Seed companies are involved in providing disease and weed-free fruit and vegetable seeds to farmers in order to improve overall yields.Major players’ research work led in the evolution of a diversity of seeds that are suitable for various soils and climatic conditions. The growing demand for high-quality seeds in both indoor and outdoor agricultural operations around the world to fulfil rising food demand is driving the fruit and vegetable seed market forward.
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Key Market Players:
Bayer CropScience AG, BASF SE (Nunhems BV), GroupeLimagrain, Sakata Vegetables Europe S.A.S
COVID-19 Impact analysis
The global agriculture sector has been crippled by the outbreak of COVID-19 and the efforts adopted to manage the epidemic. To fight the COVID-19 crisis, a number of governments have taken emergency measures. These tactics include blocking borders and governmental institutions, isolating homes and communities, and putting regions and the entire state on lockdown. As a result of these mitigation measures, markets and supply chains for agricultural inputs and products have been disrupted in numerous ways. Seeds are the beginning point for agricultural production, therefore during emergencies like the COVID-19 epidemic, seed delivery is one of the most important services that must continue to support current and future production cycles. However, issues relating to seed transportation both domestically and internationally, as a result of fewer aircraft, fewer drivers, and the slow processing of necessary papers due to a lack of staff, provide unique challenges for the seed industry.The decorative crop business has been badly harmed as a result of the closure of non-essential garden centers and the loss of contracts with supermarkets. The sale of seeds to non-professional gardeners has ceased. This will have an impact on some seed companies, particularly those with excess inventory.
Top Impacting Factors
- Vegetables can be protected from main diseases and pests by using hybrid vegetable seeds, and the quality of our produce can be increased, which is another growth driver for hybrid vegetable seeds. The growing global population is driving up demand for vegetables, which is one of the main reasons why commercial seed growers are continually investing in production facilities that focus primarily on the quality and sustainability of hybrid vegetable seeds, thereby driving up demand for hybrid vegetable seeds.
- Vegetable seeds are genetically modified to impart certain traits into the seeds, such as disease resistance, which aids in preventing yield spoiling and increasing yield, which is a major driver driving the vegetable seeds market.
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Market Trends
- The worldwide vegetable seeds market would be driven by increased production of high-yielding varieties and hybrid variety seeds in various countries as per capita arable land decreases.
- Asia-Pacific is the fastest growing market– Consumers in the region who are health-conscious are driving up demand for fresh vegetables. Urban agriculture, such as indoor farming and vertical farming approaches, have been expanding their operations to alleviate the shortage of domestically grown veggies as agricultural land becomes scarce. After the United States, China has the world’s second-largest seed market.
- The majority of vegetable seed firms in India concentrate on producing tomatoes, cabbage, eggplant, chilly, okra, and cucumber seeds.
Key Benefits of the Report
- This Study Presents the Analytical Depiction of the Vegetable Seeds Market industry Along With the Current Trends and Future Estimations to Determine the Imminent Investment Pockets.
- The Report Presents Information Related To Key Drivers, Restraints, And Opportunities Along With Detailed Analysis Of The Vegetable Seeds Market Share.
- The Current Market Is Quantitatively Analyzed from 2020 to 2027to Highlight the Vegetable Seeds Market growth Scenario.
- Porter’s Five Forces Analysis Illustrates the Potency of Buyers & Suppliers in the Market.
- The Report Provides A Detailed Vegetable Seeds Market analysis Based On Competitive Intensity And How The Competition Will Take Shape In Coming Years
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Key Market Segments
By Vegetable Type
Tomato
Cabbage
Sweet Pepper
Lettuce, Watermelon
Onion
Melon
Chinese Cabbage
Hot Pepper
Carrot
Sweet Corn
Eggplant and others
By Cultivation Mechanism
Open Field
Protected Cultivation
By Application
Farmland
Greenhouse and others