A novel report on global Vegetable Seeds market forecast to 2028 has been recently published by Reports and Data. The global vegetable seeds market size was significantly robust in 2020 and is expected to register steady revenue CAGR during the forecast period. The report offers an overview about recent trends and developments taking place in the Vegetable Seeds market. Detailed insights on market size, revenue growth, market drivers, restraints, growth opportunities and challenges is provided in the report. Technological advancements in farming techniques, growing adoption of precision farming and air seeding techniques are some key factors boosting global Vegetable Seeds market growth.
Market Dynamics:
Agriculture is one of the fastest growing sector across the globe due to increasing demand for good quality food and constantly growing population. The agricultural industry is rapidly gaining popularity over the recent years and has contributed to overall economic growth. Increasing adoption of organic products and fertilizers, rising environmental concerns and water shortage, availability of modern techniques to boost crop yield, rapid integration of ICT, and aerial seeding through drones are some significant factors fueling revenue market growth. In addition, increasing investments in research and development activities and government initiatives to support agricultural sector and funding from various public and private sectors is fueling market growth.
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The global Vegetable Seeds market is quite competitive and comprises various key players at global and regional levels. Major players are focusing on adopting various strategies such as mergers and acquisitions, partnerships and joint ventures to establish market footing. These are investing in R&D to develop enhanced products and devices, modern farming systems and other techniques to boost farm and livestock productivity. Major companies operating in the global Vegetable Seeds market are BASF SE, Bayer AG, Syngenta Group, KWS SAAT SE, Cortiva Agriscience, Sakata Seed Corporation, Groupe Limagrain, Takii & Co Ltd, UPL (Advanta Seeds), DLF, Mahyo, Longping High-Tech, Enza Zaden, FMC Corporation & Others.
Increasing focus on R&D activities, technological advancements, rising investments in development of quality seeds, supportive government initiatives such as tax rebates and incentives to promote cultivation of hybrid seeds, and rising awareness about health benefits are some key factors driving market revenue growth over the forecast period. There is a growing need for genetically engineered hybrid vegetable seeds with attributes such as disease resistance, extra nutrients, and increased yield that is driving demand for advanced hybrid vegetable seeds globally. Changing lifestyles, shifting preferences toward healthier food in developing countries, and rising disposable income are some other factors expected to drive vegetable seeds market growth.
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The data presented in the report is obtained through authentic sources and is verified by professionals and experts in the industry. The report also provides SWOT analysis and Porter’s five force analysis to help user understand about current market insights. The report also offers detailed insights about market segmentation based on type, and application.
Vegetable Seeds Market Segmentation:
Type Outlook:
- Tomato
- Cabbage
- Sweet Pepper
- Lettuce
- Watermelon
- Onion
- Melon
- Chinese Cabbage
- Hot Pepper
- Carrot
- Sweet Corn
- Eggplant
- Okra
- Other Vegetable Types
Form Outlook:
- Inorganic
- Organic
The report also focuses on industry development in 5 major regions in the world including North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Regional Outlook of Vegetable Seeds Market:
- North America
- S.
- Canada
- Mexico
- Europe
- Germany
- K.
- Italy
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- A.E.
- South Africa
- Rest of MEA
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