Global Fruits & Vegetable Seeds Market

Fruits & Vegetable Seeds Market: Insights

The traditional input for the processing of vegetables and fruit are seeds. The seed suppliers are interested in supplying fruit and vegetable seeds free of diseases and weeds to benefit the agricultural community by improving overall yields. The key driver for the development of the fruit and vegetable seed industry is the increasing demand for high-quality seeds in both outdoor and indoor farming practices around the world to meet the increasing food demand. In the coming years, the growing demand for organic vegetables & fruits, varied demand, and cultivation of exotic fruits & vegetables have generated new opportunities for seed manufacturers. Moreover, efforts by organizations such as the UN Food and Agriculture Organization (FAO) to attain food security by increasing yields are also generating prospects for the market for fruit and vegetable seeds in Africa and Asia, the least developed countries. Furthermore, the effects of urbanization and the growing preference for organic food products are some other factors driving the market growth.

Fruits & Vegetable Seeds Market: By Family Type

It is predicted that the Solanaceae segment will account for a considerable market share of the fruits & vegetable seeds market throughout the forecast period. This is mainly attributable to the growing demand, including ketchup, sauces, pasta, and salsa, for tinned tomato products. Tomato is a perennial plant that is botanically a fruit, cultivated in tropical environmental conditions. Tomatoes are vulnerable to the production of fungi, which could impede the plant's growth. The use of defensive fungicide seeds and crop rotation may help minimize the level of these diseases on tomatoes.

Fruits & Vegetable Seeds Market: By Form

The inorganic type of seeds is the segment that held the largest market share in terms of volume and value in 2019. These seeds are mainly grown on conventional farms and are readily available. Inorganic seeds are bought by consumers because they are cheaper than natural seeds. In comparison, the quality levels of inorganic foods are significantly lower than those of organic foods and are marketed under normal labels of quality approval.

Fruits & Vegetable Seeds Market: By Trait

In 2019, in terms of value, the conventional segment is projected to be the largest market shareholder. It is due to the companies that are concentrating their R&D on the implementation of cost-saving hybrid seeds and the environmental impact of soybeans; are the factors responsible for market growth. Moreover, one of the main reasons for driving segment market growth is the high adoption of crop safety chemicals in conventional farming.

Fruits & Vegetable Seeds Market: By Crop Type

In terms of revenue growth, the tomato will expand at the highest CAGR during the forecast period. The most commonly developed vegetable worldwide is tomatoes. Tomatoes, including beefsteak, pear tomatoes, plum tomatoes, grape tomatoes, and cherry tomatoes, are available in 7,500 varieties. This is due to the rising farmland dedicated to its breeding along with the increasing demand for fruits & vegetable seeds in international markets is boosting the market growth.

Fruits & Vegetable Seeds Market: By Region

The European region holds the leading market share in terms of revenue for the coming years. The main drivers of this regional sector are expected to be the wide-ranging seed development activities in EU countries and the increasing geriatric population. Furthermore, the Asia-Pacific region is expected to witness the fastest-growing market, owing to the rising population, increasing levels of disposable income, and increasing industrialization. Growth in the region's market is driven by the rising large-scale production of major vegetables such as eggplants, tomatoes and melons, and others, with an emphasis on the adoption of inorganic strategies for the creation of high-quality fruit and vegetable seeds.

Fruits & Vegetable Seeds Market: Share & Competitor Analysis

BASF SE, Syngenta Group, Corteva Agriscience, Groupe Limagrain, Upl (Advanta Seeds), Mahyco, Enza Zaden, Vikima Seeds A/S., Bayer Ag, Kws Saat Se, Sakata Seed Corporation, Takii & Co, Ltd, DLF, Longping High-Tech, FMC Corporation, and East-West Seed among others are the main manufacturers competing in the fruits & vegetable seeds market.

Please note: This is not an exhaustive list of companies profiled in the report.

In March 2020, BASF SE entered into a collaboration with the French company Graines Voltz to divest its HILD Samen business. The company is recognized as the pioneer in the distribution of vegetable seeds