Global Fruit & Vegetable Seeds Market Size By Type (Organic, Inorganic), By Application (Greenhouse Planting, Farm), By Region, And Segment Forecasts, 2023 to 2032

Report Id: 10959 | Published Date: Feb 2023 | No. of Pages: | Base Year for Estimate: Feb 2023 | Format:


The Global Fruit & Vegetable Seeds Market was valued at USD 8.3 billion in 2023 and is projected to surpass USD 14.2 billion by 2031, registering a CAGR of 6.8% during the forecast period from 2023 to 2031. This market is driven by the rising demand for high-yield and disease-resistant crops, advancements in agricultural biotechnology, and the growing global population that demands sustainable food sources. Fruit and vegetable seeds play a critical role in ensuring crop productivity and quality, aligning with the increasing need for food security worldwide.

Drivers

Rising Demand for High-Yield Varieties: The growing need to enhance agricultural productivity has boosted the adoption of hybrid and genetically modified seeds, offering improved yield and resistance to pests and diseases.

Technological Advancements in Seed Development: Innovations in seed technology, such as the development of genetically engineered seeds, are improving crop resilience and addressing issues like climate variability.

Growing Awareness of Nutritional Benefits: The increasing consumption of fruits and vegetables, driven by health-conscious lifestyles, is propelling demand for high-quality seeds.

Restraints

High Cost of Hybrid Seeds: The premium pricing of hybrid and genetically modified seeds can limit their adoption, especially among small-scale farmers in developing regions.

Environmental Concerns: Issues related to the use of genetically modified organisms (GMOs) and the environmental impact of intensive agricultural practices may hinder market growth.

Opportunity

Emerging Markets in Asia-Pacific and Africa: Rapid urbanization and increasing investments in agriculture are creating growth opportunities for the fruit and vegetable seed market in these regions.

Organic Farming Trend: The rising trend of organic farming is driving the demand for non-GMO seeds, offering a lucrative opportunity for market players.

Market by System Type Insights

By Crop Type: The vegetable seed segment dominated the market in 2023, driven by the high consumption of vegetables like tomatoes, cucumbers, and peppers. This segment is expected to maintain its lead due to ongoing advancements in seed technology and rising global demand.

Market by End-use Insights

By End-user: The commercial farming segment accounted for the largest market share in 2023. Increased mechanization and large-scale farming practices are contributing to this segment's dominance.

Market by Regional Insights

North America: Held the largest share in 2023, driven by advanced agricultural practices and the adoption of genetically modified seeds.

Asia-Pacific: Expected to witness the highest growth rate during the forecast period, fueled by growing investments in agriculture and rising awareness of high-quality seeds.

Competitive Scenario

Key players in the Global Fruit & Vegetable Seeds Market include Bayer AG, Syngenta Group, BASF SE, KWS SAAT SE & Co., Corteva Agriscience, Rijk Zwaan, East-West Seed, Sakata Seed Corporation, Takii & Co., and Enza Zaden. These companies focus on R&D, mergers & acquisitions, and collaborations to strengthen their market position.

Scope of Work – Global Fruit & Vegetable Seeds Market

Report Metric

Details

Market Size (2023)

USD 8.3 billion

Projected Market Size (2031)

USD 14.2 billion

CAGR (2023-2031)

6.8%

Key Segments

Crop Type, End-use, Region

Major Drivers

Technological advancements, rising demand for high-yield seeds

Opportunities

Emerging markets, organic farming trend

Key Market Developments

2023: Bayer AG launched a new line of high-yield hybrid vegetable seeds tailored for challenging climates.

2024: Syngenta introduced pest-resistant fruit seeds with enhanced nutrient profiles.

2025: Corteva Agriscience partnered with an African agricultural initiative to promote the adoption of disease-resistant seeds.

FAQs

What is the current market size of the Global Fruit & Vegetable Seeds Market?

The market was valued at USD 8.3 billion in 2023.

What is the major growth driver of the Global Fruit & Vegetable Seeds Market?

Technological advancements in seed development and the rising demand for high-yield varieties are key drivers.

Which is the largest region during the forecast period in the Global Fruit & Vegetable Seeds Market?

North America held the largest share in 2023, while Asia-Pacific is projected to grow fastest.

Which segment accounted for the largest market share in the Global Fruit & Vegetable Seeds Market?

The vegetable seed segment dominated the market in 2023.

Who are the key market players in the Global Fruit & Vegetable Seeds Market?

Bayer AG, Syngenta Group, BASF SE, Corteva Agriscience, Rijk Zwaan, among others. 

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