved genetics and traits that improve crop yields and quality. Several hybrid seeds are offered for field crops and vegetables, aided by digital farming technology.

Fruit and Vegetable Seeds Market Regional Analysis

The fruit and vegetable seeds market is experiencing robust growth driven by several key factors. The global demand for food due to growing population and changing dietary preferences towards healthier products has led to a huge demand for fresh fruits and vegetables. This trend has spurred investments in hybrid and organic seeds to meet consumer demand for healthier products and increase yield and quality. 

Agricultural modernization and new production techniques further support market expansion, facilitate sustainable agricultural practices and improve yields. It indicates that commercial seeds have received greater adoption than agricultural seeds, and the high rate of replacement emphasizes the importance of quality seeds for increasing agricultural productivity.  However, high R&D expenditure on genetically modified and quality seeds contributes to higher seed prices, affecting market growth. Companies such as Syngenta and Bayer are at the forefront of this growth, investing heavily in R&D to produce seeds with attributes such as disease resistance and higher yields. Despite challenges such as cost implications and regulatory hurdles associated with GMB seeds, the market for fruit and vegetable seeds continues to expand, driven by innovation and increased global agricultural efficiency.

Asia-Pacific region is poised to dominate the Fruit and Vegetable Seeds market from 2024 to 2030, and by 2030 it is expected to hold a huge market share of xx%.  This dominance is due to high levels of vegetable production in countries such as China, India, South Korea and Japan, which are known for growing staple crops such as tomatoes, peppers, pumpkins and melons.  These countries are also major exporters of fruits and vegetables to North America and the European Union.

The region hosts some of the largest seed companies in the world, including India-based UPL Corporation (Advanta Seeds), Taki Seeds and Japan-based Sakata Seeds, which are driving market growth through innovation. As the world's second largest producer of fruits and vegetables, India faces huge imports worth INR 168 billion by FY2020, underscoring the domestic demand growth. China, another key player, accounted for more than 16% of global fruit and vegetable imports in 2017, showing an important role in the global market.  As the world population approaches 1.4 billion by 2024, the demand for food will continue to rise, especially in an agricultural economy where agriculture remains the main source of income for almost 70% of the population.

Despite challenges such as changing eating habits driven by fast food, post-GST and demonetisation effects stimulating and strengthening fast food and quick service restaurants, region of the agricultural industry continues to shape the future landscape of fruit and vegetable consumption and production.

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Segment Overview

Stellar has segmented the market based on

By Type

• Tomato
• Pepper
• Onion
• Cucumber
• Lettuce
• Melon
• Carrot
• Other types

By Form

• Inorganic
• Organic

By Trait

• Genetically modified
• Conventional

By Family Type

• Solanaceae
• Cucurbit
• Leafy
• Brassica
• Root & bulb
• Other families

Based on the Family Type, the fruit and vegetable seeds market is segmented into Solanaceae, Cucurbit, Leafy, Brassica, Root & bulb, and other families. Solanaceae segment is expected to hold the largest market shares of xx% by 2030. Potatoes, eggplant, tomato, capsicum, and chilli are all members of the Solanaceae family. Tomatoes and potatoes are the most widely grown vegetables in the world, according to the FAO. China, India, and South Korea are among the world's leading potato growers.

There are around 75 genera and 2,000 species of herbs, shrubs, and small trees in the Solanaceae family. Seed and stem cutting can both be used to create Solanaceae. Shrub-like plants are created using the cutting procedure. Tomato is a perennial plant that grows in tropical climates and is botanically classified as a fruit. Tomatoes are susceptible to fungus, which can stifle the plant's growth. To assist limit the impact of these diseases on tomatoes, fungicide seed protectants and crop rotation could be used.

Pests and illnesses from new species are now affecting the production of these staple crops around the world. The Colorado potato beetle, for example, posed a danger to tomato and eggplant output. Adoption of integrated pest management measures, such as agricultural hygiene practises, biological controls, and the selection of appropriate chemical dosages, may aid in pest infestation management. These are the factors that are expected to drives the growth of the Solanaceae segment in the Fruit and Vegetable Seeds market during the forecast period.

Detailed segmentation values for each segment and explanations for growth are provided in the final report.

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Fruit and Vegetable Seeds Market's Key Players include

• BASF SE (Germany)
• Bayer AG (Germany)
• Syngenta Group (Switzerland)
• KWS SAAT SE (Germany)
• Corteva Agriscience (US)
• Sakata Seed Corporation (Japan)
• Groupe Limagrain (France)
• Takii & Co Ltd (Japan)
• UPL (Advanta Seeds) (India)
• DLF (Denmark)
• Mahyo (India)
• Longping Hitech (China)
• Others

Key questions answered in the Fruit and Vegetable Seeds Market are:

• What is a Fruit and Vegetable Seeds?
• What is the current growth rate of the Fruit and Vegetable Seeds Market?
• Who are the key players in the Fruit and Vegetable Seeds Market?
• What are the factors affecting growth in the Fruit and Vegetable Seeds Market?
• Who held the largest market share in the Fruit and Vegetable Seeds Market?
• What is the demand pattern for the Fruit and Vegetable Seeds Market?
• What are the key trends in the Fruit and Vegetable Seeds Market?
• What are the strategies used by competitors in the Fruit and Vegetable Seeds Market?
• What are the growth prospects in developing countries for the Fruit and Vegetable Seeds Market?
• Which segment is expected to witness the fastest growth and why in the Fruit and Vegetable Seeds Market?

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by Different Segment | 2024−2030
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by type, form, trait, family type, and Region
• Competitive Landscape – Profiles of selected key players by region in a strategic perspective
• Competitive landscape – Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations

Stellar Market Research a leading Chemical & Material research firm, has also published the following reports:

Sunflower Seeds Market size was valued at USD 2132.58 Mn. in 2023 and the total Global Sunflower Seeds revenue is expected to grow at a CAGR of 7.9% from 2024 to 2030, reaching nearly USD 3631.24 Mn. by 2030.

Watermelon Seed Market size was valued at USD 2.10 Billion in 2023 and the total Global Watermelon Seed revenue is expected to grow at a CAGR of 10.45% from 2024 to 2030, reaching nearly USD 4.31 Billion by 2030.

Moringa Seeds Market is expected to grow at 9.68% CAGR from 2024 to 2030, from USD 8.55 Billion to USD 16.33 Billion

Chia Seeds Market size was valued at USD 604.58 Mn. in 2023 and the total Chia Seeds Market size is expected to grow at a CAGR of 16.66% from 2024 to 2030, reaching nearly USD 1777.90 Mn. by 2030.

Seed Treatment Market size was valued at USD 12.35 Bn. in 2023 and the total Global Seed Treatment revenue is expected to grow at a CAGR of 9.83% from 2024 to 2030, reaching nearly USD 23.81 Bn. by 2030.

About Stellar Market Research:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems.

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SOURCE Stellar Market Research

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